Possible project - 71

[Watson16]

Hello all,

Am not a Mopar guy, but have been itching to dig in on a Mopar project for years. A neighbor is selling a 1971 383 2bbl (I'm told matching numbers) for $6,200. The car needs all new glass, new exhaust, new wheels/tires, new wiper motor, new alternator and a few other minor items. Runs and drives. Body is clean. Very little rust. Factory paint (blue) and vinyl top are decent. Interior is good. Suspension is good. Electrical is in good shape. New front disc brakes in the past few years. Factory AC, AM radio, and power steering. Automatic. Motor is ok, but may need overhaul in the future. Clean title. Car has been in CT for 5 years, but previously a GA car. That is all the info I have.

Just wanted to hear thoughts on the pros / cons of the 71 model year and what you think the car might be worth. Is this a project worth taking on at this price? Thanks in advance.

Best,
Ed

[6spd68]

Hi Ed,
  That doesn't sound too bad; from what you've described, you're likely looking at putting at least 10K into it(maybe a little more if you go for a high end paint job).  If that's worth it to you at the end of the day, and you'll enjoy the car; I'd say go for it.  If however you're planning on building it to sell, I'd advise against it.  From what I've seen, base 3rd Gens don't typically sell north of 20K, and usually hover around 18 top end.  (Sure there are some 30K examples, but they're 440 cars, and are they selling for that?)  

I'd say the car sounds pretty right for the price.  If the guy will take 5500, you've got some serious consideration.  

You may want to check this thread to guide your decision:
http://www.dodgecharger.com/forum/index.php/topic,120319.0.html

[Watson16]

Thread and your response were very helpful. Thanks so much. $10k sounds about right. There should be some wiggle room on price.

I'm going to read more about 3rd gens and make a decision. Thank you again for your time and consideration.

Best,
Ed

[polywideblock]

hardest part with 3rd gens is finding panels  if its rust free or close to it  you've got a head start