In today’s digitally saturated world, it’s no surprise that the majority of business operations and transactions happen online. While car-buying may be no exception, there are some additional factors to think about before pulling the trigger. Especially for collector car purchases, it’s important to do your research beforehand. With that said, heed the following advice for buying online and secure your new investment with a comprehensive Augusta Collector Car Insurance policy.
Make a checklist.
First and foremost, make a checklist of all the things that need to be completed before the sale can be finalized. This includes who will test drive the car, where it will be stored, how it will be financed, insurance considerations, and how the car will be transported.
Investigate the seller.
Be sure the seller is legitimate. According to eBay, when buying a classic car through an online auction site, the site will likely have some type of feedback system in place, which is a way for buyers to let other buyers know who is good to deal with based on personal experience; most people selling through such a site have a user profile that allows other users to read comments and look at items sold in the past. Ensure they have positive reviews for related auto sales before purchasing.
Ask for plenty of photos.
A reputable seller will not try to hide damage to the vehicle. If there is a certain angle that is not included in the photos, ask for one. Magnify the photos to ensure it’s in premium condition before buying. Further, if the seller is hesitant about providing more information or photos, consider it a red flag. Don’t be afraid to ask all the questions you need answering before feeling comfortable enough to buy it.
Do your research.
Compare the vehicle information the seller provides to information from reputable sites. If the seller provides misinformation, it may be a sign of them not being knowledgeable about the car or it may indicate a misstep. Either way, be sure that the make, model, and condition reflect a fair price.
At Tri-State Insurance Agency, we offer custom tailored insurance policies that are crafted with you in mind. With over 60 years of experience, we have a deep understanding of the insurance industry and the necessary protections your classic car needs. To learn more, contact us today at (888) 990-0526.