Barry Blackburn · Shutterstock.comBuying a classic car is a lot easier than it used to be. Gone are the days when you had to rely on word of mouth or gut instinct to make good use of your hard-earned money.Now, you can easily look up any car's history online by inputting its vehicle identification number on sites like Kelley Blue Book or Carvana. You can also use these sites to compare and research different makes and models of classic cars.Despite this, many classic car owners suffer buyer's remorse after purchasing a vehicle that costs them thousands of dollars -- if not more -- in repairs, maintenance and hidden issues. Here are nine classic cars to steer clear of due to performance or reliability issues and limited trade-in or resale value.Maserati BiturboAccording to Stamatis Zotos, a professional mechanic and owner of a car rental company, the Maserati Biturbo (1982 to 1988) is one classic vehicle to stay away from buying.Although this car might appeal to the more budget-conscious collector, it has a poor reputation when it comes to build quality and reliability issues. It also has a history of turbo failures and electrical issues, making it expensive to maintain and repair.Triumph StagWhen it was first launched in 1970 in the UK, the Triumph Stag was a great addition to international car shows. In those days, it was also in high demand among auto enthusiasts and collectors, which led to inflated prices.Unfortunately, the Triumph Stag hasn't performed well over time. Over the years, it's become known for its mechanical unreliability, which primarily arises from having an engine that frequently overheats."Although it has a distinct look and is initially appealing..." added Zotos, "the original 3.0-liter V8 had chronic overheating issues, often leading to head gasket failures and other costly repairs."Chevrolet CamaroThe Chevrolet Camaro is an iconic American muscle car, and those made between 1976 and 1981 are considered classics. Unfortunately, vehicles from these particular years have seen their share of problems.Andy Saari, a master automotive technician at Nexedge Technician, suggested avoiding these classic cars. "These vehicles suffered from poor build quality, lackluster engines and were heavily impacted by the implementation of tighter emission regulations," he said.All of these issues have impacted the Chevrolet Camaro's overall value, especially in comparison to earlier or later models. Expensive repairs and maintenance also cut into any investment or resale value the vehicle might have had.The AMC PacerA classic American car from 1975 to 1980, the AMC Pacer was a cool car back in its day, but it's likely not worth the investment now. This is largely due to its many structural flaws, issues with steering and limited power and performance."The Pacer is more comprehensive than a tank," said Peter Niebling, dealer principal at Redlands Mazda. But it's also very heavy and highly prone to rust. "Let's be honest -- they'd make terrible rides to own now," said Niebling.Chevrolet CorvairBuilt between the years 1960 and 1969, the Chevy Corvair is one classic car that might have been a cool new ride to have in the past, but isn't worth the cost now."The Corvair seems neat with its rear-engine design," said Niebling. "But handling those things couldn't have been more sketchy."Not only that, but owning a Corvair today can be very expensive. Getting the right parts for repair purposes can be tricky and expensive, according to Niebling.Triumph TR7A UK sports car from 1974 to 1981, the Triumph TR7 might look cool, but it probably isn't worth the cost of upkeep.Niebling said, "The TR7 looked slick when it first dropped. But it turned out to be unreliable, with many electrical issues and stuff breaking down. Good luck finding replacement parts, too."While the Triumph TR7 might have met the safety standards of its time, it does suffer from certain safety issues like poor brakes. This isn't uncommon for an older classic car, but it can put a serious dent in your return on investment.Cadillac EldoradoBuilt between 1980 and 1985, the Cadillac Eldorado has had a mixed reputation over the years. In particular, the early models of this classic luxury car have experienced their share of issues.Sari warned, "These models faced various mechanical issues, including engine and transmission problems."This combined with changing consumer preferences and a decrease in demand has caused the value of these vehicles to plummet.Ford Mustang IIThe Ford Mustang II is hit-and-miss when it comes to investment value. Produced between 1974 and 1986, this classic lacks in power when compared to similar vehicles."This model lacked the performance and appeal of its predecessors, leaving it overshadowed and underappreciated," said Saari.As a result, the overall market value is relatively low compared to what you're gettingCadillac SevilleLast but not least is the Cadillac Seville, which was produced from 1976 to 1980. Zotos explained, "These models are notorious for their Oldsmobile-sourced 350 diesel engine, which was prone to failure."Overall demand for these vehicles has also diminished, further reducing resale value.This article was provided by MoneyLion.com for informational purposes only and should not be construed as financial, legal or tax advice.More From MoneyLion:Save Up to $1,100 on Car Insurance in MinutesGet a Free Gold IRA Guide From Forbes' Most Trusted Gold Company, Plus Up to $25K in Bonus SilverLooking to Buy Investment Properties? These Loans Offer Fast FundingCash In Your Unused Gold at Today's Top Prices
+45 others
