Disagree. It’s a ’19, not a ‘22. Dealing with a scummy dealer is a short term thing and at least you’d end up with a ‘22 afterwards. Being the bigshot at an auction is also a short term thing. Afterwards when the cameras go away and the hangover wears off you’re thinking ”Damn I couldve had a ‘22 for less“. Although some people have enough money where that isnt a factor I guess.
This 2021 Supersock with 10 miles went for $99,000 (with 10% commission) on the Saturday prior to the big week. Remember that the sold prce shown on the website includes that buyers 10% commision.
Yup, in the same exact auction. Just reinforces the silliness of it. A newer SS sold for less than an older REWB. SS even has fewer miles. Guess somebody really wanted that REWB. But it does give something for the REWB owners to cheer about!
Just wait until they are gone in a couple years, that's when the real escalation will begin. My friends who once called vintage Cuda's Challengers and Chargers dime-A-dozen used cars in the 70s/80s, now call today's Challenger the same (and they are wrong both times). Despite that I still don't think its worth the aggravation to keep a car solely as an investment though, due to how long it takes them to ramp up to a substantial gain. I do it because I enjoy owning them and like keeping them nice, yet ironically I have never spent a dime on cars (net overall cost) in my entire life while having a lot of fun. It's like having a no expense hobby if you own the right cars for the right reasons.
These cars are popular right now and with only a few thousand made every year, and some trims only in the Hundreds made every year maybe like now prices will remain high. Clean well kept cars will be valuable. I'm connected to Law Enforcement here in South Florida and specialized in Auto Theft. At least here these cars are disappearing by at least 4-6 a week. That covers all SRT models but especially Hellcats.
My buddy works in Milwaukee at a neighboring dealership. These came in one day and were gone by the end of the day. One guy, while driving by, called and bought them all. He said they were Demons. This dealership supposedly loaded them onto a trailer and delivered them to Chicago for the guy.
You also can also find plenty of deals there too where cars are undervalued. We just hear about the auctions that go for too much. Here is a 440 6 Pack 70 Challenger that a dealer would ask $85k minimum for, yet sold for $65k.
I have found the best barometer of value is Classic Car, Truck and Motorcycle Values | Hagerty Valuation Tool® as they price average multiple auctions and private sales. They even list some newish collector cars like Hellcats etc. (to get all the info you have to sign up there but it is free).
First day high bid was for a 1 ton truck, $250K, it was modified and had a 1980 cab thrown on, still don't understand that one. Several cars went for a steal while others went for more. It looks like most cars are going for less than anticipated but I'm only starting day 3. There's a couple of MOPAR I want to see go. There's also a huge spread in quality and condition so exact same two models may go for different prices.
Was looking at Autabuy and were listing the following:
68' Charger R/T 11K Miles XS92 - $109.500
72' Challenger 43K miles 425 hp , 727 trans - $42,000
70' Plymouth Cuda 440ci 4 speed - A33 Track Package - $149,995
72' Challenger 360 rebuild - $55,900
70' Plymouth Cuda 230 miles 440ci - 375 HP - $157,000
68' Plymouth Baracuda Fastback restoration - $39,500
69 Charger R/T 1K miles - $110,900
71' Plymouth baracuda 88K miles- $109,900
70' Plymouth AAR 'Cuda 340ci Six Pack - $99,900