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.

1958 Edsel Convertible
1958 Edsel Convertible
Value today: $51,000
Price when new: $3,800

You have to feel a little bad for Henry Ford's son, Edsel. The automaker tried to honor the memory of the style-conscious former executive -- responsible for bringing Lincoln into the company -- by naming a new division after him in the late 1950s. Brought out with much fanfare, Edsel tanked quickly, turning Edsel's name into a virtual synonym for failure.

But the cars themselves have done pretty well. While prices vary a lot, convertibles, in particular, are sought after. This one was sold by Barrett-Jackson for close to $50,000.

By Peter Valdes-Dapena @PeterDrives - Last updated February 03 2012: 1:24 PM ET
Join the Conversation
Someday, you'll wish you owned these cars

Hagerty Insurance says these 10 relatively affordable cars will likely become collectibles and will sell for big bucks at car auctions decades from now.

Find Your Next Car

Get the latest car news: