Classic cars aren’t just for the wealthy—owning one can be more affordable than you might think. While some rare models fetch astronomical prices, many charming vintage cars are available at a fraction of the cost. If you’re considering a new car, it might be worth looking at a classic instead. Beyond their timeless appeal, older cars often offer a unique driving experience and character that modern vehicles lack, all while potentially saving you money.
However, a low price tag can sometimes mean hidden issues, so careful research is essential. Some classics require more upkeep, but with a strong network of specialist garages and passionate enthusiasts, maintenance is easier than it seems.
Online forums and owners’ clubs are also great resources for advice and support. Whether you’re searching for a nostalgic sports car or a practical vintage estate, there’s a classic out there for you. To make your search easier, we’ve rounded up 10 budget-friendly classics that combine charm, usability, and affordability.
1. Ford Focus Mk1: A Modern Classic in the Making
The Ford Focus might seem too modern for classic status, but with its 1998 launch, it’s already a quarter of a century old. A revolutionary leap from the lackluster Ford Escort, the Focus reshaped the family hatchback market and even challenged the Volkswagen Golf.
With eye-catching ‘New Edge’ styling, an advanced interior, and outstanding ride and handling, the original Focus is a future classic. The 1.6-liter version is fun to drive, but if your budget allows, consider the ST170 for a more thrilling experience.
The Ford Focus also brought better safety features and more reliability than previous models, making it a great choice for those who want a classic that can still be used daily. With spare parts readily available and plenty of enthusiasts supporting the model, the Focus Mk1 is a solid investment for new classic car buyers.
2. BMW Z3: The Budget Bond Car
The BMW Z3 gained fame from the 1995 James Bond film GoldenEye, making it one of the most affordable Bond cars on the market today. While it doesn’t have the precision of a Porsche Boxster, it’s still an engaging rear-wheel-drive roadster with excellent German build quality.
Even the four-cylinder models are fun, but the six-cylinder versions offer serious performance. With prices starting at around $1,890, this is an excellent entry point into the world of stylish, two-seater motoring.
One of the best aspects of the Z3 is its timeless design, which ensures it still looks great on the road today. Its solid build quality and well-supported parts network mean that finding and maintaining one isn’t too challenging. A well-kept Z3 is an enjoyable and relatively affordable way to experience a piece of BMW’s history.
3. Mazda MX-5 Mk2: The Quintessential Affordable Roadster
Mazda’s MX-5 lineup has been consistently brilliant, but the Mk2 (1998-2005) is currently the most budget-friendly. However, rust is a major issue, so thorough inspections are necessary before purchasing. The earliest models featured a five-speed gearbox, while later versions came with a six-speed.
Ironically, later models are more rust-prone than earlier ones, so condition is more important than age. Prices start at around $1,260 for project cars, but $6,300 can secure a solid, well-maintained example.
The MX-5 Mk2 carries on the spirit of the original with lightweight handling and an engaging driving experience. Its affordability, along with its reputation for reliability, makes it one of the best choices for someone looking to buy a classic sports car on a budget.
4. Austin Allegro: A Misunderstood British Classic
The Austin Allegro, often ridiculed for its design and reliability issues, has earned a cult following. Despite its flaws, most surviving Allegros today are well-maintained by dedicated enthusiasts. The car improved over its production run (1973-1982), so opting for a later model is wise. If you’re after something a little different, consider the luxurious Vanden Plas 1500/1750 or the sporty Equipe version—if you can find one.
While it may not have been the most revolutionary car of its time, the Allegro has become a symbol of a bygone era in British motoring. Its affordability and uniqueness make it an intriguing choice for collectors looking for something different.
5. MG MGF: Mid-Engined Fun for Less
Often overshadowed by the Mazda MX-5, the MG MGF is an excellent sports car in its own right. Launched in 1995 as a spiritual successor to the MGB, it features a mid-engined layout and Hydragas suspension, ensuring superb handling.
The 1.8-liter engines offer a good balance of power and efficiency, but potential issues like head gasket failures require careful consideration. Thanks to a loyal fanbase, many MGFs have been well-maintained, making them a practical, affordable roadster.
6. Citroen BX: Quirky French Innovation
Introduced in 1982, the Citroen BX became a UK bestseller, especially in diesel form, making it a favorite among fleet buyers.
Designed by Marcello Gandini (of Lamborghini Countach fame), the BX features distinctive styling and Citroen’s famous hydropneumatic suspension, offering an exceptionally smooth ride. Although quirky, the BX is surprisingly practical and, with specialist support available, it’s a great daily classic.
7. Alfa Romeo GTV and Spider: Italian Passion on a Budget
The Alfa Romeo Type 916 GTV and Spider, launched in 1995, are among the most stylish yet affordable Italian classics. Powered by either the 2.0-liter Twin Spark or the legendary 3.0-liter Busso V6, these cars offer a unique driving experience.
The V6 is the more desirable option, but the four-cylinder version is more practical and cheaper to maintain. Despite their reputation for high maintenance costs, well-cared-for examples can be found at reasonable prices, making them a tempting choice for Alfa enthusiasts.
8. Rover 75: A Forgotten Gem
Produced under BMW’s ownership, the Rover 75 was a sophisticated and well-built British saloon. Despite its elegant design and comfortable ride, the Rover 75 remains undervalued, with prices starting as low as $1,260.
The 2.0-liter and 2.5-liter petrol engines are solid choices, but the BMW-sourced 2.0-liter diesel offers the best mix of economy and reliability. For those seeking a premium-feeling classic at a bargain price, the Rover 75 is an excellent option.
9. Volvo 240: The Ultimate Daily Classic
The Volvo 240, produced from 1974 to 1993, is renowned for its tank-like durability and simple mechanics. The estate version, in particular, remains an iconic family car, with some models even featuring a rear-facing third-row seat. With its robust engines capable of covering high mileages, the Volvo 240 is one of the best classic cars for those who need reliability and practicality.
Peugeot 205: A French Hatchback Icon
While the Peugeot 205 GTI steals the spotlight, the standard 205 remains an affordable classic. Available as a three- or five-door hatchback, the 205 is stylish, practical, and fun to drive. Diesel variants offer excellent fuel economy, while petrol models deliver a lively driving experience. Its timeless design and reputation for durability make it a fantastic choice for those seeking a small, affordable classic.
Classic car ownership doesn’t have to be expensive. With careful research and a bit of patience, you can find an affordable classic that brings joy and nostalgia without breaking the bank. Whether you want a stylish roadster, a practical estate, or a quirky retro hatchback, there’s a budget-friendly classic waiting for you. Happy motoring!