The logic of each one destroyed makes the remaining ones more valuable is the reasoning used by people that destroy antique cars in demolition derbies, on TV, and in movies. Since no one knows exactly how many are left, destroying or restoring a few will not raise or lower the value of the rest. It is simply an excuse to destroy a part of history. Hopefully people that part out cars are parting out vehicles beyond help in order to restore other cars.Barry Wolk wrote:I don't know, 15,000 is endangered? How so?
I would think that fewer is better, as far as value is concerned. Each car that Dan, and others, part out make the remainder more valuable, yes?
IMO, the slab sides will never be rare and therefore not extremely valuable. Too many survivors. It is what keeps them affordable, though. It's the same problem with the Mark II. They are horribly undervalued. IMO that's because, of the 3,000 built, about 1,500 are still on the road and many hundreds still exist as parts cars. Compare those numbers to the hundreds of thousands of slab-sides made and you can see what I mean.
Rare is one of the most ridiculously overused terms in the old car hobby. People like to think it affects value, but it really doesn't. A 1957 Chevy convertible is worth 3-4 times a slabside convertible. Yet there were over 40,000 produced for that year alone. One of the most ridiculous things I hear is "This muscle car is 1 of only 3 (or whatever) built". Sure, with that engine, with that transmission, that rear axle, in that color, with that color interior, and these options. However, there were 50,000 to 100,000 of that car built for the year.
If you take the Hemi out of an Imperial, and drop it in a Barracuda, the Barracuda will sell for a ridiculous amount of money as a "Hemi clone" touted as being "as nice as a true Hemi 'cuda, but a car that you can actually drive". Yet the Imperial with that engine, some models with less than 400 built, is not worth more than $25,000 at best. And of course it was a much more expensive, better built, and better appointed car than the 'cuda, not to mention more rare.