We know that owning a classic car is a love affair. The countless hours of TLC that you put in, so you can enjoy those summer months of care-free cruising.
While owning a classic car is usually a good investment, there are some financial costs to consider before making that leap. Newcomers to the collector car scene or those who just acquired their first classic car often ponder, what is the true cost of owning a vintage vehicle?
Just as any other vehicle, there will be the required maintenance, which brings an ongoing cost for the duration that you’ll own the car. After all, classic cars don’t come with a 100km, 5-year bumper to bumper warranty. So, anything that needs to be done, adjusted, or repaired will come out of pocket.
Here’s a quick list of some of the costs to keep in mind when owning (and operating) a classic car.