1970 Dodge Charger 500 Project Car Barn Find Sells For Bargain

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This car needs a lot of work, but are you surprised that it only sold for $12,500?

Putting a value on a car that needs this much work is near impossible, but this Charger was recently sold on eBay for only $12,500, which has us scratching our heads a little. Although, this is a little reporting in reverse, the car runs, and you'd think that would be enough to boost the price of this Dodge Charger 500, a bit. Now, we're somewhat wondering if the used car boom is leading people to back off of project cars right now, or maybe it's a shortage of raw materials to make car parts needed to restore it?

We strongly stand by the idea that a collector car/vintage/classic, what have you, is worth exactly as much as someone will pay for it, but this seems like a heck of a bargain. One of these cars in 'roadworthy' condition can easily fetch $50k-$60k, and it all goes up from there - a 1970 Charger in meticulous form could easily pull much bigger numbers.