If you are planning on selling your classic car, explains John Rosatti, you may run into some issues when it comes to coming up with a price to ask of your potential buyers. If you had restored the car yourself then you may feel the need to ask a higher price for the car. Asking for a higher price makes sense considering you put a lot of hours of hard labor into restoring it. You will also want to consider the price of parts that you had to buy in order to get the car running again. All of these additional costs may add up to a price that is unreasonable, so if you truly want to sell your classic car then you will need to take some time and carefully evaluate your options when it comes to a price.
It is important that you go by what the fair market value of the car is at the present time rather than what you think the car may be worth. Just because another car similar to your own was able to sell for a high price in your local area, notes John Rosatti, doesn’t mean that you will have the same luck. If you are really wanting to sell your car then you will need to price it at what today’s market has it listed for. You can browse through publications such as the Hemmings, NADA’s Classic Collectible, and Special Interest Car Appraisal Guide or The Old Car Buyer’s Guide in order to get an idea of what the best starting price would be for those interested in buying a nostalgic classic car. If you want to check out the most expensive classic cars, check out Grand Life