Classic Cars That Are Pretty Much Worthless Today

Classic cars are the pinnacle of automotive culture. More often than not, they offer a unique driving experience that's unlike anything made today. Not all classic cars are created equal, though.

From luxurious European sedans to Japanese sports cars, many older vehicles end up forgotten. As a result, their resale value takes a plunge. These are some of the older automobiles that have suffered the highest loss in value over the last years.

Chevrolet El Camino

Vintage Chevrolet El Camino
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The Chevrolet El Camino was a unique vehicle that blended the practicality of a pickup with the comfort and styling of a regular car. Produced from 1959 to 1987, the El Camino had quickly become a cult classic.

Despite its popularity, the Chevy El Camino experienced significant depreciation in recent years. Changes in consumer preferences, limited demand for utility vehicles, and the availability of more practical and efficient options have contributed to its downfall. The majority of El Camino variants can be picked up for just a fraction of their original MSRP today.

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Ford Torino

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Success in NASCAR caused the Ford Torino to gain its reputation in the late 1960s. The iconic Torino Talladega was a race car based on Ford's flagship midsize.

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Racing heritage was not enough for the Torino to hold its value. A change in market preferences, rising fuel costs, and the introduction of newer vehicles that were able to outperform the once-unbeatable Ford Torino are to blame. Today, the vehicle serves as a great entry-level classic car for petrolheads on a bit of a tighter budget.

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Chevrolet Corvette C3 (1980s)

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The third generation of America's first sports car saw a long production run that started in the second half of the 1960s and continued all the way into the early 1980s. Although the C3 was a modern car when it first launched, the model struggled to keep up with the changing market over a decade later.

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By the early 1980s, the C3 was already somewhat dated. GM offered the car with the L-48 V8 engine that made only 180 horses, a far cry from the big-block variants from a decade earlier. As a result, the late-production C3 Corvette is among the cheapest legendary classic cars money can buy.

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Lincoln Continental

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The history of this luxury vehicle dates back all the way to the late 1930s. As one of Lincoln's flagship models, it quickly gained a reputation for its elegant design, spacious interior, and refined driving experience. The production of the model was only discontinued in 2020.

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Despite its initial prestige, the Lincoln Continental has experienced notable depreciation over time. While earlier generations, such as the iconic '60s models, hold their worth well, later generations have seen a significant decline in value. This depreciation presents an opportunity for those seeking a luxurious and comfortable ride at a more affordable price point in the classic car market.

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Dodge Charger

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There is no denying that the original Dodge Charger is easily one of the most significant muscle cars in the world. Believe it or not, some variants of this automotive icon are nowhere near as valuable as the rarest trim levels.

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Some later generations of the Charger, especially those with higher production numbers or the ones powered by weaker engines, have experienced rapid depreciation. Models from the early 1970s don't hold their value anywhere near as well as their older counterparts.

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Ferrari Mondial

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The Mondial was unlike any other Ferrari. Back in 1980, the Italian automaker released this four-seater sports car as a more practical alternative to the other Prancing Horses.

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As expected, most die-hard Ferrari fans weren't too fond of the Mondial. The departure from Ferrari's traditional mid-engine, two-seater sports car philosophy made the Mondial a lot less desired than its alternatives. As a result, the Mondial has become a more affordable entry point into the world of Ferrari ownership, making it an attractive option for enthusiasts seeking a distinctive and accessible classic Ferrari experience. It remains one of the most affordable classic Ferrari models money can buy.

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Chevrolet Camaro Z28

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The Camaro underwent a much-needed update in the early 1980s with the release of the third generation of the iconic muscle car. The new Camaro featured improvements in handling, a new aerodynamic design, as well as various V8 engine options to choose from.

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Reliability concerns caused the third-gen to plummet in value shortly after its release. An underpowered variant equipped with GM's 305-cubic inch V8 motor rated at barely 190 horsepower certainly didn't help, either. At one point, these bad boys could be picked up for just a few thousand dollars.

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1964 Mercury Marauder

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The 1964 Mercury Marauder was a full-size, performance-oriented car introduced by Mercury, the luxury subdivision of Ford. The Marauder lineup aimed to provide a mix of style, comfort, and power.

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Despite a low production run, Marauders were quick to plummet in value just years after the model's initial release. A shift in buyer preferences towards smaller and more fuel-efficient vehicles played a major part, as well as the increased availability of more powerful muscle cars from rivaling automakers. s a result, the 1960s Marauder can often be found at relatively affordable prices compared to its original value.

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DeLorean DMC-12

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The DeLorean DMC-12 is an iconic sports car that gained worldwide fame after appearing in the "Back to the Future" movies. Introduced in 1981, the DeLorean was envisioned as a futuristic and innovative vehicle with its stainless steel body and gull-wing doors.

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Sadly, the performance of the Delorean did not match its extravagant looks. The vehicle was severely underpowered and handled awfully. Additionally, a high-profile legal case involving the company's founder, John DeLorean, further impacted its reputation. As a result, the DeLorean DMC-12 became a symbol of failed automotive ventures and experienced a substantial decline in value.

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Cadillac Allante

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Cadillac introduced the stylish Allante in the late 1980s. This drop-top was designed to compete with classy European sports cars while maintaining a domestic price tag. The body was even designed by Italian coachmaker Pininfarina!

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Sadly, the Allante suffered from serious quality control issues, high production costs, and strong competition from established luxury brands. Skyrocketing maintenance costs successfully scared buyers and owners away, resulting in the car absolutely plummeting in value.

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Renault Le Car

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The Renault Le Car, also known as the Renault 5 outside the US, made its debut in 1972 as a compact hatchback. It quickly gained popularity for its efficient design, affordability, and practicality.

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Owners quickly found out that the Le Car suffered from serious reliability issues, as well as a lack of parts and servicing within the US. As a result, this cute little hatchback quickly plummeted in value and hasn't really regained it ever since.

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Buick Riviera

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The Buick Riviera is a luxury coupe that made its debut in 1963. It was introduced as Buick's flagship model, embodying elegance, power, and cutting-edge design. The iconic Boat Tail designed, offered for the 1971-73 model years, remains among the most iconic variants of the car.

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Despite its gorgeous looks, the Buick Riviera saw significant depreciation over the years. The demand for powerful luxury coupes practically vanished following the oil crisis. There was no place on the market for vehicles such as the Riviera anymore.

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Alfa Romeo GTV6

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Alfa Romeos are among the best-looking automobiles in the world, and the gorgeous GTV6 is no exception. This sports coupe, initially released in 1980, features a rear-wheel drive layout and a great-sounding V6 engine.

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Unfortunately, Alfa Romeo cars are also notorious for reliability issues and high maintenance costs. The GTV6 quickly declined in value shortly after its discontinuation in the late 1980s. Today, a well-preserved unit can be picked up for a fraction of its original MSRP.

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Porsche 928

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The Porsche 928 is a grand tourer that made its debut in 1977, aimed at providing a luxurious driving experience with powerful performance. It was Porsche's first front-engined V8-powered sports car, designed to compete with high-end GT models.

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However, the Porsche 928 has experienced significant depreciation over time. Factors contributing to this include the initial high cost of ownership, expensive maintenance and repairs, and a shift in market preferences towards more traditional rear-engined Porsche models. Despite its excellent handling and innovative design, the 928 faced challenges maintaining its value in the used car market. As a result, it has become a more accessible option for Porsche enthusiasts seeking a unique blend of luxury and performance at a more affordable price point.

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Chevrolet Caprice

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The Chevrolet Caprice is a full-size sedan that first hit the roads in the middle of the 1960s. The flagship model attracted potential buyers with generous space, luxurious comfort, and an array of robust engine choices.

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Not long after its 1965 debut, the demand for large gas-guzzling sedans vanished. The bulky Caprice became dated, with buyers flocking to more fuel-efficient alternatives. As a result, the Caprice's value has dropped considerably and has never returned to its former glory.

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Fiat X1/9

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The Fiat X1/9 is a two-seater sports car that made its debut in 1972. Designed by Bertone, it featured a mid-engine layout and a removable targa-style top, offering a thrilling driving experience combined with open-top fun.

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Unfortunately, the Fiat X1/9 has experienced significant depreciation over the years. Factors contributing to this include reliability issues, difficulty in finding parts, and a decline in demand for older European sports cars. The X1/9's depreciation has made it an affordable choice for enthusiasts seeking a unique and quirky classic car. Despite its lower resale value, the X1/9's charming design and mid-engine layout still hold appeal for those looking for a distinctive and engaging driving experience.

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Triumph TR7

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The Triumph TR7 is a sports car that made its debut in 1975. Designed to be a modern and affordable sports car, it featured a wedge-shaped design and a 2.0-liter engine, aiming to capture the spirit of the era.

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However, the Triumph TR7 has experienced notable depreciation over time. Factors contributing to this include quality control issues, reliability concerns, and changing market preferences for more classic and revered sports car models. The TR7's depreciation has made it an accessible choice for enthusiasts seeking a unique and budget-friendly classic car experience. Despite its reputation, the TR7 still holds a dedicated following and offers a distinctive driving experience for those who appreciate its unique design and British heritage.

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Chrysler TC by Maserati

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The Chrysler TC by Maserati was a luxury convertible introduced in 1989 as a collaboration between the two automakers. Similar to the previously mentioned Cadillac Allante, the aim was to combine American luxury with Italian performance.

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Unsurprisingly, buyers didn't really want to pay a Maserati price for a Chrysler. The sales figures were low, and the model was quickly retired just a few years after its debut. The remaining units plummeted in value due to high maintenance costs. The now-forgotten TC can be a good deal for buyers on a budget who are looking for a quirky, unique ride.

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Saab 900 Turbo

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The Saab 900 Turbo is a classic car that made its debut in 1978. This Swedish model has gone down in automotive history as the first mass-produced turbocharged car. Buyers were drawn in by the Swedish design, practicality, and performance.

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It was far from perfect for Saab, though. The company had already been undergoing financial struggles, and the 900 Turbo's limited availability of parts and a decline in demand for older European vehicles only made matters worse. This model lost the vast majority of its value just years after its initial debut.

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BMW M3 E46

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The BMW M3 E46 is a high-performance sports car based on the 3-Series that made its debut in 2000. Impressive performance, precise handling, and a powerful inline-six engine under the hood all ensured that the fourth-gen M3 stayed true to its roots.

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The BMW M3 E46 experienced a significant depreciation shortly after its discontinuation in 2006. The introduction of newer M3 models, skyrocketing maintenance costs, and the availability of alternative sports cars from Audi and Mercedes have contributed to its declining value. Today, the depreciated prices have made the E46 M3 a more accessible option for enthusiasts seeking a thrilling driving experience without breaking the bank.

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Pontiac Fiero

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Releasing the Fiero was a pretty brave move by General Motors. The car was developed to be an affordable two-seater sports car, giving buyers a proper mid-engine sports car experience for a fraction of the price.

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The Fiero was nowhere near as appealing as the automaker had hoped, though. The car became notorious for reliability issues, as well as a high price tag that was not justified by performance or build quality. The Fiero has dropped in value significantly over the years. Today, it remains a go-to platform for supercar replicas and kit cars.

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Chevrolet Monte Carlo SS

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Chevrolet developed the Monte Carlo SS as a high-performance variant of the regular Monte Carlo. Aside from a power bump and an improved suspension, the SS also received a slight visual makeover. Naturally, the vehicle came powered by a V8 motor.

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Despite GM's best efforts, the Monte Carlo SS never really caught on as much as its competitors. The 1980s weren't exactly the best decade for gas-guzzling muscle cars, either. All this contributed to a major plummet in value. It looks like the prices have started to pick up in recent years, though.

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AMC Pacer

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The AMC Pacer is easily one of the most unique American cars of the 20th century. This cute car was designed as a response to the growing demand for smaller fuel-efficient vehicles following the oil crisis. Its distinctive bubble-shaped design quickly became iconic.

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It seems as if the styling may have been too unconventional for American buyers. The Pacer was also pretty basic, and many owners reported reliability issues, causing the car to drop in value significantly. Today, however, the prices are on the rise again as well-preserved examples have become nearly impossible to find.

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Oldsmobile Cutlass Ciera

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The Oldsmobile Cutlass Ciera was a mid-size sedan that debuted in 1982. Positioned as a reliable and affordable family car, it offered comfortable seating and a smooth ride ideal for long road trips.

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Oldsmobile struggled as an automaker, and the Cutlass Ciera was not spared. The downfall of the brand eventually caused virtually all Oldsmobiles to plummet in value, including the Cutlass Ciera. A decline in demand for older American sedans, which was replaced by SUVs within the next years, did not help either.

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Jaguar XJ-S

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Creating a successor for an automobile as legendary as the Jaguar E Type is no easy task, and the British manufacturer knew it. The XJS is a luxury grand tourer that hit the market in the mid-1970s, offering the best of the Jaguar DNA- elegance, comfort, and high performance.

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Unfortunately, this Jaguar was notorious for reliability issues. Units equipped with the optional V12 motor were the worst offenders. The XJS always remained overshadowed by its iconic predecessor, causing the car to drop in value radically shortly after its debut. The XJ-S still embodies the timeless charm of a Jaguar grand tourer for what has now become a very affordable price tag.

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Datsun 280ZX

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Nissan presented the 280ZX in the late 1970s as a successor to the beloved 280Z. The sports car was developed to combine the timeless design and driving experience of its predecessor with improved comfort and modern technological advancements.

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Potential buyers were primarily afraid of the car's frequent reliability issues. Its unconventional design was quite polarizing, too. The 280ZX's depreciation has made it an attractive option for enthusiasts seeking a classic sports car at a more affordable price point.

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Ford Mustang II

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Ford was forced to completely reimagine its flagship pony car following the oil crisis of the early 1970s. The second-gen Mustang was introduced as a response to the changing market demands, featuring a smaller size and more fuel-efficient engines.

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It's pretty easy to see why many buyers considered the second-gen Mustang a major downgrade. The departure from the traditional Mustang styling was questionable at best. Weak performance, quality issues, and a lack of enthusiast appeal compared to earlier and later Mustang models all caused the value to plummet.

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Mercury Capri

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The Mercury Capri is a compact sports coupe that debuted in 1970. Originally introduced as a European import, it aimed to offer American consumers a taste of European styling and performance.

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However, the Mercury Capri has experienced notable depreciation over the following decades. Buyers weren't too fond of what was essentially a rebadged Ford Mustang. Despite its lower resale value, the Capri still holds nostalgic value for some, representing a chapter in automotive history when American and European influences merged to create a distinct and sporty coupe.

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Volkswagen Karmann Ghia

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The Volkswagen Karmann Ghia is an underappreciated German icon that debuted in the mid-50s. Designed in collaboration with German coachbuilder Karmann, the car combined the mechanical components of the Volkswagen Beetle with a sleek body.

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The use of a Beetle powertrain did cause the Karmann Ghia to be nowhere near as powerful as its competitors, though. Rival sports cars released by other German automakers, such as the Mercedes-Benz SL, were better than the Volkswagen in virtually every single way. There weren't many logical reasons that would make potential buyers pick a Karmann Ghia over its competitors, causing the resale value of the car to decline dramatically.

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Chevrolet Chevette

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The Chevrolet Chevette is a subcompact car that debuted in 1975. It was designed to offer affordable transportation in response to the rising demand for smaller and more fuel-efficient vehicles.

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Most buyers and ex-owners would agree that the cars' lack of build quality, a limited array of features, and the availability of more advanced and modern compact cars all contributed to the eventual downfall of this model. The Chevette has made a mark in automotive history as an accessible and economical choice for everyday driving, although a high resale value is certainly not its strongest point.

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Buick Reatta

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The Buick Reatta is a luxury sports coupe that debuted in 1988. The model was introduced as a unique and innovative two-seater car featuring advanced electronic technology and a distinctive design inspired by European roadsters.

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The Reatta was never meant to be a mainstream vehicle, as the demand for small two-seater sports cars had always been scarce, especially in the US. Buick's Reatta was also nowhere near as appealing as some of its European or even domestic competitors. As a result, the resale value of the car began to plummet dramatically.

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BMW 3 Series (E36)

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The BMW E36 made its debut in 1990 as the successor to the E30. The car offered a significant evolution in design, engineering, and technology compared with its dated predecessor. The E36 became a favorite among buyers, notably for its precise handling, balanced performance, and engaging driving experience.

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While the E36 has experienced rapid depreciation over time, it remains a popular choice among BMW enthusiasts who appreciate its classic styling, driving dynamics, and the opportunity to own a piece of BMW's rich automotive history. Base models in decent condition can be picked up for as little as a few thousand dollars.

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Chevrolet Corvette C4

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Chevy unveiled the all-new fourth generation of the Corvette sports car for the 1984 model year. The car received a much-needed makeover, as the previous generation had been in production since the second half of the 60s!

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Although America's first sports car received lots of improvements, a boost in power wasn't one of them. In fact, for its first year on the market, the C4 Corvette utilized a weak V8 from the late production C3! As a result, the 1984 Corvette remains the cheapest Vette money can buy today.

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AMC Gremlin

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The AMC Gremlin is an economical and practical vehicle; its development targeted the growing demand for smaller cars during the fuel crisis. The model hit the market in the early 1970s, right as the demand was expected to boom. The Gremlin was pretty much set up for success.

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However, the AMC Gremlin wasn't as successful as AMC had hoped. The unconventional design of economic cars, as well as the lack of quality compared to competitors, both caused the resale value to drop drastically. The demand for this particular segment disappeared after the 1970s, too, further affecting the car's value.

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Ford Granada

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The Ford Granada is a mid-size car that made its debut in 1975. It was introduced as a more luxurious and upscale alternative to the Ford Maverick, catering to the increasing demand for comfortable family sedans.

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Sadly, the performance of the Granada simply wasn't as good as its competition. The vehicle was also notorious for reliability issues. On top of all this, the design quickly became dated, and the Blue Oval struggled to keep up. As a result, the resale value of the car plunged.

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Ford Pinto

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The Ford Pinto is a subcompact car that was introduced in 1971, shortly after the oil crisis. It was designed to be a small, affordable, and fuel-efficient option for the growing demand for compact cars.

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However, the Ford Pinto's reputation was marred by a series of safety issues and scandals. A controversy surrounding its fuel tank design, which made it susceptible to exploding in rear-end collisions. The awful perception of the Pinto also resulted in its value crashing dramatically.

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Chevrolet Corvair

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Chevrolet released the Corvair, an innovative compact, back in the early 1960s. Make no mistake; this is not your ordinary bland compact car. The Corvair featured an air-cooled, turbocharged motor installed in the rear of the car!

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Much like the previously mentioned Pinto, the Corvair became infamous for a range of serious safety issues. A 1965 book by Ralph Nader titled "Unsafe at Any Speed" criticized Corvair's awful handling, which made it a serious safety hazard. Unsurprisingly, its resale value plummeted not long after.

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Mercedes Benz W210

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It is no secret that luxury vehicles are among the worst offenders when it comes to rapid depreciation. Buyers of a brand new Mercedes-Benz E-Class or a BMW 7-Series should expect to lose at least 50% of the car's MSRP just a few years within driving off the lot.

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The W210 generation of the Mercedes-Benz E-Class, produced throughout the late 1990s, is a prime example. Once a modern and extremely desired, classy sedan, the car has become practically worthless just years after its initial debut.

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Pontiac Sunbird

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The Pontiac Sunbird is a compact car that made its debut in 1975. It was introduced as a stylish vehicle catering to the growing demand for smaller fuel-efficient vehicles following the oil crisis.

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Much like many early production cars, the Sunbird struggled with reliability issues. Pontiac failed to ensure that their compact could outperform any of its direct competitors, either. Despite tough circumstances, Pontiac continued selling the Sunbird for nearly two decades before its inevitable discontinuation in 1994.

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Dodge Omni

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The downfall of the Dodge Omni proves that most American compacts developed as an answer to the fuel crisis were set up for failure. This vehicle was made to be fuel-efficient and affordable.

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In reality, however, the Dodge Omni featured awful build quality, leading to a wide array of reliability issues. The performance was awful, though that was beside the point. American compacts such as the Omni eventually had to make way for their Japanese rivals, which offered more practicality and better quality at a lower price. As a result, the resale value of the Omni plummeted.

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1969 Ford Mustang Boss 302

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The 1969 Mustang Boss 302 featured a high-revving 5.0-liter V8 with modified Cleveland 351 heads and a solid lifter valvetrain, generating 290 hp and 290 lb-ft of torque, and enabling a 0-60 mph time of just 6.9 seconds. Ford also enhanced handling with stiffer springs, reinforced shock towers, and F60-15 tires.

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The Boss 302's reputation was, however, marred by notorious engine issues and costly reliability issues, as its pistons often failed or cracked causing severe internal damage as early as 20,000 miles.

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Triumph Stag

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The Triumph Stag, like many British Leyland vehicles, was a stylishly flawed icon. It featured eye-catching chrome details, but the structural "T-bar" left drivers feeling exposed. Moreover, the 3.0-liter V8 powertrain was capable, but suffered from notorious overheating issues and unreliable water pumps.

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In addition to that, the timing chain often broke prematurely, and corrosion-prone materials exacerbated the engine's heating problems. Although the Stag was initially popular in the UK, it ultimately became infamous for mechanical failures. The U.S. market, in particular, saw additional issues as emission regulations required design changes that worsened performance and heat dissipation.

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1975 Chevrolet Camaro

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The 1975 Camaro, like many muscle cars of its era, fell victim to the oil crisis. Chevrolet trimmed its engine lineup to three options: a 250ci inline-six with 105 hp, a 350ci V8 with 145 hp, and a detuned 350ci V8 producing 155 hp.

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Even the top LT trim, with the strongest V8, reached 60 mph in a sluggish 11 seconds, completing the quarter mile in 17.4 seconds. Unlike Ford, which downsized the Mustang, Chevrolet kept the Camaro's classic look – but the anemic engines left enthusiasts unsatisfied with this grossly underpowered "muscle car."

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1971 Chrysler Imperial LeBaron Hardtop

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The 1971 Chrysler Imperial LeBaron Hardtop, with its imposing "fuselage" design, marked a low point for the Imperial marque. At over 19 feet long, this massive car boasted some of the longest fenders in history, but its look was more intimidating than elegant. Moreover, its massive 440-cubic-inch V8 wasn't fuel-efficient, which was, ummm, not ok after the oil crisis.

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So despite all its magnanimity, its garish interior, and its 4-wheel Bendix ABS (the first American production car to offer so), it quickly faded out of the spotlight.

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Chrysler PT Cruiser

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Introduced in 2001, the Chrysler PT Cruiser blended retro styling with practical design. Despite its compact exterior, it impressed with 120 cubic feet of interior space, enhanced by foldable and removable seats. The PT Cruiser was offered in both manual and auto transmissions, and had a fuel efficiency of 20/26 mpg for city and highway use.

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The powertrain was, however, sluggish. Powered by a 2.4-liter inline-four engine, it could barely produce 150 hp and took 8.6 seconds to reach 60 mph. The PT Cruiser's charm quickly faded and today, it’s largely viewed as an automotive fad past its prime.

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GM EV1

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Launched in 1996 in a move towards sustainable transportation, the EV1 was a sporty, nimble, and well-engineered two-seater designed to meet California's zero-emissions mandate. However, its early-generation lead-acid batteries (which were later upgraded to nickel-metal hydride), lacked the range and durability required to compete with traditional vehicles.

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The program also faced high production costs, which made mass adoption unrealistic. GM eventually stopped the production in 1990, leading to widespread criticism from eco-conscious customers.

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1980 Corvette 305 California

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In 1980, California's strict emissions regulations forced GM to create a unique, but lackluster, version of the Corvette exclusively for the state. Unlike other Corvette models, it had just one engine option – a detuned LG4 305 cubic-inch V8 that generated a modest 180 horsepower and 255 lb-ft of torque – barely more powerful than the original 1953 Corvette.

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The 'California Corvette’ had a 0-60 mph time of 9.3 seconds and was capable of reaching 122 mph. However, the federal speedometer limited drivers to just 85 mph, further reducing its appeal.

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Jaguar X-Type

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Launched in 2001, the Jaguar X-Type was intended to capture the entry-level luxury segment dominated by BMW and Mercedes. Jaguar borrowed the Ford Mondeo platform to reduce costs, resulting in a controversial front-wheel-drive-based "all-wheel drive" sports sedan that disappointed purists expecting traditional Jaguar sophistication.

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Although it got positive reviews on performance, especially in regards to its handling in snow, and introduced Jaguar's first diesel engine, the X-Type felt to many like a "rebranded Ford," which killed its appeal.

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Cadillac Cimarron

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One of Cadillac's most regrettable ventures, the Cimarron was produced from 1982 to 1988. Rushed to market in response to rising demand for compact luxury cars, it was essentially a rebranded Chevrolet Cavalier, totally devoid of the refinement expected of Cadillac.

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With its modest 125-horsepower V6 engine, basic interior, and near-identical design to GM’s other J-platform sedans, the Cimarron failed to deliver in terms of both luxury and performance… despite an exorbitant tag. Today, it remains not only a low-value classic, but a stark lesson in branding missteps.

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1974 Pontiac GTO

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The 1974 Pontiac GTO marked a disappointing end for a car once hailed as the original muscle car. As energy crises, emission standards, and rising insurance rates hit the auto industry, sales for Pontiac's GTO dropped drastically from over 70,000 units in 1969 to a mere 5,807 in 1972.

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In response, Pontiac rebranded the GTO as a Ventura-based model in 1974, featuring a single 350 cu-in engine producing just 200 hp and 295 lb-ft of torque. Though buyers could choose between a three-speed manual, four-speed manual, or automatic transmission, performance remained unimpressive: 0-60 mph took 9.4 seconds, and the quarter-mile came at a sluggish 16.5 seconds.

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Dodge Mirada

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The Mirada was a sports luxury coupe made by Dodge from 1980 to 1983. It was built on Chrysler's J-platform and shared many similarities with the Cordoba and Imperial. However, despite its "sporty" image, the Mirada lacked performance, with its 5.2L V8 engine delivering a mere 130 horsepower.

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Moreover, a number of design choices mandated by Chrysler's leadership, such as the vinyl landau roof and chrome trim, were not appreciated by customers. The Mirada never gained popularity, resulting in low production numbers and a lackluster reputation in the classic car market.

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Chevrolet Citation

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Replacing the Chevrolet Nova, the Citation was an ambitious attempt by General Motors to compete in the front-wheel-drive compact market. Like its other X-platform siblings, the Chevy Citation captured consumer attention with its modern and fuel-efficient design. However, the car was plagued by serious mechanical issues, including brake lockup and steering problems, which led to a damaged reputation and numerous recalls.

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Although the sportier X-11 trim tried to revive interest with its 130-hp V6 and improved handling, the Citation's appeal had waned by then. Attempts to rebrand the car as the "Citation II" also failed, and production eventually ended in 1985.

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Mercury Bobcat

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Unveiled in 1974, the Mercury Bobcat was essentially a Ford Pinto with a touch of Mercury styling – including an egg-crate grille and chrome accents – that attempted to position it as a more "upscale" option. The car later received a front-end redesign with rectangular headlamps and a larger grille to keep up with the changing styles.

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Unfortunately, the Bobcat inherited Pinto's safety concerns, its underwhelming 88-hp engine, and its notorious reliability issues. Production of the car ended in 1980, and today it is a rarely sought after classic.

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Bricklin SV-1

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The Bricklin SV-1 was a Canadian sports car created by Malcolm Bricklin from 1974 to 1975. Designed as a futuristic "Safety Vehicle," the car featured a unique acrylic-and-fiberglass body, a steel rollover frame, and energy-absorbing bumpers.

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But unfortunately, its 5.9L V8 engine couldn't overcome the car’s significant weight, leading to underwhelming performance. Add to this the car’s reliability issues, its frequent breakdowns, and its heavy hydraulic gullwing doors which took a sluggish 12 seconds to open, the SV-1 quickly lost appeal. Production halted after 3,000 units.

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Plymouth Volaré

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The Plymouth Volaré, along with its sibling the Dodge Aspen, was Chrysler's last attempt to capture the compact car market before introducing its front-wheel-drive K-cars. Initially promising, the Volaré aimed for a "precision-sized" design and featured innovations like a transverse torsion bar suspension for a smoother ride.

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The car was, however, plagued by rushed production and cost-cutting measures… and it soon developed a notorious reputation for quality issues, including rust-prone fenders and faulty steering columns. As if it was not enough, the powertrain was grossly sluggish.

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1977 MG Midget 1500

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The 1977 MG Midget 1500 was a failed attempt by the British automaker to satisfy stricter U.S. emissions regulations. Its 1.5L inline-four engine produced a modest 50 horsepower due to emissions control components like air pumps and catalytic converters.

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This power drop, paired with a single Zenith-Stromberg carburetor, made the sports car extremely sluggish compared to previous models. Moreover, the Midget also gained heavy black plastic bumpers and a raised ride height to meet safety standards, which messed up its handling dynamics.

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1988 Sterling 825

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Powered by a 160-hp 2.5L V6 enabling a top speed of 130 mph and an estimated 0-60 mph time of 8.8 seconds, the 1988 Sterling 825 was no slouch in terms of performance. However, its long list of electrical and mechanical failures quickly overshadowed its appeal.

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From malfunctioning gauges and leaky windows to seat and sunroof issues, owners reported a myriad of problems, many of which required multiple repairs over just a few thousand miles. The sports car soon became notorious for its reliability issues, resulting in a low resale value.

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Renault Alliance

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The Renault Alliance was a compact car born out of partnership between American Motors Corporation and Renault in 1983. The car aimed to combine European styling with American engineering… and was initially praised for its design and comfort. But it ultimately failed to make a lasting impact.

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The Alliance's 1.7L inline-four engine offered a lackluster performance with just 82 horses produced. Moreover, it had an uninspiring build quality and suffered from several reliability issues, all of which hampered its resale value. Production was halted in 1987.

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Lancia Beta

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The Lancia Beta was a stylish and well-designed entry-level luxury car that also offered decent performance for its class with its 2.0L inline-four engine producing 119 horsepower.

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The Italian sports car, however, quickly became notorious for its unreliable build quality. Its body, particularly the subframe, was prone to rust, often causing structural issues. The Beta also developed a reputation for frequent breakdowns, which further reduced its appeal. Today, it's one of the least sought after classics.

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1974 Jaguar XK-E V12 Series III

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The Jaguar E-Type began as a 1961 icon of beauty and speed, but by 1974, it had become a clunky, overburdened compromise. To meet U.S. emissions standards, Jaguar replaced the smooth 4.2-liter six-cylinder engine with a heavy, temperamental 5.3-liter V12, which hurt performance and handling. The sleek fixed-head coupe was dropped in favor of less elegant 2+2 and convertible models.

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Furthermore, the design was ruined by bulbous fenders that replaced the car's once-streamlined lines, and unsightly rubber bumpers were added to meet crash regulations. Today, it sells at way less than it should.