8 affordable classic cars beloved by retirees
Senior citizens who have retired may suddenly find themselves with spare time and an interest in taking up a hobby, such as owning a classic car.
The folks at classic-car insurer Hagerty Insurance looked at their valuation data to come up with these classic cars for seniors that are affordable, available for purchase in "good" condition, likely to increase in value and easy to maintain with widely available parts. The car values are as of December 2012, and are the most recent available from Hagerty.
1964 Ford Thunderbird
Average price for good condition: $11,200 coupe; $23,200 convertible
What's to love: The classic T-Bird is likely to bring back memories for today's seniors and will be a conversation piece wherever you drive it. The 1964 model offers style and comfort while still being affordable.