Becker has some important tips for those thinking about buying a classic car to restore.
- Make sure you are in love with the car before committing to it. Do not buy the first car you like in fear of not being able to find that model again. Buy the car that best fits your budget.
- Join the car club affiliated with the make or model you want to buy. If you want a Mustang, join the Mustang club. They will know where the cars are and they know the parts suppliers.
- Decide how much money you are willing to put into the car. If there is an emotional connection, say it was your Dad’s car, or you had your first date in that car, then how much you spend might not be a problem. If you plan on this car being an investment, then you need to be careful because it’s easy to spend a lot of money during a restoration of a car.
- Do not expect just because you spent a lot of money restoring the car that you will end up making more money when you sell the car. As Becker says, “Some cars are $10,000 cars no matter what you do to them.”