Choosing a car that is going to keep you safe and entertained can feel like a huge decision, especially if you are torn between investing in a classic car or a modern vehicle. Indeed, there are a great number of differences between the two.
Whatever your decision, you will need to take out car insurance to protect both yourself and what should be your prized possession in the event of an accident. Staveleyhead, for example, can offer you a tailor made insurance policy for your new buy whatever its size, age or design.
Perhaps some of the main factors to take into consideration when choosing between a classic or modern car are running and maintenance costs. When it comes to insurance and keeping insurance costs down, it can be more difficult to find lower premiums for classic cars compared to modern cars. Most insurers accept classic vehicles typically defined as cars that came on the market between 1939 and 1969 – on their ordinary car insurance policies. However, the main drawback to insuring such vehicles in this way is that you may find that you face high premiums, or that your car is overvalued.
If you decide on a classic car, an alternative may be to sign up to a specialist insurance policy. With this type of policy, you benefit from an agreed value clause if your car is in an accident or stolen, though you may find yourself restricted in terms of where you are allowed to drive your car or store it.
Another important issue to bear in mind when choosing between a classic or modern car is safety. Classic cars, for example, tend to be larger and so provide more protection to drivers and passengers in the event of an accident. However, they fail to incorporate curtain and side airbags, unlike modern cars that tend to have them fitted as standard. Smaller, newer cars fitted with airbag technology thus boast an additional element of safety than their classic counterparts.
Another area modern cars also tend to fare better is in the structure and flexibility department. Modern cars are designed to be more ‘bendable’ so as to absorb the impact should an accident occur, meaning drivers and passengers are better protected. Newer cars are also equipped with ‘electronic stability control’ technology to anti-lock brakes – something that classic cars are without. This feature offers drivers increased control over their vehicle and helps reduce the risk of car crashes as a result.
Before making your decision, be sure to do sufficient research regarding running costs – a car’s tax band and fuel consumption, for example – to maximise your chances of finding the perfect car for you.
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