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Challenger SRT8

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Old Feb 8, 2008 | 12:56 PM
  #31  
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bluebeastsrt
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Default RE: Challenger SRT8

ORIGINAL: Ride Of The Month

but if you think about it, once you get to a certain age of the cars, theyre all worth something...the early 80s turbododges are fetching a fair dollar...hell, i sold one that didnt run for over a grand...

my demon 340 was a budget car, and it books for something like 20,000 now...what is that, like 5 times what it sold for, new?
It's a beautiful thing. I looked up the retail on my car and it's still 18.5 for a 2004! I dont see any reason why a SRT 10 Viper wont fetch top dollar like the chargers of the muscle car era are fetching now. And I dont see why the lower models like the SRT-4 wont increase in value just like the Demon you mentioned. Dodge always sells less than Ford and Chevy so they'll always have the lower numbers.
Old Feb 8, 2008 | 12:59 PM
  #32  
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Default RE: Challenger SRT8

must be nice my car is 2 years old and has 14k miles on it i think blue book is maybe 14k maybe
Old Feb 8, 2008 | 01:40 PM
  #33  
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acascianelli
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Default RE: Challenger SRT8

Did anybody else happen to notice that the first models will be automatic only and will NOT have limited slip...
Old Feb 8, 2008 | 02:09 PM
  #34  
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Default RE: Challenger SRT8

ORIGINAL: bluebeastsrt

ORIGINAL: Ride Of The Month

but if you think about it, once you get to a certain age of the cars, theyre all worth something...the early 80s turbododges are fetching a fair dollar...hell, i sold one that didnt run for over a grand...

my demon 340 was a budget car, and it books for something like 20,000 now...what is that, like 5 times what it sold for, new?
It's a beautiful thing. I looked up the retail on my car and it's still 18.5 for a 2004! I down see any reason why a SRT 10 Viper wont fetch top dollar like the chargers of the muscle car era are fetching now. And I dont see why the lower models like the SRT-4 wont increase in value just like the Demon you mentioned. Dodge always sells less than Ford and Chevy so they'll always have the lower numbers.
Car collecting is very difficult. For ride of the month, that340 demon that cost what $4000 in 1970 or 1971? If you account for inflation, $4000 in 1971 dollars is worth more than $21Ktoday.That sounds great if you consider that your car has not depreciated at all in terms of real dollars, butthen add in the cost of keeping insurance over that span of years, storage, a/c and/or heat, upkeep/maintanance... You aren't making any money in the long run. At best you are breaking even, unless you have a super low mileage, untouched and stock "survivor" car from the muscle car era, but where is the fun in that?

And if you are paying over sticker for any car...the newchallenger, the camaro, or the GT500, you are already starting behind the power curve in terms of benefiting from it becoming a collector in future years.

My point is you have to keep your car for a very long time if you want to actually make it an investment of sorts or want to benefit from its rarity orit being considereda collector, maybe 20 years or more. Otherwise just drive it, take car of it, and have fun.
Old Feb 8, 2008 | 02:20 PM
  #35  
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bluebeastsrt
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Default RE: Challenger SRT8

You mention the cost of insurance, maintainace and up keep but I have all those issues with my beater Chevy Aveo. Thats just part of the cost of owning any car. The only difference is in 20 years my Aveo will be worth about $10 bucks at a scrap yard while something with SRT written on it will still have people that would want to own it and willing to pay good money for it.
Old Feb 8, 2008 | 02:46 PM
  #36  
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Rock36
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Default RE: Challenger SRT8

ORIGINAL: bluebeastsrt

You mention the cost of insurance, maintainace and up keep but I have all those issues with my beater Chevy Aveo. Thats just part of the cost of owning any car. The only difference is in 20 years my Aveo will be worth about $10 bucks at a scrap yard while something with SRT written on it will still have people that would want to own it and willing to pay good money for it.
That is definitely true, and I won't dispute that, but such cars have different insurance premiums etc...sometimes they are more, other times they aren't.

My point is that, generally speaking, a collector car isn't going to really make any money for a person unless you are talking about something that is ultra rare, stock, and in excellent shape. Just garaging a car for 20 years with a car cover on it isn't enough to keep it in excellent shape sometimes depending on where you live.

Buying a car that will be a collector is more of an enthusiast thing than a value thing.

I'm not directing my comments directly to you or anyone...I just read a lot about this or that car is a collector and will be worth a lot of money someday, but it just isn't that easy. Justifying paying over sticker price for a car, because it is a collector makes this thinking even more flawed, again just general comments.

Old Feb 8, 2008 | 02:55 PM
  #37  
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bluebeastsrt
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Default RE: Challenger SRT8

ORIGINAL: Rock36

ORIGINAL: bluebeastsrt

You mention the cost of insurance, maintainace and up keep but I have all those issues with my beater Chevy Aveo. Thats just part of the cost of owning any car. The only difference is in 20 years my Aveo will be worth about $10 bucks at a scrap yard while something with SRT written on it will still have people that would want to own it and willing to pay good money for it.
That is definitely true, and I won't dispute that, but such cars have different insurance premiums etc...sometimes they are more, other times they aren't.

My point is that, generally speaking, a collector car isn't going to really make any money for a person unless you are talking about something that is ultra rare, stock, and in excellent shape. Just garaging a car for 20 years with a car cover on it isn't enough to keep it in excellent shape sometimes depending on where you live.

Buying a car that will be a collector is more of an enthusiast thing than a value thing.

I'm not directing my comments directly to you or anyone...I just read a lot about this or that car is a collector and will be worth a lot of money someday, but it just isn't that easy. Justifying paying over sticker price for a car, because it is a collector makes this thinking even more flawed, again just general comments.

I didn't take it as a shot at me and your right who knows what the future holds? But I agree the collector car maketof tomorrow isdirectly tied to the enthusiast market of today. If you own a sporty desirable low number car. Odds are your in slighty better shape as far a collectability goes is all I was saying. We'll all have to wait 25 years and see what will be hot in the future.
Old Feb 8, 2008 | 03:01 PM
  #38  
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Default RE: Challenger SRT8

Call me in 20 years and I'll buy your Neon.

Just busting your nuts, Blue!
Old Feb 8, 2008 | 03:11 PM
  #39  
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bluebeastsrt
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Default RE: Challenger SRT8

LOL yea problay for the same 10 bucks i'd get for the Aveo.[:@]
Old Feb 8, 2008 | 03:15 PM
  #40  
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BicketyBam
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Default RE: Challenger SRT8

ORIGINAL: bluebeastsrt

LOL yea problay for the same 10 bucks i'd get for the Aveo.[:@]
You have a well built car - I just wouldn't want a FWD car with that much power!



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