Lots of classic sports cars face large increases in value, and interest in them increases as they age. These cars are often highly sought after due to their history, power and appearance, and finding good-condition copies is becoming more and more difficult day by day. However, this is only the minority of classic cars on the market, with most older cars still not being sought after or loved by collectors and depreciating or staying the same for a very long time.
There is often a wide range of reasons why some classic sports cars stay cheap over time. Whether it’s poor build quality, slow speed, or poor appearance, cars can be junk to the point of literally costing peanuts to buy. We have compiled this list to show some of the cheapest classic sports cars and also their reasons why they are so cheap so you can assess if they are worth owning.
1972 Fiat X1 / 9 1300 ($ 8,500)
Noted for its handling abilities and racing feel, the Fiat X1 / 9 was a small sports car released in the 1970s. Many expected it to be a fairly powerful car because it was so light (weighing $ 1). 40 kg), but it was not, and its engine never produced more than 75 horsepower. Nonetheless, the car was a nimble engine to drive and it felt very stable.
However, it hasn’t been very impressive over the years as rust has started to settle in the car, and there have been many instances where the car has suffered from terminal rot. Build quality issues have made this a pretty junk car and buyers will be looking to pay about $ 8,500 for a Fiat X1 / 9 1300 nowadays.
1975 Triumph TR7 ($ 3,900)
When the Triumph TR7 was released in 1974, many liked its cool styling. The car received good reviews and it arrived in the US before it was even sold in the UK, which was surprising as the US was considering banning open-top cars at the time. After some time on the market, it became clear that the car had not been developed due to the financial problems Triumph had at the time.
Despite its beautiful interior and appeal, the TR7 has a weak engine that was not powerful enough and the build quality of the car was appalling. Buyers can now expect to pay around $ 3,900 for a TR7, which reflects the bad aging of the car. It is considered a lemon and drivers much prefer to buy a TR6 or even the V8-powered TR8 before the underpowered TR7.
1975 Lotus Éclat ($ 8,700)
Released in 1974, the Lotus Eclat was released after the United States rejected the Lotus Elise for its shooting brake style. Lotus launched the Eclat with the same engine options as the Elise and brought in an additional 5 hp, producing 160 hp in total. However, the car never did as well as the Elise as it was particularly heavy for a Lotus, weighing 2399 pounds.
The Shard was brilliant in terms of handling, but the heavy feel and odd appearance make it quite undesirable now. There is also not much Eclat available with only 1299 products, so the Price of $ 8,700 is incredibly cheap for a rare British sports car.
1974 Ford Mustang II ($ 7,400)
The second generation of the Ford Mustang was released in 1973 and its release coincided with the oil crisis. The car was pushed straight into the era of unrest, where muscle cars were underpowered and they lost a lot of their momentum. The Mustang II featured improved handling and weighed 490 lbs less than the original Mustang, but it just wasn’t fast enough to justify its lack of power and lackluster appearance.
Going from 0 to 100 km / h in 10.5 seconds was hardly impressive, making it the slowest muscle car of the decade, and enthusiasts were utterly disappointed. For this reason, the car is very cheap nowadays. costs about $ 7,400 on average. It was a complete disappointment and it didn’t reflect what the Mustang is.
1971 Triumph Stag ($ 13,700)
Released in 1970, the Triumph Stag was nicely styled and many loved its comfort. The car had a 3.0 liter V8 engine which sounded fantastic, but there were many issues with the car and this reflected the number of Triumph cars that suffered during the 1970s as well. were the build quality issues that plagued the engine.
Engine problems included overheating the powertrain and the need for a complete rebuild, which meant more money was being spent on repairs. Since there are so many engine issues and costly repairs, the Stag costs about $ 13,700 nowadays, and many of them are in good condition because they have survived this long, but buyers should be careful with engine issues.
1984 Pontiac Fiero ($ 3,000)
The Pontiac Fiero was released in 1984, mainly because Pontiac wanted to have a car that looked sporty in its lineup. Due to emissions and oil regulations, the Fiero wasn’t really powered like a sports car. Equipped with a 2.5-liter “Iron Duke” engine producing 92 hp, its power levels were not exactly desirable. Despite the lack of power hampering its status as a true sports car, it was endowed with good handling and was very comfortable.
The updated models brought in more power, but the standard Fiero stuck in that direction. In addition, the Fiero had serious safety issues and caught fire frequently, especially in GT models released in 1986. For these reasons, the Fiero costs about $ 3,000 these days, and its price shouldn’t go up anytime soon.
1984 Datsun 300ZX ($ 10,500)
Released in 1984, the Datsun 300ZX was wider and boxier than the previous 280Z, but many also found it more refined and modernized for the time. It had a Nissan V6 engine that produced 180 hp, which was a good amount for a car of its size. Also, the build quality was excellent, many have survived in good condition today, but many cars have been tuned over time.
However, despite its nice build and a good engine, the 300ZX was not very fast for what it was, going from 0 to 100 km / h in 7.1 seconds. It was more of a cruise car than a sports car and it wasn’t as popular as the last-gen Z32 300ZX. The prices of this model remain very low, with the 300ZX costing around $ 10,500 on average, but buyers should be careful with poorly edited versions.
1975 MG Midget MkIV ($ 5,300)
Launched in 1975, the MG Midget MkIV was the last installment in the Midget range. The American versions were very undesirable due to the addition of rubber safety bumpers which added weight to the car. Additionally, power was on the decline in the MkIV with 55.5 hp, resulting in a top speed of just 80 mph. The build quality wasn’t the best either, thanks to British Leyland.
Buyers should be aware of the poor quality of the MkIV, as it is the worst in the family of Midget cars, they should also always be careful of rust in the car. Costing around $ 5,300 now it’s easy to see why the prices are so low. Many owners have chosen to remove the rubber bumpers and replace them with chrome bumpers which go some way towards redeeming the car.
1982 Chevrolet Camaro Iron Duke ($ 5,600)
The Chevrolet Camaro Iron Duke was a complete flop for Chevrolet and a massive disappointment among enthusiasts. While he looked very aggressive and sporty, his performances told a very different story. The 2.5-liter Iron Duke engine produced an insanely small power of 90bhp, and it did nothing for the name of the muscle car. While it was supposed to be the solution to the emissions and oil problems of the ’70s, it was better not to be produced.
Being unable to hit 100 mph is ridiculous in a muscle car that looked like that. Buyers can expect pay $ 5,600 for one of them these days, which is hardly surprising given their reputation.
We can romanticize classic sports cars, but automotive history is also littered with models that will prove disastrous for anyone who falls in love with them.
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