If you have ever been to a speedway, drive in restaurant or local antiques car show you may have seen or admired a vintage car. There are many hotrods or classics humming through the streets, but what if you are a first time buyer, or collector looking to expand your collection? It is important to understand what actually constitutes a vintage car, and the classic car auto insurance for vintage cars, along with collector car insurance rates.

There are several things to consider when thinking about the purchase of a classic car.
Can you afford this purchase? Then think about repairs, if you can't do them yourself it will be expensive as will the parts needed to fix the car.

Speaking of parts, they are often hard to find so your car may be out of commission for long periods of time. Do you have the patience to deal with these delays? If you won't be doing the repairs yourself do you know of a good mechanic who is qualified to work on the classic car you want to buy?

You should have at least $3000 put away for repairs. That sounds like a lot but is actually the minimum suggested by classic car experts.

Are you thinking about doing restoration work? If you plan to do it yourself remember to have enough space allotted for the job. You will need room to take the classic car apart and store it during the restoration.

Will you drive your classic car on public roads? If you are planning to remember that driving situations have changed. Brakes and steering systems were made for a different time. You will need to make adjustments when driving the classic car in today's traffic.

You will need classic car insurance. The classic cars did not come equipped with the anti-theft devices or serial number database of today's cars. The classic cars were not made with security devices.

If you have a "partner" are they supporting you in this endeavor? It will take time and money to make this dream a realization so make sure you have the backing you need. Some couples enjoy this hobby together.

Take time and find the car that is right for you. You may have dreamed about a certain car but now realize that it is too expensive and prone to breakdowns. Modify your search and buy only when you have everything in order. Make certain that this is a decision you can afford.

Buying a classic car can be a great hobby and a dream-come-true but make sure you know what you're doing before you buy!