Classic car: definition, registration and insurance

A collectible car is an old car over 30 years old that has been discontinued and has not changed in performance. This allows him to receive a certain gray card. But tax authorities or insurers also classify other cars as vintage cars.

📅 How old is a vintage car?

A-priory classic car it is an old car, preserved for aesthetic or historical reasons. But a vintage car is not just an old car. Indeed, the mention of "Collector's car" in the registration certificate of the car meets several conditions:

1. The car must be of a certain age ;
2. Its characteristics should never be changed.that includes catering, which therefore must respect them;
3. Car production must be discontinued.

The age required to obtain the status of a collection vehicle is 30 years... However, granting this status is not neither mandatory nor automatic... You must request this. This allows you to obtain a vehicle registration certificate, which gives you several advantages:

• A vintage car is not not subject to traffic restrictions and a Crit'Air sticker;
• Le technical control vintage car only every xnumx years and not every 2 years;
• You can wear plaques for immatriculation specific, black, no regional identification;
• If it's a foreign car, you exempted from national approval.

Request made on Teleservice ANTS (National Agency for Protected Titles). You will need the following documents:

• Copy of the old Gray Card or proof of the origin of ownership of the vehicle;
• Acquaintance certificate manufacturer or FFVE (French Federation of Vintage Cars);
• Sworn statement that you have insurance and a driver's license for the car.

You will need to pay the cost of the card by credit card, which will allow you to receive a file number and a temporary registration certificate with which you can travel in France for one month while waiting for your gray card. It will be delivered to your home in a secure envelope.

🚗 Can we drive a vintage car every day?

A classic car is generally not designed for the daily commute. In the past and until 2009, retro cars even had geographic traffic restrictions and couldn't travel the country.

If this is no longer the case, the collector's registration card removes the character of the car. use car... You cannot use it as a professional vehicle or transport goods or people for a fee.

However, that doesn't mean you can't take your vintage car to the office! Legally, nothing prevents you from driving every day with a vehicle registered in the collection. To stay in good condition, your car even needs to be driven regularly.

🔍 Which classic car to buy?

Buying a vintage car can be motivated by a love of fine mechanics or an investment. These cars can indeed be seen as an investment and even offer tax benefits such as:

• A vintage car is not not taken into account when calculating ISFlike a work of art;
• As a collectible, the imported car can be customs clearance and benefit from Reduced VAT (10%) in accordance with the terms of the circular dated January 16, 2013 No.

The IRS does not rely on a gray card to decide that a vehicle is subject to a claim and is based on other criteria. If it is over 15 years old, less than 1000 units have been built and the manufacturer no longer maintains the model, this is a collectible car!

If you are buying for investment, you should pay attention to Cat this classic car. V youngtimersCars that are not yet eligible for collection vehicle status but will soon become so often represent a win-win bet.

It should be understood that vintage cars are a real market, which, moreover, is growing strongly. This is important to know if you want to invest. Vehicle ratings are available online without too much trouble.

If you want to buy a vintage car for yourself and your pleasure, it all depends on your budget and your taste! When calculating your budget, do not forget to take into account maintenance, because a classic car has a certain cost.

📝 How to insure a vintage car?

All land vehicles must be insured, and vintage cars are no exception. A vintage car can benefit from specific coverage : Many insurances offer special contracts for vintage cars.

In general, insurers love even vintage cars! Their owners usually care a lot about them, they drive less, take less risk and therefore often receive higher premiums.

Therefore, classic car insurance prices are often profitable... Please note that insurers do not necessarily dwell on the age of your vehicle in order to offer you this type of contract or its registration document. Indeed, the rarity and value of a car that has not yet reached its 30-year mark may be enough to qualify for collectible car insurance.

One final benefit of special insurance: in the event of a claim, you are insured according to a collection rate higher than that of Argus. But, of course, it is not at all necessary to insure your vintage car in this way: you can opt for classic insurance. However, this is more risky and you will pay a higher deductible in the event of a claim.

However, in order to obtain a classic car insurance, several criteria must be met:

• Be at least 21 years old ;
• There is driver's license at least 3 years ;
• Do not haveAccident within the last 2 years ;
• Buy another car, younger and not a classic car, for everyday travel.

💰 How to sell a vintage car?

Before you start selling your vintage car, it is important to prevent any potential scams and make sure you are selling it at the correct price. For this you need rate your vintage car and in particular to know his rating.

There are online services for this. You can then sell your vintage car through classified ads, auctions, or through your network if you know other collectors. Selling a classic car is usually the same as selling a classic car.

However, selling a vintage car exposes you sales price taxes... To be exempt from tax, it is necessary that the sales proceeds do not exceed 5000 euros, for the transfer to be made to the museum or that you have owned a car for at least 22 years.

Now you know all about vintage cars, their definitions, their benefits and the rules that surround them! The latter took shape mainly in 2009, sharply increasing the number of collection of transport documents. Today these cars represent a real market that has continued to grow in recent years.