Potential Purchase of the Week: 1961 Chrysler 300G Convertible

The internet is full of cars for purchase, some better than others. We've scoured sales and auctions sites and found one of the best cars up for purchase on the internet in the U.S. right now: a 1961 Chrysler 300G Convertible.

In 1955, Chrysler introduced the 300 in what would become the first in a series of Chrysler 300 Letter Cars. The 300 was inspired by Virgil Exner's Chrysler Idea Cars -- one of which was our Potential Purchase of the Week two weeks ago -- and the 300 here is a 1961 300G, the seventh in the series.

For the 1961 300G, Chrysler made several styling changes over the 300F, including reshaping the grille and lowering the taillights' position on the fin. This car is one of 338 300G convertibles produced, and was recently restored. It was painted Mardi Gras red, a correct color for the car and much more attractive than the correct pink that appeared on last week's Fiat 500 Giardiniera Jolly Potential Purchase of the Week. The convertible's interior was done with all-new old stock parts, making the car completely correct for a 300G. Since its restoration, it has been driven 994 miles.

Several years after Exner's Idea Cars were unveiled, Chrysler developed several newer and more powerful engines than the Idea Cars' 331-cubic-inch Hemi. The 300G was fitted with the 413-cubic-inch Wedge "long ram" or "short ram" V-8 introduced on the 1960 300F. This particular car is outfitted with the long ram V-8 that produced 375 horsepower and 495 pound-feet of torque. It delivers power through Chrysler's three-speed, push button, TorqueFlite automatic transmission.

Why would I want one?

One word: beauty. These cars are simply gorgeous, and exude elegance. With its slanted headlights flanking the trapezoidal grille and shapely tailfins, the 300G is undoubtedly one of the best of Chrysler's Letter Cars. And with under 400 300G convertibles ever produced, it's rather rare.

The cars rarity and beauty clearly shows in how collectible and valuable these cars have become. At RM Auctions' Automobiles of Amelia Island event in 2007, a 300G Convertible in similar condition sold for $198,000.

Click here to check out the 300G up for auction on eBay.

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