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#1
08-21-2005, 07:40 AM
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$5 Million Dollar HEMI CUDA Convertible!!
so a few months ago I put the COPO in Hemmings. I get a call from these guys asking If I would be willing to stop the sale and put it in this Auction. I never heard of these folks, But KRUSE is involved. I figured what the heck, NYC is 2 hours away and the 68 Z-28 Convertible should be a nice draw. so every couple days I check to see what cars have been added. BAM! this Convertible Hemi that was just in HOT ROD has been added to the list!
 should be an interesting weekend. Take a look at some of the cars entered. http://www.randworkman.com/featured_...ils.php?id=119 I imagine some High Rollers will be in town for this game! I just hope some of them are looking for a Nice Plain White COPO!! 
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2 Cool Old SHELBY's 
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#3
08-21-2005, 09:42 AM
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Re: $5 Million Dollar HEMI CUDA Convertible!!
It's getting to be just STUPID and REDICULOUS!..
 
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https://t.me/pump_upp
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#4
08-21-2005, 11:12 PM
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Re: $5 Million Dollar HEMI CUDA Convertible!!
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!
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#5
08-22-2005, 08:28 PM
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Re: $5 Million Dollar HEMI CUDA Convertible!!
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. [/ QUOTE ] I've always made that comparison, what makes a fine piece of artworth millions??, obviously paint and canvas with a little wood around it dosent designate respectable value, so why would a bunch of metal and cloth be worth that kind of money. It's supply and demand and to me i see these cars as works of art, some see it as an investment, but what investment can you have such fun with!!
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#6
08-23-2005, 02:51 AM
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Re: $5 Million Dollar HEMI CUDA Convertible!!
the Z convert would look nice in Kevin suydan's collection.
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Founder of Lost Muscle Cars Discovered; 1968 Dick Harrell L88 Super Chevelle, 1969 Ford Boss Bronco, 1969 KK1201 Boss 429 Prototype, 1964 Savoy 426 Max Wedge (steel nose), 1969 Nova L78 Yenko Sold
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#7
08-29-2005, 11:19 PM
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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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Les Dixon 68 camaro SS 396 RS convertible L34/M40/G80/U69
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#8
08-29-2005, 11:26 PM
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Re: $5 Million Dollar HEMI CUDA Convertible!!
[ QUOTE ]
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. [/ QUOTE ] The market thinks otherwise! Its not always about the rarest and fastest. They're not the best built cars either. That we know. But to many, their a pretty darn cool sought after piece of history. I'll still take a hard top over the convertible. Patrick
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#9
08-29-2005, 11:58 PM
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Re: $5 Million Dollar HEMI CUDA Convertible!!
They made 11 hemicuda ragtops in 1971 (7 for US consumption, 2 for Canada and 2 exports) Are L89's convertibles rarer? The good thing about Mopars is that they are easily decyphered: the engine is the 5th digit in the VIN and just about every car had at least one broadcast sheet in the seats, under the dash, etc. And Chrysler kept production records (but no paperwork). I would agree it's not the fastest but it is the ultimate in musclecar era excesses: the scariest engine in the sexiest body style.
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