It’s funny to think about some of the classic car collectors who have spent insane amount of money for classic cars. (each to their own). If I had that amount of money I think I might have bought some of the cars below!!
But those cars are not just old, some of them are rare and the rarer they are, more money is spent on them because rare cars are highly collectible. Yes, it’s amazing and fulfilling to have a piece of history but are they overspending? Take a look at these expensive classic cars that are sold at auction.
We’re starting our countdown with the cheapest car on the list, somebody paid $825,000 for a 1969 Chevrolet Corvette L88.
1969 Chevrolet Corvette L88
This car was sold at Goodlings & Company auction in 2013. It is reasonable to spent $825,000 for this Corvette because it was packed with the L88 engine. This engine was only available from 1967 to 1969 and it was rare, this car was one of the most coveted cars for a lot of Corvette collectors. Also, this car was unrestored and it only has 20,000 miles on its odometer. This Corvette comes with its original bill of sale and a statement of origin.
1968 Chevrolet Corvette L88
Another Corvette! This 1968 model of Corvette was sold for $880,000. Like on the first item on our list, this car was powered by the L88 engine but this 1968 model was rarer than the 1969 model. Only 80 1968 Corvette L88 is made and many Corvette collectors will do anything just to get their hands on these cars. This car was displayed at Barrett Jackson auto auction and it comes with its original bill of sale, tank sticker, window sticker and original owner’s manual.
1966 Shelby Cobra Roadster
Somebody paid $1 million for this 1966 Shelby Cobra Roadster at 2014 Mecum Auto auction. This car was already restored in 1993 but all of its parts are original to match the original specifications of a 1966 Shelby Cobra. It’s odometer was also reset to zero during is restoration in 1993 and since then, this car has won several awards including “The best in show” at the 1993 Carroll Shelby Awards. It also appeared in two different magazines and its entire history was documented at Shelby auto registry.
1969 Chevrolet Camaro ZL1
Aside from the L88 engines of Chevy Corvettes, Camaro’s ZL1 is also legendary. This engine was not meant for street vehicles, the developers of this engine said that it’s too powerful and it was intentionally made for racing. This engine was entirely made with aluminum and it was only available if customers had specially ordered it. This engine was exclusively available for 1969 models and there are only 69 Camaro with the ZL1 engine. This is the most rare Camaro and that’s the reason why it was sold for $1 million in 2013 Mecum Auto auction. The typical 1969 Camaro ZL1 only cost around $500,000 but because Barry Burnstein had personally restored this car, it became expensive. Barry Burnstein was one of the original developers and builder of the ZL1 engine; he restored this Camaro to its original factory specifications.
1970 Chevrolet Chevelle SS 427 LS6
Chevrolet Chevelle was one of the most famous cars during the era of muscle cars in 1960s and that’s why it’s one of the most sought after classic muscle car. The 1970 Chevy Chevelle SS 427 LS6 was the best Chevelle ever built because it was powered by the 427 LS6 engine. This car was sold for $1.15 million in 2013 Mecum Auto auction and its authenticity was verified by National Chevelle Owner’s Association.
1967 Shelby GT500e Super Snake
Since this list is already filled with classic rare muscle cars, is there any rarer than this 1967 Shelby GT500e Super Snake? Since this car was highly priced during its introduction in early 1967, it was only available through a special order. Unfortunately, nobody ordered this car in 1967. This car was the only existing Super Snake and it was sold with the price of $1.3 million.
1970 Hemi Cuda Convertible
Finally, a car from a different brand. Who would have thought that a Hemi ‘Cuda will appear on our list? During the early ‘70s, the sales of muscle cars were starting to decline and the popularity of convertibles is also falling. Only 14 convertible Hemi Cuda is made in 1970 and nine of those cars have the 727 3-speed transmission. This car’s authenticity was verified and it was sold with the price of $2,000,000 in 2011 Russo and Steele auction. It only has 19,000 miles on its odometer.
1971 Hemi Cuda Convertible
You better think twice if you thought that Hemi Cuda could only pull $2 million at auctions. Only 11 Hemi Cuda convertible are made in 1971. This car was sold in Barret Jackson aution in 2007 for $2.2 million even if this car doesn’t have its original engine.
1967 Chevrolet Corvette L88
The first Corvettes that are powered by the L88 engine were released in 1967. Only 20 of them were made in 1967 and it was the most sought after by Corvette collectors. This car was already been restored because it was destroyed while participating in a race. Amazingly, this car still has its original body panels and it was the last 1967 Corvette L88 to have its original body panel. This car was sold for $2.3 million in 2013 Mecum Auto auction.
Finally, for the last vehicle on the list. Are you expecting another Chevrolet Corvette? Camaro? Chevelle or Ford Mustang?
You may not be surprised because this car had already appeared on the list but here we go, the number 1 car on our list was from Plymouth. A 1971 Hemi Cuda Convertible 4-speed.
1971 Hemi Cuda Convertible
This car is considered as the “Holy Grail” of muscle cars and it is one of those 11 Hemi Cuda from 1971. The only difference of this car compared to the previous 1971 Hemi Cuda was, it’s one of the two Hemi Cuda from 1971 to have a 4-speed transmission. This car as the last 4-speed convertible 1971 Hemi Cuda because the other 4-speed convertible Hemi Cuda from 1971 was gone and its whereabouts are unknown. This car was sold at Mecum Auto auction in 2014 for $3.5 million and it was the most expensive muscle car to ever sell in auction. It also holds the record for being the most expensive Chrysler.
Reference and photo credits