Are 68-70 Dodge Charger Prices Coming Back Up?

[69RT3X9]

I was reading an article in the latest copy of Hagerty Insurance magazine that talked about how General Motors A-Body prices have climbed back up above their 2007 high prices.  It got me thinking, "Has the re-sale value of my 1969 Dodge Charger back up again too?"  Based on what I am seeing, it appears the value has increased from the market lows in 2009, but it doesn't seem to be as high as they were back in 2007.  What do you guys think?  Are 68-70 Chargers following the GM A-body trend?  Thanks!

[myk]

Did they ever go down? 

[Charger-Bodie]

Well done Chargers have never been down and will always demand big money.

[Dino]

Agreed.  The overinflated prices of 05-07 make it seem prices were down afterwards, but they were merely back to their norm.  The value of these goes up a bit every year really.  Remember you would find a few dozen 2nd gens on ebay at any given time?  Those days seem to be over.  We are also seeing more protouring cars that demand a much higher figure and many prospective buyers simply can't afford those, so they offer more for a basket case car because it's all they can find within their budget.

I'm actually curious to see what the prices will be like when the boomers start selling them off.  That could go either way.

[Mike DC]

    
IMHO Mopar values climbed up more than the popular GM & Ford stuff in the 2000s boom.

Inflation screws up the numbers when trying to compare prices more than a few years apart.   2014 prices aren't even fair comparisons next to 2006 prices anymore.
     

           
As for boomers selling, the oldest boomers probably won't bring prices down too much because there will be plenty of buyers waiting.  But when the younger half of the boomers are selling the prices should fall a lot more. 

It's not a question of whether many people in the younger generations will still think these cars are cool in the future - it's a question of how many of them will spend the price of a brand new truck to get one. 

[69charger2002]

I think charger projects spiked to a high in 2005-2007, and from 2009-early 2013 they were down some. Now they seem to be at 2007 levels or just above. Nice 68-70's on the other hand, have never really gone down. They may have leveled off some over the last few years, but a pretty nice driver could have been bought for $20k in 2007, where not 20k wont buy you much of a done car.

[Mike DC]

 
The prices for "decent drivers" have inevitably gone up as the cars keep aging.  The amount of work required to make a car "decent" goes up each decade. 

It's finally leveling off now that EVERYTHING on/in the car has to be overhauled at least once.  But that issue was worsening steadily from the 1970s to the 2000s. 

[twodko]

What Myk said.

[Baldwinvette77]

If they went down, i never noticed, have always been looking for one, Personally never found a car i could afford, Saw great deals, But still too much money 

[don duick]

maybe a few more  movies showing the charger may help keep it in the spotlight and influence value. Does anybody think the charger being a star car helped with its current value? 

[Cooter]

With AMD, I can see 2nd gen Chargers built off Coronet/satellite platforms.

[TUFCAT]

With AMD, I can see 2nd gen Chargers built off Coronet/satellite platforms.

I know a guy who's building a Barracuda from a B-body platform using AMD parts....and its a 4-door!  

[6spd68]

If they went down, i never noticed, have always been looking for one, Personally never found a car i could afford, Saw great deals, But still too much money 

Agreed, you got into the game early though!  I was in the same boat 10 years ago.  (I'm 29 now, damn I'm old  )  Only I went the affordable route, bought a Ford, and built it into something crazy.

I will say this though, since buying my Charger, I take great comfort in knowing that at any moment I could likely get everything I put into her back out.

[keith88]

When i was teenage i bought my 1st charger (70) for $3500 sold it for $2000 couple years later. Just bought a 69 a few mouths ago that looks nice need some work and paid $25,000  Kind of think i paid to much but expect it to be worth the money with in a couple years. Im 50 now!

[indreams84]

I paid $35,000 for my numbers matching 99% restored 69' Charger R/T last month....needs some very minor weatherstrip work but I feel like I definitely paid under current market value. I always wanted one so it was worth it to me at 29. Who needs a brand new Ram 2500 anyways.....

[Kern Dog]

With AMD, I can see 2nd gen Chargers built off Coronet/satellite platforms.

If I didn't already own one, I'd consider this. Pretty daunting task but what the heck.

[six-tee-nine]

It would'nt surprise me if they go up again.

I bought in 2006 when prices were trough the roof. They seemed to have dropped a bit since then, but dont forget that in another 2 years 2006 is already 10 years ago.
Compare the prices of 2006 with those of 1996, and then the ones of 1986.....

Maybe not as fast as you would imagine, but prices will only keep going up.

[Patronus]

I don't generally follow the price so much as the availability. The number of Chargers for sale has steadily declined. Look now and you'll find 10. I can remember seeing 20-30 for sale. Supply and demand baby... Less cars = more $

[toocheaptosmoke]

Add all those "flippers" into the buyer's pool, and the proportion of available cars to buyers gets even more sparse.   

[Ghoste]

 

[crj1968]

It's not just chargers it's all musclecars.

Whats a flipper?   

[Dino]

More of a shock to me than mopar prices is how high prices can go for a car that you didn't want to be caught dead in when they were new in the 60's.  WTH is up with that?  I watch the Mecum auctions from time to time and I just don't understand how some of these cars can fetch so much money.  Not all old cars are classics for crying out loud!

Rant over

[Cooter]

One man's junk is anothers dream car.

[Dino]

One man's junk is anothers dream car.

Absolutely true Cooter, but is the demand for these run of the mill cars really that high to justify 6 figures for an old Fairlane or something?  It just seems out of proportion to me.   

[Cooter]

 Whether it's a more popular car that everybody drove and rusted, wrecked, or simply crushed, or some mundane model that didn't sell very well, supply and demand is still in the same place.

With EBay now, there's simply NO REASON for anybody to have to use what we used to back in the day when stripping and shipping cars.
"Sh*t, ain't nobody gonna buy this turd. Better off crushing it"