Wood Doll Crib

Car lovers all over the world have an interest in cars of all ages. Antiques seem to be especially popular though when it comes to restoration projects and personal collectibles. It can be difficult to determine what exactly makes a car an antique. This is something that many people continue to disagree on. However, there are a few specific points that you can take into consideration when trying to determine whether or not your car might be an antique. Listen to the pros for the best tips and advice rather than assuming or listening to someone with little antique car knowledge.

The Classic Car Club of America has their own official definition of what make a car an antique. They define an antique car as one that has been built between the years 1925 and 1948. The car can be from America, Europe or otherwise imported as long as it matches those production years. Of course there are other sources that tend to vary from this definition. It's wise to seek more than one opinion.

There are other factors that play a role in whether or not a car is classic or antique. Things like engine displacement and automatic lubrication systems indicate that a car is an antique. There are other features too that can be considered so if you are not sure about something on the older car that you own, ask a professional for assistance.

The Classic Car Club of America keeps a list of the many cars that they consider to be classics. You can log on and check this website any time to see if your car is on the list. Also, if you are looking at a certain type of collector car, you can see if it is on the list before you buy it.

For the most part, in the United States a classic car is one that is twenty-five years or older. This is the definition that is given by the Antique Automobile Club of America. Of course this definition does not apply everywhere. Many insurance companies have their own definition of what makes a car an antique for legal purposes. If you plan to purchase and insure one of these cars, consult your insurance company for an accurate quote first.

The definition of what makes a car antique can vary among insurance companies. Always consult one that claims to deal in classic cars. A regular insurance company that deals only in commuter cars will have little knowledge of how to deal with the proper definition and insurance of an antique car.

If you would like to add a classic car to your personal collection then you should make your choice based on what you love. It's simply not wise to invest in an antique car with the sole intent to make money from it in the future. It's not a guaranteed investment and should not be something that you use only as a means to make money. Enjoy the classic car that you choose regardless of its predetermined status.

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The new IRS rules for vehicle donation went into effect January 1, 2005. The new rules have significantly changed the amount most donors can deduct for their car donation, according to Karen Campese, CEO of cars4charities, a national non-profit car donation center. The old law allowed the donor to deduct the fair market value of their donated car. They were allowed to use a pricing guide such as the Kelley Blue Book or the National Automobile Dealers Association Guide to determine the fair market value of the car., says Campese. Now, people who donate older, less valuable cars can deduct up to $500.

Those who donate more valuable cars can only deduct the amount the charity sells the car for. In most cases, the amount the charity sells the car for is less than the Blue book amount. In order to guarantee the donor the best tax deduction possible cars4charities now sets a minimum selling price on better vehicles. According to Campese, "This rule change has resulted in a big decrease in the number of more valuable cars being donated to charity and a big increase in number of less valuable cars being donated."

Karen Campese is the CEO of cars4charities, a non-profit car donation center.

For more information on car donation, call cars4charities at 1-866-448-3487 or log onto their website http://www.cars4charities.org.