Vintage cars are known for their elegance and intricate classic designs. The cars of the present generation have the dynamism along with the latest technology to boost speed and performance. On the other hand, the vintage cars have been adorned as priceless jewels as these were manufactured with great precision.
Warren Buffett, one of the richest men in the world, known for his perfect decisions, made a mistake regarding classic cars. Around 1980 he was offered to purchase the Harrah Car collection which was a little less than a million dollars, but he refused. It comprised of 1,400 cars that included a 1932 Bugatti coupé, a 1913 Pierce-Arrow and a 1932 Rolls-Royce Salamanca. Years later when a part of that collection was auctioned, it sold for the whooping price of $69 million. This was a demonstration of the fact that the value of these cars increased with time. Some of the rare cars will, however fetch more than we can ever imagine. According to a luxury website, the prices of some of the rarest of rare rides are as mentioned below:
1967 and 1970 Dodge Coronet R/T convertible: This car makes it to the rarest of rare cars list as only two cars were manufactured for model. The current auction price of this car would be fixed at around $250,000 (approx.).
1969 ZL1 Camaro: Extremely popular among the drag racers, this car would fetch anything around $1 million. It has been one of the best muscle car of its time.
1954 Oldsmobile F-88: It was considered that this car was way ahead of its time.One of the reasons was that it had a 250 HP V8 rocket engine. Only 4 of these cars were manufactured. In a recent auction, one of these cars were sold at $3.5 million (approx.).
1938 Phantom Corsair: A revolutionary classic that was considered an engineering marvel of the 1930s. With its uncanny resemblance to the famous Batmobile, it had astounding features like the electronic doors along with the altimeter and a beverage cabinet. Only one car was built and it never entered into the production lines for various reasons. At present, if the car is put for auction, it can easily break the $10 million (approx.) mark.
From the beauty to the beast of the bygone eras, these cars are enviable models of automobile engineering. However even an average buyer can think of buying a classic car. A lot of damaged classic cars for sale are available at salvage auctions. If you want to own a damaged classic car, you can place a bid for sale in an online salvaged auction. A bidder does not even have to be physically present at the auction and online auctions make that possible.