What's with the price of 69 Charger R/T's lately?

[nakita7]

I don't quite understand this one....

Most prices of Mopars have come down over the last 6 months or so. 3rd gens, E-bodies, Hemi Cuda 'recreations', Wing Cars, etc. I've been looking for a 69 RT for over a year now, haven't found an honest deal yet. (Sorry, I'm good with my money). Last year, most 'done' 69 R/T's were asking/selling for $30-40K, $45 for something special. So now, with gas prices up and rising, economy tanking in areas, all of a sudden somebody with a 69 RT is asking $60-70K? Of course, they don't seem to be selling, but as a person with intelligence, I simply can't figure this out? Anyone else see this lately? 

[69charger2002]

i sure have noticed it. i have a 69 R/T getting a new 440 put in it, and then i'm going to sell it.. have been keeping up with ebay just for value in this market, but i can't get a good idea because they are all way overpriced and not selling..
trav

[1969chargerrtse]

I was telling someone yesterday I have 40k in my 69 RTSE and he asked if I'd be interested in selling it as he has been looking for over a year.  No way!  Some cars are just special and always command good money.  I think that's the case for most 2nd gens and thats a good thing.     I don't follow the other years but it could be the same thing?  Guess what I'm saying is as an owner I do understand it.  Maybe those 60/70k cars are first time back on the market since restorations and that's the type money that was invested in them?

[WingCharger]

Read a old car Trader at Jubilee today, 69 R/T's hitting $65,000 was everywhere. Nothing under $20,000 either.

[JimShine]

How many people that have invested $30K+ into restoring an R/T over the past 5 years really NEED to get rid of them now? The exceptions would be the guys that did it on credit that want to dump the loan. But I believe most guys paid cash for their restos. They can afford to sit on it and wait, for now atleast. If things get worse maybe some will be forced to sell, but I don't think it will bring them all down to reality.

[chargerboy69]

For me, I noticed prices of non R/T cars seem to be higher too. Not all of them, but some I do not understand.


This is a non numbers matching SE car selling for at least $30,000.00. Now it looks like a decent car, but is it that nice.

http://cgi.ebay.com/ebaymotors/Cars-Trucks___1969-DODGE-CHARGER-SE_W0QQitemZ130233396311QQddnZCarsQ20Q26Q20TrucksQQddiZ2282QQcmdZViewItem?hash=item130233396311&_trksid=p3756.m14.l1318


This is the 318 car that needed paint that sold for over $25,000.00.

http://cgi.ebay.com/ebaymotors/Cars-Trucks___1969-Dodge-Charger-Matching-Numbers-Great-Shape_W0QQitemZ170228057386QQddnZCarsQ20Q26Q20TrucksQQddiZ2282QQcmdZViewItem?hash=item170228057386&_trksid=p3756.m14.l1308


Now maybe some of this is just friends bidding up friends cars. Oh wait, people don't do that on E-Bay. 

[nakita7]

There was a white 70 Charger R/T just sold on Ebay for $25000, because it was no reserve. I firmly believe a no reserve auction on Ebay is ACTUAL market value. That's what people are actually willing to pay. 80% of the listings on Ebay don't sell because guys are just playing games. Hemmings, Barret-Jackson, and my personal favourite, NADA Value, don't mean squat for car prices. I'm kind of glad prices are getting better. When you talk to people at car shows, they always say" I like Mopars, but they are just too expensive" It's true. Some of these asking prices are friggin embarrassing to me as an actual Mopar guy, not someone who's into the money end of it.

[Mike DC]

     

         
"What's with the price of _______ lately?"


When you get right down to it, this statement could refer to almost any old musclecar on the planet.  And at almost any time during the last 20 years. 

It's like gas or cigarette prices - There was never a time when we actually were satisifed that they were cheap enough. 

------------------------------------------------------------



Best-ever Mopar + best Hi-po factory options = stupid money.

I really think '69 Chargers are the top of the heap in terms of Mopars.  The Mopar community itself loves the E-bodies more and they are more rare.  But I'll bet the '69 Charger (well, at least the 2nd-gen Charger in general) would win a popularity contest over the E-bodies if you looked at general-population-wide stats.

[daytonakid]

I know what I have in my restored show poodle 69 R/T. It is perfect and done right. You might think I'm crazy but I won't take less than 100,000 for it. I've already been offered 80K for it just recently. I don't have to sell it and it is cool showing up at shows with twin 69 R/Ts. Bill

[bull]

What I have noticed lately is that the high-end 2nd gen Charger prices seem to have finally caught up to and in some cases passed the Cuda/Challenger prices. I think part of it can be attributed to a couple things. One, Mopar people have gotten tired of seeing mostly Cudas and Challengers lined up at shows and want something new and different. The Charger has always been popular but less valuable until recently. Also I think Hollywood has something to do with it. If you count the number of Charger sightings to the number of E-body sightings on the big screen lately I think the Charger is way out in front. Maybe old Mr. Angry has something to do with it too.

[Mike DC]

 
I like E-bodies, but they're overrated by the Mopar hobby because they're our ponycar.  If the first-gen Camaro had been Mopar product too, then we would probably rank the E-body's styling down lower compared to them.


But the 2nd-gen Charger, on the other hand?  They're so totally good looking and fast and awesome even aside from brand loyalty.  There's no GM or Ford equaivalent car that we would automatically be preferring over these things if we weren't Mopar guys.  That's the difference.

[68RT4ME]

Ultimately, the price of any car is whatever someone is willing to pay for it. Take a guy who may have once owed a specific color/engine/trans combo and has the money to spend. He'd pay higher for a car that maybe wasn't in the greatest shape or it's resto wasn't top notch just to have it. If the car is special to someone, they'll pay. I too am in the middle of restoring my numbers matching 440-4spd '69 R/T. I know how much I have in it thus far and what I'd be willing to take when it's finished. I have no intentions to sell but as is the case many times, if someone hits me with the right number, I'd surely think about it. Thankfully, I'm not in a situation that forces me to sell any of my cars right now so, I can say no to anyone till they offer something that would entice me to sell.

I know that in todays market a numbers matching car may not mean much to most but it does to some and I think that would keep the value higher than a non-numbers car IMO. I don't know what percentage more it would be worth but I have to believe it is worth more.

[Mike DC]

         

The numbers matching stuff means more to those who are of the generation to actually remember these cars early. 

For someone my age, "unrestored numbers matching original" has only ever meant that EVERYTHING on a car is probably worn out.  On the other hand, I was also not yet around in a time when everything swapped on a car meant it was probably cheap & amateur.  I've always known "restorations" to result in cars at least as good as they were originally built, if not better. 





And these days the fraud is just too rampant as well. 

Even if I wanted a numbers-matching car, I don't think I would trust the story to be true unless I could verify it with just about every owner the car ever had.  And I'd have to trust THEM, too.

[SFRT]

for me the 'real' value is what the insurance company will pay you if it gets totalled.

my insurance company says my 69 R/T is worth 65,000.00-thats what they valued it at independently...legally binding by contract.... I had figured 25 or 30 grand tops is what they would say...

thats what they will cough up for it in the event of total destruction/ theft. It was quite a bit more than I had expected, so I was very pleased. It is alot more than what I have into the car.

I personally have no plans to sell it ever, so my only concern was at least breaking even if it gets stolen, totalled etc.

plus the value of any future upgrades to the car, as long as I keep all the documentation...which is nice.

[Blown70]

Well I have been watching some Cuda, barrcudas, two have not bid over 22,000 very nice cars and yet the owners wanted 35,000.  I said simply sorry out of my range for THAT car.  They were nothing special.  Sorry They were $20,000 cars at best. 

I have two chargers just have an itch for a E-body.

So, I can TELL you the E-body market does not seem as good.

[hemi68charger]

Ultimately, the price of any car is whatever someone is willing to pay for it. Take a guy who may have once owed a specific color/engine/trans combo and has the money to spend. He'd pay higher for a car that maybe wasn't in the greatest shape or it's resto wasn't top notch just to have it. If the car is special to someone, they'll pay. I too am in the middle of restoring my numbers matching 440-4spd '69 R/T. I know how much I have in it thus far and what I'd be willing to take when it's finished. I have no intentions to sell but as is the case many times, if someone hits me with the right number, I'd surely think about it. Thankfully, I'm not in a situation that forces me to sell any of my cars right now so, I can say no to anyone till they offer something that would entice me to sell.

I know that in todays market a numbers matching car may not mean much to most but it does to some and I think that would keep the value higher than a non-numbers car IMO. I don't know what percentage more it would be worth but I have to believe it is worth more.

  I'm with him................

[challenger70]

How many people that have invested $30K+ into restoring an R/T over the past 5 years really NEED to get rid of them now? The exceptions would be the guys that did it on credit that want to dump the loan. But I believe most guys paid cash for their restos. They can afford to sit on it and wait, for now atleast. If things get worse maybe some will be forced to sell, but I don't think it will bring them all down to reality.

  people aren't financing thier restos with money they need to feed themselves.  People holding out for a big price drop may be dissapointed, especially once the economy turns around.  Time will tell.

[Ghoste]

The ones hoping for a big drop may be disappointed, but the ones hoping to get stupid rich overnight aren't making out so good either.

[Dan T]

True, something is only worth what someone else will pay for it.
But the bottom line is that the '69 Charger R/T is the cat's ass!!
They aint making anymore of them, and with each year, hundreds of new people join the hobby, and it's simply supply & demand.
I told my wife long ago that I will never sell mine, and if I croak before my time, it either goes to my son, or I get buried in it!!

[1969chargerrtse]

True, something is only worth what someone else will pay for it.
But the bottom line is that the '69 Charger R/T is the cat's ass!!
They aint making anymore of them, and with each year, hundreds of new people join the hobby, and it's simply supply & demand.
I told my wife long ago that I will never sell mine, and if I croak before my time, it either goes to my son, or I get buried in it!!

   Friggin A.  Right on brother!

[Mike DC]

I wish like hell they'd make a modern 2nd-gen looking Charger, not because I want one myself so much, but rather for the simple reason that it would draw enthusiast money away from the old Chargers a little. 

It's no coincidence that Camaros & Mustangs are cheaper and they also stayed in production for 40 years. 

[y3chargerrt]

They made ten times as many Camaros and Mustangs then Chargers is one of the man reason they are cheaper imo.

[PocketThunder]

If 69 Chargers get anymore popular i'm going to have to bring my SE parts car back from the grave.    I have a picture of it on here somewhere.......

[moparstuart]

If 69 Chargers get anymore popular i'm going to have to bring my SE parts car back from the grave.    I have a picture of it on here somewhere.......

just give it to me  i'll fix it

[PocketThunder]

If 69 Chargers get anymore popular i'm going to have to bring my SE parts car back from the grave.    I have a picture of it on here somewhere.......

  just give it to me  i'll fix it

I'll trade you for your '69 Truck...        I'll even deliver it.

[moparstuart]

send me pictures   that is very dueable

   on second thought i will have to think about that one alot !

[PocketThunder]

Not an R/T but here is a '69 318 project for a couple thousand bucks.. 

http://cgi.ebay.com/ebaymotors/Dodge-Charger-1969-Dodge-Charger_W0QQitemZ250264001752QQcmdZViewItem?hash=item250264001752&_trksid=p3286.m14.l1318

[BROCK]

Many of the experts that rate the top ten most beautiful cars of all time will include the 2nd gen Charger.  This is in a group
that includes the Mercedes 500K, Deusenburg SJ & Cisitalia!

[1969chargerrtse]

Many of the experts that rate the top ten most beautiful cars of all time will include the 2nd gen Charger.  This is in a group
that includes the Mercedes 500K, Dusenberg SJ & Cisitalia!

Didn't Hot Rod mag do in January "The 100 most influential auto's ever"  and the GL ( 69 Charger as I see it ) was # 1.

[jeryst]

By all statistics, muscle car prices have dropped around 30% since the beginning of the year, and they are going to go lower. There are still good deals to be found. A local guy just sold a restored matching numbers 69 RT/SE 440 for $19k, and the only thing wrong with it was that the paint had some dust in it. I didnt have the money or I would have bought it. Didnt last long anyways. Losing your job really sucks.

[Dodge Don]

The prices on the ultra rare stuff has come down but the regular stuff is holding or growing. We have been tracking 70 Charger prices for about 3 years and I can state absolutely that the average prices for base, 500 and R/T models are all going up every month and have been since we started tracking it.

[G-man]

At the end of the day, you know what they say.

Its only worth what someone is willing to pay.

People can advertise the car for 50 000 but if 25 000 is all they get offered, guess what, its only worth 25.

[1969chargerrtse]

The prices on the ultra rare stuff has come down but the regular stuff is holding or growing. We have been tracking 70 Charger prices for about 3 years and I can state absolutely that the average prices for base, 500 and R/T models are all going up every month and have been since we started tracking it.

Bada bing!  I've said it before and I'll say it again.  I truly understand why.  There are some things that just stand out amongst the others as the best.  There is no question these cars are truly unique and timeless in power and style.  I just increased my insurance coverage to 45,000.00 this week.  Earlier threads say the same, they ain't making em any more and the hobby keeps growing.  These cars have been collected and considered special for over 40 years straight, I hope they keep going up in value like any good investment, and if not I really don't care becuause it's about the love for the car more than the dollar amount.   

[HKCharger]

do you guys think on average the average 69 R/T is priced higher than the 70 Charger R/T?

[Troy]

do you guys think on average the average 69 R/T is priced higher than the 70 Charger R/T?

It's more popular.

Troy

[HKCharger]

wow this is crazy.........

http://www.autabuy.com/Vehicles/Details.cfm?VID=51852

[Charger_Fan]

Here ya go, this '70 might be worth it's asking price; http://www.autabuy.com/Vehicles/Details.cfm?VID=172344

[Dodge Don]

do you guys think on average the average 69 R/T is priced higher than the 70 Charger R/T?

It's more popular.

Troy

And yet less rare and missing all the cool options 

[HKCharger]

Here ya go, this '70 might be worth it's asking price; http://www.autabuy.com/Vehicles/Details.cfm?VID=172344

hmmm, kinda plain, no SE, no R/T.

[JimShine]

do you guys think on average the average 69 R/T is priced higher than the 70 Charger R/T?

It's more popular.

Troy

And yet less rare and missing all the cool options 

Desirability always takes precedence over rarity.

[jeryst]

wow this is crazy.........

http://www.autabuy.com/Vehicles/Details.cfm?VID=51852

That guys dreamin. There's a nice finished RT/SE numbers matching 440 for $35k on the same site.

[charger_fan_4ever]

do you guys think on average the average 69 R/T is priced higher than the 70 Charger R/T?

I wonder  if/when the 70 r/t will take off in value compared to the 68,69 r/t's? About 1/2 as many 70 r/t's compared to the r/t's in 68/69 right?
One would think the 70 being the last year of the 2nd generation, high impact colors and  lower production #'s would end up the most valuable

[1969chargerrtse]

do you guys think on average the average 69 R/T is priced higher than the 70 Charger R/T?

I wonder  if/when the 70 r/t will take off in value compared to the 68,69 r/t's? About 1/2 as many 70 r/t's compared to the r/t's in 68/69 right?
One would think the 70 being the last year of the 2nd generation, high impact colors and  lower production #'s would end up the most valuable

I think it all comes down to what a person is attracted to and nothing more.  Me?  68 is beautiful but I don't care for the tail lights and round side markers and split stripe.  I love EVERY SINGLE FRIGGIN THING!!!!  about the 69.  The split grille, sinister tail lamps, wide stripe etc...   70?  Beautiful car as the 68, but I like the 69 items better than those other years.  I don't care that it's the last or first year.  The one big thing the 70 has over the 69 is the worlds coolest 4 speed shifter, that I wish the 69 had.  Hey you can't have it all.  "Beauty is in the eye of the beholder"  Something like that, and I behold a 69. 

[Troy]

do you guys think on average the average 69 R/T is priced higher than the 70 Charger R/T?

It's more popular.

Troy

And yet less rare and missing all the cool options 

I guess they had to throw gimmicks in there to get people to buy them with that awful front bumper.

I was just making a point. I happen to like the '68 (obviously) but the '69 is still more popular overall. There's more '70 Hemicudas than nearly any other Hemi car yet they are more desirable/popular than everything else. Slant 6 cars are rare but nobody is engaging in bidding wars to obtain them. It's all a matter of personal taste.

Troy

[Dodge Don]

do you guys think on average the average 69 R/T is priced higher than the 70 Charger R/T?

It's more popular.

Troy

And yet less rare and missing all the cool options 

I guess they had to throw gimmicks in there to get people to buy them with that awful front bumper.


Troy

I'll convert you yet 

[Charger-Bodie]

do you guys think on average the average 69 R/T is priced higher than the 70 Charger R/T?

It's more popular.

Troy

And yet less rare and missing all the cool options 

I guess they had to throw gimmicks in there to get people to buy them with that awful front bumper.


Troy

I'll convert you yet 

Somehow I doubt that!   

[Dodge Don]

do you guys think on average the average 69 R/T is priced higher than the 70 Charger R/T?

It's more popular.

Troy

And yet less rare and missing all the cool options 

I guess they had to throw gimmicks in there to get people to buy them with that awful front bumper.


Troy

I'll convert you yet 

Somehow I doubt that!   

You are probably right. But everyone needs a mountain to climb 

[Charger-Bodie]

do you guys think on average the average 69 R/T is priced higher than the 70 Charger R/T?

It's more popular.

Troy

And yet less rare and missing all the cool options 

I guess they had to throw gimmicks in there to get people to buy them with that awful front bumper.


Troy

I'll convert you yet 

Somehow I doubt that!   

You are probably right. But everyone needs a mountain to climb 

Apparently so. 

[nakita7]

I love all 3 second gens. 70's may not be as 'desirable' as a 68/69, but I'll tell you, a 70 in triple black with a red stripe is just plain right, period. A 68 or 69 in the same colour combo just doesn't cut it, sorry guys. Hey, they are all cool, just couldn't understand why the 69's are going up(?) when 68's and 70's haven't, and everything else seems to be coming down.

[Mike DC]

         

Q.  Wanna know what's the best thing to happen to the values of 1970 Chargers (at least the 318 & 383 VINs) in years? 

A.  Decent affordable reproduction 1968/69 front sheetmetal & tail panels.  It'll render 1970 Chargers much more practical raw material for conversions to the earlier years appearances.



(Sorry 1970 Charger lovers, but it's true.)