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Determining the Market Value of Your Classic

By Tony and Michele Hamer, About.com

5 of 7

Inspect and Rate the Mechanics

Engine Operation
  • Does the car start and the engine run? If not, there is no way to appraise the engine or most of the cars other mechanical components.
  • If the car starts and the engine is running, listen for expensive sounding noises.
  • Stand behind the car at the first start up and look for any smoke coming from the tailpipe. Blue smoke would indicate the engine is burning oil.
  • While the engine is running, check the oil pressure; it should be at midrange.
  • When checking the engine’s oil, is it fairly clean or is it black and thick which would indicate long intervals between oil changes and possibly poor maintenance and care.
Points_______

Engine Compartment
  • Inspect the general condition and cleanliness of the engine compartment.
  • Does the wiring appear to be in original and good condition?
  • Is there frayed insulation and obviously un-original wiring patched in?
Points_______

Breaks and Steering
  • If you drove the car out on the highway would you feel safe in doing so?
  • Do the brakes stop the car within a reasonable distance without pulling to the side or making grinding or screeching noises?
  • Is the steering tight? Does it keep the car in a straight line with minimal correction, or is there an excessive play which would mean some or all of the steering components need rebuilding.
Points_______

Transmission
  • If a car is equipped with a standard transmission, check the condition of the clutch; does it engage smoothly and fully disengage the transmission.
  • If the car is an automatic, are the shifting points smooth or does the transmission seem to slip, especially under acceleration?
  • Check the automatic transmission fluid. The color should be bright red and not brown with a burned smell. This would indicate the transmission has internal damage and will need an overhaul.
Points_______

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