An antique car is generally defined as a car over 25 years of age, this being the definition used by the Antique Automobile Club of America and many other organisations worldwide. A small variety of cars, the most popular kind of automobile. ... See also Classic Car Club of America List of automobile manufacturers External links http://www. ...

The term classic car is often used synonymously with antique car, but the formal definition of that term has it as applying only to certain specific high-quality vehicles from the pre-World War II era. a classic car a classic car a classic car a classic car a classic car a classic car a classic car Classic car is a term frequently used to describe an older car, but what exactly is meant by that varies from person to person and organisation to organisation. ... Mushroom cloud from the nuclear explosion over Nagasaki rising 18 km into the air. ...

25 years is about double the design life of modern cars and an even greater increment on those cars now 25 years old; therefore, a car that's reached 25 is a rare survivor, and probably not economic to maintain as regular transportation. Design as a process can take many forms depending on the object being designed and the individual or individuals participating. ...

Owning, restoring and collecting antique cars is a popular hobby worldwide. This article is about pastimes. ...

Considered as investments

Some consider such collecting to be a form of investment. Buying a particular antique car is then done primarily in view of profit in a future sale and not of enjoying a drive or taking pleasure in restoration work. As with art collecting, antique car collecting is another form of gambling. The market for antique cars fluctuates wildly over the years. There have been periods, like the 1980s, which have seen strong and continued increase in price, but other periods (e.g. the early 1990s) which saw precipitous declines. Investment is a term with several closely-related meanings in finance and economics. ... Although today the word art usually refers to the visual arts, the concept of what art is has continuously changed over centuries. ... Gambling (or betting) is any behavior involving risking money or valuables (making a wager or placing a stake) on the outcome of a game, contest, or other event in which the outcome of that activity depends partially or totally upon chance or upon ones ability to do something. ... Events and trends The 1980s marked an abrupt shift towards more conservative lifestyles after the momentous cultural revolutions which took place in the 1960s and 1970s and the definition of the AIDS virus in 1981. ... Events and trends Technology Explosive growth of the Internet; decrease in the cost of computers and other technology Reduction in size and cost of mobile phones leads to a massive surge in their popularity Year 2000 problem (commonly known as Y2K) Microsoft Windows operating system becomes virtually ubiquitous on IBM...

Experts in antique cars such as Jay Leno give the same advice as serious art dealers and professionals in the antiques trade: Collect what you can enjoy above all because the future monetary value of any craft or art object is completely unpredictable. Jay Leno James Douglas Muir Leno (born April 28, 1950 in New Rochelle, New York) is an American comedian best known as the host of the popular NBC television program The Tonight Show. ... Dealer has a number of meanings: A person who sells on behalf of a company or organization, or who sells in bulk from a large common store. ...

Value

As with all collectible antiques, current value is everything to do with current supply vs. demand, and very little else; certainly little to do with the car's price when new or any objective standard. Thus, rare cars that are highly desired are highly expensive, while vehicles that are not fashionable to collect can be very cheap. Condition, of course, influences value. At the present time, the variation in purchase price between a poor condition and good condition vehicle is generally much less than the cost of restoring a poor condition car; thus it is cheaper in the long run to buy the better vehicle. A fashion consists of a current (constantly changing) trend, favoured for frivolous rather than practical, logical, or intellectual reasons. ...

Realising much long-term profit in owning an antique car is mostly about attempting to anticipate future changes in taste, which is highly speculative. Most cars go through a period of being considered merely old and undesirable before becoming valuable, and a car bought then might drastically increase in value. However, a car is a large object that is expensive to store and must be maintained, which cuts into such profits. Speculation is the buying, holding, and selling of stocks, commodities, futures, currencies, collectibles, real estate, or any valuable thing to profit from fluctuations in its price as opposed to buying it for use or for income - dividends, rent etc. ...

See also

• Vintage car