Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

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
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
Ralph Lauren's many looks A look at his brands and iconic creations More
8 biggest job killing companies of 2015 Whole Foods became the latest corporate giant to lay off workers. Here's a look at the companies that have announced the most jobs cuts this year. More
America's best beer towns Here are the best cities to crack open a cold one and celebrate Oktoberfest, according to Trulia. More

Special Offer