Looking at getting back into a Hellcat, probably a Charger this time. Been watching the local dealer ads for used 21/22 cars in case I can't get a dealer to be reasonable on a 23 custom order for me. I'm seeing quite a few cars in my area that are 21/22 with less than 1k miles, mostly around 6-700. They show as one owner on the CarFax reports, but when you look deeper they are listed as lease vehicles and they were all last registered in Michigan. Anybody have a clue what these cars might be and why they'd be off-lease with so few miles? I'm going to assume they were some kind of demo units that were thrashed pretty thoroughly. Just curious if anyone has any insight.
Low Mileage Off-Lease Hellcats?
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Interesting. It's a possibility. It's weird because 2 separate dealer groups have similar cars with the same backstory...3 or 4 cars total. I'm assuming they were auction grabs. This is Buffalo, NY for reference so it's only about 5 hours from Michigan if they transported them across Canada.
Most of those cars are the factory executive cars as they are auctioned off to dealers only. I was going to buy one last year at a heck of a discount from sticker(WBHC Redeye Challenger in March/2021 the sticker was $96K it was sold for $79000) and it had very low miles(under 1k) but I wasn't ready with the finances so I had to pass and then afterwards when I was ready all hell had broken loose as prices started to climb and climb with no end in site to what we have today which is ridiculous.
They are not cars previously owned by Dodge executives. Wake up and smell the roses people lol, especially in the market we have been experiencing these past couple of years.
99% of those cars are going to be from flippers. There is more than likely absolutely nothing wrong with the car, other than the guy who purchases it used is getting shafted compared to the guy who got the car new.
99% of those cars are going to be from flippers. There is more than likely absolutely nothing wrong with the car, other than the guy who purchases it used is getting shafted compared to the guy who got the car new.
BINGO! ALL manufacturers do that, and I've gotten steals from them. They can't sell them as new, so they are used. The ONLY issue I ever had was waiting for the title from them.
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These sound like corporate vehicles if coming from Michigan. Maybe they leased a new one but found it wasn't Porsche so ended the lease early because the money isn't all that important to them, others may have found the current economy has made owning one more of a financial burden than they originally thought so didn't renew or buy outright.
The upper management whom is eligible for these cars can get a new one every year and all maintenance/oil changes is done by the company, at least three years ago that's how it worked. We have access to the company sight where we can purchase the exec cars but they do not offer the HCs on that sight.
I completely understand that this is a thing. I flipped a brand new 2022 Ram 2500 Cummins earlier this year for 5k more than I paid for it after 2 months and 2,000 miles...and still got my Affiliate discount against a new in-stock Gladiator. The dealers were hard up to get Heavy Duty trucks on the lot because stock orders were taking at least 6 months at the time. I've seen a multitude of Chargers and Challengers that appear to have a similar history...one local owner and low miles.
The thing with these cars is that they are all around the same mileage, they all have prior lease as the use with prior Michigan registrations on the CarFax, and they are spread between 2 separate dealer groups in my area. This led me to believe that they were demo or possibly press cars or something similar that were picked up at auction. Some of the dealer groups contract with the same buyers to do their auction bidding so it's not unreasonable to expect different dealers to have cars from the same auction lot. Exec lease seems to make sense in this case.
You got that right. 3/4 ton trucks were real difficult to get for awhile there (I'm not sure if that has improved much by now or not - I'm out of the loop on those). Intelligent people make intelligent moves; capitalize when you are able. Your money should be guided by your head, not your heart (I would argue to an extent).
Could be a possibility. I can't really project without knowing much more of the specifics. I will say that it would be very odd for a demo or press vehicle to be leased in any event. Demo are 9.5/10 sold as "demo's", not preowned leased vehicles. They are still sold as "new" because they can be. They are typically not titled and are often incentivized by the manufacturer (given the vehicle meets the demo contingencies).
I'll also say that vehicles sales/dealerships are much more intricate & involved than the average Joe has even a remote idea about. It is by no means black/white as some believe. I know I'm WELL above average, and others on here are as well (possibly including you), and I know there are many areas that I still don't have a clear picture on.
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You're mixing your metaphors, it's wake up and smell the coffee, stop and smell the roses.
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I’d take the wait to save 15k!
After rebate and $1K dodge coupon, I paid right around $79K for my 22 REWB Challenger from Koons last month (Ordered 3/1). MSRP has climbed about $2K more since then. I would price a 23 out with Koons and HC Jesus.
I literally have never heard "wake up and smell the coffee" in my life.
I think you are correct with it being a combination of those two phrases, but all I've ever heard/seen is wake up and smell the roses. LOL
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I guess it depends on where you sleep.
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