As American Classics spreads its reach we are pleased to announce that our Owatonna,MN store is finally open. We are excited for Ken Snow to lead the team of highly motivated car enthusiast. With over 50 cars in inventory we are excited to start selling classic cars.
With our first month well underway we have managed to secure over 60 cars on premise. Our free consignment package really took off with huge success. We look forward to see what we can do in our second month!
So you have been to lots of car shows and see all the bad to the bone classic cars and wonder how people finance their classic cars! Well a lot of people have found that classic cars are a great investment opportunity that they can enjoy while making money. Classic cars unlike many other things we buy don't always go down in fact in many cases you will find that classic cars appreciate over time. What does that mean for you and your dram car? I would look at market trends. If your looking for a sweet car and a great investment we recommend doing a little market research and find a car trending. In the last year we have seen the 70's and 80's cars start the climb, while model A's and T's slowly descending. While HEMI big blog numbers matching cars have been staying strong! Lots of banks will not borrow for a 40 year old car but thats because they don't understand how the market works. Two of the larger companies that finance classic cars are J.J. Best Bank & Company and Woodside Credit, and there are others as well. If your in the market for a classic car and you need help financing your dream classic car let us help! for more information call American Classics and Hot Rods.
While SEMA 2015 has lots of amazing rides theres no surprise that Dave from Kindig-it Design was there to unveil his latest build "The Copper Caddy". This amazing ride spared no expense and it shows up all over this 1960 Cadillac built by Kindig-it Design. While this caddy was chopped, lowered, and customized a quick look you can see the intricate detail from Kindig-it Design. This bad to the Bone Copper Caddy is a true work of art! Jerry Logan from American Classics and Hot Rods was amazed by the design and build and said, "this will be one truly unique cars in his collection'. He started collecting and customizing classic cars years ago and this is what lead him to be one of the cofounders of American Classics and Hot Rods. As a observer of the unveil it was truly amazing watching peoples expressions when they got to see what was under the big black cover!
THE 1960 CADILLAC COUPE DEVILLE IS FEATURED ON BITCHIN' RIDES SEASON 2. THIS CADDY FEATURES ACCENTS OF COPPER THROUGHOUT THE BUILD AND AN ON-AIR RIDE TO BE ABLE TO GIVE IT THAT LOW AND SLEEK LOOK FOR THE CAR SHOWS. IT HAS WON KING OF CUSTOM IN BOTH THE SACRAMENTO AUTORAMA AND PORTLAND ROADSTER. This car is on display June 20 to june 23rd
Even though the U.S. economy has some low points and areas that are pretty unstable, there are two areas that continue to hold strong: real estate and classic cars. Experts are seeing an upsurge in both collector car and residential real estate investments – and those areas continue to experience growth leading to projections that when it comes to sinking your money into a venture, these two areas are safe bets. Despite the economy’s downturn, this past decade has seen the wealthy population grow exponentially. Since 2006, the number of people who have $30 million or more has increased by 61 percent. What’s more, that number is expected to continue to grow, increasing by 41 percent by 2026. As a result, certain things that may be considered luxury items such as coins, art, furniture, and wine have more than doubled in sales while watches and Chinese ceramics are not too far behind. Classic cars take the prize though, carrying an appreciation value that averages 490%. As millennials come into their own and baby boomers fade into the shadows, this surge in the market may subside. Experts say that millennials are not as interested in vehicles as the baby boomer generation is and that interest is what has been sustaining and driving the market. If the interest is not there, the market could easily die off, crushing the classic car market. Then again, the millennials are a massive population with the oldest portion hitting 35. Generation X is also expected to keep the market afloat for a very long time – for decades. Plus, cars just seem to have a draw, an enticement that fascinates people. The classic car market is not likely to every completely die out. The residential real estate market is also enjoying a thriving market – giving it something in common with classic cars. Who would have thought? We have great finance companies in place that will make your dream a reality!
Classic cars have always been a good market to invest in, not only do you get to enjoy your investment but they appreciate over time with a great return in investment. Although each investment class or as we call them make and models have there ups and downs they will always be a great investment. As we see the early 1900's cars settle in at their current values we still see opportunity in them. As many classic car owners, investors, and sideliners ask us about the classic cars dying because of the generation change this is our response. Although I don't remember what it feels like to be racing down front street in a 1962 impala 409 4 speed I do how ever know what cool is and that car is cool, rare, and still fun to drive. As I purchase this amazing blue car I imagine my kids riding along in my classic feeling like they are the coolest thing since James Dean. And when they grow up they are going to want to regain that feeling. Although desires will change and the cars will get modified history repeats its self and so will the need to capture what a classic car really does for you!
We often get asked,"why should I consign my classic car with you instead of just taking it to auction." Well, high pressure to sell your car in seconds and extremely high fees on sellers side along with buyers side. Auctions are all about make split second decisions on high emotions and thats not just on the buyers side, auctioneers are trained to get your reserve off and get you to sell your car no matter what price, thats how they make there money! With a classic car dealer you have time to detach from your pride and joy and you know your beauty is going to a good home. You also get some of the same benefits of a auction, your not going to get called a hundred times from prospective buyers and your not going to have to deal with the new owner!
When Dave Kindig puts his eyes on a 1939 GM Futurliner restoration he knew he had to bring back this piece of history! Every bolt, nut , and panel has been taken apart restored and fit better than NEW!
As 2017 winds down and 2018 gears up the classic car market is continuing to get hotter and hotter. We are seeing a 10 - 15 % increase across the board on muscle cars and 80's classic cars. We ofter find trends within any given genre of cars, but every car has a potential for a new home. As we always say there is a buyer for any car at any price. So if your looking for an investment we strongly recommend buying 80's chevy cars!
As trends change and demand changes we like to help our buyers know whats hot and whats cooling down when it comes to classic cars and trucks. Right now we are seeing a overwhelming increase in modified trucks that are driver quality. People seem to have no end to what they will spend on a cool custom truck. With prices just a few years ago only bringing $20,000 they are now seeing 20-40k on the market place. So finding a cheap classic truck to start out with is only getting more expensive. You can now expect to pay $10,000 for a builder truck. Here is a picture of what to expect for 10-12K.
The WE4 (Turbo T) package was offered in Buick's 1987 regals. On November 11, 1986 the dealerships were notified of the change. It was to be offered as a car that is similar in appearance to the Grand National, but lighter in weight. So in theory the WE4 is faster and at a lower price than the Grand National. This was "faster" back in 1987, many of the cars have been modified and with 14 years of age to the car and drivetrain it is not likely that the WE4 holds the same peformance advantage over the Grand National as it once did. The WE4 package is a much misunderstood option. Even the dealerships are still confused, as they call my car a "T-Type." There were only 1,547 of these cars made compared to the 20,194 Grand Nationals that were made in 1987. It is not the rarest turbo regal but it is still very rare. The WE4 was simply a Grand National, with some changes. The spoiler was not an option that was included with the package, it could only be ordered as a dealer installed option. The wheels were changed from the steel GN wheels to the aluminum 'T' wheels. The interior was now all gray. It is said that the bumper braces were aluminum instead of the GN's steel braces. Lastly, the WE4 came with 'T' badging. The WE4 package cost $279 less than the Grand National(WE2) package. Turbo Regals hold their value more than the other G-body cars, just to compare apples to apples. A WE4 would sell for much more than a Monte Carlo SS that was in the same condition. In 20-30 years the WE4 will become more sought after as it is rare yet it will be easy to get parts for (same parts as GN). We will see in the future how the WE4 writes its chapter in Buick Motorsports history. As the Grand National is more popular now time will tell what will be the champ. Here is a great example of a WE T - http://americanclassicsandhotrodsmn.com/products/view/ttypeturbo
As 2018 starts American Classics and Hot Rods of Minnesota is fired up and starting to move full steam ahead in what will be a record year in sales! What will create these sales? Over the past few years we have been working on affiliate programs that will bring more buyers and sellers together than any other traditional classic car dealership. We understand that the way to sell a car is still through people but how we reach those people has changed tremendously, and the key to successfully getting in front of buyers is to coordinate affiliate sales people from around the country. We have the system and the resources to make this happen in 2018! So if your looking to make some extra money, sell a classic car, buy a classic car, or looking for a career change look no farther than American Classics and Hot Rods.
Here's a little known fact about the Northern states and our love of classic cars. Minnesota and Wisconsin produce some of the most classic cars for sale compared to any other state in American. Maybe its our love of cars or our work ethic or the 4 months of freezing weather that drives us to build classic cars but non the less we love our cars and we love to build classic cars. Even though the West Coast gets the tv attention the midwest does the heavy lifting of bringing back more classic cars to life than any other state!
We are branching out to get a sales rep in every state. Today Steve Bonilla joins our team of enthusiastic classic car salesmen. He brings passion to what ever he does and he is sure to help get your classic car sold or bought. If you are looking to get a clean classic car or truck we have boots on ground to help find and buy your dream car!
Who we are American Classics and Hot Rods was started by Classic Car enthusiasts that were tired of the games, misrepresentation and flat out fraud in the industry. You can rely on the team at American to ensure you get a fair shake. We will be here for years down the road. Thanks for trusting American Classics and Hot Rods with your consignments, money, and time.
American Classics and Hot rods is pleased to announce the spring time sale! Over half our inventory is being reduced down to clear out the old classics cars for sale (no pun intended) to make room for what we feel will be the hot items for 2018 spring to fall. If your in the market for a classic car check out our inventory NOW!