I'm interested in buying a Challenger. Just a bucket list thing, completely impractical, but I'm 58 and not gettin g any younger. My plan is to buy one and sell it in a year. I'll keep my current car, this will just be a nice day Sunday drive car. I found a 2013 R/T 6 speed manual, just what I wanted. Magnaflow exhaust, Hurst shifter, tuner, K&N intake, and under 5000 actual miles, clean Carfax. The asking price of 27,000 is under NADA by $2000. It's been for sale for 8 months, price started at 28,900. It spotless, always garaged and covered. Loaded with options. So why has it not sold? I don't want to buy it if I can't sell it either. Input please?
Hard to answer why its been there so long. If u are in the north these kinda cars do sell slow goimg threw the winter months. If you've driven it and like it then nothing else should matter. I bought mine this spring. Its a 2013 blacktop rt 6 speed with 7128 miles, resonator delete, no other mods for 23400. And the car was absolutely mint. Good luck im your search...
It may be that it is a 6 speed or a 5.7 motor. I think people think 6 speed drivers beat on stick cars and there goes a clutch. If it is a buy back forget it. In so ca a stick car here sucks big time on our loaded up stop n go freeways.
Not here in the south at least with the ones with larger motors...(6.1 & 6.4 liter versions)...They command a premium price no matter if its a stick or not...Even the 5.7L ones are holding their own...The 6 cylinder versions are the ones that have saturated the market...Many of these are coming off of lease and from the rental car scene...Even so, all of the Challengers around here don't last long on the lots of the major dealers..
You now can get a used 2015 Scat Pack 392 for low-mid 30's.
And its a monster of a street car.
5.7's are not in demand anymore because everyone wants to the live the dream.
5.7's are now 4th down the food chain...not desirable as they once were.
Agreed. Might as well just rent one for a year (lease) if that's your end goal. I'm normally against leasing in general (rather own than rent) but your situation is the perfect case.
I say when the price is right---GO FOR IT!!!...I'm 55 and just purchased an SRT8 a few months ago----Age be damned!!!...This is my first Mopar product and had I known that these SRT8 Challengers were this nice I would have purchased one YEARS ago instead of my 2012 Mustang...My oldest son is now driving so I gave him the Mustang and had an excuse to buy the Challenger!!!
Anyway---This car has been sitting on the lot for too long...But spring is here and people flock to sports cars/muscle cars at this time of the year...Even with the 2K discount from NADA I think that there's more room to haggle...I used to deal with cars years ago so I can tell you this with confidence---When dealers take your car in trade they use the "Black Book" as that publication's prices tend to run lower for trade-ins...When they go to sell they use either the NADA or Kelly Blue Book as the prices in those publications tend to run higher...
Don't be afraid to haggle!!!...Go back to the dealership and shoot them a REASONABLE low price...You may be surprised if they take it!!!...And if you have a trade DON'T tell them you have a trade when you decide to deal...Make your BEST deal on the Challenger and THEN tell them that you have a trade...This way you'll know EXACTLY what they are offering for your car...Don't be surprised when they shoot you an INSANE low offer!!!...
For dealers...Money is made when they BUY a car---NOT when they sell one!!!
I hope you get a great deal!!!...Let us know how it turns out and post pics of your new ride!!!...Age is just a number---I started a family late in life and have sons that are 16 years old and 11 years old respectively...They keep me YOUNG at heart!!!
I bet it's the manual. Most people are put off by that. That kills car values faster than a 20-page Carfax report. It's none of my business, but $27k seems like a lot to spend for a car you'll own for only a year. Any chance you'd keep it longer that that? If it's a bucket list item, you should enjoy it as long as you can.
Some regions might not be quick selling for Challengers - my word of caution is you could be sitting on this if trying to re-sell in a years time, and take another hit $$$ wise.
The discounts and incentives on new models (FCA built a lot of '17s and offered ~ $2.8k incentives) depresses the resale value and that can affect other years of used models as well.
No offense meant, but I wouldn't touch a used car with a Magnaflow exhaust, Hurst shifter, tuner, K&N intake, and under 5000 actual miles, no matter how clean the Carfax. There might be a good reason the previous owner spent all that money, did all that work, and only drove 5000 miles in three years (job change, person injury, new kids, divorce, etc). Or, there is a problem with the work that was done and the previous owner dumped the car. As other have said, look at a lease for a year or two, get something new with a warranty, love life and have fun. And after owning a Challenger for a year or two, you might find you want to keep it.
I don't know where you are or how your market compares.
When I was shopping last year, early 2016, I found a 2014 Hemi Orange with 14K that appeared to be in flawless condition for just over 27K firm. 6 speed/5.7 RT. That's where all the 6 speed RTs in that age range seemed to be at the time. I ended up paying a little over 34K for a brand new 2016 RT plus Blacktop edition. But most 1-2 year old RTs I saw were between 27 and 28K, which got you another 3-4 years of power train warranty. Your car's low mileage may be cancelled out by its 6 speed, which narrows the potential buyer pool, and the fact that it's 4 years old. Meaning 5K miles or not, the power train warranty is up in a year. So it's really a 28-29K car with the extended warranty.
Wherever you're looking, I'm betting the seller thinks they can get a bite at some point because of the low mileage. But people may be going for cars that are a couple years newer even with more average mileage, for that same 27K. The end of design cycle improvements have probably pushed down used car values enough that people can deal strongly for 1-2 year old cars now, which means 4-5 year old ones will need to be priced a little more aggressively.
That price in the real world is a little high.There are plenty of used R/Ts on the market.My 2014 R/T I traded in PCP and loaded sold for 28000 in 2015 and that was two years ago.If you have the means I would make a cash offer on that car of about 24000 dollars and negotiate up a little from there.