Need Help Understanding Something.

[70ChargerX2]

someone who will buy it will probably NOT restore it in reality.

It will be sitting in his garage. It is like a dream come true.
The buyer will have a "vision" of how it should look like one day. He will start buying parts. Collecting stuff.
For his dream. For his soul. His Karma.

If he goes to car shows he can say "I have got a a Charger project going on".

The car itself will probably not be redone (finalized being ON the street) as there will probably never be enough money to finish it or he realizes he could have a better car for less and sells it to the next guy with a vision.

Just realize it.
It is the same with a lot of guys who have tons of projectcars but haven't done anything yet with them in decades.
They all hope "one day".
Somewhere in their sixties or seventies they realize it won't happen anymore.

So there is nothing wrong with buying a personal project car if it makes someone happy

Carsten


Oh so very true.
This is why I have replaced all but my 72 in 1/24th and 1/18th Scale diecast by color and year. I know unless someone drops a bucket of money in my lap I will have to be satisfied with the fact that I was fortunate enough to have had the ones I did.
Paulie

[70ChargerX2]

I myself bought a rusty non-running non-RT "numbers matching" Charger that in your eyes is not worth 5K because it needs years of work. Here's why and some of my thoughts on the issue:

- It's still has its original drive-train, and to ME that's worth something;
- I couldn't afford nor did I want to drop 25-30k in one shot for a car I knew nothing about. I'm paying for it as I go when I decide I can. Furthermore, by watching the work being done, I know how the work is being done and by whom.
- I get to build something with my own hands (at least partially) and not pay the entire project out of pocket. That to ME it is worth something and gives a sense of pride. I also don't have other hobbies I'm putting money into. It's a hobby that keeps me home.
- I get to save a classic car that would have otherwise become recycled eventually. 
- Someone commented about "dreamers" who don't finish the project...Mine is well underway, it won't take 15 years. I've wanted to do it for the challenge and I'm doing it now nights and weekends when I can.
- I'm in Canada...2nd gens to pop up as often as they do down south of the border.
- The market dictates the price based on supply and demand, so if the 5k rusty car sells (i'm sure it will), there are more people that think its worth it than those that don't.
- Someone mentioned not having a "clue" about what it takes to restore these...I have a clue and decided (for the reasons above) that I still wanted to do it. 
- If nobody paid to save the rusty ones, there wouldn't be any restored cars and the survivors would cost 2-3x as much. The aftermarket/repro market would not be as healthy as it is either.

Signed...someone with a rusty restoration under way and who probably paid "too much $". 

My thoughts, exactly.

And you my friend are why there are still Chargers being saved which is awesome. My only point to my question was is the price of $5,000 for the rusty 70 being held up because of the term Numbers Matching. Trust me my last Charger I owned was a Michigan Rust bom that i drove every day and loved every minuet of it so you just take your time on your project make it look great and keep it in the family.
Paulie

[6bblgt]

$10K  

[wingcarenvy]

I am sorry to tell you guys that its worth whatever someone will pay.....and that is 10K. Its a 383 hipo SE Charger 500 with good documentation. Its a shame a flipper got it and now its priced out all the way. It would be better if someone could pick it up for 2k. These cars never make dollars and sense to restore, you almost always end up upside down and if you do the work yourself you usually are doing it for free. These things are a labor of love. Project cars are more expensive because the average Joe can buy in and slowly put money into it. Not everyone has 50K for a 318 Charger with big wheels. I personally have seen several of my buddies, including myself, bring cars like these back. To those of you who say it won't be done, well thats your perspective. From my perspective this thing will be killer one day.

[Daytona R/T SE]

$10K  

It might be time for me to clean out the barn.