Vintage Value???
Alright guys I'm wondering...
We all know Chrysler stopped making our cars. That combined with the rarity of the Crossfire, anybody have any idea what our ride will be worth in the future? Maybe ten... all the way to 30 years down the road? Isn't 30 years the cut-off for vintage vehicles these days? I should still have mine, if I stop ragging it out...
We all know Chrysler stopped making our cars. That combined with the rarity of the Crossfire, anybody have any idea what our ride will be worth in the future? Maybe ten... all the way to 30 years down the road? Isn't 30 years the cut-off for vintage vehicles these days? I should still have mine, if I stop ragging it out...
Originally Posted by xfireblur
Alright guys I'm wondering...
We all know Chrysler stopped making our cars. That combined with the rarity of the Crossfire, anybody have any idea what our ride will be worth in the future? Maybe ten... all the way to 30 years down the road? Isn't 30 years the cut-off for vintage vehicles these days? I should still have mine, if I stop ragging it out...
We all know Chrysler stopped making our cars. That combined with the rarity of the Crossfire, anybody have any idea what our ride will be worth in the future? Maybe ten... all the way to 30 years down the road? Isn't 30 years the cut-off for vintage vehicles these days? I should still have mine, if I stop ragging it out...
but really there's no way to know what it will be worth.
You do know that in 30 years that million bucks might buy a synburger at McTofu if your lucky? 
My opinion is that the car will not achieve any great levels of value - even with the relatively low numbers sold. The special models, SRT & roadsters will do better, but that dang slush box gets in the way. Best I think we can hope for is a slower rate of depreciation - but I haven't seen that yet!
Last year had the dealer install new headlights (getting milky). When I went to pick the car up, the mechanic that did the work came out to see whose car it was. Suggested I keep it as it would become valuable some day. It would be nice if he was right, but I don't think so.
Best thing is to enjoy the car now. If it retains some larger level of value then ordinary cars, so much the better. That icing on the cake should not be the reason for buying a car, unless you are just an investor.
Fun stuff is like buying a 1959 AH Sprite in 1971 for $35. Today, I still have the car, + many many memories, and it is worth a bit more than $35. I didn't buy it for that reason - back in 1971 all I could afford was a cheap sports car. Another way of looking at a xfire purchase is to see what else the money would have gotten you as far as a set of wheels is concerned. People who see the car think it is much more expensive then they are. Reality is that a nice Camry or Accord costs more than my xfire and are not nearly as much fun.
Henry - who hopes he is wrong on this one but intends to drive the wheels off of it in the meantime!
My opinion is that the car will not achieve any great levels of value - even with the relatively low numbers sold. The special models, SRT & roadsters will do better, but that dang slush box gets in the way. Best I think we can hope for is a slower rate of depreciation - but I haven't seen that yet!
Last year had the dealer install new headlights (getting milky). When I went to pick the car up, the mechanic that did the work came out to see whose car it was. Suggested I keep it as it would become valuable some day. It would be nice if he was right, but I don't think so.
Best thing is to enjoy the car now. If it retains some larger level of value then ordinary cars, so much the better. That icing on the cake should not be the reason for buying a car, unless you are just an investor.
Fun stuff is like buying a 1959 AH Sprite in 1971 for $35. Today, I still have the car, + many many memories, and it is worth a bit more than $35. I didn't buy it for that reason - back in 1971 all I could afford was a cheap sports car. Another way of looking at a xfire purchase is to see what else the money would have gotten you as far as a set of wheels is concerned. People who see the car think it is much more expensive then they are. Reality is that a nice Camry or Accord costs more than my xfire and are not nearly as much fun.
Henry - who hopes he is wrong on this one but intends to drive the wheels off of it in the meantime!
First of all it isn't that rare. Total production is up around 70-80,00o units I believe. BUT, I think its chance to be valuable down the road is pretty good. Its got a dual bloodline which I think helps its uniqueness and it doesn't look like anything else on the road. Now that I've gotten my XF's replacement (which I believe is a lot more common around my area than the XF) you can truly see how unique its (the XF's) design is. Some love it some hate it, I believe more love it but it definitely stands out. Truth be told if you hold any car for 30 years and keep it in pristine condition it'll probably be worth several times what you paid for it. Yes, even a Honda Civic 4 door sedan. Reason being cars like that are so commonplace they're rarely kept pristine, usually are dealt with like an appliance and rarely cherished. So 30 years down the road they've been so used and abused and finally thrown away that they're rare. The Mustangs that are now being produced in every possible collector variant will be commonplace because everyone buying one thinks they've bought a collectable and will try to keep it in collectable condition. All because the Mustangs from our youth are now extremely rare and valuable. Thats because they were used, abused and mostly thrown away with few surviving in perfect shape. The perfect example of even high volume cars being valuable and collectable is the 64 and 65 Mustang. I believe there were over 2 million produced in the first 2 years of production yet any model you have today even a lowly 6 cylinder auto is probably worth 4-5 times its cost new if its in perfect shape. First most important thing in my experience is originality and second condition. Retain those 2 and your car will go up in value with time. Just my .02.
Last edited by buggy4crossfires; Feb 26, 2008 at 12:04 PM.
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