5 Classic Cars That Are Totally Worth the Investment

Buying an old car can be the most fun investment you can make.

For starters, a classic car is toy for adults. It was made for an era that’s now outdated and was designed for much different motoring conditions.

dreamstime s 66788212Most importantly it could empty your bank account FAST if you’re not wise.

But these risks haven’t stopped so many investors from scooping them up. It doesn’t make sense… or does it?

These reasons seem like enough to keep anyone in their right mind away but now is the perfect time to consider investing in classic cars.

A Growing Trend

Classic cars are gaining a great deal of attention. Their returns over the past decade are outpacing wine and art by more than 100%. That’s an unusually great return on a once thought ‘hobby’.

Many car collectors don’t always see old classic cars as investments, they see it as more of a passion. They would tell you about the excitement of owning and driving their ride. They would also share with you that it’s a major financial commitment to purchase and own one.

Purchasing a rare classic isn’t cheap. Restoring one isn’t cheap either. But if you play your cards right, you might strike gold! And that’s what some people are doing right this minute.

Whoever said all old cars have value has no clue what they are talking about. There are a lot of old cars out there that are worth the weight of metal. That’s it.

More and more investors (some actually don’t care about cars at all!) are flocking to auctions and garages to find themselves a classic worth investing it.

Keep in mind just because it’s old doesn’t make it a collectible. And if it has value today doesn’t mean it will have value 10 years from now.

If your goal is to go out an starting buying and selling old cars, don’t be so fast to do so. Not every car is a winner so don’t be shocked if you lose BIG.

5 Classic Cars That are Worth the Investment

A few of these cool old cars listed below are pretty obvious. They are the type of vehicle that make collectors drool. They are known for simple design and raw power.

Values of classic cars are like that of any other collectible. The value changes constantly so it’s important to realize that what might seem like a good investment today could end up being a huge mistake tomorrow.

The same strategies need to be understood about investing in a car as you would the stock market. It’s unpredictable and predictable at the same time.

As this was being written here are 5 classic cars that are worth the investment:

1) 1970 – 1972 Dodge Challenger

This muscle car is hotter than it’s ever been thanks to it’s most recent updated model. It’s slick looks and high-performance power brings this contender to the top of the list.

Very few of these cars were made and even fewer have survived the test of time. Any Challenger is worth a substantial amount of money.

And the price of $50,000 or less for this classic, this isn’t that bad of a choice for an investment.

2) 1970 Plymouth Superbird

Despite its strange looks, this car is STILL sought-after today.

This car was designed to conquer NASCAR with a design so strange that it was never expected to be sold in large numbers. Only 2,000 of these were sold.

This beast of a car came from the factory with a giant wing on the back and an unusually long wheelbase. What makes this car so ridiculous is also what makes it so unique.

Its interesting design and limited production make this car the perfect collectible.

Hagerty shows the value of this car going up even more soon.

3) 1966 – 1977 Ford Bronco

These rugged SUVs are becoming more popular amount younger enthusiasts.

Values have been on the rise for a few years now and don’t seem to be slowing down anytime soon.

Priced under $20,000 it’s an easy decision to make if you like the classic boxy stature of this workhorse.

4) Ferrari 308 GTB

This is the car that the show Magnum, P.I. used in the 1980s. It gained fame from being the nimble, high-revving engine with an intimidating sound.

Unfortunately, a cheap Ferrari doesn’t exist but it’s not out of the question for many.

You can expect to find this car selling anywhere from $50,000 to $300,000.

So if you want to own a Ferrari, now might be a good time to snag this one before its value jumps again.

5) 1951 – 1963 Volkswagen Samba

This version of the classic Microbus can be valuable.

Some have been selling at auction for more than $100,000.

It’s still possible to snag the 23-window versions for around $15,000 but it will need a major overhaul.

If you have the skills and the time, it could be a very smart investment if done right.

The Time to Invest is Now

Classic car prices have skyrocketed in the past decade or so. Many popular models have doubled in value in such a short period of time. But before you throw down some money on any classic, you need to know what you’re doing and what you’re buying before you commit.

The whole point of an investment is to get a return on your money down the road. Just because there is a big parking lot full of fully restored classics doesn’t mean that any of them are worth investing in.

The idea is to look for classic and vintage cars that have potential and are considered to be trending.

Nearly all classic cars will need some work done on it for it to get a bigger return on your investment. It’s also a good idea to learn a thing or two about auto repairs.

If you’re looking to invest in a particular classic, you need to visit us today! We’ve got dozens of manuals and resources to help with your project.

Should You Sell Your Junk Cars for Cash? (Hint: Yes!)

junk cars It may be hard to believe, but that out-of-service automobile taking up space in your garage could be worth a pretty penny to the right buyer. Junk cars can sell quickly and easily—and bring you some extra cash in the process.

Keep reading to find out why you should sell your junker and get some tips on how to do it.

There’s Value Hidden in Junk Cars

Selling your junk car is not as complicated a process as it might seem. There are plenty of buyers out there in the market. If you find the right one, you can turn your rusting lawn ornament into a tidy profit.

Even if your clunker doesn’t even run, the car parts are still worth a lot to the right buyer.

Certain car parts—like the transmission or drivetrain—can bring in a high price if they’re in good condition. An undamaged fender for a rare make and model can sell for a lot to collectors and hobbyists.

If you know you have a valuable, undamaged part, do some searching to see how much these are selling for in your local market. You may opt to sell these items to a private buyer yourself before you scrap the rest of your junker.

Don’t Underestimate the Value of Scrap Metal

Even if everything in your car is thoroughly broken, you can still make money on the sale. That’s because the metals your car is made of have high value to scrap sellers.

Platinum, iron, steel, aluminum, and copper can all be stripped from your car and sold. Scrap metal prices are constantly fluctuating, but your junker’s shredded steel scrap alone can sell for $310 per pound.

How to Sell Your Junker

If you plan on finding private buyers for specific parts, make sure you understand how to remove each part without damaging it first. Then get busy posting to eBay, Craigslist, and any other local message boards. Consider limiting your search to local buyers so you don’t have to deal with shipping costs.

Then, it’s time to find a buyer for your scraps.

Perform a local search for local junk sellers in your area. For example, searching for “selling junk cars Los Angeles” would find you a bevy of merchants to choose from in the L.A. area.

Contact a few with good reviews and ask them how much they’re offering for a junker like yours. Keep shopping until you find the highest dollar offer for your car.

Next, you’ll have to set up the transfer. Many car junkers will send a tow truck to your location; just be sure to ask if that service is included in their price quote.

Before your tow arrives, you’ll need to transfer your title over to your buyer. The process—and cost—of this process can vary from state to state, so consult your local DMV for help. Be prepared to have your transferred title in hand when your tow arrives.

Make sure you remove your license plates and cancel any car insurance coverage on your junker, too. Then wave goodbye to your junker and enjoy your heavier wallet.

Learn How to Fix Your Car Before It Becomes a Junker

At YouFixCars.com, we teach you how to maintain your car before it becomes a pile of scrap. Visit our site to find the repair manual for your car or check out our blog for everyday tips and tricks on DIY auto repair.

3 Signs of Fuel Pump Problems

Fuel pump problems can occur on any year, make and model automobile. With that said, there’s no question that the older the vehicle becomes the greater the chances of experiencing an issue with this very important part. Here we’ll cover the three signs of fuel pump problems heading your way. We’ll also discuss the number one issue that can send this component to an early grave and how we humans bear responsibility for it.

Fuel Pump Operation and Location

Old Style Mechanical Fuel Pump

Old Style Mechanical Fuel Pump

Before fuel injection came along our automobiles enjoyed a very reliable mechanical fuel pump. On these old automobiles the camshaft pushed down on a spring-loaded lever. This simple mechanical action operated a diaphragm that pulled fuel from the tank in the same way that an old-fashioned cast iron water well pump worked.

The reason they did away with these reliable systems stems from the invention of fuel injection. The old mechanical pump only produced 4 to 6 psi of fuel pressure. Modern-day fuel injection systems need 50 to 60 psi of fuel pressure to fire the engine. The easiest way to accomplish this at a reasonable price became the electrical fuel pump.

Although some vehicles will locate this device in the fuel line most of them get installed inside the fuel tank. In the interest of providing complete information some automotive manufacturers use both an in tank unit and an electric motor in the line to assure that fuel pressure stays within the necessary range. This also enhances reliability if one should fail. Now onto the 3 signs of fuel pump failure.

Noisy Operation Means Fuel Pump Problems

Automotive Fuel Pump

Automotive Fuel Pump

Noisy operation remains one of the primary warning signs that fuel pump problems are heading your way. Car makers spend a lot of time insulating the passenger compartment from the noise that electric fuel pumps make naturally. These devices include a sound deadening on German cars from Mercedes-Benz.

Some manufacturers put a dense foam jacket around the pump motor itself to kill the sound at the source. In the two cited examples it’s important that these sound deadening devices get transferred over to the replacement fuel pump. Nevertheless, if you’re able to hear the fuel pump operation inside the car while you’re behind the wheel this could be cause for concern.

An electronic fuel pump has bearings, gears and an impeller capable of generating noise. Often when these parts begin to fail inside the pump noise generated sounds like an unsteady one. An unsteady whine is caused by a fluctuation in the RPM of the motor, because of variable resistance. When mechanics want to hear the fuel pump running, they remove the fuel cap and stick their ear right inside the filler tube. This is how quiet a properly operating fuel pump should be.

Fuel Pressure Problems from Worn-out Fuel Pumps

Fuel Pump Replacement Kit

Fuel Pump Replacement Kit

In many scenarios, before the fuel pump gives up completely, the pressure it produces starts to drop off. The common symptoms range from intermittent hard starting or long cranking times and lack of power. When these symptoms coincide with noisy pump operation, as mentioned in the previous paragraph, the fuel pump becomes a likely suspect.

The first thing to do in this situation is to take a fuel pressure test. Some auto manufacturers make this extremely easy as with the Chevrolet Silverado 1500 series pickup truck. GM provides a Shrader valve operated pressure tap that’s easy to get at. In fact, it’s right on the fuel rail before the injectors.

As a final note on the subject of fuel pressure, mechanics and car owners shouldn’t rush out and buy a replacement fuel pump if the pressure readings seem a little low. Other diagnostic steps remain necessary before replacing the pump. Clogged fuel filters can also produce symptoms easily mistaken for fuel pump problems.

Engine Cranks but Doesn’t Start

YouFixCars.com auto repair manualsThis brings us to the third sign of fuel pump problems. Sometimes when a mechanic first sees a fuel pump problem, is when the vehicle arrives on a tow truck at the auto repair facility.

If drivers ignore the previous mentioned symptoms, the pump eventually fails to produce any pressure at all. The symptom of this scenario is usually the same regardless of year, make and model. The engine cranks around normally, but doesn’t fire up and run.

Although many different things can cause a no start condition, mechanics can quickly take a fuel pressure test to determine if the pump is producing enough pressure to start the engine. Fuel pressure readings vary between manufacturers, but you can always obtain these specifications in a high quality PDF auto repair manual.

Human Error Can Destroy a Fuel Pump

Car fuel pump

Car fuel pump

Automotive manufacturers like to install the fuel pump inside the gas tank, because of a few inherit benefits of this location. Gasoline is a petroleum product and provides excellent lubrication for the internal workings of an electrical fuel pump. The fuel inside the tank also helps cool the electric motor.

Now that you understand the importance of how the gasoline lubricates and cools the fuel pump you can imagine what happens if we run the car completely out of gasoline. Now the fuel pump is running without any lubrication or cooling. In an effort to keep manufacturing costs down the inside of a fuel pump that produces pressure is mostly plastic and rubber components.

The fuel pump impeller becomes particularly susceptible to damage from running dry. When you run the car completely out of fuel this impeller runs in a dry state. The edges of the impeller can wear away quickly. In addition, often at the bottom of the fuel tank we find sediment from years of operation. When the fuel pump picks up the last sip of gas, it can also pick up this undesired material. This actually works like sandpaper to destroy the internal workings of the component.

In conclusion no one wants to run out of fuel. However, they may not realize that getting stuck on the road isn’t the only fallout from this preventable condition. Do whatever it takes to keep gas in the tank. Treat the quarter tank as if it represented empty.

How to Save More Gas Money

How much gas money would you say you spend per month? According to some estimates, your gas budget may be as much as 10% of your monthly budget.

That can really add up.

If you’re looking to be more thrifty with your spending or just want to be more eco-friendly, you can save a lot of gas money by using a few simple tips.

Here are some of the easiest things you can do to save somgas moneye money at the pump.

1. Carpool

Carpooling is one of the easiest ways you can yourself plenty of money. If you work far away, try and commute with co-workers who live close to your home.

Establish a driving order so everyone has a turn to save. Some municipalities have even established carpool-specific programs where you can earn toll credits.

Not only can carpooling save cash, it can help you earn some!

2. Combine Trips

You can also make more of an effort to combine your trips so you run multiple errands at the same time.

Planning ahead of time can prevent any unnecessary trips that will drain your tank. Pick a day of the week or weekend specifically for running errands.

By doing so, you’ll free up your post-work evenings and save money at the same time.

You can also plan your route so you’re not forced to stop at highway gas stations. Since these gas stations are frequented by travelers, they tend to charge more per gallon.

3. Get Frequent Oil Changes

Routine maintenance plays a substantial role in your car’s health. Accordingly, you’ll want to stay on top of things like oil changes.

If you weren’t already aware, your car’s oil level affects gas mileage and performance. While an oil change may cost as much as a tank of gas (and then some), think of it as a necessity.

It’s great for your gas mileage, and you’ll save money by keeping your car in good shape. Irregular oil changes can affect everything from your engine to your air filter.

4. Drive Slower, Save More Gas Money

Admit it, you’re probably guilty of driving a little too fast. Whether it’s a dirt road in the afternoon or the highway at night, there’s something alluring about hearing your engine rev up.

But if gas money is a concern for you, it’s best to slow down. By putting the pedal to the metal, you’re burning more fuel than necessary by forcing your engine to work overtime.

5. Buy Gas Earlier in the Week

Here’s an odd tip that most don’t consider: buying gas earlier in the week can save you a few cents per gallon.

It may seem strange, but once you stop to consider the business tactics of gas stations, it makes sense.

More people are out and about on weekends. Accordingly, gas stations will charge more since gas is in-demand.

There are tons of ways to save money when it comes to your everyday travel. Be sure plan ahead and buy your gas as early on in the week as possible.

For tips on everything from car manuals to oil changes, be sure to keep checking You Fix Cars for the best DIY tips.

Repair it or Replace it: Chipped Windscreen

cracked windshieldWhack! You’ve been driving all along when a flying rock smacks right into your windscreen, leaving a crack or a chip in your car’s visor. Now you have to get it fixed.

Having a cracked or a chipped windscreen can be frustrating. It not only presents an unsightly blemish on your car but also impacts your visibility – a major safety hazard.

If the debris left a minor imperfection on your windscreen, it may be tempting to ignore and drive around with it. However, if left unattended, these cracks can spread like wildfire.

What started as a simple repair can quickly turn into a full windscreen replacement.

When faced with the challenge of dealing with a cracked or a chipped windscreen, many people opt for the cheaper option. But, if you take this route and are involved in an accident, your decision could cost you your life.

So before you decide on whether to repair or replace it, it’s important to first know how a chip or a crack affect your windscreen.

How does a chip or a crack affect my windscreen?

Windscreens are specially designed to provide structural support for the vehicle. It’s part of the structural integrity of the vehicle and serves to protect occupants during an accident.

A damaged windscreen or one that has not been properly fixed can pop out during a collision. And since it also provides structural support for the car, an improperly installed windscreen could even cause the roof to collapse.

What about a cracked or a chipped windscreen?

Cracks on a windscreen affect its structural integrity.

In the event of an accident, a windscreen not only prevents the roof from collapsing but also acts as a kind of “backboard” for the passengers’ airbag.

When the front airbags are deployed, they exert a huge force capable of blowing out a windscreen that is weak (cracked) or not firmly glued.

So if a car has a chip or cracks in its windscreen, the windscreen is likely to be blown out in an accident, resulting in a crushed roof and less effective airbags.

Repairing Vs. replacing a chipped windscreen

There are two solutions to dealing with a chipped windscreen. You can either have it repaired if the damage is minor or replace the whole windscreen.

Whether or not to repair or replace depends on four factors: size, type, depth, and the location of the damage.

Size and depth

Most shops are able to repair chips of about 1 inch in diameter and cracks of up to 3 inches long. Traditionally, no crack larger that a dollar bill could be repaired, so size played an important role in making the determination.

However, modern technology has made it possible to repair windscreens that would previously be scrapped.

Today, auto glass repair shops can easily and confidently repair cracks up to 18 inches long. Crack larger than that are beyond repair, and will need complete replacement of glass.

So if your windscreen is severely damaged, you may not be able to escape from full replacement, which is more expensive.

The depth of the cracks cannot be overlooked and also plays a role in determining whether to repair or replace. Damages that extends from the exterior pane of the grass to the interior are considered too deep to be repaired.

Location

Location of the cracks also plays an important role in determining the fate of your windscreen. For instance, if the chip is located directly in the driver’s line of vision, repairing it may impact on the driver’s visibility.

Also, chips on tight spots, like those at the edges might prove difficult to repair, so count those ones out.

Cracks at the edge of the windscreen tend to spread very quickly, and if a crack or a chip has spread after the initial damage, that’s a clear signal that the glass needs to be replaced.

Type

There are many different types of windscreen cracks and ease of repair differs from one type to the other. For example, a Bulls Eye (circular crack caused by a rock) and Half Moon (caused by a rock but not circular) can be repaired easily.

Also, multiple cracks tend to be more difficult to repair so in such cases, let your technician decide whether repair is an option.

Here is a list of damages that in most cases will call for a full replacement:

  • Edge cracks and chips
  • Contaminated cracks
  • Very large cracks (over 18 inches long)
  • Multiple cracks
  • Damages that extend into the driver’s line of vision
  • Damages around the rain sensor and radio antennas
  • Deep damages that penetrate both layers of the glass

Note: When you notice a crack or a chip on your windscreen, have it repaired quickly before it grows or dust accumulates.

With time, dust may find its way inside the cracks and this could affect the clarity and effectiveness of the repair.

What’s involved with repairing or replacing a windscreen

A single windscreen chip repair typically takes about 30 minutes. However, preliminary steps may be necessary if the chip is too deep or has accumulated dust.

The process involves injecting resin into the outer layer of the glass in order to improve its integrity and appearance. Next, the resin is polished and cured by UV light.

The cured resin is then allowed to dry and once it hardens, it leaves a smooth surface, preventing the chip or the crack from spreading further.

If the crack is very deep, it may have damaged the intermediate PVB layer. In such cases, preliminary steps must be performed.

Such steps include removing any accumulated dust and enlargening the chip slightly to make the hole smoother to allow the resin to reach the intermediate PVB layer.

Replacing the windscreen, on the other hand, is a more involving process. The first step involves prepping the area of the car body around the windscreen with canvas to protect the car from scratches and other damages.

The windscreen is then removed along with the seals and adhesives used, leaving behind a bare frame. The technician then applies a primer on the bare frame so that new adhesives and sealant can be applied to the new replacement glass.

A short time is allowed to elapse after which the new windscreen is fitted and bonded to the car.

Most repair shops will ask you to wait for at least one hour before hitting the road after the glass is fitted so as to allow the windscreen to attach properly.

Final thoughts

The windscreen serves to provide structural support for the vehicle so you’ll want it strong and properly fitted. If you must replace it, know that its strength may be compromised as the new seal may not be as sturdy as the factory seal.

If you opt to have it repaired, bear in mind that the repaired area may not be as clear as it was before. However, you can expect to get back around eighty to ninety-five percent of the optical clarity.

The Car Essentials You Should Always Have In Your Car

car essentialsYou never know when you’ll get the urge to hop in your car and just drive.

One of the best parts of car ownership is the freedom that it provides. Whether you’re taking a short jaunt to visit friends across town, or embarking on the great American tradition of a road trip, you’ll need to be prepared.

Here are the most important car essentials to keep in your vehicle!

For Roadside Repairs

We’re not going to lecture you about the importance of keeping a spare tire and jack in your trunk — your dad probably already has that covered.

Other car-related items that will come in handy? A pressure gauge, spare wiper fluid, an empty gas can, tire sealant, WD-40, jumper cables, and some good work gloves.

Things that double as other things make perfect car essentials. For example, a combination crank-powered radio and flashlight is almost better than a combination Taco Bell and Pizza Hut.

For Health and Safety

For just $12, you can buy a first-aid kit stocked with 100+ medical-related car essentials. Do it now. (Don’t come crying to us when you traffic gives you a headache and you don’t have any Advil.)

A tube of sunscreen can save your hide (literally) during those impromptu beach trips. Consider having a spare toiletry kit on hand, too. There may come a day when you’ll be grateful for antiperspirant, a toothbrush, or even extra hair product.

If your first-aid kit doesn’t have a mylar blanket, pick one up. Here’s why.

Nutritious non-perishable food items are a must. Think granola bars, energy bars, dried fruit, and nuts. Of course, you should also include a few bottles of emergency water and vodka.

Just kidding about the vodka, of course.

For Spontaneous Fun (the Best Kind of Fun)

If you’re the type who slams on the brakes when you see a roadside chicken BBQ or other food fundraisers, make sure you have what you need for al fresco dining (Al who?).

This can be as simple as a baggie you’ve filled with disposable cutlery, napkins, and some leftover fast-food salt and pepper packets. Or you can purchase a fully-stocked picnic backpack or basket. These are great even when the picnic is planned.

In a pinch, a frisbee (lined with a napkin, please) will double as a plate or serving dish.

For Old-School Survival Needs

You’ve probably already got a spare cell phone charger in the glove box, but consider a solar-powered one, too. For backup, stock up on analog supplies.

A paper atlas (paper? what’s paper?), a pencil and notepad, an actual book to read if you get stranded, and a roll of quarters in the event you stumble across a pay phone — or a vending machine.

Lastly, a change of clothes (and shoes, unless you wear sturdy boots 24/7) and a spare jacket or sweater are good car essentials. You will also get a lot of mileage (ha! see what we did there?) out of an old comforter, or that hideous old afghan your Aunt Millie crocheted.

For Your Inner McGuyver

Just think what you can accomplish with a multi-tool, a roll of paper towels, wet wipes, some plastic garbage bags, a small bucket, clothespins, and an umbrella. (That sounds like a great concept for a new reality show.)

Of course, duct tape is the quintessential all-purpose lifesaver.

If you’ve followed our advice, your vehicle should now be fully stocked with car essentials. We just hope there’s enough room for you in there, too!