How much is a 1962 Dodge Lancer worth?
The 1962 Dodge Lancer is a classic American car that has gained significant value over the years. Depending on the condition and rarity of the vehicle, a 1962 Dodge Lancer can be worth anywhere from a few thousand dollars to over $50,000 in the collector car market.
Factors Affecting the Value of a 1962 Dodge Lancer
Several factors can influence the value of a 1962 Dodge Lancer, including:
- Condition: The overall condition of the vehicle, including the exterior, interior, and mechanical components, is a significant factor in determining its value. Well-maintained, original-condition Lancers tend to be worth more than those that have been heavily modified or restored.
- Rarity: The Lancer was not a high-volume model, and certain variants, such as the Lancer Convertible, are particularly rare and valuable.
- Originality: Vehicles that have retained their original parts and features, such as the engine, transmission, and interior, are generally more valuable than those that have been heavily modified or restored with non-original components.
- Provenance: The history and ownership of the vehicle can also impact its value, especially if it has a notable past, such as being owned by a celebrity or used in a film.
These factors, combined with the overall demand for classic Dodge vehicles, contribute to the wide range of values for a 1962 Dodge Lancer.
Typical Value Range for a 1962 Dodge Lancer
According to the research, a 1962 Dodge Lancer in poor condition with significant damage or modifications could be worth as little as $2,000 to $5,000.
A well-maintained, original-condition Lancer in good to excellent shape, however, could be worth anywhere from $20,000 to $50,000 or more.
Rare variants, such as the Lancer Convertible, can fetch even higher prices, with some examples selling for over $75,000 at auction.
Ultimately, the value of a 1962 Dodge Lancer depends on a combination of these factors, and the specific condition and rarity of the vehicle in question.
Why was the Lancer discontinued?
Slowly, however, market demand started shifting towards vehicles offering greater versatility and space, and cars with smaller environmental footprints. In 2017, Mitsubishi decided to stop production of the Lancer and shift its focus over to crossovers and SUVs, as well as electric and hybrid powertrains.
Is Lancer good or bad?
The Mitsubishi Lancer is fairly reliable. RepairPal gave it a 3.5 out of 5.0 reliability score, and many owners have driven their Lancers for more than 100,000 miles.
What is the most expensive Lancer?
Mitsubishi Lancer Evolution VI Tommi Makinen Edition
A Mitsubishi Lancer Evolution VI Tommi Makinen Edition sold for £100,100. That's a whole lot of moola to spend on an automobile, but it makes the Lancer Evolution VI Tommi Makinen Edition the most expensive Lancer ever sold at an auction. For us Americans, £100,100 is a little less than $121,000.
How many 1962 Dodge Lancers were made?
Production Figures
| Total Dodge Production for 1962 : | 240,484 |
|---|---|
| 1962 Dodge Lancer 770 | |
| GT Hardtop Coupe 2 dr. 5 P : | 14,140 |
What engines do Lancers have?
The Mitsubishi Lancer has 1 Diesel Engine and 2 Petrol Engine on offer. The Diesel engine is 1998 cc while the Petrol engine is 1468 cc and 1795 cc . It is available with Manual & Automatic transmission.
What year did Dodge make the Lancer?
1961–1962: Lancer
| 1961–1962 | |
|---|---|
| Also called | DeSoto Rebel (South Africa) |
| Production | 1960–1962 |
| Model years | 1961–1962 |
| Assembly | United States: Los Angeles, California Newark, Delaware St. Louis, Missouri Mexico: Mexico City Switzerland: AMAG Automobil- und Motoren, Schinznach |
Which year Lancer is best?
Most Reliable Mitsubishi Lancer Years: Eighth Generation (Sold: 2002-2007)
- 2004 Mitsubishi Lancer. Although the eighth-generation Lancer debuted for the 2002 model year, the early years of this version were plagued with drivetrain problems.
- 2005 Mitsubishi Lancer.
- 2006 Mitsubishi Lancer.
- 2007 Mitsubishi Lancer.
What is the rarest Lancer?
Evo VI Extreme
I believe in the Lancer GSR EVO VI there was only ever 572 built in Rheims Blue making it the rarest of that gen with the exception of the Evo VI Extreme. Even rarer than the Tommi Mäkinen Edition.
How much do Lancers go for?
Prices for a used Mitsubishi Lancer currently range from $2,991 to $45,991, with vehicle mileage ranging from 19,303 to 189,040.
Why is the Lancer so popular?
Known as an affordable and dependable compact sedan, the sporty Lancer was loads of fun to drive. Meanwhile the Lancer Evolution, popular on the world rally scene, established itself as a performance workhorse that put other sportscars in its rearview mirror, and a smile on its drivers faces.
