1971 'cuda for sale

[bs27h1b]

these cars don't sell on what haggerty says they are worth!! lol!! again its a 71 they aren't coming back down in price!!

[rhamson]

I would agree with you but for the reason that this board is an enthusiasts forum. If you want the type of sale you describe then put it on Ebay or Craigs List. While the people here are Mopar nuts they are also savvy to what these things trade and sell for. I know I have been steered from some horrific mistakes by the advice and guidance of people who know more than I and appreciate it.

[rhamson]

these cars don't sell on what haggerty says they are worth!! lol!! again its a 71 they aren't coming back down in price!!

Maybe they are not coming down in price any time soon but it is all subjective as the seller evaluates the condition while the buyer does so from a picture. The values suffered greatly from 2008 till 2013 when they began to rise from a flat line. Haggertys values the car at sales and auctions and does not evaluate for sale just replacement. Having sold cars for quite a few years I have found Haggertys to be a standard many base their buying on. Check it out for yourself.

[1carhunter]

All very interesting!. Boils down to willing buyer, willing seller.  If you are 71 crazy and just got to have it (needing work with some unknowns), the price may work for you if you know what you are doing.  I personally, would have jumped at the 25k offer.  But that's me.     I sold a real rusty roller will documentation for 7k a couple weeks ago, so who knows?

EBAY???  Too many dreamers bidding stuff up that have no intention of buying. OOPS! "wrong amount entered"

Too many EBAY sellers just using the site as an advertising window to sell it off site.  OOPS! "removed due to error in listing."

[tommyg29]

Thats a great chart. I dont know much about "condition" ratings, but according to this chart and some research I just did in the last 5 minutes http://classiccars.about.com/od/buyingadvise/qt/ratingtip.htm
I would consider this 71 cuda to be at least a #5 car. Am I wrong?

And PS
do cars have to be considered original to be #2 or #1, or could a clone or restomod make it into one of those upper categories?

[BS27R1B]

There are some deals out there you just have to do some digging. You may not find a numbers matching 340 or 383 car but who cares? In the end the difference is minimal as anyone buying a real 71 Cuda will quickly learn they will have to compromise just to get in the game.
To me, the biggest turn off on the white 383 car was the need to replace multiple floor pans. On a unibody car that is a big issue and I would easily swap off an original pan car for matching engine/trans.
A friend of mine just made a deal on the Sassy Grass Green auto 340 Cuda here in Ontario. Non numbers but a solid floors and frames Texas car. NOM and rough outer sheetmetal from bumps not rust. It will be a big project but he bought it close to what the seller of the white car turned down. In my eyes a far better car and deal.
I bought this 340- 4 speed FJ6 car last fall for under $20K out of Utah. Needs quite a bit but minimal body repairs. On my way west I stopped and looked at two 71 340 projects, one a major project in a million pieces with collision damage to fix and beater drivetrain, asking $20K, and one original 4 speed driver that needed full restoration for $40K.
Keep shaking the trees something is bound to fall out.

[Duff]

I found a numbers matching 383 car 

[rhamson]

@ 1carhunter, I agree that in the long run the car is worth what somebody is willing to pay. You also have to weigh its' originality with what it would cost to restore it and then what it would be worth to sell. This non numbers matching car at $29,000 with at least modestly $10,000 to $15,000 worth of restoration makes its investment of $39,000 to $44,000 hard to sell at $44,850 to $50,600 on a 15% margin. And that is a low margin. For a dealer who is into restorations you are looking at a 1 year investment and be looking for a 90% to 100% return on your investment which would put the car in the $78,000 to $88,000 dollar range.

@ tommyg29, the condition is all about subjective when you sell something on the internet. The emotion of buying the car of your dreams is muddied by the images in front of you. It is easy to overlook the expenses of making your dream car perfect for you when the image belies its condition. And you are relying on a sellers explanation who is motivated to sell.

@ bs27r1b, originality is a different game entirely and is what made me remark about it. I know it pissed some off to rain on their parade of the seller by adding my but this forums members are a little more savvy to such claims. Believe me I would jump on this car probably for around $18,000 tops but I believe the car is worth only $15,000 in its current condition. But originality would not be my plans for this car and knowing what it takes to restore a car to its' original state I would not want to do it with a non numbers matching car.

[anlauto]

You're forgetting about the $5K in aftermarket parts when you value this car at $18K

[BS27R1B]

' @ bs27r1b, originality is a different game entirely and is what made me remark about it. I know it pissed some off to rain on their parade of the seller by adding my but this forums members are a little more savvy to such claims. Believe me I would jump on this car probably for around $18,000 tops but I believe the car is worth only $15,000 in its current condition. But originality would not be my plans for this car and knowing what it takes to restore a car to its' original state I would not want to do it with a non numbers matching car. '

Then you are not in today's 71 Cuda Market. Maybe a Barracuda that has been modified. It isn't 2009 -2012 any more and a running, moving BS23X1 car simply does not sell for under $20,000 in 2015. This car may be aggressive priced at $29,000 but it is not ridiculous.

The math seldom works on a car that needs work. The cost of the car, plus the cost of upgrades seldom equals the market price of a car. This is especially true if you are talking about non hemi cars and non convertibles. They are attractive to buyers as the cost of entry is slow than buying a #1 or #2 car. The buyer can stretch out the investment of time and money to their schedule and financial circumstances. The market has shown many many times that there are far more buyers for cars priced under $30,000 than there are buyers for cars over $60,000. Realistically a #2 71 Cuda is $60,000 these days, still below the peak of the market in 2006-2007.
I sold this GB5 340 4 speed, real shaker, real billboard and wing car, non numbers engine and transmission for $55,000 in 2006. The buyer got a $5K discount as he bought a 69 Hemi Bee from me at the same time. The buyer painted the car after he bought it as the paint was weak.

[rhamson]

You may be right. The 71 is a one year only and very desirable. I think he will probably get what he wants for the car. My major  problem  is verifying it's worth based on its condition and the Internet ability to inspect the cars rust issues. I have run a few searches and found rotisserie restorations values with 340 4 speed at $35,000. I think this Barracuda and not Cuda is a different animal entirely.

[anlauto]

This is a rotisserie restored 1971 340 Auto Cuda BS23H1B, that sold for $55K in the Fall of 2012. It was not numbers matching. Today this car would be closer to $65K

['Cuda Hunter]

That is always the problem on boards like this that allow comments in forsale ads.
People make statements from home and the seller thinks he's sitting on gold and lets real buyers walk.
I always prefer boards that the forsale ads are just that an ad not a discussion.
Ron

This doesn't typically happen like on this board.
 I actually don't like boards that won't let me comment, a little.

[anlauto]

It is odd that we are allowed to comment in people's ads, but what else would we have to talk about

['Cuda Hunter]