A restored 69 Hemi charger 4 spd in red that only bid to 50k? UPDATE

[1969chargerrtse]

http://cgi.ebay.com/ebaymotors/Cars-Trucks___1969-dodge-hemi-charger-RT-4-speed-dana-real-deal-XS29J_W0QQitemZ170266152305QQddnZCarsQ20Q26Q20TrucksQQddiZ2282QQcmdZViewItem?hash=item170266152305&_trkparms=72%3A727%7C39%3A1%7C65%3A12%7C240%3A1318&_trksid=p4506.c0.m245

Whats this world coming to?  No one here thought it was worth more?

[y3chargerrt]

Yeah and that was before the market tanked 18% last week!

[69_500]

There are a few things holding that car back from getting any decent amount of money.

#1 non numbers matching
#2 has had radiator core support replaced meaning at one time was some pretty extensive damage to the front end
#3 no build sheet (not that big of a deal but when its there it can be a good selling point)

Personally I think that the $50K is a bit low, but with the market on cars being soft right now, and the stock market and the housing market in the tank, I don't think that is too far out of wack though.

[hemi68charger]

From the looks of it, I'll be keeping my hemi Charger unless the Daytona sells for a lower price as well.........    

Gotta laugh at myself for this saga.....   

[y3chargerrt]

I was watching one of the auctions on tv. Not sure which one but not B-J. A nice lemon twist 440 auto Superbird went for 78K! Not sure if it had any issues but was shocked at he prices. God I wish I had the cash to buy a few more cars now.

[A34]

Yeah, I saw that. I bid on it, knowing it would never meet reserve. But a guy can dream !

That car did have some issues as mentioned above and some other stuff that indicated to me, it probably wasn't the highest level restoration. But, for $50K (after I put it on a frame machine)......I'd probably pull the trigger on that.

[Ghoste]

We have another auction coming up in a couple of weeks in Toronto, it`ll be interesting to see what happens.

[Mike DC]

A 1969 Hemi Charger R/T, factory red, 4spd, Dana  . . . that's about the perfect list of price-raising statistics you could come up with for a car.  And the motor doesn't have the matching numbers.  And the rad isn't original. 

All that adds up to a lot of reasons to question the integrity of the car.



I'm not making accusations, but I'm saying that rundown of the situation may be scaring off buyers just at the sound of it.  Just reading the ad, I can't help but think, "Well, it's already a swapped drivetrain, and a partially swapped unibody too.  And all that is just from the official story we're getting."

[Ghoste]

You`re thinking it could be rebody?

[68 CHARGER R/T]

that's what i don't get. yesterday i was watching B J and they had a 69 charger 500 with a hemi  and it auctioned off at 175  i know it's more rarer that a 69 hemi 4 sp but for 50 seems pretty low.

[nakita7]

I know, it's awesome. There are a couple more cars I want to buy in the next couple years, and prices need to adjust quite a bit more. There is only so much money a person makes in a lifetime and there's no point tying too much of it into a vehicle, there's other things in life too...

[69_500]

that's what i don't get. yesterday i was watching B J and they had a 69 charger 500 with a hemi  and it auctioned off at 175  i know it's more rarer that a 69 hemi 4 sp but for 50 seems pretty low.

If your referencing the car that was auctioned off this spring at BJ for $175K then you would honestly be comparing apples to oranges. The green HEMI 500 was impressive. Its not a 100% OE car, but it is numbers matching, it was restored back to stock specs, and it has under 1,500 original miles. Granted it was green which isn't as commanding as a red car, but it is the right color for that car. There were no questions about that cars past either. And like it or not but a HEMI 500 is rarer than a HEMI R/T by I think about 1:4 ratio. 115 HEMI 500's total, somewhere around 450 HEMI R/T's if I'm remembering correctly. I'm sure Gene will chime in with the right number for HEMI R/T'.s

[Ghoste]

According to GG's White Book, it's 461 with Canadian orders in.

[Hemidoug]

Guys!!!! It's ONE auction on ebay. What makes you think ANYONE was serious about buying it? Nothing is moving right now....don't make the mistake of judging the entire collector car market from one ebay ad......Some cars are going to go cheap if the owners are in need of cash...most will wait out the storm. Is it a good time to buy...yep. But it doesn't mean that prices have dropped across the boards. If someone came up to me an offered 50k for mine I'd tell them to get bent.......Just like everything else...it's and up and down cycle. Right now the smart money is going back into the stock market and real estate, not collector cars.

[Mike DC]

 
BTW, I was not trying to suggest foul play with the car in the ad.  I was just trying to point out that the car's numbers condition, although it might very well be the real one, sounds suggestive. 

Fake or real, it sounds iffy enough to possibly discourage bidding.  Are you gonna pay "real Hemi car" prices for this one?  I would not.  Even if we're only gonna count the really big chunks, it still sounds like you're buying a combination of at least three cars.  And the Hemi pedigree is split among two of them. 

[greenpigs]

   My Charger is a toy not a rolling retirement account and I don't mind the prices dropping down some. If it goes low enough I might be able to get an 68 RT for my son.

[1969chargerrtse]

Let me say this.  #'s or not, radiator support issue or not.  If I had anyway to get up 50K, it would be in my garage and someone else would be driving around in my Charger.

[Mike DC]

Yeah, it should have been sold for THAT money, I agree.



A year or two ago there were 440 cars selling for that. 

 

[Hemidoug]

Yeah, it should have been sold for THAT money, I agree.



A year or two ago there were 440 cars selling for that. 

 

It didn't sell because it didn't hit the reserve....

[Chris G.]

A year or two ago there were 440 cars selling for that. 

Some are still getting near that, but they need to have all the right stuff.

That '69 must have a history that many people know about.

One thing I have learned in this hobby is, more than likely any Hemi car is known by most high end collectors well before us "normal" people even hear about it. If it reaches the realms of ebay, that usually means it's been passed up by most of the people "in the know". 

[gtx6970]

using EBAY as a real world value minder is ludacris.

1st - you have no idea what the high bidders actual bid was unless the sellers  reserve is met or someone bumps it up
2nd - shill bids happen ( believe it or not )   WAY to often to use it as an accurate selling price
3rd - never buy something of this high a value without FIRST seeing it in person

my 

[Ghoste]

Chris is right, the big wallet crowd had an "in the know" network before there was ever an internet and it still exists today.

[Hemidoug]

Chris is right, the big wallet crowd had an "in the know" network before there was ever an internet and it still exists today.

Oh...I don't think the "in the know" crowd knows about every car out there.....I wouldn't know who to contact in the "in the know" crowd if I were to sell any of mine.

[Chris G.]

Oh...I don't think the "in the know" crowd knows about every car out there.....

Doug, they know about your car.

Trust me, if you find a super rare car behind a barn, chances are it's already been discovered. If it wasn't discovered by someone "in the know", the % numbers say it will filter through that community first.

[Ghoste]

I don't mean that they know about every car, only that they have been networking for a long time.  To be fair, they are only more lately getting into the musclecars anyway which is why the guys like yourself who bought them before they were precious garage keepsakes reamin unknown to them.  By the same token though, we don't know that this auction car is like that, it may have been on big wallet radar for several years.  Or not, it's all conjecture.