Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
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$10,000 will buy?
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Now that I've "met" the author, it has become more important to me.
You ought to do a revised version...I'll help!
Faced with that dilema as well as wanting something for my daughter to learn to drive in and...... learn a little about how cars worked and how to keep them running, I chose a Porsche 914 2.0 liter. For $10k you can find one that is in almost show condition. They are fun to drive, parts are plentiful and with the exception of the rubber parts, cheap. Compared to a Miata its primitive...........but it will turn lots more heads when you drive it down the street and listening to that engine growl through twin Abarths as you wrap it up through the gears is about as much fun as it gets.
Its basicly a hot rod Volkswagon so its good to learn mechanical basics on and if you take care of it.........will hold its value. If you are willing to put up with some cosmetic deficiencies.....you can get a solid car down aroun $5k. We've had ours for over 8 years. It started out as a daily driver and as we worked on it improving cosmetics, taking care of minor mechanical situations and generally sorting it out to be a truly reliable and good looking little car......it became the sunny day put the top down and play toy it is now.
My daughter is 23 now and while she will never choose to be a mechanic........ she knows that car inside out and no garage will ever get away with BSing her about what a car needs.
You should place your ad at www.traderonline.com
Shiftright the Host
almost any 70s Eldo convertible
a decent/not perfect 60s Lincoln convertible
most non-SS/Z28 Camaro coupes (esp. 1970 on)
almost any Firebird (notice 60s Firebirds are cheaper than Camaros and much more rare)
60s Pontiac Grand Prix (much cheaper than GTO)
Ford Galaxie convertibles (again, compare to Impalas, they're like half the cost)
With a big warrenty too! (If they last to honor it)
a decent/not perfect 60s Lincoln convertible---don't think so
most non-SS/Z28 Camaro coupes (esp. 1970 on)--yep, although the Z28 might be less than sharp.
almost any Firebird (notice 60s Firebirds are cheaper than Camaros and much more rare)--yep but probably not a sharp Trans Am.
60s Pontiac Grand Prix (much cheaper than GTO)--you could probably buy TWO coupes for $10K or one convertible.
Ford Galaxie convertibles (again, compare to Impalas, they're like half the cost)--yeah but not the 427s.
As for Camaros and Firebirds; I said NON-SS/Z28. Even regular coupes now are going over $10k if they're in good shape. I never said anyone was going to get an early Trans-Am or Z28 for $10k, ain't gonna happen unless it's dead. Of COURSE you're not going to find a 427 Galaxie for less than $10k, they're hard to find at any price. If you compare a run-of-the-mill small block Galaxie to a similar Impala, Fords are about half as much money. Even old Impala sedans are a bit pricey (for what they are) these days.
Some other cool old cars in the $10k range, (I'm speculating, cut me some slack, geez):....... (-:
Off-brand cars (non-Chevy or Ford), like mid/late-60s Mercury/Buick/Olds convertibles, the biggies, can definitely be found for less than $10k. Another kinda 'sleeper' (market-wise), the 67-70 Mercury Cougar is probably not a bad choice for less than $10k, they're mechanically a Mustang (and only with V8s!) but more rare, generally less abused and more interesting, IMHO. Lemme see, how 'bout a 70-72 Monte Carlo? Maybe a Javelin? Um, anyone for a really hot 60s Bonneville hardtop? An Imperial? A 67-69 Plymouth Fury III convertible? A really sweet late 60s Cadillac sedan? $10k is a nice sum to spend on a toy, not outrageous, but you *can* get a really nice cruiser for that.
I digress......anyone here know how the collector car market has been affected by 9/11 or the recession (aren't you glad the government told us we're officially in one now)?
Other good choices - '66 Wildcat convertible, much cheaper than comparable Chevy. Some interesting Wildcats including dual quad 425s and four speeds but these are rare. '66 Olds Starfire, full size performance Olds with 425 CID, also much cheaper than comparable 427 Impala but more content, better interior. Any Starfire or Bonneville, fast luxurious cruisers. How about a non-letter series 300? Maybe even a '65 300L, those can't cost too much.
I'd pass up the Monte for the '69-up Grand Prix, better looks and performance.
Yes, the 69-72 Grand Prixs are nice, though I like the older ones (big Pontiac chassis) better. The GPs tend to be better optioned than Monte Carlos, and also have at least a 400 engine (many, many had 455s).
So the market is strong for the traditionally desirable cars and weak for the traditionally borderline, shabby, odd-ball and too old fashioned. People are getting fussier and fussier about how they spend their money on Old Iron.
The 69-up are more performance oriented than the Montes, lots of 428s in '69, plus the Model J trim package and Model SJ performance package.