How to Buy and Sell Collector Cars

by Patrick Krook

Overview

Learn how to maximize your profits and savings when buying and selling collector cars!

The dealership model is an American institution, and auction houses can trace their roots back to the days of dusty cattle sales. Both have remained unchanged. Since the early 2000s, the internet has shaken up these legacy methods of finding, buying, and selling vintage cars, as a global online marketplace that is open to anyone.

CarTech, in conjunction with Patrick Krook of REV! Muscle Cars, introduces a proven process drawn from 20 years of experience building some of the world’s most significant classic car collections. Whether you are a first-time buyer or an established collector, this book shows you how to locate and buy your dream collector car stress free. Get the car you are expecting every time, creating positive cash flow and keeping the hobby fun for years to come.

Inside this book is an easy-to-follow, heavily illustrated step-by-step method to find, evaluate, negotiate, close, fund, and take delivery of a collector car safely over the internet without leaving your living room. It also includes how to avoid costly purchase mistakes, such as overpaying, fakes, or buying someone else’s headache. Better yet, it delves into details about how to always sell out of advantage, minimizing the overall amount you invest as you build your collection over time. Lastly, it provides all the tools you need for buying and selling when you have that person-to-person driveway transaction.

Why spend tens of thousands of dollars on dealership retail markup, auction fees, and failed purchases when you can obtain your dream car, keep more money in your pocket, and spend more quality time enjoying the hobby? How to Buy and Sell Collector Cars takes you from being a novice to a seasoned buyer/seller while you enjoy the adventure of car collecting.

Product Details

ISBN-13:	9781613258132
Publisher:	CarTech Inc.
Publication date:	10/10/2022
Sold by:	Barnes & Noble
Format:	eBook
File size:	90 MB
Note:	This product may take a few minutes to download.

About the Author

Patrick Krook began his obsession in all things automotive as a toddler, handing wrenches to his father to fix the family truckster, a 1973 Ford Custom 500 Ranch Wagon. That experience spurred a career traveling the world and building some of the most storied and exclusive private car collections. He has also helped transform personal collections into public museums, most notably the Wellborn Muscle Car Museum. Patrick also has been a freelance journalist, photographer, and market analyst since 2007 for publications such as Mopar Collector’s Guide and the Motor Trend family of magazine titles. In 2003, he began his first online auto brokerage and still runs REV! Muscle Cars (revmusclecars.com) today in partnership with his wife, Laurie.

Table of Contents

Introduction 6

Chapter 1 The Road Trip of Desire Begins with the End in Mind 7

Chapter 2 The Buyer's Keys that Make a Car Collectible 22

Chapter 3 Using Keys to Build a Barstool 50

Chapter 4 Sourcing: Looking for the Right Car in All the Wrong Places 57

Chapter 5 Vehicle Inspection: Trust but Verify 76

Chapter 6 What to Do After Purchasing a Vehicle 91

Chapter 7 Timing the Market 106

Chapter 8 Preparing to Sell 114

Chapter 9 The Problem of Price 127

Chapter 10 Selecting the Right Venue for Maximum Return 140

Chapter 11 The Very Next Thing a Seller Should Do 158

Editorial Reviews

Enthusiasts looking to learn more before their next purchase, or interested in maximizing their dollars at sale time, will benefit from Krook’s advice.

Old Cars Weekly - Angelo VanBogart

"Simply stated, How to Buy and Sell Collector Cars is essential reading in order to obtain the very best deal possible when buying or selling a car."

James A. Cox

"Should be required reading for anyone considering entering or exiting our hobby."

Hemmings Muscle Machines - Mark J. McCourt