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.

Cars: Flops then, collectible now

Some cars that wouldn't sell in their own time have become highly sought after today.

1 of 10
BACKNEXT
Edsel (1958-60)
Edsel (1958-60)
Value: Over $100,000 for convertible in good condition

The name Edsel has become synonymous with "flop." When Ford developed the Edsel car line in the 1950s, it was intended to offer customers something a bit nicer and more distinctive than Mercury cars but not quite as luxurious as a Lincoln.

Ford spent about $400 million to develop the cars, or about $3 billion in today's money, according to Hagerty Insurance, a company that insures collectible cars. During Edsel's short life, only 118,000 cars were sold, about half of what Ford needed to break even.

Edsels are valuable today in part simply because most cars from that chrome-and-fins era are increasing in value, said McKeel Hagerty, president of Hagerty Insurance. The more chrome and the bigger the fins, the better.


NEXT: Amphicar (1961-68)
Last updated July 07 2010: 11:03 AM ET
Find Your Next Car
More Galleries
11 tasty treats to bring back from a business trip Nothing is as crowd-pleasing or pragmatic as edible souvenirs. We've found foodie gifts that are both delicious and distinguished in 11 popular business destinations. More
15 women who founded $1 billion startups Meet 15 women behind some of the world's hottest startups. More
Here are 27 ads Russian trolls bought on Facebook and Instagram The House Intelligence Committee on Wednesday released some of the ads a Russian troll farm purchased on Facebook and Instagram during and after the U.S. presidential election. More

Special Offer