The car pictured sold at Dana Mecum’s Arlington Premier Auction in Arlington, Illinois on November 7, 1998 at no reserve, bringing $23,625, including buyer’s commission.

Estimated at $30-35,000, a value that even at this level is probably less than half what’s invested in it, this is typical of the re-sale performance of hot rods. The money spent on building one is about the only thing “going down in flames” today.

This 1949 Mercury Lead Sled Review and Buyer's Guide appeared in the February, 1999 Issue of Sports Car Market Magazine.