Journal: What’s The Most Incredible Price You’ve Seen For A Classic Car?

What’s The Most Incredible Price You’ve Seen For A Classic Car?

Michael Banovsky By Michael Banovsky
March 23, 2016
9 comments

Inflation is one thing, but there’s no question that vehicles have become more expensive.

We’ve all seen scans of old classified ads, showing ridiculously low prices for incredible machines—remember the $3,500 Mercedes-Benz 300SL? Andrew Golseth recently opined about which modern cars would make great classics, and I think it’s simply a matter of interest. Perhaps the Toyota MR2 will become a million-dollar car someday—a feat possible if there are enough people out there willing to pay that price.

You may scoff, but top-flight Nissan Skyline GT-Rs of all generations will no doubt enjoy seven-figure attention in the collector car market, though we’ll probably be waiting until 2040.  

I’ve been looking around over the last few weeks to find examples of older classified ads that are fun to look back at today, knowing how the market has gone. What’s the most incredible period deal you’ve seen on a classic car?

Image sources: pinimg.comflickr.comexaminer.comsportscardigest.comphotobucket.com, thumbnail image courtesy of RM Sotheby’s

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Steely
Steely

I can’t remember how long ago, but I remember a Porsche 356 speedster for sale locally at £6000, it needed some work, but damn that would have been a shrewd buy, about 10 years ago I stopped to look at a very good black 80’s Saab 900 aero coupe that I spotted on the side of the road with a for sale sign, 1 owner, full history, the owner threw me the keys and said take it for a spin, he wanted £600, I offered £500 because it was due a service and mot but he wouldn’t budge and I… Read more »

Edward Levin
Edward Levin

1966 Road & Track classified ads (same issue):

1963 250 GTO: $9,500
1964 250 GTO/64: $10,000
1965 427 Cobra: $4,500

La Dolce Vita
La Dolce Vita

In Sep 2008, my friend’s dad offered his lovingly cared for 246 Dino GTS for a very reasonable price (at the time) of £80k. Could have afforded it…just, but the credit crunch was unfolding and seemed nuts to buy a Ferrari when many folks were loosing their jobs, so politely declined. Still kick myself each time I see one advertised at £350k+ and most are nowhere as nice.

John SARMENTO
John SARMENTO

In 2003, my wife and I were stationed in Sicily and I bought a 1971 Alfa GT Jr for $2200 in not great, but perfectly drivable shape. Drove it almost daily for about 2.5 years, fixing things as necessary. About 6 months before we were due to rotate back to the states, I noticed the rust in the floor had finally pushed through and I decided not to bring it home to the US. Sold it to a buddy (who helped me work on the car and knew everything about it) for $4000. The Mrs mentioned the other day how… Read more »

Amir Kakhsaz
Amir Kakhsaz

In ’03 or maybe ’04 I passed on a 1973 911S Targa original California car with under 100K miles for $6500.

In ’09 I passed on an RS America with 40K miles for $34,000. Black on black with 993 X51 spec 3.8 liter engine, everything else stock.

Benjamin Shahrabani
Benjamin Shahrabani

If only we had a Delorean time machine…so we could go back in time and scoop some of these incredible deals.

Dtam23
Dtam23

It’s not a classic car story but I did go to see a 360 CS ($133k Cdn) and 599 GTB 6 speed manual ($189k Cdn) 2 years ago at the same dealer and could not convince the wife to buy either as they were well above my $100k threshold. We know what both go for now.

Rowesy
Rowesy

Was that a Red 599 at MVL in Toronto? Went to check it out as well.
Hindsight 20/20

Guitar Slinger
Guitar Slinger

The one’s that go away ;

1974 – $680 for a 67 XKE convertible in reasonable working order
1975 – $1250 for a 356 Speedster .. in good repair
1980 – $9,500 for an Alfa Romeo 1750 …. and $3500 for a Montreal .. both in very good repair .

And if you think those are depressing …What I paid for my three ‘ F ‘ word purchases would reduce y’all to tears in this over inflated more money than financial discernment bubble we’re in