Crossfire value
I've read on the board that alot of people of saying crossfire will stop production in 06'-07'. If that's the case how much do you think a good condition crossfire would be worth 10 years down the road?
Originally Posted by TheCrossfirekid
probably not much, Its not worth much now sadly, that's why i'm glad i have a lease, but also sux cause i got 2 years to go.
who knows 70' and 71' hemi cudas were worth about half their purchase price in 1974-75 due to gas and insurance prices. now you can't touch a nice one for less than $200,000.
If you are looking to make an investment cars are a BIG gamble. Buy what you like and enjoy it.
If you are looking to make an investment cars are a BIG gamble. Buy what you like and enjoy it.
the big problem i have is not knowing if i want to buy it out at the end. if i do then i want to start modding now. but if i don't i can't really do anything cause of the lease.
Originally Posted by viper2ko
I've read on the board that alot of people of saying crossfire will stop production in 06'-07'. If that's the case how much do you think a good condition crossfire would be worth 10 years down the road?
not. I'm actually hoping they stop production after this model year ('07) to increase the chance of the above happening.
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'09 updates??? highly doubt it...the reason they're can be found such good deals on the current crossfire's is because dealers are not moving them. A model of car is just like anything else in the business world...if you don't prove your worth:
Originally Posted by stryfox
who knows 70' and 71' hemi cudas were worth about half their purchase price in 1974-75 due to gas and insurance prices. now you can't touch a nice one for less than $200,000.
If you are looking to make an investment cars are a BIG gamble. Buy what you like and enjoy it.
If you are looking to make an investment cars are a BIG gamble. Buy what you like and enjoy it.
I believe the Crossfire name will disappear in a few years, along with the current car. I would love to see Chrysler use the current SLK350 chassis in '09 on a redesigned crossfire. For those of you who don't already know it, the crossfire is a direct replacement for the Prowler. The next "Halo Sports Car" will wear a different nameplate. By '09 the current SLK will be nearing a redesign, leaving the chassis for Chrysler. I'm also expecting Chrysler to build the Firepower and price it between the SRT-6 and SRT-10 Viper, roughly $65K maybe $70K. That will be my first big purchase after I finish my Pharm. D.
BTW, this all depends on what happens with DCX. If the Corp splits then everything goes out the window and Chrysler gets to design its own Crossfire!
Back on subject, I doubt the cars will be worth much down the road. It would be similar to finding old MGs, cool but not expensive collector cars like E-types or Cudas.
I don't think I will ever sell my Crossfire, unless its my last option. I will have it paid off by the time I graduate then it gets to sit in the garage and be my hobby car. I'm also buying my SRT-4 back from my brother and making it my 11-sec weekend driver. This all depends on my finishing Pharmacy school, till then its just a dream.
BTW, this all depends on what happens with DCX. If the Corp splits then everything goes out the window and Chrysler gets to design its own Crossfire!
Back on subject, I doubt the cars will be worth much down the road. It would be similar to finding old MGs, cool but not expensive collector cars like E-types or Cudas.
I don't think I will ever sell my Crossfire, unless its my last option. I will have it paid off by the time I graduate then it gets to sit in the garage and be my hobby car. I'm also buying my SRT-4 back from my brother and making it my 11-sec weekend driver. This all depends on my finishing Pharmacy school, till then its just a dream.
I expect the Crossfire to hold it's value about the same as any C class Benz, depending on condition. As for Crossfires being built pass 05' has anyone seen an 06' yet? I think 06's will be it. No mas, and then crossfire will become more of a what's that car!
Heads up,
Due to Chrysler discontinuing the "Crossfire" on 06'-07' and the car not really hitting well in today's automotive market. Whether you buy a new one or are buying/leasing one, the value of our cars are very low. I went to have mine appraised and all I could get is about $17k to $18k, tops! I've only had my 04' for a year. Do the math, a $30k to $32k car and a year later depreciates down to $18k = $14k of a loss.
Buy the car if you fancy it, do not buy the car as an investment!
Due to Chrysler discontinuing the "Crossfire" on 06'-07' and the car not really hitting well in today's automotive market. Whether you buy a new one or are buying/leasing one, the value of our cars are very low. I went to have mine appraised and all I could get is about $17k to $18k, tops! I've only had my 04' for a year. Do the math, a $30k to $32k car and a year later depreciates down to $18k = $14k of a loss.
Buy the car if you fancy it, do not buy the car as an investment!
One thing is for sure regarding used Crossfires and value... a potential second owner can find some really nice, low mileage Crossfires for very reasonable prices on the market. But, I suppose that means that many original owners will not fare well when they sell their car.
I expect the Crossfire to go the way of the Cadillac Allante (I own one). The production run will end ('06, '07) and soon afterward, DM will begin to forget about the car. If I am correct, the Crossfire that will hold it's value the most will be the last production year model with the most options...SRT, convertible. And, then the car will have to be in excellent condition with low mileage.
In 25 years we will begin to know the story of what happened. As for me - I intend to enjoy the car now. It is a terrific car.
I expect the Crossfire to go the way of the Cadillac Allante (I own one). The production run will end ('06, '07) and soon afterward, DM will begin to forget about the car. If I am correct, the Crossfire that will hold it's value the most will be the last production year model with the most options...SRT, convertible. And, then the car will have to be in excellent condition with low mileage.
In 25 years we will begin to know the story of what happened. As for me - I intend to enjoy the car now. It is a terrific car.
Originally Posted by ERCROSSFIRE04
Heads up,
Due to Chrysler discontinuing the "Crossfire" on 06'-07' and the car not really hitting well in today's automotive market. Whether you buy a new one or are buying/leasing one, the value of our cars are very low. I went to have mine appraised and all I could get is about $17k to $18k, tops! I've only had my 04' for a year. Do the math, a $30k to $32k car and a year later depreciates down to $18k = $14k of a loss.
Buy the car if you fancy it, do not buy the car as an investment!
Due to Chrysler discontinuing the "Crossfire" on 06'-07' and the car not really hitting well in today's automotive market. Whether you buy a new one or are buying/leasing one, the value of our cars are very low. I went to have mine appraised and all I could get is about $17k to $18k, tops! I've only had my 04' for a year. Do the math, a $30k to $32k car and a year later depreciates down to $18k = $14k of a loss.
Buy the car if you fancy it, do not buy the car as an investment!
Don't hold your breath waiting for a 2006 model, cause it ain't gonna happen!!! All the 2006 models are out, and there is no plans to make any more crossfires at this moment. Do not believe anything the salesman or dealer tell you about the crossfire, they know very little about the car, and that's one of the main reasons the car didn't sale very good! So hold on to your cars, and keep them in good condition, and remember, all good things comes to those who wait ... and besides that the crossfire is the hottest looking car on the road, just look at all the turned heads as you drive down the road!!!
The dealer here still has alot of 04's left over, mostly 6 speeds and a few 05' srt6's. I'm waiting for the right timing on one of those. As for maybe collectable, it will turn to probably, if no more in 06'. But it will take a few years for people to realize the car it's unique and DC already stopped production. I think they will retain they're value like the MBs other C Class models.
I think that Firepower will be advertised as the successor of the X-Fire in 2007, will try to get the x-Fire aficionados to think about getting a Firepower as their next car...if the Firepower has a price tag in the low 50's, I think it could work...of course, that doesn't speak for the price of current X-fires in a few years.
I think the Prowler is a good model for the Crossfire. They didn't sell as well as expected, and were flawed in areas where hot rods should excel (they offered limited individuality and lack of power). That said, take a look around for a cheap Prowler. More people want 'em now, apparently. There is future appreciation hope for our little cars, even if they are built on an old platform. After all, the Crossfire has the same thing going for it that the Prowler did - breakout styling.
If the car is replaced in 2007 MY, or 2009, or whatever, I am all for a name change. The name "Crossfire" sounds too much like "Sunfire" to me!
If the car is replaced in 2007 MY, or 2009, or whatever, I am all for a name change. The name "Crossfire" sounds too much like "Sunfire" to me!
Nobody likes to lose money, that's a given. But I personally don't know anybody that "invests" in new cars to make money either. Simply enjoy the car for what it is. One terrific handling, great looking, well built, and quick little sports car. Sure there's going to be some cars that are faster, some that hold their value better, and even some that are more desirable, but not many, especially not at the price most of us paid for our Xfires. Trust me, if ya keep it for 35 years, it will be worth more than you paid for it.
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Well, I invest huge some of money into my crossfire because my life depends on it. The car we are driving account to certain percentage of our life while we are in it.
Anyway, I like the idea of keeping it for 35 years. It won't be as old as wine but it will be vintage and classic in its own way. Worth more than I paid...maybe. But not making business out of it.
Guess I ought to think of having a house with a garage since I can't own two parking lots for myself, well at least not here.
Anyway, I like the idea of keeping it for 35 years. It won't be as old as wine but it will be vintage and classic in its own way. Worth more than I paid...maybe. But not making business out of it.
Guess I ought to think of having a house with a garage since I can't own two parking lots for myself, well at least not here.


