Did anyone notice how expensive 67 to 71 Mopar mucscle cars have gotten?

[Triplegreen500]

I'm the same way with my Charger. I got a decent deal on it, and I love driving it. But it is comforting, seeing the ridiculous trajectory the prices are on these days, to know that if I needed (like, NEEDED) serious cash, I have a second gen Charger and could sell it pretty much whenever I need to.

But that would have to be a BIG need, and would come after liquidating as much other stuff as possible first.

I didn't buy it to sell, but knowing that if I had to, I won't lose money...is a good feeling. Meantime, I'm just drivin' it and enjoyin' it! (same with all my cars and motorcycles - drive/ride, smile, repeat).

 

[68BabyBlue]

I never bought any of mine with the intent of selling them, but it sure made my wife feel better when she saw what I pocketed when thinning the herd over the last two years. She never blinked when I wrote the check for the current occupant.

 

[SlingLow]

I'll never recover what I putting into this 67 Satellite 383 4-speed now, but it's what I want so,.... so be it. It's never been about the investment for me anyway.

None of mine are investments, but it's nice to know that I can get the money I put into them back out of them if I needed to. You never get your time and labor back out of them, we do that for the love of the cars. When I got into this in the late seventies these were a losing proposition, the thought of ever making a profit on them would get you a stay in an institution!

For 20+ years I flipped houses (among other things) for a living. I'm mostly retired now and have bought six 60's classics in the last 2 years. When my wife raised her eyebrows (propably about the 3rd) I told her I'm flipping cars now. Se told me, 'but you haven't sold any yet', I told her, 'We're in the appreciation period. You can't buy an asset and sell it the next day for a profit. You have to wait for it to appreciate. Meanwhile I'll tinker on them and improve them. And drive them which I appreciate'. Anyway, who wants to die with a pile of unused cash? You need to find a balance.

I can probably get most of my money back but that isn't the driving factor (pun intended). I wouldn't have spent it if I needed it for something else.

 

[Bold & Old]

All my past cars that I built...... I took the second creator and the mechanic where ever I drove.....

My passion of doing & creating inspired me not by the cost or projected value.....

I may get the car completed (a dream) but its not the entire goal..... the car now is keeping me alive with a maby........ function will follow if its to be.

Passion & knowledge and health.

its only money.

Long live the dream in all of us seeking the same!

 

[Black_Sheep]

So glad I got my GTX back when I did, it would be unaffordable for me in today’s market…

This is what $1,750.00 could buy in 1982

 

[matchek]

We all kick ourselves for not buying a $5,000 Hemi car in 1970. $5,000 Invested in the S&P 500 in 1970 would be 1 million today.

I know you can't drive your S&P Investment but cars are pretty risky. There are a whole lot of $5,000 cars in 1970 that aren't worth chit today. Thank God we are lucky we chose the right ones. I feel lucky I bought a pretty good '69 Charger SE for $22K about 10 years ago. We bought our 1971 Challenger about 15 years ago for $5,000 but with everything we have about $22K in it too.

$5,000 invested in the S&P would be $265,000 excluding dividends. With dividends a lot more. Yeah I was not thinking about going back to 1970, I was referring back to maybe the last 5 (mostly) to 15 years or so max. If you are going to hold cash for 50 years, yeah the market is way better.