Should You Buy a Classic Car? - YouTube

Channel: Scotty Kilmer

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one, two, three, four!
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Rev up your engines!
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It's time for the Scotty Kilmer Channel
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Today I'm going to help you answer the questions, should I buy a
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classic car now lately a lot of my customers are thinking about getting
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classic cars because they say hey they're simpler they're easier to fix
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there's not a lot of computer crap on them and of course that's true on this
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Lincoln that's almost 50 years old the old carburetor went bad I was able to go
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and buy a brand new one the same day at a local auto parts store there's still
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parts available and there's only four bolts holding it on and that sure beats
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the heck out of working on a variable valve timing fuel-injected modern engine
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that can have thousands of dollars of parts instead of just a simple
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carburetor to make it run and here lies something that you should understand if
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you think about buying a classic car you want to buy one that there's parts that
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are readily available for like this Lincoln it's a Ford there's many common
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parts lot of them are still made and there's plenty of them lying around you
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don't want to buy a Ferrari or a Lamborghini where it's going to bankrupt
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you just buying the parts and let's face it
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modern cars we don't have any style they all pretty much look the same with
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plastic aerodynamic parts to get good gas mileage but really look there's no
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Chrome everything's just painted the same color as the car though things like
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chrome everywhere Landau roofs the old cars really have a
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style of their own and when it comes to classic cars you don't have to be a
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fanatic we're all the serial numbers match and you spend a small fortune
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making it exactly the same as it came out of the factory you can do classic
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cars economically if you want now sure they're not going to be worth what a
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pristine original showroom car is going to be worth but they can be a lot of fun
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and you don't have to throw out all that much money if you're careful now if you
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are looking at a classic car here's one thing to beware of don't buy one that's
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a Hulk of rust check for a lot of rust before you even think of
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buying that particular one now this Lincoln may be 50 years old but look
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when you crawl under and look around it's got one solid frame there's no
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rust on it at all now it's easy for me here because this is a Texas car so it
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doesn't have any rust so if you're really looking for classic cars you
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might take a trip to Texas or buy one that's from Texas that comes with
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pictures all around before you buy it to make sure it doesn't have problems now
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being from Texas this car still has a factory a/c on it still does work but
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don't expect to have working anything on most classic cars unless you're willing
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to spend a whole bunch of money just doing the whole air-conditioning system
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over or if you don't mind buy one without AC and put an add-on kit
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on now since classic cars are a lot simpler you can do a lot of the work
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yourself have fun get the enjoyment of doing that and still save a whole bunch
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of money when you really think about it because when you consider the price of a
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modern car versus an old classic that isn't a completely redone one it costs
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thirty forty thousand dollars for a decent modern car and then you can find
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classics all day long for a lot less than that and speaking of money if you
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buy brand new $40,000 car after five or six years it's worth maybe one third of
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what you paid for it but a classic car it might even go up in value over time a
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much better economic choice there so if you're thinking about buying something
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it has a little more class and certainly is a lot more fun you might think about
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buying a classic, and remember if you've got any car questions just visit the Scotty Kilmer Channel
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and I'll answer them as soon as I'm done driving this car.