Five Classic Cars of Incredible Worth

Far from being merely beautiful to look at, vintage cars are also frequently worth a great amount of money. Here is our list of five of the most valuable, complete with the amount of money required to purchase them. Remember that you could easily empty your wallet on cars like these! Always consider buying appropriate classic car insurance if you are in the market for a vintage car.

5. Alfa Romeo P3 Tipo B (1932)
The Alfa Romeo P3 Tipo B from 1932 comes fifth in our list of the most valuable classic cars. The P3 Tipo B has the distinction of being the first genuine single-seat Grand Prix racing car, having been built to race in Formula One in 1932. The car's last known value was US $5.6 million, or GBP £3.6 million.

4. Ferrari 330 TRI/LM (1962)
Reaching the top four in our list of the most valuable classic cars is the Ferrari 330 TRI/LM from 1962. It was preceded by the Ferrari 250 TRI61, but unlike that car, it was built for newly introduced racing rules that permitted only models with four cylinders to enter. The last known value of the 330 TRI/LM was US $6.5 million, or GBP £4.1 million.

3. Bugatti Royale (1931)
The Bugatti Royale is in the top three of the most valuable vintage cars. The car was made out of only the very best metals and woods of its era and it has been said that it was conceived as a pure luxury car. US $8.7 million, or GBP £5.6 million, was the price at which it was last valued.

2. Ferrari 250 GTO (1962)
Making the top two of the most valuable classic cars is the Ferrari 250 GTO from 1962. The 250 GTO was uniquely designed for both the racetrack and the road. GTO is the abbreviation for "Gran Turismo Omologato", which translates into English as "Grand Touring Homologated." The last known value of the car was US $16.6 million, or GBP £10.6 million.

1. Mercedes Benz W 196 (1954)
The classic car that tops our list of the most valuable is the Mercedes W 196 from 1954. The enhanced power takeoff, engine and valve system made this a revolutionary racing car. The W196 pulverised its opposition in the 1954 and 1955 Formula One seasons. The last known value of the car was US $24 million, or GBP £15.3 million.

How to Value a Classic Car

Most, if not all people would love to own a classic car. The Classic Car Club of America states that for a car to be considered a classic, it must be between 20 to 40 years old. Anything over 45 years is considered an antique. If you have been in the market for some time, but were not sure how to properly value one, please keep reading and just maybe you will find the following information useful.

If and when you first starting looking for an automobile of this kind you really have two options that are available to you. First, you can purchase a fully restored car. Second, you can get one that needs to have some work done to it to get it looking as nice as you would like it to.

Of course, unless you are good with your hands, or know of a shop that can fully repair a car of this kind, it will be much easier and less worrisome to buy one that looks like it just rolled off the showroom floor. In order to accomplish this while getting a good deal on the car, all you will need to do is a little research.

The first thing you should do is to find out what the car you are considering purchasing is presently selling for. You need to know the make, model, year, rather it has all original parts or not, and be able to accurately approximate its present condition. Next, you should check out the internet for the websites that specialize in providing the estimated value of the car you are considering obtaining. If the numbers work for you, then this is defiantly the easiest and safest way to drive away with the car of your dreams.

The next avenue you can attempt to pursue when you are looking for a classic car; is to buy one that needs a great deal of work done to it in order to have it look like it is showroom new. This really is not as difficult as it seems, even for somebody that knows nothing about cars.

Before you start this process though, it is recommended that you find a shop that specializes in rebuilding classic cars. Once that is done, you can start looking around for your new ride. The sales price to purchase one of these types of cars, is usually nothing compared to the work and cost required to get it fully restored.

After you find a few that you are interested in, please be sure to take detailed pictures and videos of the car so that the shop you will be using can review them thoroughly. If you do your job, and get great shots of the car, they should be able to provide you a very accurate estimate.

You are almost done now; simply add up the purchase price and the restoration estimate to get your total cost. Next, use the same types of websites we mentioned above to find out what a car like this is presently selling for. Once again, if your figures come out in your favor, you will soon be driving a new stunning classic car.

Considering a Classic Car for Your Wedding

You have always dreamt of your wedding day to be classy and elegant. Now that it's near, you have planned everything, except for one - the wedding car. You were always fascinated with classic cars even though you couldn't afford to purchase even the simplest type. Now that you are about to get hitched, perhaps it is time that you finally take a ride in your favorite classic car.

Many of these cars, especially the ones that were created after the war, are now considered to be collector's items. It was in 1945 when classic cars got the attention of most enthusiasts worldwide with the introduction of the classic sports car known as the MG TB. Another milestone was created with the entry of the classic Porsche in 1948, but it was the British Jaguar Mark V11 that really caught most people's attention worldwide.

These cars may be good investments, but unfortunately not many people can afford to buy one. This is why car rental companies came up with a good business idea of lending out these classic cars for special occasions such as weddings, birthdays and other events. The rates depend on the duration and the kind of affair where the car is going to be used. The rate will also vary depending on the type and model of car that you will choose to rent.

To gather more information about the rates as well as your choices, you must look for the companies that rent out these types of cars online. Through this, you can do your initial research so that you can calculate if you can afford one or if this no longer fits the overall budget that is allotted for your wedding.

Aside from the internet, you can also ask your wedding coordinators about the matter. They would know the options that you can look into based on your location and they can also advise you of your other alternatives that may fit into your budget.

While having a stretch limo for your wedding is cliche, having a classic car that very few people ever have at their wedding, is something you and all your guest will remember forever

Australian Classic Car

If you are looking to have an Australian Classic Car, this information will share some fine automotive examples that may peak your interest. Let's start with the FJ Holden.

The FJ Holden was introduced back in 1953 also it had become the most popular motorcar in all Australia, helping secure Holden's position because the greatest automaker in the united states. It had been actually an new version from the previous FX and it ended up being the vehicle of choice within the 50s. In addition, for many Aussies, the FJ Holden was in fact the first car. Afterwards, the car was went by the mother and father for their children who needed a vehicle to understand how to drive, which means that it had a lengthy life. It featured a horizontal chrome grille that had twin port "nostrils", along with torpedo-style lights. Regardless of the rather rough road conditions in Australia, the FJ Holden would be a very reliable vehicle.

Trying another great Aussie car, we discover the legendary Holden Morano, considered to be the very first muscle car which was designed and built entirely in Australia. The very first generation from the vehicle was available with a generous selection of 19 power units and transmission combinations. It not just looked very good, but featured the company's trademark of durability and toughness. There have been many variations of the model, such as the HQ Monaro, HZ GTS and the HX Monaro.

Another fine illustration of a great Australian Classic Car may be the Holden Torana, that was introduced in 1967. The very first generation from the model was in fact a re-badged Vauxhall Viva, aside from the 4-door hatchback (launched one year later), which had an all-Australian design. In late 1969 Holden launched the LC Torana, combined with the Torana LJ, which was the last model based on the aforementioned Vauxhall Viva. In 1974, Holden launched a completely new LH Torana, that was provided with a range of V4, V6 and V8 engines.

Trying something which doesn't wear the Holden badge, we find the Chrysler Valiant Charger, launched in 1971. It had been available in four different versions, as follows: standard, XL, 770 and the all-mighty R/T model. Nowadays, these cars are extremely valued by collectors, particularly the E49 model, of which Chrysler built only 149 units.

Last and surely most famously, the Ford Falcon XR. Launched in September, 1960, it had been a very popular car of the decade. Even though the first ones had handling issues while on the difficult road conditions of the nation, Ford Australia improved the sturdiness of the model by the center of the 60s, the vehicle were built with a significant presence in a car market of that area. In 1966, Ford launched an all-new XR model that for that first-time were built with a V8 engine (for the XR model).

As you can tell, there are numerous great classic cars around Australia, which are only five examples of some excellent vehicles. Feel free to add other fine types of Aussie-made classic cars.