U.S Marshal's Skipco Auction 1971 440+6, 4 spd Cuda

[GrandpaKevin]

Cuda bid to $79.5K said it sold

Challenger bid to $44.5K upon approval

[BS27R1B]

 Here is a photo of the car restored probably 10 years ago.It was restored by a shop in the Twin Cities area. I sold the car to Lee Hoffman who was a banker in Chicago. You may recall he was involved with the blue 4 speed Hemi Cuda convertible that was the first musclecar to sell for $1,000,000.

[BS27R1B]

  It came with two sheets one of which was missing the top 2-3 inches.

[anlauto]

Nice...what do you think it's worth now Rick ?

[RUNCHARGER]

"Cuda bid to $79.5K said it sold

Challenger bid to $44.5K upon approval"

I thought the Cuda would have went higher actually. I figured the Challenger would go that high, but the bidder would be much better off just spending $70k up front for one in better condition. JMO.

[anlauto]

"Cuda bid to $79.5K said it sold

Challenger bid to $44.5K upon approval"

I thought the Cuda would have went higher actually. I figured the Challenger would go that high, but the bidder would be much better off just spending $70k up front for one in better condition. JMO.

Oh Wow...I didn't realize the auction was today....I thought it wasn't until October.....Oh shit...we're already in October...man time flies


Those prices are a pretty good deal for somebody...

[GrandpaKevin]

The bidding blew past my $50k bid quickly, I'm not a huge 71 'Cuda fan but I thought the 'Cuda was well bought especially with all the verification and history given here on the car.
The winning bidder was present at the auction, maybe somebody here?

The 'Cuda's cosmetics probably can be corrected fairly easy so as long as the engine/drivetrain were good the car had the potential to look as good as the restored pics.

The Challenger bidding did not meet the reserve. There might be some behind the scene negotiating but I wouldn't be surprised to see it on the block again.

The wifegod did not win the 1970 Camaro either.....

[anlauto]

So what was the reserve on the cars ? Did the 71 Cuda have a reserve too I guess ?

@Desmond Did you buy it ?

[GrandpaKevin]

So what was the reserve on the cars ? Did the 71 Cuda have a reserve too I guess ?

@Desmond Did you buy it ?

No idea on the reserves.
I'm sure the Marshals had them appraised.

The 'Cuda is listed as sold

The Challenger bid is listed as pending approval.

Maybe both cars will go through again.....

[BS27R1B]

 They all Pretty well have reserves at these Marshal auctions.
Knowing the Cuda as I do the price was 'well bought'. I feel it should have been into the six figures.

The interesting thing will be the sheet. Most often when cars are seized paperwork is lost as the people grabbing the cars seldom know what it is or the significance of it. Sheets are seldom kept in a vehicle. The brown Canadian Hemi Coronet four door sedan lost it's sheet when the bank grabbed it. Luckily for Mike Ross I kept a copy from when I had the car and bought the sheet from a previous owner.

[RUNCHARGER]

Ha, ha: I figured you might have nailed that Cuda again Rick!

[E74cuda]

So I'm assuming the 79.5k on the cuda was without the fees which were maybe 10%. If so the 79.5 would be 87450.00

[GrandpaKevin]

So I'm assuming the 79.5k on the cuda was without the fees which were maybe 10%. If so the 79.5 would be 87450.00

Marshal cars auctioned at Skipco don't have buyers fees, not sure if any other added "fees" apply.
Sales tax is added of course.

[GrandpaKevin]

They all Pretty well have reserves at these Marshal auctions.
Knowing the Cuda as I do the price was 'well bought'. I feel it should have been into the six figures.

The interesting thing will be the sheet. Most often when cars are seized paperwork is lost as the people grabbing the cars seldom know what it is or the significance of it. Sheets are seldom kept in a vehicle. The brown Canadian Hemi Coronet four door sedan lost it's sheet when the bank grabbed it. Luckily for Mike Ross I kept a copy from when I had the car and bought the sheet from a previous owner.

When my wife and I looked at the 70 Camaro ALL the car's paperwork INCLUDING the car's TITLE were sitting on the back seat.

I didn't see any paperwork for the 'Cuda.

[BS27R1B]

  I could be wrong but I don't think there are additional fees at this one.

  I was very tempted Sheldon to buy it back.