Do you expect to see even a slight boost in the value of a Crossfire. I am not talking about rediculous high prices... I am talking about a few extra thousand dollars.

I am starting to see certain sports cars go up in value... like the previous model of Camaro (2000-2002 model years along with some of the 80's model years). There seems to be a lot of buyers out there willing to pay a few extra bucks for what they want. Yet there are other models that you can't give away. Just wondering if you think we will see a higher interest in the crossfire.

 

I think they'll stop dropping as fast for low mileage XFs, but with many of them 6-7 years old and approaching 100k in miles, their resale will not improve. I was following a thread this weekend about TR6s and the car that cost $5k in the early 1970s is 3x that now. So just wait 40 years and you'll be fine. Me, I'm going to drive mine gently but regularly for the next 20-30 years and then leave them to my heirs.

 

There are only a few thousand sports cars in the entire world that have a Lifetime Powertrain Warranty....why would I ever want to sell it?

 

they are increasing in price from the dealerships. they're getting harder to find and the dealers know that there is a certain market, so I've been seeing prices creep up.

 

When you have a commodity as small as the Crossfire combined with it's beauty. The cost will go up. There is no competition. gary

 

I've been noticing prices have both stablized and in some cases have gone up since last year. I think as time goes by, if the car is kept well the value will increase. However, the value is based on both perception and reality. Reality is, I enjoy driving mine and it's way more valuable to me to drive it than it is to keep it in the garage only to sell it for some undetermined price in the future. I bought it to drive and don't think that's going to change anytime in the near future. It may be a collector car in the future, but for now, I'm going to just enjoy the ride.

 

I just traded mine and got $13,000 for it. The dealer's finance mgr. loves the car and wants to buy it for his wife, jury is out on that. They are asking $16,9 for it which I think is still high. It started at $17,9. Like someone said I think the market will stabilize for real clean, low mileage cars. My car had quite a few mods on it, low miles and I guess they feel it enhances the value. I would have sold it but I was only gonna ask $500 more than I traded it for and I figured why go through the hassle of dealing with people trying out the car, inspection, possilbly having to ship it? It just seemed like the right deal. I have a feeling the car will sit for a while at least with the weather we are having.

 

Personally, I don't care whether it increases in value or not as I don't plan on selling it any time soon. But...if it is going to go up I sure hope it does it before the Solstice/Sky pair does.

 

There appears to be a price floor to the value of our Crossies. And we have finaly reached it.

I haven't see many below the $10K mark for sometime now. A good one sells for $12K to $15K. Like most things in the free market, the real value of the Crossfire has balanced with it's real cost to own and keep running.

I don't see them improving (gaining) in price much. With the possible exception of the SRT model; especialy the verts.

No surprises there.

Like many here, I didn't buy it for an investment that would appreciate, I bought it to enjoy and appreciate.

Mine will sit under my butt 'til the wheels fall off.

 

In my research I have found that most cars don't diminish in value drastically (bottom out) until they are about 7-8 years old. Once they are this old it becomes difficult(or impossible) to obtain a loan using the car as collateral. No standard loans mean that the majority of buyers have to have personal lines of credit or cash. The car could be immaculate with low miles but if the average joe doesn't have the means it will most likely drop in value. As for the value of it in 20 or more years only time and government regulations will tell.
I say drive the wheels off of it and bury me in it.

 

My father-in-law (God rest his soul) paid about $5K each back in the early to mid seventies for a 62 & a 66 Vette. He spent a couple of thousand on them...paint, etc. Also I assume some for insurance & taxes. Only put a few hundred miles on each over 30-35 years.....just before he died he sold them for a total of $50-55K. ...I don't know, if he had put that money in the stock market all those years (S&P was about 300 then + dividends)....he probably would have done just as good?

 

Might work on vettes. I doubt it will work on a car nobody knows much about. Like say a Crossfire.

What is an 88-89-90 Lotus Esprit worth today?

 

I just booked out my car on Black Book. I do this every few months because I am a masochist & I like to torture myself with vehicle values. Today I was happy because Black Book says my car is worth about $1700 more today than it was in November. If my XF was a house I could say I just made $1700 but that would be a conversation for the political forum! lol

Clean Black Book '05 Limited Roadster 50k $12350
Clean Black Book '05 Limited Coupe 50k $10350

This is the Southern United States Black Book dated 1/31/2010.

 

I could not buy a Lotus in 1988 or 2011. Did not, do not, have enough spare money.I did for the Crossfire Srt6 rdst. I prefer it over the Lotus. gary

 

I never said I was looking to save the car as a collectible and hope for a huge cash in. I was simply asking if you think the car will continue to hold its value and maybe increase a few thousand in the next couple of years.

I ask this simply for trade in value.... in case I decide to sell in in a couple years and buy something different.

 

If I remember right you have a base model coupe. Am I correct? If so, in a couple of years you'll be lucky to get 7k on a trade. Might get 9k if you sell it yourself.

Just so you don't think I'm ragging on you. With the amount of miles I drive my SRT it maybe worth 10k, I probably won't get more than 7-8k on a trade in a couple of years.

Edit: left out a couple of words lol. They're in blue btw

 

I think the SRT's will go up in value because of rarity and performance. I bought my 04 Ltd with 27K on the odo. for $11,900 over two years ago. I'm retired and don't drive it much, less than 1k a year. I'm thinking I could sell it for what I paid for it after 10 years of ownership, if I kept it in excellent condition.

Just for an extreme comparison, I sold my 64 Vette convertible for $1500 in 1971, when it was just another used car. I wish I had kept it for 40 more years!

 

88 Lotus sold new for $90K. You can get one in great shape under $18K almost any day of the week. Couple on EBay right now under that figure. Car is 22 years old.

New NA listed under $40K You can buy one today 4 years old for less than $12K

The market value of a Crossie is still way below it's intrinsic value. But it will likey never improve by much.

 

I don't care what mine is worth - it's value to me is much higher.

 

I traded a Mercedes for my car. When I first started seeiing Crossfires, I thought it was way too much to pay for a Chrysler. A few years latter I took a closer look and realized it was a steal for a Mercedes if I didn't mind not having the MB Vin number and emblems. I think their value will improve when people realize it was built in Germany and is virtually all Mercedes. I have already started to notice that more and more people are becoming aware of the cars true DNA and wanting to take advantage of the bargain price. Heck, when I joined this forum we were arguing on here if our cars were 20% Mercedes! What we should be watching is is the value of the 2004 SLK320 vs. the 2004 Crossfire. If we see any closing of that gap, then the car has real potential. All old cars go up at some point. Will it be 10 year, 20 years or 40? When I bought my car, it would have taken another $10K to buy a similar SLK. I can only think of two cars that were esentially a Mercedes but sold by Chrysler and that is the Crossfire and the Sprinter. What is funny about the Sprinter is they changed the grille and now call it the Mercedes Sprinter.

I wonder what the V8's wil be worth?
Here is an interesting article about the future value of the Crossfire:
http://www.collectorcarbuff.com/futu...ow-part-2-of-3

As far as the Esprit's go, their interiors fall apart and their timing belts cost a fortune to change. I also think having a four cylinder engine hurt them in the super car segment. I am still waiting for the V8 Esprit's to drop into my price range.