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How long will it take for the Crossfire to become a Rarity if discontinued...

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Old 07-07-2006 | 11:39 PM
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Default How long will it take for the Crossfire to become a Rarity if discontinued...

If the Crossfire is discontinued how long do you think it will take for the car to become a rarity and a collectable? ... for rarity I figure within the next 5 years, considering people will tear the car up or wreck it, once it's wrecked it will no longer be of any great value, and there fore it will be tossed as junk, that will mean fewer Crossfires... As for collectable I feel that will happen the day the car is officially discontinued... hooah

And as for value I can only say what people have said to me after seeing my Crossfire "Good looking car, keep it clean" and we'll see where the value ends up, but at the same time I can say for sure that the value of our Crossfires will never be Realized on a dealership's used car lot.

 
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Old 07-08-2006 | 12:55 AM
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Default Re: How long will it take for the Crossfire to become a Rarity if discontinued...

Man I hope you are right!
 
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Old 07-08-2006 | 09:54 AM
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Default Re: How long will it take for the Crossfire to become a Rarity if discontinued...

Well yes and no. What makes anything appreciate in value is not just because it is rare. Some cars were made and did not sell well and there for are low numbers but in the true sense of being rare, some nobody want s them now so even if you owned the last one it would not have much value. A good example of this is an '82 or '82 Lincoln Mark V. Even in mint like new condition they bring around 5K. What makes common production cars rare are ones that people wanted when they were younger but they could not afford so when they have the means they seek them out. If there aren't many then the price goes up. Challenger's and Cuda's are good examples of that. Another example is if outside conditions exist then that can drive up a car's value. Such as a movie that shows that car, American Graffiti and the Thunderbird or even the '57 Chevy. Now most two seater's are lower production cars but just like the Crossfire isn't selling many now in 10 years maybe even less people will want them. An Allante is a good example of that. Yes there will always be those that like a certain model but most cases if it didn't sell when it was new in most cases will not be a valuable car later.
 
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Old 07-08-2006 | 10:25 AM
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Default Re: How long will it take for the Crossfire to become a Rarity if discontinued...

The problem now is not that people don't want the crossfire, most people don't know what it is.
And when they see it,they like it but they think its too expensive for them.
So i think it will increase in value with time, like the prowler.
 
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Old 07-08-2006 | 11:26 AM
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Thumbs up Re: How long will it take for the Crossfire to become a Rarity if discontinued...

I agree with Miike, about the value of the car if DC decides to discontinue the XF. Since there are no 06's being sold in the sates, I think DC will bring back the XF for 07' and if sales don't pick up, that's when they will make their decision. Being a two seater, this isn't a family car, so it only appeals to a single guy or gal that wants an affordable sports car that is stylish and handles well. I watch the papers and the internet for used XF's and the cars are going for 19k-20k for a nice coupe--the convertibles are going to hold their value!!
 
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Old 07-08-2006 | 11:53 AM
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Default Re: How long will it take for the Crossfire to become a Rarity if discontinued...

I don't think the XF will go up in value at all, it will depreciate for sure, and who knows what better-looking cars DC will be putting out in the future?

Maybe in about 15-25 years the value of the car will begin to climb, that's as long as it has low miles and super paint, I wouldn't waste my time worrying about it, just drive the damn car and have a blast with it.

Another example of this would be Mazda's RX-7, it's just as cool a car as our XF if not better, but look at it's value currently no ones dropping 20 grand for a base model, they only bring about $10,000 for an 8 year old car.
SO I wouldn't look at your XF as an investment it's a personnel toy!
 
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Old 07-08-2006 | 12:48 PM
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Default Re: How long will it take for the Crossfire to become a Rarity if discontinued...

Originally Posted by upstate
Well yes and no. What makes anything appreciate in value is not just because it is rare. Some cars were made and did not sell well and there for are low numbers but in the true sense of being rare, some nobody want s them now so even if you owned the last one it would not have much value. A good example of this is an '82 or '82 Lincoln Mark V. Even in mint like new condition they bring around 5K. What makes common production cars rare are ones that people wanted when they were younger but they could not afford so when they have the means they seek them out. If there aren't many then the price goes up. Challenger's and Cuda's are good examples of that. Another example is if outside conditions exist then that can drive up a car's value. Such as a movie that shows that car, American Graffiti and the Thunderbird or even the '57 Chevy. Now most two seater's are lower production cars but just like the Crossfire isn't selling many now in 10 years maybe even less people will want them. An Allante is a good example of that. Yes there will always be those that like a certain model but most cases if it didn't sell when it was new in most cases will not be a valuable car later.
You are 100% correct, and hit the nail right on the head. Of all makes and models produced, only a very few increase in value, become collectables or highly sought after. I think it will be a long time, if ever, that the Crossfire will reach that stature.

Look how far the Crossfire has dropped in price since it's introduction. From MSRP of $35,000 the first six months or so, to what ever the going price is now in the low 20's for a left over new '05.

Most of us love the Crossfire for it's unique design, but in the overall scheme of things it has been a big flop for DC. Being a pretty face and turning heads may make us feel good, but that didn't make money for DC. And those of us that bought the first year have really took it in the shorts $$$ wise.

With all that said (sometimes the truth hurts) I do not regret buying the car early on and having paid MSRP. But, if I had known of the huge price drop that was on the horizon, I would of waited. Oh well, that's life. I have mine, I'm happy with it and that's all that matters. Buying a car in anticipation of it increasing in value is not what it's all about...
 
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Old 07-08-2006 | 01:05 PM
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Default Re: How long will it take for the Crossfire to become a Rarity if discontinued...

it did not take the RX-7 long after being discontinued.
 
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Old 07-08-2006 | 01:11 PM
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Default Re: How long will it take for the Crossfire to become a Rarity if discontinued...

I don't have to worry about that since my crossfire's value has already gone up now to the 50k-70k range!

Everytime I get approached by somebody, they always tell me "You should be a lawyer or a doctor to afford this car". I just give them a smile and it feels good that others think this is a really expensive car!
 
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Old 07-08-2006 | 01:14 PM
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Default Re: How long will it take for the Crossfire to become a Rarity if discontinued...

Originally Posted by MattyK
I watch the papers and the internet for used XF's and the cars are going for 19k-20k for a nice coupe--the convertibles are going to hold their value!!
MSRP for a "new" left over '05 Limited roadster is still in the $39,400 range, but can be had for the low 30's if not a little lower provided the buyer knows anything about the car.

Using MSRP window sticker price of $39,400 and KKB used car values as a guide, a used '05, in excellent shape with 15,000 miles lists for $26,020 for private party sales, even lower for trade-in. I'd would hardly call a $13,380 price drop in the first year as "holding it's value".
 
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Old 07-08-2006 | 01:19 PM
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Default Re: How long will it take for the Crossfire to become a Rarity if discontinued...

Originally Posted by Cyril Baldwin
I don't have to worry about that since my crossfire's value has already gone up now to the 50k-70k range!

Everytime I get approached by somebody, they always tell me " You should be a lawyer or a doctor to afford this car ". I just give them a smile and it feels good that others think this is a really expensive car!
Because people think it's expensive has nothing to do about the true value. Just look at the big dealer discounts and used car values for it.

I know what you mean, I too "think" mine is far more valuable that what they're selling for now. But the sad truth is that's not the case.
 
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Old 07-08-2006 | 02:21 PM
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Default Re: How long will it take for the Crossfire to become a Rarity if discontinued...

Verts always are worth more than hard tops that's as much a fact as verts are always slower due to there added weight. I've owned many verts and tons of hard tops. I've been collecting cars on and off for twenty years. Made money on a few and sold many more but enjoyed them all.
 
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Old 07-08-2006 | 02:52 PM
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Default Re: How long will it take for the Crossfire to become a Rarity if discontinued...

Originally Posted by CrazyInBlack
it did not take the RX-7 long after being discontinued.
The last RX-7 sold in the U.S. was the '95 model year. MSRP was in the $37,800 range. I don't know what they sold for a few years after they were discontinued because of slow sales, but today, eleven years later, KKB list one in "good" condition, private party sale at $15,485. It has lost 59% of it's value to date. It may have held it's value well, but they have not increased in value at all.

A 2004 Crossfire coupe that listed at $35,000, now sells for $18,380 KBB private party sale. That's about a 47% loss in two years.

A 2004 SLK 320 which listed about $47,500, now sells for $29,875 KBB private party sale. That is about a 36% loss in two years.
 
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Old 07-08-2006 | 03:12 PM
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Default Re: How long will it take for the Crossfire to become a Rarity if discontinued...

I think that the car will become a collector soon after it is discontinued, especially the roadsters and SRT6. Much like the Buick GN, the Last Camaro and Trans am, etc. Even the Fiero became collector cars, but the cost of all collector cars never went above a brand new one until many years later. It takes alot of inflation to other similar cars for that to happen.
 
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Old 07-08-2006 | 03:50 PM
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Default Re: How long will it take for the Crossfire to become a Rarity if discontinued...

The crossfire design and styling will be the factor if it becomes a rare exotic in the future!
 

Last edited by Cyril Baldwin; 07-08-2006 at 03:53 PM.
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Old 07-08-2006 | 05:09 PM
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Default Re: How long will it take for the Crossfire to become a Rarity if discontinued...

Originally Posted by FirebaseD
If the Crossfire is discontinued how long do you think it will take for the car to become a rarity and a collectable? ... for rarity I figure within the next 5 years, considering people will tear the car up or wreck it, once it's wrecked it will no longer be of any great value, and there fore it will be tossed as junk, that will mean fewer Crossfires... As for collectable I feel that will happen the day the car is officially discontinued... hooah

And as for value I can only say what people have said to me after seeing my Crossfire "Good looking car, keep it clean" and we'll see where the value ends up, but at the same time I can say for sure that the value of our Crossfires will never be Realized on a dealership's used car lot.
Some members have mentioned previous cars such as the fiero... Buick GN camaro and such... what the crossfire has on its side is the fact that it is the soul and bones of a MB/SLK... with this in mind... MB enthusiasts are a diehard - "purebred" group because mechanically the MB has surpassed expectations thru-out the generations.

Chrysler will sell off (by hook or by crook... giveaways/sweepstakes/car rentals...etc) all of the XFs... thats a given. Rarity, i feel ...is already here... low production numbers.

In my opinion it will instantly be considered a collectible (to the wise ...anyway) as soon as production ceases...

Value of XF... will rise however i am looking at Long term!... but again in my opinion the fact that it has MB under a well designed-timeless- skin will help the XF from hitting bottom the way the fiero ended up being a "donor" car for the kit car world.
 
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Old 07-08-2006 | 11:46 PM
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Default Re: How long will it take for the Crossfire to become a Rarity if discontinued...

I too believe that the Crossfire will eventually reach collector status, but it will take some time. The odds should be in our favor, Chrysler, Dodge and Plymouth have had good success producing collectibles in the past and I don't see the Crossfire being any different. The key will be taking care of them until they do and stock piling spare parts that aren't common to the SLK. I think it is also a good idea to collect a some of the memorabilia, such as the models clothes along with your original invoice. In fact I even have the DVD along with the Silver dollar that Chrysler was giving out at dealerships when the 300C and the Crossfire were being premiered. I didn't buy the car for an investment, I bought because I enjoy it. However, I do take care of the car and put it in storage for the winter because it does save on insurance and extends the life of the car for when roads are good and days are great!
 
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Old 07-09-2006 | 02:11 AM
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Default Re: How long will it take for the Crossfire to become a Rarity if discontinued...

Thou I agree with many of the comments, I have never seen anything good said by MB owners in their forum about the Xfire, so I cant say many MB guys are going for the XF, now or in the future.
I purchased the XF because it looked good, it had a MB history behind it, and the price.
however I now see I should have gotten the MB SLK.
I do my best now, I keep it nice and clean, store it during the winters, and if it rains it stays inside, not because of the water (I know what your thinking).
 
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Old 07-09-2006 | 09:57 AM
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Default Re: How long will it take for the Crossfire to become a Rarity if discontinued...

Museum quality Buick Grand National...$19,000.00*
Loaded Buick LaCrosse $33,260.00

1967 Mustang GT Fastback $21,200.00*
Loaded 2005 GT Fastback $28,915.00


Man, it's hard gettin' rich by buying new cars.


*prices found on ebay 7/9/06
 
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