$5 Million Dollar HEMI CUDA Convertible!!

[427TJ]

No offense Ed, but the ones who are making money on musclecars don't think it's stupid. I too am shocked when I see such prices, but then I remember that it's just supply and demand at work.

He who doesn't want the going rate (or more) for their car, please stand up and be recognized, then please explain to the rest of us the virtue of selling something for less than it's worth.

Apparently, wealthy collectors think that Hemi Cuda convertibles are approaching five million. I'll bet they'll be 10 million someday. Laughing at 10 million? Well, who in 1971 thought that a Hemi Cuda convert would ever be worth more than 10 grand? 100 grand? One million? There will always be a certain elite who will exchange such cars among themselves (for incredible sums) just as they do with well-bred race horses or Van Gough paintings or ming vases.

The law of supply and demand is what's making our "hobby" more difficult to participate in. The fewer desireable cars there are in play, the higher the prices climb. Call it "capitalism."

The law of supply and demand has also created new '69 Camaro convertible bodies.

I'm just glad I bought my '67 Camaro when I did because I sure couldn't afford to buy it today!