Identifies vehicle type or manufacturing division. Identifies VIN accuracy as check digit. Identifies the model year. Identifies the assembly plant for the vehicle. Understanding the cars vehicle identification number has become very popular with car collectors for new and old vehicles alike.
Collectors can confirm a vehicles uniqueness, collectability and date of production.
Consider this- owning one of the last cars off the assembly line for a certain year or model or how about owing one of the first 50 of a new model off the assembly line. In a sense, insuring a classic auto is like insuring any other kind of antique. You see, a classic car may be often made of irreplaceable parts. When you need to file or make a claim on your 1993 Cavalier, the claims adjuster has a little book that that tells him how much the car is basically worth. But the value of your 1967 Corvette may be a bit harder to determine, especially if you've put a lot of work into the car.