Truppi-Kling Chevelle Drag Racer Depreciates $1 Million In 3 Years, New Owner Gets Screamin' Deal

You need nerves like bridge cables to play the muscle car auction game, as exemplified by the crazy ups and downs of the famous Truppi-King Chevelle SS 454 convertible.

Back in 1970, Ralph Truppi and Tommy Kling built an LS6-equipped Chevelle convertible into a machine that utterly dominated the SS/EA class that season. After that, the car knocked around the country in your typical famous-race-car odyssey, eventually getting restored back to street-legal trim and selling for $1.2 million at Barrett-Jackson in 2006. Last month, the same car fetched... $264,000 at auction. What will it be worth when the Financiopocalypse is over?
[New York Times]