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1970 CHEVROLET CHEVELLE LS6 CONVERTIBLE sells for

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Old Oct 25, 2006 | 07:20 AM
  #21 (permalink)  
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no think of it that car is sitting in a climent controlled room some where and will maybe get 500 miles put on it in all of 50 years or so..that car will probley sell for less or more u never know come 50 years..some dude toke a shot at it being an investment or not.
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Old Oct 25, 2006 | 07:56 AM
  #22 (permalink)  
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Originally Posted by Suicidal Racing
no think of it that car is sitting in a climent controlled room some where and will maybe get 500 miles put on it in all of 50 years or so..that car will probley sell for less or more u never know come 50 years..some dude toke a shot at it being an investment or not.
I get that.

But do you really think the fact that it was the second car off the line is worth paying $550K over sticker?

I don't.

If someone wanted to buy one as an investment, I'd wait a year or so, buy a clean low mileage one for maybe 40K and then hold onto it for 30 years or so. That makes sense.

Not paying 11 times the sticker price.

But obviously this guy wipes his ass with 100s so he can do what he wants with it...
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Old Oct 25, 2006 | 08:44 AM
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because its signed by shelby and is the first car allowed to the public..with all the doc's and so on..thats why..its not really hard to understand.

its history that controles the value of these cars..some guy is betting that the history from the first version and then it being the first of the seonc version that its going to be worth a shit load in 50 years
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Old Oct 25, 2006 | 09:12 AM
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1/4 mile tracks u run up then get towed or drive back to the pits
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Old Oct 25, 2006 | 11:53 AM
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Originally Posted by Frankie
Some people in this thread are clueless. That's not just a 1970 Chevy, it's one that won countless races and has a completely documented history.
still not worth 1.2 mil
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Old Oct 25, 2006 | 12:08 PM
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I wish I could see a vid of this auction, sounds awesome.
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Old Oct 25, 2006 | 04:40 PM
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Originally Posted by bottlefed
I get that.

But do you really think the fact that it was the second car off the line is worth paying $550K over sticker?

I don't.

If someone wanted to buy one as an investment, I'd wait a year or so, buy a clean low mileage one for maybe 40K and then hold onto it for 30 years or so. That makes sense.

Not paying 11 times the sticker price.

But obviously this guy wipes his ass with 100s so he can do what he wants with it...
I agree with you. Why pay that much? Just cause its the second car. Now it being signed is something but I still think thats alot for a car thats only worth $50K.

And spending 1.2 mil is just crazy. I would have bought the Buggatti Veron.
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