Myth 1: Classic cars are expensive.
The honest response here is that they do not need to be expensive - and classic car ownership is all about how much you can afford to spend.
No-one can expect to pick up a classic Aston Martin for small change, but at the same time some great examples of much less rare cars can be picked up, literally, for just hundreds of pounds. In the same vein, a decrepit old wreck of a Ford Anglia will be much cheaper than a fully-restored, roadworthy version.
As a general rule of thumb though, classic saloon cars (ie family motors) are priced much more competitively than sports versions. Classic Triumph ownership is a great example - a neat and tidy Herald saloon could be bought for well under £1,000 but its sports equivalent, the Spitfire, could easily be double the price.
To be honest, it’s much like buying a new modern car - where top quality sports models cost much less than affordable family cars. But with classic cars you get much more fun and definitely more admiring glances. New Daewoo car or old MGB? Hmmm, let me see now…
Myth 3: The insurance premiums are high.
There is no reason to believe that classic car insurance is any more expensive than normal car insurance, although you do have a better chance of getting competitive quotes if you use a specialist classic car insurer like Sureterm Direct.
Rather than add your classic to existing insurance policies, or sell something that doesn’t quite suit your vehicle, specialists understand all about classic car ownership and are able to tailor unique insurance packages to match your vehicle and needs exactly.
The very best thing to do is make sure you speak to a classic car insurance specialist operator, rather than relying purely on online application forms. This way, you can cover every single aspect of what you need your policy to cover.
And if you are a member of a classic car club, companies like Sureterm Direct offer you extra discount in your classic car insurance premium.
Volvo’s ‘king of safety’ reputation started in the 1950’s and it took a while for other manufacturers to catch up, but a good quality classic is still a safe motor so long as it’s in good condition. Generally speaking, older cars are made more substantially (ie heavier and stronger) than more modern vehicles. And while they don’t fold and absorb crash impact energy like modern cars, the bodywork is certainly a lot tougher.
The sensible classic car owner has, in the forefront of their mind, the fact that while the car may be tougher - the stress and strain on the driver/passenger in a heavy shunt is a lot more uncomfortable than with a car of today. So, to compensate, they drive much more safely - leaving appropriate stopping distances, appreciating weather conditions, and respecting speed limits and road signs.
