We recently put together an infographic of our 10 favorite American muscle cars of all time. Now it’s time to turn our attention to the highest valued American muscle cars. Over the past few decades, prices for some of the rarest American muscle cars has skyrocketed. If you are lucky enough to own one of these beauties, your retirement plan is looking pretty good.
Here are the seven American muscle cars that are all worth more than a million dollars.
1970 HEMI CUDA CONVERTIBLE – $2.25 MILLION
The 1970 and 1971 Cuda Convertibles are extremely rare. A convertible muscle car was certainly not a common sight back in the late 60s and early 70s. Only 14 were made in 1970 and one of 9 to have an automatic transmission.
In 2015 one was auctioned off at the Mecum auction in Monterey, CA for $2.25 million.
1970 DODGE HEMI CHALLENGER R/T CONVERTIBLE – $2.5 MILLION
Another Mopar to break records at a Mecum auction is the 1970 Dodge HEMI Challenger R/T Convertible. This time is was at the Kissimmee, FL event in 2016.
There are very few authentic 1970 Hemi Challenger R/T convertibles in existence today, and those that have survived the past 50 years rarely become available for sale. Dodge created only 9 Hemi Challenger R/T Convertibles with the Hemi engine, and only four of them were built with the automatic transmission.
1971 PLYMOUTH HEMI CUDA CONVERTIBLE – $3.5 MILLION
Only 2 versions of this 1971 Hemi Cuda convertible were made available the U.S. It is considered by many enthusiasts and collectors to be the Holy Grail of muscle cars.
Once again, the mighty Mecum Auction house was responsible for the sale of this beauty. When the auction gavel dropped a $3.5 million price tag was put on this Hemi Cuda making it the most expensive Mopar ever.
1967 CHEVROLET CORVETTE L88 – $3.2 MILLION
It is often accepted that to be a muscle car a vehicle should be a mid to full-size 2 door car with 4 seats. Corvettes, being 2 seaters, are considered by many to be a sports car rather than muscle car. We couldn’t leave the Corvette of this list however.
In 2013, the third-annual Mecum auction in Dallas included more than 1400 cars, but the 1967 Corvette L88 was the undisputed star during the four-day event. The winning bid for this ultra-rare Corvette was $3.2 million making it the highest priced Corvette ever to be sold at auction.
1967 CORVETTE L88S COUPE – $3.85 MILLION
This time it was Barrett Jackson that saw a 67 Corvette L88 S Coupe cross the auction block. In 2014 one lucky owner purchased the 67 L88 for a whopping $3.85 million, which broke the previous record of $3.2 million.
Only 20 1967 L88s were ever made making it one of the most sought-after muscle cars in existence. This helps to explain its $3.85 million price tag.
SHELBY SUPER SNAKE COBRA – $5 MILLION
It was a Saturday night back in 2007 when Caroll Shelby’s personal Super Snake Cobra set a Barrett-Jackson record. Barrett Jackson’s Lot#1301 sold to Ron Pratt, a local Arizona collector and personal friend of Carroll Shelby and Craig Jackson, for $5 million.
The Super Snake Cobra was built back in 1966 with a 427 Dual Paxton supercharged engine capable of 800+ horsepower. A truly one-of-a-kind vehicle.
1967 SHELBY GT500 SUPER SNAKE – Up to $5.5 MILLION
2013 was a good year for Mecum at its Indianapolis auction. An extremely rare Shelby GT500 Super Snake sold for $1.3 million, making it the most expensive Mustang to ever sell at auction. Why is this car so pricey? It’s the only one of its kind, built with a 427 cubic-inch race engine similar to the mill in the original GT40. 50 additional cars were planned but there wasn’t enough interest from the public, hence this Holy Grail of Shelby Mustangs. Today you can expect to pay over $5 million if it ever come back to the auction stage.