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XF Values Are In the Toilet

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Old Jan 6, 2007 | 10:45 PM
  #41 (permalink)  
Sidez's Avatar
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From: New Jersey
Default Re: XF Values Are In the Toilet

Originally Posted by Outlander
So back to depreciation. Check this out, I decided to go with a Mustang GT convertible. With my x-plan and other magical bonuses the dealer came up with I'm getting a new '06 that MSRP'd @ $34,380 for $26,200.

The kicker is they are giving me $19,000 for my 18 month old '06 Civic with 17,000 miles on it. That's $600 more than I paid for it new!

When the dealership presented their numbers all I could say was, "Wow... uh... OK?".
Lol that does not make sense at all how can they give you more than MSRP?!?... The way some people do business remains an unsolved mystery...
 
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Old Jan 7, 2007 | 01:04 AM
  #42 (permalink)  
gdrayb's Avatar
Joined: Oct 2006
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Default Re: XF Values Are In the Toilet

Originally Posted by Dube
I'm with you, JK! I'm able to get my Serotta road bike in my coupe! I just take off both wheels and gently position the bike in the trunk with the handle bars across the solid trunk wall! If only the passenger seat folded forward-flat... without this stupid wall! I think it would solve our problems!

I also intend to keep mine for a long time!

Dube
Dube, I have a road bike and have not been able to get it in my crossfire. Mine is a 57cm. What size is your bike and how are you putting it in there. A picture would be great. I tried to put it in as you described after reading your post and just couldn't get it to fit without taking a chance on scratching the bike and I baby my bike like I do my car.
 
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Old Jan 13, 2007 | 09:22 PM
  #43 (permalink)  
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From: Binghamton Area / Upstate NY
Default Re: XF Values Are In the Toilet

Originally Posted by Outlander
In considering one I found what everyone is already aware of, the values are in a steep decline. The Crossfire is not a highly sought model because of its specialized niche and, for the most part, dealers don't want any part of them. (However, one Chrysler dealership was willing to take an order for a new '07 for Spring delivery so they appear to be making a return. They also said they weren't going to order any to have on the lot so I doubt the market is going to get flooded with '07's).

In light of the uncertainty surrounding this model I'm considering a Mustang GT convertible to be a safer option. The Crossfire is a very, very nice car. If it would have passed the golf clubs in the trunk test it would be an easy choice to pick one up at these fire sale prices.
I would say these cars are a good investment... I just picked mine up for $16,900.00 though I read before buying there is currently a 233 day supply of Crossfires available. However, keep in mind in the spring time the resale price is likely to go up $3,000 just because that is the time of year people want them.

Chrysler has to do something about the resale or they will be left with 2007 models well into 2009... Why spend $36,000 when you can spend $15,000...?

Then again... maybe they just do not know what they are doing to help make this car the huge success it could be... It probably isn't a mistake the Sebring is taking some of it's styling cues from Crossfire... If they do expect to retain Crossfire customers with 'that other coupe' and 'that other convertible' they are likely in for a big surprise...
 
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Old Jan 14, 2007 | 12:24 AM
  #44 (permalink)  
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Default Re: XF Values Are In the Toilet

Originally Posted by rhacker382
I would say these cars are a good investment... I just picked mine up for $16,900.00 though I read before buying there is currently a 233 day supply of Crossfires available. However, keep in mind in the spring time the resale price is likely to go up $3,000 just because that is the time of year people want them.

Chrysler has to do something about the resale or they will be left with 2007 models well into 2009... Why spend $36,000 when you can spend $15,000...?

Then again... maybe they just do not know what they are doing to help make this car the huge success it could be... It probably isn't a mistake the Seabring is taking some of its styling cues from Crossfire... If they do expect to retain Crossfire customers with 'that other coupe' and 'that other convertible' they are likely in for a big surprise...
I don't think resale will climb, but there will be more interest at the prices to come. I think what will happen is prices will start hitting $12k for used verts in '08 and there will be an annual decline of $2-3k every year after that until prices settle in the $6k range if parts don't become scarce for some reason.

Could it be that a low mileage, mint condition, non-SRT convertible would be going for $7-8k in 2010? I'd better start saving my pennies just in case.
 
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Old Jan 14, 2007 | 12:34 AM
  #45 (permalink)  
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RPM
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Default Re: XF Values Are In the Toilet

Just my thoughts. True, Crossfire values are very low.
Typically, vehicles that have collector potential tend to bottom out and then slowly go back up (Corvettes for instance).
I usually purchase used vehicles, as I did with my SRT6. This lets somebody else take the 'value hit,' and let me get a great deal.

Would I have bought a SRT6 Roadster new (when they first came out)? No way. The sticker on mine was almost $52,000. A year and 3,450 miles later, the value/price dropped more than $20,000.

For nearly a year I looked at and researched different vehicles that I felt would be enjoyable (for my wife and I) and likely be a collectable in the future. Some considerations of used cars I had were: GTO, Boxster, WRX STi, 350z Roadster, BMW Z4, TT Quattro Roadster, Mustang GT and Cobra, 3000GT VR4, 300ZX Twin Turbo, Chevrolet SSR, Lexus SC430, etc.
Then I started looking into the Solstice GXP and Sky Red Line, which are around $30,000. I like the Sky Red Line, I think it is a nice looking vehicle. But when it came down to buying a new 2007 Sky Red Line for around $30,000 or a 2005 SRT6 Roadster for around $30,000, the choice was easy.

Needless to say, I plan on keeping my SRT for years and years. It will only be driven in the summer and in no rain. I will probably put less than 1,000 miles a year on it. It was purchased to be not only a toy, but an investment.

If I had an abundance of disposable income, I would buy many Crossfires and hold on to them. They are beautiful, rare, and refined cars.

I can kind of see the Reatta comparison (my parents owned one), but then again, there are a lot of differences. The Reatta may have been a two seater, but it was slow and didn't handle well at all. The one we owned had the innovative touch screen that controlled heating/cooling, radio, and displayed the tach, etc (It didn't work that well either).
I think that the Crossfire will survive far better than the Reatta did. It has a lot of things going for it.

If you can hold on to your Crossfires, you may be able to pat yourself on the back 15-25 years down the road.
 
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Old Jan 14, 2007 | 01:10 AM
  #46 (permalink)  
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Default Re: XF Values Are In the Toilet

15-25 years is a long time. Maybe not long enough, maybe too long. The stuff from the 70's is going bonkers now and I wonder how many cars won't achieve collector status because of failed electronics that are no longer supported or something silly like airbag issues.

It's funny how everyone has their "if only" car. Mine would be my '82-85 era Celica GT. Those 80's Japanese imports (Supra, 280z, RX7) cleaned up on the domestics and by the 90's they were taking on the Germans. You'd think those cars would be more collectible.

I digress. I can't imagine the people of 2032 forgoing their jetpacks for a Crossfire or Viper. Who knows, there may be a couple paved roads or runways at a museum to drive them on (if only there was any fuel left. My bad).
 
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Old Jan 14, 2007 | 09:28 AM
  #47 (permalink)  
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From: Binghamton Area / Upstate NY
Default Re: XF Values Are In the Toilet

We we never be allowed to travel in 3 dimensions with Jet Packs... People can't handle 2 dimensions now... ;-) What you are more likely to see are cars that drive themselves with GPS and radar... ALA the "I, ROBOT" movie...

Back to the Crossfire... Since production numbers have been relatively low compared to other vehicles, and since the car is a performer, - and people are still intrigued with its style... It is likely to increase in value over time. I doubt it will ever bring the kind of numbers a '68 Shelby Mustang 500 GT at auction (My father sold his for $97,000 two years ago; he kept the '67 350 GT and they called and offered the same $$!!); the rarer the care and the greater the intrigue the higher the value... However, we do have about a 15 to 20 year grace period...

I just bought my XF a week ago, on an impulse... I am glad I did it!
 
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Old Jan 14, 2007 | 09:39 AM
  #48 (permalink)  
crossfirefrank's Avatar
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From: Grass Lake, MI.
Default Re: XF Values Are In the Toilet

I too bought a new limited roadster last year for 27k and plan on keeping it a long time. I also only drive it in the summer on sunny days. When I put it into storage this fall it had 850 miles on it. I to think and hope it is worth some money down the road but don't care, I bought it to enjoy driving. I think it will become more of a head turner as time goes on and there are less and less of them on the road.
 
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Old Jan 14, 2007 | 04:16 PM
  #49 (permalink)  
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From: Binghamton Area / Upstate NY
Default Re: XF Values Are In the Toilet

Originally Posted by Top_Down_SRT
RE: "If it would have passed the golf clubs in the trunk test it would be an easy choice to pick one up at these fire sale prices."

I found that you can get a full set if clubs in a convertible, in five or so steps:

1) Put the top up, trunk divider stowed.
2) Take the woods out of the bag and place them on the passenger floor with the heads at in the footwell and the shafts running along the door side of the seat.
3) Take the irons out of the bag and place them diagonally in trunk.
4) Open trunk divider, put the golf bag in the trunk.
5) Put top down.

If is good enough weather for golf, it lets me enjoy the ride on the way to the course.
For the record, I love that post. I printing it a putting it in my golf bag. ;-)
 

Last edited by rhacker382; Jan 15, 2007 at 07:07 PM.
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Old Jan 15, 2007 | 07:07 PM
  #50 (permalink)  
rhacker382's Avatar
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From: Binghamton Area / Upstate NY
Default Re: XF Values Are In the Toilet

Okay...

I saw a picture on here someplace with a "Powered by Mercedes-Benz" decal on the Crossfire window...

I want one now...
 
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Old Jan 15, 2007 | 07:35 PM
  #51 (permalink)  
Sennaspirit's Avatar
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From: Magnolia, DE
Default Re: XF Values Are In the Toilet

RH,
Use the search function and you'll find it. Here's a freebie for you:
https://www.crossfireforum.org/forum...ad.php?t=11655
 
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