Or his friends are running it up?7 bids $670,100.00 someone thinks its worth it.
I got that for a coupe and $250K for the ragtop on Nada but ... reasearch shows only 29 440 six pack ragtops in 1970. There are 1970 Cuda coupes listed in Hemings for as much as $450K so that blows Nada out of the water for pricing.What a crock!
http://www.nadaguides.com/default.aspx?LI=1-22-1-5013-0-0-0&l=1&w=22&p=1&f=5014&c=11&m=1142&d=7085&y=1970&vi=82900&o=35419|25080&z=11764&da=-1
$135,125.00 IN MINT COND...
Well the link doesn't work, but Nada comes in at that price....
Dennis, I'd rather have the cuda...:clonk:I'll be the 1st to agree a cool mil and change for a car that needs a restoration isbut in todays world where you can pay $10K a night for a room at the Fairmont Hotel in San Francisco, and there are folks that don't blink. Which would you rather spend your green on? 3 months in a hotel in SF or that Ragtop Cuda?
See!! and that's coming from a guy that has the coolest car on the planet in his sig... :yes:Dennis, I'd rather have the cuda...:clonk:
See!! and that's coming from a guy that has the coolest car on the planet in his sig... :yes:
Muscle CarI got that for a coupe and $250K for the ragtop on Nada but ... reasearch shows only 29 440 six pack ragtops in 1970. There are 1970 Cuda coupes listed in Hemings for as much as $450K so that blows Nada out of the water for pricing.
I'll be the 1st to agree a cool mil and change for a car that needs a restoration isbut in todays world where you can pay $10K a night for a room at the Fairmont Hotel in San Francisco, and there are folks that don't blink. Which would you rather spend your green on? 3 months in a hotel in SF or that Ragtop Cuda?
I'm just glad it's a mopar. I really enjoy tinkering on old cars but $500,000-1,000,000 would just take the fun out even if I had the money to blow.
500,000, I'd spend on more land (I'd buy the neighbor's house and flatten it, I'm tempted now), a bigger shop, more concrete, better tools, a savings account for the increased taxes and maintaince, 2 more basketcases and NOS parts.
This isn't to say it isn't worth that, it just isn't worth it to me.
Kinda like the guys trying to sell their overpriced ebay cars with no takers stating, " this car could easilly bring $$$$$$$$$$$ at Barrett Jackson....." Ok. Why don't you take it to BJ and make all that money for yourself...... pretty stupid to sell a car for 600,000+ if the car is worth 2,000,000 with only a 100,000 dollar resto on it???? He's either stupid, or a liar, or both. No one in their right mind sells a car for half of the "claimed" value if it will only cost 100,000 to make it worth 2,000,000.
$711,000...Bidding has ended...Reserve not met. Man i would have a tough time turning down an offer of $711,000 for that car if i owned it.
Craig....maybe he didn't. Like has been said, hold the reserve to an unreal amount and see how high it goes. His fingers may be blazing on a keyboard at this moment with a "second chance offer". I wouldn't (couldn't) pay that for it either, but if there are truely only 29 ever built, than it is a rare car indeed. None of the "desirable" 60's-70's muscle cars are worth the money they bring. This hobby has been taken out of the hands of the middle class enthusiast for many years now by the "investment" crowd. Many of these people don't buy them to drive and enjoy....they are just looking at the profit potential like a hot stock and that sucks for us who own them out of passion.:noway:$711,000...Bidding has ended...Reserve not met. Man i would have a tough time turning down an offer of $711,000 for that car if i owned it.
Maybe he got it for 250k....why wait a year or more and spend 100k on a resto when you can make 500+k on a sale now ??I still say he is money ahead to restore it for 100,000 (his claim) and sell it for two million (his other claim). Why take 711,000 when you can get two million.
Maybe he got it for 250k....why wait a year or more and spend 100k on a resto when you can make 500+k on a sale now ??
Like I said above....these things turnover like a hot stock....buy low..sell high....take your profit and run. Let the next guy worry about the resto.:sad: