For a classic car lover, bringing a car back to life is an incredibly rewarding experience. When the process is over, you could have a fully restored piece of history ready to drive, or it could provide a profit if you sell the car. But don’t get too caught up in the finish line. It’s important to understand that restoring a classic car is a labor of love, requiring time, patience, skill and the right equipment. There are specific things to consider when starting a classic car restoration project. Not sure where to start? Here’s our advice.
Time and Money
Having plenty of time on your hands is a must! Make sure you can concentrate fully on the project, without it interfering with your family or work life.
You must consider the price of buying the car and all of the tools and materials needed. Each project is unique and will require different things, but prepare to fork up some money. Give yourself a budget and find a car which suits it (regarding the upfront cost and how much estimated to spend on it).
Finding the Perfect Car
Finding the right car to work on can be difficult. Choosing a car that can be restored to a high standard while keeping costs down is a balancing act, so shop around and get advice from fellow enthusiasts.
Begin your search with classified ads. Many sites can provide listings for bargain classic cars, but make sure you view the car before agreeing to buy. There are also sites dedicated to selling quality classic cars in need of renovation, featuring hundreds of old cars from every major manufacturer. Do plenty of research online ahead of any major buying decision.
Only buy a complete car that’s solid and free from major damage and rust. While it’s possible to replace parts and fix problems, the cost could spiral.
Tools and Equipment
These are some of the tools you’re likely to need over the course of the project:
- Sockets and a wrench
- Sheet metal scissors
- A drill and drill bits
- Wire brushes
- Floor jack
- Electrical tools
Any electrical components and wiring within the car must be checked to make sure they still work. Always cover and secure your car when it’s left standing in the garage or workshop.
Other tools you may need access to include:
- Engine crane and engine stand
- Jack stands
Body and Paintwork Repair
Classic cars have a tendency to develop faded paintwork as well as damage in the form of rust spots or dings. There’s no shortcut when it comes to restoring paintwork and body panels. Know when to hire help. Experts can do some of the more complicated repairs, like engine work or paint jobs, themselves. Find a trustworthy mechanic who is familiar with restoration projects and recommended within the community. Provide them with a budget that you’re shooting for, so they can give you better overall recommendations.
Throughout the process, make sure that you have secured your investment with New Jersey Classic Car Insurance. Restoring a classic car can be a rewarding yet long and difficult process, and with the right collector car insurance program, you can ensure that you’ll be covered every step of the way, no matter the setbacks that you face.
About SB One Insurance Agency
At SB One Insurance Agency, we have served the businesses and residents of New Jersey, New York and Pennsylvania for more than 60 years. We are a wholly owned subsidiary of SB One Bank, the region’s premier banking institution, and we are prepared to offer you personal, business, employee benefit, and risk management solutions. To learn more about our coverage options, contact our specialists today at (888) 990-0526.