Listed 69 Daytona for sale

[nascarxx29]

As Troy mentioning the extreme amounts of dollars for hemi cars mainly the ebodies.When you look at it as this.A hemi car was a motor option to a existing platform car and the prexisting developed in 1964-1971 426 hemi engine retrofitted in.Along with reinforcements where as needed.You take in the amount of wind tunnel research aero engineers.Sub contractors like creative industries.That made the special required aero body parts...You end up with a specialized nascar factory built car in limited numbers for competetion on the race circuit. How many hemi ebodies took the checkered flag and earned there pedigree race after race.The only claim to fame to the high priced hemi ebodies is lesser numbers of them were made .If they made only 7 to 9 daytona superbirds total production followed along by its racing heritage.They would probably would be as high as the later hemi ebodies as they command today

[nascarxx29]

Its a dilema to choose between your favorite car.And home shopping.We may have come up with a idea thats been done before to remedy the situation

[daytonalo]

Lets get to work !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[Aero426]

Troy take it easy , I never said anything about making a profit or too much profit... ,

Not a bad profit , I heard the car was bought  for about half of what a new 426 crate Hemi sells for , back in the late 80,s

Ummm....  just in case you forgot what you typed the other day.    If that wasn't a thinly veiled shot at Dave, I don't know what is.   

[Charger_Fan]

I forgot all about that Super-camper-bird!

[nascarxx29]

That R Myers car was around when I lived in TX

[daytonalo]

WONDER WHO THE NEW MYSTERY MEMBER IS ?

[wingcars6970]

I see we have a new member welcome Mr psilak

[daytonalo]

What is your uncle's first name ?

[69Q54spdcharger]

Hi Nascarxx29-- I actaully   thought your car was a great canidate for a resto--having all the paperwork and 1 owner history's very valuable but that really adds little value ---it just makes your car more attractive to buyers cuz they know its would be easier to sell. Again its a great piece,  but it needs a easy $60-80k for the correct type of resto--and please remember that as with the housing and stock markets collectables like your piece fluctuate accordingly. I think you should sell the car real soon because the market for these cars will not correct itself for at least 3-5 years. It`s dropping dramatically every day, just look at the increased inventory.  Remember what was driving the market were  all the dealers, and the auctions that are rigged just to inflate the price of all cars including Daytona`s.People have caught on and thats why your car stopped at $88k.  My point is --is that your car is very rusty and needs alot of work, come on , 150k for a rusty car, in a declinng market is crazy--are you on crack. 
 

[daytonalo]

I think a jay Leno type would have no problem paying that for his car , it is an awesome unmolested specimen ! If it doesn't sell Dave , my offer still stands . Larry
     

[hemigeno]

My point is --is that your car is very rusty and needs alot of work, come on , 150k for a rusty car, in a declinng market is crazy--are you on crack. 

68fourspdcharger...

If you don't like the asking price, don't pay it.

Leave the insults for another board.

Consider this your last warning.

[nascarxx29]

I sought advice from many mopar based individuals in this hobby and mopar sources that currently own and have owned several wingcars.And they had seen my car and suggested not budging from the figure we arrived at.

I also seen a daytona sold on ebay that was burnt to the ground.That was bought for $40K.And if it only required a $60- 80K resto..Which is not very likely at it was carcass of a car.You would be at $100.000 -$120-000 .Know factoring that your figures only includes paint and body etc metal work .I see additional expenses if these details are not included in your estimate ranging from 1/2 of year ones catalog refurbishing items .Emblems tires seals chrome exhaust etc.Before engine trans brakes susp parts expenses .

Then there another one on ebay last I looked it was reaching $80K mark

This is an original 1969 Dodge Charger Daytona.  It is an original 440, 4 speed Dana car with 354 gears.  The {{{440 is no longer in the car}}}; there is now a 426 Hemi in its place. The dash tag, fender tag, front radiator support, and rear trunk lid numbers are all matching.  The {{{{Broadcast Sheet or Build Sheet, as some call it, is no longer there}}}.


This one was $109.00 K.Give it a $80K resto.$189.000.It was seen and given this review at the mopar nats

chargervert
Full Member

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Posts: 465


  Re: DAYTONA HOODS ?
« Reply #31 on: January 12, 2006, 06:01:29 PM »   

--------------------------------------------------------------------------------
Hey Geno,I looked that Daytona over,at the Nats. I have fixed some rusty New England Chargers,over the years,{{{{{but that one is a little scary}}}}! It's not that it is not restorable,but not only do you have to deal with the rust issues,but you also have to undo the major hack job,that was done to the car! I think the more that you get into it,the more hacked things you would find! The only thing scarier than the thought of restoring that car,was the {{{{six figure asking price!}}} That scared the hell out of me!


My car has never been assessed to be a rust bucket.As I would define a worst case scenerio rusty mopar .Having to have required floors and structual rust is what I define as major.Which issues it doesnt have or ever had .Typical mopar trunk leaks to trunk floor battery tray common area from venting acid fumes from battery.And exposure surface rust from where paint came off is the only issues I see that need attention   

[69Q54spdcharger]

Their not insults, their cold hard facts. Sorry bout the crack comment. That was not nessessary.

[BigBlockSam]

i really dig your car. you don't see unmolested wing cars like that around any  more. when i saw your car come up for sale on ebay. i went through my finances and quickly realized that, again , this wing car was out of my reach. don't give up. timing is everything on ebay. put it up again. you'll get your price. Rene

[hemigeno]

Their not insults, their cold hard facts. Sorry bout the crack comment. That was not nessessary.

Of course not all of what you had to say was an insult.  However, it is a huge stretch to classify all your comments as "cold hard facts".

Some things are a given.  Dave's car has rust issues.  Are they major?  Probably not.  Will it take a lot of time, effort and money to fix them right?  Yes. 

Much beyond that, a lot of what you had to say earlier is speculation on your part.  If you have a crystal ball and know exactly what the future holds, there are a lot of other questions I would ask you besides what the price of a Daytona is going to be in 3 to 5 years.  You have to admit that it is your OPINION (not a cold hard fact) that the market for Daytonas is "declining".  It may be declining some at the moment, but that does not mean that it is not going to spike right back up.  My comment doesn't mean that it WILL spike back up.  I don't know, and neither do you.  We're all entitled to our own opinions, but they shouldn't be passed off as "cold hard facts."

The problem comes in when a guy is castigated for an action he takes (in this instance Dave listing his car for sale at a price he feels is warranted) based on someone else's opinion of that action.  Only two people are involved in determining what the value of any object is:  The buyer and the seller.  Everyone else is just a spectator, and that includes myself.

You stated earlier that the history and paperwork added little value - but that just means it adds little value to you (again, just your opinion).  There are a LOT of collectors who consider such history and paperwork to be extremely important in high dollar car sales.  PM me and I can give you names of some such buyers if you wish.

I would ask you a question - are you trying to cast stones in Dave's direction, hoping to influence him to lower his asking price?

I am looking for a solid 68-70 charger 440 4speed with documentation and all numbers matching. I am also interested in a 70-71 cuda or challenger 4 speed with all numbers matching and documentation. What I am really searching for is a 69 Daytona 440 automatic or 4 speed that has all numbers matching and has documentation. I will buy it either unrestored or restored. Also, if anyone happens to know of a 70 superbird, limelight green, 4speed with documentation and numbers matching please let me know. If anyone knows of anything for sale, please let me know. Thanks for all the help

[69Q54spdcharger]

True, but the market is declining, and you can tell just by looking at how many cars are on the market. And on the quote, i dont want a rusty one that needs a total restoration, i want a survivor car. So, Im not saying that i am trying to lower his price. 150k for a rusty wing car is quite high, ask any mopar expert.

[BigBlockSam]

There are a LOT of collectors who consider such history and paperwork to be extremely important 

i passed on a bird because it had no buildsheet , fender tag or documentation. i think on wing cars thats very important. thats the whole thing with them there history. Rene

[hemigeno]

True, but the market is declining, and you can tell just by looking at how many cars are on the market. And on the quote, i dont want a rusty one that needs a total restoration, i want a survivor car. So, Im not saying that i am trying to lower his price. 150k for a rusty wing car is quite high, ask any mopar expert.

There are always a number of Daytonas for sale at any given time, so it is hard to draw any conclusions from that factoid alone.  You can look at past issues of the WingedWarriors newsletters from as far back as the mid '70s and see that the cars do change hands regularly.  Personally, I don't view the number on the market as abnormally high or low.  There does always seem to be a flurry of Daytonas that hit the market right after the B-J auction, although I do agree that most of those cars do not seem to sell.  A whole lot of "collector level" cars trade hands privately and we never get a true glimpse of their values.  My guess is that these private sale prices do tend to have an impact on auction sale prices, since some of the same deep pocket collectors are regulars at the circus-type auctions.

The asking price of Dave's car may seem high to you, but that opinion is colored by what your estimation of the Daytona marketplace is and what direction it is headed long-term.  Others may disagree.  Would you pay $150k for a '71 Hemi Cuda Convertible in the same condition?  I personally know a gentleman who sold a '71 Hemi Cuda convertible for seven figures.  Did he sell his car for a reasonable price?  Depends on your perspective.  If you think $1,000,000+ for a car is too high a price because you wouldn't pay that much, then my friend got a really good deal when he sold it.  If you consider that the market is now at least 3x higher than when he sold it just a few years ago, then he got a really bad deal when he sold it. 

My point is, you consider the asking price of Dave's car too high based on what your expectations of future Daytona prices are.  That brings us back to my original reply to your posts:

If you think it's too high, don't pay it.

Oh, and Dave's car is a survivor.  The pool of cars that will suit your defined tastes (original/unrestored/survivor, numbers matching, with documentation) is extremely small, and I think you will be disappointed when you see the asking prices of the ones who do fit your criteria.  They will probably be priced much higher, since there are so few of them still left and fewer yet actually for sale.  Elmer Duellman's Green/Black Daytona with 600 something miles on it is probably still available at $675,000.

Good luck with your search, no matter how it turns out.

[hotrod98]

There are a LOT of collectors who consider such history and paperwork to be extremely important

i passed on a bird because it had no buildsheet , fender tag or documentation. i think on wing cars thats very important. thats the whole thing with them there history. Rene

But...would you pass on it now?
At this point, if I found a halfway decent deal on a real bird, I would buy it. I'm regretting more and more not buying the Romeo car last summer when I first saw it in Mount Ida, Arkansas. I was just not aware that they were going up in value so fast or I probably would own it now.

[BigBlockSam]

i still have his telphone #. i wonder if he still has the fcar?   

$60000 is alot to pay for a running project.  Rene

[Aero426]

I really don't see demand for Daytonas declining at all.   With only 500 cars available,  there never seems to be a glut of them on the market. 

[hotrod98]

People that think that there will somehow come a time when these cars can be bought cheaper are only fooling themselves. Every year...more people...less cars. The demand can only go higher as will the price. The only possible way that these cars will go down in value is if there is a depression. In that case no one would have the money to buy it no matter how low the price goes. I think our main priority at that point would be food, clothing and shelter, not daytonas and superbirds.

[Aero426]

The other thing is that in the event of an economic downturn, those who are well off tend to be affected less.  I realize I'm stereotyping here, but the well heeled musclecar owner isn't likely to be sent into the bread line.    Divorce or death are more likely scenarios to cars coming on the market at a discount.

[OneBadSuperbird]

I was sent the link to this thread and just spent the last thirty minutes reading through it.  All's I can say is that was thirty minutes I'll never get back.  I almost thought I was at Mopa...oh never mind.

Oh, and by the way, $100K max and dropping for the car in today's market.  $150K is waaaaaay out there.