Whats it worth? AACA Senior Award winner plus other awards

[resq302]

So I got a potential buyer on the line for my 69 Charger.  He wanted to know my price so out of the blue I told him a high number.  He didn't take it but found me later in the day and wanted to know that he was still serious but couldn't do it for the initial price (do we ever jump at the first price?  lol)  What I am looking for is a good ball park price for my car.   Its a 1969 Dodge Charger, 383HP , 4 bbl , 4 spd car, with console, tic toc tach, and power disc brakes.  Car is R4 Bright Red with Pearl White vinyl top, and black and white interior.  The car has been invited to the Hemmings Concours d'Elegance as well as the Eastern Concours d'Elegance.  The car has also achieved its Senior Award status and has taken first place at the Mopars @ E-town show and Chryslers at Carlisle multiple times.  Car was also driven by Anthony LaPaglia for a TV Movie pilot.












So..... What would be a good price to ask for if you were selling this car?

[moparnation74]

     What was your initial asking price?  Is the car matching numbers?  Any mechanical/body/paint issues?  Based on your pictures your car is beautifully and professionally restored to factory correctness.  Which costs tons!  Trust me I know from personal experience and I do all of the assembly and most parts myself..  In reality it costs an easy 10k plus for a complete car dependent on model, 10k for just a high quality paint job(not including bodywork),  10k for motor and drivetrain, parts new and restored 10k plus, interior 4k plus, all rough estimates of course.  You easily have vested in a car of that caliber 40-50k and thats if you assembled it yourself.
     Reality TV has created a incorrect perception for the buyer of the real world.  Just tell this buyer to go on ebay and look at what a 69 se charger unrestored sells for and tell him quality shops labor rates are around 110-130 per hour.  Average full restoration these days they bill around 360-400 hours turnkey.
     

[resq302]

Initial price I just threw out there was $80,000 as there are a lot of tire kickers so that number, if I got it, would have been a dream.  It is a period correct engine as it has a 7/22/68 casting date.  There are no mechanical issues or paint issues with the car other than the occasional chip from driving it which has been touched up.

As for the work done to the car, I have pretty much done everything myself with the exception of the top and the paint which was like that when I got the car.  Actually, it was painted 12 years before I got the and I've owned it for 14 years now.  Engine has been rebuilt, trans rebuilt, rear axle, carrier, etc all been rebuilt and restored.

What I'd like to do is get enough money to get another charger right away so I don't want to undercut myself with what I let the car go for.

[1965gp]

I definitely think north of 60k for the condition of your car. If it were my car I wouldn't even consider selling for less than 60k- probably closer to 70k especially since you don't need to sell it. The awards your car has received proves that it is not just a refurbished car and should be priced accordingly.

I know what you say about throwing out a number - I always throw out 50k for my GTO and people squirm and pretend they are considering it. I would take a solid look at what it would take to buy another car you would be happy with and how much it will take to bring it to the condition of your current car.

[moparnation74]

    Yeah, it cracks me up when people want a high quality car for basically nothing.  On my ride I did everything myself as well except for machine shop work, plating, vinyl top, headliner, and exterior paint(bodywork I did and I painted the trunk, underside, engine compartment).  When my ride was finished, I had to take it back to my painter for a final buff and polish.  While it was there a customer demanded my painter to contact me and ask if I would take 60k for the car.  My painter laughed at him and said,  "I will but the answer will be no. "
    I am not one to tell you what your car is worth but based on the number you initially asked for and probably where your bottom line is, I think you are in the ballpark.  It is a quality restored charger, period.

[resq302]

Thank you both for the compliments.  I do take pride in my work and this is the current resto project I did for my Dad with it being almost completed.  Just a few more small details to do and it is done.  This is practically how I did my charger as well but the charger is slightly below what my Dads car is since my charger I restored back in 2006.  I've learned a LOT since my charger and I've also restored my Mom's 70 chally vert as well.

http://www.forbbodiesonly.com/moparforum/showthread.php?67715-Bringing-it-back-to-factory-specs/page9

Like 1965gp said, I don't need to sell it and (as weird as this sounds) my wife and my two little girls don't want me to sell it either.  I'd like to try and get a sunroof charger if I do end up selling this.  Like I said, I really haven't been following the prices of these cars lately and I don't want to undercut myself and end up short on money with trying to get another charger.

[moparnation74]

     The restoration on the "gittick" or X looks great!  I have a survivor 69 GTX 440 4spd, air grabber, dana, manual brakes/manual steering,  exterior black, red interior, 67K miles.  Sounds odd but I am planning to start a full restoration within the next two years on it. 
     

[resq302]

Thanks.  Always nice to have a solid / original car to start with!

[Daytona R/T SE]

So I got a potential buyer on the line for my 69 Charger.  He wanted to know my price so out of the blue I told him a high number.  He didn't take it but found me later in the day and wanted me to know that he was

>"Still serious but couldn't do it for the initial price"<

Translation:

It's worth $80K. 

It would cost much more than that to start from scratch and build another one like it.

But, if I pay $80,000 for it...

...I just can't make any money on it...



My advice:

Stick to your guns at $80K and keep the car.

If he pays the $80,000...

Be happy.

If he doesn't cough up the $80K...

You have an awesome car. 

Be happy.

[resq302]

So you honestly think my charger is worth every penny of $80K? 

[1974dodgecharger]

So you honestly think my charger is worth every penny of $80K? 

its what you think its worth every penny of the 80k.  You just told us the slight ever so details of the car so based on that its up to you.  You know more of the car than we do. 

if you have a buyer willing to do 80k, then I would say if your happy with the price go for it.  As we all know we never get back what we put in fully, but a partial of it.

[Daytona R/T SE]

So you honestly think my charger is worth every penny of $80K?  

I honestly think it would cost much more than that to restore another one like it to that level.

So, yes.

[resq302]

It very well could but I do a lot of my own work on the car with the exception of sheet metal or anything like that.  Half of the joy of owning these cars is working on them yet at the same time, I really don't want to be shelling out $20K to make a car back to being correct unless I have that kind of money to play around with say if I purchase a car for $45K and sell my car for $70k?

[1965gp]

Even if you do your own work you are still investing time- which would cost $$ to replace. I agree that it would cost $70-80k to replicate that car today.

[bakerhillpins]

Even if you do your own work you are still investing time- which would cost $$ to replace. I agree that it would cost $70-80k to replicate that car today.

Not that I am not disagreeing with you about restoration costs but we all know that unless there is something uber-special about the car your going to loose money on a resto so I don't think that gauge is a good place to start.

If you don't need/want to sell you are fishing and if you get a bite or even a fish then good for you and apparently it would be worth that much but don't confuse that with setting the market.

Brian, the car is originally a 3x green car? I can't recall but I didn't think red was its original color and you do have the broadcast sheet yes?

[TUFCAT]

So you honestly think my charger is worth every penny of $80K?  

Stop bragging and wake up from your dream....for $80,000 someone can buy a Charger 500!    You have an extremely nicely detailed car.  However, those freshly restored OEM "factory details" do not equate into $20K, $30K, or even $40K over the price of a similarly restored car.

With no buildsheet, a color change, and Non matching numbers engine - $35K TOPS!  I don't care how many correct ECS decals, RPM paste, and paint daubs you've slathered all over it.

For me personally, I find these "what's my car worth" threads an arrogant way to promote a car online.   Why would you come on here and ask us what "we think" its worth when you already know?  You are VERY active in the hobby and watch this sort of thing closely. "What's it worth" threads are basically for people who wake up from living under a rock for years and truly have no idea of an items value, not attention seeking guys like you.  Sorry but remember....you asked.  

By the way, factory installed white vinyl tops were never "pearl" white.

If you were serious about selling the car it would already be sold....save the glory until you actually sell it.

TRANSLATION: Expect to lose money on a restoration. When you go to the "next level" like you have - don't expect to recoup all of your investment.  You spent this money to satisfy yourself and collect plastic trophies.  This is a HOBBY and it costs money to run with the big dogs.  

[Dino]

Stop bragging and wake up from your dream....for $80,000 somebody could buy a Charger 500.  You have an extremely nicely detailed car.  Those "details" do not equate into tens of thousands of dollars.  That's a $35,000 car - TOPS!  - - Sorry but remember, You asked.

By the way, factory installed vinyl tops were never "pearl" white.

They were not pearl in 68?  Was that just the interior?


I think you have a stunning car, one we could all dream of, but I don't see $80K.  Whatever primo condition Chargers go for you can certainly ask, but I think that number is quite a bit lower.

[moparnation74]

So you honestly think my charger is worth every penny of $80K?  

Stop bragging and wake up from your dream....for $80,000 someone can buy a Charger 500!    You have an extremely nicely detailed car.  However, those freshly restored OEM "factory details" do not equate into $20K, $30K, or even $40K over the price of a similarly restored car.

With no buildsheet, a color change, and Non matching numbers engine - $35K TOPS!  I don't care how many correct ECS decals and RPM paste you slather all over it.

For me personally, I find these "what's my car worth" threads an arrogant way to promote a car online.   Why would you come on here and ask us what "we think" its worth because you already know?  You are VERY active in the hobby and watch this sort of thing closely. "What's it worth" threads are basically for people who wake up from living under a rock for years and truly have no idea of an items value, not attention seeking guys like you.  Sorry but remember....you asked.  

By the way, factory installed white vinyl tops were never "pearl" white.

If you were serious about selling the car it would already be sold, save some glory until you actually sell it.

TRANSLATION: When you go to the "next level" like you have - don't expect to recoup all of your investment.  YOU did this to satisfy Yourself.  Expect to lose money on a restoration.  This is a HOBBY, and it costs money to run with the big dogs.  

Tuff cat nailed it.  Especially,  for all the changes not disclosed earlier.  By the way asking for info and starting a sentence with "Like I said" is a very improper way to post on here.

[TUFCAT]

So I got a potential buyer on the line for my 69 Charger.  He wanted to know my price so out of the blue I told him a high number.  He didn't take it but found me later in the day and wanted to know that he was still serious but couldn't do it for the initial price (do we ever jump at the first price?  lol)  What I am looking for is a good ball park price for my car.   Its a 1969 Dodge Charger, 383HP , 4 bbl , 4 spd car, with console, tic toc tach, and power disc brakes.  Car is R4 Bright Red with Pearl White vinyl top, and black and white interior.  The car has been invited to the Hemmings Concours d'Elegance as well as the Eastern Concours d'Elegance.  The car has also achieved its Senior Award status and has taken first place at the Mopars @ E-town show and Chryslers at Carlisle multiple times. 

Car was also driven by Anthony LaPaglia for a TV Movie pilot.

[myk]

Christ man, why all of the hostility.  I think a simple yes or no would've been enough...

[TUFCAT]

These "what's it worth threads" are getting out of control ...especially with people who already know the answer.  Many of us old timers have a network of friends that we can quietly ask to confirm or deny whatever we "think" our car is worth.

Just sell the car man!

[myk]

Agreed.  Nice car for sure, though.

BTW why are you selling, 'OP?  What're your plans?

[Troy]

Nice car but I don't see it getting anywhere near $80k unless you find the one guy on the planet who just has to have it. I think the red/white (one of my favorites!) bumps the value over the green/green and the 4-speed is a big plus. On the other hand, it's a 383 car - with a 383 still in it - and you can buy a nice 4-speed R/T for less (in a couple cases I know of it'd get a real Hemi Charger!). Honestly, I can't see any reasonable person paying above $40k. That puts you in a huge bind if your plan is to roll the money into a project car.

Troy

[viper r/t]

So you honestly think my charger is worth every penny of $80K? 

Stop bragging and wake up from your dream....for $80,000 someone can buy a Charger 500!    You have an extremely nicely detailed car.  However, those freshly restored OEM "factory details" do not equate into $20K, $30K, or even $40K over the price of a similarly restored car.

With no buildsheet, a color change, and Non matching numbers engine - $35K TOPS!  I don't care how many correct ECS decals, RPM paste, and paint daubs you've slathered all over it.

For me personally, I find these "what's my car worth" threads an arrogant way to promote a car online.   Why would you come on here and ask us what "we think" its worth when you already know?  You are VERY active in the hobby and watch this sort of thing closely. "What's it worth" threads are basically for people who wake up from living under a rock for years and truly have no idea of an items value, not attention seeking guys like you.  Sorry but remember....you asked. 

By the way, factory installed white vinyl tops were never "pearl" white.

If you were serious about selling the car it would already be sold....save the glory until you actually sell it.

TRANSLATION: Expect to lose money on a restoration. When you go to the "next level" like you have - don't expect to recoup all of your investment.  You spent this money to satisfy yourself and collect plastic trophies.  This is a HOBBY and it costs money to run with the big dogs. 

 

[Challenger340]

Absolutely beautifully done Charger, the OP should be very proud !
But as well done as it is.... IMO, there is not enough "special" about it(other than the quality) to place it above "range" for what is in essence.... IMO.... still a restored 3x green, 383 4 spd Car, Color changed, without Broadcast Sheet, or original #'s Engine ?

I think $40K to $45K for the "quality" alone is still a fair purchase ?

Agreed, the WIW threads can be tiresome, except in cases where there are genuinely "special circumstances" to valuations, where someone may need opinions ?
* New guys devoid of a friend network involved in the hobby that they lean on comes to mind ?
* People contemplating a purchase getting 2nd opinions ?
* Something completely different or "special" about a Car.... that throws a wrench into standard pricing resources a person can access ?

I had NO CLUE when I bought mine !
I was not even contemplating a '69 Charger in my dreams... nor any interest in acquiring one, so I had no idea anymore after decades of no involvement in classic cars other than really EXPENSIVE ?
Just out of the blue one day, there it was, and the owner asking "do you want it for "X" ?  ... which seemed cheap ?
Gotta be something wrong.... too good to be true ? Worst 24 hrs of my life ! thought I was gonna have a heart attack !
..... it was JUMP... or walk away, what to do ?
just say'in...
there ARE circumstances, where you guys are in fact the "network of friends" to access, THANKS DC.com !