1968 Dodge Charger R/T asking price vs reality

[kevink]

I know this a common question on here about different cars. I am looking at another 1968 Charger R/T that is for sale. It is a solid driver. I can buy it for $37,000. It is a 1968 automatic, All numbers car with a little rust issues (that can be seen). There is a lot of knowledge on this site. I am just curious of what you think these cars are gonna do in the future? Are they bringing that kind of money now? I paid $20,000 about 6 years ago in about the same condition. Just any thoughts or knowledge from some of you historical Charger owners will be greatly appreciated.

[hemi-hampton]

I don't think a $20k car has jumped up or increased another $17k or almost doubled in 6 years. It's just that Asking Prices lately has far outseeded reality. Did I spell that right? LEON.

[cdr]

A solid good driver 68 RT Charger will bring 40k, no problem. although, color can make a HUGE difference in how fast it sells & for how much. Was the car 6 years ago a real RT ? Color ?

[kevink]

Yes, it is an all numbers matching 4 speed with all the documentation from the original owner. It is the exact color combo as this one in the post above.

[cdr]

if its a nice driver 37k is a good deal

[birdsandbees]

Kyle's car? If so looked darn solid...

[kevink]

The SS1 paint with Black top is my favorite combo on the Charger but how is the resell/value of that combination?

[Kern Dog]

I don't think a $20k car has jumped up or increased another $17k or almost doubled in 6 years. It's just that Asking Prices lately has far outseeded reality. Did I spell that right? LEON.

I think that you mean "Exceeded" or "Outpaced".

[1974dodgecharger]

Back in 2012 I was offered a 69 charger with non matching 475 hemi in it asked only 16k I turned it down....in 2019 im sure it be like 50k car now.

[XS29L9Bxxxxxx]

I remember selling a 68 Charger for $3k and glad I got that. Today, it would be an $18k-$20k car.

[Challenger340]

I know this a common question on here about different cars. I am looking at another 1968 Charger R/T that is for sale. It is a solid driver. I can buy it for $37,000. It is a 1968 automatic, All numbers car with a little rust issues (that can be seen). There is a lot of knowledge on this site. I am just curious of what you think these cars are gonna do in the future? Are they bringing that kind of money now? I paid $20,000 about 6 years ago in about the same condition. Just any thoughts or knowledge from some of you historical Charger owners will be greatly appreciated.

Predicting any market is at best a crap shoot ?
that said,
the 2nd Gen models are very recognizable, and have garnered popularity as desirable/collectible with subsequent generations well past the boomer's up to and including some Millennials, which should bode well for valuations "relative" anyways within the musclecar thing for the next decade.

I also believe, just my opinion, and no differently from many other asset classes over the last few years..... the separation between asking prices versus actual Sale prices has widening substantially.
Can't speak intelligently to the socio-economic factors responsible for the price separation, other than to say IMO it may have to do with the historically LOW interest rates over the historically LONG periods we've seen ? which has affected both sides of the equation being Savers who get DIDDLY on the money in the Bank(might as well keep the car) and Borrower's who may spend extra to get what they want because carrying charges are equally diddly ?
Nonetheless,
FINER or "rarer" examples as Collectible within the models available DO seem less affected in the asking/actual sale price separation to retaining equity.

You mentioned some minor "rust" common the Charger's present on the subject car ?
THAT all by itself should dictate some sober thought around BOTH equity protection if left alone ? and.... a decision at the outset prior to acquisition on a course of action(repairs or leave alone), very simply for obvious reasons related the slippery slope that can entail.
All that said,
$37K for a '68 R/T I would think is a safe and patent investment relative to inflation for the foreseeable future.

[hemi-hampton]

You guys might of missed this part?

"car with a little rust issues"

How bad are the Rust Issues? Rust issues can cost you many thousands of dollars to fix. could need new Trunk floors? rear Frame rail's, Trunk extension? Floors? lower 1/4's? ect, ect. LEON.

[cbrestorations]

I don't think 37k is out of reality...the title makes 37k seem delusional. I've seen non r/t survivor cars sell for more than that recently. Think of it this way...if he put that charger on eBay, as a buy it now for 37k would it sell? If you feel you need to hit that button at risk of someone else getting it then I guess it is worth 37

[chargervert]

Anyone who has shopped for a 68 Charger R / T these days, knows what the prices are currently.  The asking price is not out of line with the current market.  Hopefully you can use the body issues to get the price down a few grand, and the car would be fairly well bought under 35k.

[jefferson]

Ill tell you now, a 68 RT will easily pull 40k.
ID know, i bought one this time last year
Honestly from scrolling every day, anything under 40k id closely examine.
Mine was within that vicinity, wont say exactly how much but not far nor from 40k and its a 68 True RT 440 and still had to have a few K invested into it when i got it to make it all road worthy and ready.
so imo 40k yes will pull a very nice RT 68 like mine was and is 

[jefferson]

I don't think a $20k car has jumped up or increased another $17k or almost doubled in 6 years. It's just that Asking Prices lately has far outseeded reality. Did I spell that right? LEON.

If were talking about a 20k car 6 years ago that was a turn key driver and nice car then yes, expect it to have doubled.
Now 20K will get you a project. Easy.

Ive followed the charger market since about 2014, although this was here in Australia. In 2014 a 68 charger here sold for 28k AUD, then in 2018 it sold for 45k AUD. It was exactly the same car too as i recieved a phone call asking if i was interested in buying it. But for a bit of extra cash and importing straight out of the states i was able to get a bit of a better deal.

[chargervert]

Unfortunately Leon sold his survivor 70 Charger R / T  at the wrong time to get top dollar.  It happens, it happened to me with an A12 Superbee and a 71 Barracuda convertible.  The market has changed and will keep changing all the time.  I sold my A12 Superbee for $8800 and thought I made a killing on it, a year later they were selling in the mid twenties, and now I can't afford to buy one ! Who knew!

[darbgnik]

Unfortunately Leon sold his survivor 70 Charger R / T  at the wrong time to get top dollar.  It happens, it happened to me with an A12 Superbee and a 71 Barracuda convertible.  The market has changed and will keep changing all the time.  I sold my A12 Superbee for $8800 and thought I made a killing on it, a year later they were selling in the mid twenties, and now I can't afford to buy one ! Who knew!

I wish I was frequenting this site when Leon sold his car.... even though I already had mine, I would have bought his....

[Challenger340]

Unfortunately Leon sold his survivor 70 Charger R / T  at the wrong time to get top dollar.  It happens, it happened to me with an A12 Superbee and a 71 Barracuda convertible.  The market has changed and will keep changing all the time.  I sold my A12 Superbee for $8800 and thought I made a killing on it, a year later they were selling in the mid twenties, and now I can't afford to buy one ! Who knew!

I wish I was frequenting this site when Leon sold his car.... even though I already had mine, I would have bought his....

Myself and others who frequent this Site, sat around here utterly dumbfounded when Leon was selling his '70 R/T and nobody was biting at that price ?
I mean if it weren't for most of us already having Charger's, I'm sure many including myself seriously contemplated BUYING IT for no other reason than it was UN-replaceable in THAT condition for THAT price anywhere.
It was ridiculous to watch, easily worth IMO, half again as much over what I think it eventually Sold for, and probably more ?
No Salt in any wounde intended.....
just say'in.... sometimes sentiment of Buyers in any market can do strange things ? someone got one helluva deal on that one !

[chargervert]

I agree, especially when you see project cars selling for the same money these days!

[hemi-hampton]

Like Challenger340 I was dumbfounded also, thought I was giving it away at a good deal & had people offering me $15k or $20k or $10k & a Harley or Camaro & Money, ect, ect. A few people in hear wanted it but either had no money or were tire kickers. The only Serious buyer I would of Sold it to was Brian in here, everybody knows him. But right before he contacted me My Mom tells me tells me she is selling Her $300,000 house & us 3 kids can split the 300k 3 ways. $100k each. So for a short time was in no rush to sell. As time went on it looked like that was never going to happen so was more likely wanting to sell. To sum it up, what really happened was my $30k in debt would of cost me $90K with interest by the time I paid it off. so costing me $90k to keep my $30k Charger. I paid off the $30k after I sold the car after I already paid $30k in Interest so saved my self $30k but cost me $60k to have the Charger sit in my Garage for years. LEON.

[Homerr]

I'm not dumbfounded at all at Leon's problem selling his Charger.  He only had a couple of pics online and it was noted as a damaged car.  No pics of the damage. Major error #1.  I suggested several times to him that he put up an album and more photos.  And that he fix the damage.

Leon is a body guy, but isn't fixing his Charger???  Come on, should have just fixed it and it would have been a zero problem car.  High dollar =/= problem car.  Major error #2.


I wish you could have gotten more Leon because it is a cool car, but I think in the end the price matched your motivation level.  I might have sounded like one of the  tire kickers to you but if it had been a 4 speed car I would have gladly paid your price and drove it home with the damage.

[hemi-hampton]

That website I had my Charger on only allowed limited pics & words in Description. But you wouldn't know that. Website also would not let me make any changes to ad. Damage Clearly pictured in Ad. Here's a pic of it the day I sold it with all that damage on front end, wow, look at that nasty dented fender. whatcha expect for all original paint, original 24,000 miles, 100% rustfree California car & all #'s matching for only $29k. LEON.

[INTMD8]

I vaguely remember that car ^  Don't know why I wouldn't have jumped on that. Looks like a good PDR guy could have probably brought that back with no paint work. 

[Homerr]

Yes, the internet only has one place to post 3 pics of your car to sell.