Vintage Cars

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A vintage car is, in the most general sense, an old automobile, and in the narrower senses of car enthusiasts and collectors, it is a car from the period of 1919 to 1930. Such enthusiasts have categorization schemes for ages of cars that enforce distinctions between antique cars, vintage cars, classic cars, and so on. The classification criteria vary, but consensus within any country is often maintained by major car clubs, for example the Vintage Sports-Car Club (VSCC) in the UK.[1]
The vintage era in the automotive world was a time of transition. The car started off in 1919 as still something of a rarity, and ended up, in 1930, well on the way towards ubiquity. In fact, automobile production at the end of this period was not matched again until the 1950s. In the intervening years, most industrialized countries built nationwide road systems with the result that, towards the end of the period, the ability to negotiate unpaved roads was no longer a prime consideration of automotive design.
Cars became much more practical, convenient and comfortable during this period. Car heating was introduced (progressing from hot bricks via double-skinned exhaust manifolds to the heater radiator matrix),[2] as was the in-car radio.[3] Four-wheel braking from a common foot pedal was introduced, as was the use of hydraulically actuated brakes.[4]
Towards the end of the vintage era, the system of octane rating of fuel was introduced, allowing comparison between fuels.[citation needed] In 1923 the gasoline additive Ethyl made its debut at the Indy 500 that resulted in a boost in octane from the 1950s to the 1980s[5] In the United States drive-in restaurants were introduced as well as suburban shopping centers and motels.
Alfred P. Sloan and Harley Earl of General Motors, and Walter P. Chrysler capitalized on advertising the automobile's role in the life of the consumer for more than just the utilitarian value compared with the horse. The stock market crash of 1929 started the layoff of automotive workers and many new companies went bankrupt but over two million cars were still produced in 1929 and 1930.[6]
The Federal Aid Road Act of 1916 was the first federal highway act. War and lack of funding hampered any positive results of this act. The Federal Aid Highway Act of 1921 (Phipps Act) started a 50/50 matching fund to states for road building and resulted in the creation of new and improved roads. During this period as well as the car adapting to society, there were better roads, and society began to adapt to the car. Dwight D. Eisenhower participated in the highly publicized Transcontinental Motor Convoy in 1919 and after becoming President the experience influenced the Federal Aid Highway Act of 1956 that included 41,000 miles of highways.
The end of World War I brought about the "Depression of 1920-21" with an inflation rate of over 20 percent, a 7 percent Federal Bank discount loan rate, and an 11.7 percent unemployment rate, that resulted in many companies going bankrupt and the automotive industry was decimated.[7]
From 1919 to 1929, many dramatic changes took place. General Motors went into a financial crisis that lasted until after Alfred Sloan became president in 1923. Hudson produced the Essex in 1919 that, by 1925, had propelled the company to third in total sales behind Ford and Chevrolet.[8] Ford was in the process of building a new plant, buying back stock, and began an 18-month process of tooling-up to replace the Model T with the Model A in 1927. In 1921 Maxwell failed and Walter P. Chrysler, formerly of General Motors, was brought in to reorganize it and, in 1925, the Chrysler Corporation was formed. With Ford out for a period, Chrysler was able to produce and market the low-priced Plymouth in 1928, and bought out the Dodge Brothers, also in 1928, resulting in "The Big Three" in the United States.
There were other automakers that made it past the 1920-1921 depression only to fail during the Great Depression.
This section needs expansion. You can help by adding to it. (November 2018)
During the Great Depression, in Britain many small companies started in the post World War I boom failed or merged leaving six[citation needed] major manufacturers: Morris, Austin, Standard, Singer, Ford of Britain, and General Motors Vauxhall. A similar boom-and-bust cycle was seen in mainland Europe.[citation needed]
Antique automobiles and early to middle era[when defined as?] classic cars do not have the safety features that are standard on modern cars. The most rudimentary of safety features, front wheel brakes and hydraulic brakes, began appearing on cars in the 1920s and 1930s respectively.[citation needed]
For the average person car collecting is a hobby. A person can have a fascination with a certain vehicle, make or a history with one so seeks a particular make or model. Finding such a car at an affordable price is not always hard but the price will depend on the condition or the desired end result. Usually the less work required on a vehicle equates to a higher price, the more work required means a cheaper initial cost, but often more in the long run, and a person's level of restoration experience plays an important part.[9]
Comedian and avid car collector Jay Leno stated, "Any car can be a collector car, if you collect it."[10] Car collecting as an investment can be rewarding but most serious investment collectors seek rare or exotic cars and original unmodified cars hold a more stable price. Collecting as an investment requires expertise beyond enthusiast collecting and the standard of quality is far higher as well as a need for investment protection such as storage and maintenance. A short-term investment collector must be able to find a vehicle that has market value that is expected to rise in the foreseeable near future. A long-term investment collector would be less interested in any short-term value seeking to capitalize on an expected value rise over a period of years and a vehicle must have certain intrinsic values that are common to other investors or collectors of both short and long term.
Cars that were made in small numbers or often have a higher value but can be more difficult to maintain. Certain year and model cars became popular to turn into hot rods thus destroying their original condition. Other models were produced in such quantities that the price is still not inflated. Market trend is an important part in the price of a vintage car. An "almost" original and in perfect shape model A that was abundantly produced can be purchased for $20,000.00.[11] A collector as an investor would have to know the potential market and have a belief that the future market will bring a return on an investment.
Determining the value of a vintage car can be difficult, as there are many different factors that can potentially influence the price. The age, condition, rarity, modifications, vehicle history and mileage can all drastically change a car's value, among other factors. In recent years, services have begun providing classic and vintage car valuation data to the public, by establishing baseline prices for vehicles in various conditions and publishing marketing trends and forecasts collectors can use to monitor the state of the market.[12] As a result of the variability in car values, most insurers offer agreed value insurance coverage for classic cars. Agreed value coverage involves both the owner and insurance company agreeing on the car's value and insuring it for the agreed amount, as opposed to insuring the car based on industry standard or an average published value.[13]
To collectors and investors, a vehicle's condition rating[14] is important, and in the United States there are two systems, the category and the points system. The category system has six categories used to rate the condition of a vehicle. The points system assigns points from 40 to 100 that correspond with the category system and below 40 there are three for other conditions. Both systems are listed together for ease of comparison:
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Almost everyone has a fantasy that involves a super-cool car. Here's how to get behind the wheel.
The 1967 Chevy Corvette, the 1975 BMW 3.0 CSL, any pre-1974 Porsche 911–these are some of the vehicles that have earned a significant place in automotive history. Iconic yet accessible, they are museum-quality cars that you really just want to take for a spin. These automotive legends have weathered the decades, but with some ingenuity, you can still get behind the wheel of most of them. Here's our list of the ones worth the hunt.
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Once called "the most beautiful car ever made" by Enzo Ferrari, the 1960s Jaguar E-Type is a classic sports car mainstay. "If you only choose one car from this list to drive, this is the one," says McKeel Hagerty, CEO of Hagerty, the world's largest provider of collector vehicle insurance. This staple of British motoring history still has verve–it can perform up to 150 m.p.h. and brakes better than most cars from its era. Visit the Jaguar Heritage Driving Experience program in Kenilworth, U.K., where you can pay for a day of driving the marque's classics.
The emblem of Big Three muscle cars, the Chevy Corvette is the most collected vehicle in America. The second generation, which spanned 1963 to 1967, is "the most iconic American car ever made," says Keith Martin, publisher of Sports Car Market. "It's still breathtaking and fresh today." Early generation Corvettes remain plentiful in the U.S., so you can scour auctions, collector car dealers, and websites like classiccars.com for deals.
Considered by some to be the sexiest car ever built, the Miura debuted in 1966 as a sleek mid-engine speedster designed to challenge Ferrari. "Piloting the Miura transcends driving experience to become a life experience," Hagerty says. "If the sound of six carburetors feeding a thirsty, vibrating V-12 moored right behind your head isn't enough, it's also arguably the most beautiful car ever produced." To buy one, contact the Lamborghini Club America or an auction house like RM Sotheby's or Gooding & Co. They're usually in the know about the cars before they reach the general market.
The Porsche 911 represents vintage driving at its best—particularly during the golden era before the car's 1974 redesign. "There's magic in the early 911," Hagerty says. "It's an amazingly well-built machine that delivers one of the most honest driving experiences of any sports car ever built." Even by today's standards, first-generation 911s still have plenty of horsepower and can hold their own on the track. You can find one, even in mint condition, on eBay.
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Based on the first full-size car Rolls-Royce made after the war, the original Silver Dawn drophead launched in 1949 and retired in 1954. The name was intended to mark the dawn of a new era for the world and Rolls-Royce's place in it. Slightly smaller than pre-war cars, the Dawn helped the British bespoke carmaker reintroduce motoring craftsmanship while bringing the company into the modern age. They're extremely rare: only three of the original 28 dropheads remain in the U.S., and those are owned by private collectors. Happily, the carmaker is introducing a successor model after a 60-year hiatus.
Among the first sports cars of the post-war era, the Mercedes SL 300 Gullwing was the fastest production car of its time when it was introduced in 1954. As the first direct fuel injection series production car, the SL 300 could travel at an eye-popping 160 miles per hour. "Nobody expected something like that from Mercedes," says Constantin von Kageneck, a specialist in classic car marketing at the Mercedes-Benz Classic Center in Irvine, CA. Though about three-quarters of the original SL 300's survive today, many still belong to their original owners. To see one, visit the Classic Center or an automotive museum like the Petersen in Los Angeles.
Ferrari made just 39 of these elegant race cars between 1962 and 1964, so they are extremely rare. "The 250 GTO is probably the holy grail in terms of value and recognition, but the reality is only a handful of people in the world will ever have the chance to legitimately drive one," Hagerty says. An early model fetched $38 million at Bonhams' Quail Lodge auction at the Pebble Beach Concours d'Elegance two years ago. If that's too pricey, know that any 1960s Prancing Horse with a V12 engine is worthy of making the list.
The precursor to James Bond's getaway car, the Aston Martin DB4 is an iconic workhorse. "The DB4 is a thoroughbred that never gets flustered," Hagerty says. "I wouldn't hesitate to drive one across the country. It's no wonder that James Bond favored the derivative DB5." They're in short supply, so if you want to drive one, your best bet may be to befriend a collector.
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If any part of you harbors a race-track fantasy, this is the car to track down. When BMW came to America in 1975, it brought a quartet of models with it, including the 3.0 CSL coupe. Driven by racing legends Brian Redman, Sam Posey, and Hans Stuck, the car claimed victory at the 12 Hours of Sebring race that year and won Daytona the following year. The pair of triumphs established BMW's performance chops stateside. In addition to its engineering and performance legacy, the 3.0 CSL pioneered a host of technologies found in later BMW models, from its first-ever four-valve six-cylinder engine to its early anti-lock braking system. BMW offers a turn at the wheel as part of its BMW Classic Center in Munich.
Acura's halo car from 1990 to 2005, the NSX is young but mighty. "While it's not as sexy as its European rivals, the Acura NSX showed the rest of the world that supercar specs and daily-driver manners could co-exist," Hagerty says. "It inspires confidence and begs you to keep pushing, braking later, and turning harder. It may be the most underrated car on this list." Its successor, the new Acura NSX, reaches customers this year and is likely to inspire renewed interest in the original. Fortunately, Acura made 9,000 first-generation NSX cars so finding one online is easy.
Also known as the Cobra, this high-performance descendant of the Ford Mustang was a darling of the late 1960s. With Ford's V8 engine, the Shelby GT350 was a legitimate racecar for the street. "When you get into it and turn the key, the car doesn't only rumble audibly, it also actually shimmies side-to-side and up-and-down, just a bit," Hagerty says. "And that's while it's still parked. When you get on the gas it leaps and roars." You will quickly see why designer Carroll Shelby is lauded as a 20th-century motoring genius. To drive a vintage Cobra, visit a high-end classic car auction house, dealer, or specialized broker.
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Produced from 1908 to 1927, this is the car that birthed the American automotive industry. Affordable by mass market standards, the Model T begat car culture and road trips. "Everyone needs to know where they came from," Hagerty says. "When it comes to American motoring, that starting place is the Model T." With a volatile hand-crank engine and two-speed transmission (not including the reverse gear), the Model T isn't easy to drive, even if you can get your hands on one. But rest assured–27 mph will never feel so thrilling.
A counter-culture classic, the vintage VW Beetle represents simplicity and fun–in other words, motoring at its best. "Besides the easy driving experience, the Beetle's friendly exterior attracts people no matter where you're driving, and it seems everyone has their own Beetle story to share," Hagerty says. "This is not the car to buy if you're shy." If you'd like to get behind the wheel, old Beetles can easily be sourced from eBay and classified ads.
The quirky Volvo P1800 was stylish enough for Roger Moore to drive one in the spy thriller TV series The Saint. This two-seater sports car is durable: one surviving model has clocked more than three million miles. Its brethren belong to private owners, but check with the Volvo Owners Clubs if you'd like to find one for sale or make an owner an offer.
The V10 Dodge Viper GTS of the 1990s couldn't be built today. At 450 horsepower, it's every bit as raw as its predecessor, the Shelby Cobra, without anti-lock brakes or traction control to correct driver error. "It's the automotive equivalent of whiskey, neat–no pretense, just one hell of an experience," Hagerty says. You can find one online or through a collector vehicle auction house such as Auctions America or Mecum.
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With Italian styling and a reliable Ford V8 engine, the DeTomaso Pantera represents the best of both worlds and is a worthy alternative to similar Lamborghinis and Ferraris from the same era. "You'd expect an early '70s Italian car to be garish, loud, and hard to drive," Hagerty says. "While it is garish and loud, the Italian-bodied and American-powered Pantera is actually rather easy to drive." Procure one at a high-end classic car auction house, such as Barrett-Jackson or Bonhams.
The McLaren F1 announced the British supercar maker's foray into modern racing when it was unveiled in 1992. Six years later, it set the record for the world's fastest production car, at 242 mph. "The McLaren F1 was Formula One legend Gordon Murray's high-tech supercar answer to Porsche and Ferrari," Hagerty says. "And it didn't just exceed the standards they established, it obliterated them. Driving an F1 is a sublime ballet of shocking power, braking, and control." McLaren only built 64 of these, but fortunately, it just put up for sale chassis #69, the 60th model built. If you have eight figures to spend, you can contact specialoperations@mclaren.com.
Built from 1991 to 1995, this Italian-made V16 supercar was originally designed as the Lamborghini Diablo. But when Chrysler purchased a stake in Lamborghini and the Diablo's designers modified the plan, mastermind Marcelo Gandini took his original blueprints to automotive engineer Claudio Zampolli, who built it as a Cizeta. Cizeta built only a handful during the car's initial production run, but they occasionally resurface on the market.
Porsche's first production car, the rear-engine, rear-wheel drive Porsche 356, survived four high-flying generations before it was laid to rest in the mid-1960s. Considered the most highly developed of the four-cylinder Porsches, the 356 is also regarded by vintage car experts as the most fun to drive. Procuring one isn't difficult: about half of the 76,000 cars originally produced survive.
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The Datsun 240Z started the Japanese sports car craze when it arriv
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