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Old Feb 1, 2008 | 09:14 PM
  #28 (permalink)  
matthewdavid's Avatar
matthewdavid
Joined: Jun 2007
Posts: 29
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From: Atlanta, GA
Default Re: Will it rise or will it fall?

Originally Posted by No1Piranha
Check out pricing on a Prowler. Chrysler dumped a lot of excess Prowler inventory a few years ago. Now just not a lot in re-sale circulation and pricing more than many people paid for them as left-overs during the fire-sale. It's been said already, but use them for what they are, have fun, and when it comes time to sell the re-sale value is what it is. Don't expect an SRT Vert will be going for $50k five years from now, but don't expect it will be going for $5k. My best guess is a fews years driving fun at current purchase pricing is probably going to amount to $3k-5k further depreciation. By the time average mileage is in the 35-45k range, most bugs and glitches will have been well sorted out. The underlying bones of these cars are pretty solid from what I can see, and good looking always sells.
There never was a "fire sale" sale on Prowlers like the SRTs. Prowler production came to an abrupt halt in Feb., 2002, and many dealer orders were never satisfied. That's not to say that many did not sit on showroom floors for months and months because indeed they did. However, the Crossfire dilemma Chrysler has endured was nothing like that of the slow Prowler sales. As I said earlier in this post, I do believe SRT prices will stabilize like those of the Prowler, but again, 99 percent of the time you're not going to make a mint off this or any other collectible car. If you're looking to make money, invest in the stock market or real estate.

Matthew
 
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