10 dirt cheap collectible cars

Car collecting seems like an expensive hobby, but it doesn't have to be. With just $5,000 or less, you could buy a fun car.

1 of 10
BACKNEXT
1985-93 Ford Mustang 5.0 HO
1985-93 Ford Mustang 5.0 HO
Current Value: $3,000

To get started on the cheap, Hagerty Insurance, which specializes in covering collectible cars, recommends these ten models. The values given here are for cars in average condition.

One excellent cut-rate collectible is this older, V8-powered Ford Mustang. With demands for fuel economy rising, performance took a back seat in most late 1970s and early 80s cars. That made the 205 horsepower Mustang 5.0 HO a particularly desirable model for performance fans.

Starting next year, Ford is bringing out a new 5.0-liter displacement V8 for the Mustang, which will bring more attention to the original.


NEXT: 1975-80 AMC Pacer
Last updated February 18 2010: 2:25 PM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
More Galleries
RadioShack: 94 years of hits and misses The electronic giant's road to ruin is littered with 8-tracks, CD payers, pagers and many, many calculators. More
The best TV deals for the Super Bowl Want a new TV for the Super Bowl? Some great deals make now the time to buy. More
Top-paying jobs Orthopedic surgeons take home a median $410,000 in salary and bonus annually. What other great careers from CNNMoney and PayScale.com's list of Best Jobs in America offer hefty paychecks? More

Special Offer

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2015 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2015. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2015 and/or its affiliates.