Daytona Values

[Coronet440]

When I decided to purchase my car I started looking all over the internet to really determine a current market value. I just could not find many for sale to compare it against. In your opinions, what is a good price on a nicely restored Daytona in this current market and do you feel values will rise again in the future?? Thanks!!

[hemi68charger]

When I decided to purchase my car I started looking all over the internet to really determine a current market value. I just could not find many for sale to compare it against. In your opinions, what is a good price on a nicely restored Daytona in this current market and do you feel values will rise again in the future?? Thanks!!

You're sort of asking the wrong people. We're all pretty much jaded individuals. I've been trying to sell mine for nearly 3 years to get another one ( no longer the case now, my V2's a keeper ). There are very few people with the sort of money to buy Daytonas ( nice ones ) to begin with. Then, there are those that love Daytonas but don't have the money. Finally, there are very few of us that have both the money and desire to own one. Not sure what Daisy settled on for your Daytona, but I would be think it is safe to say it isn't what they initially wanted. The market hasn't fully recovered. There's no way in heck I'd let mine go for less than 140K. I did this last time get an offer for 130K but the person eventually bought another one. The economic law of Supply and Demand does play into this. But, not all the "supply" are in the same sort of condition, some people aren't willing or wanting to put their Daytonas through the Mecum/BJ spectacle, etc.... The price will also depend on color combination, engine combination, whether or not is has its original drivetrain, survivor, etc...

[Coronet440]

Thanks for the input!! It makes perfect sense!!

[WINGIN IT]

Asking prices are all over the place on these cars, as you must have noticed.
Auction prices vary, and we never know the price sold for private party deals.

That said, a lot what Troy said is true, supply and demand, limited market, and options ( color combo/tranny/engine ) all come in to play.

Hagerty has a new valuation tool based on model.
I entered in a Daytona 440 , and the average price since 2006 ( which would have to be based on public sales / auctions) is $126,306.    They don't say what condition, so without taking all the data points and averaging them,  for arguement's sake say it's an average of all conditions.  Which may not  be a fair comparison .
But you can at least use the graph based on the condition of your car and get an estimate :

http://www.hagerty.com/valuationtools/HVT/VehicleSearch/Report?vc=433400

Or see attached PDF of historical values .

I think most will feel their car will fall under #2 , ( except for those concourse guys- you know who you are    )
But I personally would look at an estimate between 2 and 3 to be conservative and use the most recent value as a guide.
So that's between $166K (#2 condition) and $120K (#3 condition) . Average of those 2 is $143K as of Dec 2012 according to the data they provide.  

I would also take the info with a grain of salt, as with most valuation tools .
Note the comments they have for the Charger Model in general:

For base cpe and 500 models: -20% for slant six. For base cpe, 500, and R/T: +15% for SE pkg. For all Chargers: +20% for 4-spd. -10% for auto. Colors can make an astonishing difference in both value and salability.

I definitely agree with their last comment about how colors can make a big difference , not sure about all the other points , but I'm sure it all comes in to play in some way .   

[hemi68charger]

I definitely agree with their last comment about how colors can make a big difference , not sure about all the other points , but I'm sure it all comes in to play in some way .   

Ryan, that's why, your Daytona will hold its value tremendously......... I love my V2, it is a GREAT color, but pretty much tied with R4 as the most common Daytona color too (well, there's a reason for that, it IS a great color - Dodge knew what they were doing) 

[Aero426]

Any Daytona that is originally Q5 has a wing up on the competition.

[hemi68charger]

Any Daytona that is originally Q5 has a wing up on the competition.

Ohhhh, that was a good one Dougy   

[maxwellwedge]

80k if you are buying............200k if you are selling.   

[hemi68charger]

80k if you are buying............200k if you are selling.    

Jimbo, you're the Donald Trump of Mopar !!!!   

[maxwellwedge]

But with good hair....

[Aero426]

But with good hair....

And he hasn't fired Six Pack Frank. 

[Mytur Binsdirti]

My Daytona was sold this past January. It was the 3rd one built, matching numbers, 62K miles, 440/automatic, all original body panels, no rust, fresh restoration. It sold for $1_5,000.00 and I think I was lucky to get that.

[hemi68charger]

But with good hair....

And he hasn't fired Six Pack Frank. 

  Hope not !!!!!  Frank has his Muscle Car Stamp Keep-sake............

[Budnicks]

My Daytona was sold this past January. It was the 3rd one built, matching numbers, 62K miles, 440/automatic, all original body panels, no rust, fresh restoration. It sold for $1_5,000.00 and I think I was lucky to get that.

how much is $1_5,000.oo

[hemi68charger]

My Daytona was sold this past January. It was the 3rd one built, matching numbers, 62K miles, 440/automatic, all original body panels, no rust, fresh restoration. It sold for $1_5,000.00 and I think I was lucky to get that.

how much is $1_5,000.oo

Ancient Chinese secret.......

[Mytur Binsdirti]

My Daytona was sold this past January. It was the 3rd one built, matching numbers, 62K miles, 440/automatic, all original body panels, no rust, fresh restoration. It sold for $1_5,000.00 and I think I was lucky to get that.

how much is $1_5,000.oo

What would your guess be? 

[WINGIN IT]

My Daytona was sold this past January. It was the 3rd one built, matching numbers, 62K miles, 440/automatic, all original body panels, no rust, fresh restoration. It sold for $1_5,000.00 and I think I was lucky to get that.

how much is $1_5,000.oo

What would your guess be? 

Ah, it's fill in the blank right?

I'll say 125K

[1970Moparmann]

$135k

[cdr]

165

[Mytur Binsdirti]

Nope, nope & nope.

[maxwellwedge]

But with good hair....

And he hasn't fired Six Pack Frank. 

[pettybird]

They're all junk and should be crushed to save mother earth.

[WINGIN IT]

Nope, nope & nope.

What no higher or lower? 

[Mytur Binsdirti]

What no higher or lower? 

Hi/low? Fast forward to 55 seconds here.....


http://www.youtube.com/watch?v=tUcIeiaIQrs

[WINGIN IT]

Hi -Lee, Hi- Lo  - WOOOO WOOO  !