$4.1M For a hemi Cuda

[DC_1]

Check out this story on a Hemi Cuda that a guy offered $4.1M for

http://www.hemmings.com/index.cfm/fuseaction/email.newsletter2/volume/1/issue/14/id/178/emlid/10500/#178

[Ghoste]

Well, it is the last one built.   As for the bid, it means absolutely nothing.   I do some part time work at car auctions and there is soft money and hard money.   Sometimes, the only ones bidding are the ringmen and the auctioneer.   Even if the hammer drops on a car, it sometimes means nothing.   The only accurate prices are when collectors sell privately to one another or the title changes hands at an auction.   That is the thing about the Barrett-Jackson televised circus that makes me so mad.   People use it as a barometer of the hobby and it's mainly smoke and mirrors.

[cudaken]

 Owner says it worth $5,000,000.00, what can you say but WOW.

                               Cuda Ken

[DC_1]

Still amazing to me that they are even talking number like that.

[Ghoste]

Until the owner has 5 mil in his hands it ain't worth that much.  Still wow.

[41husk]

It is only worth what someone is willing to pay for it.  Unfortunetly there is probably some one out there with 5mil burning a hole in there pocket

[RT DAVE]

It is only worth what someone is willing to pay for it.   Unfortunetly there is probably some one out there with 5mil burning a hole in there pocket

Most of the people that have that kind of money are getting richer everday, so expect prices of the highest end stuff to keep going up...  Just my opinion.

[Ghoste]

I agree.  But in real dollars, there is a big difference between 4.1 and 5.0 million and on that day, it was only worth 4.1.  Maybe the next auction?

[71RTN96]

It's no different than any of our cars. It's only worth what someone will PAY for IT!   matt

[4cruzin]

And I thought 1 million was outragious!    

[Charger_Fan]

And I thought 1 million was outragious!    

Same here, this is just crazy!

[6pkrunner]

Owner says it worth $5,000,000.00, what can you say but WOW.

                                              Cuda Ken

-that's what the owners hopes[/b] he can get for it. It is in no way worth[/b] anything near that. But the auctions get the feeding frenzy going and reality leaves through the nearest exit. Yes these hemi E bodys live only in the collector world and change hands at prices the owners can afford, but it doesn't make them worth it. When he DOH movie was going I'll wager a lot of GLs ( and '69s in general) traded hands at highly inflated prices hat cannot be matched right now. Fads and frenzies are the undoing of rationale.

[jwilk01]

My brother put the billboards on that car.  Then they drove it to Las Vegas for mopars at the strip.

Later
Josh

[Silver R/T]

thats bs, no car in world is worth that much, at least not to me..that would be just pure sin to buy like that when other people are dying all over the world

[4cruzin]

that would be just pure sin to buy like that when other people are dying all over the world

Silver . . .ya lost me on that one??   

[04lbram]

I think he's talking about Hurricane Katrina?

[FastbackJon]

The stupid thing is, is just think of how many Hemi Cuda clones you could build for that kind of money! And the only difference would be the little VIN and the fender tag numbers. And you could have a lot more funs with clones, not worring about them all the time, and not having the huge insurance premium that would come with a 4.1 million dollar car.

[Silver R/T]

I think he's talking about Hurricane Katrina?

ya good example it would be just bothering me if i were able to afford such car and have someone homeless and starving, thats way too selfish

[04lbram]

Silver, you have a point however, most of those people don't care about anyone except themselves about half the time. Noticed I said about half of them just from personal experience but, anyways 4.1M is a little steep for me. I wish I had that type of money I'd be like screw the real HEMI cars. I could build a nice clone a lot cheaper and then use the rest of the money to buy a $250k house and then live on the rest for years to come. That's just me though.

[Ghoste]

Not fair.  Unless you know for a fact where their money goes, you can't know how what they have given to charity.
If you had the means to easily spend 5 mil on a car, how much would you give to charity?

[04lbram]

That's a good point Ghoste. Still the issue at hand here is some of these prices are just out of line but which leaves the worker class paying more for these cars than they should IMO not too mention it also drives up the cost of parts for them. Just my two cents.

[Ghoste]

I'm with you.  I cry and complain constantly about B-J setting prices and stupid money being used to purchase cars that no one cared about not that long ago.

[04lbram]

Ghoste,

     That's correct. I can tell you its extremely hard to find something decent for under $10k now a days. But, I guess you have to factor in the cost of inflation and everything too but, still. It's just getting crazy out there. 

[Silver R/T]

Silver, you have a point however, most of those people don't care about anyone except themselves about half the time. Noticed I said about half of them just from personal experience but, anyways 4.1M is a little steep for me. I wish I had that type of money I'd be like screw the real HEMI cars. I could build a nice clone a lot cheaper and then use the rest of the money to buy a $250k house and then live on the rest for years to come. That's just me though.

yup thats what id do, buy used viper and enjoy living in good waterfront house with big shop, fixing up cars on side, rest would be enough to put chrildren through Oxford