Why I'll Never Spend More Than $2000 on an Old Car - Popular Mechanics

Oh, I've had expensive old cars before. I looked under the car and saw a bracelet of broken metal. I made a decision that summer day: I would never buy an old car that cost more than $2,000. That way, I would never really have to worry about it. I could learn how to work on it without destroying its value. Though it might be cheap and mold-ridden, it would still do what we want all old cars to do, which is to transport us back in time. My 1983 Mercedes-Benz 300D sedan (above) is the best horrible car I've ever owned. I bought the car for $25,000 in 1999. I sold it three years later for $25,000. Recently I was looking through an issue of Sports Car Market and there was a red 356 just like mine. It had just sold at auction for $187,000. That kind of bullshit would've never happened with a $2,000 car. Source: www.popularmechanics.com