A junky 1959 Chevrolet Impala without an engine just sold for $88,500, but why was it worth so much?
Next time you see a battered old Chevy in someone’s garden, you might want to take a closer look.
A 1959 Chevrolet Impala Convertible with a torn interior, torn roof and missing engine and transmission was sold at auction for $88,500.
It was part of a file Collection of more than 300 reciprocals The cars were owned by the owner of a towing company in Fort Collins, Colorado, who finally decided to sell them.
And she wasn’t the only Impala from that era that went through a shocking amount.
Another convertible in similar form to the 1959 sold for $65,500, while the 1959 hardtop that already had its engine, but didn’t work, went for $44,000. Several other people from 1959 to 1963 received bids of $30,000 or more.
Consider building a Chevrolet Over 72,000 Impalas convertible in 1959 alone, it’s not a particularly rare car, so prices may seem baffling, but there’s a good reason for it.
John Wiley, classic car lifestyle and Hagerty’s . Insurance Brand Director of Value Analytics, he told Fox News Digital that the first Impalas are highly regarded in the custom car scene.
Wiley said, “Impalas have long been seen as a major topic of personalization. It is likely that the buyer(s) of the Impala intend to restore or personalize them and have seen a positive side in taking these vehicles as projects.” .
Some have been restored to their original condition, like a $220,000 car that auctioned off in January, while others are getting the “restomod” treatment as their signature bodies are outfitted with a host of modern engines and components and can be worth more than $300,000.
Wiley also notes that a lot of them have been customized over the years, so much so that some builders prefer to start with an original car in rough shape that they can use as a model for their own idea.
“It doesn’t hurt that these cars are unfinished,” Willey said. “While rust-free body panels are useful, missing interiors and powertrains can be purchased or made.”
“Finally, this late-’50s and early ’60s Impalas, especially convertibles, appeal to such a wide range of enthusiasts that they have become one of the most desirable timeless cars in model history.”
Over 17 million Impalas were built across 10 generations from 1958 when it was launched as a Bel Air tire through 2020. When the name finally retiredThis makes it the best-selling Chevrolet ever.
Its 1965 sales total of 1,074,925 still stands as a one-year record for any vehicle sold in the United States.