The first car Eminem bought after making it was sold by him for $28k 3 years later

  • The first car that Eminem invested in when he made it in the music industry might surprise you
  • One of the most popular muscle cars in history felt like the logical choice
  • It’s custom color made perfect sense, too

Published on Jun 03, 2024 at 8:28 PM (UTC+4)
by Amelia Jean Hershman-Jones

Last updated on Jun 04, 2024 at 4:18 PM (UTC+4)
Edited by Kate Bain

After making it big in the music industry, rapper Eminem made sure to invest in some wheels – and a Ford Mustang Convertible was the obvious choice of car.

Eminem, aka Marshall Mathers, had just dropped his second album, The Slim Shady LP, in 1999, with hits including the iconic track, My Name Is.

First introduced in 1964, the Ford Mustang Convertible was one of the most popular muscle cars in history.

READ MORE: Timeless! Inside Jay-Z’s epic multimillion-dollar watch collection

This fourth-generation Ford Mustang Convertible was at first red, but, inspired by one of his mentor, Dr. Dre’s hits, and the image on his album cover, he painted it purple and fitted chrome wheels.

While Dr. Dre is a fan of supercars, with his car collection including Rolls-Royce and Cadillac, Eminem opted for something far more down to Earth.

But this isn’t the only humble thing about Slim Shady, as the now multimillionaire recently shocked fans with what phone he still uses in 2024.

A brand-new Mustang Convertible with a 3.8-liter V6 at the time, would have cost $21,165.

It could run from 0-60 mph (0-96 km/h) in 8.5 seconds.

However, just three years later, and with less than 20,000 miles on the clock in 2002, Eminem put the Mustang up for auction on eBay.

It sold for $27,900, the proceeds of which he donated to charity.

Per Forbes, the rapper – who still lives in Rochester Hills, Michigan – is now worth $50M, and his home is so big it’s practically a town.

According to MoneyNation, he had a net worth of $3 million in 1999 – although that rose steeply over the following year.

Things are a lot different today, as Eminem’s multi-million dollar car collection shows he has a soft spot for two brands: Ferrari and Porsche, meaning he has a seriously expensive garage.

He’s far from the only rapper to have a bunch of cars, but he’s probably one of the few who has ever auctioned one off on eBay.

Still, each to their own.

Most of the money went to a good cause, at least.

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All Supercar Blondie contributors undergo editorial review and fact-checking to ensure accuracy and authority in automotive journalism. After gaining her BA Hons in French and English at the University of Nottingham, Amelia embarked on a vocational diploma from the National Council for the Training of Journalists (NCTJ). This led to numerous opportunities, from interning at Vogue to being on the small team that launched Women’s Health magazine in the UK, which was named the PPA Consumer magazine of the year for three years running. As Health, Beauty and Fitness editor, Amelia personally received a Johnson & Johnson Award and was shortlisted for both PPA and BSME titles. Since then, Amelia has created content for numerous titles and brands, including the Telegraph, 111 Skin, Waitrose, Red magazine, Stylist, and Elle, as well as being Head of Content at Vitality and Editor in Chief at INLondon magazine. “My superpower is translating technical jargon about the mechanical workings of a supercar into a relatable story you’ll want to share with your friends after you’ve read it.” After joining the SB Media family as a senior journalist in September of 2023, Amelia’s role has evolved to see her heading up the SEO output of the editorial team. From researching the most ‘Google-able’ key terms to producing evergreen content - it’s been a time of hard work, growth, and success for the editorial team and the Supercar Blondie website. “I like to think of myself as a ‘method journalist’. In other words: I live and breathe whatever I am writing about. When writing about fitness, I trained as a personal trainer, and as a beauty editor, I completed an ‘expert’ in scent diploma with the Fragrance Foundation. “During my tenure at Supercar Blondie, however, I did something I never thought possible: I passed my driving test at the age of 36. One day I’d love to train as a mechanic to better understand what happens under the hood, too. “My sweet spot is providing readers with a ‘takeaway’ (read: something new they didn’t know before) after reading every one of my stories. While I don’t claim to be an expert in the automotive world, I know the experts and bodies in the field to rely on to provide our readers with an informative and thought-provoking story every time they visit the site.”