For depreciation on our beloved Crossfires? I am thinking at some point in time the value will start moving in the other direction, but I am not so sure when. If anyone has a crystal ball, clue me in, please.

Right now, book value on mine is not much more then my 05 Ranger FX/4 which has 157K on the clock. LOL.

Cheers, mates.

 

when it reaches between 20 to 25 years old, maybe.

 

Well my Reatta coupe is 30, was a low production halo car with the first production touchscreen, and has not started up yet.


Also the Merc SLK230 is 20 and is a $2k-$5k car.


Is not just age, is also supply (many XFs on Craigslist) and desirability.


Of all of my cars, only the 48 year old Judge "American muscle" is appreciating and they rarely come up for sale.

 

Low mileage, no rust, no accident, minor or no mods and SRTs could be the future keepers. If and when is anybody’s guess. Buying a car for future price increases is a big gamble. If you have one drive it and enjoy.
Most probably you will sell it a year or two before it becomes a collectors car anyway.

 

You 'make your money when you buy it' is the old adage. Clearly there are certain cars that appreciate, most muscle cars historically. I have NEVER lost money on a GTO, Vette, or Mercedes. In all cases I made money due to the type and original purchase price. Buy it for yourself, not the next guy, and enjoy it. Note to Padgett: I sold a Grand National several years back (it was mint) and made a profit, but not what I had expected. Markets for certain types, although albeit narrow in some cases, do exist. Bragging Rights are worth adding to the bottom line !


http://mycarquest.com/2016/11/future...crossfire.html


Article_AmericanCarCollector (SepOct-2017)_Chrysler Crossfire.pdf

 

Cars depreciate with age and mileage. The dollar depreciates. these two forces alone make it virtually impossible to gain value with most any car.
And making a 35 profit on a car after10 years is really no more than even money. If you had insurance and property taxes, you most certainly lost.


180 has the best advice. buy it and enjoy. If you buy on the odd chance you have bought a future classic thar will bring in big bucks, your odds are worse than playing the lottery.
As for the Chrysler Crossfire, it is simply not that popular in the general marketplace. It will never be a '57 T-bird or a AMC. So, it's intrinsic value far exceeds it's marketability.

 

I bought a used '67 Camero 327 4 speed with 6000 miles for $1900 in '68.
I sold it in '73 with 130,000 miles for $2000 - thought I had made a GREAT deal.
Today, that particular model would auction between 45,000 - 80,000,
Just goes to show, you never can tell.

 

I bought a 1960 Chevy 348 convertible for $300.00 in 1966. I sold off the extra speed parts I found in the trunk for $240.00. Two years later I traded it for $600.00 on a fairly new 1965 Plymouth Fury III convertible.
I thought I was a genius at buying and selling cars.
That car today sells for over $35K


However, I would have spent more than that on repairs and insurance ( not to mention fuel consumption).


We cannot all make money buying and selling our toys. Some do, yes. But most of us,,,; buy cars for the love of having them.

 

I have done many restorations thru the years. I made money on some and lost on others. Several of them would have made me wealthy If I had stored them and maintained them for 30+ years but I always needed the money to buy more cars and take care of my family. Many times I was asked how much a certain restoration was worth and I always responded "scrap metal price unless someone was willing to pay more". Anything is only worth what someone else is willing to pay for it.

 

I can fix almost anything but do not do "pretty" or deal with rust. Over the years I have had hundreds of cars, mostly unusual and low production.


Usually, I "buy cheap and sell reasonable" but rarely on impulse. Any more I limit to the number of garage doors. Do not like to sell things particularly after I make the way I want.


While I tend toward similar drivetrains, each of my cars has a different purpose. Crossfire is a great around town and short trip car, Reattas are better road and overnight. Jeep is a two seater with a lot of luggage space.


If anything is common, most of my cars have been two seaters or have a folding rear seat. Had a '67 Camaro I removed the rear seat entirely and built a carpeted platform in back.

 

Sounds familiar, except my '67 Camero had the factory option fold down rear seat.

 

Had a '67 Camaro I removed the rear seat entirely and built a carpeted platform in back
[/QUOTE]
why didn't you just buy a AMX ,much better car than the camaro
example of value amx made by amc 2018 $70,000.00
IF the AMX had been made by Chevrolet $102,000.00

 

i have been a corvette guy my entire adult life starting in 1963 with a 4 speed split window coupe which i sold to buy a 1969 4 speed 350/350 corvette convertible. when i tell that story the normal response is almost always not "i'll bet you wish you still had the 63" (which of course i do), but "why in the world did you do that??" the reality is (and was) that at the time it was a 6 yr old "old" car and i wanted to upgrade my ride, lol. if all of us held onto at least 1 of our original "rides" from days gone by, it would probably have resulted in a score, but time and opportunity at that time got in the way, lol..

 

for me?
Don't matter, not selling.

an investment car sits in a garage, the rest get driven. (yeah I know there are exceptions to the rule.)

 

This car didn't sell, she ended up trading it in (which means she got less than $5000).

So, no, I do NOT believe we are at the bottom. I have often thought we were, but the collapse keeps continuing.





There is a black limited six speed roadster with that 'orange' interior (what do you call that color?) here in Texas with close to 90,000 for $4500 - he cant sell his either.




We GOTTA be close to the bottom....

 

I know she wasn't selling for $5000 but I would have come and picked it up for that...

 

That is true, but you forgot to mention, the $50 or $60, thousand dollar for the restoration of the car. With that mileage and nothing done to it, say a barn find, maybe $5,000.
jm2cw.

 

My guess is that the SRT6 convertibles in stock cherry condition with very low miles would be the first to start appreciating but guessing when is impossible.

 

Only collectors will pay higher prices for cherry and rare cars. At over 70,000 made it's not that rare..




I'm not sure the Halo two seater, even an AMG roadster, being the red headed stepchild from a bitter divorce, will fetch much interest for sometime yet to come.

 

As the commercial says, mine are "priceless" ... to me. I don't worry about value because I intend to keep driving them (on nice summer days) until I cannot, then they go to the kids. I might have to start looking for a 2005 graphite gray parts car, though.