
Originally Posted by
ATCT
A '71 HemiCuda convertible sold for $1 mil in 2004. A really nice '70 or '71 HemiCuda hard top can fetch about $500K. A '68 or '69 GT500 Shelby Mustang Fastback will go for $300-400K now. There weren't many of these made to begin with, but people junking them over the years has made their value go up to ridiculous levels.
(In my best Paul Harvey voice)
And now, the rest of the story... The million dollar car was joined lated that year by the $2 MILLION 71 Hemicuda convertible.
The same guy bought it, and he was offered $5 MIL for it earlier this year, which he turned down. You're pretty spot-on about the values. I tell you what, this market sucks.
I can't wait for the wine-and-cheese guys to look elsewhere for their investments and the hobbyists can afford to play again.
Now, about parting out three wheelers, I guess it's a judgement call. I hate to see really nice ATCs get parted, but those that are too far gone deserve to be used up to keep others going. Will we ever see an ATC price boom like the musclecar market? I highly doubt it, but pristine trikes will still command high prices and will be placed into collections instead of being ridden.
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