2009 Lee Iacocca Mustang – Click above to view video after the jump

Lots of strange stuff shows up in pawn shops, but rarely does something as rare and valuable as a 2009 Ford Mustang Lee Iacocca pass through the crosshairs. The guys at American Jewelery and Loan, subject of the TruTV show Hardcore Pawn, recently had the opportunity to get their hands on car number 11.

We aren't sure what inspired the couple who owned the car to sell it to a pawn shop (they did win the car at a casino, however), but they came away with a cool $66,000. We shudder to think what American Jewelery and Loan will try to hock it for. Click past the jump to watch how the deal went down.

UPDATE: Eagle-eyed reader Brad B. has discovered that American Jewelry and Loan, the Detroit pawn shop that purchased the car, has listed the Iacocca Mustang for a cool $175,000 on their website.



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    • 1 Second Ago
  • 38 Comments
      ack154
      • 4 Years Ago
      Do people actually watch these shows?
        bobmarley
        • 4 Years Ago
        @ack154
        this show is stupid but there is another pawn show called Pawn Stars on the History channel that is pretty cool
          v6sonoma
          • 4 Years Ago
          @bobmarley
          Yeah Pawn Stars is cool. At least you learn about odd and interesting items. This show is the same one I could see by driving downtown and looking at the local thugs trying to pawn the nintendo they just stole off some kid.
      rstang42
      • 4 Years Ago
      The people wanted a quick buck. They sold it in April. What they could of done was get it cleaned up, then sent it to Barrett Jackson in June for the Orange County auction, probably getting well over 100K. But they screwed themselves. Took the 66 grand and went back to the casino.
      • 4 Years Ago
      [blocked]
      Blake
      • 4 Years Ago
      66 grand?? Holy crap, what a couple of suckers.
      reattadudes
      • 4 Years Ago
      an Iacocca Mustang on a U-Haul trailer. ugh. if you've ever seen one of these in person, it's beyond art.
      Hazdaz
      • 4 Years Ago
      The average person is such a terrible negotiator its rather embarrassing to watch.
      musikhut
      • 4 Years Ago
      1 of 45? The folks that sold the car are idiots! Pawn shops rarely give more than 30% of the actual value. I wouldn't doubt that it'll bring 3 times that at auction!
      JasonERF
      • 4 Years Ago
      OH MY..... If I knew someone who wanted to sell that Stang for 66k, I would buy it in a second! This Stang is so drool-worthy it's not even funny. The exterior lines are soooo clean. Interior is terrible but who cares!
      Brad Barnett
      • 4 Years Ago
      $175,000 http://www.americanjewelryonline.com/p-975-2009-ford-mustang-limited-edition-lee-iacocca-11-of-45.aspx
      Randy
      • 4 Years Ago
      66K? They got COMPLETELY hosed on that deal! They could have sold it at Barrett and got over 200K for it. They already sold one for more than that and this is the #1. WOW - Such a slot mentality!!!
        Randy
        • 4 Years Ago
        @Randy
        Oops, that's #11, not #1... My bad! Still, the car is worth more than that for someone that will store it and sell it in 20 years!
      soundbargaming
      • 4 Years Ago
      I know I wouldn't pay much for it. It looks gaudy and fit for a pawn shop.
        Mike K
        • 4 Years Ago
        @soundbargaming
        Completely custom body work, supercharged 3v 4.6L engine, custom rims, custom upholstery, custom EVERYTHING. Only internet trolls could hate on this car... Unreal.
      Johnny
      • 4 Years Ago
      You all do realize that Hardcore Pawn is fake..? Just like almost every other show on 'not' TruTV... Operation repo, southern fried stings, lizard lick towing, all worked up, rehab, ma's roadhouse, full trottle,... They are all fake...
        Brian Cleveland
        • 3 Years Ago
        @Johnny
        you don't realize that it would be way harder to make a fake show than to just film what real happens at a real pawn shop, fake they would have writers for everything said, all of the costumers would have to be actors and would have to be paid, they would have to rehearse and tape scenes over and over before they got them right, it would cost way more that just taping a real pawn shop like they really do.
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