What Does A Million Dollar Hemi Look Like?

sst1988 · 07-14-2010, 08:21 PM

And there is something very special about this 1968 Hemi Barracuda

http://www.dragzine.com/news/what-do...emi-look-like/

hemidup · 07-14-2010, 08:43 PM

Arlen raced it before long before it was restored. Big deal. To me, that car is only worth between 50g-75g as is. With the right buyer...$200,000.

Wade_Owens · 07-14-2010, 08:45 PM

Wont even come close to getting that kind of money. There are some cars way more documented and storied that have sold for less.........

Still a cool car though....

Wade

Jeff Lee · 07-14-2010, 11:36 PM

I dunno..brother of a buddy has one and it has "Sox & Martin" on the doors
and is un-restored from the early '80's or so. I'd bet it can be bought for $350K or less.

Jim B · 07-15-2010, 05:56 AM

There's a saying about collectibles. Question: What is it worth? Answer: Whatever someone will pay!! Look at the Truppi-Kling/Ray Allen SS/EA Chevelle. You have to remember the buyers of these items are usually not racers....they are "collectors". That group will pay any amount for something that they feel they can sell for more in the future. Add the ego factor into private collections and some of the sale prices are moon shots. Look at some of the inflated numbers some cars are bringing in these Arizona auctions. Who would have thought a 401K could have been built with a couple of new vehicle $5000 purchases back in the day?

Floyd Staggs · 07-15-2010, 08:20 AM

If you watched the recent Barret-Jackson auction in Orange County prices have dropped dramatically. There are getting to be less asses for the seats.

Wade_Owens · 07-15-2010, 09:05 AM

[QUOTE=Jim B;198384]There's a saying about collectibles. Question: What is it worth? Answer: Whatever someone will pay!! Look at the Truppi-Kling/Ray Allen SS/EA Chevelle. QUOTE]

That big money guy has been dumping those cars. That car was sold to another privateer for over 2/3's less than what he paid. Evidently the second owner was more in tune to what it was worth.
The collection he was building was full of "magazine" cars. Drag, show, street rod etc. His net worth of over $800 million allowed him any car he wanted. He's moved on to bigger and better things. He made some people alot of money, and cost the rest of a chance at owning more of these type cars.

Wade

Paul Ceasrine · 07-15-2010, 09:16 AM

That Cuda isn't the one that won 1968 Indy.
It was Arlen's second car, with a less storied history.
Ouch!

07-14-2010, 08:21 PM	#1
sst1988 Member Join Date: May 2008 Location: Pittsburgh, Pa Posts: 302 Likes: 0 Liked 0 Times in 0 Posts	What Does A Million Dollar Hemi Look Like? And there is something very special about this 1968 Hemi Barracuda http://www.dragzine.com/news/what-do...emi-look-like/ __________________

07-14-2010, 08:43 PM	#2
hemidup Member Join Date: Jan 2010 Location: Minnesota Posts: 409 Likes: 0 Liked 0 Times in 0 Posts	Re: What Does A Million Dollar Hemi Look Like? Arlen raced it before long before it was restored. Big deal. To me, that car is only worth between 50g-75g as is. With the right buyer...$200,000. __________________ Jerry Williams NSS/A, E/S, PRO E.T. And the "Grandaddy" of Gen III Hemi Performance...The fire inside me still burn's.

07-14-2010, 08:45 PM	#3
Wade_Owens Senior Member Join Date: Jul 2007 Posts: 578 Likes: 0 Liked 3 Times in 1 Post	Re: What Does A Million Dollar Hemi Look Like? Wont even come close to getting that kind of money. There are some cars way more documented and storied that have sold for less......... Still a cool car though.... Wade

07-14-2010, 11:36 PM	#4
Jeff Lee VIP Member Join Date: Jul 2007 Location: Anthem, Arizona Posts: 2,766 Likes: 0 Liked 3 Times in 3 Posts	Re: What Does A Million Dollar Hemi Look Like? I dunno..brother of a buddy has one and it has "Sox & Martin" on the doors and is un-restored from the early '80's or so. I'd bet it can be bought for $350K or less. __________________ Jeff Lee 7494 D/S '70 AMX

07-15-2010, 05:56 AM	#5
Jim B Member Join Date: Dec 2008 Posts: 100 Likes: 0 Liked 1 Time in 1 Post	Re: What Does A Million Dollar Hemi Look Like? There's a saying about collectibles. Question: What is it worth? Answer: Whatever someone will pay!! Look at the Truppi-Kling/Ray Allen SS/EA Chevelle. You have to remember the buyers of these items are usually not racers....they are "collectors". That group will pay any amount for something that they feel they can sell for more in the future. Add the ego factor into private collections and some of the sale prices are moon shots. Look at some of the inflated numbers some cars are bringing in these Arizona auctions. Who would have thought a 401K could have been built with a couple of new vehicle $5000 purchases back in the day?

07-15-2010, 08:20 AM	#6
Floyd Staggs VIP Member Join Date: Feb 2006 Location: Cucamonga, CA Posts: 1,521 Likes: 138 Liked 223 Times in 98 Posts	Re: What Does A Million Dollar Hemi Look Like? If you watched the recent Barret-Jackson auction in Orange County prices have dropped dramatically. There are getting to be less asses for the seats. __________________ Floyd Staggs 787 SST

07-15-2010, 09:05 AM	#7
Wade_Owens Senior Member Join Date: Jul 2007 Posts: 578 Likes: 0 Liked 3 Times in 1 Post	Re: What Does A Million Dollar Hemi Look Like? [QUOTE=Jim B;198384]There's a saying about collectibles. Question: What is it worth? Answer: Whatever someone will pay!! Look at the Truppi-Kling/Ray Allen SS/EA Chevelle. QUOTE] That big money guy has been dumping those cars. That car was sold to another privateer for over 2/3's less than what he paid. Evidently the second owner was more in tune to what it was worth. The collection he was building was full of "magazine" cars. Drag, show, street rod etc. His net worth of over $800 million allowed him any car he wanted. He's moved on to bigger and better things. He made some people alot of money, and cost the rest of a chance at owning more of these type cars. Wade

07-15-2010, 09:16 AM	#8
Paul Ceasrine VIP Member Join Date: Apr 2009 Posts: 2,546 Likes: 0 Liked 10 Times in 10 Posts	Re: What Does A Million Dollar Hemi Look Like? That Cuda isn't the one that won 1968 Indy. It was Arlen's second car, with a less storied history. Ouch!