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Hardcore Pawn Selling Lee Iococca Mustang

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Old 06-12-2012, 03:08 PM
  #11  
jdmcbride
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#5 out of 45 sold for $352k at Barrett-Jackson back in 2009.

So yea, the guy that sold it to the pawn shop for $70k got ripped off!!!
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Old 06-12-2012, 03:13 PM
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Order_66
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Originally Posted by jdmcbride
#5 out of 45 sold for $352k at Barrett-Jackson back in 2009.

So yea, the guy that sold it to the pawn shop for $70k got ripped off!!!
WOW. no kiddin huh...352K. thats amazing.

are there any upgrades other than the appearance and badging? it says on that website it has 360 HP. So, basically a Stock 2009 GT? Why wouldnt they supercharge it? i thought they were, but then 360 HP would be a low number.
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Old 06-12-2012, 04:07 PM
  #13  
2005Redfire6
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Originally Posted by Order_66
i think so, and from what i remember they gave the guy around $70k. I think he won it at a casino in Detroit.

He could have gotten much more if he sold it privately. Why anyone would sell a car like that to a pawn broker is beyond me. They tried to make $100K profit on it. Thats a little optimistic as they found out...apparently 135K is too much. I figured they would ask $90K for it. Had no idea it would command a 6 figure payout...

says it has 360 HP...isnt that thing supercharged though?
+1 he did win it and I know they got it for fairly cheap compared to what they are selling it for. I am pretty sure there was only like 50 made, I may be wrong though.
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Old 06-12-2012, 05:13 PM
  #14  
05SatinSilverGT
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Originally Posted by 2005Redfire6
+1 he did win it and I know they got it for fairly cheap compared to what they are selling it for. I am pretty sure there was only like 50 made, I may be wrong though.
45, for the 45th anniversary.
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Old 06-12-2012, 06:15 PM
  #15  
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I love the way the back end looks on those cars. Too bad that car costs more than my mortgage.
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Old 06-12-2012, 06:44 PM
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They'll probably get it. One of THE rarest of Mustangs.
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Old 06-12-2012, 06:54 PM
  #17  
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Originally Posted by Goldenpony
They'll probably get it. One of THE rarest of Mustangs.
No kidding.

50 years from now people will be dropping a mil or more for a mint condition one.
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Old 06-12-2012, 07:06 PM
  #18  
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It is pretty but I would take a 2013 GT500 and keep the remaining $80K in my pocket. That is just a stupid price for a Mustang.
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Old 06-12-2012, 07:36 PM
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Originally Posted by jcieutat
It is pretty but I would take a 2013 GT500 and keep the remaining $80K in my pocket. That is just a stupid price for a Mustang.
Ha, I'd take the Iaccoca, sell it, buy 1 brand new GT500 and one brand new Super Snake, then mod them and buy a plane.
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Old 06-12-2012, 07:37 PM
  #20  
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The guy that won it probably couldn't pay the taxes, so he hocked it.
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