How many miles can you put on a classic car?

What mileage is not worth buying?

That said, based on the 12,000 miles per year rule, you can get a general idea of what type of mileage to expect on a used vehicle. If a car has accumulated far more than 12,000 miles per year, you may want to consider a different vehicle.

Is 150K miles on a used car bad?

Many modern cars with 100K-150K miles are in great condition and will easily go another 100K. However, if a car has not been maintained properly and has been driven hard or previously wrecked, it can be junk with only 30K miles on the odometer.

Can I drive a classic car daily?

Can a classic car be a daily driver? Yes, it's possible to use a classic car as your daily driver. The car must be roadworthy if you're going to use it frequently, which usually means more maintenance and repair.

How old does a car have to be for Hagerty to insure?

To qualify for classic car insurance, you'll have to meet the insurer's requirements, which may or may not factor in the car's age. Hagerty doesn't have rules about how old a classic car has to be, but it does require the following of the vehicles it insures: Usage: A classic vehicle can't be the car you use daily.

Can you drive a classic car long distance?

It's easy to think that driving any vintage car over long distances will be hard, or dangerous, or the car won't make it. Just because they are old, however, doesn't mean they won't survive a long journey. After all, back in their day thousands of people used these cars to road trip every year.

How many miles on a car is a red flag?

If you see a used car that's just two years old and has 40,000 or 50,000 on the odometer already, that's a bit of a red flag, as it shows that the car has been driven far more than other examples in the same year, make and model. That said, the 12,000 figure, while a good rule of thumb, isn't infallible.

Is it worth fixing a car with 200k miles?

If the cost of the repair is less than or around 50% of the vehicle's value, it's usually worth it. Reliability: Some brands are known for their long-lasting reliability, even beyond the 200k-mile mark.

How many miles can you put on an antique car?

Classic car insurance policies have a limited use provision. This only allows use of the car for travel to auto shows and auto club meetings. Typically, insurers place a maximum annual mileage restriction for antique car insurance. This varies by state but usually doesn't exceed 7,500 miles per year.

Do classic cars break down a lot?

“Regular maintenance from specialists who understand these specific models can mitigate some issues, but a higher frequency of breakdowns should be expected compared to more modern classics.”

What is the minimum value for hagerty?

Vehicles must meet the following requirements:

Vehicle must be in good or better condition. Vehicle must hold a minimum value of $3,500.

How many miles can you drive with Hagerty?

Our policy allows occasional pleasure use with no fixed mileage restrictions. ** With Hagerty, your client can go for a weekend drive, take their vehicle up to the local ice cream shop or attend unlimited events and cruises.

What's the best insurance for classic cars?

Are classic cars hard to insure?

Most car insurance companies will offer coverage to classic car owners. However, they may not recognize that your collectible car is not a daily driver. This is why it is best to get a specialized collector car insurance policy so you can save money on your monthly rate.

Are classic cars worth keeping?

Classic cars can be a risky investment. Even if you purchase a model that significantly increases in value after you buy it, you may still put more money into it with repairs and maintenance costs. Additionally, collector trends are unpredictable, so you can't bank on a specific model dramatically increasing in value.

How much does mileage affect classic car value?

While mileage is far from the only element determining your vintage vehicle's quality, higher mileage will make it more difficult to sell at a desirable price. This is even more so the case if you obtain a classic car with low mileage.

How do you keep a classic car in good condition?

What mileage should I avoid on a used car?

There's no rule to how many miles on a used car is too much, but by attempting to stick to the 12,000 miles per year rule is a great place to start. Find out how old the car is, multiple the number of years by 12,000, and if the number on the odometer is significantly higher than that, some concern might be warranted.

Is it worth keeping a car with 200k miles?

Yes, it can be a fair idea to buy a car with 200,000 miles, provided that the vehicle has been well-maintained. While high mileage might be a concern for some buyers, a car's condition and the care it's received throughout its life are far more important indicators of its potential longevity.

Is 175000 miles too much?

Higher Mileage Used Cars Can Be A Wise Purchase

In the past, a car that reached 100,000 miles was almost considered ready for the scrap pile and sold at a steep discount. With the recent improvements in technology and manufacturing techniques, many vehicles reach the 200,000-mile level with ease.