$2,000,000 Plymouth Cuda

[Superior Shine]

I just seen it go on Barrett Jackson. 1970 Plymouth Cuda convertable just sold for $2,000,000.

Are these people nutz???

[gb387]

Re: $2,000,000 Plymouth Cuda

Nutz, maybe... too much money yes!

Man I wish I had that problem.

[BlueTooth]

Re: $2,000,000 Plymouth Cuda

lol, how about the guy who pays 3,000,000 for a buick concept car? that was pretty impressive and yet u cant even drive the thing

[Michael Stoops]

Re: $2,000,000 Plymouth Cuda

Car collecting, and speculating, seems to go in waves and those waves vary from one genre to the next. The pre WWII classics were the big deal a few years ago (they never really go out of style) but a lot of European sports cars that were pulling in huge dollars have definitely fallen back quite a bit. People who paid well over $100k for an E-Type Jag can't get that anymore for the same car, same with people who picked up virtually any Ferrari just after Enzo Ferrari died. Every Ferrari ever built just skyrocket in price, and people were even paying over $200,000 for late '80s/early '90s Testarossas - you can pick them all day long now for well under $100k. (I'm not saying that's cheap, but if you paid $200k for one you'd think so!!). Sure, some Ferraris are still nearly priceless - 1964 GTO for example - and likely always will be.

The market fluctuates, right now a lot of Baby Boomers have become empty nesters - the kids are grown and moved out and as they near retirement age they find they have the money to relive a childhood fantasy; owning a top of the line late 60's/early '70s muscle car. And if the cost of entry 10 times or more what it would have been back then, so what? It all comes down to what the market will bear, and that is how you measure the value of a collectible car. Of course, from the seller's perspective, a Barrett-Jackson fueled feeding frenzy doesn't hurt!!!

[Tillmanator]

Re: $2,000,000 Plymouth Cuda

Yeah, it's a cool car and everything.... but just think of how many other cool cars you could get for the same price (if you had that kind of money). That guy could have bought at least 5-10 cars AND a garage to house them in, and have a different car to drive every day of the week.

If I had that kind of money I would certainly have bought several other cars and had a bunch of toys!

[stealth]

Re: $2,000,000 Plymouth Cuda

As the old saying goes "There's a buttocks for every seat" & some of these prices sure prove it.

[Scottwax]

Re: $2,000,000 Plymouth Cuda

Back in 1981, I had a chance to buy a numbers matching, black on black (silver SS stripes) 1970 LS6 454 Chevelle. M22 4 speed, 4.11s, etc. Only $4100! However, as a poor college student, I certainly couldn't afford it and no way was my Dad going to loan me the money for an old gas hog. That car would probably fetch near $100,000 now if it was in the same condition as when I saw it (freshly restored). Who knew?

$2,000,000 for a 'Cuda though? Just unreal!

[Michael Stoops]

Re: $2,000,000 Plymouth Cuda

Back in 1981, I had a chance to buy a numbers matching, black on black (silver SS stripes) 1970 LS6 454 Chevelle. M22 4 speed, 4.11s, etc. Only $4100! However, as a poor college student, I certainly couldn't afford it and no way was my Dad going to loan me the money for an old gas hog. That car would probably fetch near $100,000 now if it was in the same condition as when I saw it (freshly restored). Who knew?

$2,000,000 for a 'Cuda though? Just unreal!

LOL!!!! I had a very similar experience, except mine was with a numbers matching Plymouth Superbird. The car had the original 440 in it (which in many ways was more streetable than the 426 Hemi) but the owner had a 426 Hemi in his garage that he had planned to swap in. Asking price was $4800, including the spare 426, and this was in early 1978, my freshman year in college. I was in the same boat you were in at the time!! Dang.

[Superior Shine]

Re: $2,000,000 Plymouth Cuda

Mine was a 70 GTO, red w/tach on the hood. It was the summer of 1985 and this guy wanted $2000 for it.

[sneek]

Re: $2,000,000 Plymouth Cuda

Back in 1981, I had a chance to buy a numbers matching, black on black (silver SS stripes) 1970 LS6 454 Chevelle. M22 4 speed, 4.11s, etc. Only $4100! However, as a poor college student, I certainly couldn't afford it and no way was my Dad going to loan me the money for an old gas hog. That car would probably fetch near $100,000 now if it was in the same condition as when I saw it (freshly restored). Who knew?

$2,000,000 for a 'Cuda though? Just unreal!

There was one with an LS6 that got over 1.5 Mil not very long ago

[the other pc]

Re: $2,000,000 Plymouth Cuda

Yeah, it's a cool car and everything.... but just think of how many other cool cars you could get for the same price (if you had that kind of money). That guy could have bought at least 5-10 cars AND a garage to house them in...

Dude, I guarantee you, the guy who bought it already has all that, and a whole lot more.

The guys you see bidding on these things aren’t “buying a car.” They’re collecting something rare, unique, historical and exclusive. It’s no different from buying a rare coin, stamp, painting or statue, except it’s a lot louder and more fun to take through drive-up at In-N-Out Burger than a Renoir.


PC.

[smurf]

Re: $2,000,000 Plymouth Cuda

Yes talk about being nuts
It even made it in the news in our hotrod mag down here in New Zealand
For that price I would want it chained to the concrete floor
I would hate to guess what the insurance is worth ???

[Superior Shine]

Re: $2,000,000 Plymouth Cuda

Dude, I guarantee you, the guy who bought it already has all that, and a whole lot more.

The guys you see bidding on these things aren’t “buying a car.” They’re collecting something rare, unique, historical and exclusive. It’s no different from buying a rare coin, stamp, painting or statue, except it’s a lot louder and more fun to take through drive-up at In-N-Out Burger than a Renoir.


PC.

That sure isn't me even if I could afford it. I drive 'em and drive'em hard.

I have so much fun in my $5,000 -$25,000 old cars. When compare to a new cars the old iron is CHEAP!

[Scottwax]

Re: $2,000,000 Plymouth Cuda

That sure isn't me even if I could afford it. I drive 'em and drive'em hard.

I heard that! If I had bought that Chevelle, I would have had fun driving it!

I have a customer who feels the same way, his daily driver is a Rolls Royce Phantom. 35,000 miles on it in 2 years.

[the other pc]

Re: $2,000,000 Plymouth Cuda

Other than cost, driving a Phantom is no different from any other new car. It’s still a new car. Anybody with the cash can just go buy one any day of the week. If it breaks the dealer can fix it. If you total it Rolls will make you a new one.

There were 18 Hemi ‘Cuda convertibles made in 1970. That's all there are for anybody, ever. It’s a historical icon and they rarely come up for sale.


PC.