With the price of vintage junk going through the roof these days (thanks hipsters!!) it might seem a tall order to find a classic car that's everyday driveable, looks cool, and doesn't cost an arm/leg. However, you might have to deal with steel wheels (with granny caps) and light green paint. Find this 1970 Datsun 510 offered for $8,500 in Goldendale, WA via craigslist.
The Datsun 510 (known as the Bluebird outside the US & Canada) was
the Japanese counterpart to the BMW 2002 from parent company Nissan.
Like the 2002, they were built by the boatload, rusted instantly when
exposed to moisture and languished in a price range that put them just
inches from the crusher for decades. However, 2-door versions have seen some price appreciation in the past few years -- act fast before they cost as much as Porsche 912s.
Powering the 510 is an L16 inline-4, which is a 1.6 liter (non-crossflow) overhead cam tractoresque thing that made 92 horsepower from the factory. Unfortunately this L16 is mated to a 3-speed automatic, so the sporty character is considerably diminished, however with original paint, 44k miles, and 2 owners it could be the time capsule you've been looking for.
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