WHAT WILL YOUR HELLCAT OR SCAT PACK BE WORTH IN 5 YEARS?
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- Опубликовано: 14 май 2024
- In this video I share my thoughts on what I believe the 2023 Last Call Dodge Hellcats will be worth in 5 or 10 years.
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Once you make the decision to purchase a vehicle, it's important to enjoy the ride and not focus on what it may or may not be worth in five to ten years. Just let the money go, be disciplined, and save for the next one.
If you play your cards right, you can drive the car and eventually get your money back even after putting a bunch of miles on it.
Love to hear the truth. I believe the same as you. I bought my Hellcat for me nobody else. The money I spent for it is what it is. I do not regret buying this great Car. Thank you OC for your real thoughts.
Thanks Brad! I enjoyed listening to the not having any regrets and go have fun! 👍🏻👍🏻
That boy putting them videos out 🔥🔥
5 years is not enough time. cars from the 50s, 60s and 70 are just worth money today.
That isn't always true though. If you by a limited edition that is numbered, they gain value much quicker. For instance, my 2005 Daytona Edition Ram 1500 is worth more now than what I paid for it used in 2007. Price for it bottomed out around 2015, and has only increased since.
Lol@@LeadStarDude
@@LeadStarDude only because of the movie supply crunch. You will watch your car value sink over the next 5 yrs
I agree 5 years ain't enough. But 50, 60, 70 are not the only cars worth money. I had a 97 Supra TT that I regret selling. That car is basically considered a classic now and worth a lot of money. I even had a 2006 Evo 9 that I wish I'd kept because they're worth a good amount already, and they're not even 20 years old yet.
@bigfactz6735 agree, there are others that are more recent. But overall for car enthusiasts it usually takes longer than 5 years. Too many challengers and Chargers on the road rn
Keep preaching my friend 🙌, long time viewer and truly appreciate your outlook on life. No regrets, living life to the fullest and drive the hell out of what you worked your ass off to get and have a smile on your face doing it 💪.
Thank you for your shared insights
You are right and on the Money!! Excellent Video!!
If you didn't follow his channel. You would have believed that your scat/cat was an investment. He would have had you for the first few minutes. Love this guy. He is truly a motivator.
I was told that only the manuals challengers will be worth money down the line, cause they will be the only dodges that most thieves can't steal!
Agreed.
I wish they made a 6 speed manual Charger.
Having a family car with 4 doors that looks amazing and can put 180 smiles per hour on my face would be priceless.
I really love the way you spoke, it was so unexpected. A lot of wisdom and intelligence and i'm just at the middle of the video. You have been spot on on everything and you are extremely open-minded and made me get motivated to live my life to the fullest as well. If you don't burn your karma, it will feast on you forever with regrets!
I agree, we all need to just enjoy life while we still have. Sorry to hear about your dad. That is tough to live with.
Another spot on video!
Totally agree, just fun cars to drive
I live in Wisconsin and we have a local guy driving his corvette z06 in the winter months. Im sure it wont fetch huge $ $ later but he must be living the dream.
I bought my swinger for me and today. Not my daughter or grandkids in the future. I never bought a car to make money.
The kids in the 60s and 70s never dreamed they would be worth what they are today. And I'm glad. We drive the crap out of those cars. And had fun!
And I'm having fun with my swinger.
Great advice
Hey Brad, great skit of Alex the Rican 🤣🤣🤣🤣🤣
OC I have a 2016 Challenger scat pack that is a daily driver with 42,000 miles on it we love this car. I also have a 1972 charger rally with a stroker 512 six pack engine that is almost ready for the road . I’m 70 years old and yes I’m going to drive the heck out of it too!
You are a 100% correct. And I just bought my car to drive it and have fun.
😊 So true, great video!!!!!!!!
Even a Super Bird which was a really cool car back in 1970 they had a hard time selling them. The son of the owner of our local Dodge dealership sold his personal Super Bird on the lot as a used car back in 1978! It was a truly beautiful car Orange with low miles. He was asking $4,000 if memory serves correctly. So even dealer maintained driving it sparingly and in perfect condition it sat on the lot for a while until it was sold to someone out of the area. Back then I was drooling over it but I was a prep cook at a local restaurant making perhaps $2.75 an hour just a kid! Man I did want that car! They didn't become a big money car until much later!
Oc I have to thank you so much because of you I was able to snag a 2019 scat pack for for 31399 with only 32k miles
I Say they keep making these great cars for several more years. THAT will be the real shocker!!!
Compounding interest in an investment will reward you far better! Low mileage Demon 170'$ may go up relatively soon (but going to take time to clear the markups). Hellcats, Scat Packs not so much or decades out ( way tooooo much quantity per capita ). Prayers for your Father, sage wisdom!
they wont it took 5 years for the 2018s to break even with markup
That Swinger spells FUN 🤩
Hahaha oh the sarcasm in your voice lol. You're right especially since everyone is paying any potential future "classic worth" up front.
I just bought 2023 scat pack challenger widebody and i think this will be a collectible car in few years
Spot on talk ! 51, pops 77 & still going but way slower , got a 03 t bird with 1100 miles & I tried to get him get a rousch stang & I sold few projects & ordered scat , had 2 Mo & driving my 1320 because at 51 it’s 2/3 over , part of life do it while you can move your joints , my boy will inherit way too many classics & race cars for one guy but loves them as we do as 3rd gen of car guys but times change pop likes 53-64, me 65-72 & son 96 up
True!! I My 90,000 Redeye was not ordered and delivered just to sit and collect dust. I bought it for MY enjoyment and I do keep the miles down as it’s not a daily driver like an Elantra or Altima. It’s a car for weekends but life’s too short to be saving cars and keeping the miles super super low just for the next guy to enjoy! These cars are meant to be enjoyed, even if it’s just a weekend toy like mine’s is.
And when your username hints the LS engine is when you know that it's an actual car guy
Factsss I have a murdered out hellcat red eye widebody 2019 with 12k miles and it’s so worth driving on the weekends and a couple times during the week!! Except the damn check engine light has already flashed twice….
I’ve had this exact conversation with friends. They say drive my car and enjoy it. It’s not an investment. I agree.
I agree with you 100%. There are a couple of RUclipsrs who are buying these and saying they will be investments. Yes maybe in 20 to 30 years with a hundred miles they may be worth some bucks? But doubtful anyone will do this?
Yea that dude alex always talk about his investment..lol sounds like he creams in his pants every he speaks about dodge
Hello, I've had my Challenger b5blue for 28 months now. I paid €31,500 back then, used with 40,000 miles. Today the 5.7 Hemi plus are sold in Germany for around €35-37,000 with 60,000 miles. Depending on the condition. That means you're increasing significantly here too. Nevertheless, I would like to keep the Challenger for as long as I can financially. But in my opinion you can definitely make a profit. Here in Germany a used Hellcat with 50,000 miles costs €90,000, that's crazy. All the best for you and your family. Many greetings from Germany.
Brad you are so right! A prime example of what you are saying is the 2007 Parnelli Jones Mustang. They only made 500 and they sold generally here in the NW for around $65,000 depending on markups! Anyhow 6 or 7 years ago you could buy a low mileage Parnelli in great condition with say 12,000 miles in the low $30K range. In recent years they have came up a bit in price but now they are 16 years old and a really really good example with low miles is only worth 2/3'd at best of what it sold for new! So these cars even the low production models are not an investment at all! I like my Parnelli and I will keep it until I'm dead but certainly it won't be worth more than MSRP in my lifetime because I am now 64 years old even if I live to 75 years old!
Flashback to 1970 when a Hemi Challenger RT SE stickered for about $5500. After spending approx. $5K restoring the car I sold it for $12K in 1982.
Took 12 years to break even (plus a little) for a limited production (123 automatics) hemi car. I doubt todays enthusiast will pay double for any Dodge in 12 years.
Oc you my man are absolutely right and especially with the baby brain people that just had to pay outrageous markups they should at some point come to the realization that they handed over a good portion of any future appreciations that these cars may garner in the coming years they just as well drive the living heck out of them because the trees they planted in this cars will not bare any fruit.
As a car collector, I hate to hear what you’re saying, but you’re absolutely right!!!
Well I have a 75 Trans Am H.O. 455 Turbo 400 ,I bought when I got out of the Marines in 77. So in 2 more years it will be a antique Car. Sitting in the garage with my 2019 R/T scat pack .My other Mopar is a 2005 PT/GT Cruiser with 2.4L High Output, Electric Blue Pearl with only 30K on the dial..
Hell Ya! Drive them. 😁👍
i have under 20k miles on my factory ordered 21 charger scat. i'm in cold weather, so it gets garaged every winter. i check the value every now and then on black book, and the value with my options is still higher than what i paid for it new. i dont look at it as an investment, but it sure is nice to know that if something happens, i'll recoup all my money back.
realistically very little of these collector mopars are going to be worth anything close to what people paid for them, maybe half and that's with extensive maintenance logs, and low mileage.
if someone can afford a collector mopar they can afford to make other investments that will make more money for them at a much lower risk.
that being said not everything is about money, just have fun driving/owning it, at least it's not like most german cars where you'll be 60-90% underwater in 5-10 years.
When I purchased my 71 340 cuda from a major Chrysler in 1971 they had over 30 Dodge Charger RT, Plymouth Barracuda, Cuda's, Challengers and Plymouth Roadrunners on their lot. Today only a few vehicles increased in value, but only after about 15 years. The cuda that sets the pace are the Cuda AAR.TA and convertible Hemi Cuda's. I did recently saw original Charger RT gained a lot value. People thought the Wrangler 392 will worth a lot-It's just a Wrangler. Mabe in 15 to 20 years it may be worth $25-$30,000!!!
I fell into the trap of buying a new 2022 scat pack, and a 2022 hellcat when they were pressuring people saying they were not going to make them anymore. I have no regrets at all! They are extra cars and they have low mileage. I enjoy them both very much and I plan on keeping them. I think the people who may end up in trouble are the car flippers. But watching Barrett Jackson auction who knows! The values could go through the roof!
I found a swinger challenger in CA that I can get sticker and no add ons. Are they still worth buying?
I drop my daughters off everyday at their high school driving my challenger scatpack wide body. The stares that car gets from that generation are future collectors, so I think these cars will always be sought after. I agree though, they have a long time to go (30 years)before they go up in value
Hi Brad,
I agree... I have the same opinion with my pew-pews. Use them!
Be SAFE and stay HEALTHY!
John from SoCal
Brad, wish you could do a car consultation with me, I have my 1987 Iroc I purchased in 1996 at 21, still have it but feel it’s time to pass the touch on it and getting a Scat Pack Shaker I Always wanted! I am 50 now, even I see long time original owners selling a car after a long time.
Only worth what the next buyer is willing to pay
I have first edition 2008 Dodge Challenger Srt8 hemi orange. 8400 miles and pristine condition. 15 years old. One sold at Mecum with 500 miles for $62,000. I've been thinking of selling mine and go for a Hellcat or BMW M4 competition.
My sales guy told me my '22 Shaker WB Scat /Manual would be worth twice as much within 2 years after they stop making them. I told him if anyone wants to offer me twice of msrp +tax at that point in time, I'll sell it. But, I'm not buying it as an investment. I'm just trying to save the manuals😢
LMFAO 😂😂,I'm with u Brad 😂😂,Because in 5 or 10 years people who don't want to buy a brand new one right now with a $5 $10or 20k and up markup now ,will be running to pay crazy amounts of money for these cars after the warrantys are Long gone,after someon else put miles on them ,etc ,Yea some of them will get some money ,but for the most part ,I just hope the dreamers have a backup plan
Caroll Shelby once said "cars are meant to be driven and my cars are meant to be driven hard." It really makes me sad when I see a 30 year old car that is still in the wrapper. Wasted memories and time you will never get back.
No matter what happens, I enjoy every day with the car.
I'm still waiting for OCMotivator to do a podcast with RacerX!
Land = financing = fun comfortable life = Cars
Just bought a SRT10 Ram Reg Cab Short bed Viper truck with a bad clutch and brakes are shot, other than that is great shape, and has 58k miles.. Paid $11k..
My 2022 ZL1 1LE is one of only 12 built in my color in a manual..
In 5 yrs these Dodges are going to have the value of a Ferrari. A Ferrari Mondial that is.
Performance/sports cars are attractive to a limited numbers of potential customers. Buying a preowned high performance/sports car is a roll of the dice. The same applies to buying a preowned Jeep Wrangler too. These type of vehicles are subject to a lot of abuse.
As far as resale value Jeep Wranglers, for some reason, tend to depreciate at a much slower rate than traditional vehicles, but they still depreciate in value.
Thanks for the video. Praying for your father. Alzheimer's is a terrible thing to have. So sorry
Everything you said is 100% spot on! Nobody wants to buy electric cars except for the ultra rich and half of them don’t even wanna buy it them. They’ll just buy it just to have it.😆 No car enthusiast should vote for anybody that’s pushing electric cars. If you vote for somebody in our government that wants electric cars by 2030 and your car enthusiast, you should maybe buy yourself a brand new electric car and sell your ICE car collection. 😂😷🤪🔋
I fell into the trap of pressure and I bought a 2022 scat pack and a 2022 jail break. I have no regrets. I love the cars and I plan on keeping them for a long time. As far as five your values? Probably not good! The reason is they made so many of them. I will keep my miles low as they are extra cars but again you should only buy a car if you really want it. Not to flip it and make money. I think it’s the car flippers who are going to really be hurting. But you know what watching Barrett Jackson auction I could be wrong!
And you're right about the Plymouth they only made Emerald total of 939 that was the total number of Plymouth cars and Dodge cars for 503
Abe Lincoln, not Mark Twain. But you're right about the cars.
The exception to all cars are the FORD GTs, 05/06 and 2017 to 2023.
They will always be appreciating.
Even better are the 1960s race cars (GT40).
Only the rarest of vintage Ferraris come close.
Also anything Shelby and/or Cobras.
Good to be a Ford man!
same with bmw Z8 s
They made soooo many of them. It’s not like the old hemi cars ect. They just mad a ton of them.
I just bought a 2015 Challenger SXT with 67k miles for $18k. In 5 years... yeah it's not going to be worth much. However, it's the nicest thing I've ever owned. I absolutely love it and I'm going to enjoy it until it's final start-up.
I have a car that is worth more than it was when purchased. 1972 Ford LTD convertible. My Dad bought it new and I got it when he passed away. It is all original from the top down. Triple black. I have been told by my youngest daughter that I an never sell it because she wants it. LOL
first and best
In GA, one can get an Antique tag if the vehicle is 25 yrs or more old. But that doesn't mean it's valuable 😊
Demon 170 sold at Cape Dodge Coral Fl for 70k over msrp. And they have 4 more coming in a week or two.
lot on ebay motors resales
You are correct, is it a rare car or a car with rare options! I have 2020 Challenger R/T 50th commemorative, they made as many challengers in 2020 that they could. I do not have a rare car, the option package does not make it rare. I’ll drive and enjoy it. I’m not saving it for the next guy!
OC is right and I have an understanding of the market being in the industry. There is no money in cars, Especially those challengers and chargers they made millions of them. The only ones that will be worth money down the road are the Demon 170, and super stock for the most part and just maybe. These aren’t 70 or 71 ‘Cuda’s with super Low production numbers. The only ones that I can see shooting up are the lower production cars with rarer options. Bottom line drive the car enjoy it this isn’t property here people land is king always.
For the most part I agree. But there are some points and Id love to debate this. There is something unique about the L body cars that makes them far more desirable that other cars in the last 10 years even. Ill give an example. I like the new Mustang, but I wont buy it, because it has too many screens, way too many electronics in it, and as we go further ahead, newer cars will last less and less.
It wont be a collectability issue, its more of having a car issue. I remember seeing things like this in the 90s in Eastern Europe, where poverty was REAL. Yet, a beat up old Mercedes was selling at brand new prices, just so a rich guy could show off. Its not an ideal world, but what Im seeing, economically, socially, we are rushing to that way of life sadly.
I went to a Dodge dealer when i was 15 years old and a brand new Dodge Daytona was $5300.00 and i was lucky to make $3000 a year but no place to store it and sit on it so long
na
Money is no good at 80. Live life now
Yes my 6 speed Scat Challenger IS the best investment I could have made to make me 100 and ten percent smiley FOR five years! ;
I call this auction fever! All those 60s cars that I bought in the '80s, I paid next to nothing for and drove The living daylights out of them and the majority of them ended up in a junkyard. And today you see those cars at the auto auctions and people are thinking that these cars will be worth a lot of money someday. I won't argue the point they might be worth some money but you're going to wait a very long time. And your actually not buying a valuable car at the auction you are paying for somebody's labor who restored that car. So if you're going to buy a car that you think you might make money on I would think twice. Drive your car and enjoy it!
A car is a consumer good like washing machine, a TV or a toaster oven. It's meant to be used and eventually replaced. I never see a car as an investment. For that there are better and easier options.
I totally agree as far as living life without regrets. BUT I totally disagree about the value of these cars or any other product. We live in a trending economy and that's what determines value today. People don't care if it's old, new or ugly. If it's trendy it has value. Just 8 short years ago no one saw the dealer markup movement coming, NO ONE. My advice is that you throw everything from the past into the trash this shit is truly unpredictable. Watch for what the young guys are into and that's what's going to hold value but only for a short period of time then on to the next trend.
So bottom line is I’ll be losing money on selling my Redeye. 2023, 40 miles on it. Paid 156K for it.🤦🏻♂️
Love my Swinger more and will be keeping that one. I’m lucky if I’ll get 100K for my Redeye tomorrow.
The reason cars from the 60's are worth money is because there are very few left from the thousands upon thousands that were made, now every person who dreams of hitting it big at barret jackson is putting one of these cars in a bubble thinking they will have a big payday which means that big payday will not be there. Just drive and enjoy your cars and stop worrying about the value, you will be so much happier in the end.
saw a red eye wb challenger in the dealer s. show room note on windshield do not detail or remove any sticker or plastic covers so many will be in the plastic. in 5 yrs
go to beverly hills and you can see up to 3 or 4 bugatti running around
I bought a new Charger Scat Pack in 2019 and sold it for a profit 2.5 years later. Having said that, I bought it before Dodge jacked up the prices. We are also entering the electric era, one the government will not let fail. Even today, you can buy a faster electric car for less money. Then there's the issue of what people do to these cars - I wouldn't touch a used one...ever.
I guess faster is just everything then? The Government does 1 thing well; gets behind a person, funds that person, then realizes it was a mistake. People need to learn how to do their own due diligence research before commenting, or reading someone else's biased review. With social media, media, red/blue, we've become so divided and in order for us to continue to believe what we believe in, we have to follow the same believers without understanding the other sides argument. See flat Earthers.
With that said, EV's are far from the future, far from being "greener" than internal combustion cars, etc. There's a reason these EV factories never reveal the emissions they output because, it would not be a net zero number nor close to what an ICE factory produces in totality.
Whether it's lithium ion or crude oil, it's not good for the environment. Which is better? Synthetic fuel or e-fuel that requires no digging of Earth material.
Good for u..
After inflation you're lucky to 2x an profit. My grandfather came back from Vietnam and bought a Jazz Purple 1969 charger 426 fully loaded manual transmission for $5700. (Around 45-50k 2023). He put about 35k miles on it. In January he got it appraised and it is worth 87k (powertrain original, minor upgrades to interior). At 74 years old, he told me that is one of the biggest regrets of his life by not driving it into the ground. Instead of selling it, he put an additional 20k on the car this year, be driving all over the country visiting his kids and grandkids😂😂.
*Watch the video and my grandfather sounds just like your dad when it comes to his car*
Guys these cars are absolutely going to be worth a lot more. And I have some ocean front property in Montana for you too. Just hit me up
03/04 Mustang Cobras will be crazy high price in 5 years!!!!!
👍
A great video and you're 100% right and the cars are not going to be my Charger Daytona a I think it was great that you put in John Cazale AKA Chris Cuomo
resale dealer on e bay motors , still want $100,000 each for 2 swinger's . sub lime green. manual 's
Will the value go up if the USA print's more money?
If so and these are worth $200k then you’ll be paying $50 for a cheeseburger 🍔
You want a vehicle to hold value? Get a numbered vehicle that was produced with limited numbers. For instance, my regular cab 2wd 2005 Daytona edition RAM 1500 (Mango Orange) is worth more now than what I paid for it used in 2007.
Maybe the Demon and Demon 170 with almost no miles on it will be worth something in about 25 years or so but the rest. Prolly not.
I love watching these vids in the toilet
Our scats and cats are already worth a lot less than in January. Why can’t people see that? It’s not an investment, it’s a depreciating asset. Just enjoy your car.
Only way the avg joes scat, cat, or demon sky rockets in 5 years is if it is some damn Fast and Furious movie.
I don't see them being worth all that much in 10-15 years. Social media will move on to other things. Finding parts will become an issue as Dodge will stop making them..Storage and ruining costs will become an issue and an expense prospective owners don't want to take on. Let's face it Dodge isn't exactly known for great interior build quality or 250,000 mile durability.
Challenger most repossessed vehicle on earth followed by the Charger. Why is that please do a video on Mopar record setting 2023 repossession rates it’s alarming. We are such a debtor country.
I have a 2020 Scat pack wide body with 23k miles. Wholesale, the car is worth 35k.
I hate to say this but you're more optimistic than I cause the whole economy is going to reset soon (24?) and toys will be the first to be dumped for quick cash. I remember 08-09 seeing 69 Camaros, ATVs, and side by sides littering the side of the road with for sale signs on them.