15 Budget-Friendly Vintage Cars To Buy Now
Are you a classic car enthusiast seeking affordability without giving up the charm? Then, you are in luck because the market is brimming with options that present vintage allure on a budget. Anything from the timeless American muscle to elegant European designs can be yours for a fraction of the cost of their more famous counterparts.
1990 Lexus LS 400: $11,014
Debuting in 1989 for the 1990 model year, it was a game-changer in the luxury car segment, costing over $1 billion to develop. It introduced features like an electronic tilt, telescopic steering wheel, power-adjustable seat belts, and chromatic rearview mirrors. At the same time, its 4.0-liter V8 engine (250-290 hp) offered an unprecedented smooth and quiet ride alongside unmatched comfort, luxury, and reliability.
1975 Alfa Romeo Spider: $22,831
The Alfa Romeo Spider is undeniably cool, standing out as one of the most beautiful and iconic Italian classic sports cars. While it’s not the quickest and the handling isn’t top-notch, it’s still a car that every car enthusiast should experience, if not own, at least once in their lifetime. The 1975 model, part of the second generation, has a 129-horsepower 2.0-liter twin-cam four-cylinder engine.
Porsche 944: $16,500
A refined, German-made cousin of the Datsun 240Z, it evolved from the 924, which wasn’t originally designed to be a Porsche. While generally reliable, be aware of potential issues like cam-chain tensioner, timing belt, and water pump failures, along with electrical problems related to the DME relay; otherwise, this balanced, lightweight sports car offers a front-engine and rear-gearbox setup, with 944 Turbos starting at $16,500.
1972 Volkswagen Beetle: $14,549
The Volkswagen Beetle, an iconic car known for its distinct shape, is a familiar sight for enthusiasts. Since its debut in 1938, this beloved vehicle has captured hearts with its unique design and dependable air-cooled engine. Thanks to its quirky yet enduring appeal, it’s no wonder the Beetle remains one of the most reliable classic cars.
1965 Ford Thunderbird: $18,600
In 1964, the Thunderbird adopted a striking “sculptured look” with a longer hood and shorter roofline. The 1965 model retained this design, adding sequential tail lights and becoming highly popular, inspiring miniatures for all ages. It featured powerful V-8 engine options and a smooth Cruise-O-Matic transmission.
BMW 635CSi E24 : $19,000
Back in the 1980s, BMW made more than just flashy cars; they created outstanding grand tourers like the “Shark Nose” E24. The 1976 and 1977 models from Karmann are especially prized and valuable. Though the M6 E24 is a sought-after collector’s item, the reliable M30 engine is a solid choice, with rust being the main issue. You can still find an excellent model for about $19,000.
Mercedes W123: $15,000
This car is renowned for its classic durability, often likened to tanks. Though rust can be a concern as it ages, with proper care, these cars remain reliable even at high mileage. For around $15,000, you can find a model with the robust 3.0-liter OM617 turbo diesel engine or consider gasoline versions like the 280 SE for more speed, all within a modest budget.
Jaguar XJS AJ6: $12,000
For classic car enthusiasts, the XJS embodies the charm of a British grand tourer. While its V-12 engine is notorious for maintenance issues, the 1983 AJ6 inline-six engine, available in 3.6 to 4.0 liters, delivers improved reliability and performance. Priced around $12,000, it’s a more dependable and budget-friendly option.
BMW 325i E30: $16,000
This cherished classic is increasing in value among European car enthusiasts. While U.S. models usually have a 2.5-liter inline-six engine, European versions often feature an inline-four. The E30 is lighter than the modern 3 Series, with 171 horsepower and a 7.9-second 0-60 mph time. Avoid the sluggish four-speed automatic and consider the five-speed manual. Look out for timing belts, brake lines, and rust issues.
1975 Cadillac Eldorado: $12,000
The 1975 Cadillac Eldorado is a classic two-door gem with a devoted American fan base, and you can snag one for as little as $12,000. Under the hood, it boasts a V8 engine delivering 190 hp and 360 lb-ft of torque. It reaches a top speed of 114 mph and goes from 0 to 60 mph in 12.8 seconds. All while averaging 9.9 mpg with a 3-speed automatic transmission.
1962 Oldsmobile Starfire: $29,709
Built on the Super Eighty-Eight’s 123-inch frame, the 1962 Starfire was Oldsmobile’s bold step into luxury cars. With its powerful V-8 engine, leather trim, and both convertible and hardtop options, it quickly became a top contender against rivals like the Buick Wildcat Sport Coupe and Pontiac Grand Prix.
Datsun 240Z: $10,000
Japan’s first Z-car started a legacy of budget-friendly Nissan sports cars. Early S30 models with a 2.4-liter inline-six are still affordable ($10,000 to $40,000) and present a fun, lightweight, rear-wheel-drive experience. Though reliable, they can rust and are becoming rare as resto-mods use them for modern builds.
Chevrolet Corvette C3: $35,000
The C3 Corvette, nicknamed “the Coca-Cola Corvette” for its curvy design, is a standout American sports car. Its fiberglass body can be challenging to repair, but well-maintained mechanics can last a lifetime. Pre-smog models cost around $35,000, while post-1971 versions are cheaper but offer mod-friendly V-8 engines.
1970 Pontiac GTO: $36,600
Pivotal in the muscle car era, it ignited the craze with its 1970 model. Despite a less popular design, it still impresses, featuring a 6.5-liter V-8 engine with 350 horsepower. Well-maintained base models can be found for under $40,000, with options for a four-speed manual or turbo-hydramatic transmission.
Ford Mustang 1st Generation: $21,000
The 1964 Ford Mustang is still a cherished classic. These cars can be found in barns, ready for minimal restoration; a good 289 V-8 model costs about $21,000, while GT versions start at $30,000. Non-GT 289s deliver 200 to 225 horsepower, and a four-speed manual version is readily available with numerous performance parts.