Earlier this month our friends at Hagerty reported on the some of the absolute cheapest ways to get into the old-car hobby. These included cars like the 1975–81 Triumph TR7, the 1986–91 Cadillac Seville, and the 1973–77 Olds Vista Cruiser. The “ew gross” reaction these cars elicited in some of the comments wasn’t too surprising; no one, it seems, wants to shop for fun cars at a suburban Goodwill.
But what about the fun cars you might find at, say, the Goodwill in Beverly Hills?
That’s right, we’re talking about bargain-basement exotics—not exactly a tagline that inspires confidence when shopping for often-temperamental imports, but they are out there. Just know that service history and records are important to consider here. And just because a car is cheap, or keenly priced, if you prefer, doesn’t mean it’s not worth owning, especially if it provides entry into a marque you’ve always coveted. So give some consideration to these five once-distinguished Euro-mobiles, the cheapest models from their makers and all rated in #3 (good) condition. Let us know if you think we have missed any other contenders.
1973–77 Lamborghini Urraco
Lamborghini announced the Urraco in 1970 as a Marcello Gandini–styled 2+2 coupe with a transverse V-8 mounted amidships. As a sharper-edged follow-up to the swoopy Miura, it foreshadowed the shape of Lambos to come. When it finally arrived for 1973, it made a fine competitor to the Ferrari Dino 308 GT4 and was available in 220-hp 2.5-liter P250 form, while the 265-hp 3.0-liter P300 launched in 1975. When that car arrived in the U.S. a year later, however, power was severely choked by emissions equipment, down to around 180 horses. Not many were built—just 522 of the P250s and 205 P300s—but today a #3 example ranges from $49,000 usd/ $68,350 cad for a P250 to $59,000 usd/ $82,290 cad for the P300. Given the ascendancy of Miura, Countach, Diablo, and Murcielago prices in recent years, that the Urraco is still so cheap is a bit surprising.
1977–82 Porsche 924
From the start, it seemed like Porsche vs. the world when it came to the 924. Whether because it was front-engined, or water-cooled, or simply a discount sports car meant to be a Volkswagen, plenty of people discounted it from the get-go. Until they drove it and realized, hey, this thing’s great. And it was great. Still is. With just enough power (110 hp from ’77 on) from a VW/Audi-sourced 2.0-liter four to complement its finely poised chassis, the 924 remains an excellent, easily approachable driver’s car, with good club support. Rust has killed many of them, and although Porsche built around 150,000 examples, parts are available but spendy, especially interior bits. A good #3 example should set you back about $8500 usd/ $11,856 cad. For comparison, an early 944 in the same shape is around $10,500 usd/ $14,645 cad.
1980–87 Ferrari Mondial 8 / Mondial 3.2 Coupe
When it came time to replace the Bertone-designed Dino 308 GT4, Ferrari tapped Pininfarina, and the resulting Mondial debuted in 1980 as a 2+2 coupe, with a convertible joining the lineup four years later. The GT4’s 2927-cc transversely mounted V-8 carried over, with Bosch fuel injection replacing Weber carbs, and in the Mondial it made 214 hp. They were sharp handlers, with more interior space than their predecessor, but no one ever accused them of being fast. Other Mondial variants arrived throughout the ’80s to address that, however, including the Quattrovalvole (QV) in 1984, the 260-hp 3.2 of 1986, and the radically different t of 1989, but it is the early coupes, along with the 3.2 coupes, that are most affordable. Today, a #3 Mondial 8 or 3.2 coupe costs about $22,000 usd/ $30,686 cad.
1981–87 Rolls-Royce Silver Spirit
If you’re an enthusiast of affordable opulence and Dijon mustard, then then look no further than the Silver Spirit. Successor to the upright Silver Shadow, the Spirit utilized a 220-hp 6.75-liter V-8 mated to a three-speed automatic. Inside, of course, you got all the trimmings, with Connolly leather seating, Wilton wool carpeting, and burl walnut inlays, as well as A/C and power everything. Giving the Spirit its silky-smooth road manners was a Citroën-sourced self-leveling hydropneumatic suspension. Rolls-Royces from this era have never been cheap to maintain, and deferred maintenance issues claimed many of them, so records are key with any Silver Spirit you might have your sights on. The right one, in #3 condition, won’t cost you much, at around $8400 usd/ $11,716 cad, but it will likely have needs, which could cost a lot.
1997–99 Aston Martin DB7
Even 30 years on, the 335-hp Aston DB7 still looks gorgeous from every angle, and upon its arrival, it was instantly an Aston worthy of the famous DB badge. If you can overlook its relative lack of exclusivity, with more than 7000 produced in both coupe and convertible form, what you get is a proper English grand tourer with excellent performance and luxurious interior appointments. Subtle differences set it apart from the contemporary Jaguar XK8 (which costs less, it should be noted), and the higher costs associated with maintenance and repair are likely to set it apart as well. But right around $21,000 usd/ $29,291 cad should get you a good coupe, with the convertibles slightly cheaper.
For the Silo, Stefan Lombard, Author at Hagerty Media.