Buy & Sell Used Classic Car Vintage in India, Second Hand Cars in India (2024)

FAQs

What are the rules for vintage cars in India? ›

Vintage motor vehicles can not be regularly driven on public Indian roads for private or commercial purposes. They can only be taken to exhibitions or the occasional drive. The vintage vehicle registration process is mandatory. The registration fee is ₹20,000 for a fresh registration and ₹5,000 for a re-registration.

We found that some of the best places to sell your classic car online are AutoTrader, Hemmings and ClassicCars.com. All three companies offer different advertisem*nt packages, some of which include featuring your ad more prominently in search results.

India allows vintage car imports only when the concerned vehicle is manufactured on or after January 1, 1950. Thus, you cannot transfer a vintage vehicle from the 1920s into the country.

Also known as classic cars, any four-wheeler can be categorized as a vintage vehicle if it is at least 50 years old, well maintained in its original form and has not undergone any modifications.

Vehicle Scrappage Policy

According to the Motor Vehicle Laws, a vehicle is considered fit for only 15 years. After 15 years, the vehicle pollutes the environment more than any new vehicle. In 2022, automated testing was used to inspect commercial vehicles.

The RTO has laid down rules for scrapping old vehicles in India. As per the norm, cars that are older than 15 years cannot be used. Though they can be transferred to a new state for re-registration, it is a hassle. Instead, one can scrap the car.

Once you've have a price in mind, it's time to put your car on the market. Consider taking out advertisem*nts in the local newspaper and other automobile publications. Another way to find interested buyers is to network at automobile shows, auctions, and other events that attract people in the automobile industry.

In good or better condition: A classic car that is well-maintained and needs no repair work will hold its value better. Plus, you won't have to sink more money into restoring it, giving you a better chance of selling it for a profit down the road.

How Much Can a Car Flipper Make? On average, you could make about $1,200 per car, but the amount varies based on your success. Most entrepreneurs who flip vehicles do so alongside their full-time job. If you only flip a few vehicles annually, you may not have a considerable overhead cost.

- Newer cars must be imported only via the naval ports of Mumbai, Kolkata, and Chennai. Used cars, not older than three years from the date of manufacturing, can be imported via Mumbai only. - The speedometer must display values in kilometres, not miles. - The car can only be imported from the country of manufacturing.

What is the tax on importing vintage cars in India? ›

Presently, India imposes a 100% customs tax on imported cars with Cost, Insurance and Freight (CIF) value exceeding USD 40,000. For vehicles with CIF below USD 40,000, you will be charged 60% import duty. Import tax on cars in India for used vehicles is 125%.

Importing a car is only possible via naval docks situated in Mumbai, Chennai, and Kolkata. Thus, the car should be brought to India via any of these ports only. The car should be either loaned, leased, registered or sold. It is important that the vehicle is roadworthy.

Classic cars are at least 20 years old but not older than 45 years, while vintage cars are 25 years or older. Antique cars are even older, at least 45 years old. Keep these classifications in mind, as it can get even more confusing when searching for cars online.

The amendment said vehicles older than 50 years are classified as “vintage”. The vehicles registered as “vintage” need not be scrapped. However, they are not to be driven on roads or used for commercial purposes. There are around 10,000 registered vintage cars in India.

The starting classic car age range can generally be anywhere from a minimum of 10 to 25 years old, but there's no agreed-upon minimum age that categorizes a car as a classic. Insurance companies, car collecting clubs, and state BMVs and DMVs all have their own methods for defining a classic car.

Can we use a car or bike after 15 years? According to the Central Motor Vehicle Rules, private vehicles need to be re-registered after 15 years and commercial vehicles after 20 years for every 5 years. These vehicles can then ply on Indian roads until they fail the fitness test.

Classic cars are at least 20 years old but not older than 45 years, while vintage cars are 25 years or older. Antique cars are even older, at least 45 years old. Keep these classifications in mind, as it can get even more confusing when searching for cars online.

Modified exhaust systems that produce excessive noise levels beyond permissible limits are illegal and contribute to noise pollution. Swapping exhaust systems also requires RTO approval. Moreover, post-modification noise must stay within legal limits – under 100 decibels specifically.