NationMaster - Encyclopedia: Antique cars

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. Image File history File links Picture of non-black 1927 Model T at Greenfield Village, photo by rmhermen File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... Image File history File links Picture of non-black 1927 Model T at Greenfield Village, photo by rmhermen File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... Wikimedia Commons has more media related to: Ford Model T The Model T (colloquially known as the Tin Lizzie and the Flivver) was an automobile produced by Henry Fords Ford Motor Company from 1908 through 1928. ... 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. ... World War II was a truly global conflict with many facets: immense human suffering, fierce indoctrinations, and the use of new, extremely devastating weapons like the atom bomb. ...

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. A hobby is a spare-time recreational pursuit. ...

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. ... Resources Great Museums in the World (Louvre, Metropolitan Museum, MoMA, Picasso â€¦) CGFA: A Virtual Art Museum Art-Atlas. ... 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 60s and 70s and the definition of the AIDS virus in 1981. ... // Events and trends The 1990s are generally classified as having moved slightly away from the more conservative 1980s, but otherwise retaining the same mindset. ...

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) is an American comedian of Italian and Scottish extraction who is 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. The term fashion applies to a characteristic means of expression or presentation; fashions may follow trends, in which they gain or lose popularity. ...

In some instances, professional restorers can, through economy of scale and performing the work in-house, realise a profit from buying an unrestored car and performing a restoration. This is normally only possible when the car is in high demand and either very rare (e.g. old Ferraris) or quite common (e.g. classic Ford Mustangs). Amateur restorers who are highly skilled may find it cheaper to restore than buy in good condition, but this is through considering their labor enjoyment rather than a cost. The Ferrari Gestione Industriale badge on the front of a 330 GTC Ferrari is an Italian manufacturer of racing cars and high-performance sports cars formed by Enzo Ferrari in 1929. ... The Ford Mustang is a popular sports car. ...

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 involves 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 ( via dividends, rent etc). ...

Categories: Automobile history eras The 1890s were sometimes referred to as the Mauve Decade, because William Henry Perkins aniline dye allowed the widespread use of that color in fashion, and also as the Gay Nineties, under the then-current usage of the word gay which referred simply to merriment and frivolity, with no... // Events and Trends Technology Lawrence Hargrave makes the first stable wing design for a heavier-than-air aircraft Orville and Wilbur Wright make the first documented flight in a powered heavier-than-air aircraft Mass production of automobile Wide popularity of home phonograph Panama Canal is built by the United... // Events and trends Technology Gideon Sundback patents the first modern zipper Harry Brearley invents stainless steel Charles P. Strite invents first pop-up bread toaster Science Einsteins theory of general relativity Max von Laue discovers the diffraction of x-rays by crystals Alfred Wegener puts forward his theory of... Sometimes referred to as the Jazz Age or primarily in North America as the Roaring Twenties. // Events and trends Technology John T. Thompson invents Thompson submachine gun, also known as Tommy gun John Logie Baird invents the first working television system (1925) Charles Lindbergh becomes the first person to fly... // Events and trends The 1930s were spent struggling for a solution to the global depression. ... // Events and trends The 1940s were dominated by World War II, the most destructive armed conflict in history. ... // Events and trends The 1950s in Western society was marked with a sharp rise in the economy for the first time in almost 30 years and return to the 1920s-type consumer society built on credit and boom-times, as well as the height of the baby-boom from returning... The 1960s, or The Sixties, in its most obvious sense refers to the decade between 1960 and 1969, but the expression has taken on a wider meaning over the past twenty years. ... This article provides extensive lists of events and significant personalities of the 1970s. ... // Events and trends The 1980s marked an abrupt shift towards more conservative lifestyles after the momentous cultural revolutions which took place in the 60s and 70s and the definition of the AIDS virus in 1981. ... // Events and trends The 1990s are generally classified as having moved slightly away from the more conservative 1980s, but otherwise retaining the same mindset. ... Saddam Hussein shortly after his capture Major controversy over U.S. presidential election, 2000 September 11, 2001 terrorist attack on New Yorks World Trade Center and Virginias Pentagon killing almost 3000 people. ... Although self-powered vehicles were demonstrated as early as 1769, it was not until the turn of the 20th Century that the history of the automobile truly began. ... Although self-powered vehicles were demonstrated as early as 1769, it was not until the turn of the 20th Century that the history of the automobile truly began. ... Although self-powered vehicles were demonstrated as early as 1769, it was not until the turn of the 20th Century that the history of the automobile truly began. ... Although self-powered vehicles were demonstrated as early as 1769, it was not until the turn of the 20th Century that the history of the automobile truly began. ... Although self-powered vehicles were demonstrated as early as 1769, it was not until the turn of the 20th Century that the history of the automobile truly began. ... Although self-powered vehicles were demonstrated as early as 1769, it was not until the turn of the 20th Century that the history of the automobile truly began. ...

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Value

Considered as investments