He's a little high for an LS5 - but that's not the issue.
The issue is you comparing a Chevelle to a Prelude.
#1
Serious question, is there really a market for these things? We all saw the ad of the Prelude that was [$17,000??], which is understandable because people will be willing to spend crazy money on a car in super mint condition, especially in the Honda crowd, but...
http://newyork.craigslist.org/mnh/cto/2960846680.html
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♪Sega|Saturn♪
#2
He's a little high for an LS5 - but that's not the issue.
The issue is you comparing a Chevelle to a Prelude.
Classicmotoringllc.com - my new brokerage and consulting business based out of a lavishly converted first floor bedroom in Allentown, PA. I am always looking for quality enthusiast cars to consign, research projects or consultation opportunities. Keep an eye on my page as you can see my blabberings about cars and other such junk in the blog section!
#3
It's a lot of money. But until he has interested parties it's just "a" number.
#4
With the right big-name builder and the right records that car *could* see close to $100k at auction.
If it was restored by bubba who owns a shop then it's worth maybe $30k max.
My $.02
#5
#6
Hold on, you understand why a Prelude could be worth $17,000 but you don't see why an all time classic like the Chevelle costs this much?
Check out this listing:
http://www.catsexotics.com/web/used/...ngton/1056379/
"When you need to get somewhere quickly, I'd rather get there the fastest I can, looking the best I can"-Rutledge Wood
#7
If that's a true SS454 'vert with a numbers-matching drivetrain and a thorough resto by the right shop? That's likely worth the $.
#8
Any yahoo with a garage, an old car on blocks behind the tool shed, and a DirecTV box can sit home with a beer in hand watching a Meacham Auction, where they sell pristine, desirable cars with unquestionable provenance and immaculate restorations for six figures, and usually he thinks, "hell, I got me one o' them in the back yard! I'll paint it and put a JCWhitney interior in it, and fix up the engine a little bit, and sell that sum'bich for a bunch o'money! Honey! Get me another beer, I'll be in the ga-rage!"
And he can think he can sell it for a bunch of money all he wants, but... he won't. He can try, but... Nahhhhhh...![]()
#9
I agree, if Ring Brothers, Chip Foose, Hotchkis or some other big name builder built the car it I think it could get close to $100K
But to answer the OP's question, Yes there is a market for this car and $100K+ muscle cars. Whether or not this one will sell for that much, I doubt it.
And please never compare this type of car to a prelude
#10
Have you missed the last 10 years where restored Muscle with matching #'s big engines bring in big $?
TCL pearl #452: You cannot name a car that would not be improved with a LSx engine.
Formerly of Lexington, KY
Kentucky Wildcats-Go Big Blue!
#11
I don't even like "Merican Muscle", but even Im disappoint.
As we all know God forged the 4.0 from a block of granite at the dawn of time.
#12
Not sure if troll thread, or not...
It's actually kinda close to what it could go for. Still remember my old neighbor with a number matching Hemi Cuda Convertible. Astronomical dollars for that thing.
#13
Would rather have 5.58823 preludes.
I don't get it either man. Old car is old car. Don't worry, when the people that grew up with these things start dying off, well they already have started dying off just noting all these huge muscle car collections coming to auction recently. Anyways, when they all die off, the cars will go with them, just like all the old model Ts and 32 fords that have been dying off for some years.
Real money collects European sports cars, not American muscle. That is where the longstanding value will always be.
#14
I'm a huge Prelude fan, I even made a couple threads about my search for a Prelude earlier this year, but it's not even a comparison, this car is so much more special than any Prelude
And what exactly makes an old European sportscar more worth in your eyes than an old muscle car? Any old car is going to pale in comparison to a newer car in performance, safety, efficiency, etc. so all your buying is styling, nostalgia and a small piece of history, and old Muscle cars fill those criteria just as well as old European cars
"When you need to get somewhere quickly, I'd rather get there the fastest I can, looking the best I can"-Rutledge Wood
#15
'32 Ford - $80K (USD)
http://inv.idealclassiccars.net/view...in-Sarasota-FL
Model T - $40K (USD)
http://www.hemmings.com/classifieds/...t/1396165.html
I could use that sort of "value"...![]()
#16
#17
I've never known 71-72's to be worth anything near that much. Maybe if it's some incredible nut and bolt restoration.
#18
#19
A hundred dollars on your hair, fifty on your nails, fifty on make-up, two hundred dollars for an outfit. You ladies spend four hundred dollars to bring home a thug that ain't worth ten cents!
#20
#21
Cool car. But I think it's sad they're worth so much now. Makes it difficult for us minimum wage people to own one.![]()
#22
I'd pay that much, if not more, for a matching #'s 70' Chevelle SS 454 convertible, a little less for a 71'. I'd pay about 70k for that car if it was 100% correct, and not a pig with lipstick on it. Not as wanted but still desirable.
Current Car: 99' Subaru Impreza Outback Sport
Project Car: 84' Chevy Monte Carlo
Past Cars: 84' Buick Regal, 87' Olds' Cutlass Supreme Brougham, 87' Monte Carlo SS, 91' Toyota Corolla
#23
"When you need to get somewhere quickly, I'd rather get there the fastest I can, looking the best I can"-Rutledge Wood
#24
I was responding to the opening post. European sports cars are a better place to spend money.
Most of these muscle car's value comes from nostalgia, not a racing pedigree or beautiful design work. These were the 1960s version of factory hot rods, tossed aside and forgotten for a few decades, now the baby boomers are older and can afford nice 3rd cars, there is a market. When those baby boomers die off and the cars are shifted, the values will come back down to more realistic levels.
European sports cars however, built in limited numbers and with unique shapes from the more common cars, will hold their values because they participate in a global market, not just a market of 50-70 year old men in North America. I make generalizations; I realize there is a limited muscle car market overseas.
#25
Really?
http://www.barrett-jackson.com/
#26
do you think the kids of the 80s and 90s grew up lusting after 74-89 model year cars? There might be a special place for a turbo Z here and there but many people for an extra generation after the baby boomers wanted these muscle cars as well. Besides the fact that cars went though a drastic technology change shortly after these were made (emissions equpiment) I think that they will continue to have high values for the foreseeable future.
Also for every "Bubba" who wraps their lesser one around a tree or lets it rust back to the earth, there is one less in the world, and they get older every year.
Mustang ownership: cruising at 1500 RPM: oops time to upshift!
#27
people will spend whatever they can on whatever they want..
#28
#29
I really think there's something seriously wrong with you beyond just being naive. I mean I think Chevelle's and similar are complete junk personally. I wouldn't take the car in question if it was given to me and if I had $100k, I'd rather buy the upcoming Viper or Z06/Zr1 with the money, if I wanted something domestic.
But your comments don't make any sense, regardless of my personal preferences and dislike for old American cars like this. Lots of people love these things. What's real money?
#33
August 21, 2011 1957 Ferrari 250 Testa Rossa Gooding & Company $16,390,000 $16,933,101
May 17, 2009 1957 Ferrari 250 Testa Rossa RM Auctions $12,402,500 $13,435,561
May 18, 2008 1961 Ferrari 250 GT SWB California Spider RM Auctions $10,894,900 $11,760,430
November 17, 1987 1931 Bugatti Royale Kellner Coupe Christie's $9,800,000 $20,047,803
June 15, 1986 1931 Bugatti Royale Berline de Voyager Kruse $6,500,000 $13,781,421 [19]
May 1, 1985 1957 Aston Martin DBR2 Christie's $3,424,490 $7,399,950
April 30, 1985 1934 Alfa Romeo Tipo B Christie's $2,788,513 $6,025,673
July 12, 1984 1936 Mercedes-Benz 500K Roadster Christie's $1,450,000 $3,243,690 [33]
1973—1984 No information available
1973 1941 Mercedes-Benz 770 F-Cabriolet Kruse $176,000 $921,427 [17][18]
January 6, 1973 1941 Mercedes-Benz 770 F-Cabriolet Kruse $153,000 $801,013 [17][18]
September 4, 1972 1933 Duesenberg Model J Victoria Kruse $90,000 $500,048 [19][20][22]
June 12, 1971 1936 Bugatti Type 57SC Atalante Coupe Sotheby's $59,000 $338,583 [8][34][35]
Real money
http://en.wikipedia.org/wiki/Most_ex...old_in_auction
I assume the next 90 cars on that list would mostly be European sports cars as well.
#34
Doesn't matter if the car is worth 95K or not. What matters is whether somebody is willing to pay 95K for it.
refinement of the decline
#35
Mustang ownership: cruising at 1500 RPM: oops time to upshift!