Friday, January 25, 2013

Interest in Classic Car Rentals Explodes

by Andrea L. Algar
Motorheads Performance

Today the message has become clear. Interest in Classic Car Rentals is at an all-time high!

The most-read article of our blog is an article with a list of companies which offer Classic Car Rentals in Texas. We've noticed a dramatic increase over the last two to three months. We get callers almost daily now asking for referrals all across the country. Why this may be happening I can't say for sure, but it would seem logical with the tough economy many seeking the thrill of driving a terrific old classic car or truck are turning to rentals rather than making the big investment in owning one.

1947 Buick Roadmaster

This is troubling news for many, and good news for others. Certainly the rental companies are happy -whether a privately owned vehicle which is rented out for weddings and special occasions, or larger shops that may have a half dozen or more antique cars and trucks, classic cars and/or muscle cars to offer up for short-term rentals.

The news for classic car dealers or consignment shops where they sell classic vehicles is probably more bleak, as it does signal a problematic slow-down with potential buyers. Basic economics have shown us that when "cash in" slows down, "cash out" does too.

This economy continues to trouble businesses that deliver discretionary products and services. Big-ticket toys and extravagances tend to be put on hold until people feel more secure about their jobs, cash flow, debts already carried, and a host of other factors. The trend towards renting over buying is indeed troubling.

But, these specialty automotive rentals can be hard to find. They're just not available everywhere. I found that out while researching my Texas list. That's why I want to help those who are looking for quality classic car rentals. Look for my upcoming list that expands out of Texas and across the country!

For those still interested in purchase over rental, Guy Algar states, "Don't lose hope. This can be an excellent time to pick up a great project while the market is down and some need to cash out. You might consider a restoration in stages, usually in the order: engine, performance, wheels and suspension, body, paint, trim and interior. Remember, you can drive your classic without a fresh coat of paint and a few blemishes, but you'll get nowhere fast without a well-running engine! Staging your fix up project can make your purchase possible, relieve a lot of stress and worry, and it sure helps the wallet. Consulting with a Project Planner like myself can help you make the best decisions. Planning allows you to break down steps in big chunks or in small steps depending on your budget and allowed timeframe." We'll take a look at Project Planning Services in an article next week.

In the meantime, we're excited that the interest in classic cars, muscle cars and old cars and trucks in general is still alive and well, even if the playing-field has changed somewhat.

REFERENCES / RESOURCES FOR MORE INFORMATION:
Classic Car News - Buying A Classic Car or Muscle Car
Classic Car News - Classic Car Rentals Available In Texas
Classic Car News - Estimating Old Car Restorations

ABOUT THE AUTHOR:
Andrea L. Algar is co-owner of a classic car performance and restoration design shop in Leesville, Texas. Motorheads Performance specializes in repairs, maintenance, performance upgrades and restorative work on cars and trucks from the 1920’s through 1970’s. Her husband Guy L. Algar is a Mechanical Engineer with over 25 years experience. He holds 5 ASE Certifications from the National Institute for Automotive Service Excellence and has been working on old cars and trucks for over 37 years. Together they share their passion for old cars and trucks with other enthusiasts from around the country.

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