auto

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.

1978 Chevrolet Corvette Silver Anniversary coupe

Average price for good condition: $17,000
What's to love: The most popular classic car to collect is the Corvette, and the 1978 Silver Anniversary coupe is comfortable to drive, easy to maintain and still very affordable.

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