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Discussion Starter · #1 ·
I saw a thread recently regarding top values for our cars. Carvana and Vroom were giving great prices so I got a quote from both for the wife's '19 Charger Scat with 10,000 miles. I paid $42,500 after rebate and dealer discount 2 years ago when it stickered at $49,989. The Carvana quote came in at $41,600, while Vroom quoted $44,029. I have never in my life seen this sort of thing. The wife says sell it so now I am in the middle of getting it sold to Vroom. I don't have to replace it so my question is this. Will anyone else be taking advantage of the market in this way? If I was going to replace it I probably wouldn't be willing to do this. I have the WBRE so I wouldn't miss it that much.
 

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It is a really painless way to get cash in hand..and since this car is not really needed then invest the new money or pay off debt whatever..
 

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2015 Challenger SRT Hellcat M6
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There are several threads on this subject right now. The chip shortage which has slowed or halted production of nearly all LX platform Dodge and Chrysler vehicles is fueling this demand, as is an artificial shortage of used cars between 3-5 years old. The time to sell is now before the used car market corrects itself, probably by the end of summer.
 

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Discussion Starter · #5 ·
There are several threads on this subject right now. The chip shortage which has slowed or halted production of nearly all LX platform Dodge and Chrysler vehicles is fueling this demand, as is an artificial shortage of used cars between 3-5 years old. The time to sell is now before the used car market corrects itself, probably by the end of summer.
That's what I think, too. although it may last a bit longer. The real estate market mirrors this. I am an appraiser and I recently appraised a house that was listed for $399,900 and selling for $480,000. The agent said she had 37 offers and 1 was for over $500,000. I personally would never buy a house right now in this kind of market since most of us know it's on a bubble! The demand for these cars seem to be going as people recognize the eventual electrical vehicles and the Government's restrictions. Definitely will not be selling the Hellcat.
 

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Sounds like a no brainer to me... strike while the iron is hot!
 
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It's very strange, I put my 2016 Plum Crazy Hellcat for sale in February through a consignment car seller here in Wisconsin, 16k miles, it is listed at $54,900, and I have had -zero- offers. Car is near spotless. I'm watching the market go crazy, thinking this car should get sold any day now. I have been told by a few lookers that it has too many miles. Go figure..
 

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2019 Challenger SRT Hellcat Redeye Widebody
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All these threads have definitely caught my interest. The idea of having driven such an amazing car for almost a year now and to get PAID to do it seems crazy to me. But that's where the market's at.

But when I brought it up to my wife she told me no. She said she doesn't want to have an argument in a year when I miss my Hellcat and want to buy it back for even more money than I bought it the first time.

She's right, though. If I sold my dream car just to make a buck, would it really be my dream car?
 

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Discussion Starter · #11 ·
All these threads have definitely caught my interest. The idea of having driven such an amazing car for almost a year now and to get PAID to do it seems crazy to me. But that's where the market's at.

But when I brought it up to my wife she told me no. She said she doesn't want to have an argument in a year when I miss my Hellcat and want to buy it back for even more money than I bought it the first time.

She's right, though. If I sold my dream car just to make a buck, would it really be my dream car?
Listen to the wife. She's right again!
 

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Im going through a similar dilemma rn with my 2019 Charger Scat Pack. Vroom offered me 45k for the car with only 6500 miles and the MSRP on the car was 49k. I only had the car for barely over a year but that offer is more than I paid with tax and the modifications I made to the car (Originally paid 37k before tax and the car had 300 miles used). Although deep down I don't want to sell and me being emotionally attached to the car being my first performance car it makes no sense not to. Where else have you heard of someone driving a car for a year and then turning a profit on a common domestic car... its unheard of!
 

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Discussion Starter · #13 ·
Im going through a similar dilemma rn with my 2019 Charger Scat Pack. Vroom offered me 45k for the car with only 6500 miles and the MSRP on the car was 49k. I only had the car for barely over a year but that offer is more than I paid with tax and the modifications I made to the car (Originally paid 37k before tax and the car had 300 miles used). Although deep down I don't want to sell and me being emotionally attached to the car being my first performance car it makes no sense not to. Where else have you heard of someone driving a car for a year and then turning a profit on a common domestic car... its unheard of!
But the key to my situation is I still have a Hellcat in the garage. I would NOT have sold the Scat otherwise since the resale value would not have been an issue. If this is your only performance car it will be dearly missed. The wife's Scat is so much fun to drive and I will miss it till I hear the sound of the Redeye firing up!
 

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But the key to my situation is I still have a Hellcat in the garage. I would NOT have sold the Scat otherwise since the resale value would not have been an issue. If this is your only performance car it will be dearly missed. The wife's Scat is so much fun to drive and I will miss it till I hear the sound of the Redeye firing up!
The scat will be missed but the funds will be saved up and once the market corrects itself I think I would either get a widebody hellcat or C8 during winter. I'm only 21 years old so this is my first performance car but it sure won't be my last :cool:
 

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Discussion Starter · #15 ·
The scat will be missed but the funds will be saved up and once the market corrects itself I think I would either get a widebody hellcat or C8 during winter. I'm only 21 years old so this is my first performance car but it sure won't be my last :cool:
Well, hell. That changes everything. Sell that sucker!
 

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Timing is everything. Their prices also change week to week, when you "reboot" the info.
 

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Just my 2¢

it’s called inflation. I’m no expert, it may even be hyper inflation. Of course my 2¢ isn’t worth a damn if is
 

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Just my 2¢

it’s called inflation. I’m no expert, it may even be hyper inflation. Of course my 2¢ isn’t worth a damn if is
I hear ya but I doubt it its inflation even though that crossed my mind as well. I think it's the perfect storm of high demand and low supply basic economics. The chip shortage + dealers lack of new inventory + stimulus money created an artificial demand and some people are taking advantage others are getting screwed on the buying end. All local dealers in my area (NY/NJ) of all brands have half empty lots because they aren't getting new cars to sell and are relying on the used market driving prices up to near MSRP for used cars. I can assure you people paying MSRP or near for used cars won't last once dealers start getting new inventory cause most people would rather just buy the new car for MSRP than a used one for the same money its just right now people have limited options due to supply issues.
 

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Im going through a similar dilemma rn with my 2019 Charger Scat Pack. Vroom offered me 45k for the car with only 6500 miles and the MSRP on the car was 49k. I only had the car for barely over a year but that offer is more than I paid with tax and the modifications I made to the car (Originally paid 37k before tax and the car had 300 miles used). Although deep down I don't want to sell and me being emotionally attached to the car being my first performance car it makes no sense not to. Where else have you heard of someone driving a car for a year and then turning a profit on a common domestic car... its unheard of!
Same here with my '20 Charger Scat Pack that I've had for 6 months. MSRP was $50k and Vroom wants to give me $46,650 for it....I'd end up making a few bucks off it.

I was gonna go and sign the papers for my new car today, BUT I chickened out and didn't go in because I actually like this car. Where else can you get a decent sized sedan with 485hp? You can't.
I've tried to hate the car, but every time I get in and drive it and hear the V8......it pulls me back in. Ancient tech/old platform and all.

I'm torn what to do now...
 
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