10 Picks For Less Than $100k at Monterey

So you've been reading the Guide to Monterey Car Week and have decided to make the trip this year and buy your first car from an auction. Or perhaps you're an auction expert, but wouldn't mind stealing a deal with a well-timed phone or internet bid from abroad. These cars won't be setting overall records at Monterey, but many of them are stars in their own right.

1970 Ford Mustang Boss 302
Estimate: $90–120,000

(Image at top) Don't let the price fool you: at its usually heavily European car-stacked auctions, muscle cars like this authentic and fully restored Boss 302 don't usually sell all that well at RM Sotheby's. If you're on the phone or in the room and the bids start slowing down, raise your hand: it's been judged at a near-perfect example and is by its description, one of the "nicest available".

1989 BMW M3 Coupé
Estimate: $60–75,000

Its estimate will no doubt cause many of you to say, "But I remember when I could get an M3 for $5,000" and you may be right. This example is a bit different. Entered into a large collection when new, it has travelled just more than 10,000 miles—and includes all original, everything. If you weren't young and moneyed enough to get one new in 1989, this is your next best chance.

1968 Toyota Land Cruiser FJ40
Estimate: $80–100,000

Don't let the price scare you: well-sorted FJ40s have been around this price for some time, especially at the larger auctions. This one comes with a number of desirable accessories and add-ons, some added during restoration, including a "resident gate pass for 17-Mile drive in Monterey".

1973 Citroën SM
Estimate: $80–100,000

You can buy a Citroën SM, a good one, for less than $50,000. The last SM believed to have been built is being advertised elsewhere for about $100,000 Usd. Originally sold to a buyer in Toronto, Ontario, Canada, it's lived a well-kept life, and has been recently, completely overhauled by marque specialists. So what makes this example special? Well: it's probably very nearly the most "perfect" SM.

1962 Messerschmitt KR 200
Estimate: $70–90,000

We've driven the KR 200, and it's a hoot. Sure, nearly $100,000 is a lot to spend on a three-wheeled microcar, but there are few finer examples in existence. And unlike a new sports car, this Messerschmitt already comes with a few trophies, including a class win at the Pebble Beach Concours d'Elegance!

1948 MG TC 1250 Roadster
Estimate: $65–85,000

A spectacular example with early and interesting California competition race history, this 1948 MG TC was entered by its owner Tod Morcott in the 1953 and '54 Torrey Pines, California, race events. After years of inactivity it was discovered as a barn find in 2011, relatively intact and complete but in need of a restoration. That work has since been completed, and the car wears a similar specification to how it would have looked in period. Better order some leather gloves…

1973 Alfa Romeo 1600 Junior by Zagato
Estimate: $55–85,000

Equipped with its original 1600 "S" Ram Air engine, muffler, undercoating, and much of its interior, this largely original Junior Zagato is surely going to only increase in value. This example has covered just over 56,450 km, or about 35,000 miles, from new. Recently serviced, it would make a fine driver for the rest of the summer…

1965 Lotus Cortina
Estimate: $75–100,000

This example is believed to have been sold new in Los Angeles in 1967 after serving more than a year as a factory demonstrator. It's been passed along and mechanically freshened since. The next owner of this delightful little Lotus Cortina can enjoy it as is, prepare it for vintage racing, or restore it for show. Jim Clark's recommended line around Donnington not included.

1973 Alfa Romeo Spider Veloce
Estimate: $25–35,000

Owned for nearly 40 years by its first owner, the car has since been well-kept and well-documented. A recent mechanical refurbishment means that this is more a driver than concours special, which suits us just fine. What a perfect color…

1961 Fiat 600 Jolly
Estimate: $50,000–75,000

A genuine Fiat 600 Jolly, from continuous ownership of 54 years—it may not be perfect or garage jewellery, but perfect instead for driving it and bringing joy to the faces of passing motorists…of which there will be many.

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