guy shoulda sold it for that money. That's REAL TALL money right now
I agree, that is tall money for the car in this market.
Many people don't believe that a desireable, rare, low numbers car like this will suffer in this type of market, because they seldom come up for sale simply because there are so few of them left. A true collector of really rare cars like this that may not be effected by this economy and will likely pay the required price when one of these cars comes up for sale, otherwise it may be several years before another one is offered up for sale. If the seller doesn't HAVE to sell it he will keep it rather than sell for a discounted price in a market like this.
With regards to the subject car when you look at it comparatively to other B body Hemi ragtops and other make cars that fall into a like territory such as a 1970 LS6 Chevelle ragtop or a 1971 GTO Judge Ram Air ragtop, this car would still be considered a bargain. These cars were close to $500K just a few years ago.
The 66-67 cars have always been under dogs compared to the 68-up B bodies and your correct the Chargers are even less desirable for those years, even though they built more Hemi B bodies in 1966 then any other year. You can argue that in 1969 the six pack cars robbed a lot of Hemi sales and in 1970 both the six packs and the E bodies robbed a lot of Hemi sales, but what about 1967 and 1968? So, we have to think that 1966 Hemi sales have a lot to say for the popularity of the Hemi equipped cars by comparison to all other Hemi B body production years. So, why are they under dogs in terms of current pricing compared to other year B bodies? Well, my personal feeling is that it is because they have no outward identifing equipment to give any kind of hint that they were performance cars. No stripes, no hood scoops, only the small 426 Hemi emblems. Even in 1967 on the R/T cars they only had the small back set louvered hood that were hard to see. At least the GTXs had a stripe option and the more visable hood scoops, and there sales show the difference it made between the two sister cars.
Something else that is worth noting, with the recent price hit the Hemi cars have taken, the 66-67 Hemi cars have taken far less of a hit than ANY other model and have actually held their prices much better than all of the others.
Yes, it was the first year for the street Hemi, but it was overshadowed by the 65 A990 race Hemi cars. they had PLANNED to build a 1966 SS package car but it never happened. Then with 67 the WO/RO cars the factory decided they needed to bring it back to something more identifiable with a street car and used a street Hemi in these cars and called it an SS package. Those cars were sinply street Hemis with a modified intake and larger carbs and actually should have run in a STOCK class as there was little difference from the street car unlike the seriously lightened 65 cars. Consequently, the 67 cars were not very competitive. Other than the factory hood scoop the 66 2 door sedan cars are a better car to race than the 67s.