Classic Cars guideChapter 06 of 10
Starting out

Where to start your collection

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Know your budget for total cost of ownership, not just purchase price. Insurance, storage, maintenance, and the occasional significant mechanical intervention are real expenses that vary considerably by marque and era. A Jaguar E-Type is considerably more expensive to maintain than an air-cooled Porsche 911 of similar value. Under thirty thousand pounds: post-1970s Japanese classics, entry-level European sports cars, American muscle with honest history

Thirty to one hundred thousand: air-cooled Porsche 911 variants, early BMW M cars, Italian sports cars with documented history, British sports cars from the 1960s and 1970s. Above one hundred thousand: pre-war Bugattis and Alfa Romeos, significant Ferraris and Porsches, homologation specials. This market is global, highly competitive, and unforgiving of mistakes.

CollectorGrade take

Budget for total cost of ownership before you fall in love with a specific car. The purchase price is only the beginning. Storage, insurance, maintenance, and the occasional major mechanical intervention are all real costs that vary significantly by marque.

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