Latest news with #DonTarr
Yahoo
15 hours ago
- Automotive
- Yahoo
The Collector Car Market Is Collapsing Rapidly
Read the full story on The Auto Wire After years of rapidly climbing values, the collector car market is collapsing rapidly as investors pull out. We see evidence all around us of this phenomenon, some shocking like NASCAR hero Don Tarr's '69 Dodge Charger Daytona failing to meet reserve at there's broad evidence values for both classic cars and modern collectables are imploding in a hurry. The Hagerty Market Rating is now in the high 50s after a brief stabilization in May. That's a big deal, because when the rating hit 60 back in April, it was the first time that happened in almost five years. Strange things happened during the era of covid policies, including collector car values in general reaching incredible heights. Many declared it was a new era for the hobby, acting as if the lofty prices we saw both in public auctions and private sales would never come back down. Now the party's over and it seems many investors are scrambling to unload their vehicle assets as quickly as they can, like a skater going across thin ice rapidly in hopes it doesn't collapse. Even Hagerty is wondering just how low its Market Rating will sink before things stabilize again. Operating on a scale of 0 to 100, it gauges how active the collector car market is. Back in June 2022 it reached a pinnacle of 78.22. But the bad thing was many enthusiasts who aren't multi-millionaires watched their dream rides become so expensive, they lamented they might never be able to own one. That was true for crowd pleasers like Porsche 911s and Dodge Vipers as well as more niche, more pedestrian rides like 60 Series Land Cruisers. Nobody seems to know exactly what's next in this strange market. After a runup in values like never before it seems like the correction will involve a trough or low point like the collector car hobby has never witnessed. If enthusiasts play their cards right, that might mean finally getting that dream ride. But with the ravages of inflation still felt on a daily basis, most of us have less money to play with. Image via Kevin Saechao/Facebook Marketplace Join our Newsletter, subscribe to our YouTube page, and follow us on Facebook.
Car and Driver
5 days ago
- Automotive
- Car and Driver
1969 Dodge Charger Daytona on Bring a Trailer Has a Unique History
The Charger Daytona is a homologation special for stock car racing. This example was the price for setting a qualifying record at Alabama International Motor Speedway in 1969. The original owner competed in 48 NASCAR races and was the first driver to broadcast live on air from inside the cockpit during a race. To the casual muscle-car fan, seeing a pointy nose and a tall rear wing on a big-body Mopar heralds the arrival of a Plymouth Superbird. This winged warrior might be yellow, but it's no Big 'Bird; instead, it's the earlier Dodge version, a 1969 Charger Daytona, and it's up for auction on Bring a Trailer (which, like Car and Driver, is part of Hearst Autos). The first stock car to crack 200 mph, the Daytona was faster than Plymouth's best efforts, and this roadgoing version has a wonderful backstory. Courtesy: Bring a Trailer Plymouth built more than twice the number of Superbirds than Dodge built Charger Daytonas, both intended to homologate an aerodynamics package for high-speed oval racing. The Daytona was slipperier, designed in a wind tunnel with a coefficient of drag of 0.29 as compared to the 'Bird's 0.31. That might not seem like a lot, but squeaking out an extra couple of mph per lap over a 500-mile race really adds up. This example was awarded to Don Tarr, a veteran racer who competed in dozens of NASCAR races through the late 1960s into the early 1970s. It was his prize for setting a record during qualifying at the Alabama International Motor Speedway in 1969, driving a 1967 Dodge Charger. Courtesy: Bring a Trailer Tarr was a pretty interesting guy. Born in California, he grew up in Africa before returning to the U.S. to train as a physician. Settling in Florida, he soon took up oval racing, driving Fords and Chevys. In 1969, he started driving a Dodge and managed a career-best sixth place at the Coca-Cola 600 in Charlotte Motor Speedway in North Carolina. Pretty good for a mid-field gentleman driver for whom racing could have been just a sideline, but Tarr was pretty committed to hurling big-bore power down those banked turns. He has the pioneering status of being the first driver to broadcast from inside a car during an actual race, as heard on ABC's Wide World of Sports in 1970, at Daytona. By all accounts he was a kind and effective physician to boot, and lived into his early nineties as a pillar of his rural community. Courtesy: Bring a Trailer Dr. Tarr kept this car until 2016, and you have to hope he took it for a boot around the block or two well into his eighties. The current owner lightly refreshed the car recently with some cooling work and changing out the plugs and wires, and it looks to be pretty original. It has 77K miles on the odometer, so it was actually driven rather than being cocooned, though this Charger does have the distinction of being an actual museum piece: in the mid-1990s, it was on display at the International Motorsports Hall of Fame at Talladega. Under that big yellow hood is a 440-cubic-inch V-8 with a four-barrel carburetor, good for a factory rating of 375 horsepower in 1969. A three-speed TorqueFlite automatic gets power to the ground with a limited-slip differential out back. Courtesy: Bring a Trailer Just over 500 Charger Daytonas were built, making them very collectible these days. This one has great provenance, being owned by the kind of driver who knew how to handle a big beast like this at high speed. The auction ends on June 25. Brendan McAleer Contributing Editor Brendan McAleer is a freelance writer and photographer based in North Vancouver, B.C., Canada. He grew up splitting his knuckles on British automobiles, came of age in the golden era of Japanese sport-compact performance, and began writing about cars and people in 2008. His particular interest is the intersection between humanity and machinery, whether it is the racing career of Walter Cronkite or Japanese animator Hayao Miyazaki's half-century obsession with the Citroën 2CV. He has taught both of his young daughters how to shift a manual transmission and is grateful for the excuse they provide to be perpetually buying Hot Wheels. Read full bio
