Charger Values since 1997

[triple_green]

Did some cleaning out and found this 1997 Collector Car and Truck Guide, I have attached a picture from 68/69 Dodge page. I did two samples for fun. First one is my car which I got in 1998. I show the 1997 price and then apply the CPI escalation to show what it would be in 2020 if just went up by CPI:

1968 Dodge Charger #2 condition 383-4
1997-$7728       2020-$12,518 (CPI escalated)

1969.5 Dodge Charger Daytona #2 condition 440-4 auto
1997-$29,600        2020-$47,952 (CPI escalated)

Guess I should have bought a Daytona back then....

So how does it stack up as an investment? Here is what those 1997 prices would look like if you invested them in the market (S&P 500)

$7,728 would be $34,000 at high and $26,275 at current levels.

$29,600 would for $130,240 at high and $100,640 at current levels.

Also I ask, will this market crash affect our collector car prices?

Mark
triple_green

[triple_green]

rotated

[Mopar Nut]

Also I ask, will this market crash affect our collector car prices?

Mark
triple_green

Only if you sell now.

[Kern Dog]

I am confident that almost everything will rebound and even go higher. 

[Mike DC]

 
Lots of factors since 1997. 

For one thing, the average "restored" car was not on the level of today.  Many cars had patch panels (with inferior metal quality & fit) instead of full ones, new seatcovers but unrestored padding & springs, most cars still had (deteriorating) original wiring, the bumpers might be rechromed but not the smaller trim, etc. 

Also, inflation of US currency is a complicated issue and the official data is not necessarily accurate. 

Storing an old car is a significant cost on a long timeframe too.  These things aren't baseball cards.  And it costs some money just to insure it against fire/theft/etc.  That stuff adds up after 20+ years.