Here’s how you revive a classic car
If you’re a car enthusiast, it’s highly likely that you have a certain classic car in mind which you’d like to drive. Whether it’s German, American, Japanese, British, Italian or born anywhere else, there should be a thought at the back of your mind that might encourage you to buy a beat-up classic car and restore it. However, there are common misconceptions and wrong ideas that people generally have about reviving classic cars. We will try to clear them out and give some tips and insight on how to properly revive a classic car.
The search process is the most important
Just stumbling upon your dream car at a junkyard and buying it for pennies on accident is unrealistic. If you have a specific car in mind, it is highly likely that you will have to thoroughly search for it high and low. Time should be on your side and there shouldn’t be a rush when searching for a perfect classic project car because you need something to work with and not just any old car.
We recommend looking around car sale sites, look at neighbouring countries and/or states as well as share your interest on social media. Once you have an option to look at, don’t hesitate and go check it out!
The interior and chassis take more work than the engine
Even though you might be concerned about getting the car to drive, it’s actually a lot more challenging to make it look nice from the outside as well as inside. Beginning with rust removal, chassis polish and refurbishment, ending with services like steering wheel restoration or ordering custom dashboards for cars that are classic.
If you’re trying to rebuild a classic car, prepare to look for proper parts not just in physical stores and junkyards, but also be ready to call private owners who are selling their cars for parts. In addition, you have to be knowledgeable or willing to spend time looking for items online because it’s very likely that at least some of the parts that you need are cheaper or more abundant abroad.
Patience is key
Prepare to spend at least 6 months on a serious project. Despite how much time you have on your hands, even if everything plays out to be perfect, there are still waiting times for delivery, unexpected setbacks and additional work that you haven’t accounted for beforehand.
You might need a lot of work to get it road legal
After you rebuild the engine, restore the chassis and do all kinds of restauration work, there still might be tons of requirements (insurance, lights, safety, exhaust, etc.) that you have to take care of before the project car is road legal. Be aware of that.
Sell and do everything all over again?
Classic car restauration is a common choice of business for families or friends. It’s a great way to earn extra income alongside your regular day job as well as being a hobby more so than a duty, thus making it one of the most loved professions in the world.
On average, the car, after 25 years of depreciation, begins to appreciate by around 7% every year. So, let’s say you buy a beat-up classic car for 10 thousand USD, restore it for another 10 thousand and after 5 years sell it for 50 thousand USD. Isn’t that a prospective opportunity for a relaxing business?