Inexpensive Collector Cars For Your Automotive Wishlist

Classic vehicles are typically classified based on their age above all else.

If a vehicle is over 20 years old, it’s a classic. Those over 45 years old are antiques, and the ones manufactured between 1919 and 1930 are vintage. For many fan favorites, that age adds value. It’s no wonder there are tons of classics out there that cost an arm and a leg.

Thankfully, there are also a lot of cool yet affordable classic cars on the market if you know what to look for. These vehicles might not be cheap, per se, but they won’t break the bank either, and compared to other classics, they’re definitely a good deal. So, without further ado, here are some of our favorite cheap classic cars:

Mercedes W123

In its heyday, the Mercedes W123 was a celebrity favorite, shuttling around the likes of Bonnie Tyler and Barry Gibb. Today, many are still charmed by this old luxury saloon car.

From the late 70s to the mid 80s, the W123 promised a premium driving experience with state-of-the-art creature comforts (for its time), like four-wheel independent suspension. Some later W123s even pioneered anti-lock brake systems and airbags to boost safety.

The Mercedes W123 might not be a fast car, but with many averaging below $20,000 on the secondhand market, it’s an antique that’s well worth its price to the right luxury classic collector.

Chevy Corvette (C3)

The Chevrolet Corvette (C3) from 1968 to 1982 is a real looker with its hyper-aerodynamic body and powerful V8 engine. This muscle car has power aplenty under its hood, and its shark-like appearance has captivated onlookers for years now.

One particular perk of going after this famous classic is that aftermarket products for it aren’t hard to come by, making upgrades and repairs easy. The average sale price for a secondhand Chevy Corvette (C3) hovers in the $30,000 range, but many can be found under $20,000.

Jaguar XJS

The early Jaguar XJS is a gorgeous two-door British grand tourer with a bit of a spotted past.

Not everyone was a fan of its form and figure, with its rear buttresses under particular scrutiny. Its V12 engine was and still is a bit of a divisive component as well, bringing grief to many a Jaguar mechanic.

Fortunately, these days, the vehicle’s unique body makes it stand out in a positive way. In addition, the straight-six AJ6 engine offered in the XJS’s 1983 model is much improved from the original V12 engine.

The XJS has become a more desirable classic as of late, especially when the Jaguar XJS – Series II line sits at an average price of $15,000. Just remember to look for one with the AJ6 engine if you want an easier time with repairs and maintenance.

Dodge Viper

The Dodge Viper’s distinctive, almost cartoonish looks and lightweight body paired with its impressive V-10 engine make it a highly praised classic.

That’s why it’s shocking that early first-generation Dodge Vipers, manufactured between 1991 and 1996, are still relatively affordable to this day. Perhaps it’s because some models don’t have air conditioning or a proper roof to speak of. But if you’re looking for a speedy V-10 supercar that never fails to draw eyes, you can’t go wrong with the Dodge Viper.

The average secondhand price for a Dodge Viper is well over $40,000, but you can still find a few good deals under $30,000 if you look hard enough.

Mercedes-Benz SL R107

The Mercedes-Benz SL R107 is more than just another boxy beauty. This luxury convertible from the 1970s has reinforced A-pillars in its body and even has some history in rally racing. It was in production for 18 years, so there’s more than enough of them to go around.

There are a few different R107 variants on the secondhand market. Their prices tend to hover between $20,000 to $30,000 on average.

Datsun 240Z

The Datsun 240Z is one of the most affordable classic cars out there, especially if you’re looking for a project vehicle. Restoring an old 240Z up to show quality is surprisingly affordable. However, because they’re popular for modifying, these more affordable project cars are few and far between.

This iconic Japanese classic from the early 70s offers excellent handling and stable balance, making it a fantastic racer. Its slightly raised headlights give it a slightly froggish appearance reminiscent of the Porsche 911 without the high price tag.

A secondhand Datsun 240Z will run you an average of $35,000, with many falling below $20,000 if you’re willing to put in the elbow grease for a proper restoration.

Autozam AZ-1

Another Japanese classic is the Autozam AZ-1. This mid-engine vehicle is a bit on the goofy side visually with its sunken headlights and gullwing doors, but that only adds to the charm.

This little roadster is a bit of a tight squeeze, but it handles like a dream with quick, direct steering. You might feel like you’re sitting in a fishbowl the whole time you’re in this vehicle, but the novel experience is well worth a little discomfort for some.

With an average secondhand price of $20,000, the Autozam AZ-1 is a unique piece of automotive history that’ll likely go up in value as the years go on.

Volkswagen Beetle

The Volkswagen Beetle is debatably one of the best cheap old cars out there. While its unique appearance might be a bit divisive, no one can argue that it isn’t at the very least highly recognizable. That being said, it can be hard to find a Beetle that’s not been modified or isn’t at least in decent condition.

The Beetle’s simple engine, iconic body, and customizability have always made it a favorite among enthusiasts, and it has a long and interesting history behind it to boot. The 60s and 70s Beetles are some of the most iconic models to pick up.

The average price for a secondhand Beetle sits under $20,000, and you’ll find many options far below that price if you’re looking for a project car to tinker with.

Ford Mustang

There’s no name more synonymous with the classic American muscle car than the Ford Mustang. Do we even need to describe this historical vehicle? It’s been featured in magazines, movies, TV shows, and more since the 1960s, and the line is still going strong today. This pop culture automotive icon is easy to modify, highly recognizable, and surprisingly affordable.

The first-generation Ford Mustang hardtop can be found for secondhand prices averaging $25,000. Like the Beetle and the Datsun 240Z though, project vehicles go for much cheaper. If you’re willing to put in the work, you’ll find plenty of secondhand Ford Mustangs at $15,000 and lower.

There you have it! While everyone’s got their own tastes and preferences, these vehicles are definite standouts, whether because of their price, novelty, or simple, undeniable recognizability. These classics can grace your garage without breaking the bank, earning them a spot on our top affordable classic cars list.