I saw this car on Facebook marketplace being sold out of Mentor, Ohio and wanted to post it here on FABO because I believe it is a very good example of what these cars cost to restore and what they are worth after they are done.
This 69 Cuda has exactly what most of the market is looking for in one of these cars. It was done to almost a "perfect and correct" restoration and it has a 340, a 727 automatic and a 3:55 rear gear. The owner put cragars on the car, but a "purist" could easily put the original wheels and hubcaps on this Barracuda. The car has the deluxe interior with console and headrest bucket seats. I think this car presents very well and has many desirable features. I would not want to be the one to tell this owner this little "factoid", however, he got bad advice on the motor color. 1968 Barracuda's had the 340 painted red as this guy did. In 69, all 340's were painted hemi orange. But no sane person would fault this car at all for that little "faux paw."
As to the money - the seller says he has over $50,000 in this restoration which I ABSOLUTELY believe because this car was a complete tear-down, rotisserie painted project. There are lots of new parts on this car which along with the paint and bodywork, quickly increases the restoration costs. However, the seller is listing this car for $32,500 which is right where the current market is for a car optioned like this one completely restored to almost perfect condition. It would not surprise me if this seller would take $30,000 cash if offered. Any way you look at it, you CANNOT restore these Barracuda's to the condition of this car and make money. You will ALWAYS have more money in these cars than they are worth. But would it be worth $18,000 that you knew you couldn't recover to a real "Cuda lover" to have and drive this car? I think it would.
I like to post cars and information here on FABO that might help owners and potential buyers (and someone considering a full restoration of their car) examples of what is out in the marketplace right now. I hope this post is of value to someone.
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