Question For Selling Hemi Cars Value

[RacerRose]

I'd like to know what a value would be for selling a Hemi car that was in need of complete restoration. I know there are many different varieties of bodies which depends on what the value would be.

Let's just say the car would be a 1967 Coronet R/T Hemi car. A real deal 426 hemi car (WS23). The car is in need of complete restoration, but has many of the original parts, but some items would be missing. One you could call a "basket case". I know this is a rather vague question, I'm just looking for an ideal price for what someone would be willing to spend on such an investment.

I've seen these rare cars go for over $100,000 restored, and seen them go for as low as $40,000 unrestored, but in running condition.

What do you think? Any ideas will be appreciated.

 

[detmatt1]

With its original engine/trans, running or not, I would guess 12 to 15K. Without running gear, maybe 5 to 8K, just my two cents.

 

[TruBee]

About seven years ago I could've brought an original low mileage '69 R/T Hemi Charger for around 50k. This car needed nothing. I think the days of 100k cars, unless a Daytona or something similar are something you won't see for awhile. Bare in mind, people can ask whatever they want for a car. But that doesn't mean that it's worth that, or that the seller will get that price. My next project will be a '68 Hemi I know the values still remain to be found out there. Especially with the economy continuing to wane. Only things going up these days, are oil, gold, and the suicide rates.

 

[LandonE]

I think it all depends on what kind of resto you want to do, and also, since the car market took a hit, those previous 100k + cars aren't going for what they used to. Although, nows a good time to buy cars to enjoy, but bad for the selling market.

 

[696pack]

With its original engine/trans, running or not, I would guess 12 to 15K. Without running gear, maybe 5 to 8K, just my two cents.

The original Hemi engine oil pan to air cleaner in rebuildable condition is worth $12-15 by itself. Then the true numbered body is worth a minimum of $10K or more depending on it's condition if repairable. You have to remember there are Hemi specific parts on the body and the numbers alone are worth a great deal on there own.

The car in my signature is for sale if the original poster is interested.

 

[SirSixPack]

Numbers matching Mopars (hemi or not) are almost always worth more to the owners than the buyers.

Research cars similar to yours on EBay and look at completed listings and see which ones sold and for what price, and which ones did not sell for the inflated "buy it now" or "reserve" prices.

 

[TS5064]

ALL hemi cars are over priced. they think it's a piece of gold that they are selling. the question is what do you think it's worth to you to buy it. i for one will take my wedge motor over a hemi any day.

 

[696pack]

Numbers matching Mopars (hemi or not) are almost always worth more to the owners than the buyers.

Research cars similar to yours on EBay and look at completed listings and see which ones sold and for what price, and which ones did not sell for the inflated "buy it now" or "reserve" prices.

Just exactly how do you know what the reserve was if it was not reached?:bootyshake:

The facts are that there is a limited number of them around for sale at any given time and most people may WANT to sell but only if they can get what they want. If a buyer wants a particular car they are going to have to pay what a seller wants for it to pry it from his hands. If it doesn't reach the reserve then they keep it and you don't know what the reserve was. Most of the people that own these cars are not broke and don't HAVE to sell them.

 

[RacerRose]

I appreciate the feedback. Not trying to start a Hemi/Wedge debate. Yes, we know in the current economic state, NO cars are selling for what they had been selling for. But, I've seen "basket cases" needing put back together, let alone complete restoration fetch for a Hemi car around $20,000. So I was thinking close to detmatt1 had posted. I know ultimately, it all boils down to how much a buyer is willing to spend, and how much a seller is willing to take.

 

[SirSixPack]

Just exactly how do you know what the reserve was if it was not reached?

Point missed.

Maybe this will help:

http://cgi.ebay.com/ebaymotors/1968...1683243?pt=US_Cars_Trucks&hash=item1c1930592b

http://cgi.ebay.com/ebaymotors/1969...7221460?pt=US_Cars_Trucks&hash=item3364f6b354

 

[696pack]

Point missed.

Maybe this will help:

http://cgi.ebay.com/ebaymotors/1968...1683243?pt=US_Cars_Trucks&hash=item1c1930592b

http://cgi.ebay.com/ebaymotors/1969...7221460?pt=US_Cars_Trucks&hash=item3364f6b354

Sorry, but you still haven't made your point. Both cars have a reserve and neither one was reach so how do you think you are going to determine what the sellers reserve was? The Charger has a BIN price but the reserve is obviously SOMEWHERE between it and the high bid that did not reach the reserve.

Many people use Ebay as a marketing tool to reach buyers all over the world with little expectation that it will sell on Ebay. Buyers often contact the seller and make long term arrangements to make a personal inspection of the car and many are sold outside the auction.

The cars that you see over and over again on Ebay with no sale are often overpriced or something else is wrong with them that keeps them from selling. The Green Hemi car you used in the link is one of them as it has been for sale for well over a year by a dealer, but I have never investigated the car to see if it has a "problem" because I have no interest in it and would not due to the combination of the year, model and color combo.