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Seven classic cars which have dropped in price – including iconic roadster

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SEVEN once famous “true blue” classic cars have dropped in price including an iconic roadster and a forgotten saloon.

Some famous classic cars have become more affordable over the past few years, according to new data from Hagerty car insurance.

What’s making them cheaper is that, as time has gone by, the number of people who know about the cars’ existence reduces.

Car expert John Mayhead gives his thoughts on each of the picks and finds that some are a bit of a steal.

The list includes a Jaguar, an Alfa Romeo, a Fiat, and a Ford Mustang, MailOnline reports.

Jaguar E-Type Series 3 Roadster

A 1964 Jaguar E-Type Series 1 (stock image)

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A 1964 Jaguar E-Type Series 1 (stock image)Credit: Getty

The first motor on the list is the Jaguar E-Type Series 3 Roadster which has reduced in price by £10,000 since 2020 and sells for around £59,000 today.

The iconic motor is one of the most in demand classic cars but values have been falling of the Series 3.

Mayhead says: “An older friend of mine once told me that he can remember the first time he saw a picture of the Jaguar E-Type. He was a young boy in 1961, and the flowing lines of the big cat were like nothing he’d ever seen before.”

Austin Healey 3000 Mk1

Austin Healey 3000 mk1

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Austin Healey 3000 mk1Credit: Getty

Another motor is the Austin Healey 3000 Mk1 which sells for £45,000, down £1,450 in the previous three months.

The legendary British motor was built between 1959 and 1967 in Abingdon, Oxfordshire.

Despite having minimal weather protection, it turns heads on a sunny day.

MG TC

MG TC (stock image)

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MG TC (stock image)Credit: carandclassic

The MG TC is a real classic, entering production in 1946 and using the company’s pre-war design with some post-war developments.

Rare Jaguar E-Type identical to James Bond’s slick ride in Casino Royale hits auction for eye-watering price

Mayhead says: “There’s a thriving racing and rallying scene for pre-war ‘MMM’ MGs (Midget, Magnette and Magna cars) but the entry level can be quite steep and crash gearboxes, friction dampers and cable-operated brakes can put off those used to more modern cars.”

It now sells for £29,650 and has seen its value stay stagnant since 2017.

Alfa Romeo Giulietta Sprint 101 Normale

Alfa Romeo Giulietta Sprint (stock image)

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Alfa Romeo Giulietta Sprint (stock image)Credit: Getty

The Alfa Romeo Giulietta Sprint 101 Normale has a luxurious and sleek Italian cool to it.

Mayhead said: “The Alfa Romeo Giulietta Sprint is a wonderful car, lightweight, sports, and very easy to drive over long distances.”

Despite that, prices have only increased by £500 in the last three years with Hagerty’s guide price sitting at £43,175.

Daimler V8 250

A 1965 Daimler 250 V8 (stock image)

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A 1965 Daimler 250 V8 (stock image)Credit: Alamy

The legendary Daimler V8 250 can be fetched at auction for £17,250 with its price staying flat since 2016.

Mayhead says the motor has all the looks of the Jaguar Mk2 without the big ticket price.

The best conditioned on the lot will set you back closer to £30,000.

Fiat 124 Spider 1.6

Fiat 124 Sport Spider (stock image)

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Fiat 124 Sport Spider (stock image)Credit: Alamy

The Fiat 124 Spider 1.6 is the perfect Italian car for summer as it is only worth about a quarter of the equivalent Alfa Remeo Spider.

They’ll only set you back a modest £12,725, with the price dropping about £1,500 since 2019.

1969 Ford Mustang small block V8

1969 Ford Mustang Hardtop (stock image)

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1969 Ford Mustang Hardtop (stock image)Credit: Alamy

Finally, and surprisingly, the 1969 Ford Mustang small block V8.

The motor looks like something that Bruce Willis might drive in an action flick.

But the small block version of the Mustang comes in far cheaper than the more high-profile versions of the classic American muscle.

Plus, Mayhead thinks 1969 is a sweet spot with the year less known for Mustangs that ’68 and ’70.

1961 Austin Healey 3000 mk1 (stock image)

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1961 Austin Healey 3000 mk1 (stock image)Credit: Getty
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