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  • I've always owned classic (or retro) cars and found them to be very economically sensible, so long as you don't buy an old Jag or something. Example - Hillman Avenger GT - bought for £900, insurance £75 a year on a classic car policy, and was tax exempt so road tax was free. Parts are dirt cheap. I did all my own repairs and servicing because it's so mechanically simple. Did 40mpg which wasn't great, but not bad either. It didn't break down once, and I was doing about 6,000 miles a year in it - in fact I lent it to family and friends when their modern cars were stuck at dealerships. Got paid £250 to have it featured in some advert. Sold for £1500.

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