SRT6 as an Investment?
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?
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?
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?
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?
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
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.
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.
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
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.
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.
Senior Member
Joined: Oct 2007
Posts: 1,271
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From: Great Falls, Montana ( Big Sky Country)
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
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
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.
Last edited by bmorgan; 06-29-2011 at 12:48 PM.
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.
Senior Member
Joined: Oct 2007
Posts: 1,271
Likes: 0
From: Great Falls, Montana ( Big Sky Country)
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
MIke
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
MIke
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.
One reason is the fact that used cars are bringing more money these days, due to the economy. I guess the depreciation has slowed.