When it comes to owning and maintaining a classic car, it’s all about preserving its value. Even the most minor things can deflate a vehicle’s value, but does repainting a classic car reduce its value?
We’ll answer that and more below in our helpful explainer.
When a Paint Job Lowers a Car’s Resale Value
Generally speaking, repainting a classic car doesn’t reduce or typically affect its value—but there are some notable exceptions. A paint job can devalue a classic car if it’s poorly applied or features a polarizing color or design.
Like with any work done to a vehicle, the quality of the work will affect its value. This is especially true with a classic car. A quality new paint job can be a boost, but if applied haphazardly or poorly, it’ll show, making the vehicle look cheap and ordinary.
The color of the new exterior paint can also drastically affect the value of a classic. In most cases, the color is irrelevant if it’s a neutral or relatively standard color.
But a polarizing and outlandish shade can deter potential buyers and make the vehicle an eyesore. When choosing a new color for a classic car, it’s almost always best to go with a neutral or muted shade that won’t dissuade any potential buyers in the future.
Lastly, car owners should be wary about applying a new color scheme and design to a classic vehicle. If you want to give your car a unique design, it should be relatively simple and fit with the car’s aesthetic—like a racing stripe.
A wild and eccentric design—flames, stars, logos, etc.—can instantly ruin the appeal of a vintage vehicle. If you think you’ll own your car for life, make it look however you want! But if you’re going to capitalize on your asset’s value, keep it simple.
How a New Paint Job Can Improve a Classic’s Value
While many classic car owners are wary of repainting their classic car, a fresh coat of paint can improve the value of a collector’s car. A new paint job can go wrong in many ways, but it can also enhance a classic car’s value.
Ideally, a classic car’s paint should emulate the original color and scheme of the vehicle. Collectors always value a car being close to the authentic look, and a new paint job of the original color can greatly enhance its look and value. Plus, it’s better for the vehicle if a new paint scheme covers up and removes rust and sunspots. To preserve the collector’s value, ensure the new color fits the classic car’s overall aesthetic and you apply it correctly!