'71 Hemi Cuda 'vert sells for $3.5M

[CJ1971]

http://mecum.com/news.cfm

Here's the car...

http://mecum.com/lot-detail.cfm?LOT_ID=WA0614-185434

Just sold for a record $3.5 Million... Well worth it I say ?

Edited June 18, 2014 by CJ1971

[freakshow12]

Just nuts. I friend of my dad's used to own the yellow/ tan 70 that legendary restored. He bought it in 76 for 600 bucks with a broken trans. He fixed it and sold it around 80 for 2500. Makes him sick to see it's traded hands in the millions a few times lol

[Harry P.]

The only documented numbers-matching 4-speed convertible in existence. You can't get more "special" than that. It's like the Mona Lisa of the muscle car world... when there's only one, that one is going to bring some big bucks every time it changes hands.

[CJ1971]

The only documented numbers-matching 4-speed convertible in existence. You can't get more "special" than that. It's like the Mona Lisa of the muscle car world... when there's only one, that one is going to bring some big bucks every time it changes hands.

Exactly Harry ?

[afx]

Let's see from Mecum's Spring Classic

Shelby Cobra CSX2135: $885,000

'68 Yenko Camaro SS: $270,000

'69 Hemi Charger 500: $270,000

'68 Shelby GT500KR 'vert: 267,500

'71 Hemi Cuda: $260,000

'70 Boss 429: 255,000

'69 Boss 429: $237,500

Gas, Tires, Maintenance: $1,005,000

Total: $3,500,000

or

(1) Hemi Cuda 'vert

I'll take to killer car collection and the extra Million.

[CJ1971]

Let's see from Mecum's Spring Classic

Shelby Cobra CSX2135: $885,000

'68 Yenko Camaro SS: $270,000

'69 Hemi Charger 500: $270,000

'68 Shelby GT500KR 'vert: 267,500

'71 Hemi Cuda: $260,000

'70 Boss 429: 255,000

'69 Boss 429: $237,500

Gas, Tires, Maintenance: $1,005,000

Total: $3,500,000

or

(1) Hemi Cuda 'vert

I'll take to killer car collection and the extra Million.

That's cool mate... Everyone has their own personal want/wish list. If we all wanted the same thing/car/list, then the really rare cars would be way more expensive than they are. ??

I currently have all the cars on my list... It's just that they're 1:24-1/25 in scale ?? Lol

[58 Impala]

Nice car, great restoration. But 3.5M, that's nuts. I could go to one of the top builders in the country and have a custom beast built and still have a bunch of money left over.

[Harry P.]

Nice car, great restoration. But 3.5M, that's nuts. I could go to one of the top builders in the country and have a custom beast built and still have a bunch of money left over.

But that's not the point. It has nothing to do with comparing the price this car sold for to the prices of other cars, or how many other cars you could buy (or build) for less.

The point is it's one of a kind. That's why the high price. It's extremely collectible. Of course you could build or buy other cars for a lot less, but that's irrelevant to this particular car. This particular car is bringing these kinds of prices because it is the only one in the world. And people with money are willing to pay, in exchange for owning a one-of-a-kind object. And I'm sure the buyer assumes the price will continue to rise and he can sell it for a profit any time he decides to do so. And there will always be another buyer who would love to own a one-of-a-kind car.

Sure, anyone can build a one-of-a-kind car, but the value wouldn't be the same, because anybody can go build a one-of-a-kind car. But not anyone can build another one of this car, and Chrysler will never again manufacture another car exactly like this... this one is the only one there will ever be.

[Dragline]

Getting into a super rare club requires a substantial entrance fee. I just hope it gets driven a bit, top down of course.

Bob

Edited June 18, 2014 by Dragline

[Harry P.]

Getting into a super rare club requires a substantial entrance fee.

And it doesn't get more rare than the only one.

[afx]

Getting into a super rare club requires a substantial entrance fee. I just hope it gets driven a bit, top down of course.

Bob

It will never be driven. It will be delivered by some exclusive motor carrier to the guys $5M climate controlled garage and become a museum piece until he tires of it or determines he can get sufficient return on his investment to sell it to some other museum collector.

[Harry P.]

It will never be driven. It will be delivered by some exclusive motor carrier to the guys $5M climate controlled garage and become a museum piece until he tires of it or determines he can get sufficient return on his investment to sell it to some other museum collector.

What's wrong with that? It's done with fine art all the time. Nobody buys the Mona Lisa so they can hang it in their den. Nobody would buy the rarest stamp in the world so they can slap it on an envelope and mail a birthday card. Nobody would buy a priceless Stradivarius so they can jam with the guys in the garage.

I know, I know, a car is meant to be driven.

But not a one-of-kind, $3.5M car.

[afx]

I'm not suggesting the guy should take the car street racing. And I don't deny the guy has every right to pay as much money as he cares to to own it but when objects become so valuable that they can no longer be enjoyed as they were intended then what’s the point? What good is a Stradivarius if all we can do is look at it in glass case and not enjoy it's beautiful tone. What good is the Mona Lisa if no one can admire the texture of the brush strokes or colors of the piece. What good is a car if you can't revel in the exhaust note, feel the power of it's engine, carve through a turn, enjoy the experience it was created to provide.

When cars and in particular muscle cars become nothing more than bars of gold then what's the point.

[Harry P.]

I'm not suggesting the guy should take the car street racing. And I don't deny the guy has every right to pay as much money as he cares to to own it but when objects become so valuable that they can no longer be enjoyed as they were intended then what’s the point? What good is a Stradivarius if all we can do is look at it in glass case and not enjoy it's beautiful tone. What good is the Mona Lisa if no one can admire the texture of the brush strokes or colors of the piece. What good is a car if you can't revel in the exhaust note, feel the power of it's engine, carve through a turn, enjoy the experience it was created to provide.

When cars and in particular muscle cars become nothing more than bars of gold then what's the point.

I hear you, and I agree, at least as far as sentiment goes. But at some point an object becomes so rare and so valuable that its original function becomes secondary to its perceived value. The Mona Lisa, most Strads, and that 'cuda have gotten to that point. That car is more an investment today than it is a car.

[tbill]

I fully 'get' both sides of that discussion, but if it were me, I would take out the original drive train [so as not to risk killing numbers matching parts, I.E. putting a hole on the block or something], stuff in an equally powerfull drivetrain, and drive the snot out of it

for that kinda money, I AM driving it, and having fun doing so.....

[Joe Handley]

Honestly, I'd rather wait to see if Dynacorn comes out with a reproduction tub and build a SRT 392 powered clone of that, at least then I could drive it.

[CJ1971]

I hear you, and I agree, at least as far as sentiment goes. But at some point an object becomes so rare and so valuable that its original function becomes secondary to its perceived value. The Mona Lisa, most Strads, and that 'cuda have gotten to that point. That car is more an investment today than it is a car.

Again... Exactly. It's no longer an asset to be used as it's original purpose. It's now an asset of investment. Today it sold for $3.5M... In 5yrs it could very well sell for double that. I'd say that's a good profit ?

I don't see what the difference is between a 1 of 1 Hemi 'Cuda convertible & all those rare Ferraris, Bugattis etc... No one bats an eyelid when a rare car like those go for $10M... $25M... But this 'Cuda sells for $3.5M... & the person who bought it is... Nuts? ?

[Joe Handley]

Well, those are storied Marques, while the Cuda is just another old Plymouth

[Harry P.]

Well, those are storied Marques, while the Cuda is just another old Plymouth

Not that one.

[philo426]

And to think that people were getting rid of muscle cars in droves after the '73 oil crisis.

[High octane]

While I watched the video of the sale, it didn't show who outbid me which was disappointing.

[dieseldawg142]

.......

Edited May 11, 2018 by dieseldawg142

[Sport Suburban]

That's a bargain. The only legal to own 1933 double eagle gold coin sold for 7.5 million in 2002! You can't drive the coin!

[CJ1971]

News just in... The World's most valuable stamp, the 1865 British Guiana one-cent Magenta, sold at Sotheby's auction in New York yesterday for $9.5M!

Pffffft... ? I'd rather have 3 1971 Hemi 'Cuda convertibles for that Kind've cash! I'd at least be able to drive one of them ?? Lol

Edited June 19, 2014 by CJ1971

[58 Impala]

Don't care if it's a car, coin or stamp. Anyone who spends those insane prices has more money than sense. Just my opinion.