What's it Worth I need help with a reasonable valuation

[440 4 speed]

Is someone genuinely a car person, if they only restore/purchase a car to make a profit? If someone really wanted a Golden Hawk with a supercharger for themselves are they foolish to buy one at a ridiculously high price?
Fairly certain I have mentioned this earlier. We did not buy the present Charger to restore and worry about losing value. We bought it because there was always a desire for a 1 of 132 440 4 speeds. Might be the rarest Charger 440 4 speeds built? When I pass on, the car will be sold for whatever price it brings.
Ironically the 67 318 Charger we bought in 1970, rusty, is worth more than the purchase price.

 

[440 4 speed]

I am getting the w/s mouldings, belt line mldgs, a pillar, drip rail, interior mldgs, rear window mldgs, door and rear inside stainless done by a fellow that does show quality work. Charges by the square inch. 1380.00.

 

[1 Wild R/T]

Not a restored car, but not a project either.... Been for sale for to long... A real Hemi 4 spd..... Yes it needs a good home, but nobody is willing to commit to a very expensive car with no a lot value when done....

1966 Charger Hemi No Sale Again at Mecum

 

[chargervert]

Not sure where I said he's not selling. The car will be for sale, I am trying to see when people think is fair.

At the end of the day it's a wasted post, because with nonsense like $10k answers and people assuming that there's more work needing done, even after my very specifically stating what needs finishing, there's just no reason to keep the discussion.

Thank you for the response though.

I looked at a similar one last fall. It was a running car,already painted black. It needed to be assembled,nice black paint,but had a couple scuffs from being moved around. He wanted 20k my friend offered 10k. I think the guy is still trying to sell it.

 

[Some Car Guy]

There are absolutely 100s of hours left to do on this car. Smokey yunick, Boyd coddington, Troy treplainer, and Waddell Wilson all in their primes and working together couldn’t build that car in under 200 man hours. Adjusting the windows alone takes hours and hours, for instance.

 

[WileE]

I need some help figuring out a reasonable valuation.
My initial guesstimate is around $40k, but I need opinions please.

Opinion, $15k

At the end of the day it's a wasted post, because with nonsense like $10k answers and people assuming that there's more work needing done, even after my very specifically stating what needs finishing, there's just no reason to keep the discussion.

There was a clear consensus on value by the end of page 2.

FBBO jury consensus says- 15K value on a 70K investment.
BANG!
Case closed.

You come on here looking for a valuation opinion. You get them, several actually. Yes, there's side issues about extent of work remaining, labor hours, etc. All superfluous. Then, you disparage opinions of $10k, while I don't believe anyone characterized YOUR opening assessment of $40k as "nonsense". As just stated, the consensus here appears to be more closer to the lower value opinions, than yours. I won't say "nonsense", rather "unrealistically hopeful" . Nevertheless, I hope "your friend" does well with the sale.

 

[autoxcuda]

Restored components, unpainted mostly bare shell...

Is the most painful money losers for a seller. No matter what car. If this was a 69 Road runner it would be worth what? $20K ? $30K ?

And the road runner done in the end would be worth $10K to $20K more than a 66 383 Charger. It's just math.

Component restoration costs on a 66-67 Charger is about the most of any 66-71 Mopar. So the O.P.'s situation is about the worst possible scenario of all 66-71 Mopars musclecars. You could see his reaction coming from a mile away. I understand it. Especially if you are not familiar with the ownership and historical buying and selling of these musclecar mopars.

This car will sit unsold until the price meets demand or the restored components are sold off over a period of time. Usually at 25-50% at least of original costs.

 

[4mulas]

It seems to me that you keep getting told what the car is worth but don’t like what you’re hearing. If I HAD to have that car and absolutely loved and wanted to own it for ever an ever I’d pay about 15k for that car as it sits. I’m not that guy and and can confidently say I’d maybe pay 8-10k for it but likely would be reluctant to do so. Like @Don Frelier and @dadsbee said, there are still hundreds of hours of work remaining and still a lot of capital outlay to go. Looks like the motor needs done too. Easily another 30 grand left to go on this car.
383 67 chargers aren’t worth a lot. Period

 

[68BabyBlue]

Restored components, unpainted mostly bare shell...

Is the most painful money losers for a seller. No matter what car. If this was a 69 Road runner it would be worth what? $20K ? $30K ?

And the road runner done in the end would be worth $10K to $20K more than a 66 383 Charger. It's just math.

Component restoration costs on a 66-67 Charger is about the most of any 66-71 Mopar. So the O.P.'s situation is about the worst possible scenario of all 66-71 Mopars musclecars. You could see his reaction coming from a mile away. I understand it. Especially if you are not familiar with the ownership and historical buying and selling of these musclecar mopars.

This car will sit unsold until the price meets demand or the restored components are sold off over a period of time. Usually at 25-50% at least of original costs.

This thread has reaffirmed my reasons for abandoning private law practice early in my career. Clients never liked hearing the actual numbers that applied to their situation, let alone having to pay for the advice.

 

[WP29P3A]

Like just about every other member has already said, I'll add my 2 cents. First thought is you show us a picture of the engine...say it's all refreshed, but the picture shows clearly different.
You don't mention the trans and it's current condition...Would I be willing to put that particular engine, as it sits in that Charger, after the car's body work and paint is "done"...HELL NO!!! I don't think anyone else here would either. Second is, you keep saying over and over, all it needs is the floor pans installed, put back together and painted...easy peasy... right?
WRONG!!! If you actually work at a "custom" car shop.. you would know, that is a B.S. statement.
After all, you see first hand, if you work at that type of job, what all goes into putting a vehicle together, and the time/ man hours involved.
It WILL take HUNDREDS more hours to finish that car... IF it ever does get finished...your friend is upside down in huge way... it's obvious with the numbers you provided to us.

 

[Some Car Guy]

I’d be afraid to peg a value. You’d have to find a guy wanting to take this project on to begin with, to even have somebody to talk numbers with.

Looking further into the situation, you really have little that somebody could buy as parts for another car. Let’s say that 383 really is some top notch rebuild. Who comes in here and is talking about doing a 383 build unless it’s for a numbers deal? Yeah, nobody. What other pieces could even transfer to say a 69 coronet? Not many. So just being realistic, there isn’t much of a market for this deal. Hence the value will be low.

 

[Mopar Hunter]

That’s gonna be a tough sale, good luck!

 

[padam]

Nevertheless, I hope "your friend" does well with the sale.

I just realized what the OP’s screen name says lol…

 

[YY1]

The grill and functioning headlight doors is valuable.
The working electroluminescent dash is quite valuable.

Unfortunately the "bundle" of parts hurts the value of those "cherries" by quite a bit.

...and removing them makes the rest of the bundle's value go way down.

No one is going to pay 40K for a roller and parts bundle that is going to be worth 45K-55K after 100 more labor hours and another 20K in paint and body work.

 

[Charlie Brown]

Not sure where I said he's not selling. The car will be for sale, I am trying to see when people think is fair.

At the end of the day it's a wasted post, because with nonsense like $10k answers and people assuming that there's more work needing done, even after my very specifically stating what needs finishing, there's just no reason to keep the discussion.

Thank you for the response though.

In post #65 you said this was a wasted post and you were "Done" - but you're still posting. There will be missing pieces. There will be hundreds of hours to complete. You're not liking the honest opinions and advice you're getting. One would assume that you work in a restoration environment which one would know the cost of such projects. Heed the advice given and take it for what it's worth. If you are not happy with others opinions, then so be it. The members on this site have an unbelivable amount of skill and experience - you and your friend should listen carefully and respect their responses - or not.

 

[chargervert]

Sadly despite being by far the highest quality, best built B body cars of all of them, they are not the most desirable, and the cost to restore one exceeds the value of them. My friend loves them, he has about 10 of them including a rust free 66 Hemi roller with drag car history, and 3 1967 L code 440 Magnum cars,one is one of 132 4 speed cars built, and he cannot justify the cost of a full restoration on any of them. Unless you buy a running driving car in decent condition, and just drive it and enjoy it as is, you are upside down in a first generation Charger project car before you even unbolt the first bolt.

 

[Charlie Brown]

Just noticed the same description and photos on Facebook Marketplace.

 

[padam]

Just noticed the same description and photos on Facebook Marketplace.

Would you buy from someone called fake a roni you don’t know me?

 

[eldubb440]

Would you buy from someone called fake a roni you don’t know me?

I assumed he was Italian

 

[padam]

I assumed he was Italian

more like the San Francisco treat