Owning a car is a necessity for many people, but for many other possessing antique cars is a matter of pride and sort of a prestige symbol. Owning an antique car is in most times as costly as owning a new car as there are many people involved who are in the passion of collecting antique cars. Many antique car enthusiasts collect antique cars as a hobby or a memory. But there are several others who collect antique cars as an investment option. For them antique cars are a way to make profit - these people collect antique cars and sell it after some time at a higher price than originally brought.
Let us look in detail what an antique car is and about antique car history. According to the Antique Automobile Club of America and several other organizations worldwide, an antique car can be defined as any car which is more than 25 years of age. Sometimes it is seen that some classic cars are misrepresented as antique cars, but the real classic cars are those certain specific high quality cars from the pre-World War II era. However antique cars are not profitable to use for everyday transportation, these antiques cars are much popular for leisure driving. Antiques cars which had survived for more than 25 years are considered great survivors. And that's why owning, collecting and restoring such rare antique cars are considered as a well-liked hobby by people all over the world.
Over the years, the antique car market has seen tremendous changes. During the 1980's the value of antique cars has gone a great boom which lasted for several years. But during the early 1990's there was a great fall in price. Antique car collecting can be a type of gambling. According to antique car experts it is better to collect antique cars when you get one as the antique car market fluctuates from time to time and the future monetary value of antique car is completely unpredictable.
