How to Find Your First Affordable Classic Car Under €15,000
A practical guide to finding and buying your first classic car on a budget. What to look for, where to search, and how to avoid expensive mistakes.
Anna Lindberg
Buyer Experience Lead
You don't need deep pockets to own a classic car. For under €15,000, you can find genuine character that no modern car can match. The key is knowing how to search, what to look for, and what mistakes to avoid.
This guide walks you through finding your first affordable classic — from Finds, a BetterQA project built by engineers who learned these lessons the hard way.
Step 1: Define What You Actually Want
Before you start searching, answer honestly:
- Driver or project? A €5,000 driver needs different evaluation than a €5,000 project
- Primary use? Weekend fun, daily driver, shows?
- Your mechanical ability? Can you handle routine maintenance?
- Storage situation? Garage or street parking affects what you can own
Step 2: Set a Realistic Budget
The purchase price is just the start:
| Cost | Budget |
|---|---|
| Purchase price | Your target (e.g., €10,000) |
| Immediate repairs | +20% of purchase |
| First year insurance | €300-800 |
| Pre-purchase inspection | €200-300 |
| Registration/taxes | Varies by country |
A €10,000 car often costs €13,000-14,000 to get running and registered properly.
Step 3: Choose Models Strategically
Look for models with:
- Active communities: Clubs mean knowledge, parts sources, and help
- Good parts availability: Can you still buy what breaks?
- High production numbers: More cars built means more parts surviving
- Simple mechanicals: Complex systems = expensive repairs
Models That Fit These Criteria (€5,000-15,000)
Mazda MX-5 (NA/NB): €5,000-12,000. Bulletproof reliability, massive parts supply, brilliant handling. The go-to first classic recommendation for good reason.
BMW E30 (non-M): €8,000-15,000. The 3-Series that defined sports sedans. Perfect weight distribution, excellent availability, appreciating steadily.
Volkswagen Golf GTI (Mk1/Mk2): €8,000-15,000. Invented the hot hatch. Simple, light, engaged driving.
Mercedes W124: €6,000-14,000. "Over-engineered" is literal. Tank-like build quality, comfortable, practical.
Volvo 240: €4,000-10,000. Indestructible, practical, increasingly fashionable. Great entry point.
Step 4: Search Strategically
Where to Look
- Curated platforms: Finds — verified sellers, condition transparency, buyer protection
- Marque forums: Often the best cars never hit public classifieds
- Local clubs: Members know of cars before they're listed
- General classifieds: OLX, Autovit — higher volume but buyer beware
Red Flags to Avoid
- Price significantly below market — there's always a reason
- Seller reluctant to allow inspection
- Fresh underseal hiding rust
- "Needs nothing" claims without documentation
Step 5: Inspect Properly
At BetterQA, we test software by assuming it's broken until proven otherwise. Apply the same thinking to classic cars:
- Rust is the killer. Check sills, floor pans, wheel arches, door bottoms
- Verify documentation. Does the VIN match everywhere?
- Get a professional inspection. €200-300 is cheap compared to surprise repairs
- Cold start test. Arrive unannounced or early — warm engines hide problems
Step 6: Buy Smart
- Condition beats rarity. A good common car brings more joy than a rough rare one
- Buy the best you can afford. Cheap cars often cost more long-term
- Join the club first. Learn before you buy
- Written agreements. Document everything, especially known issues
- Payment protection. Use platforms that hold funds until you verify the car
Browse affordable classics on Finds — every listing is verified, every seller is checked.
Finds is a BetterQA project. We believe classic car auctions should be transparent, curated, and fair.
Anna Lindberg
Buyer Experience Lead
Anna Lindberg leads buyer experience at Finds, helping first-time collectors navigate the classic car market with confidence. Finds is a BetterQA Labs venture.
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Finds is part of the BetterQA family of quality-focused products · betterqa.co