Resale value is terrible

[ylf]

Originally Posted by dcspain

Hate to tell you but I just bought an 06 with 4000 miles (with Nav) for only 27,500. The car is in perfect condition. Good Luck.

SRT8?

[Steve Levin]

I honestly believe that right now as gas prices rise even the KBB values are high. 25 grand for a loaded 300C SRT-8 is probably all the money. I'd love to sell mine for 30; in fact, if I could get 30 I would sell it (and I've got a Quaife, Hotchkis, and CAI installed). But that's just dreaming right now

Steve

[psaltonstall]

The market is outragous and getting worse I sold mine to CarMax yesterday for $20. My brotherin law is a wholesaler here in VA and said the 06's will not bring a penny more than $17 so he suggested I cut my losses. I did. Good luck to you all.

Salty

[jaak]

Wow, what a great time to buy an incredible car!!! I'm not selling mine, I LOVE IT!!! I'd set it aside in storage before selling.

[EricG]

Yeah - for all of you guys getting out of these, what do you plan on buying that will hold it's value so well.

Show me some other '06 cars that are doing better than ours??? I mean the 09's will be out soon so these will then be three years old.

Oh - and the SRT8 Jeeps are probably getting cheap right now too. I really like those

Eric

[Aleks202]

06' and its got 4,900m ? what did you do drive it home from the dealership? Thats brand new, but I'm not surprised in the market, goodluck, try not to drop the price to quickly, if you have the time.

[RTP SRT8]

I was wonderng why sell it with only 4900 miles?
You have only had it for 2 years?

You should know that you're going to take a big loss selling a car like yours from new. Even with the mileage it's 2 years old. It sucks man!

Once you pull off the lot with a new car it's depreciated 40%.

I like the idea of storing it, and not using it too much if you can. This gas thing has to end soon or we're gonna be going to war somewhere. (Duh!)

Otherwise, your going to have to accept the loss and it's not gonna be pretty. Sorry.

[greenspandan]

the guy's a fan of the "buy high, sell low" strategy.

[Northern300c]

Anyone buying a car for resale value needs to give their head a severe shake.

[Ken Lally]

Wow, lots of people selling, I wonder if any of us will be aro in 10 years?

I buttoned my car up, am storing it, and bought a 08 Scion xD for daily driver, great car, a real hoot!

Hold onto your car if you can, you'll wish you did years from now when we are all driving electric plastic cars.

For the buyer out there - wow what a moment, sieze it!
I too have seen '06s on the lots in the low 20s.