News:

It appears that the upgrade forces a login and many, many of you have forgotten your passwords and didn't set up any reminders. Contact me directly through helpmelogin@dodgecharger.com and I'll help sort it out.

Main Menu

What is your thoughts on today’s market value of this 1968 R/T?

Started by kevink, February 24, 2021, 01:22:51 AM

Previous topic - Next topic

kevink

Looking at this 1968 Charger R/T automatic with console. It is not the original engine. The engine is stamp coded 66. The car overall is extremely nice. Just want to get your opinion of what you think it is worth in 2021?


Kern Dog


70 sublime

next project 70 Charger FJ5 green

kevink


70 sublime

It has the funky battery cable ends

Do you think this car is any better or worse shape than the one you have now ?
One has black interior and one has white interior

You seem to just find the cars that are almost the same as what you have now
If they were both sitting in your garage side by side why would you drive car A vs car B on any given day other than one has more gas in the tank ?

Think I would want any second Charger to be different than my first Charger
Either get a better car with a stupid big motor in it or a ratty car fun to drive when you just do not care about the little scratches and wash and wax all the time  :icon_smile_wink:
next project 70 Charger FJ5 green

Nacho-RT74

I think we have talked about this in the past?... or one very similar!!!
Venezuelan RT 74 400 4bbl, 727, 8.75 3.23 open. Now stroked with 440 crank and 3.55 SG. Here is the History and how is actually: http://www.dodgecharger.com/forum/index.php/topic,7603.0/all.html
http://www.dodgecharger.com/forum/index.php/topic,25060.0.html

kevink

I am very partial to the SS1 on the 68 Charger. This car has just came available from a private collection. The SS1 are hard to find for me here in the South. Recently completing a nut/bolt restoration on one of these cars I have learned the hard way that it is cheaper to buy one finished or very close to being finished. I am also looking for a triple green 1968 Dodge Charger to add to the collection. As you have seen these driver quality cars are fetching ridiculous money.

ph23vo


1968Fever

If this is the same car, which I think it is, Mecum results say the car was worth $62,700 in July 2020

https://www.mecum.com/lots/SC0520-434376/1968-dodge-charger-rt/



kevink

1968 Fever I think you are correct. That is why I ask you guys about these cars!

kevink

Car sold for $57,000 plus buyers premium. I just went back and watch it sell.

70 sublime

So you know what the guy paid for it

How much does he want for it now ?

$75 000 ?
next project 70 Charger FJ5 green

kevink

70 Sublime, close. $72,500 but said he would consider any offer. Now I know why he can accept offers. LOL

DownZero


CRW-FK5

What seems to be contributing significantly to the inaccuracy of value estimates is the common reluctance of people to actually disclose what they either bought a car for or sold one for in a private party transaction.  I've never quite understood the secrecy of this, but without those valuable data points all we're really left with are asking prices and selling prices of commercial sales through companies who's sole business is to essentially flip these cars.  It surely seems the consequence of this is an artificially inflated value estimate.  I personally have no hesitancy in sharing what I buy or sell my vehicles for.  Perhaps I'm missing something.  What's seems to be the issue people have in revealing what they bought or sold a vehicle for?  Sincerely curious.

Challenger340

Quote from: CRW-FK5 on February 24, 2021, 06:01:32 PM
What seems to be contributing significantly to the inaccuracy of value estimates is the common reluctance of people to actually disclose what they either bought a car for or sold one for in a private party transaction.  I've never quite understood the secrecy of this, but without those valuable data points all we're really left with are asking prices and selling prices of commercial sales through companies who's sole business is to essentially flip these cars.  It surely seems the consequence of this is an artificially inflated value estimate.  I personally have no hesitancy in sharing what I buy or sell my vehicles for.  Perhaps I'm missing something.  What's seems to be the issue people have in revealing what they bought or sold a vehicle for?  Sincerely curious.

When Selling,
the "issue" in disclosing what you paid for a car ?  can invariably be that any potential Buyer feels that you should "pass along" your good fortune to them if that's the case ? thereby confusing the "wanted" or asking purchase price with a "But he ONLY Paid XXX" in the Buyer's mind ?

Look 2 posts back in this thread ?
70 Sublime, close. $72,500 but said he would consider any offer. Now I know why he can accept offers. LOL

No offense intended, I just don't believe what any Seller paid to be relevant, nor any of a potential Buyer's business.




Only wimps wear Bowties !

kevink

Challenger340, I simple asked what everyone thought what the current market value is on the car. I don't care what he paid for it. I paid $25,000 for my 1968 Dodge Charger R/T 4 speed with all numbers matching and have turned down $90,000. Now, I have completed a nut/bolt restoration which cost me a small fortune. We are all in this together and need this values to stay solid if not to increase. The reason I asked here is the knowledge. Which paid off because someone remembers the car selling at Mecum. Where that is important to me is that I was told it was coming out of a private collection as if they were trying to lead me to believe the car owner has had it for a while. It looks now like it might be just a flip for him. Another question I have is why is he selling it. Did he find something wrong with it after buying it? The knowledge of this group is truly invaluable. I will pay market value for these 1968-1970 Chargers especially that beauty that you have. 😁 I love this hobby and have sunken a lot of money in it. I hope in another ten years our cars are worth twice as much as now. Again, I am not trying to beat him out or down on his price. Just do not want to pay thousands more than what the market is currently.

CDN72SE

Beautiful car Challenger340, the wheels really stand out to me especially on a black 69.
1972 Charger SE

Kern Dog

Quote from: CRW-FK5 on February 24, 2021, 06:01:32 PM
What seems to be contributing significantly to the inaccuracy of value estimates is the common reluctance of people to actually disclose what they either bought a car for or sold one for in a private party transaction.  I've never quite understood the secrecy of this, but without those valuable data points all we're really left with are asking prices and selling prices of commercial sales through companies who's sole business is to essentially flip these cars.  It surely seems the consequence of this is an artificially inflated value estimate.  I personally have no hesitancy in sharing what I buy or sell my vehicles for.  Perhaps I'm missing something.  What's seems to be the issue people have in revealing what they bought or sold a vehicle for?  Sincerely curious.

Thank you.
In the Mopar magazines....the end pages of "Rare Finds" or whatever they are called. They glow over some great car someone found and bought but rarely ever disclose a price. That pisses me off and shows how selfish people can be. It makes it really difficult to establish any fair market value when another car turns up.
I have been annoyed by that bullshit for years. Same stuff happens on these forums. A guy comes on and brags on and on....posts a bunch of pictures, people compliment him on it but the prick refuses to tell what he paid for it.

INTMD8

Lmao, I would tell anyone what I paid for my cars but don't think someone's a prick if they want to keep their business to themselves.  :lol:
69 Charger. 438ci Gen2 hemi. Flex fuel. Holley HP efi. 595rwhp 475rwtq

AKcharger


hemi-hampton



70 sublime

There are two kinds of owners that are selling their second gen Chargers

First guy is the guy that has a use for the cash in something else
Family or house or health or .....
Just wants the money and move on with life

Second guy
Just in it to make a buck or ten or thousand ......
Has a car collection buying and selling
Has to sell it for more than he paid for it

I think the owner of this Charger in question is guy #2

Does any one really want to buy from guy #2 or would rather find guy #1 before guy #2 finds him  :P
next project 70 Charger FJ5 green

jefferson

They are worth as much as someone is willing to pay/ the owner is willing to take.
He may never get that offer, best he may get is 65k and accept it, then its worth 65k.
These cars are worth strong money now, but i could care less, no amount of money will ever stop me from driving mine as much as i can, weather its worth 1 MIL or 50k. i could care less.
i think a lot of people get there rocks off on  how much these cars are worth now more so as a bragging right. Imo that 68 id see a fair price around 60k. I personally would not pay anymore.

Kern Dog


Challenger340

Quote from: kevink on February 25, 2021, 09:39:22 AM
Challenger340, I simple asked what everyone thought what the current market value is on the car. I don't care what he paid for it. I paid $25,000 for my 1968 Dodge Charger R/T 4 speed with all numbers matching and have turned down $90,000. Now, I have completed a nut/bolt restoration which cost me a small fortune. We are all in this together and need this values to stay solid if not to increase. The reason I asked here is the knowledge. Which paid off because someone remembers the car selling at Mecum. Where that is important to me is that I was told it was coming out of a private collection as if they were trying to lead me to believe the car owner has had it for a while. It looks now like it might be just a flip for him. Another question I have is why is he selling it. Did he find something wrong with it after buying it? The knowledge of this group is truly invaluable. I will pay market value for these 1968-1970 Chargers especially that beauty that you have. 😁 I love this hobby and have sunken a lot of money in it. I hope in another ten years our cars are worth twice as much as now. Again, I am not trying to beat him out or down on his price. Just do not want to pay thousands more than what the market is currently.

Each potential buyer would attach significance to any particular vehicles criterion as it's presents..... you yourself are partial to the color ? whereas the majority may not be.
IMO,
many facets of this particular Charger, although apparently well restored.... are non-original which detract from the collectible market segment responsible for some of the higher values being noted at sales.
One need look no further than the recent $57,000 attained by an otherwise mundane.... but highly original with provenance A4 color 383 4 BBL/Auto example here to see this 'collectible' segment pressures at work ?
https://www.ebay.com/itm/1969-Dodge-Charger/324491401849?hash=item4b8d31da79%3Ag%3AyI0AAOSwhHJgLw2L&LH_ItemCondition=3000%7C2500


That said, and regarding the subject Charger....
The Non-original Engine(nor any specifics how or what parts were used), Missing A/C pieces, No mention of a Broadcast Sheet ? nor provenance to ownership, etc., etc., would all tend to detract from collectibility.
IMO,
I believe justification above $50K by even 10% to $55K on this one becomes strictly Buyer driven passion to own it, and not based in appreciation expectations let be monetary recover at resale.
Only wimps wear Bowties !

jefferson

Quote from: Kern Dog on February 26, 2021, 02:38:08 AM
You could care less? Really?  :slap:

I never plan on selling mine so really. Why should I care?
I don't think of how much they are worth when I get in and drive mine.

6bblgt

he's pointing out the phrase is: "I couldn't care less"

if you "could care less" - Why don't you?  :scratchchin:

jefferson

Well
I couldn't care any less  of what kern dog says
He is the Muppet of every forum he is on

AKcharger

Quote from: jefferson on February 26, 2021, 08:29:18 PM
Well
I couldn't care any less  of what kern dog says
He is the Muppet of every forum he is on


:smilielol:

Well, people should care about the correct value of my cars for proper insurance coverage. In fact I plan on getting new appraisals soon.


jefferson

Quote from: AKcharger on February 26, 2021, 08:38:10 PM
Quote from: jefferson on February 26, 2021, 08:29:18 PM
Well
I couldn't care any less  of what kern dog says
He is the Muppet of every forum he is on


Yes agreed. I always like to think of that value in regards to if something happens. Would the insurance payout be enough to get me another.



:smilielol:

Well, people should care about the correct value of my cars for proper insurance coverage. In fact I plan on getting new appraisals soon.



70 sublime

So Kevin are you going to look at the car ?
Is it very far away from your location ?
next project 70 Charger FJ5 green

kevink


Kern Dog

Quote from: jefferson on February 26, 2021, 08:29:18 PM
Well
I couldn't care any less  of what kern dog says
He is the Muppet of every forum he is on

I'm just trying to maintain a decent standard . SOME are happy coming across as ignorant with their speech, others can learn from a mistake and improve themselves.
:eek2:

AKcharger

Quote from: Kern Dog on February 27, 2021, 10:27:37 AM
Quote from: jefferson on February 26, 2021, 08:29:18 PM
Well
I couldn't care any less  of what kern dog says
He is the Muppet of every forum he is on

I'm just trying to maintain a decent standard . SOME are happy coming across as ignorant with their speech, others can learn from a mistake and improve themselves.
:eek2:

I think Kern dog is ok, plus he has a '70 so that covers a multitude of sins

Kern Dog


John_Kunkel

Quote from: Kern Dog on February 27, 2021, 10:27:37 AM
Quote from: jefferson on February 26, 2021, 08:29:18 PM
Well
I couldn't care any less  of what kern dog says
He is the Muppet of every forum he is on

I'm just trying to maintain a decent standard . SOME are happy coming across as ignorant with their speech, others can learn from a mistake and improve themselves.
:eek2:

Maybe you're the one who's ignorant of speech.

"What to Know
Merriam-Webster treats the phrases couldn't care less and could care less as synonymous, both meaning "not concerned or interested at all." "Couldn't care less" is the older and more obvious phrase grammatically, but it has been confused for so long that both are now defined. Additionally, the example sentence "it's impossible that could care less" is the same as the intended meaning. "


Gotta love it when the word police step on their own Johnsons.
Pardon me but my karma just ran over your dogma.

Kern Dog

By that standard, any other misuse of the language should just be tolerated because so many people do it wrong?
Transgender freaks used to be in the shadows too but once the shaming subsided, they are popping up all over the place. Probably an advantage for you, John.
Give up ground, you lose your land.

John_Kunkel


Aww, you're upset again....consider it fully intentional.

Always using the accepted language could be considered a form of "political correctness"; aren't you hard-core Right-wingers opposed to that in principle?
Pardon me but my karma just ran over your dogma.

Kern Dog

Wrong as usual, dipshit. Political correctness was a redefinition of traditional words and expressions, not strict adherence to them.


Challenger340

Quote from: Kern Dog on February 28, 2021, 07:36:44 PM
Wrong as usual, dipshit. Political correctness was a redefinition of traditional words and expressions, not strict adherence to them.

What's a 'dipshit' anyways ?

:popcrn:
Only wimps wear Bowties !

OzCharger69

Quote from: Challenger340 on February 28, 2021, 07:49:54 PM
Quote from: Kern Dog on February 28, 2021, 07:36:44 PM
Wrong as usual, dipshit. Political correctness was a redefinition of traditional words and expressions, not strict adherence to them.

What's a 'dipshit' anyways ?

:popcrn:

I think it's the "oh shit" moment when you pull the oil dipstick and see milky oil.

John_Kunkel

Quote from: Kern Dog on February 28, 2021, 07:36:44 PM
Wrong as usual, dipshit. Political correctness was a redefinition of traditional words and expressions, not strict adherence to them.

po·lit·i·cal cor·rect·ness

/pəˈlidəkəl kəˈrek(t)nəs/


noun

The avoidance, often considered as taken to extremes, of forms of expression
Pardon me but my karma just ran over your dogma.

triple_green

that is a beautiful car, but I don't see him getting more than $50K, because of the non-matching engine. Barrett Jackson and what the plethora of overpriced dealers are "asking" are not the real world. The prices on sales that I can verify are not nearly as high as what is being asked by dealers and flippers on the internet.

68 Charger 383 HP grandma car (the orignal 3X)

BrokenHero

1968 Dodge Charger
383 4 barrel
PP1 red, black vinyl top
Los Angeles, CA

hemi-hampton

Quote from: triple_green on March 01, 2021, 03:01:25 PM
that is a beautiful car, but I don't see him getting more than $50K, because of the non-matching engine. Barrett Jackson and what the plethora of overpriced dealers are "asking" are not the real world. The prices on sales that I can verify are not nearly as high as what is being asked by dealers and flippers on the internet.




That's what I said, or why I said what I said.

70 sublime

Seller is not going to sell it at a loss
We know he has at least $62700 in it from buying it at the auction
Plus any costs getting it home from the auction
Asking $72500 for it was trying to make almost $10 000 in six months
Can not see the seller taking much less than $70 000 for it after their investment of time and money
Kevin did say it was a private collector

The way these Chargers have been going up in value they can just wait a couple years for the market to get to that point and still make $10 000
next project 70 Charger FJ5 green