Whats the Depreciation on the 2008 SRT8 and RT Challengers?

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    Author Topic: Whats the Depreciation on the 2008 SRT8 and RT Challengers?  (Read 2770 times)

    Offline 1970 RT Challenger 1970

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    Whats the Depreciation on the 2008 SRT8 and RT Challengers?
    « on: November 18, 2011 - 02:33:59 PM »
    They are 4 years old now, what are they worth in $$$ and as a % of original sticker price? Thanks.
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    Offline MEK-Dangerfield

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    Re: Whats the Depreciation on the 2008 SRT8 and RT Challengers?
    « Reply #1 on: November 18, 2011 - 03:58:36 PM »
    I can't answer you, but I figured those first 6400 SRT Challengers would hold their value. The SRT's were the only Challengers produced as 2008 models. No RT's.
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    Offline ntstlgl1970

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    Re: Whats the Depreciation on the 2008 SRT8 and RT Challengers?
    « Reply #2 on: November 18, 2011 - 06:09:15 PM »
    Go to edmunds.com and do some research. If you want to buy one to drive, I think they are pretty reasonable used (that's how I got mine) but as an investment it's too soon to tell.
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    Offline 1970 RT Challenger 1970

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    Re: Whats the Depreciation on the 2008 SRT8 and RT Challengers?
    « Reply #3 on: November 18, 2011 - 09:37:50 PM »
    Would it be 40 to 50 % Depreciation now on a 4 year old Challenger? (10 to 13 % a year?)
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    Offline Devil

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    Re: Whats the Depreciation on the 2008 SRT8 and RT Challengers?
    « Reply #4 on: November 21, 2011 - 12:12:30 PM »
    No, Challengers were the vehicle last year to depreciate the least from time of ownership.  If you do a google search, there was a article on it.
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    Offline thedodgeboys

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    Re: Whats the Depreciation on the 2008 SRT8 and RT Challengers?
    « Reply #5 on: November 23, 2011 - 04:28:47 AM »
     :thinkerg:My dealer has an 08 and an 09 SRT on the lot for 30k
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    Offline Goehner

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    Re: Whats the Depreciation on the 2008 SRT8 and RT Challengers?
    « Reply #6 on: December 04, 2011 - 11:03:19 PM »
    You can get the 08 to 09 SRT's for low 30's right now.
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    Offline tommyg29

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    Re: Whats the Depreciation on the 2008 SRT8 and RT Challengers?
    « Reply #7 on: December 05, 2011 - 10:10:25 PM »
    I think MSRP was about $45K on the SRT, so that would mean about 8-9% per year, but considering most dealers asked $50k or more, and many of them got it, if you paid $50 then youve lost about 40% in 4 years.
    I saw a local dealer today asking over $70k for two of those SMS 570 challengers. Someone will take a hit on those.
    These cars cant be considered investments for now. Talk to me in 20-25 years when youve kept the car original and put less than 50k miles on it, then you might sell it for close to what you paid for it.
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