1971 Hemi Cuda conv. sold for $3,5 Million

Postby christer » 17 Jun 2014 7:58

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Re: 1971 Hemi Cuda conv. sold for $3,5 Million

Postby Adrian Worman » 17 Jun 2014 16:25

Incredible, I thought the $2 million plus Hemi Cuda's had had their day, patently clear they haven't :shock:
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Re: 1971 Hemi Cuda conv. sold for $3,5 Million

Postby drewcrane » 17 Jun 2014 17:29

I just dont understand how someone can spend this amount of money for a used car :roll:
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Re: 1971 Hemi Cuda conv. sold for $3,5 Million

Postby fal308 » 27 Jun 2014 3:22

There's an article in the newest MCG about ragtop '70 and '71 Hemi E body pricing. According to the article Hemings, Hagarty etc were all quoting prices at least 50% low according to the author of the article. He makes a pretty good case also. He states that since they were such a small percentage of cars built the price will awlays be high, and will most likely just keep on rising. They'll keep rising due to the fact that speculators have been driven out of the market and been replaced by what he calls hard core collectors. These collectors have bought these cars because of what they are and not as an investment. Therefore they most likely won't come back on the market for quite a while.
If I remember, I'll try to scan the article and post next week, unless someone else beats me to it.
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