Classic Car Watch
Starter Collector Cars
|NOTE: This column displays cars I have found on the Internet. I am not selling them. Please follow the links if you are interest in a car. Be mindful of the date this article was published. For an explanation why I do this read the original column here.|
August 2, 2011
By Scott Lewis
I recently picked up a copy of Car Collecting: Everything You Need to Know. The book reminded me of a few things. First and foremost it told me a little more about supply and demand than I remembered for my school days.
It the collector car environment just because a car is rare, does not make it a high dollar car. The best example the book gave was my first car below. The Chevrolet Vega Cosworth. Chevy made around 2 million Vegas over the years, but only a few thousand Cosworth editions. I am sure much fewer exist today, so this is a rare car. It is also a special edition, performance version of a car. All the tell tales signs of a high dollar collector car.
However, there has never been much demand for the Coswarth Vega. Short of a small handful a devotees, it largely goes by without much attention from the collector car market.
So even though supply is low, so is demand. That keeps the price in check. And this makes for a car that can be a great value. If you define value as getting into the collector car arena for a low price, and possibly enjoying driving your car.
The Cosworth Vega below could be driven a lot more than a numbers matching 69 Camaro Z/28. So to the right buyer this car could have more value than a car you would be too worried to drive.
That is what I decided to look at this month. Cars that can get you into the collector car field for less month that more popular models. Have a look, and let me know what you think.
1975 Chevrolet Vega - $12,990
Description: Cosworth Edition, 122 CID/110 HP 4-Cyl,
4 Spd Manual, 20,000 original miles, This vehicle is on display and
available for purchase at our Fairfield Showroom 707.419.8200 or <a href="mailto:email@example.com?subject=F1015%20Chevrolet%20Vega">firstname.lastname@example.org</a>
This isn't just any ordinary Chevrolet Vega. This is a limited
production special edition Cosworth built Vega. With only 3,500 produced
it is a piece of rare history. This Vega was far ahead of its time with
its 2.0 DOHC I-4 Electronic Fuel Injected engine. Each motor was hand
built by Cosworth and lovingly assembled to be a well balanced well
performing engine. Car and Driver even named the Cosworth Vega one of
the Top 10 Best Collectable Cars in their fourth annual Ten Best issue.
Source: Specialty Sales Classics
Comments: I could see driving this car to local shows and taking it on Sunday drive. At the price of $13K I would not be worried about someone crashing into me. And insurance on a collector car with this low a price would be super cheap. This could make for a great value... if value is how much fun you get out of a car for the dollars put into it.
1965 Ford Thunderbird Hard Top Hardtop - $6,350
Description: Just in is this great driving daily driver condition 1965 Ford Thunderbird that has been driven on a daily basis the last year. It is ready to jump in and enjoy this summer with a good look and a nice ride. The light blue interior is original and very presentable showing its age. The exterior was repainted and done in a dark blue metallic with a white top and still look nice today with some chips and rust on the driver side lower rear quarter. The undercarriage looks very presentable also and appears solid. This bird is powered by a nice running and dependable 390 4 bb V8, automatic transmission, power steering, power brakes, power windows, original radio. And dual exhaust. If you are looking for a cool 60's nice looking and driving classic this is it!
Comments: This year Thunderbird is not typically a high dollar car. I put this example here because the car looks generally clean enough for the price. It gets you into the car collecting at a very low investment.
1965 Chevrolet Corvair - $6,500
Description: 2 door hardtop, automatic transmission,
new tires , Brakes include wheel Cyl, master cyl, shocks , springs,, new
front end, newly repainted three years ago but the car is always garaged
and rarely used. All original chrome. nice interior $6,500
Source: AutoTrader Classic
Comments: The Corvair is both... an affordable way into car collection... and it is on my short list. The pictures for this car were all as badly cropped/composed as the ones above. And no pics of the interior. But the outside looked clean enough I want to see this car in person. The price makes this as easy entry into the world of collecting. And there is no reason a car like this couldn't provide tens of thousands of miles of fun for the owner.
1966 Chevrolet Corvair - $10,990
Description: This is a true classic! Original owner
only 60k miles. Runs great! Been a fair weather car only. Rear engine
110 HP with a 4 speed transmission. Lots of extras.
Source: AutoTrader Classic
Comments: Here is another Corvair. It looks like it is in excellent condition. A little more than the yellow one above... but it is a convertible. Imaging driving up in this to you local car scene.
1967 Volkswagen Custom - $8,950
Description: There is a certain community of people
who are crazy about Volkswagens. This custom VW bug is sure to convert
you to one of those enthusiasts. Being featured in multiple magazines
this classic 1967 Volkswagen is surely one of the nicest around. The
laser straight, rust free body is coated in two tone light Green and
Black. The paint has been buffed to a deep shine and looks great. The
car also comes with a fitted car cover and black bra to keep it free of
rock chips. The undercarriage on this car is just as nicely finished out
as the rest with everything being nicely painted and looking great. The
car has a great ride and sits on a set of 15" chrome wheels with nice
black wall tires. The engine getting this cruiser down the road is the
1600cc engine that is very nicely done. It only has 900 miles and runs
really well. This is an awesome car that you will have a blast driving!
Source: Classical Gas Enterprises
Comments: You are probably thinking I am nuts. Think about it. You can get a collector car for under $10K. And in this case the guy that did all this to the car spent probably more than twice that building it. That's a bargain... assuming it run really well. And if it goes out of style... you only have 9 grand into it. Not bad.
1981 Chevrolet Camaro - $7,995
Description: Just in is this very clean and solid
1981 Chevy Camaro with T Tops. It is powered by what appears to be its
original V6 engine, automatic transmission, power steering, power disk
brakes, non-working factory air conditioning, T Tops, rear spoiler, and
very nice rally rims with RWL Tires. The floors, frame, and trunk are
excellent and all appear original. The outside body and paint is very
straight and has a nice shine. The interior is real clean with an
exception of a crack on the center to pass side dash pad. This is a
great running and driving T top car that is ready to jump in and enjoy
right now and will the next generation classic car in the years to come!
Buy now while they are still affordable!
Source: Coyote Classics
Comments: Who needs a 67-73 Camaro. For under $10K you can get this plain jane 81 Camaro. The last of the 2nd Gen cars. Look... these cars take all the same performance parts that 70-73 Camaro use. SO you can build this up fairly easily. A small block V-8 will drop right into place of the V-6... or you could even put in a big block, or a LS based motor. The sky's the limit. I could definitely see putting a front spoiler on this car and adding the factory Z28 strips.