It getting to be time to replace my 17 year old Honda Civic (I’m the original owner). What I want to buy to replace it keeps changing. I’ve been kind of stuck right now on either the new Porsche Boxster S or a BMW Z4. The new Porsche is getting towards the edge of what I want to pay, but of the two, it would be more first choice.
Recently though, I’ve been thinking that it would be much more interesting and fun to drive an old British or German classic car. I’m thinking maybe an Austin Healey (I would prefer a 100/4, but a 100/6 might be more affordable), a Triumph TR3, Jaguar E-Type or a Mecedes 190SL. My concern is, is that any of these cars would become a money pit. While I understand that a classic roadster isn’t going to be as reliable as a modern car, would any of these cars be more reliable than the others? Both my wife and I live fairly close to work, so we would be ok if the car conks out once in a while (I think I may get a scooter to have in-case of such occurrences). I just want to avoid something that is going to breakdown every other day.
That being said, is there any reasoning behind the pricing of classic cars? I’ve seen E-Types on-line selling for over $100K on the same page as others selling for $25K (the ones selling for $25K didn’t look like beat up restoration projects. They weren’t concourse condition, but they didn’t look to be rusted out hulks either)
Or would I just be better off buying a modern car?