“Ice Ice Baby” was one of the most popular songs of the 1990s, and the flashy music video notably showed Vanilla Ice driving his “5.0”, which he still owns. More than three decades later, Robert Van Winke, better known as Vanilla Ice, has the most 90s-tuned Fox Body Mustang you’ve ever seen.
Ice often got asked if he still owns the 5.0 from Ice Ice Baby. He’s had that car since new, but it was in pretty bad condition. A little while back, it underwent a 4-year full restoration that reportedly cost him $150,000.
The Mustang is not only restored but also fully modified in the style of 90s tuning. It’s got a two-tone red and white interior with Ice’s famous Cupid logos, holding a machine gun. The convertible also has a set of Fittipaldi wheels, and what appears to be a Saleen-style body kit with spoilers and a wing on the back.
The engine is also fully modified, and Mister Ice claims it makes 1100 horsepower. Without going into any detail, he hints that the 5.0-liter displacement isn’t accurate any longer, and that looks like a 1986-1993 Paxton supercharger kit on the side.
How much is Vanilla Ice’s car collection worth?
Our source, YouTuber DJ Vlad, claims the Mustang is worth $3 million, while the whole car collection costs $50 million. That seems exaggerated, but there are some truly expensive classics in there.
Also seen in the video is Dale Earnhardt Sr.’s first race car, nicknamed the “Saturday Night Special.” It’s a 1973 Petty-built Dodge Challenger that raced from ’74 into the late ’80s. This car, heavily featured in books and magazines, houses an illegal cheat function hidden by Earnhardt within a paperclip. Ice won the car at a Mecum Kissimmee auction in 2016 and today. We can’t find records of the auction results, but it was estimated at $40,000-$80,000. Ice says it’s worth $3 million.
The 90s rapper also owns the 1964 Cadilac Deville from the movie 48 Hrs, featuring Nick Nolte and Eddie Murphy, one of the best cop/detective movies of all time. The convertible is now fully restored and painted silver, not blue like in the movie.
Also part of his collection is a 1954 C1 Corvette which he says is “number 1.” That can’t be right; the first 1954 Corvette would have to be white, one of those Motorama prototypes. At least Vanilla is more conservative with his price estimate: $150,000.
The final jew of the Van Winkle collection is Dean Martin’s 1956 Continental which was lent to Elvis Presley when he was in Vegas. Very few people know what this even is. Continental was a separate division from Lincoln, and this would be a Mark II model.
It was hand-built, and designed to compete with the Rolls-Royce Silver Cloud. But again, there’s a… small exaggeration here. Ice says there are only 400 of these, but around 3,000 were made in 1956 and 1957. It really was the most expensive new car in 1956 with a retail price of $10,000, equivalent to over $110,000 today.
However, the average value of a Continental Mark II is $64,500 this year, and the all-time auction record was set by a custom model at $423,000. So Ice’s example can’t be worth $3 million like he claims.
