1970 LS/6 Chevelle with 24 original miles

[bkhpah]

1970 Chevrolet Chevelle SS454, Red/black stripes and interior. Automatic, Absolutely like new. Unrestored with 24 originl miles. Original General tires. The lowest mile,most original LS/6 in the world. Documented with build sheet and bill of sale. Listing car for a friend. Contact at 401-822-0663. Priced at 200,000.00

[Tenney]

I recall a '70 LS-6 at Classic Motors of Hinsdale (circa '77-'78) w/2900 miles. Thought that was low mileage. Not anymore.

[Edited by Tenney (02-09-2002 at 07:24 PM).]

[69motion]

tooooo much for me but got any pics

[Mr70]

A friend of mine looked at this car in the early 90's,but it wasn't for sale.
He tried.
It is absolutley what you would think it would be.Plastic still on the seats from what he showed me.
It's got to be the best preserved 1970 LS-6 Chevelle in the world.
Roger Ausley and Bill Bonham can't touch this car.
I think the 200K asking price is in line with what this is.I wish I sold my Enron stock earlier.

[Steve Shauger]

50K more then Brian's 7000 mile Yenko...It is a column shift auto. It is a time capsule, but I would rather save 50k and have some fun.

[Warren Malkin]

Heard that the original smog system is missing. Find that strange that it would still have plastic covers on the seats, but someone took the time to remove the smog. Warren

[Stefano]

Warren what are you trying to say?

You would have removed the seat covers prior to the smog set up http://www.yenko.net/ubb/smilies/images/icons/smile.gif

[TwoBryans]

there was an ultra low mile black ls6 car with white stripes that sold on ebay for $80k a few months back. i think that was the one that roger ausley owned. i guess the barrett-jackson auction has changed values or opinions of values alot.

[Edited by twobryans (02-10-2002 at 12:14 PM).]

[Edited by twobryans (02-10-2002 at 12:16 PM).]

[Warren Malkin]

I heard a little "fluffing" went on to cherry it out. I'm not knocking the car, I'm sure it is one of the nicest, that exists. Just thought I would give everyone a heads up. Hope I didn't ruin anyones fantasy http://www.yenko.net/ubb/smilies/images/icons/frown.gif that it is totally untouched.
If I was old enough to drive and could have afforded a car like that in '70, I'm sure I would have taken some pictures of the car with no seat wrappers on. I usually read more into what is not said, than what is. Warren

[69motion]

i agree warren but it still sounds like a car you need in yor garage jeff

[Warren Malkin]

Even if there was a slim to none chance I could afford it, I don't think it would fit in the garage, unless I took it apart. Warren

[Kurt S]

Then there is the 8 mile 57 T-Bird I heard about. Bought it for his wife and she didn't like the color so he parked it. Not sure what the condition was or where it went....

[copo69]

That's really low mileage....still have the nubs on the tires? There was a guy here who raced a '69 Z/28 he had purchased new. It still had the plastic on the seats and as best I remember it even had the Norwood sticker on it. He raced in in Super Stock and M/P locally. It was really a neat car and was always kept mint... Hugger Orange with white stripes and interior. It was a race car all it's life but other than some lettering, headers, and removal of the smog it could have been mint.

[SS427]

or how about the red '59 Impala with .08 of a mile. The owner bought it, brought it home and parked it on stands in a climate controlled room and it hasn't moved since. There was a big article in I believe Super Chevy a few years ago about the car. Really neat.

[Vern B]

There is a pair of consecutive vin # 67 427/435 hp Corvette's, Rally Red, convertible
and coupe from Grand Rapids, Mich. that were
ordered with no fluids and to date have never had fluids in any compartment including the battery. They were publicly
shown for the first time at the St. Ignace car show in June 2000 and are still owned by the original owner, who due to an accident at home is now a quadraplegic. Anyone care to guess as to what these units might be worth?

[Jeff H]

I don't know what I would do with a 24 mile LS6. I couldn't own it and not drive it, but then putting any mileage on it would hurt the value. I guess it might make a good coffee table.

[Chris396]

It always makes me wonder what kind of person buys a brand new and never ever drives it. 30 years later it's cool, but you have to wonder about the original owner. Were they insane, eccentric, or just a little weird?

[SS427]

Lets see.....purchase price approximately $4200, selling today at $200,000. $6000 per year profit...........I quess that makes him a smart invester.

Personally I could not own a car like that and not drive it. http://www.yenko.net/ubb/smilies/images/icons/laugh.gif

[Steve Shauger]

I was not aware the car sold at $200K, also the original owner is not the present owner. I doubt original owner received even close to that amount when he sold it.

[Stefano]

Speaking of GNX's.We sold one of the two we recieved at Bauer Buick, for $55,000 back in 1987-88. That was quite a large sum for a Buick back then!

[JEFF GHILANI]

I am replying to clear up any confussion regarding this 24 mile LS6 Chevelle. I am probably the last person to have seen the car in person besides the current owner. I went to see the car about 6 months ago. My opinion can be relied upon with great confidence since I am a very avid student of the '70 LS6 Chevelle. My strengths in this field center around correctness and originality down to details that most people regard as ridiculous.
About the car, it is undoubtedly the very best low mileage LS6 in the world. From the limited amount of time I spent examining the car, I could see that it is surprisingly untouched and unfluffed. Very abnormal for a car like this. The paint is very nice and fully original. The engine compartment and interior have to be seen to be appreciated; they are incredible. They have the minor imperfections that one would expect from a car that was built in a few hours. The smog system is indeed missing right now, but I laugh at anybody who criticizes the car for this. Its not like there is any other LS6 to compete with this car. The proper smog parts (NOS and early take-off) are all that is needed to make the car complete. I have seen Bill Bonham's car several times in person and I love it. But the 24 mile car is brand new. If I had the money, I would buy it and never sell it. Not because I think it's the best investment in the world, but because it is the best Chevelle in the world. There has been talk of the possibility that someone in the past drove the car a little with the speedo cable disconnected. I knew this when I went to see the car and all I can say is that it is possible, but it would have to have been very very minimal. Everything is still brand new. The owner keeps it clean and properly stored and is an avid low mileage car collector who is excellent at the art of recognizing the difference between low mileage and restoration.
Another neat thing about the car is the very rare General 700 tires that it came with. Most Chevelle "experts" don't even know about these tires. There is no criticizing a car like this. It is truly one of a kind and should only be bought by someone who can appreciate it for what it is and leave it untouched.

[SuperCars]

Sounds like an awesome car that deserves the recognition. But my personal opinion is that I'd rather spend the $200K to buy a "best there is" LS6 Convertible, and then buy another "top quality" LS6 Hardtop with the left-over change from the $200K. Again, this is only my opinion.

[YENKO DEUCE REGISTRY]

SS427;
I would rather have invested the $4,200 in a semi-agressive mutual fund!! I haven't done a FV-calc in a while, but per my calc, that $4,200 invested at 12% for the 32years compounded monthly would be worth approx. $191,715 today.

NWYENKO please check my calc, but I bet that $# is higher than what this car will sell for.
M

[SS427]

Marlin,
Just trying to make a positive out of a negative. But hey, I was close. http://www.yenko.net/ubb/smilies/images/icons/smile.gif

[Chris396]

I think everybody who bought one of those Anniversary Corvettes had the same idea. http://www.yenko.net/ubb/smilies/images/icons/smile.gif Every GNX seems to have less than 5,000 miles too.

[NWYENKO]

Marlin, I get something closer to 157k. However that "semi aggressive mutual fund" would probably be down 20-30%+ in the last 2 years!! This car has probably outperformed the market at least in the last 2 or 3 years. Side note: I upped the total timing in the Deuce to 38degrees and it runs a LOT better!! Jim

[MikeA]

NWYENKO or Marlin,

Do either one of you guys want to manage my 401k? http://www.yenko.net/ubb/smilies/images/icons/smile.gif

Mike

[NWYENKO]

MikeA, I rec'd my early training from Arthur Andersen & Co. Are you still interested? LOL!!! Actually I would be in my 30th year there had I stayed. Wow am I glad I left!!! Jim

[Stefano]

What about incurred expenses, such as maintenance,insurance,utilities and storage?


[Edited by Stefano (02-15-2002 at 06:59 PM).]

[YENKO DEUCE REGISTRY]

Jim;
Got your email, your $157k is with annual compounding, and my $191k is with monthly compounding - quite a difference; $33.8k!!

This type of 'investment' discussion arises quite frequently when I talk with Yenko Deuce guys, many of them saying that the orig. purchase is a great investment since the cars have gone up in value. As you can see, the money spent on a '70 Yenko Deuce (or any other muscle car from that era) with a minimum purchase price of $4,395 would be worth approx. $200,616 today using the previous parameters.

So, the real ROI is the enjoyment and experience of driving and racing one of these cars for all of those years.

Personally, I wouldn't want to be the one with a 24 mile car that I never enjoyed. That just reduces it to real dollars, and unless you get ~~$175k-$200k for this car, you have lost money!!

Just an accountants $.02 http://www.yenko.net/ubb/smilies/images/icons/smile.gif
M

[Edited by YENKO DEUCE REGISTRY (02-15-2002 at 12:54 PM).]

[YENKO DEUCE REGISTRY]

Stefano;
I'm not sure what you're asking, what about the expenses? If you add them into the equation, you would have to receive more than the FV of the initial price in order to break even.
M

[Stefano]

It just seems all to Common to Compare these Super Cars to 'investments'without taking into account all the associated expenses.

[Belair62]

Stefano,if you are married you must also realize that there are no other expenses.In fact the cars are free !

[Stefano]

Married with three wonderfull Children, and more expenses than I care to add up http://www.yenko.net/ubb/smilies/images/icons/smile.gif

[COPO427]

Ya sure, someone's going to drop that kind of cash. Does it come with a real Playboy Centerfold?