Pegasus Classic Motors

Pegasus Classic Motors is a small classic and muscle car dealer at 617 NY-52 in Walden, New York, in the Hudson Valley's Orange County. Its site describes the business as buying and selling "high quality Classic and Muscle Cars," taking cars on consignment, finding specific cars for buyers and arranging worldwide shipping. The company says it has 40 years of experience in the classic car world, though it does not state when the business itself was founded.

How the business works

Pegasus works two ways. It sells cars it has bought for its own inventory, and it takes cars on consignment from owners. For its own stock, the company says it buys from local individual owners, collectors and auctions around the country, and that it thoroughly inspects every vehicle it considers adding so that, in its words, problem cars do not end up with customers. The company also frames its approach as relationship based, saying classic car ownership should be an enjoyable hobby.

What Pegasus sells

The inventory leans toward American cars from the 1970s through the 1990s. The sold archive on the company's site covers about 40 vehicles from model years 1968 to 2003, with a lot of Cadillacs, Lincoln Town Cars and Oldsmobiles, plus a Pontiac GTO, a Corvette convertible, a Mercedes-Benz 600 SEL and a few trucks. When checked, the Cars for Sale page showed just one vehicle still available, a 1980 Cadillac Eldorado Biarritz listed at $31,999, so stock is thin and turns over quickly. If you are shopping for a particular car, the company's car locating service is aimed at that situation. Its site says it will search for a specific vehicle on a buyer's behalf.

Buying from Pegasus

The company's site lists financing for classic cars and worldwide shipping, and says Pegasus handles advertising, negotiation, financing and delivery for its sales. It did not publish details on lenders, deposits or shipping partners, so ask about each before committing. Buying at a distance is common with small dealers like this, and the usual precautions apply: get the VIN and title status, ask for a walk-around video, and consider an independent inspection.

Consigning a car

The consignment page is the most detailed part of the company's site. It says there is no upfront consignment fee and no recurring monthly fee, that sellers are paid by check or wire transfer once the buyer's payment clears, and that each car gets photos, video and a written description with local, national and worldwide exposure, with eBay Motors emphasized. The listed process runs from an inspection and market valuation through collecting a copy of the title and driver's license, verifying the VIN, signing a consignment contract and posting the car, which the company says happens within a few days.

The company also sets requirements. The consignor must be the registered owner on the title, open titles are not accepted, the car must be detailed (Pegasus says it can provide that service), and a CARFAX report is required for 1981 and newer models. The page does not publish a commission schedule, so ask for the full terms in writing. For background on how these arrangements usually work, see selling a classic on consignment.

Reputation

Pegasus has a small public review footprint. A Birdeye profile for the business draws on only a handful of Google reviews, too few to treat as a meaningful rating, and no Better Business Bureau profile turned up during research. Judge it the way you would any small dealer: ask for references, verify paperwork and check each car on its own merits.

Visiting and contact

The dealership is at 617 NY-52, Walden, NY 12586. Its site does not publish business hours, so call 845-713-5090 or email [email protected] before driving out. To compare other options nearby, browse New York classic cars for sale.