I looked at an old 40's/50's dodge truck a few years back. A solid $5,000 truck at best. Guy said these are selling at Auction for $50,000 dollars so I can't take less than $40,000. I didn't argue that TV Auction prices are fake and inflated, I just passed.
I have seen some good deals on Facebook Marketplace but I wasn't looking for a 'Cuda. Good Luck
The problem is peoples uniformed perspective, " these are selling at Auction for $50,000 dollars" except they are in no where near the same condition or in some cases the same vehicle. The same is true for the Barracuda /Cuda market. Two different cars/ Value. Yes 70-71 E bodies bring a hefty price and the true Cuda heftier yet and somewhat understandably, but not all Barracudas were created equal Look at how much people are asking for 64-66 model yrs. They see the top of the line70-71 at auction and directly associate their car to that value with out understanding the differences in desirability and condition. Any of us with any age remember the days when theses were just old cars and the prices reflected that, now they are all rare collectables that only need a little TLC to make them worth 10's of thousands...ok rant off.
I do see the 64-66 a-bodies on ebay are like 18 to 25 now - mostly offered by dealers. Not long ago those cars were under 10 all day long as they don't generate a lot of excitement. Nice cars, but still who wants to say they paid 30k for a 1966 273/auto barracuda at some online classic car dealer? 1970 and up 318 dart and duster asking prices are now at, or above, what real 340 cars used to list for.
Things that make me scratch my head about this recent jump in prices...
Are people are really buying this stuff for those prices, or these are sellers/dealers asking double and still getting 2/3 of what they want making the buyer feel like they got a deal?
What the demographic is of those buyers? Around here there is little to no youth movement in the old car hobby. You go to car shows, the track, and the swap meets where these cars are found and the people there are 50-70+ yrs old. Is it just the same Boomers who already have these old cars and are just buying more and more stuff?
