<p>Filed under: <a href="http://www.autoblog.com/category/coupes/" rel="tag">Coupe</a>, <a href="http://www.autoblog.com/category/sports/" rel="tag">Performance</a>, <a href="http://www.autoblog.com/category/auction-action/" rel="tag">Auctions</a>, <a href="http://www.autoblog.com/category/ford/" rel="tag">Ford</a>, <a href="http://www.autoblog.com/category/luxury/" rel="tag">Luxury</a></p><div style="text-align: left;"><strong><small><a href="http://www.autoblog.com/gallery/first-drive-iacocca-silver-45th-anniversary-edition-mustang"><img vspace="4" hspace="4" border="1" alt="" src="http://www.blogcdn.com/www.autoblog.com/media/2009/10/iacoccamustangfd_05_opt-1255241346.jpg" /></a><br />
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<div style="text-align: center;"><em><strong><small>2009 1/2 Iacocca 45th Anniversary Edition Ford Mustang </small><small>- Click above for high-res image gallery</small></strong></em></div>
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It looks like the top-shelf, one-off 550-hp engine upgrade for that new <a href="http://www.autoblog.com/2009/10/06/exclusive-drive-iacocca-45th-anniversary-edition-ford-mustang-i/">Iacocca Mustang</a> is worth about $362,000, at least to one buyer. The fifth of just 45 <a href="http://www.autoblog.com/2009/06/22/iacocca-silver-45th-anniversary-edition-ford-mustang-introduced/">2009 1/2 Iacocca 45th Anniversary Edition Ford Mustangs</a> to be made crossed the block on Saturday at the <a href="http://www.barrett-jackson.com/events/lasvegas/default.asp">Barrett-Jackson auction in Las Vegas</a> with a winning bid of $320,000. After fees, the car's final selling price was a whopping $352,000. That's well above the <a href="http://www.autoblog.com/2009/09/23/pony-up-iacocca-mustang-priced-from-89-950/">$89,950</a> MSRP of the other 44 limited-edition, coachbuilt specials. We just wrote about the Iacocca 'Stang and said that the car's exclusive dealer, Galpin Motors of California, would offer engine upgrades for an undisclosed premium. We seriously doubt that the actual surcharge will come anywhere close to the premium secured on the Barrett-Jackson car.<br />
<br />
So what made this particular Iacocca attractive enough to bring such a lofty price? Well, for one, it had that upgraded, supercharged 550-horsepower engine. Another reason this one sold for a price nearly four times higher than the base model was that it was sold at auction, with the bidders getting whipped into a typical Barrett-Jackson feeding frenzy. Finally, it was in Las Vegas, a city where fiscal responsibility takes a backseat to, well, pretty much everything. While we love the custom composite coachwork on this special fastback Mustang, and acknowledge that this one is unique with its supercharged engine, that price just seems completely insane. The Iacocca topped many impressive other rides that were up for grabs; follow the jump to read more results. Apparently, everything that happens in Vegas doesn't always stay in Vegas.<br />
<br />
<br />
<div class="postgallery"><p><strong>Gallery: <a href="http://www.autoblog.com/photos/first-drive-iacocca-silver-45th-anniversary-edition-mustang/low/">First Drive: Iacocca Silver 45th Anniversary Edition Mustang</a></strong></p><a href="http://www.autoblog.com/photos/first-drive-iacocca-silver-45th-anniversary-edition-mustang/low/"><img src="http://www.blogcdn.com/www.autoblog.com/media/2009/10/iacoccamustangfd_05_thumbnail.jpg" alt="" title="" /></a><a href="http://www.autoblog.com/photos/first-drive-iacocca-silver-45th-anniversary-edition-mustang/low/"><img src="http://www.blogcdn.com/www.autoblog.com/media/2009/10/iacoccamustangfd_06_thumbnail.jpg" alt="" title="" /></a><a href="http://www.autoblog.com/photos/first-drive-iacocca-silver-45th-anniversary-edition-mustang/low/"><img src="http://www.blogcdn.com/www.autoblog.com/media/2009/10/iacoccamustangfd_07_thumbnail.jpg" alt="" title="" /></a><a href="http://www.autoblog.com/photos/first-drive-iacocca-silver-45th-anniversary-edition-mustang/low/"><img src="http://www.blogcdn.com/www.autoblog.com/media/2009/10/iacoccamustangfd_08_thumbnail.jpg" alt="" title="" /></a><a href="http://www.autoblog.com/photos/first-drive-iacocca-silver-45th-anniversary-edition-mustang/low/"><img src="http://www.blogcdn.com/www.autoblog.com/media/2009/10/iacoccamustangfd_09_thumbnail.jpg" alt="" title="" /></a></div><br />
<em><strong><small>Photos copyright (C)2009 <a href="http://www.drewphillipsphotography.com/">Drew Phillips</a>/Weblogs, Inc.</small></strong></em><p><a href="http://www.autoblog.com/2009/10/11/shelby-tops-iacocca-at-barrett-jackson-las-vegas/" rel="bookmark">Continue reading <em>Shelby tops Iacocca at Barrett-Jackson Las Vegas</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2009/10/11/shelby-tops-iacocca-at-barrett-jackson-las-vegas/">Shelby tops Iacocca at Barrett-Jackson Las Vegas</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Sun, 11 Oct 2009 13:31:00 EST. Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2009/10/11/shelby-tops-iacocca-at-barrett-jackson-las-vegas/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.autoblog.com/forward/19191791/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.autoblog.com/2009/10/11/shelby-tops-iacocca-at-barrett-jackson-las-vegas/#comments" title="View reader comments on this entry">Comments</a>
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</small></strong></div>
<div style="text-align: center;"><em><strong><small>2009 1/2 Iacocca 45th Anniversary Edition Ford Mustang </small><small>- Click above for high-res image gallery</small></strong></em></div>
<br />
It looks like the top-shelf, one-off 550-hp engine upgrade for that new <a href="http://www.autoblog.com/2009/10/06/exclusive-drive-iacocca-45th-anniversary-edition-ford-mustang-i/">Iacocca Mustang</a> is worth about $362,000, at least to one buyer. The fifth of just 45 <a href="http://www.autoblog.com/2009/06/22/iacocca-silver-45th-anniversary-edition-ford-mustang-introduced/">2009 1/2 Iacocca 45th Anniversary Edition Ford Mustangs</a> to be made crossed the block on Saturday at the <a href="http://www.barrett-jackson.com/events/lasvegas/default.asp">Barrett-Jackson auction in Las Vegas</a> with a winning bid of $320,000. After fees, the car's final selling price was a whopping $352,000. That's well above the <a href="http://www.autoblog.com/2009/09/23/pony-up-iacocca-mustang-priced-from-89-950/">$89,950</a> MSRP of the other 44 limited-edition, coachbuilt specials. We just wrote about the Iacocca 'Stang and said that the car's exclusive dealer, Galpin Motors of California, would offer engine upgrades for an undisclosed premium. We seriously doubt that the actual surcharge will come anywhere close to the premium secured on the Barrett-Jackson car.<br />
<br />
So what made this particular Iacocca attractive enough to bring such a lofty price? Well, for one, it had that upgraded, supercharged 550-horsepower engine. Another reason this one sold for a price nearly four times higher than the base model was that it was sold at auction, with the bidders getting whipped into a typical Barrett-Jackson feeding frenzy. Finally, it was in Las Vegas, a city where fiscal responsibility takes a backseat to, well, pretty much everything. While we love the custom composite coachwork on this special fastback Mustang, and acknowledge that this one is unique with its supercharged engine, that price just seems completely insane. The Iacocca topped many impressive other rides that were up for grabs; follow the jump to read more results. Apparently, everything that happens in Vegas doesn't always stay in Vegas.<br />
<br />
<br />
<div class="postgallery"><p><strong>Gallery: <a href="http://www.autoblog.com/photos/first-drive-iacocca-silver-45th-anniversary-edition-mustang/low/">First Drive: Iacocca Silver 45th Anniversary Edition Mustang</a></strong></p><a href="http://www.autoblog.com/photos/first-drive-iacocca-silver-45th-anniversary-edition-mustang/low/"><img src="http://www.blogcdn.com/www.autoblog.com/media/2009/10/iacoccamustangfd_05_thumbnail.jpg" alt="" title="" /></a><a href="http://www.autoblog.com/photos/first-drive-iacocca-silver-45th-anniversary-edition-mustang/low/"><img src="http://www.blogcdn.com/www.autoblog.com/media/2009/10/iacoccamustangfd_06_thumbnail.jpg" alt="" title="" /></a><a href="http://www.autoblog.com/photos/first-drive-iacocca-silver-45th-anniversary-edition-mustang/low/"><img src="http://www.blogcdn.com/www.autoblog.com/media/2009/10/iacoccamustangfd_07_thumbnail.jpg" alt="" title="" /></a><a href="http://www.autoblog.com/photos/first-drive-iacocca-silver-45th-anniversary-edition-mustang/low/"><img src="http://www.blogcdn.com/www.autoblog.com/media/2009/10/iacoccamustangfd_08_thumbnail.jpg" alt="" title="" /></a><a href="http://www.autoblog.com/photos/first-drive-iacocca-silver-45th-anniversary-edition-mustang/low/"><img src="http://www.blogcdn.com/www.autoblog.com/media/2009/10/iacoccamustangfd_09_thumbnail.jpg" alt="" title="" /></a></div><br />
<em><strong><small>Photos copyright (C)2009 <a href="http://www.drewphillipsphotography.com/">Drew Phillips</a>/Weblogs, Inc.</small></strong></em><p><a href="http://www.autoblog.com/2009/10/11/shelby-tops-iacocca-at-barrett-jackson-las-vegas/" rel="bookmark">Continue reading <em>Shelby tops Iacocca at Barrett-Jackson Las Vegas</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2009/10/11/shelby-tops-iacocca-at-barrett-jackson-las-vegas/">Shelby tops Iacocca at Barrett-Jackson Las Vegas</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Sun, 11 Oct 2009 13:31:00 EST. Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2009/10/11/shelby-tops-iacocca-at-barrett-jackson-las-vegas/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.autoblog.com/forward/19191791/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.autoblog.com/2009/10/11/shelby-tops-iacocca-at-barrett-jackson-las-vegas/#comments" title="View reader comments on this entry">Comments</a>
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