A guide to buying a classic car for the uninitiated

A lady in an old car
Phyllis's new car was thirsty, but it was certainly more exciting than her last Astra
"Cars are hideously complicated things, with a near-infinite number of parts that can break or explode. But that’s equally true of new cars than old, so why not roll the dice?"
  • | by Daniel Bevis

It’s a bleak time of year, this. Cold, damp, grey, ages till payday, the merriment of the festive season merely a dwindling ember in our memories… gloomy, isn’t it?

Come on now, grumpy – enough of that wallowing. Let’s find a way to cheer you up a bit. How about buying that classic car you’ve always dreamed of…?

Obviously we would never suggest that spending money you don’t have is a realistic way to make your life better. But if you are one of the countless cheery fantasists that’s always dreamed of owning a cool old car but have never got round to it (and, most importantly, it wouldn’t financially cripple you to do so), then now is the time to grab that dream by the, er, horns.

Classic cars are often a bit cheaper in the winter – particularly the ones that don’t have roofs – so you’ll be ahead of the curve. But how easy actually is it? How can you make sure that you don’t buy a horrible money pit that will ruin your family and fill you with regret?

Well, you can’t. Cars are hideously complicated things, with a near-infinite number of parts that can break or explode. But that’s equally true of new cars than old, so why not roll the dice? If you buy a good ‘un, it may well be a one-way ticket to Smilesville. Here are some things to consider:

Talk to people, find stuff out

You’d be mad to buy a Consul Capri or a Maxi simply because you liked the shape or your mum had one when you were a kid, only to go and buy one blind because ‘it’s what I’ve always wanted’.

Do some research. Find out how much good examples sell for, what their notable weak spots are, what parts availability is like, how easy they are to fix. You can probably find a buying guide online. Join a forum and ask a few questions of people who already own them.

This research – which only costs your time, remember – will probably save you a whole heap of cash. Go to car shows, talk to owners, get real-world info.

Buy the best car you can

This may sound obvious, but it’s your most important consideration.You almost certainly won’t find a bargain; if you’ve stumbled across a shiny, solid-looking MGB GT for £200, its chassis will be made of Swiss cheese.

‘Too-good-to-be-true’ is a self-fulfilling prophecy. You need to be sensible with your budgeting, basically: if good examples of the car you’re after (and I’m going to pluck some figures from the air here) are going for, say, £3000, then you can take that as your main outlay and factor in £500 for insurance and £500-1000 for maintenance, repairs etc.

These are all arbitrary figures of course, but the key point is that the cost of the car isn’t the whole cost; furthermore, if you find an example of that same car for £1000, that doesn’t automatically mean you can shuffle the two grand you’ve saved into the maintenance fund and hope it’ll balance out – there’s a reason it’s only a grand. Which will become apparent when the bills start rolling in.

Don’t cut corners, save the heartache and buy the best you can afford.

Don’t be afraid of high mileage

Cars are built to be driven. While it may be an impressive boast in the pub to say ‘my car’s only done 8,000 miles since 1976’, it actually just smacks of wastefulness. These are machines, designed to be used. Help them fulfil their purpose, drive them!

On a less metaphysical level, using a car regularly keeps it working properly – if you go to view a car that’s been ‘dry-stored for the last ten years’ or similar, that probably means that the brakes have seized, the tyres have flat-spots and the engine needs a thorough refresh. Don’t be afraid of pampered cars (indeed, embrace them), but be wary of ones that don’t get used.

Have a good think about where to buy it from

Buying privately can be a good  option. The seller will often have a story to tell, a fondness for the car, a keenness for it to go to a  good home. A dealer, more often than not, just wants to make some money from you.

While buying a newer car from a dealer may offer you the safety-net of a warranty, this won’t be the case with a classic, because there are just too many variables, too many things to go wrong.

Without being callous, you can also tug the heartstrings of a private vendor a little bit in order to get the price down. They’ll want to sell to the right home. Make sure you are that right home, and it may pay off.

Poke around both the car and the paperwork

Get the thing on a ramp and go on a gremlin-hunt. (If you’re not mechanically-minded, your friendly local independent garage can undoubtedly be persuaded to assist.)

You’re looking for rust, accident damage, leaks, evidence of welding and/or repairs, and also the general condition of things – how old do those brake discs and shock absorbers look? Are those exhaust hangers perished? Do those tyres match? Signs that the owner hasn’t scrimped on these things suggest good overall care and love.

The paperwork will tell you a lot about the history of the car too: not just how frequently it’s been serviced, but where the work was done, what was needed, what will need doing soon.

Again, don’t be afraid of high mileage or large numbers of previous owners – these are old cars, that’s what happens. But do be suspicious of cars with no history. And ask the seller why he’s getting rid. Look him in the eyes. Do the Derren Brown thing, climb into his mind.

All of this sounds a little scary, but don’t worry – it’s just common sense really. Buying the right car will make your heart smile, you just need to be smart. Research, budgeting, thorough checking – they’re the big three. So, what’s a good classic car to buy right now? Well, there’s a whole world of ‘em out there… but here are some ideas to get you started.



A sensible, practical, reliable family car with a little more character than a modern Eurobox? That’ll be the E28 5-series. Check out this 525e  – the ‘e’ stands for ‘economy’. There may not be a downside here. (Unless something expensive breaks, of course.)

Citroen 2CV

Red Citroen 2CV

The very definition of ruggedness. As simple as you like, and the number of daily-driven ones I see in London suggests a certain practicality too. Remember what I said about cars that haven’t been used much though!

Morris Marina Coupe

Morris Marina

The rakish, racy version of the staid saloon. Snap one up before Top Gear destroy them all! How about this vision in beige…? (Low mileage and from a dealer – totally ignoring all of the previous advice. This is a minefield, isn’t it?!)

Ford Fiesta XR2

Ford Fiesta XR2

Cheap to run, easy to fix, plentiful parts, strong enthusiast support, fun to drive – what could possibly go wrong? (Loads could, obviously, we discussed that. But hopefully it wouldn’t.) This one looks interesting at £3,500. Get that corrosion checked out first, though!

Volkswagen Scirocco

VW Scirocco

The Golf’s cooler brother. Supposed to be very solid. How about  this one, that’s been treated to a full restoration and a whacking great supercharger? It could go one of two ways… joy or penury. Feel like rolling those dice? Make sure you declare that supercharger to your car insurance provider, mind.

DeLorean DMC-12

A DeLorean

Feeling flush? Saved up £23k and unsure what to spend it on? There’s nothing cooler than a DeLorean, and that’s a solid gold fact. If you can put up with the ‘where’s the flux capacitor?’ gags, this will put a grin on your face every day.

Classic car ownership is something that will enrich your life, make your friends envious, speak volumes about your good taste, and provide you with countless happy memories. Follow the above advice and, with any luck, you won’t land yourself with a horrendous rusty money pit. Just remember those golden rules: Research, budgeting, thorough checking.

And don’t forget that Gocompare.com can help you compareclassic car insurancefrom regular and specialist brokers and insurers – this dream could be less pricey than you think!