Classic Car Enthusiast

A closer look at classic car collecting and ownership.

Classic Car Collectors, Hidden Gems at Classic Car Auctions

If you are interested in purchasing a classic car in the near future,  you may want to follow the lead of longtime classic car enthusuiasts and collectors like successful entrepreneur and businessman, John Rosatti. Like many avid car collectors, you should seriously consider attending a classic car auction in your search for the classic of your dreams. In order to get a great deal and find a variety of classic car models to choose from, many collectors attend numerous classic car auctions which are held throughout the world. Classic car auctions are a great place to go when you are looking for a vintage car.

Even if you are not ready to buy a classic car just yet, it is still a great way to get some ideas on the pricing of your dream classic. Attending an auction will help you as you decide which classic car you want and the potential cost of the variety of cars.

Suggested Reading: Attending Classic Car Auctions Before You are Ready to Buy

You can choose what type of auction you want to attend usually by checking out
the online search results for auctions in your area. Typically the auction host will offer an online catalog that is available for viewing; this will give you a good
idea of the types of vehicles that will be auctioned off at at each particular venue so that you will know ahead of time which auction shows you should attend. Typically, most auction sites will allow you to view the cars that are going to be available at the upcoming auction for a limited amount of time, free of charge.

If you have never attended an auction in the past, it is important to understand some key concepts regarding the buying and selling process. Auction companies will typically charge a 10% buyers premium. This will help to ensure that the car is in the condition that the seller says it is. It is important to keep this information in mind when it comes to determining what your maximum bidding price will be. Many people who have purchased classic cars from auctions, like collector John Rosatti, have noted that this extra cost is worth the price in knowing that you are getting a good car. By not paying this additional fee, you may end up getting a car that isn't in the same condition as it had been advertised. 

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