The Good Old Days Of Car Values

General Discussion

  1. turbine68rt

    turbine68rt Turbine Bronze Member FBBO Gold Member

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    These were current prices you could expect to pay for certain cars during this particular era. Found this while looking through some old mags. I'm sure there are plenty of cases where nice cars were bought very cheap prior to this, but can you guess the year?

    20210206_094527.jpg
     
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    • moparedtn

      moparedtn Ed on the Ridge FBBO Gold Member

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      Early 80's I wanna say. WAG: 1982.
       
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      • turbine68rt

        turbine68rt Turbine Bronze Member FBBO Gold Member

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        Close but no cigar
         
      • motime

        motime Well-Known Member

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        I want to say 1988
         
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        • 66ChargerHI-PO

          66ChargerHI-PO FBBO Gold Member FBBO Gold Member

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          1985?
           
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          • turbine68rt

            turbine68rt Turbine Bronze Member FBBO Gold Member

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            Looks like you're the winner, Eric. Early '85 to be exact.
             
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            • 66ChargerHI-PO

              66ChargerHI-PO FBBO Gold Member FBBO Gold Member

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              Hey alright! I just took a random guess, do I win a truly fabulous prize?
               
            • turbine68rt

              turbine68rt Turbine Bronze Member FBBO Gold Member

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              You get the "Sharpest FBBO Member Of The Day" award
               
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              • 68BabyBlue

                68BabyBlue FBBO Gold Member FBBO Gold Member

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                I was going to guess 1985, based on the fact this was when the car mags started discussing prices of stuff other than Corvettes (still have some Corvette rags in my stash from the late 70s, quoting '69 427s going for about $5000). When I bought Baby Blue in 1983, I paid $1800, which was what "Old Cars Price Guide", the only pricing venue at the time, valued a '68 GTX in #4 condition. Figured I got a good deal, because the car had all NOS trim pieces, which the guide said raised it to a #3.

                68 gtx bill frost 005.JPG
                 
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                • 65-440

                  65-440 Well-Known Member

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                  How would you like to triple your money right now? I have cash!!!
                   
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                  • Moms68

                    Moms68 Well-Known Member

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                    Internet and cable shows opened up the market as a for-project venture. IMO it is dooming the hobby to just those with fat checkbooks. I feel for the younger guys that want a car to call their own, not to flip for profit.
                     
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                    • zyzzyx

                      zyzzyx FBBO Gold Member FBBO Gold Member

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                      I purchased my 68 "X" QQ1 for $1350.00 back in 1975 at a local Ford dealer
                      with 20k on the odometer. Leaded Premium was $0.18/Gallon. Dang!
                       
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                      • Photon440

                        Photon440 FBBO Gold Member FBBO Gold Member

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                        Wow, you must have enjoyed the cheapest gas in the country! The average was .57 back then for regular.
                         
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                        • 68BabyBlue

                          68BabyBlue FBBO Gold Member FBBO Gold Member

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                          The car's sale price in fact went up in multiples of three. In 1991, I sold the car to pay for a heavily optioned, one owner red survivor '69 GTX (Baby Blue was a no option car, two previous owners). I offered Baby Blue first to my friend Bob Miller, who had sold me the car in 1983, for three times what I paid him. He passed. Fast forward 22 years, the car comes up for sale, current owner offers it to me or Bob for three times what I sold it for. Bob passes again. I don't mess around, fill a bag with $100 bills and close the deal.

                          Bob and I meet at Carlisle every year, and when folks hear the story, they pile abuse on him. He can't help himself, he's a Chebby guy, but he did an incredible job of preserving that GTX, and he's a great sport when the Mopar guys beat him up. He still has the '68 Camaro that was his dad bought new. He sold Baby Blue to make room for it.
                           
                          Last edited: Feb 7, 2021
                        • Chargered

                          Chargered Well-Known Member

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                          Yep, right around the time I bought my 66 GTO for $1,700, painted it for $1,100 then sold it around 88 for $4,200, than bought a 70 Challenger for around $3,200. Both really nice cars.
                           
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                          • 1967coronet

                            1967coronet FBBO Gold Member FBBO Gold Member

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                            Lol, same year I bought my 71 V code X
                            30k on it, $1,800 and change.
                            What was great is that's all they were worth and we could have the fun of beating the crap out of them and park them dirty.
                            :drinks:
                             
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                            • 65-440

                              65-440 Well-Known Member

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                              Must've been nice. I was born too late!
                               
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                              • zyzzyx

                                zyzzyx FBBO Gold Member FBBO Gold Member

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                                Don't ever say you were born too late! This isn't a drag race to the grave! The only reason I still
                                have my car is that I wanted to race it, and I took it apart. Life happened, and I had to put it in
                                storage. (lucky me) So, Premium was $0.25/gal. but the bad thing was it had Tetraethyl Lead
                                in it and we were all poisoning ourselves slowly.
                                 
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                                • 65-440

                                  65-440 Well-Known Member

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                                  Born too late to enjoy the affordable prices! Soo many cars I'd like to add to my name but are not cheap. 2nd gen chargers are on that list but we all know how that's going! Would really like an AAR or TA e-body one day too....
                                  I will say it's a good thing I can work on my own stuff because if I had to pay someone to do everything I don't know if I would even have 1 car let alone 2!
                                   
                                • Budnicks

                                  Budnicks You Can Just Thank Me Later FBBO Gold Member

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                                  When I purchased my 1st 1968 Charger R/T,
                                  in summer of 1974 @ 15 y/o
                                  I was making or started at $1.65 an/hr, + bonuses
                                  working at a Shell station, in rural Ca., 24 hrs a week
                                  I paid $350 for the Charger, it was a good deal even then

                                  I bought it from a neighbor lady, that recently got divorced
                                  she needed the $$$, that was about all the $$$ I had saved
                                  & I worked for 212+ hrs, after taxes probably something like 270+ hrs,
                                  because I had to spend some of my earnings on gas in my Hodaka
                                  to get back & forth to work, some 12 miles back & forth from my home

                                  2nd gen Chargers were going for like $500+ -$1,000, maybe $1500 in my area
                                  they were just another used car,
                                  gas prices just doubled to like $0.50 + cents

                                  "to say the least, they've increased seriously in value"
                                  near if not 20 fold, $70,000 'in the same condition today'
                                  that'd be the equivalent of $33-$35+ an/hr income today,
                                  about what I was making at 25 y/o, to buy the same car,
                                  same hrs, same condition etc.

                                  the new #'s seems about right

                                  everything is relative, work is work
                                  I worked all summer to earn that

                                  those were the days, but I still had to work hard to earn it
                                  just like people do today, there's not much difference
                                  other than a 15 y/o isn't probably making $33 an/hr
                                  'maybe' $15 an/hr & most 1968 Chargers aren't going to be
                                  in that near perfect condition either, many would be far less in value

                                  I remember when a '$5,000 Hemi car', was out of reach for me
                                  in that same era, it was completely out of my reach
                                  that's nuts to think I couldn't have bought a $5k Hemi car

                                  yep stuff was cheaper
                                  but we didn't have as much $$$ back then either

                                  it's really an apple to oranges comparison
                                  when people say cars were cheap, cheap is relative to the era

                                  oh what I'd give to have a time machine
                                   
                                  Last edited: Feb 7, 2021
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