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Is it time to sell?

Started by y3chargerrt, May 06, 2013, 05:49:32 AM

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74Rallye

I didn't really feel the magic in one of my Chargers. Of course it was the one I spent the most money and time on. Now I'm putting a 4sp in it despite the fact that it's a 1 of 208 car. Make it into what you want!

hatersaurusrex

I don't want to seem disrespectful towards anyone's loved ones - but dropping Charger-level money on a wedding is probably the worst use of cash I could think of.   If you're going to sell it, put that money into something else you will get long term enjoyment and investment out of.    Weddings are an expensive flash in the pan, and statistics show that the more money is spent on a wedding, ironcially, the shorter the marriage lasts.   The divorce rate in the US is somewhere around 55-60%, and the average marriage is only about 7 years.

Now trying to tell that to a young girl who wants her 'dream princess day with fairies and ponies and minstrels and unicorns and a chocolate fountain that sprays dreams and kisses' without making her resent you for being unrealistic... explains why people spend more than they make in a year on a wedding.    Ask me how I know :)
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lloyd3

Where is the market right now for these cars?  I see it mentioned in various places that it's firming up a bit, but what does that really mean?  It is finally Spring, and that does tend to lend itself to some optimism, but....most of the folks that I know are still being very careful with their money.  With that being said, what is a realistic price expectation for a fully restored car? 

Without looking at what restorations really cost (in time, trouble and money), what would the marketable range be, from low end to high end, for a nicely redone original, 2nd generation, R/T 440 car? We'll take hemi-cars out of consideration for the moment to keep it easier to focus on reality.

I'd guess from $40k to $65K depending on a car's options and the quality of the restoration work.  The upper end of that number would be for truly original, numbers-matching cars.  Any different opinions? Am I too low?

Paul G

Quote from: lloyd3 on May 07, 2013, 11:31:10 AM
Where is the market right now for these cars?  I see it mentioned in various places that it's firming up a bit, but what does that really mean?  It is finally Spring, and that does tend to lend itself to some optimism, but....most of the folks that I know are still being very careful with their money.  With that being said, what is a realistic price expectation for a fully restored car? 

Without looking at what restorations really cost (in time, trouble and money), what would the marketable range be, from low end to high end, for a nicely redone original, 2nd generation, R/T 440 car? We'll take hemi-cars out of consideration for the moment to keep it easier to focus on reality.

I'd guess from $40k to $65K depending on a car's options and the quality of the restoration work.  The upper end of that number would be for truly original, numbers-matching cars.  Any different opinions? Am I too low?

I agree completely with money still being tight. Your range is accurate except for the finer cars are selling on the low side. You need to be at BJ on a Saturday night with lots of alcohol flowing to get the higher dollars.
1972 Charger Topper Special, 360ci, 46RH OD trans, 8 3/4 sure grip with 3.91 gear, 14.93@92 mph.
1973 Charger Rallye, 4 speed, muscle rat. Whatever engine right now?

Mopars Unlimited of Arizona

http://www.moparsaz.com/#

lloyd3

So...more like $40K?  For a top-end car?

Ram07

Quote from: hatersaurusrex on May 07, 2013, 09:57:55 AM
I don't want to seem disrespectful towards anyone's loved ones - but dropping Charger-level money on a wedding is probably the worst use of cash I could think of.   If you're going to sell it, put that money into something else you will get long term enjoyment and investment out of.    Weddings are an expensive flash in the pan, and statistics show that the more money is spent on a wedding, ironcially, the shorter the marriage lasts.   The divorce rate in the US is somewhere around 55-60%, and the average marriage is only about 7 years.

Now trying to tell that to a young girl who wants her 'dream princess day with fairies and ponies and minstrels and unicorns and a chocolate fountain that sprays dreams and kisses' without making her resent you for being unrealistic... explains why people spend more than they make in a year on a wedding.    Ask me how I know :)

I would respetfully disagree on that. If you have a car (it's just a car) that you have lost interest in, myself, being a Dad would have no problems making my little girls dreams come true!
It's always a gamble if it works out or not, but the daughter will have the best memories ever! That means more to me than any car ever will!

just my :Twocents:

ACUDANUT

I would sell my 07 Ram PICK-UP for a wedding too. :yesnod:

Ram07

If thats a shot at me, didnt really sell it....traded it in, it was no longer needed (moved from country to town, and yeah, the truck was used as a truck to tow things, carry things and hit the bush for firewood)  Bought a Kia, put the balance toward my sons wedding....no regrets!

Well, not really the wedding I guess, but was a few bucks toward the downpayment of the house they bought! It was nice putting a chunk of change in the wedding card!

It all comes down to priorites, don't ya think? Keep a truck that had no use anymore, toss it...buy a POS, and give the leftover cash to the kid!

y3chargerrt

I would not sell my Charger for my daughters wedding. I love her but I know all too well about the divorce rate. She booked a venue for the Friday before memorial day next year. She is very frugal and right now it will cost me 4K.On Saturday the same venue is 6K. I have that covered. My boss refinanced his house to pay for his daughters wedding. Their flower bill will probably pay for my daughters wedding. I'm probably leaning more toward keeping it. Unless someone makes me an "offer you can't refuse"! I think a day driving it, changing the oil and waxing it will be just what the doctored ordered.

brigond

It does come down to priorities but I would hold out if at all possible. I always had a classic /antique car since I was able to drive ,in 1985. In the last 20 years, I've owned the same car up until I nought my Charger last December. Over the years I've thought about selling it for home repair and held out. That was two homes ago. I sold the old mint Chevy because there was nothing to do with it. It was mint and I couldn't bring myself to ruin its originality.  

I can see selling for for a critical situation or an important priority like a wedding. Maybe you just lost all interest in your Charger and it doesn't bring you the joy it once did.  Just don't do it if you think there will be that feeling of sellers remorse. Sellers remorse can last longer than siding or a deck . :Twocents:
Mopars are like the Hot Wheel/Matchbox cars from when I was a kid ...  Bad A@@ and Cool!!!

My other hobby is practicing the ancient art of CLICK! POW!

lloyd3

I guess it's time to sell if you think it's worth more now than it will be in a few more months or years.  If the money is important, than now is probably the time.

Just 6T9 CHGR

Quote from: y3chargerrt on May 07, 2013, 03:16:21 PM
I think a day driving it, changing the oil and waxing it will be just what the doctored ordered.

I concur

:cheers:
Chris' '69 Charger R/T


1970Moparmann

Like anything else in hobbys and sports, it's either in your blood or not.  For me, to give up a car is like giving up a child.  Can't explain it, just how I'm wired.  Some years I don't do much "car stuff" and others I do.  For me, the cars I have are keepers, unless life dictates I need to sell them.  I've worked my butt off and enjoying my car addiction.

Another "interest" I have is snowmobiling.  Been doing it for 25 years, and recently said screw it, need money for parts, plus don't have any time.  This I walked away with no problem..... :2thumbs:
My name is Mike and I'm a Moparholic!

Gazza.fox440

My 69R/T finally arrived after almost 14 years from when I purchased it (tested my patience) and upon arrival into Australia and me recieving it something went wrong and customs had a field day with it.. Everything pulled apart and left hanging or LOST alltogether... Got it on a car trailer for the 3 hour journey home and at a fuel stop had a guy ask if its for sale and give me his business card saying he would go to $45K.. So I rang him and gave him the option and he didnt have any money.. Another guy advertised he wanted one up to $50K so I rang him and he said its a bit far to go (West Aust to South Aust) I explained that they come from U.S.A. and is that too far as well ??? So there seems to be plenty of people interested but only to tell me that its their dream car etc etc... SO... She can stay garaged until I thoroughly peruse this awesome site of info and get this baby on the road running one very long day away.. Time to sell ?? Nah :)
2 down 1 to go... 70 Challenger please babe for Xmas

Paul G

Quote from: Gazza.fox440 on May 09, 2013, 05:23:38 PM
My 69R/T finally arrived after almost 14 years from when I purchased it (tested my patience) and upon arrival into Australia and me recieving it something went wrong and customs had a field day with it.. Everything pulled apart and left hanging or LOST alltogether... Got it on a car trailer for the 3 hour journey home and at a fuel stop had a guy ask if its for sale and give me his business card saying he would go to $45K.. So I rang him and gave him the option and he didnt have any money.. Another guy advertised he wanted one up to $50K so I rang him and he said its a bit far to go (West Aust to South Aust) I explained that they come from U.S.A. and is that too far as well ??? So there seems to be plenty of people interested but only to tell me that its their dream car etc etc... SO... She can stay garaged until I thoroughly peruse this awesome site of info and get this baby on the road running one very long day away.. Time to sell ?? Nah :)

We need to here more about this 14 year story. Start a thread on it, I am sure it will be interesting.
1972 Charger Topper Special, 360ci, 46RH OD trans, 8 3/4 sure grip with 3.91 gear, 14.93@92 mph.
1973 Charger Rallye, 4 speed, muscle rat. Whatever engine right now?

Mopars Unlimited of Arizona

http://www.moparsaz.com/#