[AJG]

With the used car market being crazy, I’ve gotten some offers from dealers on my 2019 challenger REWB that would essentially mean that I would break even on the car, or actually make a small profit. So on one hand, I might be 75k-80k richer, and I could probably use that money and put it in the market or keep my paid off car and maybe get to enjoy it here and there. As of now, I really don’t get to drive it, because of work. What do you guys in the community think I should do?

 

[Big Swede]

Most of the quotes I have seen involve a price if you buy something else. Realistically why would someone buy a used car for more than a new one unless they HAVE to have it right now. I doubt you will come out ahead on a straight sale (not trading for another car) when you figure sales tax into the equation.

The reality you will never get more for your car than right now so if you are wanting to get rid of it now is definitely the time if you don’t have to replace it with something else.

 

[AJG]

Most of the quotes I have seen involve a price if you buy something else. Realistically why would someone buy a used car for more than a new one unless they HAVE to have it right now. I doubt you will come out ahead on a straight sale (not trading for another car) when you figure sales tax into the equation.

The reality you will never get more for your car than right now so if you are wanting to get rid of it now is definitely the time if you don’t have to replace it with something else.

Fair enough, that’s my issue is that right now things are so inflated it might be worth getting rid of. That said, it’s a fun vehicle to own. Decisions, decisions.

 

[102542]

If it's a strain to own it, then sell it--they aren't investments as drivers anyway..
If you have no strain finacially then keep it, get it out occasionally and drive the living daylights out of it.. I have had almost every significant muscle car made and given the choice of the getting money back or the keeping memories, I'll take the memories. As for current market conditions it will stay with us for some time--values are not going to plunge because the parts shortages combined with inflationary trends and historicallly low interest rates, the prices will remain very high. I am in the business at a high level and live and die by my forecasts--prices will remain stout.
It's an experience and a luxury to own and drive these units--we are fortunate to live in this time and with these opportunities. We all respect your decision either way--and good luck.

 

[AJG]

If it's a strain to own it, then sell it--they aren't investments as drivers anyway..
If you have no strain finacially then keep it, get it out occasionally and drive the living daylights out of it.. I have had almost every significant muscle car made and given the choice of the getting money back or the keeping memories, I'll take the memories. As for current market conditions it will stay with us for some time--values are not going to plunge because the parts shortages combined with inflationary trends and historicallly low interest rates, the pricees will remain very high. I am in the business at a high level and live and die by my forecasts--prices will remain stout.
It's an experience and a luxury to own and drive these units--we are fortunate to live in this time and with these opportunities. We all respect your decision either way--and good luck.

Definitely, as much as cars aren’t a great investment, I wonder what will happen to the value of these cars once electric vehicles begin to become market dominant?

 

[Abu Dhabi guy]

With the used car market being crazy, I’ve gotten some offers from dealers on my 2019 challenger REWB that would essentially mean that I would break even on the car, or actually make a small profit. So on one hand, I might be 75k-80k richer, and I could probably use that money and put it in the market or keep my paid off car and maybe get to enjoy it here and there. As of now, I really don’t get to drive it, because of work. What do you guys in the community think I should do?

if you are thinking it then i think you will sell it ! Then buy doge coins 🤣 or not … good luck with whatever you decide

 

[AJG]

if you are thinking it then i think you will sell it ! Then buy doge coins 🤣 or not … good luck with whatever you decide

Dodge to doge coin lol maybe I’ll keep it

 

[baabootoo]

Break even?????????/ Heck, if you can't MAKE 5-6K, walk away!

 

[2ndAmend]

Cars are almost never a good investment, but these cars will hold their value better than most, maybe not this high, but very respectable.. Limited supply near the end of the production run, combined with the end of the 2nd true muscle car era, if it is not a burden, keep it. True muscle car guys may buy a EV, but not as a replacement for a HC.

Personally, I would only sell if it got me close to a RE upgrade.

 

[dn1984]

If it's a strain to own it, then sell it--they aren't investments as drivers anyway..
If you have no strain finacially then keep it, get it out occasionally and drive the living daylights out of it.. I have had almost every significant muscle car made and given the choice of the getting money back or the keeping memories, I'll take the memories. As for current market conditions it will stay with us for some time--values are not going to plunge because the parts shortages combined with inflationary trends and historicallly low interest rates, the prices will remain very high. I am in the business at a high level and live and die by my forecasts--prices will remain stout.
It's an experience and a luxury to own and drive these units--we are fortunate to live in this time and with these opportunities. We all respect your decision either way--and good luck.

if prices can keep going up so i can eventually be unburied on all these auction cars my used car manager paid all the money for that would be great. only time since i started in the biz i've been in cars better as they get aged

 

[vrwebster]

Sell if your an investor vice Mopar Enthusiasts, unless you plan to upgrade (most don't).

 

[AJG]

Sell if your an investor vice Mopar Enthusiasts, unless you plan to upgrade (most don't).

That’s kind of my idea, if I sell. That id take it and invest the money. Let it grow.