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Chargers for sale by crack addicts

IMO, Just ridiculous what some people want.... are what some others seem willing to... and DO Pay.... for rusted hulks requiring complete restorations..... a complete disconnect from what can be had already done/finished and For Sale in the marketplace.
I mean I get that these are 'asking' prices ?
But lots are selling....and DO SELL for even $10K to $15K that require $60-$70-$80K in restoration ???
While at the same time.... I've seen some really good examples get passed on that are in the $45K to $55K range.... sometimes even with numbers/features the wrecks will never have ?
RIDICULOUS !
 
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Not everyone has 40 to 60 grand to spend on a hobby car,but they can get in the game at 10 to 20 grand. If not for AMD making the sheetmetal to save these project cars,they would never bring the asking prices they are,and most would have been scrapped as parts cars. I parted out about 100 rusty New England Mopars,mostly second generation Chargers,because there was no available replacement sheetmetal,now I save them,unless there's nothing left to weld too!
 
Challenger340 said:
IMO, Just ridiculous what some people want.... are what some others seem willing to... and DO Pay.... for rusted hulks requiring complete restorations..... a complete disconnect from what can be had already done/finished and For Sale in the marketplace.
I mean I get that these are 'asking' prices ?
But lots are selling....and DO SELL for even $10K to $15K that require $60-$70-$80K in restoration ???
While at the same time.... I've seen some really good examples get passed on that are in the $45K to $55K range.... sometimes even with numbers/features the wrecks will never have ?
RIDICULOUS !
Click to expand...

I think some of the pricing is not longer based on what the car is actually worth but rather what others sell for or the perceived value at some point thus many of them are being purchased by flippers, others by people who think they can "fix it up" and make big money, etc. This is why you see the pricing for the cars needing work going crazy but the done cars are relatively stable (albeit still high). A big part of this is the economy, when people have more liquid assets they tend to buy toys and there is not many bigger toys than a classic car and the 2nd gen Charger is probably one of the most iconic muscle cars out there. Unfortunately, this means that true and long term Mopar fans are priced out generally. I wanted a Charger in my "collection" (already have 2 E, 1 B and 1 A), specifically I wanted a 70 as it is my favorite out of the breed, unfortunately I could not find anything that I could afford since I was looking for a builder. We had one roller project car locally that the guy wanted $10K for... Ultimately I bought a 71 and got a screaming deal. After some thought and really looking at the 3rd Gen Chargers I determined that I really do like them after having discounted them for a long time.

Bottom line is that if you want to play you have to pay. This situation is good if you have one and sucks if you don't (and want one). As we all know, anytime there is money to be made the crazies' come out.
 
chargervert said:
I parted out about 100 rusty New England Mopars,mostly second generation Chargers,because there was no available replacement sheetmetal
Click to expand...
Thanks a lot Pete..:hifu: :lol:
upload_2020-11-2_11-47-51.jpeg
 
The only way to build these cars in the early 80s was to was to part other ones out. There was no aftermarket parts for them, and nothing was available from Mopar. I had a friend who worked in a dealership in 1983,do a parts search for all the parts that I needed to restore my 70 Charger R/T SE and I got one R/T door scoop,for $83.00 it had a hand written note on it,saying last one do not return! Chrysler had scrapped most of the new old stock stuff during the bankruptcy, so nothing was available to save these cars. The aftermarket finally stepped up and started making decent parts in the very late 90s,early 2000s.
 
Just my opinion.... but if you can't 'afford' a done/finished/still fine survivor example at $50K to $60K, on a bank loan at basically DONUT interest these days......
you most certainly can NOT "afford" ....
to Pay $15K to $20K for a rusted hulk that will require many many $10's of thousands over the $50K-$60K for the many years.... far above the Bank interest on $50K-$60K over the same period ?
let be for a minute:
* the COSTS to Store the hulk,
* or a space to work on it and store the dis-assembled parts,
* or hire out anything that can't be done yourself,
* or pay RETAIL for most all parts that will be needed in the resto

Just say'in.... and in my opinion only... that is the poorest of financial decisions one could ever possibly make in a long term planning ?
 
Challenger340 said:
Just my opinion.... but if you can't 'afford' a done/finished/still fine survivor example at $50K to $60K, on a bank loan at basically DONUT interest these days......
you most certainly can NOT "afford" ....
to Pay $15K to $20K for a rusted hulk that will require many many $10's of thousands over the $50K-$60K for the many years.... far above the Bank interest on $50K-$60K over the same period ?
let be for a minute:
* the COSTS to Store the hulk,
* or a space to work on it and store the dis-assembled parts,
* or hire out anything that can't be done yourself,
* or pay RETAIL for most all parts that will be needed in the resto

Just say'in.... and in my opinion only... that is the poorest of financial decisions one could ever possibly make in a long term planning ?
Click to expand...

This is the "hook" that is keeping sales figures high, people are paying far too much for too little car in the hopes that it is going to yield a huge return on the investment. We have all seen it and some probably have done it; paid far too much for a roller (perhaps a rusty one), then dumped piles of money into them only to figure out they were upside down financially rather quickly. You see those posts pop up here and elsewhere all the time asking "WIW" and "how much should I invest".... etc. As far as I am concerned this situation is a double edged sword for the hobby; while it does result in more cars being saved and subsequently it pushes industry to manufacture parts it also raises the prices to unaffordable levels for the majority for all types of examples ranging from done cars, survivors, restorations, restomods, etc. As the saying goes, "Money is the root of all evil" and that is certainly true in the car hobby, specifically the Mopar hobby. Everyone with any kind of performance model of the era (meaning 2 door that was offered with any type of performance options) now wants $5-$15K for a roller depending on model. Many people do not know or understand that to build the car into really anything safe or reliable enough to drive is going to cost at a very minimum another $20K (this is running and driving only, doesn't include alot of anything else); but that car is not worth $30K+, its not worth much more than was paid for the roller, so it needs another $20-30K to make nice but even then is not worth usually $60K, perhaps $40K or so (of course depending on the model and build).

Point here, don't get into this hobby for the money, do it because you love the car/s and remember it is a hobby. Sure you can make money in this game, but it far more likely you will not if you are doing things honestly other than just flipping them in which case you might make some if you can find some deals, but they are getting harder to come by.
 
Most ways I totally agree, but the sale of a vehicle restored has to come from a base of what you have in it. There are a lot of variables, most of guys are do it yourself guys so it helps. Are nice unrestored cars worth more? Most would agree yes.. it’s a slippery slope when you get investment grade and dealers thrown into the mix and then everyone wants to make a bunch of cash and most haven’t lifted the finger that did the initial work... imo
 
F4R/T said:
. Are nice unrestored cars worth more? Most would agree yes..
Click to expand...

I agree.... especially when all documentation/service history/Fender Tag/B-Sheet, Numbers Matching Drivetrain, VIN's, etc., etc., and provenance/history is present right back to brand new and original ownership is present ?
That said..... you may be amazed at how many merely believe that's merely a "nice to have" and add NO premium to pricing whatsoever !
Been there.... seen that !
 
All original is nice, until you park it next to a proper fresh restoration with a $40k paint and panel fit body job, with all new chrome and interior. Chargers are like superbirds now, crazy money for all original cars that really need paint, interior, gauges redone, and a complete mechanical refresh. But to each his own, not a lot of buyers at 75k plus, so you better want the car.
 
4406bbl said:
All original is nice, until you park it next to a proper fresh restoration with a $40k paint and panel fit body job, with all new chrome and interior. Chargers are like superbirds now, crazy money for all original cars that really need paint, interior, gauges redone, and a complete mechanical refresh. But to each his own, not a lot of buyers at 75k plus, so you better want the car.
Click to expand...

I can park this one beside those high dollar 'restored' pieces you speak of..... and I have many times ? and every time I have there invariably comes that moment when....
"Oh ... is THAT how it's supposed to be ? .... oops"
and the rubbers/ fit & finish is excellent after being parked in a garage for almost 40 years
https://www.forbbodiesonly.com/moparforum/showcase/1969-dodge-charger-r-t-se.5480/
 
Strike #1 the color....be prepared for every dumbass question about the Dukes
Strike #2 under the hood is a disaster from the Chevy black to it just being a disaster under there
Strike #3 small block car
 
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$30,300 18 bids, looks like reserve was met. As RC said about restoration no way. Hate "frame off restoration" dumb. Anyone think another $30,000 will make it nice? Only way is if a talented guy does the work himself.
 
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