That Beanie Baby you saved from 1997 might not be worth much, but one of these still-affordable cars
could be a valuable classic
in another 10 years. Not everyone is lucky enough to inherit a mint-condition classic car from a friend or relative, and buying one outright can be a serious investment. Investing in a car now with loads of future potential could be the way to go for anyone that wants to start their collection.
Read on with the car ownership experts at Jerry as we break down the top three “almost classic” cars you should get and why.
Luxury almost classics
According to Autocar
, the Land Rover Defender
is the type of car that will always have a following. In spite of how clunky, noisy, and old-fashioned these cars can be, they’re widely beloved for their cult-like appeal. According to Cargurus.com, the average cost of a 1990 Land Rover Defender is about $116,258.09, but you can still get your hands on one of these head-turning SUVs for pretty cheap. Of the 41 currently listed for sales on CarGurus, prices range from $15,995 to $294,990.
A 2000 Audi TT can go for prices of sub $10,000, but it could be well worth it to get this future classic now. While it’s nothing outstanding for a coupe, its underrated value makes it one to watch. The Audi TT was on Car and Driver
magazine's Ten Best lists for both 2000 and 2001. A great almost classic
Autocar also highlights the Honda NSX (1990-2005) as one to watch, but if North America the car was sold under Honda’s luxury offshoot as the Acura NSX
. The NSX was Honda’s answer to the Ferrari 355. According to SlashGear.com
, prices for an original Acura NSX are already on the rise. Honda is known for making reliable cars that are great for everyday travel, which is why the Acura NSX is so sought-after.
A 1991 Acura NSX comes equipped with a 3-liter DOHC engine and has two transmission options: a 5-speed stick shift that has a max horsepower of 270 at 7,100 rpm, or an automatic with 252 horsepower at 6,600 rpm.
Prices are already skyrocketing, but you can still find one in fair condition for around $30,000.
How to insure a classic car
Older cars are almost always cheaper to insure than one that is brand new, but skyrocketing values of certain models can drive up insurance premiums. Finding the right plan at the right price can be tricky. Luckily, the car insurance comparison app Jerry can help with that.
A licensed broker, Jerry
can source quotes from 55+ top insurance companies in less than 60 seconds. That’s right, in under a minute you’ll see offers from Travelers, Progressive, and more! The average user saves over $800 per year on car insurance.