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-   -   $5 Million Dollar HEMI CUDA Convertible!! (https://www.yenko.net/forum/showthread.php?t=82593)

SamLBInj 08-25-2005 08:29 PM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
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I don't think they had SCMODS then...and I couldn't get out from the back seat unless they opened it from the outside for me.

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Ahh, the olden dayz, remeber those well.. https://www.yenko.net/ubbthreads/imag...mlins/cool.gif

njsteve 08-25-2005 08:52 PM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
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You gotta be kiddin... https://www.yenko.net/ubbthreads/imag...ins/tongue.gif you could take 2 zeros off the end and i'd still think it was overpriced... https://www.yenko.net/ubbthreads/imag...mlins/grin.gif

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It would still be overpriced at 300K. Real value is probably around $140K. There is rare (a 4 door hemi car) and then there is rare and valuable (a hemicuda ragtop).

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Math lesson for the day... if you take 2 zeros off of 3,000,000 it becomes 30,000, not 300,000. https://www.yenko.net/ubbthreads/imag...mlins/wink.gif

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Hey I got a F+ in math back in high school. https://www.yenko.net/ubbthreads/imag...ns/scholar.gif

SamLBInj 08-25-2005 09:19 PM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
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Hey I got a F+ in math back in high school. https://www.yenko.net/ubbthreads/imag...ns/scholar.gif

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My Math teacher flunked me too, a couple years later we met at a bar and I wound up flunking her, twice https://www.yenko.net/ubbthreads/imag...ns/naughty.gif

PPPJJJFFF 08-25-2005 09:48 PM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
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[ QUOTE ]

Hey I got a F+ in math back in high school. https://www.yenko.net/ubbthreads/imag...ns/scholar.gif

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My Math teacher flunked me too, a couple years later we met at a bar and I wound up flunking her, twice https://www.yenko.net/ubbthreads/imag...ns/naughty.gif

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My favotite part of this thread. https://www.yenko.net/ubbthreads/imag...mlins/wink.gif Patrick

Charley Lillard 08-26-2005 04:30 PM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
I'm in the 30K camp on that one.

Chris396 08-27-2005 09:25 AM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
I don't know what to think of this market. I am also glad I'm not in the market for a house either. I don't doubt a Hemi convertible is worth a lot of money but 5 million? I see people talking about about thier 1200sq ft houses worth half a million with a crazy look in thier eyes too. Maybe I'm a pessimist but when regular people tell me the value of something will only go up that's when I want out. I think the prices will stay up and the days of cheap muscle are over but this market has gotten silly.

mrriggsohara 08-28-2005 04:56 AM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
We shall see what the 4-door hemi car brings at the randworkman auction. Obviously most folks have NOT owned 20-30 collectible cars at the same time, because if anyone had they would know that once you own all of the rarest and desirable cars in the world, you begin to search for things that no one else has. The 4-door car up for auction is the only one in the world available for sale. One is in Don Garlits museum. He won't sell his for $5 Million (he himself said that). The Canadaian export belongs to the same guy who owns the car up for auction. He will not sell more than one of his cars. The final car is in Finland, not for sale.
Question: Why would anyone pay $100,000,000 for a piece of canvas with oiil on it? For example, a Van Gogh painting. The answer. Because they collect "rare" art. Why would anyone pay $3,000,000 for a 1971 hemi cuda convertible? Because it is a 4-speed 1971 hemi cuda convertible. Regarding the 4-door car: People who already have it all want what no one else has. This car is it. I know of offers on the same car of $1 million dollars almost 10 years ago before a single hemi cuda convertible of any year sold for so much. People with a lot of money dictate the prices and verify values by their willingness to purchase. This particular caliber of collector thinks differently than us common car lovers. We own Yenko Camaro cars. Some of us have paid up to hundreds of thousands for our cars. How could anyone state that a 4-door car of less than 4 built out of 11,000 is worth less than a Yenko Camaro? Answer: Ignorance and lack of wherewithall. How dare people insult others far more advanced in the art of collecting automobiles, someone such as the owner of the 4-door hemi car for sale on line for $3,000,000, when you have no idea what it means to have a full collection of valuable muscle cars (hemi cudas, yenko camaros, LS6 chevelles, 435 hp Corvettes, shelby mustangs, etc) and after this still crave individuality.
If the car sells for less than millions, I will have been speaking out of turn. If the car does sell for millions, then please take this message as a valuable lesson. Extremely unique and rare cars are worth what someone is willing to pay for them. Before they are sold, they cannot truly be appraised. There is nothing to compare them to.
By September 11th, we will know the value of that wierd 4-door hemi car. I am willing to bet that the 1971 hemi cuda does sell for $5,000,000 plus, and the 4-door hemi car, no less than $2,000,000.

Verne_Frantz 08-28-2005 05:26 AM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
I don't know who "ohara" is, but I think he has the right view of what's in the buyers market today. In my opinion, he has explained how these cars are now in the same category as fine art, and why they will reach the values we will see better than anyone. I also think it's a shame. Read his post again and again until it soaks in. That IS what is happening.
Are the people willing to pay these prices "car guys"?? Maybe to themselves they are. And definitely in a very different catagory than most of us. I guess what this means is that, most of our dream cars will always be just that - dreams. And NOBODY will ever experience the thrill of driving one of these cars. After paying that much $$$$ for one, it is truely only a collectible,
whether it is on the wall or on the floor. https://www.yenko.net/ubbthreads/imag...lins/frown.gif

This will create a tidal wave in the hobby. Investers will scramble to purchase the rare cars, and pay almost anything to own one, for it's "investmate" value. I wish the stock market was doing better so the cars could be left to the hobbiests.............. https://www.yenko.net/ubbthreads/imag...s/confused.gif https://www.yenko.net/ubbthreads/imag...s/confused.gif https://www.yenko.net/ubbthreads/imag...lins/frown.gif https://www.yenko.net/ubbthreads/imag...lins/frown.gif

Charley Lillard 08-28-2005 05:33 AM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
Welcome to the site Riggs. I based my opinion on it's looks. a Yenko looks good. A 71 Hemi cuda looks good. a 10 million dollar painting usually looks good. There are rare Edsels but they don't sell for much. Yes the 4 door car is low production but it does nothing for me. I sometimes enjoy just sitting and looking at my cars because they look neat. I don't think I would look at the 4 door car the same way. You seem very sure the convert will bring the 5 mil and the 4 door will bring 2 mil. Do you know more that you are telling us ? I had heard a rumor that the convert had already sold along with many others. Any truth to the rumors ? Will the Hemi Coronet convert sell for 1 mil ? Don't take too much of what we say too seriously on this little sight. This is not the ABC evening news.

njsteve 08-28-2005 05:37 AM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
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How could anyone state that a 4-door car of less than 4 built out of 11,000 is worth less than a Yenko Camaro? Answer:

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Answer: because it's a four door.

Gee, In 1986 a real four door Impala with a 427/425 and a four speed beat my real 1971 Hemicuda convertible at the Supercar Showdown. I guess that particular four door must be worth at least 7 million now because it was just as rare as my hemi ragtop. I will say it again, there's rare and there's valuable. They dont always equate to the same thing, that being $$$$. Just because something is numerically rare, doesnt mean it's inversely, numerically valuable.

You might want to check the website of the auction you mention and click on the "terms and conditions" It actually says that the following:

"3. Unless the sale of an article is advertised or announced to be otherwise, each lot is offered subject to the reserve price of the Seller. When an article is sold with reserve, the auctioneer may bid on the Seller's behalf in an amount not to exceed the reserve price."

That is very scary fine print. Forgive my ignorance but doesn't that mean the auctioneers can throw in shill bidding to build up the price just below the $3,000,000 reserve on that four door hemi, just for the records books?

I am actually going to the auction and I'm bringing the Z11. If it sells, the amount it brings won't even be a quarter of the sales tax on one of those hemi ragtops. I will make sure I bring my camera...this one should be interesting.

Charley Lillard 08-28-2005 05:43 AM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
I need to revise my opinion. I went to the site and looked at the car. Kinda cute.

To the guy that has everything and price is no object. I have what I think is the best Shelby GT500 there is and it is "One of One". I will sell it for 5 mil.

njsteve 08-28-2005 05:51 AM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
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I need to revise my opinion. I went to the site and looked at the car. Kinda cute.

To the guy that has everything and price is no object. I have what I think is the best Shelby GT500 there is and it is "One of One". I will sell it for 5 mil.

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I won't give you a penny over $4,999,999.99 https://www.yenko.net/ubbthreads/imag...ns/naughty.gif

Chevy454 08-28-2005 06:59 AM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
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Answer: because it's a four door.

Gee, In 1986 a real four door Impala with a 427/425 and a four speed beat my real 1971 Hemicuda convertible at the Supercar Showdown. I guess that particular four door must be worth at least 7 million now because it was just as rare as my hemi ragtop. I will say it again, there's rare and there's valuable. They dont always equate to the same thing, that being $$$$. Just because something is numerically rare, doesnt mean it's inversely, numerically valuable.


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One of my Pure Stock buddies has a funny saying: "Rare does not always mean desirable. It's rare that I crap my pants...but it's not desirable!" It may or may not apply here, but I like to slip it in whenever possible! https://www.yenko.net/ubbthreads/imag...iggthumpup.gif

mrriggsohara 08-28-2005 07:16 AM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
Although the auction may bid up to the reserve price, they will only bid against real bidders to keep it going. The auction house will not bid alone, or against itself. Their purpose is to sell cars, not make up historical numbers.
Regarding rarity versus value: You are absolutely correct when you say, "there's rare and there's valuable. They dont always equate to the same thing, that being $$$$." Remember that each person out there possesses their own reasons for purchasing certain cars. There can be no dispute that a 1966 Dodge Coronet Deluxe 4-Door sedan is not at all sexy looking compared to Gullwing Mercedes, GT40, Shelby Cobra, Challenger R/T, or Ferrari, but remember, there is an ass for every seat, and beauty is in the eye of the beholder (so they say). Let's look at Picasso paintings. I think they are mostly ugly. But many people pay millions of dollars for them. Why? Because they can. Why would someone pay $5,000,000 for a 1971 Hemi Cuda convertible? Because it is the last hemi convertible ever produced. To some people that means something. The plain jane grampa 4-door hemi car is 1 of only 4 out of 11,000 hemi cars. That, too, means something to some people. Consider this: If you or I owned one of these cars, the last hemi cuda convertible or the 4-door hemi car, one thing we would definitely have is "bragging rights." Like, "I own the Empire State Building." Not too many people can say that. And, again, to some, that means something. Honestly, if I had the millions to spend without denting my bank account, I would want both cars and probably 100 more. The pleasure and enjoyment that comes from merely looking at other people's cars can only be increased by actually being able to own and admire them in our own garages or, in the case of 100 cars, our own warehouses. But like an earlier writer stated: He likes strawberries, the other person likes cherries. He will never like cherries, and the other person will never like strawberries. Let's get used to it, in some extreme cases, the car hobby has become a high stakes game in which most of us cannot participate. When it comes to the hemi cars, both pretty and ugly, the market is completely unpredictable when we waunder around at the top. The more common hemi models are not so difficult to figure out pricing, i.e., Chargers and Roadrunners. But these two cars being discussed here are far from ordinary. Let's give the respect deserved and consider the historical significance of these cars. They may not be cars for us based on a number of reasons. Looks, money, whatever. However, some very wealthy and experienced collectors out there can have whatever they want. And from what I've seen, they want this stuff. Probably because they already have most of the other stuff we all have.

By the way, which original 1971 hemi cuda convertible did you own in 1986? Was it automatic or 4-speed? Regarding the 4-door Impala, that sounds nice, too. Do you think the Impala was a real 427/425 car or a made car? Or do you not know. Some crazy Chevy collector like Reggie Jackson might be interested in a car like that. I have no idea how many were built. Do you?

njsteve 08-28-2005 05:19 PM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
1 Attachment(s)
The 4 door Impala was a red one and was featured in Musclecar Review around that time. Here's a photo. My car was the yellow and white one with an automatic. The last U.S production built car. (The white one was an export car) I sold it to "Otis" a year later. Never could get it to break into the 13's, so I got rid of it. Just too heavy and slow. https://www.yenko.net/ubbthreads/imag...mlins/grin.gif I like what I have now. It's a lot quicker. https://www.yenko.net/ubbthreads/imag...ns/naughty.gif

BTW, I have a full album of the 86 Musclecar Nationals. There was even a dark green ZL1 running in the 12's. From what I remember it was damn quick and very loud (with chambered exhaust).

SamLBInj 08-28-2005 05:21 PM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
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One of my Pure Stock buddies has a funny saying: "Rare does not always mean desirable. It's rare that I crap my pants...but it's not desirable!" It may or may not apply here, but I like to slip it in whenever possible! https://www.yenko.net/ubbthreads/imag...iggthumpup.gif

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Slip what in? this isnt the reason for the pants crapping is it? https://www.yenko.net/ubbthreads/imag...emlins/eek.gif https://www.yenko.net/ubbthreads/images/graemlins/no.gif https://www.yenko.net/ubbthreads/imag...mlins/hmmm.gif https://www.yenko.net/ubbthreads/imag...mlins/grin.gif

njsteve 08-28-2005 05:22 PM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
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Answer: because it's a four door.

Gee, In 1986 a real four door Impala with a 427/425 and a four speed beat my real 1971 Hemicuda convertible at the Supercar Showdown. I guess that particular four door must be worth at least 7 million now because it was just as rare as my hemi ragtop. I will say it again, there's rare and there's valuable. They dont always equate to the same thing, that being $$$$. Just because something is numerically rare, doesnt mean it's inversely, numerically valuable.


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One of my Pure Stock buddies has a funny saying: "Rare does not always mean desirable. It's rare that I crap my pants...but it's not desirable!" It may or may not apply here, but I like to slip it in whenever possible! https://www.yenko.net/ubbthreads/imag...iggthumpup.gif

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That's priceless. https://www.yenko.net/ubbthreads/imag...mlins/haha.gif May I steal it for future use?

mrriggsohara 08-28-2005 08:17 PM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
njsteve,

Thanks for the picture of the 4-door Impala. Maybe I'm wierd, too. I must be. I think I love the car. The body style is so ordinary, the wheels and tires dull, but something in my brain cannot let me avoid facing the reality that something extraordinary resides under the hood. Putting the bland body with the most powerful engine available gives rise to cause emotional stir beyond that of looking at another hemi cuda or big block muscle car. Am I wierd?

About your hemi cuda convertible: Did Greg Joseph do the actual negotiating with you on Otis Chandler's behalf? By the way, that yellow/white color combination is awesome. You are a very fortunate man to have enjoyed that car the way you did. I bet it never sees the drag strip again. Unless of course you get it back.

Some of us drive our cars, no matter what they are. I have driven all of mine. Some, though, are only driven short distances, more infrequently because they are restored to perfect condition, and it seems silly to risk a road hazard. In the past, when I was truly so crazy about the way any certain car looked, one too perfect to sensibly drive, I just bought another one of the same breed in less than 100% perfect condition and drove it whenever I felt like it. You must know what I mean. Some cars are daily drivers, some are trailer queens, with many varieties in between. Years ago, I had several of each. Now I live in Manhattan with minimal need to drive, and much less space for automobile storage and maintenance.

njsteve 08-28-2005 09:32 PM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
Actually I do really like that Impala (far more than the Coronet). Brings back memories of our old Impala family station wagon with Dad at the wheel, going 95 mph on the Merrit Parkway to Grammas house in Westchester. We would all yell WEEEE! whenever the car got airborne over the hills and dips...The NY state road crews flattened out the road and it's just no fun anymore.

Yup, Greg Joseph was the one to show up with the money, back in '87. It was a rainy day when he came to pick up the car and he almost had a coronary when I drove it to meet him in the drizzle. https://www.yenko.net/ubbthreads/imag...mlins/grin.gif

Kinda like last night. I had the hemi out and went to a local cruise. I met my buddy who has a 39 Plymouth Coupe with a 392 hemi in it. We hung out in the rain while most of the other cars went scrambling home. Hey, it's only (acid) rain.

Are you going to the auction?

Charley Lillard 08-29-2005 12:04 AM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
Riggs... The current owner of Steves old 71 Hemi Cuda convert just told me he wouldn't even pay 30K for the 4 door car. He has plenty of cars but has ne desire to own that 4 door.

mrriggsohara 08-29-2005 02:58 AM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
Charlie,

Does that Woodland in your address stand for Woodland Hills in the San Fernando Valley?

Regarding the guy who owns Steve's old 71 Hemi Cuda not having any desire to own that 4 door: I certainly don't hold that against him. I appreciate his taste, too.

But let me say this: When a guy says he wouldn't even pay $30K for the rarest hemi car in the world, it sounds like he is just being nasty. Any one who owns, collects, or merely knows about hemi cars knows that the parts in that 4 door alone are worth much more than $30K. Right??? Perfectly restored parts cost a fortune these days. Even crappy original parts cost a lot of money. Restoring crappy old original parts costs a fortune, too. So, what is this guy really talking about? Fine, he doesn't desire the car, but it sounds like we're getting back to insulting other hobbiests.

442w30 08-29-2005 03:44 AM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
The red Chevy is actually a Bel Air or Biscayne, if memory serves correct. It was in a feature with a similar (albeit 2-door) '69 car in black.

442w30 08-29-2005 03:58 AM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
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We shall see what the 4-door hemi car brings at the randworkman auction.

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I will have to respectfully disagree. We know from eBay and B-J that auctions don't determine a car's worth; all it determines is what a buyer is willing to pay. A 4-door Hemi is not worth more than a ragtop or even a Coronet 500 hardtop in the general market. This car will be attractive to those who like something unusual. If it goes for something high (and you must be joking when you talk about "2 million") it'll be an anomoly and not its fair market value.

Regarding fine art . . . it's not a good comparison. Art is universal. Musclecars are cultural. Who likes musclecars? Americans and Canadians, people from Oz, some from Scandinavia, a few from the UK, and that's about it. Sure, the supply of Hemicuda ragtops outstrips supply, and that's why they're going for so much. But do you really think they can be equated to fine art? Sorry, but I'll take 10 gullwings before I pay that much for a Mopar with the build quality of a Yugo.

njsteve 08-29-2005 04:12 AM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
[ QUOTE ]
[ QUOTE ]
We shall see what the 4-door hemi car brings at the randworkman auction.

[/ QUOTE ]

Regarding fine art . . . it's not a good comparison. Art is universal. Musclecars are cultural. Who likes musclecars? Americans and Canadians, people from Oz, some from Scandinavia, a few from the UK, and that's about it. Sure, the supply of Hemicuda ragtops outstrips supply, and that's why they're going for so much. But do you really think they can be equated to fine art? Sorry, but I'll take 10 gullwings before I pay that much for a Mopar with the build quality of a Yugo.

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You cant really compare art to musclecars. Art is an expression of creativity by one person, that is then valued by others, usually long after the artist is dead. Musclecars were assembly line, manufactured pieces of machinery that are worth more in an intrinsic fashion as some type of time machine that takes the owner back to his or her childhood days. That is one of the reason that these cars may eventually drop in value once the era of these owners die off. You can use the example of brass-era cars, Models Ts and the like. There is really no one around (alive) who remembers them, so there is no linkage to the past creating an emotional tie to the car.

-Sort of a Darwinian view of things

One of the cars sitting in my garage is my late Grandmother's 75 Firebird Esprit. Not really worth anything in terms of market value, but when I take it out on the road with my kids in the car with me, they are actually driving in their Great-Grandmother's car. That is just mind boggling. My Great Grandmother's "car" would have been a horse and buggy back in Belarus

SamLBInj 08-29-2005 04:22 AM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
We shall see what the 4-door hemi car brings at the randworkman auction.

[/ QUOTE ]

Regarding fine art . . . it's not a good comparison. Art is universal. Musclecars are cultural. Who likes musclecars? Americans and Canadians, people from Oz, some from Scandinavia, a few from the UK, and that's about it. Sure, the supply of Hemicuda ragtops outstrips supply, and that's why they're going for so much. But do you really think they can be equated to fine art? Sorry, but I'll take 10 gullwings before I pay that much for a Mopar with the build quality of a Yugo.

[/ QUOTE ]

You cant really compare art to musclecars. Art is an expression of creativity by one person, that is then valued by others, usually long after the artist is dead. Musclecars were assembly line, manufactured pieces of machinery that are worth more in an intrinsic fashion as some type of time machine that takes the owner back to his or her childhood days. That is one of the reason that these cars may eventually drop in value once the era of these owners die off. You can use the example of brass-era cars, Models Ts and the like. There is really no one around (alive) who remembers them, so there is no linkage to the past creating an emotional tie to the car.

-Sort of a Darwinian view of things

One of the cars sitting in my garage is my late Grandmother's 75 Firebird Esprit. Not really worth anything in terms of market value, but when I take it out on the road with my kids in the car with me, they are actually driving in their Great-Grandmother's car. That is just mind boggling. My Great Grandmother's "car" would have been a horse and buggy back in Belarus

[/ QUOTE ]
Maybe, Maybe not, look at the wide world of Harley Davidson. If something is good, its usually good for a lond time..Model A?, what was so special about it, Remember, back then it was just transportation, Our era was fun https://www.yenko.net/ubbthreads/imag...mlins/wink.gif

Charley Lillard 08-29-2005 05:03 AM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
Riggs.... Woodland is North near Sacramento.
My Friend is not trying to be nasty. He has no use for that car. He also is not into buying cars for parts so parting out the sum of it's parts because they might total more than 30K has no appeal to him either. How many parts off a 4 door are usable on another car anyway ? I just watched a 2 door Hemi car sell at Russo and Steel for about 65K and I would take that 2 door over that 4 door every time. We all know it will bid to more than 30K. I came to that # by removing 0's from anothers comment.

Charley Lillard 08-29-2005 05:08 AM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
Riggs..Same friend also has a 70 Hemi Cuda convert and the other Hemi Coronet convert. So he does like Mopars and variety.

mrriggsohara 08-29-2005 05:20 AM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
There is wisdom in your words.

"We know from eBay and B-J that auctions don't determine a car's worth; all it determines is what a buyer is willing to pay. A 4-door Hemi is not worth more than a ragtop or even a Coronet 500 hardtop in the general market. This car will be attractive to those who like something unusual. If it goes for something high (and you must be joking when you talk about "2 million") it'll be an anomoly and not its fair market value."

You hit the nail on the head: 1) Sales determine only what a buyer is willing to pay; 2) the car will be attractive to those who like something unusual; 3) an anomoly exists when any hemi car goes for more than $1 million, let alone an ugly 4-door car most apparently wouldn't want to be caught dead in.

I know for a fact that the woner of the 4 door car was offered $1 million dollars for the same car almost 10 years ago. Like many who own what they cannot replace, inmost cases, hold the objects more dear than the almighty dollar. The guy who owns the 4-door car now owns two of the 4. According to what I have read, that is the only reason he is willing to part with 1. When he was offered $1 million for his car, not a single 1971 hemi cuda had yet sold for such an amount.

Look. I remeber when Mark McGuire was getting close to breaking the home run record. He was quoted as saying he, "wouldn't pay $10 for the ball that breaks the record. The ball isn't worth 10 dollars." Of course I felt he was out of line to make such a statement in light of all the baseball memorabilia in today's market. But we let him live. And when the ball or balls were hit over the fence and gathered up, eventually they sold for millions.

Not everyone can understand what's in the minds of collectors. But I still hope the 71 hewmi cuda guy and the 4-door guy get all of the money they hope to get. Obviously someone out there has the money to spend at the blink of an eye, and if that money helps a guy do better things for himself and his family, I think it makes the world a better place. Spread the wealth a little bit.

12bolt 08-29-2005 07:43 AM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
Not everyone can understand what's in the minds of collectors. But I still hope the 71 hewmi cuda guy and the 4-door guy get all of the money they hope to get. Obviously someone out there has the money to spend at the blink of an eye, and if that money helps a guy do better things for himself and his family, I think it makes the world a better place. Spread the wealth a little bit.

[/ QUOTE ] "Riggs" Old boy, you speak with Reserved Intelligence. You handled all Banter thrown your way with eloquence not often seen in an Internet chatroom. I hope to meet you at the Auction as well as any other Forum members who will be in attendance. I am the Guy with a lot of Tattoos and the White COPO Camaro that will be crossing the Block at that Sale. https://www.yenko.net/ubbthreads/imag...lins/beers.gif

mrriggsohara 08-29-2005 07:45 AM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
Charley (sorry I misspelled your name last time),

You asked, "How many parts off a 4 door are usable on another car?" Answer: All of the drivetrain. Basically everything except some interior and some mouldings.

I would not have guessed nor ever suggested that your friend who owns one of the most valuable muscle cars in the world would be motivated by a deal he could make that would get him a few bucks profit after dealing with selling parts. But I did think there was a strong likelihood he might endulge in restoration projects of his own, which would make all of the above parts useful to him on any 1966 car built around the same time.

In fact I am looking for a perfectly restored 1966 hemi car for this very purpose. I have spent ridiculous amounts of money restoring old parts, buying aftermarket parts, and buying NOS parts for too many cars in the past. For the most part (with one exception), I stopped that a long time ago. Years ago, after learning this lesson, I have found it better to buy cars already "done" by someone else. That way there are less headaches and you don't bury yourself financially.

It just so happens that I have a car needing total restoration, and it is one my family wants me badly to restore to O.E.M. Gold, and since I am not one to say no to my family (unless I have no choice), I will be seeing this thing to the end. Since I am going to do it, I am going to do it by starting with a perfectly restored car so I don't have to go through every single itsy bitsy part, send them out, have them restored, and pay through the nose.

Thank you for your input.

mrriggsohara 08-29-2005 07:56 AM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
njsteve,

Sorry I didn't get back to you sooner.

I figured it was Greg Joseph. Yet I am surprised about the rainy day coronary story. Greg ended up with a lot of the nice cars from Otis Chandler's collection. Including the 1970 Dodge Coronet R/T hemi convertible for sale at the upcoming NYC auction. I spoke to Greg almost 10 years ago about a few of his cars. At the time he had, if I recall correctly, the only RS ZL-1 Camaro, too. In any case, he was a pleasure to speak with. I wonder if Greg is the current of the above mentioned Coronet convertible.

The auction: Yes I'll be there.

Thank you for all of the information.

mrriggsohara 08-29-2005 08:12 AM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
Charley,

You wrote: "Riggs..Same friend also has a 70 Hemi Cuda convert and the other Hemi Coronet convert. So he does like Mopars and variety."

Your friend owns those 2 cars, too. Wow. He is one of very few who owns hemi cuda convertibles of both years, and the only one I know of who adds the 1 of 2 Coronet to the equation. My hat goes off to him. Reminds me of Otis Chandler who we've discussed above, and who used to own all 3 of the same models at the same time, too.

Mr70 08-29-2005 08:18 AM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
Otis Chandler is an Anagram for Charley Lillard.

Charley Lillard 08-29-2005 08:20 AM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
I'm wondering how much you could pay for the 4 door to restore a 2 door with it's parts and still only get 65K for the 2 door like the one that just sold at Russo and Steele. I'm guessing fenders, 1/4's and doors are useless. The current owner of the Hemi Coronet convert is not Greg. He does own the RS ZL1 Camaro though. And I bet if someone offered him 2 mil for the Coronet convert it would have a new home. We will just have to see how the auction goes. Some of us kinda wanted to go but I don't feel right about going to New York on 9/11 weekend. I wonder if that will have a effect on auction attendance.

copo69 08-29-2005 08:58 AM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
The 4 door Chevy is a Biscayne, not a fancy pants car, LOL. The car seems to have dropped off the screen...haven't seen it or heard about for a few years. Anyone know where it is?

mrriggsohara 08-29-2005 10:38 AM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
Charley,

Oops. I should have mentioned the doors and other metal. In my mind I was too focused on my project which begins with a perfect shell.

It would make no sense to perform the kind of restoration I am talking about to end up with a $65K car like the one sold at Russo and Steele. I am ready to pay $75K for the parts car I need, then pay another $50K to put the 2 cars together like new. That's $125K plus what the car being restored cost to begin with. Such a treatment is reserved for cars of value in excess of at least $250K.

But nevertheless, only a moron would destroy the world's rarest hemi car. Ugly or otherwise. My first mention of the car being worth more than $30K in parts alone was in response to the message stating something about the car not being worth $30K. But you've already explained this. You were taking off zeroes from the number under discussion. I guess the remark struck a vein in me. I'm over it now.

Regarding 9/11, you wrote: "Some of us kinda wanted to go but I don't feel right about going to New York on 9/11 weekend. I wonder if that will have an effect on auction attendance." If you give in to feelings like that, YOU ARE LETTING THE TERRORISTS WIN. New Yorkers are not sitting here crying or feeling sorry for ourselves. We are rebuilding. In NY we are united. Devoted to taking care of each other. The terrorists did not win. And in the end, they will be no longer, while we will be here growing stronger together. We do not observe this day of 9/11 like a holiday to mourn or to celebrate. We remember the tragedy every day, though, and seek only opportunities to heal rather than dwell.

And yes, obviously the attendence is effected...you and some of your friends aren't going. I wish you were. This is going to be a historical event. Did you see the cars they are selling?

442w30 08-29-2005 05:36 PM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
I believe the 1-of-3 Coronet R/T ragtop went to some guy named Funk and now is in the possession of the guy who owns the 'Cuda ragtop.

PPPJJJFFF 08-29-2005 06:39 PM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
Maybe its time to roll the Challenger out to one of these auctions. The only T/A hooded Hemi-Challenger in the Chrysler registry. https://www.yenko.net/ubbthreads/imag...lins/dunno.gif

Canucklehead 08-29-2005 07:42 PM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
[ QUOTE ]
Welcome to the site Riggs. I based my opinion on it's looks. a Yenko looks good. A 71 Hemi cuda looks good. a 10 million dollar painting usually looks good. There are rare Edsels but they don't sell for much. Yes the 4 door car is low production but it does nothing for me. I sometimes enjoy just sitting and looking at my cars because they look neat. I don't think I would look at the 4 door car the same way. You seem very sure the convert will bring the 5 mil and the 4 door will bring 2 mil. Do you know more that you are telling us ? I had heard a rumor that the convert had already sold along with many others. Any truth to the rumors ? Will the Hemi Coronet convert sell for 1 mil ? Don't take too much of what we say too seriously on this little sight. This is not the ABC evening news.

[/ QUOTE ]

I'll have to agree with you there, their just cool to look at and a blast to drive. That 4 dr is DULL DULL DULL!!. If someone was to buy it to be put in a collection or museum, people would walk right by it and wonder "it must be his grandma's car or something" https://www.yenko.net/ubbthreads/imag...s/confused.gif..

mr396 08-29-2005 11:19 PM

Re: $5 Million Dollar HEMI CUDA Convertible!!
 
Why do people think the 1971 plymouth Hemicuda convertible is such a great car? It's not the fastest car.It's not the rarest.I think a documented 68 or 69 Camaro RS/SS L89 convertible would would be a much rarer car.


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