My Car Quest

August 21, 2017

Seven Affordable Classic Cars – Part 1

by Mike – 

The definition of affordable is different for different people. My definition for this post is $75,000 or less (all currencies numbers here are US dollars).

I have personal experience with some of these models and with others I have admired them from afar. These classic cars are listed in no particular order.

1. Lamborghini Espada

Lamborghini Espada

Lamborghini Espada

An interesting car, not the most beautiful Italian design but funky and cool in its own way. It has that great V12 engine designed by Giotto Bizzarrini and will carry four people in style, quickly.

It uses the same engine as the Miura and except for the beautiful styling of the Miura, the mid-engine placement of the Miura and the four seats in the Espada they are basically the same car – but the Espada cost is about 10% of the cost of a Miura.

The purchase price is a major attraction for the Espada, however, the repair and restoration costs are probably about the same as a Miura.

This means one should be careful when buying an Espada – buy the best one you can find. The price range is wide from less than $20,000 to $70,000.

2. Triumph TR6

The Triumph TR6 was produced between 1969 and 1976 in England with most of the cars being sold in the United States.

The engine is an inline 6-cylinder with 2.5 liter displacement and the transmission is a 4-speed manual with an optional and desirable overdrive.

I bought a new yellow TR6 in 1974, pictured below. It is one of the few cars from my past that I wish I still owned.

Triumph TR6

1974 Triumph TR6

The TR6 was a fun car that was very reliable for me. They can be bought in the US for a wide price range, depending upon condition, from less than $10,000 up to $40,000. I am not sure that very many actually sell for this high price. I believe that a great TR6 can be bought for $15,000 to $20,000.

3. Fiat Dino Spider

The Fiat Dino Spider was introduced at the Turin Motor Show in 1966.

Fiat Dino Spider

Fiat Dino Spider

The V6 engine is a Ferrari design with a 2-liter displacement producing 158 hp using a 5-speed manual transmission. This same engine was used in the Ferrari Dino 206 although the engines were produced by Fiat.

The Dino Spider body was designed and made by Pininfarina. Later a 2.4-liter version of the Fiat Dino was introduced and this car was manufactured by Ferrari on the same production line as the Ferrari Dino 246 GT.

There were 1,989 of the Dino Spiders made between 1966 and 1972.

I think that the Dino Spider can lay claim to being a Ferrari, especially the 2.4-liter version, as much as a Dino 246 GT.

The current market value for a Fiat Dino 2.4-liter Spider is about half that of the Ferrari Dino 246 GTS, or at the top or our range of $75,000 and up to $100,000 for a perfect condition car.

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I do not expect that any of these cars will appreciate very much over time. However, they are fun cars, for a reasonable price, and they will get attention on the road or at a local car show. If they are cared for properly they likely will not depreciate much, if at all.

Part 2 Will Be Published Tomorrow

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Triumph

Fiat Dino

Comments

  1. Some great choices here. As you said, affordable depends from person to person. For me, I’ve managed to complete my restoration of a classic Eastern block car for around about $3,800 (£3,000) including the car. Not exactly Lambo money, but hopefully I’ll build my way up to something closer over the coming years!

    If you want to see a build thread, the link is here if you want to read it.

    https://motorhipster.co.uk/2017/08/10/tales-of-my-trabi-1/

    Thanks and keep up the good content

Trackbacks

  1. Quora says:

    What is the best exotic sports car that can be purchased for less than $35k?…

    I wrote about affordable classic cars on My Car Quest: http://mycarquest.com/2012/02/seven-affordable-classic-cars-part-1.html

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