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SRT6 as an Investment?

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Old 06-29-2011 | 10:08 AM
bhahlbeck's Avatar
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Default SRT6 as an Investment?

Hey guys-

I'm still in the market and just can't find a SSB Coupe/Roadster that is as clean as I want it to be--seeing a lot of bad light lenses and annoying bumper and paint issues. Some of the cheap tires that dealers put on these cars too!

Getting to my point, when do we envision the 6's pricing at an all time low and when do we envision the 6 actually appreciating? I think that we can all agree that we have seen this with the Supras and I'd anticipate this for us soon too.

Thoughts?
 
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Old 06-29-2011 | 10:16 AM
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Talking Re: SRT6 as an Investment?

I understand where your coming from! Keep looking are get one thats close to perfect and then you make it perfect just a thought
 
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Old 06-29-2011 | 10:41 AM
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Default Re: SRT6 as an Investment?

Originally Posted by bhahlbeck
Hey guys-

I'm still in the market and just can't find a SSB Coupe/Roadster that is as clean as I want it to be--seeing a lot of bad light lenses and annoying bumper and paint issues. Some of the cheap tires that dealers put on these cars too!

Getting to my point, when do we envision the 6's pricing at an all time low and when do we envision the 6 actually appreciating? I think that we can all agree that we have seen this with the Supras and I'd anticipate this for us soon too.

Thoughts?
If you are waiting for thelow price point on a perfect SRT6 roadster.....you missed it. The cars are holding or increasing in sell price. And the so called perfect one you seek,,,it is becoming more and more rare as time passes.

Either it is being held for the same purpose you seek or.... it is being driven.

Rcomparts was likely the best deal ever on a good SSB roadster. $17,500

Mach2plus was perfect as they come,,,,went for $19,000

Despite the fabulous prices seen at Barrat Jackson, cars are seldom a profitable investment. And while I have one sorta put away, it is so I have a spare when my grandson wrecks mine.

He is only five but I want to be prepared. The day of reckoning is inevitable. SS payments won't cover a new one.


roadster with a stick
 
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Old 06-29-2011 | 11:02 AM
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Default Re: SRT6 as an Investment?

Crossfire = Investment?

Never in my lifetime. Buy one, get it the way you want it, DRIVE IT AND ENJOY IT. Life is too short to worry about the next owner of your car.

James
 
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Old 06-29-2011 | 11:06 AM
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Default Re: SRT6 as an Investment?

When I first bought the 6 for my wife and I as a weekender, I had similar thoughts about the rarity, possible appreciation, etc. I kept it covered, stressed about every little ding, chip, putting too many miles on it and so forth; and then I started Autocrossing. I now care much less about all that and really just enjoy driving the heck out of it. I still hate dings, but have a great PDR guy now. I no longer think of it in terms of appreciating(would be great though of course)and am enjoying the car way more now. I'll drive it until the breather covers weep again; and then I'll clean and put some fresh RTV on and drive it some more. I probably didn't answer your question, just a few thoughts.
 
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Old 06-29-2011 | 11:09 AM
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Default Re: SRT6 as an Investment?

The Barret Jackson values do not figure in the cost of restoration. Most are sold at a loss. My black SRT6 Roadster needs no restoration or outside maintenance.It is going up in value. I don't need or want to sell. It's MINE Gary
 

Last edited by arado; 06-29-2011 at 11:16 AM.
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Old 06-29-2011 | 11:55 AM
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Default Re: SRT6 as an Investment?

Gary is right here. But a simple review verifies the futility of investing in cars.
In 1957 a T-Bird sold for $3,800.00 Today that same car sells for $35,000 to $60,000

Assuming you spent the thousands or so a year it took to keep it from falling apart.

In 1957 a loaf of bread was 10 cents and a MacDonalds burger was 12 cents. Today a loaf of bread is $2.50 and a burger sells for more than abuck.
A decent 3 bedroom ranch went for $12K and today would sell for $150K

But as an investment the house was a far safer bet for the money. So would the same dollars invested in a simple mutual fund or stocks.

No, don't buy cars for an investment. Buy them to drive. That is their purpose. And at that they yield a far greater return.

As James put it, the last guy you should worry about pleasing is the next owner of your car.



roadster with a stick
 

Last edited by Franc Rauscher; 06-29-2011 at 12:49 PM.
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Old 06-29-2011 | 12:15 PM
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Default Re: SRT6 as an Investment?

I plan to own four or so XFs by the time I retire.
If they go up in value that will be a plus but that's not why I want them.
 
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Old 06-29-2011 | 12:31 PM
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Default Re: SRT6 as an Investment?

Unless Chryler becomes a respectable company I doubt the SRT6 will become a valuable vehicle in the future. The Crossfire series was never popular so why would it popular in the future. I own a '05 SSB coupe, all original with 10,000 miles. NO MODS and she's pampered. I still drive it from time to time but I have no intention to modify. The more cars that are modded the more mine will become desirable (MAYBE). So folks keep modding....and higher milers one day yours will become a coke can. Good for me! I like to hope.
 
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Old 06-29-2011 | 12:38 PM
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Default Re: SRT6 as an Investment?

I am "Kinda" in agreeance with Franc. Like an airliner going down, that ground is coming up pretty quick!
The days of finding SRT's that haven't been played with are becoming a thing of the past. Perfect ones are not depreciating all that much. If your wondering when the "book" will show a value increase that will not happen. Many older cars don't have a Price so to speak they have a "what do you want for it price?" Since back when I had my 04' Limited I have seen the market completely change on this car. Values down, parts way up and untouched perfect ones rare and staying put, value wise.
I want $18,500. for mine. Too high? Maybe but that's what it will take to own "my" SRT. Quite a loss if you concider what I originally paid and modifications I have put in it.
Montana
 
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Old 06-29-2011 | 12:42 PM
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Default Re: SRT6 as an Investment?

Originally Posted by tighed1
I plan to own four or so XFs by the time I retire.
With four you could have your own GTG there DJ. You'd certainly have no shortage of volunteer drivers.
 
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Old 06-29-2011 | 12:46 PM
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Default Re: SRT6 as an Investment?

Originally Posted by Hurricane
Unless Chryler becomes a respectable company I doubt the SRT6 will become a valuable vehicle in the future. The Crossfire series was never popular so why would it popular in the future. I own a '05 SSB coupe, all original with 10,000 miles. NO MODS and she's pampered. I still drive it from time to time but I have no intention to modify. The more cars that are modded the more mine will become desirable (MAYBE). So folks keep modding....and higher milers one day yours will become a coke can. Good for me! I like to hope.
I have heard this before, and still do not understand the logic. The most common mods on an SRT are pulley, tune, and CAI. I would bet that almost everyone that has done these mods still have the OEM pulley and intake, which would take a total of 30 minutes to return to stock. I still have mine. If you wanted to bother, you could have a dealer re-flash the ECU to stock. So, for the most part, the mods we do to our cars will have no effect of the eventual value. I have not seen any radical mods to an SRT that could not be undone. Heck, even the Black Max could easily be returned to stock for a reasonable price if the SRT became a valuable collecter car. I do agree with you that the SRT will not likely become valuable in the future.
 

Last edited by bmorgan; 06-29-2011 at 12:48 PM.
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Old 06-29-2011 | 12:54 PM
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Default Re: SRT6 as an Investment?

Use it but not abuse it
 
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Old 06-29-2011 | 02:26 PM
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Default Re: SRT6 as an Investment?

Originally Posted by Hurricane
Unless Chryler becomes a respectable company I doubt the SRT6 will become a valuable vehicle in the future. The Crossfire series was never popular so why would it popular in the future. I own a '05 SSB coupe, all original with 10,000 miles. NO MODS and she's pampered. I still drive it from time to time but I have no intention to modify. The more cars that are modded the more mine will become desirable (MAYBE). So folks keep modding....and higher milers one day yours will become a coke can. Good for me! I like to hope.
Chrysler built 2000 Super Birds in 1970. Check the value today. I Keep my one of 928 SRT6 roadsters No corrosion, just peel and stick and unstick gary
 
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Old 06-29-2011 | 03:06 PM
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Default Re: SRT6 as an Investment?

Wow, making the comparison between the Superbird and Crossfire SRT-6 is the most inacurate example you could possibly have chosen. The ONLY comparison between the two examples is the number of letters in their names.

MIke
 
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Old 06-29-2011 | 03:18 PM
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Default Re: SRT6 as an Investment?

For the most part, cars are not an investment. My recommendation, buy a car to drive and some stock (like SIRI) to invest...
 
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Old 06-29-2011 | 04:08 PM
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Default Re: SRT6 as an Investment?

Originally Posted by Hurricane
The more cars that are modded the more mine will become desirable (MAYBE). So folks keep modding....
Maybe when my grandkids make it to the next world, they can let me know if anything changed....
 
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Old 06-29-2011 | 04:32 PM
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Default Re: SRT6 as an Investment?

Originally Posted by Montana Crossfire
Wow, making the comparison between the Superbird and Crossfire SRT-6 is the most inacurate example you could possibly have chosen. The ONLY comparison between the two examples is the number of letters in their names.

MIke
I would agree.
 
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Old 06-29-2011 | 04:59 PM
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Default Re: SRT6 as an Investment?

Originally Posted by Montana Crossfire
Wow, making the comparison between the Superbird and Crossfire SRT-6 is the most inacurate example you could possibly have chosen. The ONLY comparison between the two examples is the number of letters in their names.

MIke
The comparison is both were super cars when introduced. The superbird had it's Road runner companion. The SRT6 has The NA. There are still 1000 superbirds left. And none of them has a top that goes down. My SRT6 does. Gary
 
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Old 06-29-2011 | 05:07 PM
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Default Re: SRT6 as an Investment?

Well, I have mine listed on ebay for the second time. I researched Kelly Bluebook and discovered that the bluebook price of my car has gone up $2k since the last time I listed it.

One reason is the fact that used cars are bringing more money these days, due to the economy. I guess the depreciation has slowed.
 


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