Just because there’s a recession on doesn’t mean you can’t have a hobby. Well, ok. It might mean that, but let’s assume for a second that it doesn’t. The NYT asked some collectible car experts to recommend some affordable old cars that, while they may not be considered “an investment,” are still lots of fun.
Here are a few of the recommendations that can be had for less than $25,000, which admittedly isn’t “cheap,” for a hobby but it is a New York Times article after all:
- Model T: “Plan on spending $9,000 to $12,000 for a well-sorted car that is roadworthy,” Mr. Casey said. “Because there are so many cars available, your toughest decision may be on the body style.”
- 1958-60 Ford Thunderbird
- 1959 Chevrolet Impala hardtop
- 1961-63 Ford Thunderbird
- 1966-67 Oldsmobile Toronado
- 1967-70 Cadillac Eldorado.
- 1969 Camaro
- 1970 Chevelle
- first- and second-generation Ford Mustangs
- 1948-54 Plymouth sedans
The experts recommended not worrying about fussy collector details and avoiding convertibles and high-performance versions that can cost more. Oh yeah, and it’s better to buy a car that’s in good condition — and spend less fixing it up.
Any other suggestions the Times missed?