Things to Consider when Buying a Classic Car
1/20/2026Thinking of buying a classic car? We’ve complied a few points to consider when purchasing a classic car!
Budget
When looking for any pre-owned vehicle, setting a budget is very important. Your budget should consider everything about the classic car, from purchasing, maintaining, insuring, storing and sourcing replacement parts.
Use case
What are you going to use the classic car for? Are you using it as an investment piece or do you want to daily drive the vehicle? This can determine if you buy a show car or daily driver car as some vehicles are better for each use case. Understanding what your use cases are can limit what classic car you should be looking at.
Research
After you have found what model of classic car you would like to purchase, it would be wise to research deeply into car. Look at the historical price trends of the vehicle, common issues related to the vehicle and the availability of replacement parts if something breaks apart. Using websites, forums and clubs dedicated to classic cars can help aid you in finding the information you need.
Inspecting and test driving the vehicle
It is important to inspect any pre-owned vehicle before purchasing it. Look for any dents, cracks, rust or previous repairs/restorations. For a comprehensive guide on what to look for when test driving a pre-owned vehicle check out this blog: What to look for when going on a test drive, If you want a shorter checklist to take with you when test driving, download our test driving checklist!
Insurance
Classic cars require a different type of insurance than normal cars in BC. To get your classic car insured, you can use the ICBC and their Collector Vehicle’s Insurance or a private insurer in BC. If you would like to purchase insurance please check the eligibility of the vehicle on their website. Also note that collector vehicle plates have different driving restrictions than cars with a non-collector plate.
When looking for your next classic car, make sure to keep all these points in mind! We look forward to you finding your perfect vehicle match on BCAA Auto Marketplace.
BCAA Auto Marketplace
We understand that shopping for a used vehicle can be a bit overwhelming so that’s why we created BCAA Auto Marketplace, British Columbian’s trusted place to buy and sell your vehicle.
BCAA Auto Marketplace was designed to make the used vehicle buying and selling process easier. Built on a trusted community of verified users, BCAA Members, and access to vehicle details and reports so you can navigate the used vehicle market with confidence to find your perfect vehicle match.
- Buy or Sell for Free: No cost for listing or selling on BCAA Auto Marketplace
- Simple and Straight Forward: Transparent pricing identifying vehicles by “great price”
- Verified Members: Buy and sell from verified users and BCAA Members
- Customer Support: Access to resources and a dedicated BCAA Auto Marketplace customer support team