Is the Market Really Soft Right Now?

[gcdsn76]

I had my 67 383 auto listed through AutoTrader Classic and Ebay for several weeks but only managed to gather a couple of low ball offers and scams. I wound up taking it off the market. This is likely a low #2/high #3 car with correct engine. original sheetmetal and fully documented. I started asking $25K and ultimately dropped it to $18K, but still no takers. I realize that the First Generation Chargers are kind of an acquired taste. From what I am seeing, almost no cars are selling for what the price guides suggest is fair and from what I have seen on the TV auctions, prices have really dropped. What say you?

[1974dodgecharger]

I was reading your message  up until first generation....for a 2nd gen the prices  you mentioned are inline, but not a 1st.  Lower it 15k unless you have a very nice one....just how it is on the markets the 2nd gen will always get more when comparing them equal.

[gcdsn76]

I'd sooner part it out than sell it for $3000. I think it's worth slightly more than that.

[1974dodgecharger]

you said 15k then 18?  I said 15k....and now your saying more than 3k, lmao...

ok im confused now.....

[gcdsn76]

You said "Lower it 15K unless you have a really nice one". Unless Common Core says otherwise, 18000-15000=3000.

[cbrestorations]

lower it "to" 15k is what he meant, i knew thats what he meant first time i read it.  just keep it advertised...the right person will come along

[1974dodgecharger]

just to show you what your up against 

[Ghoste]

1st gens just don't bring the big money unfortunately.  Price guide values have never been very accurate in my opinion, they can be a tool to generalize and show trends but they are not a great way to establish a hard accurate value.  Televised auctions are also a terrible way to get a good idea of price. Prices have been soft  since the housing fallout and the really good cars have started to come back and that helps but the cars that most of us own are selling about where they probably should be its just that we are all having trouble accepting that.  Coupled with e-bay and online ads and you narrow it more, seems like the autotrader, cl kijiji sort of sites are nothing but online yard sales and e-bay, well, I'm not the biggest fan of e-bay selling persoanlly but I know others have good luck with it.
As said, lower price and/or more patience.   

[Cncguy]

It's only worth what someone's willing to pay.

[el dub]

You said "Lower it 15K unless you have a really nice one". Unless Common Core says otherwise, 18000-15000=3000.

    excuse my ignorance but what is common core?

[Cncguy]

You said "Lower it 15K unless you have a really nice one". Unless Common Core says otherwise, 18000-15000=3000.

    excuse my ignorance but what is common core?

I think everyone's still trying to figure that one out. It's a new education standard Uncle Sam has put in place.

[myk]

Well it's no longer the "million dollar Hemi Cuda convertible" days, so I guess you could say the market's softened...

[JB400]

You must not have heard about the black 70 Cuda convert. that sold at Mecum

[Mopar Nut]

You must not have heard about the black 70 Cuda convert. that sold at Mecum

for only 3.5 million.

[Ghoste]

The question however, is it a rising tide?  I'm guessing the result if that Hemi Cuda convertible wont have much effect on what people are prepared to spend on most other Cudas, although it could well have an impact on what sellers think they should get.

[ws23rt]

This look into current market and the future market is like looking through glasses with Vaseline smeared on them.

The best guess would come from past history in car collecting because it tells about how people feel about the cars they grew up with and the impact it had on their memories. This view is key (imo) to the future interest in the car hobby.

Us older folks that have enthusiasm will push the fun of cars forward as our kids grow up with us.

When I got in from Wisconsin with my hellcat I met my son and daughter in Tacoma Wa. My son was visiting and on the way home to Portland. I let him drive the new hellcat home and could tell it was something he will never forget. ---He is a mid thirties car guy and has never seen a hellcat in person.

I do recall little things from when I was 14 to driving age that were key to why I am having so much fun with cars today.

[440]

Pretty soon nobody will want old cars. Some politician will persuade a bunch of people that old cars are bad and not worth anything. They will then pass bills trying to get them off the road. The prius/green guys will chastise the gas guzzler crowd for ruining the environment . The classic car crowd will go on cruises to protect their rights to drive their cars. Ultimately the green crowd will get there way and we'll all be driving green cars like sheep.


It's only a matter of time

[ws23rt]

I'm an optimist.--I think the greenies will grow ill prematurely from a poor diet and misguided views of reality. As they fade from the front lines of the news and influence the next in line for headlines will admit we have been lead down a path that leads nowhere.

Way too many have come to believe that humans are equivalent to a fast moving virus. Also---a curious paradox? --- every thing we do will kill us.

That thinking would put us back in caves and return our mortality to what is was when we had to duck critters with big teeth and large appetites.----All natural--

Add---When restrictions are added to the way of life we have evolved to live with, those restrictions are just print on paper. The reality is that bad /stupid laws are violated.  We are lucky (for now) that prosecution for (or lack of) violation of stupid laws is in our favor.  

[RallyeMike]

I think things have actually bounced back stronger from 5 years ago. I would not expect the market for 1st gen Chargers to go up any appreciable amount any time soon, if ever.

The super-collectibles like the 3.5M 'Cuda will always draw big bucks, but that is not necessarily an indicator of the general market for your run-or-the-mill muscle car.

 

[Homerr]

gcdsn76 - post a few pics of your car, we'll all then know what we're talking about.

[MxRacer855]

Yes! Please do!     

[Mike DC]

 
IMO the mid-1960s styling has been aging worse than the late 60s.  It's true all across the Detroit brands.  I would bet on a collection of 1969 muscle cars holding more value in the coming years than a collection of the same models from 1966.  Mustangs, Chevelles, Belvederes, Skylarks, Torinos, Chargers, Monte Carlos, GTOs . . . you name it.



Greenies stomping out muscle cars -

It might happen.  But it won't be muscle cars getting stomped out, it will be human-driven gasoline-powered cars across the board. 

The Greenies don't make a huge distinction between a 1970 and 2015 muscle car like we do.  They look at the 2015 model and say "See?  Detroit hasn't improved what they're building in 45 years!"   

[ws23rt]

I had my 67 383 auto listed through AutoTrader Classic and Ebay for several weeks but only managed to gather a couple of low ball offers and scams. I wound up taking it off the market. This is likely a low #2/high #3 car with correct engine. original sheetmetal and fully documented. I started asking $25K and ultimately dropped it to $18K, but still no takers. I realize that the First Generation Chargers are kind of an acquired taste. From what I am seeing, almost no cars are selling for what the price guides suggest is fair and from what I have seen on the TV auctions, prices have really dropped. What say you?

Hey gcdsn76 I understand your interest in the market for your car. I also think you have come to the right place to give reality to your question.

I came to this site about two years ago with the same intent.--I wanted to sell my C500 and was looking for information about current values.

What I got from here is a good feel for the real world.  What we get from the media and auctions are not what buyers and sellers find when they are moved to deal.

The market does move back and forth but not so much as to create panic for anyone.

Ok--let's say (for example) their were 15 million 68 charger RT's on the market.  The price would be rather easy to pin down because of the number of cars available. In this real world-- the number and condition of a forty+ year old cars for sale makes placing a value a hard task indeed.--Very limited number of cars with potential and a large number of folks that just see dollar signs because of the market hype.

I find myself repeating myself (and others) over and over again.--- -----If a question about money and/or  investment security are an important part of your decision to play with old cars.--You are going to be disappointed from the financial aspect and that could mean a big disappointment not to mention a distraction from the fun these old cars have to offer.

You have a tough decision as I have with my C500 for sale.--We need to either accept the market value or keep our cars.-It is simple stuff.

[gcdsn76]

Tried posting a photo, it says the file is too large. Weird since I took the photo with my phone. I figured this car would be nice for somebody trying to get into the hobby without zeroing out their kids college fund. That is was it is for me. It is pretty much restore as needed and it hasn't needed that much. I had the transmission rebuilt last August and got the headlights and dash lights sorted out. It has all original sheetmetal and has the build sheet, window sticker (original) and Certicard, so I figure that is worth something. Anyway, I've never HAD to sell the car, I've just had it for ten years and got bored. I'll likely just put a "For Sale" sign on it at shows, keep it, or consign it over the winter.

[hemi-hampton]

The pic has to be under 200kb. reduce the size & try again, but then you may have to rename it again. For some strange reason this site wont let you post the same pic twice? LEON.

[myk]

You must not have heard about the black 70 Cuda convert. that sold at Mecum

You're right, I tend to not think about stuff that I can't afford.  I'm glad some people can, though!

Tried posting a photo, it says the file is too large.

Use photobucket to upload photos.  Create a free account, upload your image, copy the IMG link and paste it into your post. 



See?

[Homerr]

Or host pics on photobucket, imgur, dropbox, etc. and post a link.

[forsy1979]

Speaking of thinking on things I wouldnt be able to afford ^ ^  lol...