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How Do You Buy A Classic Car To Restore And Sell?

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How Do You Buy A Classic Car To Restore And Sell?

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If you are in the market to buy and restore a classic car for a profit, consider doing most, if not all, of the restoration yourself. When you send the car out to have work done, you may not have any profit left at all, so being mechanically inclined and detail oriented could enhance your return on investment. Do your research by going to car shows, browsing the Internet, joining classic car club forums on line and looking through auto trader magazines for listings of classics for sale. The Collector Car Price Guide can help you to determine retail values depending on condition of the car. Get a feel for the market values of various cars, and then narrow your search to specific makes, models and years. Concentrate on cars that carry a large resale value once restored. Determine if you want to perform only minor repairs and sprucing or if you want to invest time in a “heap,” which initially will cost you much less. You could opt for something in between. If you want to turn the car over

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