Rare muscle cars are extremely collectible. The rarer they are, the more a person is willing to pay to obtain one. Typically, these old American muscle cars need to be completely restored. They require new engines, transmissions, paint, etc. A very limited number of them have survived the test of time. These are the ones people pay the most for. Collectors will also pay a hefty sum of money for a restored car, but it must be very rare and the restoration job must be done extremely well.
Auction companies love when one of these rolls onto their block. Potential buyers go crazy over them. People will travel all across the world for the chance to buy it. Unfortunately, only one person will drive away in their new car. The rest of those potential buyers will more than likely leave with something else in order to make their trip worthwhile. Because these cars bring in some very fat wallets, the auction company makes more money on all the cars just because the one highly collectible model was available.
This list is all about muscle cars. There are some criteria a car must meet in order to be considered a “classic” muscle car, and therefore be included on this list. First the car must be equipped with a V-8 engine. It also must be made in America during the late 1960s or early 1970s. Most muscle cars have only two doors. Four door models are the subject of a long argument between muscle car fans; however all agree that two-door models are muscle cars. Lastly, they must have been production cars. This means they are not race cars. Someone could have actually gone to a dealership and bought one these. It does not matter if it was available on lots or if it had to be specially ordered from the manufacturer. It just has to a car that could be purchased by anyone.
1970 Chevrolet Chevelle SS 427 LS6 — $1.15 Million
The Chevelle is one of the most sought after muscle cars by collectors. However, to those who specifically collect Chevelles, there has never been a finer one produced than the 1970 Chevelle SS 427 LS6. Only 20 Chevelles were ever made with a LS6 427 cubic inch engine. This one sold at a 2013 Mecum auto auction was professionally restored by Car Connection and had its matching numbers verified by the National Chevelle Owners’ Association. Its build sheet came with the car and was verified as the original by forensic analysis. This Chevelle was purchased for $1,150,000.