$226,521.63 worth of what is now s metal.

Topic: $226,521.63 worth of what is now s metal. (Read 2048 times) previous topic - next topic

$226,521.63 worth of what is now s metal.

November 26, 2008, 09:13:07 AM

Interesting to say the least.

http://www.pistonheads.com/news/default.asp?storyId=18977

Original listing: http://cgi.ebay.com/ebaymotors/Pontiac-Le-Mans-TEMPEST-63-PONTIAC-LeMANS-TEMPEST-1-4-MILE-CAR-W-O-MOTOR-TRANS_W0QQcmdZViewItemQQ_trkparmsZ66Q3a2Q7c65Q3a13Q7c39Q3a1Q7c240Q3a1318QQ_trksidZp3286Q2ec0Q2em14QQhashZitem110306170567QQitemZ110306170567QQptZUSQ5fCarsQ5fTrucks

$226,521.63 worth of what is now s metal.

Reply #1 – November 26, 2008, 09:21:23 AM

Interesting? Yes.

Worth a 1/4 mill? No. Even if restored...Hell, even if original.

$226,521.63 worth of what is now s metal.

Reply #2 – November 26, 2008, 09:40:17 AM

Quote

Worth a 1/4 mill? No. Even if restored...Hell, even if original.

Hence my title

$226,521.63 worth of what is now s metal.

Reply #3 – November 26, 2008, 10:17:33 AM

I just had to think about what all I could get done with $226,521.63.

$226,521.63 worth of what is now s metal.

Reply #4 – November 26, 2008, 11:14:31 AM

I could buy all the convertible cougars on ebay with that money, and have them professionally restored.

$226,521.63 worth of what is now s metal.

Reply #5 – November 26, 2008, 12:33:30 PM

I understand the worth being a rare car but a 1/4 million,come on.
Maybe if it had all the drivetrain and then not even.
Some people have money to throw around just wish they'd throw some my way lol.
God that thing's ugly.

$226,521.63 worth of what is now s metal.

Reply #6 – November 26, 2008, 01:00:22 PM

That car is from the era where the VIN code told the whole story about the vehicle, particularly those with big blocks or rare engines. There are plenty of people out there that hunt for rare VIN-coded cars ("K" code Mustangs, for example, or a "Q" code Cougar).

It's 1 of 6, with half of them gone now, so it's really 1 of 3. That's pretty exclusive territory.

So if it's worth it to someone, they'll pay. More power to them. It's just a shame that the drivetrain is gone.

$226,521.63 worth of what is now s metal.

Reply #7 – November 26, 2008, 01:07:48 PM

I suppose a lot people would wonder why we all pour money into obscure Thunderbirds and Cougars like we do.If I had the money,I'd pay huge rediculous dollars for a Hemi Superbird.

$226,521.63 worth of what is now s metal.

Reply #8 – November 26, 2008, 02:48:35 PM

Every car enthusiast spends more than he or she should. There comes a point where each person draws a line though. That much for that car in the condition it is in -- even if it IS a 1 of 3 in existence -- went over the line by a football field or so for me.
This is especially true in an economy that is in the toilet and circling the drain and looks to be for at least another year or so.

Congrats to the seller for getting such an amount.
I hope for the buyer's sake there is some sort of non-fiscal attachment.

$226,521.63 worth of what is now s metal.

Reply #9 – November 26, 2008, 06:12:17 PM

thanks Barrett-Jackson, you have now made muscle cars unattainable for the average joe.

Wish I were rich...I'd build a SS396 '69 Chevelle.

$226,521.63 worth of what is now s metal.

Reply #10 – November 26, 2008, 07:48:48 PM

Thats the sad part. Barrett Jackson is half the reason cars sell for way more than they should. My Dads 70 Chevelle SS is worth 40,000 baseline in "good" condition now according to appraisers. It needs fenders and maybe quarters. Its still in really really good condition just some surface rust, but jesus. I plan on redoing the whole car when I open my own shop, after 2 years of experience Im not quite ready to tear into it yet.

$226,521.63 worth of what is now s metal.

Reply #11 – November 26, 2008, 07:59:16 PM

Quote from: Chuck W;244822

Interesting? Yes.

Worth a 1/4 mill? No. Even if restored...Hell, even if original.

BUT would it be worth half a week's pay to you?

Quote from: Source: http://www.nypost.com/seven/11142007/news/nationalnews/triking_out_54981.htm

"Letterman's annual salary is a reported $31.5 million, while Leno's is around $27 million. "

so Leno's (car collector) $27,000,000 divided by 52 weeks in a year gives him $519,230. a week.
Subtract the $226,521. price of the car, from his weekly income and that leaves him with $292,709 to get by on for the week...

That's a LOT of grocery's!
Based on these numbers, he stole the one of three!

$226,521.63 worth of what is now s metal.

Reply #12 – November 26, 2008, 08:11:28 PM

WOW!! I saw this on the bay when it had something like five hours left and was sitting around 85 grand. Bet there was a heck of a battle near the end of the auction.
Oh well, to each their own I suppose.:crazy:

$226,521.63 worth of what is now s metal.

Reply #13 – November 26, 2008, 08:42:52 PM

Well, I took up a collection from the guys at work, and bought this car. To look at it, I'll have to charge you $5000. When I make my money back on it, provided it don't sell on Barrett-Jackson, I will donate it to the Pontiac automotive museum. cars like these aren't owned, they are merely cared for, until the next guy.

$226,521.63 worth of what is now s metal.

Reply #14 – November 26, 2008, 11:25:08 PM

Almost a quarter million for a GM is just wrong. Now if it had been a 70 Boss Mustang or some other cool Ford, well, then that would have made sense....