Top 5 Classic Vehicles You Can Make Yours For Under $5,000

Some gearheads may have extra five figures sitting in the bank waiting for that old Porsche or Corvette they’ve always coveted to go up for sale, but this is just applicable to the lucky few. Well, if not all of us, definitely some of us have to deal with their kid’s tuition, rent, hefty student loans etc. The list is endless. We certainly don’t have the figures to spare, and this can make it hard especially if you’re a car person and you like to do your weekend runs in style. Well, don’t worry. Even though the classic vehicle market seems to appreciate every single day, it still has some usable, interesting classics to offer with very affordable prices.

Below is a list of these great options:

1990-1994 Volkswagen Corrado

Even with a sports car marketing tag on it in the early ‘90s, the front-drive vehicle has since faded away from the minds of many in America. The hardcore Volkswagen fans seem to be the only lot that keeps track of them. In its era, VW Corrado did 17,000 in sales in the US with it being relatively expensive compared to its fun sibling, the Golf GTI. By the time the production was coming to a halt, price tags on some of these models had reached $20,000 and given it was the early ‘90s; they offered tremendous speed performance. Fitted with a supercharged 1.8-liter engine, they packed up to 158 horsepower with 166 lb-ft of torque which enabled them to make a 0 to 60 mph sprint in under 7.5 seconds and achieve a top speed of 140 mph. For those who needed more power, they could get the VR6-powered option (2.8-liter) that would crank up to 178 horsepower with 177 lb-ft and an even lower 0 to 60 sprint time of 6.5 seconds. If that’s not enough, it also offered all sorts of top-notch tech goodies, the likes of an electronic traction control and rear power spoiler.

The pricing on this classic according to Hagerty Price Guide has slightly increased recently. Creeping over our $5,000 price range are the VR6 models which made a late entrance, but the Corrados are still good for our budget range. One of the pitfalls to acquiring this classic is that getting the parts can be a hard nut to crack with power features such as the sunroof and rear spoiler being prone to failure. Also, 1.8-liter cars with superchargers have a thing for breaking prematurely.

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