Question about the price of 340s

The other reason they did away with the 340/426 was for insurance reasons. The 71 340 was rated at 275 HP. 72 and 73 at 240 HP. Also HP rating on all cars went to rear wheel. Again because Insurance companies flexed their muscles! And now days you can buy a Demon rated at 857HP! Kinda makes the 426 Hemi look like a auxiliary kicker! Eh?