I believe the "classic" designation is a vehicle over 25 years. With a
vehicle that's in great shape, it's should be the time it should start
to appreciate instead of depreciate each year.....I don't think it means
anything for your value if your PU is a daily driver that looks it
age...If it's crap, it's now just "classic" crap. But if it's in great
shape & a desirable model, you may want to keep it that way, but it
depends on the make and model, as well as which version of a model
(think a classic Roadrunner vs. a Roadrunner Superbird). A 1980's era
Hyundia Excel for example, may now be a classic - but it still crap even
if you could find one, while a 1980's full size Bronco in great shape
would be way more desirable (imo)...
In NY, it also comes into play with insurance, as you can submit your
"classic" to your insurance company and get reduced rates IF you also
submit your mileage yearly, as you can not go over a certain low mileage
(2-5K a year(?) roughly). The designation was meant for classic cars
you drive occasionally, to meets, shows and the such, and your rate is a
As you mention a dealer, if you're thinking of trading it in and it's in
great shape, you might want to sell it privately as you will not get
jack for it from a dealer, classic or not. The only time I trade in is
when the vehicle is a clunker (a '93 Buick Skylark with a transmission
that was going traded for a 2012 Toyota) or if the price difference
between trade-in and selling privately is low enough to not warrant the
All the above just mho....
On 7/20/2015 7:43 PM, Bob R wrote:
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