Wednesday, December 7, 2011

Hooked on Vintage Vehicles

A passion for collecting vintage cars can be as frustrating as it is rewarding. What with finding the right make and model in perfect condition at a decent price and negotiating the sale can be time consuming as well as flat out tedious. If nothing else, it certainly requires a degree of dedication to frequent vintage car auctions with high hopes of coming away with the car of your dreams. True, a lot of work but once accomplished, the car is yours. You can put it in the driveway on sunny Saturday afternoons so the neighbors can watch you wash, polish and hand wax. You can cruise through town and quietly hear the oohs and ahhs of onlookers and you can be content knowing that you have a one-of-a-kind masterpiece of a time gone by.

Investment in Vintage Cars
Vintage cars are considered to be models built between the beginning of 1919 and the end of World War I, roughly 1925-1930. Investors in vintage cars look for the rare and exotic cars that have not been modified or upgraded in any way and as experts, they focus on period cars that are high value rather than choosing according to sentiment or personal tastes. Vintage cars purchased for investment purposes require the same high maintenance as those bought for pleasure and the value must be protected through specialty insurance policies and storage facilities to maintain their book value.

Vintage Car Events for Charity
The Royal Malaysia Vintage and Classic Car Club goes one step further as it pairs a passion of vintage cars with events to support charity.  Club members recently put on view about 20 classics including a Jaguar MK 2, a Mercedes-Benz 300 SL and an Austin A40 to raise funds for the disabled. Besides receiving donations, the disabled also had the pleasure of joining the Annual Charity Wheel-a Thon as privileged passengers while the vintage cars made their way through town. Indeed, a fun and worthwhile event.