NEW! Award 41: 1974 Plymouth Satellite Sebring Street Machine – SOLD!
You have to feel for an enthusiast who decides to plunge $50 large into a restoration/build of a car that simply is not worth a lot of money in most other car enthusiasts’ eyes. Unfortunately, that’s the situation we have with this 1974 Plymouth Satellite Sebring listed recently on Craigslist in Manchester, New Jersey where the private seller is currently asking $32,000 but is willing to hear offers. Unfortunately, he’s not going to like what he hears as the Hagerty Insurance Online Valuation Tool confirms this private seller has his Sebring Street Machine priced $11,000 higher below the current #1 “Concours” estimate of $21,000. Compounding the problem is the seller’s choice of building up a 318 cubic inch small block rather than making his car more desirable by stuffing a Mopar big block in it to grab people’s attention. Despite all of the money he’s put into his car, we predict he’ll be lucky to get a $20,000 offer on it and that would only likely happen if he comes across a buyer who always wanted a ’74 Satellite Sebring. Highly unlikely and for that reason, we’re forced to give the seller our latest NEW! (short for “No Effin Way!”) Award for expecting the next caretaker to subsidize a substantial portion of what he has in the car.
Here’s the seller’s description:
“Fully restored, new engine, trans, suspension, brakes, interior, and more. Car runs and drives great. All sheet metal is original. Over $50,000 invested. Started restoration in 2002, completed in 2007. Garage kept. Motor is a new block 5.2l 318cu with a lot of custom work, heads are 302 casting with custom port and polish. Engine makes 400hp. Trans is 727 Torqueflite , rear is a Mopar 9 3/4 with 3.91 Posi gears. Very fast and sounds great. Was built to be reliable and can be a daily driver. This is not a trailer queen. Message me for details and to come see it. Make me an offer!“
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