MOPAR Muscle Sells BIG: Classic Car Update
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- Опубліковано 16 вер 2024
- Are classic cars really a solid investment? What factors are influencing prices in 2024? Join us as we analyze trends, and reveal the myths surrounding the Classic Car Market.
How much would you pay for a Dodge Daytona?
lol no thanks. You’d have to pretty much give it to me. Nothing but a burden. Gotta worry about it every second…..
Would much rather have a 69 coronet or satellite, with a 440, 6spd manual. Take it out and pound on it and have fun. And that’s becoming a lot more common.
@@backyardbarnfinds i wouldn’t buy one. What are you going to do with it set an look at it. I’ve had them all GTOs mopars, mostly Chevys most big block with 4speeds. I drove then an enjoyed then. I don’t mind paying 40 50k for something I can enjoy.
Give me a 68-69 Superbee anytime over a 'winged' charger....
Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires
Waking up every 14th of each month to $210,000 it's a blessing to I and my family... Big gratitude to Ann Marie strunk🙌🏼
Hello, I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?
Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Ann Marie strunk, has been an amazing experience.
Hello how do you make such monthly?? I'm a born Christian and sometimes I feel so down of myself because of low finance but I still believe in God
I'm favoured, $90K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to Ms Ann Marie strunk😊
Vintage cars do vary in price over the years to a certain extent. People buy cars that they remember in their youth and connect with. Not many people around today owned or remember driving in a Model-T which is why they sell for less than a Charger. Of course there will always be exceptions.
I remember seeing Challengers and ‘Cudas on used car lots for $1,200.
But I also remember in the 90’s thinking the V8 was a thing of the past too.
Nice report. 👍🏻👍🏻
I found a Hemi Orange with black vinyl roof 69 Dodge Charger Daytona automatic, floor console, air conditioner for sale at a lot in Columbus GA in 1977. Right front tire flat. Windshield price $1,000.
Let's Roll!
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@@wolfalaska7638 Did not come with a vinyl top from the factory.
Not many people can afford these types of cars. Maybe you should do prices on what most people can afford. Personally I have know interest in what these cars sell for. Only watched this to write this comment.
The values will be largely affected by the fact that most of the owners have grey hair. There is very few young people who can afford these cars, or even desire to do so.
Values are ok
But the enjoyment for me is driving them and walking out the shed and seeing them
All interesting stuff but no one can relate to this most people are buying decent driver muscle cars for $8000 to $25000
I own a 1967 Dodge Charger Hemi 4 speed, Dana 60 ,one of 58 made in 1967. The color is ZZ1- Gold metallic with a gold interio. I was told by Galen Govier that there were only 3 ZZI Hemi Chargers made in 1967 and 2 of thise cars had black interior and one had Gold Interior. I have the Gold interior. I have spent 3 years refresing the car, complete engine rebuild, front end, new driveshaft, new brakes, power steering and so many small items that my spreadsheet of parts bought is three pages. Finding OEM parts for the 1967 Charger Hemi is so hard and so expensive had I known that ahead of my purchase of the car, I may have passed. But now that I finished the car, I'm glad I stuck it out and have finished the car. I have been a long time muscle car Owner of every muscle car from Chevelles, GTO, Cutlass, Datsun 280ZX, Roadrunner, Corvettes and even just sold my 1936 Packard 120B this year. If the car is a good running and maintained car, it will bring more money than one pays for it. I don't flip cars, I drive them for 5-15 years depending on how much I enjoy the car. A few years back I was trying to retire and I sold 6 cars, so I am down to 3 and 2 daily drivers. Cars are a great hobby and not nmeant to make money on them but it helps if you come out on the upside. Great show, enjoy watching.
the buyers are not driving them,they just keep bringing them back to auction
I have a truck that might be worth some money. It is a 1991 Chevy V3500 4X4 Crew Cab. It was the last year of the Chevy square body. It has a TBI 454 with 4L80E auto transmission. 1991 was the only year a 1-ton square body ever came with an overdrive transmission. It also has 1-ton 4X4 drivetrain with a NP205 transfer case, Dana-60 front axle, and a 14-Bolt full floater rear axle. It is a rust free truck that spent it's whole life in the dry dessert of Las Vegas.
I have a 92 gmc typhoon and a 87 buick grandnational. Typhoons only 4697 made. Not as valuable as it's brother the syclone but decent shape 24k to 50k based on mileage. 1987 buick grandnational actually increased un price by 8k from a year ago. Mine is in good shape t top car. I need to replace my bumper fillers on it. I restored the drive train completely with upgrades to make it faster. 500hp/600tq.
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Seems like I remember a Wall Street Journal article back in the early 90s about a Hemi Cuda convertible at an auction breaking $100 grand. It's a shame that these are probably trailer queens and not driven and enjoyed. They are just flipped like houses. After watching these auctions over the years, I have wondered if someone is going to be left holding the bag at some point.
You said it. As the population ages, different groups with money start driving prices... My oldest son likes anything 70s and newer.
These examples are the top of the top... these cars are always going to bring big dollars. The dip is real and is affecting cars in the $20K-$50K range more acutely.
I'm selling my next door neighbor's great grandmother's Classic Mopar. 1968 Plymouth Valiant 4dr sedan. Numbers matching 225 Slant six with A904 automatic transmission. Has lots of patina holes, and what is left of the beautiful puke green is super faded. It is 1 of 173,000. I know what I've got. NO low ballers. Entertaining offers over $110,000.00. This is a Classic Mopar. Priced accordingly.
If she can get an offer of $8,000 to $10,000 she should take it. That car is actually worthless. Not rare, not desirable, nor useful.
Let's Roll!
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Hahahaha
Exactamente. These things are almost over. Soon nobody will be interested except maybe museums.
@@ouimetcoPure satire. I was hoping someone would get it. While I do enjoy 60's muscle, these prices are WAY out of hand. Corrections are showing up at auctions. Hell , 4 dr Darts from the late 60's used to be 75 bucks a pop! When I saw a few of them on FB marketplace, for exorbitant sums, I had to laugh.
So my 75 slant 6 dart 4 dr. should bring 50k easy, right?
I mean, I KNOW what I've got!
I have been watching the values of cars in general much more closely since 2020 there was definitely a bubble which has popped and cars are definitely sitting much longer before being sold after the craze that happened post Pandemic. There are exceptions of course but in general cars are sitting longer and when they do finally sell they usually are discounted multiple times before they finally sell when during the post Pandemic boom people could ask CRAZY prices and get them without hesitation. 🤔
I owned a 1970 B4 blue Dodge Charger R/T that I bought new in October 1970. 440 Magnum 375 HP, Hurst 4 speed pistol grip shifter Dana 3.55 with Sure-Grip. Super Trac Pak.
It was almost undrivable. The clutch was more than difficult, particularly in heavy traffic. No sound insulation. It was a pure automobile. No options, no power anything. Very heavy steering. Manual drum brakes. When I got down on the brakes, the car would swerve 3 ways at once.
Only because I am a master driver and drag racer could the beast "Blue Flame" be safely driven on public roads.
Based on my 7 years experience with Blue Flame, my opinion is that Dodge Daytona's, especially those with 4 speed tranny are essentially worthless as far as being a driveable car. As rare collectible cars and visually unique cars, they should be valuable.
PS: I sold Blue Flame to raise the money to buy the Dodge Daytona in Columbus GA.
Let's Roll!
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I had several Barracudas as daily drivers, over the years. The most I ever paid was $2700.00 Canadian, for a mint, numbers matching,1967 383 drop-top.
Sadly, no hemi cars came with ac.
im 61 and at 16 years of age, i bought a 69 camaro auto smallblock sst wheels, for 500 dollars. bought a 64 4 speed v8 mustang for 150 dollars. just 2 examples how low the prices were in the day ( 1980- say 1986ish ). still got 3 old chevys and will never sale. love your work. peace
You are correct. I have a 93 gmc typhoon and I'm getting a complete rewire of the car. Its getting a maxxecu to control the car. The problem i had was hard starts and the distributor and old ICM was barely up to control it back in the day but after years the electronics are toast. The custom harness and the maxxecu with some upgrades in the injectors and fuel system is costing me 15k. The guy who had it before me rebuilt the engine and transmission with forged internals and arp hardware. Rebuilt the transmission. Only 4k in mileage was put on it after he built it. My thinking is he probably couldn't keep it running because of the failure of the ignition system which the typhoon and syclone are known to be hard on in stock form. Also have an 87 grandnational with 74k miles and i wanted to upgrade it a little my slightly better than stock build which my grandnational still has stock engine, transmission, and rotation assembly now hos 500hp/600tq. It's as fast as a camaro zl1. All this for the low price of 20k. The wiring was crusty and worn out. My other car is a cutlass supreme 72 442 tribute. It has a mondello built 455 425hp/ 518tq monster engine. Very fun to drive. Keep the oil changed, tune it, buy a battery every couple of years, put gas in it and its good to go.
It has all to do with history and maintenance, all documented. Rarity can have a lot do with prices too
i would love to see the market come down then i would buy more of them once i get them i dont let them go not in it for the money i look at them as art just love knowing there in my garage
Cars is the 80’s have definitely come up a bit in value with Gen X. Fox Body Mustang’s, Third Generation GM F-Body’s and even G Bodies nice examples will rise, not like 60’s/70’s stuff but will come up.
I think the aftermarket will really help the 80s and newer cars. Honestly the aftermarket is what the lifeblood of the whole hobby is. My 71 dart everything works great on it electronically but like all cars it needs care to stay on the road. When people can't buy the parts they need to keep things going, that is the means to an end.
A Jeep gladiator is $100,000 pos. $390k for the 4speed Cuda is a bargain! God, it's Beautiful.
I agree mostly with your opinion of what cars will be worth. I believe the cars that have value now will most likely have value as long as there is the age group buying.
do a video on cars laymen can get that will rise in value--I can`t afford million dollar cudas--great video btw
Yes buyers of muscle cars motivated by nostalgia are dying off but as there are fewer and fewer cars the demand will still be there as these old cars will find new fans in an increasingly global market.
The fact that the value of the American dollar is being destroyed has an impact on the price as well.
I appreciate your thoughts !!
I think most of these cars are actually going to depreciate eventually, I'm in my 60s and most of the guy's buying these cars are over 50+ more likely in their 60s and 70s boomers who are wealthy and remember how cool these were back were teenagers or in our twenties. And even bask then these cars were considered out of reach for the average buying public...
A question that should be pondered is whether they will allow gas powered cars to be sold after 2035.
Not in California
They are talking the sale of NEW cars and trucks. The deadline will be pushed back.
Once you are at the top (billionaire) market, the economy can be completely tanked and they will still buy what they want.
Obviously, prices on musclecars, and NOT just MOPARS are soooo out of wack for the average muscle car enthusiast, it's insane. But the trend is not new. Ever since 'Wall Street' decided musclecars were great "investments" it took the hobby away for those who have owned them when new, or anyone elese who just wanted a fun weekend toy. Look at today. 70% are living paycheck to paycheck, yet classic musclecars are still pulling in stupid money. When you see clapped out gen 2 Chargers pulling in $30k you just have to think a huge correction is in the making. Hopefully soon.
Do you assist in purchasing for a fee?
As with most things, the mythic-rare items are going to tend to retain value over time. The real question is, what is happening to the rank-and-file machines.
Can you do a video on Camaros? I have a 1969 Camaro Z28 and would like to know what it's worth. It has the original DZ 302, 12 bolt positraction, no power steering, no AC. It does need a paint job. Thanks!
Will do!
Great presentation. Keep it up. Cheers
I think people are talking about lower end cars when they say prices are coming down. Driver quality cars which I think are and will come down because people are tighter on money right now due to the economy and many need cash and I think that will continue and even escalate. I believe that higher end cars are going up because wealthy people are looking for places to put their money. Places they feel are safe whether it be classic cars, real estate, art, gold, etc. I think they are worried about the direction of the economy and the stability of the banks and they want to feel like their money is safe. In the past they would look offshore but the problems in the system today are world wide so they are seeking other options. I follow politics closely and this is what I think I’m seeing.
I have been buying cars since the mid 1980s and i can tell you the prices have gone wayyyy up in 35 yrs - you could find a nice Nova or early 70s camaro for 4 k in 1987 Now those cars are going for 18 to 30k the 67 to 69 camaros are selling for even more- a rusty one w no engine 8-10k - that bonkers - anything w a factory Hemi is now out of reach of the average gear head - corvettes are also big money - heck even the pinto and Vega are fetching big money and they were junk when new - rusted out fast and iron duke 4 was a turd. In just the last 4 years all classic cars have jumped in price as compared to the last 15 yrs - Its s shame because there is a ton of car guys that are priced out of the market - I understand times change and cars gain in value but its out of hand now - I think the 1960s to 1980s 80 muscle cars are a great investment- they will really go up in value if they outlaw the ICE - times they are a changin
You failed to mention that the Daytona sold at Medium a few years ago in Indy for $3.3M. price has NOT gone up (& value of the money has gone significantly down)
So I guess the Superbird I was offered in 1977 for $2500 was a good deal after all. No matter. I didn't have $2500 to spare even if I sold my 69 Econoline van anyways.
This is crazy. You need to find a bigger fool than you when it’s time to sell. As Leno says, more money than brains.
Im selling a 87 grand national..has all the best stuff..needs a paint job,little rust....i get these guys showing up offering half price...im asking 20 g...90% dont want to pay and most say i gotta make something on it...i say i dont care what u do but im not funding anything for you,,then i say get the fk out of my yard...
I hate selling anything and dealing with the people.
Is it still available... lol
@@backyardbarnfinds yep.
This economy post printing machine last 3 or 4 years has been untold fortunes and great for the 1% , but not good for the rest of the 99% of people. These $2 and $3 million cars are in the 1% club like $25m houses. In that end of the world life has never been better.
L88, hemi's, 427 SOHCs, BOSS mustangs are always going to have high value. these are the elite cars. its the more pedestrian cars that will go down in value. 390 fairlane for instance.
BUt if you are waiting for these elite cars to have their prices fall you can for get that.
I agree. Legislation to push EV is driving classic cars through the roof.
They do remake wire harnesses
Vintage cars are almost over. Soon will be nobody interested except museums maybe.
I believe the monopoly man bought the Packard.
You saying that cars made from the late 80s and up will never be collectable is the farthest thing from the truth. There will always be certain makes and models from every generation that will be highly sought after. Granted there will always be plain-jane run of the mill cars that wont be worth anything but thats true for all generations. Not every car from the 60s is desirable/collectable same is true now theres cars being produced right now that someone 20+ years from now will want for their collection or for nostalgic purposes.
Back in 1974 as a 20 year old I could by any muscle car I wanted old or new and did! Now retired at 70 can't even think of spending 80 grand or more for one. Expensive enough just holding on to the house you have paid for! If you ever find a nice 1974 Z/28 yellow with tan interior 4 spd post it up. What I bought new in 74 and for some reason harder to find than a Hemicuda.
Great work,and Channel. Keep it Up. Find me some Carroll"s Finest.
Who can afford old useless cars in this hyperinflationary Obiden economy?
Great video Parker.
Muscle car values?? has nothing to do with the cars you have listed. since no one can afford these. These are no longer 'cars' they are now commodities, much like museum pieces. Talk about affordable cars...
100% agree
3,000,000 is insane for that ugly car. I’m 58 and that car was never on my gotta have list . It wasn’t popular when I was young and I can’t understand who would want that car.
Is this post in response to the Hagerty newsletter post about this summer walk back of some classic car values?
The specific cars you showcase here are the exception as extremely rare cars usually are. There is always some person willing to over pay for something that nobody else has. Interesting that the folks who lost money in your example after paying buyer premium and seller fees. What is the net gain or loss?
My AZ friend 69 Mach 1 is one of many that isn’t really rare but it’s still very in demand, keeping its value high. My 72 429 LTD convertible is one of only 588 built with the BBF in 72 according to Marti, but it has never been or will ever be as desirable as the mass produced 69 Mach 1.
I have seen widows trying to sell their husbands pre war antique cars for almost nothing as young people have no interest.
H
Click bait. Desperate video using unicorn cars that even average collectors will never see. Why not make your point with cars that are likely to be seen at these noted auctions. This is yet another bs video as expected. Waste my time for you to make a buck.
Will make a 2nd video regarding the cars your talking about. Remember they are based off of the stability at the top of the market.
Just think the 20 year old are saying it’s not fast it don’t handle it don’t stop oh and it’s ugly it must be a boomer car give me a reliable Tesla and I agree
The boomer enthusiasts who are interested in these cars are aging out and the younger crowd isn't interested in these things. Values on these cars will crash in the next decade.
Keep telling yourself that. Very few 90s cars have the draw a muscle car has. Ever watch any of the fast and furious movies? Mopars as far as the eye can see. In 20 years are people going to go to mediums to bid on a Honda? A few maybe but the muscle cars are the last cars not made in Italy that have personality.
@@heyjoe9267🎯🎯🎯
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Oh that's where you're half right, the young generation are VERY interested in these cars, it's just hard to relate to them when they are so priced out of range we look towards more affordable stuff be it oddball or 4 door versions which the boomers get confused by when they've priced the market where it's at
@@somerandomness4285 You nailed it. I'm 25 and have no hope in Hell right now of even touching one of these vehicles. I understand legacy and all of that but, that can't be the only value driver. When these cars hammer for the astronomical price I remember they paid for all that comes with late 60s early 70s UAW build quality. The car is still made from plain screws, hard plastic, and cheap vinyl slapped together. The only thing that drives value for me is the analog nature of these cars making them infinitely serviceable.
Blue Chip investment cars are just that folks sell them when they want to make money. Individuals who have the money to buy said cars know when to sell their investments.
ev will not be replacing the combustion engines anytime soon
Who should by These cars after us… the young people rather have a tesla..
you can build a 60s mustang FB from new stamped steel parts essentially a retromod kitcar and it is stronger, lighter, better built and has all the modern mods and upgrades for well under 100k or as cheap as you are willing to go with proper parts... no loss or damage to the museum pieces but 1000x the fun and joy and a .01 percent of the cost... win win win.. they can have these old milliondollar buckets... everyday cars are now faster safe quieter(clunks/rattles) sound as good or better, handle better and look just as good albeit different ... this over priced mopar market will die when the last of the greatest generation is in wheelchairs.. its just not sustainable.. everything is becoming throwaway.. grandmas silver/china and grampas mopar are just things to sell and cash out of. the world has changed.. it is what it is.
It's cool if you have millions of dollars to spend on the best of the best, but, what good are they if you don't drive them?, the cars you've listed are museum pieces!, if I had this kind of coin I'd buy these and drive the snot out of them just to piss off all of the purists! 😃😃😃