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SRT6 prices finally going up?

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Old Feb 5, 2012 | 12:01 AM
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TomSRT's Avatar
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Default SRT6 prices finally going up?

Black SRT6 w/ 19k miles on ebay sold today for the BIN price of $22k

http://cgi.ebay.com/ebaymotors/ONLY-19000-MILES-SUPPER-CHARGED-330-HP-AMG-ENGINE-CLEAN-CARFAX-FLORIDA-MINT-/320839538326?pt=US_Cars_Trucks&hash=item4ab386d696 #ht_15622wt_1165

I was hoping that was the start of a uptrend, but later a AB SRT6 w/ 25k miles sold for the more typical price of $15k to the under bidder of the earlier black SRT6.

http://cgi.ebay.com/ebaymotors/2005-Chrysler-Crossfire-SRT-6-Very-RARE-Car-Very-FAST-Only-25000-Miles-NC-/290663891802?pt=US_Cars_Trucks&hash=item43aceb035a #ht_12543wt_1165

Oh, well. someday... definitely not like trading stocks
 
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Old Feb 5, 2012 | 09:08 AM
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FiftyThree033's Avatar
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Default Re: SRT6 prices finally going up?

I believe, once the SRT cars disappear from dealer lots and begin to trade via private parties, you will see an upturn.
 
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Old Feb 5, 2012 | 09:25 AM
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Default Re: SRT6 prices finally going up?

These cars will always be available at dealer used car lots since many will continue to trade them in on new. Plus dealers also buy from auctions. There will always be a wide range in values based on sellers needs and motivation to sell and buyers ability to pay. The one that sold here for $22K was bought by someone that had the dough, and wanted that car. Finding the right buyer at the right time can make a huge difference in money.
 
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Old Feb 5, 2012 | 10:25 AM
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Default Re: SRT6 prices finally going up?

Originally Posted by SparkieSRT6
These cars will always be available at dealer used car lots since many will continue to trade them in on new. Plus dealers also buy from auctions. There will always be a wide range in values based on sellers needs and motivation to sell and buyers ability to pay. The one that sold here for $22K was bought by someone that had the dough, and wanted that car. Finding the right buyer at the right time can make a huge difference in money.
As far as SRT Crossfires cars are concerned, I believe a few things are happening. They are slowly finding their way into the hands of enthusiasts like ourselves. We tend to sell our cars directly to others like ourselves. The numbers of SRT Crossfires will eventually decrease due to total loss of some form or other reasons. This is why I believe at a point you will not see these cars on dealer lots as you do today.
Dealer pricing on these cars today is what is keeping the values as they are. A dealer needs to make profit and turn over cash. As long as there are cars on dealer lots priced at slim profit, then that is where we will choose to buy them. Take away that availability and the prices will rise.
I'm talking years down the road, not next year or even 5 years.
I've been into VWs for years. Look at the prices of nice examples of the Vanagon Syncro or a Karmann Ghia. Like the Crossfire SRTs they have a cult like following. Both these vehicles were plentiful (they built 10s of thousands of them) and inexpensive, even 10-15 years ago.
I bought my SRT Roadster a couple years ago for $15.6K and never expect it to be valued any less.
This is my opinion. I could be wrong. Only time will tell.
 
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Old Feb 5, 2012 | 11:37 AM
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Default Re: SRT6 prices finally going up?

cars for sale nationwide----One for $18,595 with 5500 miles and has been on the lot for 105 days---They will deal at this age---http://www.cargurus.com/Cars/inventorylisting/viewDetailsFilterViewInventoryListing.action?sourc eContext=listingsSourceContext_usedPaidSearchNoZip _true_0&newSearchFromOverviewPage=true&embedType=N ONE&entitySelectingHelper.selectedEntity=c5397&ent itySelectingHelper.selectedEntity2=c5397&uncached= false&showInactive=false&newCarsOnly=false&useInve ntoryService=true&name=entitySelectingHelper.selec tedEntity&quotableOnly=false&includeAllModelsOptio n=false&carsWithRegressionOnly=false&ign-makerId-entitySelectingHelper.selectedEntity=m23&heading=A ll+Years&ign-modelId-entitySelectingHelper.selectedEntity=d171&includeU nknownTrimOption=false&carsWithRegressionOnly=fals e&ign-carId-entitySelectingHelper.selectedEntity=c5397&ign-car2Id-entitySelectingHelper.selectedEntity=c5397&zip=370 75&distance=NATIONWIDE
 

Last edited by JimmyJames; Feb 5, 2012 at 11:42 AM.
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Old Feb 5, 2012 | 11:44 AM
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Default Re: SRT6 prices finally going up?

Originally Posted by JimmyJames
cars for sale nationwide----http://www.cargurus.com/Cars/inventorylisting/viewDetailsFilterViewInventoryListing.action?sourc eContext=listingsSourceContext_usedPaidSearchNoZip _true_0&newSearchFromOverviewPage=true&embedType=N ONE&entitySelectingHelper.selectedEntity=c5397&ent itySelectingHelper.selectedEntity2=c5397&uncached= false&showInactive=false&newCarsOnly=false&useInve ntoryService=true&name=entitySelectingHelper.selec tedEntity&quotableOnly=false&includeAllModelsOptio n=false&carsWithRegressionOnly=false&ign-makerId-entitySelectingHelper.selectedEntity=m23&heading=A ll+Years&ign-modelId-entitySelectingHelper.selectedEntity=d171&includeU nknownTrimOption=false&carsWithRegressionOnly=fals e&ign-carId-entitySelectingHelper.selectedEntity=c5397&ign-car2Id-entitySelectingHelper.selectedEntity=c5397&zip=370 75&distance=NATIONWIDE
I count 39 cars. That's no too many. Do this search 10 years from now or even 5 and try to find an unmolested car!
 
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Old Feb 5, 2012 | 12:07 PM
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Default Re: SRT6 prices finally going up?

Originally Posted by FiftyThree033
I count 39 cars. That's no too many. Do this search 10 years from now or even 5 and try to find an unmolested car!
Yes 39 on just one site, and just SRTs---I am from the other side---I sell cars and when a car becomes 10 to 15 years old most of my banks will not loan on them, so a source of money dries up and the price drops even more---You will then be locked into JUST cash buyers---They are out there for sure, but in lower numbers. It is the same with miles; I lose over half my lenders when a car breaks 100k, so the price falls---They will not even talk about a loan, so even a GREAT car sells cheaper than one might think. Your VW examples are true in dollars, but if you count the maintenance, insurance, restoring, etc and then calulate inflation---then no REAL money was made. I believe these cars are some of the best bang for the buck out there and should be driven and enjoyed. I do not see them as much more than fun transportation, and since money gets cut in half every 20 to 25 years, any increase in dollars will be offset by inflation and up keep. But as you said---Time will tell---Jimmy
 

Last edited by JimmyJames; Feb 5, 2012 at 12:26 PM.
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Old Feb 5, 2012 | 04:43 PM
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Default Re: SRT6 prices finally going up?

The $22k car is the one I looked at and questioned the actual milage. Photos show heavy wear on radio *****, gas pedal and replaced tires with only 19k miles.
 
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Old Feb 6, 2012 | 06:18 PM
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Default Re: SRT6 prices finally going up?

Strangely enough, I've had 3 people in the last month or so ask if I wanted to sell my SRT6. Too bad they are just now getting some attention after years of neglect. And, folks in the 35-55 age range seem to be coming around to the body style. Perhaps it's because it has an "uncommon" shape and the performance/handling of a great 2 seater sports car without the huge cost.
 
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Old Feb 13, 2012 | 03:22 PM
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Default Re: SRT6 prices finally going up?

I am patiently waiting for my 2005 SSB SRT6 Roadster with 22,000 miles to arrive in Kentucky from Virginia. I bought it this weekend (technically when it arrives I’ll buy it) for a shade under $21,000. I’m comfortable I paid a fair price for the vehicle considering the condition. I bought my 2005 AB Limited Roadster with 19,000 miles three years ago for $17,000, so I think the values are holding steady now. Today that car has 80,000 miles, and is going to my wife when the new one arrives. We love these cars!


I had about five near miss purchases of an SRT6 Roadster in the past year. The earlier buys fell apart either because I couldn’t find flights that made any monetary sense, or because as happened on a couple of occasions the salesman tried to get cute with the deal at the last minute. I have purchased many out of state vehicles in my job, and the last thing I’m going to do is get on a one way flight while someone is trying to muck up the deal. Its hard to get firm when you have a 500 mile walk to get home.

In any case I firmly believe the SRT6 Roadsters are going to eventually become a collector’s car, with the 2006 models pulling big money. I’m admittedly biased towards convertibles, and please don’t hate me for this, but I just don’t see the coupes ever going up in value. There are just too many out there.

I do look for Crossfire’s in general to become scare relatively quickly now that the purchase costs have dropped so far. There are people who can now afford to buy the car, but they have no idea the type of routine expenses they are going to get into in trying to maintain these cars. It not like you can go to Walmart and buy an air filter for $5, or even find the right oil there. These cars in the hands of people without assets are going to start falling apart from neglect, and get parted out at a high rate in about five more years. Again, just my opinion.
 

Last edited by N2UK; Feb 13, 2012 at 03:24 PM.
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Old Feb 13, 2012 | 06:43 PM
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Default Re: SRT6 prices finally going up?

Originally Posted by N2UK
I am patiently waiting for my 2005 SSB SRT6 Roadster with 22,000 miles to arrive in Kentucky from Virginia. I bought it this weekend (technically when it arrives I’ll buy it) for a shade under $21,000. I’m comfortable I paid a fair price for the vehicle considering the condition. I bought my 2005 AB Limited Roadster with 19,000 miles three years ago for $17,000, so I think the values are holding steady now. Today that car has 80,000 miles, and is going to my wife when the new one arrives. We love these cars!


I had about five near miss purchases of an SRT6 Roadster in the past year. The earlier buys fell apart either because I couldn’t find flights that made any monetary sense, or because as happened on a couple of occasions the salesman tried to get cute with the deal at the last minute. I have purchased many out of state vehicles in my job, and the last thing I’m going to do is get on a one way flight while someone is trying to muck up the deal. Its hard to get firm when you have a 500 mile walk to get home.

In any case I firmly believe the SRT6 Roadsters are going to eventually become a collector’s car, with the 2006 models pulling big money. I’m admittedly biased towards convertibles, and please don’t hate me for this, but I just don’t see the coupes ever going up in value. There are just too many out there.

I do look for Crossfire’s in general to become scare relatively quickly now that the purchase costs have dropped so far. There are people who can now afford to buy the car, but they have no idea the type of routine expenses they are going to get into in trying to maintain these cars. It not like you can go to Walmart and buy an air filter for $5, or even find the right oil there. These cars in the hands of people without assets are going to start falling apart from neglect, and get parted out at a high rate in about five more years. Again, just my opinion.
I pretty much agree with you on the Roadsters.
When I bought mine, two years ago I had only recently learned SRT Crossfires existed. A co-worker who bought a Crossfire back in '04( her production number is in the 1st 30 something cars) got me interested in knowing more about these cars.
When it all came together for me,...Mercedes, Karmann, AMG and limited number of 925 or so SRT Roadsters, I began checking prices. They turned out to be a lot of car for the money!
My car was at a Chrysler dealer in Minnesota where it was sold new to a female oncologist who traded it back on an Audi convertible. It was on Ebay with a $16,500 "Buy It Now" , had 52k miles and all records from day one in '05. The auction ran its course with not a single bid.
I had been in touch with the used car manager during the auction but held off from bidding.
I bought the car after the auction ended for $15,600. Since it was February, the dealer kept it in his showroom until April, when my wife and I flew out and drove it back to Massachusetts.
One of the cool things was, I would log onto the dealers site and see my car still in the showroom over the next couple months.
I've owned a lot of cars over the years and this one gives me the most satisfaction when it comes to value. I could have spent $15,600 on many lesser cars........
Good Luck with your potential purchase....
 
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Old Feb 13, 2012 | 07:01 PM
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Default Re: SRT6 prices finally going up?

I do my part by racing it. NO ONE knows about this car. People get interested in it quickly. marketing the car is a piece of cake and it indeed is a bad *** machine. All my efforts will hopefully mean more autotrader and google searches and eventually increased demand mix that in with Low supply=$$$ for us!
 
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