It will be auctioned with Barrett-Jackson next weekend.
Update: The Yugo sold for $12,100. Are you surprised that it sold for $12,100? Continue reading to find out what the new owner got for this price.
The Yugo is undoubtedly the most hated car of all. However, it is important to love the oddballs and many of us at motor1.com do. This 1990 Yugo GVC Cabrio caught the attention of us because we don’t see them every day in a regular hatchback, let alone in a convertible.
It was also just in time for us to catch it. The car will be on the block at Barrett Jackson’s 2021 Houston auction. It is scheduled to take place from September 16 to September 18. That’s at the moment, as this article posted on September 17. If you’re a Yugo fan, and want a prime example, better go to Barrett-Jackson to register to bid.
This car looks like an example of the much-maligned 1980s economicobox. The odometer shows only 370 miles. Although it’s difficult to imagine someone buying a Yugo to store it as a collector car, it could happen. There were only 6,359 Yugos built in 1990. While we don’t know the exact number of convertibles sold, it is safe to assume that they are just a fraction. This car also features the larger 1.3-liter overhead-cam four-cylinder engine with five-speed manual transmission.
The Yugo in America was also ending in 1990. After a peak sales of almost 49,000 in 1987 and 1990, the Yugo’s sales had plummeted. However, 1990 was an important nail in its coffin. The Yugo would disappear completely from the US market in 1992 due to emissions issues and unrest in Yugoslavia. The NATO bombing of the old factory just a few years later was certainly not helpful.
Although the Yugo is not loved by many, it does have a small following. It is enough to increase the convertible’s value? It will be sold at no reserve and will find a new home before the weekend is out. We have witnessed the used car market get completely insane this year. This could be a sign that Yugo is also experiencing the same craziness.
Below, share your guesses about the final price. Once the auction ends, we’ll post an update to let you know how high it actually went.