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7 of the Cheapest Classic Cars in the World

by Waqar Rauf
September 19, 2024
in Classic Cars
0
cheapest classic cars

As new vehicles become more digital and advanced, many car enthusiasts are seeking something more raw and hands-on: classic cars. It’s easy to see why. There’s just something about gripping the wheel of a vintage ride that makes you feel connected to the road in a way today’s cars often can’t. Owning a classic gives you a sense of nostalgia, a piece of history that’s alive and well in your garage. And here’s the surprising part—while rare, exotic classics can reach sky-high prices, there are plenty out there that you can snag for as little as a few thousand bucks! Not bad, right?

One of the best things about these classic beauties? Their simplicity. Forget the complicated tech—these cheapest classic cars are often easier to work on, meaning you don’t need a computer science degree to do some tinkering in the garage. They’re durable too, built to last in ways that modern cars sometimes just aren’t. Moreover, if you’re lucky enough to find your first muscle car among these beauties, you’ll experience the raw power and excitement that only a true classic can deliver. Sure, tracking down rare parts can be a bit of an adventure, but that’s part of the charm. And if you choose wisely, you can find a classic that doesn’t just look good but offers a truly enjoyable driving experience without draining your bank account.

Tip: You may also consider buying a car with the potential to become a classic if you lean more toward modern design.

Cheapest Classic Cars in the World

So, before you dive into the shiny world of new cars, maybe take a second to explore these timeless gems. You might just find the perfect blend of charm and value in the car of your dreams. After all, who wouldn’t want a little piece of history parked in their driveway?

1) Mercedes W123:

Available for around: $14K

You’ve probably heard the joke that if nuclear war ever breaks out, only two things will survive: cockroaches and old Mercedes cars. And if there’s one model that truly embodies this legendary toughness, it’s the iconic Mercedes W123. These cars were built like tanks, and you can feel that durability every time you shut the door—it’s like a vault! But let’s be real: as they approach the half-century mark, rust is their Achilles’ heel. It’s something any W123 owner will tell you to watch out for.

Mileage, on the other hand? That’s not as scary as it sounds. Most W123s have seen some serious road time by now, but with proper love and care, they’ll keep going (ensure storing these classics properly). It’s the kind of car that feels like it’s not just getting older, but better.

Now, here’s the sweet part. For around $15,000, you could get yourself a solid W123 with the legendary 3.0-liter OM617 inline-five turbo diesel under the hood. This engine has a reputation for being nearly indestructible—it’s the kind of thing mechanics tell stories about. Sure, with only 123 horsepower, you won’t be winning any drag races. But that’s not the point, is it? This car is all about wafting around in pure comfort and timeless style.

If you’re after a bit more zip, the gasoline-powered 280 SE might be up your alley—if you can find one. Those tend to be quicker off the line. And if you’re really lucky, for that same budget, you might even stumble upon the much rarer coupe version. How’s that for a little extra flair?

2) Jaguar XJS AJ6:

Image by escuderia

Available for around: $15K

Who hasn’t dreamt of slipping behind the wheel of a Jag? There’s just something about those sleek, iconic flying buttresses at the back that makes this one special. And if you’re going to pick a Jag, the XJS is one heck of a choice. It’s that perfect blend of a sporty ride and a daily driver, a luxury grand tourer that you can just as easily take for a spin to the shops.

Now, let’s be honest – this beast of a car doesn’t exactly have a reputation for reliability, thanks to that massive V-12 engine. It’s known to be a nightmare to work on, and most mechanics will look at you like you’ve rolled in with a cursed relic from the past. But here’s the thing: not all XJS models are out to break your wallet and your heart.

Enter the AJ6 engine, introduced in 1983. This inline-six engine, ranging from 3.6 to 4.0 liters, is a game-changer. Pair it with a five-speed manual, and you’ve got yourself a ride that’s faster than the V-12 model. And the best part? It’s more reliable and way cheaper to maintain. You can even snag a solid example for around $12,000. Not bad for a piece of British motoring history, right?

3) MGB GT Roadster:

MGB GT Roadster
Source: wikipedia.org

Available for around: $8K

MGB’s GT Roadster was hugely popular back in its day and has stayed that way here in Britain. For many years, the GT Roadster has been amongst Britain’s most accessible classic motors – mostly because they are easy to repair. Though they would have been shiny, new and stunning back when their production first started, GT Roadsters are simple and cheap car Insurance to repair, so if you manage to find an old, run-down model of one, you’ll be pleased to know that it won’t cost you too much to get it back on the road again. Motorists have dubbed it a great ‘starter classic’ motor, even more so with the soft-top versions, which makes the car an extremely popular eye-catcher in the summer.

4) Triumph Spitfire:

Available for around: $11K

Designed and constructed for the sole purpose of honoring the Spitfire fighter plane, the Triumph Spitfire made its first appearance at the London Motor Show in 1962 and stayed in production up until the early 80s. Despite being the second most-popular classic car – and the second cheapest – the Spitfire is at high risk of acquiring a build-up of rust on the floor panels and on the sills of the car, which can be quite costly to repair. However, a little TLC is all the Spitfire really needs and after all, it is amongst the most affordable classics in the UK.

5) Austin Mini:

Available for around: $22K to $29K

Most people remember the old Austin Mini from Rowan Atkinson’s TV series, Mr. Bean and other popular movies between 1959 and the new millennium. Mini was sat on a goldmine during the production of the Austin Mini, and anyone who was lucky enough to drive one of them was thought to be a ‘motor know-it-all’ and a keen petrol head. Those who owned one or anyone who currently has one hidden away in their garage knows a classic car when they see one, for sure. Though if you were to choose an Austin Mini for your next car, you may find it very cramped and uncomfortable, which makes for a car that should be kept on the show, not on the road as such.

6) Jaguar XJ:

Available for around: $15K

Since Jaguar is a brand renowned for luxury and a wealth of quality features, it should come as no surprise to find the XJ here on the list. We all knew that Jag would show up on at least one classic motors list at some point, and here it is with the XJ saloon! The Jaguar XJ was the very last model to receive the attention of the brand’s illustrious founder, Sir William Lyons and today, they carry a reputation for being costly to maintain. However, they are amongst the most affordable classic motors in the UK, nonetheless.

7) Triumph Herald:

Available for around: $10K

Some have argued that Triumph’s Herald takes the appearance of the classic Austin Mini Cooper, and to a very large extent, they’re right. However, the Austin and the Herald are two completely different motors, both of which offer completely different benefits and are valued at nowhere near the same price as one another. Unlike the Austin Mini Cooper, the Herald features a soft-top and therefore, was a popular convertible in its day. Since the soft-top version turned the cramped cockpit into an open window, there was the option of more space for the driver and other occupants. To this day, the Triumph Herald can be bought from a used classic car dealer or perhaps even online for around £5,000 – it would make for a good project!

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Waqar Rauf

Waqar Rauf

Automotive, the name and hence the industry is a passion itself for Waqar. Over the last 5 years, he has been curating classic to modern vehicles' lists and really enjoy the entire showcases on web and social media channels.

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