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A classic car is an older car; the exact definition varies around the world. The Classic Car Club of America maintains that a car must be between 20 and 40 years old to be a classic, while cars 45 years and older fall into the Antique Class. In the UK 'classic cars' range from Veteran (pre first world war), Vintage (1919–1930), Post-Vintage (1930s). Post second world war cars are not so designated.Contents .
Classic Car Club of America
The Classic Car Club of America defines a CCCA Classic as follows:
A CCCA Classic is a "fine" or "distinctive" automobile, either American or foreign built, produced between 1925 and 1948. Other factors, including engine displacement, custom coachwork and luxury accessories, such as power brakes, power clutch, and "one-shot" or automatic lubrication systems, help determine whether a car is considered a Classic.
Any member may petition for a vehicle to join the list. Such applications are carefully scrutinized and rarely is a new vehicle type admitted.
This rather exclusive definition of a classic car is not universally followed, however, and this is acknowledged by the CCCA: while it still maintains the true definition of "classic car" is its, it generally uses terms such as CCCA Classic or the trademarked Full Classic to avoid confusion.
United States legal definition
Legally, most states have time-based rules for the definition of "classic" for purposes such as antique vehicle registration; for example, Most states define it as "A motor vehicle, but not a reproduction thereof, manufactured at least 20 years prior to the current year which has been maintained in or restored to a condition which is substantially in conformity with manufacturer specifications and appearance."
Despite this, at many American classic car shows, automobiles typically range from the thirties to sixties. Examples of cars at such shows include the Chevrolet Bel-Air, Ford T-Bucket, Dodge Charger, Chevrolet Deuce Coupe, and 1949 Ford. Meanwhile, the Concours D'Elegance car shows feature prestigious automobiles such as the Cadillac V16 or pre-1940 Rolls-Royce models. "Classic" cars at these shows seldom go beyond 1972. Any cars from 1973 onward are defined as "modern customs", "exotics", or "collectibles". For interest, cars such as the AMC Gremlin or Ford Pinto may be exhibited.[citation needed]
Americans are divided on the exact era in which a "classic car" can be identified. Many Americans divide automobiles by separate eras: horseless carriages (19th century experimental automobiles such as the Daimler Motor Carriage), antique cars (brass era cars such as the Ford Model T), and classic cars (typically 1930s cars such as the Cord 812 through the end of the muscle car period in the 1970s – a majority use the 1972 model year as the cutoff). The late seventies are disputed as being "classics", as the oil crisis of 1973 brought several now-infamous cars such as the Ford Pinto and AMC Gremlin. The 1980s are often viewed as the early modern period due to the rise of Japanese automakers such as Toyota and Nissan.
Antique Automobile Club of America
The Antique Automobile Club of America defines an antique car as 25 years or older. A Classic is defined as 20–45 years old.
There is no fixed definition of a classic car. Two taxation issues do impact however, leading to some people using them as cutoff dates. All cars built before January 1, 1973, are exempted from paying the annual road tax vehicle excise duty. This is then entered on the license disc displayed on the windscreen as "historic vehicle" (if a car built before this date has been first registered in 1973 or later, then its build date would have to be verified by a recognized body such as British Motor Heritage Foundation to claim tax-free status). HM Revenue and Customs define a classic car for company taxation purposes as being over 15 years old and having a value in excess of £15,000. Additionally, popular acclaim through a large number of classic car magazines plays an important role in whether a car comes to be regarded as a classic. It is all subjective and a matter of opinion. The elimination of depreciation is a reason for buying a classic car; this is a major cost of owning a modern car. Picking 'future classics' that are current 'bangers' is a pastime of people into classic cars in the UK. Successfully picking and buying one can result in a profit for the buyer as well as providing transport. An immaculate well cared for prestige model with high running costs, that impacts its value, but is not yet old enough to be regarded as a classic, could be a good buy, for example.

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