THE $3M 'Cuda

"Mr. Ontop, No Strokes, No Smokes...Goes Fast." (twostrokesmoke)
06/16/2014 at 13:55 • Filed to: None

It nice, but also the reason this hobby is becoming more and more inaccessible.

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DISCUSSION (20)

Jedidiah > Mr. Ontop, No Strokes, No Smokes...Goes Fast.
06/16/2014 at 13:56

This is why we can't have nice things. (Seriously)

oldestyoungn > Mr. Ontop, No Strokes, No Smokes...Goes Fast.
06/16/2014 at 13:56

First thing they should do is drive it and lose at least $2,000,000.

YSI-what can brown do for you > Mr. Ontop, No Strokes, No Smokes...Goes Fast.
06/16/2014 at 13:58

More and more inaccessible? There are tons of cheap fun cars you can get! Then you make them fast!

Mr. Ontop, No Strokes, No Smokes...Goes Fast. > YSI-what can brown do for you
06/16/2014 at 13:59

No, I'm talking about older muscle cars. The prices, even for shitty examples have shot through the roof for most of them.

BaconSandwich is tasty. > Mr. Ontop, No Strokes, No Smokes...Goes Fast.
06/16/2014 at 14:00

Wow, talk about crack pipe.

If you aren't afraid of working on old, rusty stuff, there's actually quite a few decent looking project cars out there.

BeaterGT > Mr. Ontop, No Strokes, No Smokes...Goes Fast.
06/16/2014 at 14:00

Family member had an unrestored 71 convertible. Sat in a garage in Germany for many years. Went for a half million.

YSI-what can brown do for you > Mr. Ontop, No Strokes, No Smokes...Goes Fast.
06/16/2014 at 14:01

Oh okay, yeah I can see that. I guess it is that time when the people that had these cars back then are now rich enough to buy them back at super inflated price. That's the only reason I can think of.

Mr. Ontop, No Strokes, No Smokes...Goes Fast. > YSI-what can brown do for you
06/16/2014 at 14:04

I think you mailed it. Also, these high profile auction houses aren't helping anything, either.

Milky > Mr. Ontop, No Strokes, No Smokes...Goes Fast.
06/16/2014 at 14:06

For a Plymouth …. If I were to buy a muscle/pony car right now, It would have to a Cougar. They are just so nice and cheap.

Kinja'd!!!

TillTheWheelsFallOff: Brocoma > Mr. Ontop, No Strokes, No Smokes...Goes Fast.
06/16/2014 at 14:07

Ownership of classic cars of this stature is like owning a prize race horse, it's not supposed to be affordable for everyone. Exclusivity sells. As much as some folks like to preach on here that automotive culture should be inclusive to all, it really isn't, it never will be.

Mr. Ontop, No Strokes, No Smokes...Goes Fast. > Milky
06/16/2014 at 14:09

I agree. I found a prime candidate for restoration just a few weeks ago. I'll dig around and see if I still have the pics. It was already on a trailer like it was just begging someone to take it home with them.

Audi-os, Amigos! > Milky
06/16/2014 at 14:10

Shhhhhhhhhhhhhhhhhh, that's my plan!

NOBODY LISTEN OVER HERE. COUGARS SUCK AND/OR ARE ALREADY TOO EXPENSIVE SO YOU SHOULDN'T EVEN BOTHER LOOKING.

Saracen > BaconSandwich is tasty.
06/16/2014 at 14:12

CP? Not really. It still sit in his garage for a few years, only to be sold for $5m or so.

These are not cars to drive, they are investments.

YSI-what can brown do for you > Mr. Ontop, No Strokes, No Smokes...Goes Fast.
06/16/2014 at 14:15

I kind of want to go to one, just to see what the crowd is like. I don't know why, but I always feel like the amount of people that actually like cars there are much lower than what I expect.

Milky > Audi-os, Amigos!
06/16/2014 at 14:21

THEY ARE SO TERRIBLE, EVERYONE JUST PLEASE KEEP IGNORING THESE CARS, I … I MEAN, YOU'LL BE BETTER OFF FOR IT.

Mr. Ontop, No Strokes, No Smokes...Goes Fast. > TillTheWheelsFallOff: Brocoma
06/16/2014 at 14:23

So trailer queens are the future? Great.

Audi-os, Amigos! > Milky
06/16/2014 at 14:23

IT'S TOO LATE FOR MILKY AND ME BUT EVERYONE ELSE SAVE YOURSELVES!!!!!

BoulderZ > Mr. Ontop, No Strokes, No Smokes...Goes Fast.
06/16/2014 at 14:53

For fun, I did a quick calculation. Let's say you had $3M burning a hole in your pocket, and you really had to dump an unreasonable pile on a classic boomer ride. If you used $1M for the car purchase, on auto trader classics right now, there are two Shelby GT350s and a 69 Camaro that come up if you search between $900k and $1M. And using a handy calculator ( https://www.investor.gov/tools/calculat… ), if we put that remaining $2M to work at a very conservative 4% compounding monthly, it would throw off a bit over $81k per year. Sure, taxes have to come out of that, and at a likely higher than average rate; but it's also income for which you need do absolutely nothing. You could take any job you liked, regardless of paycheck, or start a business, or just do hobbies. Which means whoever bought that car either has absolute mountains of wealth, or is exceptionally bad at money/math, or is unshakably obsessed with owning a 'Cuda.

Demon-Xanth knows how to operate a street. > Mr. Ontop, No Strokes, No Smokes...Goes Fast.
06/17/2014 at 21:27

That's one of the reasons I love Corvairs. They're so incredibly accessible.

Mr. Ontop, No Strokes, No Smokes...Goes Fast. > Demon-Xanth knows how to operate a street.
06/18/2014 at 01:44

I'll agree with that. I wouldn't mind having a Corvair truck at some point.