* Condition of the body: "Minimal rust" is subjective. Surface rust is far different from significant rust requiring extensive bodywork. The less rust, the higher the price.
* Completeness of the car: Is it mostly complete with its original engine and parts, or are major components missing? Complete cars command higher prices.
* Mechanical condition: How well does the engine run? Does the transmission work? A running car, even if rough, will be more expensive than a non-runner.
* Location: Prices vary regionally. Cars in areas with less demand or more readily available parts may be cheaper.
* Market fluctuations: The classic car market is constantly changing. Current trends and economic conditions influence prices.
Realistically: You're unlikely to find a truly drivable 1969 Dodge Charger needing restoration with minimal rust for under $20,000. More realistically, expect to pay closer to $30,000 - $50,000 or more, depending on the factors above. Prices can easily exceed $100,000 for a well-preserved example, and a completely restored car will be significantly more.
To find the best deal, you'll need to:
* Search extensively: Use online classifieds (like Craigslist, Hemmings, eBay Motors), specialized classic car websites, and local car shows.
* Be patient: Finding the right car takes time.
* Be prepared to travel: The best deals may not be in your immediate area.
* Have a thorough pre-purchase inspection: Don't rely solely on the seller's description. A qualified mechanic's assessment is crucial.
Expect to compromise. You'll likely need to accept some level of needed work, even if it's less than a full restoration, to find a car within a more affordable price range.
