How Does This Chrysler Cost More Than Two Lamborghini Huracans?

For Sale

This Chrysler is much less common than most Lamborghini cars.

What comes to mind when you think of cars that cost over half of a million dollars? Ferrari, Lamborghini, Porsche perhaps? You probably wouldn't say Chrysler. Even a fully loaded 300 doesn't run more than around the mid-$40,000 range. Clearly, any Chrysler model that is anywhere near six-figures would have to be a pretty old one. We love to browse the internet looking for strange cars, and we recently stumbled upon a 1931 Chrysler CG Imperial Convertible. This might be the most expensive Chrysler we have ever seen.

The car is currently being sold by Crevier Classic Cars in Costa Mesa, California. The asking price for the car is $550,000. You may be wondering how any Chrysler could possibly be worth so much, but wait until you hear about this Imperial. The car has had three owners, one of which looked after the car for 70 years. The car is one of six built by Waterhouse and is one of only three that still exist. Back in the 1920s and 1930s, car manufacturers built a chassis with an engine which was sent off to a coachbuilder for bodywork. Waterhouse was founded in 1928 and only six of its bodies were believed to have been mated to Imperials.

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This particular Imperial was built on June 15, 1931. Its ownership can be traced back to 1939 when it was purchased by a Mr.Calvin Collins in New York. The Collins family enjoyed the car for several years, but almost lost it during World War II. The government needed metal to produce tanks and planes, and cars were taken and scraped to support the war. Luckily, this Imperial survived. In 2009, a Canadian car collector took ownership and spent over 6,000 hours restoring the car with his son. The car is now finished in its original black color with a caramel coach line with a matching caramel interior.

The Imperial is powered by a 384-cubic inch straight-eight producing 125 horsepower via a four-speed manual transmission. It is truly staggering to think about the circumstances of how this car has survived more than 80 years. Spending over half a million dollars on a Chrysler may seem insane, but we think that the story alone on this Imperial adds at least $100,000 to its price tag.

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