10 American Classics That’ll Empty Your Pockets – The 8th Model is Too Expensive

One of the popular postulates of the automobile industry: The older the good cars get, the brighter they luminesce in the limelight. The American automobile industry has produced numerous vehicles throughout the twentieth century that are classified today as legendary classics. However, despite our unwavering love for such vehicles, not all are desired. The ones that remain and will remain hot-sellers are defined by several factors such as rarity, specialty, and associated legends that collectively act as springboards. And, In order to own one of these in mint condition, you might be required to turn your bank account inside out. From Ford to Chevrolet, and even some lesser-known examples — here’s our top 10.

10 Ford GT40 – $6 Million

A blue Ford GT40 with a white stripe.

Produced from 1964 through 1969, the Ford GT40 proved to be a segment-defining performance car that redefined the meaning of vehicle capabilities. Featuring a 6997 cc 427 CID V-8 engine, the GT40 could become a madman in a matter of seconds going from 0 to 100 kph in mere 5 seconds. In addition, the GT40 could reach a maximum speed of 205 mph which was unprecedented at the time. The GT40 highlighted a number of prestigious competitions, including Daytona and Le Mans. And, since only 105 units were produced, the coupe remains highly rare today. At the 2014 Houston Mecum auction, the coupe was auctioned off at a staggering price of $7 million.

9 Duesenberg Model J – $2 Million

1937 Duesenberg Model J on display

Duesenberg Automobile and Motors Company had a pretty short run lasting about 25 years. Even so, the cars the company produced are among the most desired today. The most famed of all was the Duesenberg Model J. The Model J came with a 7-liter DOHC Duesenberg Straight-8 engine capable of producing 265 horsepower. At the time of its launch, the Model J was both the most expensive and fastest car in the United States. For many, the Model J remains the first real luxury vehicle. One can argue the Model J is more vintage than classic, but the fact can’t be sidelined that the way these masters function doesn’t jibe with the shaky performance of those vehicles of the 30s. The Duesenberg SSJ commanded a price of 22 million at its auction, becoming the priciest American-made classic to be ever sold.

8 1969 Chevrolet Camaro ZL-1 – $550,000

A silver 1969 Chevrolet Camaro ZL1with an open hood

Camaros remain a popular choice among Americans. However, none of the newer models can hog the limelight of the first-gen Camaros. The 1969 Chevrolet Camaro ZL-1 featured a 7.0-liter L72/ZL1 V-8 engine — one of the bulkiest set up for a production car at the time. The car generated 430 horsepower at a screaming 5200 rpm. One of the original engineers of the ZL-1, Barry Burstein, helped restore one of these ZL-1s, and understandably, the car left the auction building for a mind-blowing $1,094,500.

7 Ford Mustang Shelby GT500 – $150,000

Ford Mustang Shelby GT500

Equipped with a FE 428 7.0-L V-8 engine, the GT500 meant nothing but power and performance. As a result, it has been the poster boy of one too many automobile auctions. The car boasted a maximum speed of 170 mph. The GT500 and its siblings have notoriously set buyers back by over a million. In January 2019, the 1967 Shelby GT500 was sold for $2.2 million, the most expensive Mustang ever sold at auction.

6 1969 Dodge Charger Daytona – $380,000

1969 Dodge Daytona

The 1969 Dodge Charger Daytona is the most popular of all the Daytonas ever produced for plenty of good reasons. The 1969 model came with a 7.2-liter Magnum V-8 engine that generated 425 horsepower. In addition, the Daytona’s distinctive design, highlighted by an extended nose cone, gave a special aspect to its positioning in the market. One of the collectors’ favorites, the 1969 Hemi Daytona, was sold for $1.3 million, the highest price for a Daytona ever.

5 1967 Chevrolet L88 Corvette – $2.5 Million

1967 Chevrolet Corvette

The 1967 Chevrolet Corvette is often credited with improving the way the Corvettes were engineered. Installed with an L88 engine, the masterpiece was rated at 430 horsepower. Legendary drivers such as Roger Penske, A. J. Foyt, Dick Guldstrand, and Jim Hall played an important role in conveying Chevy Corvette’s power formula to car enthusiasts. Consequently, one of these 1967 Chevrolet Corvettes fetched $3.2 million at the Mecum Dallas auction.

4 1961 Lincoln Continental – $150,000

1961 Lincoln Continental

The 1961 Continental was a major refresh over its predecessors in a number of ways from the engine to the design. The four-door sedan/convertible featured a 7.6-liter MEL V-8 engine. And as ever, Lincoln’s mascot vehicle was one of the finest luxury options in the American automobile market at the time. Though it’s not as pricey today as others on the list, it deserves a place here for its role in furthering the scope of full-size luxury cars.

3 1971 Plymouth Hemi ‘Cuda Convertible – $2.5 Million

1971 Plymouth Barracuda Gran Coupe

One of the legends from the classic-car era, the 1971 Plymouth Hemi Cuda remains in the favorite list of both those who understand and don’t understand rides. Installed with a 7.0-liter Hemi V-8 engine, the Baracuda trumped the economy car market thanks to increased cruise-ability and focus on practical driving. The Plymouth Barracudas enjoy one of the highest appreciation rates among American cars. In 2014, the 1971 Hemi Cuda was auctioned off at $3.5 million.

2 1965 Shelby Mustang GT350 – $500,000

Shelby Mustang GT350

The super American racing masterclass put up an ideal example of a perfectly balanced performance vehicle. Powered by a 4.7-liter Windsor K-Code V-8 engine, the car was available with both manual and automatic transition. The iconic guardsman blue stripes along the entire length of its Wimbledon white body quickly became synonymous with Mustang’s grandeur like nothing else. Out of 562 units produced, most featured the Le Mans Stripes due to its enormous popularity among drivers. The legends associate one of the GT350Rs with Ken Miles. Consequently, that particular GT350R fetched a hefty sum of $3.5 million at Mecum auction, becoming the most expensive Mustang ever sold.

1 1954 Pontiac Bonneville Special – $3 Million

A green Pontiac Bonneville Special

The 1954 two-door canopy coupe from Pontiac made a strong impact on the history of automobiles, especially with its chick design. The concept car was crafted to attract those big on sensible luxury. The sports coupe features amalgamated the Europe-typical curves in the front with glimpses of American aviation’s soul in the rear. The Special featured a “Special”-8 inline-eight engine with a 4.4-liter displacement. One of these beauties ponies from the Ron Pratte collection commanded a mind-blowing price of $3.3 million.

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