Anybody catch Tuesday's "Appraise my Car" ? 70 Challenger SE RT

[Scatterbrain]

Anybody catch the show "Appraise my Car" on Tuesday?  They show 2 eps.  The first had a Green 70 Challenger SE RT submitted for appraisal.  The guy appraised it at around 41-42k and the owner during the initial interview was putting the value at around 50-55k but after the appraisal lowered it to about 47-48k.  He said that with Dodge coming out with the new Challenger the value of this car was going to go through the roof. 

Come to think of it, thats not the first time I've heard that.  When I went to see a 71 Challenger that www.texastoybox.com had at the Texas Heat Wave car show in Austin, I thought 34k for a 340 4 barrel Plum Crazy Challenger RT that needed work was a bit out of the ballpark, the guy's reply was exactly the same thing.  Are folks out there thinking that because the new Challenger is coming out thats an excuse to  jack up the prices? 

[67Vette427]

I saw that episode a while back. I think the owner's value was too high. I've seen a lot of cars go up for sale for what the owner thinks they're worth and they eventually go down.  I'd really have to want a green RT SE to give him 42k or better. There's just so much out there in that price range. In 2003 I bought my 70 440 Challenger RT SE for 19k.

[torredcuda]

Because there is a new Challenger coming out it is creating publicity and hype for the name and therefore more people may want an old one so the prices go up.Just the like the I-phone there are those who need the latest fad whether it`s a tech gadgit,clothes or a cool car and are dumb enough to pay more than they are worth instead of waiting till the price comes down.

[Rare_T_A]