For Sale: Not Mine Coronet R/T vert sold cheap at Mecum

[XS22J8R]

I wonder what the story is here. This car hammered at $45K yesterday which is $49,500 with the buyers premium.
I’d have guessed it’s a $70K to 90K car, so why did it sell so low?
I was talking to a friend of mine yesterday who is a high end collector, and he said the car was part of a no reserve collection and he suspects Mecum bought it. Is something really flawed with it that I don’t see? Has the market crashed? Or did the house short hammer it, and like my friend thinks, we will see it again in the near future in the offerings at another Mecum auction?
1969 Dodge Coronet R/T Convertible For Sale At Auction - Mecum Auctions

 

[eldubb440]

I'd say it's a bondo buggy by the looks of the trunk, it's a mess; not the sort of thing you want to see in a convertible, especially....... left side has been replaced with no attempt to make it look decent inside, right side prob the same; but hard to see in the limited pics (for a reason)........ I love looking at trunk mats instead of trunk pans

bumpers and rocker trim look like crap........ I didn't look any further.......pretty sure it's a can of worms for the next guy

I bet the underside is an undercoated disaster

 

[XS22J8R]

One of many things I don’t like about Mecum auctions is that more often than not the trunks are closed, so you can’t inspect there. Or maybe you can track a Mecum employee down to open it for you? The keys are plastic tie strapped to the steering column, at least they were last time I paid attention to that while checking out an auction, so you can’t take the trunk key and open it yourself.

 

[eldubb440]

One of many things I don’t like about Mecum auctions is that more often than not the trunks are closed, so you can’t inspect there. Or maybe you can track a Mecum employee down to open it for you? The keys are plastic tie strapped to the steering column, at least they were last time I paid attention to that while checking out an auction, so you can’t take the trunk key and open it yourself.

I can usually assess an entire B body in 30 seconds by looking in the trunk...... they're all the same

 

[Fran Blacker]

How's this one? White stuff is chalk, wrong type for paint.@eldubb440

 

[Cranky]

How's this one? White stuff is chalk, wrong type for paint.View attachment 1891802View attachment 1891804View attachment 1891805View attachment 1891806View attachment 1891807

I have a 66 B body car with a really decent trunk that needed a left side interior floor replaced.....

 

[eldubb440]

How's this one? White stuff is chalk, wrong type for paint.View attachment 1891802View attachment 1891804View attachment 1891805View attachment 1891806View attachment 1891807

66-67.......... original and solid as a rock

possibly repainted....... seam sealer looks too neat, like it's been scraped off and replaced

my opinion, of course!

 

[Fran Blacker]

Repainted and 40+years dopey me didn't buy the right chalk, didn't know and better. Thanks

 

[Runcharger]

Good car to drive as-is I think. Even doing the trunk floor could open a can of works you don't want to deal with. However just wash and drive it and sell it again when you're done having fun with it. I'd have to fix the ride height first thing though. They don't all have to be better than they came from the showroom.

 

[eldubb440]

Repainted and 40+years dopey me didn't buy the right chalk, didn't know and better. Thanks

so I nailed it?

 

[#41]

I think the hints are in the close up pics. It looks good from 20 feet, but there are lots of little items like paint chips, cracked steering wheel, dinged up aluminum and stainless rocker and tail trim, emblem details, filthy buddy set, etc. I would bet you'd see a lot more in person. Column shift is usually a pretty big deduction to value. It's not a top dollar car by a long shot..... probably an older budgeted restoration that has been enjoyed on the road by it's last owner(s).

$45k seems pretty fair to me.