Classic Cars for Sale in Portland, OR (2024)

FAQs

How old does a car have to be to be a classic in Oregon? ›

Your vehicle must be maintained as a collector's item; and • Your vehicle must be one of the following: o At least 25 years old; o Sanctioned as Special Interest; o A street rod; or o A high-mobility multipurpose wheeled vehicle (HMMWV).

Key Takeaways. For the automotive enthusiast, one way to diversify an investment portfolio is to start collecting classic cars. Most cars lose value immediately after they are driven off of the dealer lot, but classic cars gain in value over time, due to rarity, performance, or special attributes.

The Market Rating has dropped 19 of the 22 months since its 78.22 peak in the summer of 2022, to its lowest value in three years. That said, its current value of 65.41 is still higher than any point in the four years leading up to the Market Rating's most recent surge.

Depending on how your car is classified, you may be allowed to use it only for exhibition or club purposes or to take it to a repair shop for maintenance. Violating these restrictions can have serious consequences, including fines and the revocation of your antique registration.

Oregon-based commercial vehicles with a GVW between 10,000 and 26,000 pounds, operated solely in Oregon, will register with Driver and Motor Vehicles (DMV) to get a “T” plate.

For insurance and registration purposes, the age of a classic car, in most cases, is at least 20 years old but not more than 40 years old.

A detrimental element that will quickly ruin your classic beauty is a salty or muddy road. Just a few rides on roads salted for snow can cause serious rust damage to your car's undercarriage and paint job. Allowing too much mud or road grime to collect on your classic can lead to serious corrosion as well.

“Regular maintenance from specialists who understand these specific models can mitigate some issues, but a higher frequency of breakdowns should be expected compared to more modern classics.”

Does mileage matter on a classic car? ›

Mileage holds an important place in valuing classic cars, as it provides vital information about the car's usage and wear over time. Generally, the lower the mileage, the more desirable and valuable a classic car becomes.

Bill amended so pre-1976 vehicles will not be banned from roads. California is continuing its push to clean up its air by trying to block more older vehicles from staying on its roads. But unlike earlier versions, classic cars still will be allowed to cruise the California highways.

The financial crisis has forced people to look for new reliable sources of investment, so they put money into vintage cars. A new car gets cheaper every year, but a retro one, on the contrary, gets more expensive every year; it can generate as much income as stocks or real estate.

Hagerty's data refutes the belief that younger people are less interested in owning classic or collector vehicles than previous generations. For example, 53% of Gen Z, 57% of millennial and 49% of Gen X respondents were “very interested” in owning a classic car.

A 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupé is the most expensive car ever sold, having gone under the hammer for a staggering $135m in 2022 - the equivalent of £114.4m. Previously owned by Mercedes-Benz, the car was sold by RM Sotheby's at the Mercedes-Benz Museum to an anonymous buyer.

1. Ford F-Series. The Ford F-150's offers the best attributes of a modern pickup: power, efficiency, comfort and capability. Add to that a huge range of configurations and options, and you've got the best-selling vehicle in America for 2023.