1969 Yenkos up for auction...seized by US Marshals

[rich p]

Hopefully the same buyer who bought the Yenko Nova for a great price for the pair!! [img]<<GRAEMLIN_URL>>/worship.gif[/img]

[black69]

I started a thread on 'mopar prices on the rise?', under the mopar section of this website, back in July. I thought I saw prices climing and maybe we were all not noticing it.

Hemi cars are moving up alot, looking at this auction's results. Mopars in general could all move up because of the hype. 71 cudas are definitely going to get a bump (they only made 5000 or so total, all engine variants, this hemi project car will impact them all as far a value).

[Charley Lillard]

Looks to me like the only decent deal was the Chevelle.

[cudino]

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Charley Lillard</div><div class="ubbcode-body">Looks to me like the only decent deal was the Chevelle. </div></div>
Personally I think the 'Cuda was also somewhat of a deal. Arguably, to replace some of the bad repop parts (repop shaker hood, etc) and restore this car right will take another $125K. But if done and fresh today this particular car (which I believe to be a #s car with paperwork and extremely desirable options) would be worth $500K. So I think the buyer did OK, and who knows how much higher the '71 'Cuda market will be when this car is finally done about a year from now. As for the recent market, these '71s have already been on this track, with a Curious Yellow #s Auto going for ~$500K and a #s Stick car in the same color as this one going for ~$600K. These sales were at public auctions within the last 9 months, so this data should be of no surprise to anyone. There have also been 2 other private sales in this same price range, which were also for '71 Hemicudas that had it all. Buyers are clearly willing to pay up for these '71 Hemi 'Cudas, and in particular for the &quot;everything&quot; examples like this one. The only surprise to me was why this car didn't get bid up another $25K more.
- Wade

[mr 707]

just cause its a govt auction doesnt mean yenkos and hemis are going to be given away.

[njsteve]

It was an amazing event to attend! 100 bidders on site and 40 on-line bidders. All the winning bidders were guys who were present (no on-line winners). It was quite exciting to see. On most of the cars, the bidding would go up to a certain high bid, then the auctioneer would give the third and final call and another &quot;poker-faced&quot; bidder would throw the next bid out starting the whole adrenaline-fest all over again. It was like watching an hour-long horse race. In the end, the auction pulled in 2.535 million dollars. And no buyers fees here, either which was one reason the bidders were going all-in.

There were a lot of TV news reporters there taping the entire event: Fox, MSNBC, CBS, etc.

I did see a few familiar faces in the seats. Was anyone else from here, there?

70 Boss 429: $265,000
67 Shelby GT500: $170,000
70 Malibu Convertible L89 Tribute: $70,000
69 Yenko Nova: $400,000
69 Yenko Camaro: $315,000
69 Yenko Chevelle: $237,500
Hemi Superbird: $575,000
70 Chevelle LS6: $155,000
71 Hemicuda project car: $347,500

Total: $2,535,000

Before the bidding was opened up on each car, they would read a brief description. They did announce the L89 Chevelle ragtop was a tribute car, which was nice to see that they clarified the description for everyone there in no uncertain terms. I wished all auctions worked that way. All in all it was a very professionally done auction. With some humor at times as the auctioneer was an old time Joysey native who threw in a couple Jersey inside jokes - all he needed was a guy on snare drum to back him up. [img]<<GRAEMLIN_URL>>/biggthumpup.gif[/img]

[black69]

To me, the good deal was on the yenko nova.

[njsteve]

http://www.foxnews.com/leisure/2014/...llion-in-bids/

[bkhpah]

The GOOD deal on the Yenko Nova may seem a bit different if you had a proper inspection. Many major components and not just bolt ons where incorrect. Just on the body alone, the non 69 hood and decklid, the incorrect small block core support, and incorrect radiator and the 1972 quarter panels are problems to me. Tinted glass is incorrect. 100% of the wheel and tire combination was incorrect for a Yenko Nova as well. There was something wrong with the rear suspension as the springs were digging into the frame rails. The special Nova heavy washers at the firewall frame bushing position where missing, and that will kick the sheetmetal all over the place. 1970 and up headlight buckets to the incorrect base interior Nova dome lamp bezel and 1971 steering box. This was just the tip of that iceberg... All of these things are correctable, but it is not a top shelf car..BKH

[61 vert]

Thanks Brian for your honest,no punches pulled evaluation of the nova. Maybe the new owner has another 100,000 to spend with you to fix it up.I don't think that 400,000 for the nova is top shelf price. Find another one for sale or that has sold to compare to.Kind of hard to establish value when they just don't trade hands but once every 5 years.Just my opinion. Also, the nova and the camaro did not go to the same buyer.