Old is gold, especially when it comes to vintage or classic cars. While some fetch high prices in auctions, not all require you to break the bank. They are surprisingly economical to run with little maintenance and a few upgrades. With a reliable build and immense durability, they offer a simple yet effective drive in the urban landscape. Here are 19 classic cars that are cheaper to run than you think:
Volkswagen Beetle
The Volkswagen Beetle, a global bestseller and vintage classic, has dominated the industry for nearly eight decades since its launch. Introduced in 1938, it aimed at making transportation easy and accessible for everyone. Among the greatest mass-produced cars ever, it has grown to become a cultural and pop icon. A durable and simple car, it is cheaper to run and records high numbers of miles.
Mazda MX-5 Miata
The Mazda MX-5 Miata is an economic classic that has stood the test of time due to its reliability. The third generation of this vehicle was launched in 2005, powered by a 2.0L inline-4 engine, reaching a top speed of 140 mph. It is an affordable sports car with a rear-wheel drive layout and a lightweight and agile nature. Drivers may get this for as low as $6,000 – $20,000 with minor repairs and upgrades needed.
Ford Mustang (S197)
The Ford Mustang dates back to 1964 when it was a pioneer of the muscle car segment that showcased extreme performance. The S197 Mustang blends affordability and an iconic status. Powered by a 4.0L V6 engine, later upgraded to a 3.7L V6, it produced around 305 horsepower. With sporty seating, sharp design, and LED lights, it is priced around $5,000 to $10,000.
Mini Cooper
The Mini Cooper changed the perception of compact cars forever. The second generation of the R59 Mini Cooper is a roadster with seating for two passengers. It was powered by a base 1.6L naturally aspirated petrol engine, with more powerful turbocharged engines in the higher trims. An efficient and great classic car that is relatively cheap, it is currently priced at $7,500.
Toyota Land Cruiser
The Toyota Land Cruiser is a legendary workhorse that exists today, impressing everyone with its off-road capabilities. The J200 Toyota Land Cruiser is priced between $30,000 and $60,000, depending on the luxury packages. This vehicle is known for its Multi-Terrain Select, Crawl Control, and towing capacity of up to 8,100 pounds. Other notable features include the kinetic dynamic suspension system and four-zone climate control for comfort.
Volvo 240
The Volvo 240, featuring a durable and boxy design, was produced between 1974 and 1993. Collectors cherish it to this day, and it is loved for its safety and side impact protection systems. Powered by a range of inline-four engines, the vehicle soon incorporated turbocharged engines in later years. It has an estimated lifetime mileage of 500,000, exceeding this number with proper maintenance.
BMW E30 3-Series (M3)
The BMW E30 3-Series M3 is a versatile choice. It is an excellent choice for open-air rides or race tracks and is available as a coupe, sedan, and even a convertible. It was equipped with a Z-axle rear suspension. Powered by a 2.3-liter inline-four S14 engine, it generated up to 235 horsepower. A cultural icon, it has featured in the “Fast and Furious” franchise and sells for between $10,000 and $25,000.
Porsche 944
The 1991 Porsche 944 is the ideal car for drivers who crave open-top driving in an affordable package. Powered by a 3.0-liter inline-four engine paired with balance shaft technology, it produced around 208 horsepower. Nearly 4000 units of this vehicle were produced, making it highly rare and exclusive. Unlike other older models, the value of this car has increased significantly over the last years, fetching more than $20,000.
Mercedes Benz W123
Redefining longevity and durability, the 1985 Mercedes Benz W123 is an economy classic with a proven track record. This luxury sedan goes beyond mere sophistication and emerges as a significant nameplate in the brand’s legacy before the W124 took over. Powered by a 2.3L inline-four engine or 2.8L inline-six engine, other diesel options were available, too.
Honda CR-X
The Honda CR-X was produced from 1984 to 1991. It is marked for its lightweight design and simple mechanics. The average price of a car in contemporary times is around $5,000 to $10,000. This compact vehicle was the ideal blend of sporty performance and practicality. It is a legendary classic.
Chevrolet Nova
The Chevrolet Nova is cheaper to run than you think among the greatest American classic cars. Launched with cars like the Ford Falcon, the Nova soon gained popularity for its highly efficient 5.0L V8 engine. Before it was renamed Toyota, the fourth generation of this vehicle fetches a price of around $10,000.
Fiat 124 Spider
The Fiat 124 Spider is still available today and has a rich history dating back to 1966. Pininfarina designed this Italian roadster, which features a driver-focused layout. Powered by a 1.4L inline-four engine, it won the World Rally Championship in 1972. This vehicle has a dedicated fan base, and the original model may even sell for $15,000 at times.
Datsun 510
With a simple boxy design and enormous interior space, the Datsun 510 was available as a sedan, coupe, and wagon. Production of this vehicle ended in 1973, and some sellers currently sell it for less than $5,000. In its prime, the vehicle dominated rally and CCA Trans-Am racing events in 1971 and 1972. Also known as the “poor man’s BMW,” this vehicle was sold in Nissan under the nameplate of the Bluebird.
Peugeot 205 GTI
Launched in 1984, the Peugeot 205 GTI is among the classic cars with an iconic following in the 1980s. Characterized by a small rear spoiler, sporty seats, and wide fender flares, it turned heads on every corner. The 1994 model was powered by a 1.9L Inline-four engine paired with a 5-speed manual transmission, reaching a top speed of 123 mph. In good condition, this vehicle can easily fetch up to $20,000 with moderate mileage.
Triumph Spitfire
The last batch of the Triumph Spitfire, a classic two-seat roadster, was produced in 1980. It was designed for exhilarating rides and powered by an R 1,493cc or 1.5-liter engine that was upgraded in the 1980 model. Designed by Giovanni Michelotti, the vehicle’s price may vary according to the model and condition. With a rear wheel layout, precise handling, and responsive dynamics, it delivered a sporty performance.
Ford Escort MK2
Produced from 1975 to 1980, the Ford Escort MK2 had a rally pedigree that showcased new limits. The RS2000 model was powered by a 2.0L Pinto engine that produced up to 250 horsepower, reaching a top speed of 120 mph. It featured a MacPherson strut front suspension and a front spoiler for sporty dynamics. This vehicle won the RAC Rally championship from 1975 to 1979, making it one of the greatest rally cars ever.
Saab 900
The second generation of the Saab 900 was a safe and secure car equipped with the best safety features. These included ABS, side impact protection, and emergency absorption safety cells. In good working condition and with relatively moderate mileage, it fetches a price of up to $10,000. Powered by a turbocharged inline-four engine, it generates up to 185 horsepower.
Jeep CJ-5
A classic off-road vehicle, the Jeep CJ-5 laid a blueprint for future off-road innovations and features. Equipped with an AMC 304 V8 engine paired with a four-wheel drive, it could tackle any terrain. It provided a smooth ride with a leaf spring suspension and increased ground clearance. This economical classic was fit for heavy-duty and challenging tasks, many of which are still sold today.
Rover P6
The Rover P6 may not be readily available in all markets, but it is an important nameplate in the brand’s history. Production of this vehicle ended in 1977. The Rover 3500 model reached a top speed of 100 mph. Featuring an independent suspension and advanced safety features, it provided optimal traction. Well-maintained models are usually priced at $6,500, with special editions reaching $15,000.
18 Budget-Friendly Electric Cars That Last Longer Than Their Loans — Economical Electrics
Electric vehicles are no longer a luxury for the elite—they’re a smart investment for the everyday driver. With manufacturers stepping up to the plate, affordable EVs now deliver on reliability, range, and modern comforts. Here’s a look at 18 economical electric cars engineered to outlast their payment plans.
18 Budget-Friendly Electric Cars That Last Longer Than Their Loans — Economical Electrics