Insider tip for buying classic cars - Colombia, El Dorado for collectors and speculators

Anyone who has already considered buying a classic car is certainly informed about the current market prices. It's almost impossible to find bargains in Europe anymore - but where, if at all, is this still possible? Our insider tip for possible classic car bargains is therefore Colombia!

First of all, it has to be said that in countries like Cuba or Venezuela, where it is well known that a lot of classics – mainly of American provenance – eke out their existence, these are out of the question for the classic car collector. These vehicles are not looked after there like they are here and are used purely as a means of transport. Unfortunately, the condition of these vehicles, which are so valuable here, is accordingly. And in Brazil and Argentina there are almost no more classics and if there are, then these are available from the various collectors at the usual market prices.

The insider tip for buying a classic car is Colombia

But now we come to the insider tip: Colombia! Not only the cocaine produced there attracts many Europeans, but also the number and price of well-kept classics! In Colombia there are still a large number of classic cars, almost all brands and years of construction (!), available - but at a price of an ordinary used car.

Many owners almost "give away" their precious automobiles in order to buy a newer vehicle. In the prevailing mentality, "old" and "used" are not worth much. However, this market could become a highly interesting "El Dorado" for collectors and speculators. You can easily find the vehicle you want in the various advertisement sections of the newspapers.

Insider tip for buying vintage cars - El Dorado for collectors and speculators

However, those interested in buying should not travel to Colombia head over heels on their own, as a certain amount of preparation is required. Well, like most of Latin America, people with English language skills are very rare. That's why you should be able to speak Spanish - especially when dealing with authorities for export customs clearance.

Traveling further in this country is not without its dangers: left-wing extremist guerrillas (FARC) and other armed groups are still up to mischief there, which unfortunately leads to numerous kidnappings and murders. Another, but much more convenient option is to use specialized commercial agencies, which will photograph the desired vehicle for a fair price and have it technically checked on site.

You play it safe that you have a Oldtimer buys in the original condition, which is technically and optically in the corresponding condition. It should be mentioned that there may be delays in import customs clearance due to drug checks in the vehicle. Every classic car aficionado can now select a variant for the insider tip for buying classic cars in order to profitably fill up his classic vehicle fleet.

Image source and author: Brigitte Swoboda
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