Moparts

Hellcat Market Value

Posted By: dart4forte

Hellcat Market Value - 12/20/23 01:29 AM

Just curious, anyone following the market in terms of the Challenger/Charger especially the Hellcats. Figured the Demons are in a world all its own. I know the crazy auction prices are going to be there but that’s not a true picture of the market. Given that these cars are not being built anymore I would imagine the value is going to keep going up.
Posted By: moparmike1

Re: Hellcat Market Value - 12/20/23 02:54 AM

My two cents...

This question will be answered in about 12 months. Production is done at the end of this month and once dealers have sold their Hellcats in 2024, then the market will answer your question. I think they'll always have that "allure" of being the last of a breed.

As far as the non-Hellcat Chargers/Challengers, they may maintain their value a bit more than the usual depreciation, just because of their association with their higher-end models.

As far as the Demon variants, I don't see their value diminishing. Will their prices keep escalating like they have been? I wouldn't think so but, who knows?

Full disclosure, I have a 2016 Hellcat. It's not an investment to me, I bought it before the whole last-call frenzy started up.
Posted By: Kidsixpack

Re: Hellcat Market Value - 12/20/23 02:54 AM

I think they are getting back around to where they should be in the used market. based on a few auctions I've seen
KID
Posted By: autoxcuda

Re: Hellcat Market Value - 12/20/23 12:19 PM

With the Redeye, Hellcat widebodies, Demon, 170's, etc out there....

Could the early slab-sided Hellcats loose attention and depreciate at a somewhat normal rate?

I just popped up two 2016 Hellcat's from dealers for $48K with 27K miles. From what I looked up, the base price was $65,190 on those originally.
Posted By: oldjonny

Re: Hellcat Market Value - 12/20/23 12:36 PM

Right now, market is softening. Brand new '23 sold on BaT for $6600 LESS than MSRP. Rumor is that beginning of the year there will be higher incentives (right now, narrow bodies here are $2K off sticker). Much depends on what happens in 2024.
Posted By: Rhinodart

Re: Hellcat Market Value - 12/21/23 06:14 PM

Today was the last day of Challenger/Charger build, RIP muscle! I think in the next couple of years from now when people finally realize they WILL have to buy a new EV the price of these will go through the roof... work
Posted By: Dart 500

Re: Hellcat Market Value - 12/21/23 08:29 PM

Originally Posted by Rhinodart
Today was the last day of Challenger/Charger build, RIP muscle! I think in the next couple of years from now when people finally realize they WILL have to buy a new EV the price of these will go through the roof... work


The way EV sales are currently imploding I bet they reverse a lot of the silly decisions they made over the last couple years, would not be surprised at all if they are working on an updated hemi either.
Posted By: oldjonny

Re: Hellcat Market Value - 12/21/23 09:00 PM

Originally Posted by Dart 500
Originally Posted by Rhinodart
Today was the last day of Challenger/Charger build, RIP muscle! I think in the next couple of years from now when people finally realize they WILL have to buy a new EV the price of these will go through the roof... work


The way EV sales are currently imploding I bet they reverse a lot of the silly decisions they made over the last couple years, would not be surprised at all if they are working on an updated hemi either.


Much depends on 2024 and what we end up with politically. Ford, GM and to some extent Stelantis NEED the government to continue with mandates or they are screwed. They are in so deep with their EV 'investments' that reversing will be tough.
Posted By: 71TA

Re: Hellcat Market Value - 12/21/23 09:05 PM

These cars are different than cars of the 80's and back. How the heck will repair/replacement of the electronics be addressed in the future? But then how long is "the future" for most of us? 20 years smile
Posted By: Dart 500

Re: Hellcat Market Value - 12/21/23 10:46 PM

Originally Posted by oldjonny
Originally Posted by Dart 500
Originally Posted by Rhinodart
Today was the last day of Challenger/Charger build, RIP muscle! I think in the next couple of years from now when people finally realize they WILL have to buy a new EV the price of these will go through the roof... work


The way EV sales are currently imploding I bet they reverse a lot of the silly decisions they made over the last couple years, would not be surprised at all if they are working on an updated hemi either.


Much depends on 2024 and what we end up with politically. Ford, GM and to some extent Stelantis NEED the government to continue with mandates or they are screwed. They are in so deep with their EV 'investments' that reversing will be tough.


The new charger is set up to be both electric and gas powered, I predict 20:1 sales between gas to EV and the EV model being quietly discontinued. The next leaders of NA are both oil guys, all I'll say, and its coming very soon.
Posted By: B3422W5

Re: Hellcat Market Value - 12/22/23 02:15 AM

Originally Posted by oldjonny
Originally Posted by Dart 500
Originally Posted by Rhinodart
Today was the last day of Challenger/Charger build, RIP muscle! I think in the next couple of years from now when people finally realize they WILL have to buy a new EV the price of these will go through the roof... work


The way EV sales are currently imploding I bet they reverse a lot of the silly decisions they made over the last couple years, would not be surprised at all if they are working on an updated hemi either.


Much depends on 2024 and what we end up with politically. Ford, GM and to some extent Stelantis NEED the government to continue with mandates or they are screwed. They are in so deep with their EV 'investments' that reversing will be tough.


Actually, dealers are cutting and running instead of having to deal with Ev inventory rotting on lots that nobody wants.


General Motors (GM) has bought out about half of its 2,000 Buick dealers nationwide, based on their decision to not sell electric vehicles, according to a company spokesman Wednesday.

Dealers who are taking the buyout would give up the Buick franchise and no longer sell the brand, he said. The dealer can continue to sell other GM models, such as Chevrolet or GMC, that often account for a higher percentage of sales.
Posted By: B3422W5

Re: Hellcat Market Value - 12/22/23 02:25 AM

Originally Posted by dart4forte
Just curious, anyone following the market in terms of the Challenger/Charger especially the Hellcats. Figured the Demons are in a world all its own. I know the crazy auction prices are going to be there but that’s not a true picture of the market. Given that these cars are not being built anymore I would imagine the value is going to keep going up.



Dealer auctions are the true market indicator. That is where the majority of cars are bought and sold, every day, every year.
I say this as a licensed dealer with 34 years in the business who owns my own store.
They have softened up a bit

Below is a dealer Manheim market report of 2016 Hellcats that have sold nationally( and where) in the last 30-45 days
You will see numbers like 4.2, 4.5, 3.7 etc, etc.These are condition reports. 5.0 is perfect, 4.0 is clean for the year, 3.0 is average, etc
Add to these prices auction fees both buyer and seller pay, numbers like these 700 bucks each way, give or take…..

As you can see, miles matter..a bunch..on these things


8/23 $44,500 18,405 4.5 8G/A Blue Regular West Coast
Nevada
12/4/23 $45,700 22,972 4.6 8CY/A Orange Regular West Coast
San Francisco Bay
11/29/23 $38,500 46,227 4.2 8G/A Red Regular West Coast
Seattle
11/22/23 $38,500 34,898 4.9 8CY/M Blue Regular Southwest
Omaha
11/15/23 $46,300 11,579 4.6 8G/6 Orange Regular Northeast
Pittsburgh
11/10/23 $38,000 37,533 3.3 8G/A Blue Regular Southeast
Fort Lauderdale
11/10/23 $33,500 54,299 2.7 8G/6 Orange Lease West Coast
California
Posted By: 6PKRTSE

Re: Hellcat Market Value - 12/22/23 04:06 AM

Sad day for sure. I have been watching the market since they were new. Someday I would like to find a nice B5 blue H.C. with no sunroof.
Posted By: Dart 500

Re: Hellcat Market Value - 12/22/23 06:03 AM

Originally Posted by B3422W5
Originally Posted by oldjonny
Originally Posted by Dart 500
Originally Posted by Rhinodart
Today was the last day of Challenger/Charger build, RIP muscle! I think in the next couple of years from now when people finally realize they WILL have to buy a new EV the price of these will go through the roof... work


The way EV sales are currently imploding I bet they reverse a lot of the silly decisions they made over the last couple years, would not be surprised at all if they are working on an updated hemi either.


Much depends on 2024 and what we end up with politically. Ford, GM and to some extent Stelantis NEED the government to continue with mandates or they are screwed. They are in so deep with their EV 'investments' that reversing will be tough.


Actually, dealers are cutting and running instead of having to deal with Ev inventory rotting on lots that nobody wants.


General Motors (GM) has bought out about half of its 2,000 Buick dealers nationwide, based on their decision to not sell electric vehicles, according to a company spokesman Wednesday.

Dealers who are taking the buyout would give up the Buick franchise and no longer sell the brand, he said. The dealer can continue to sell other GM models, such as Chevrolet or GMC, that often account for a higher percentage of sales.


This is true, I had 4-5 long standing dealership clients and they all either retired or sold their dealerships in just the past few years, I've had to switch to B2B to stay in business (its actually better, so no biggie) but the old school dealer guys are bailing at a massive pace
Posted By: oldjonny

Re: Hellcat Market Value - 12/22/23 12:45 PM

Originally Posted by 6PKRTSE
Sad day for sure. I have been watching the market since they were new. Someday I would like to find a nice B5 blue H.C. with no sunroof.


Attached picture IMG_2704.JPG
Posted By: gtx6970

Re: Hellcat Market Value - 12/22/23 02:25 PM

Wife and I toss the idea around from time to time on a new charger ( RT or better)

But I just cant bring myself to spend $75k or more on a car

I REALLY liked this one, but no sunroof take sit off the list.

Thats an option the wife will not live without.

Attached picture charger.jpg
Posted By: DaveRS23

Re: Hellcat Market Value - 12/22/23 02:28 PM

Manheim auctions are wholesale (dealer) auctions and the MMR reflects wholesale values. There are other evaluators that indicate retail values. One thing that can be gleaned from both evaluations are trends if you are following a particular vehicle like the Hellcats.

Lots of things go into auction prices and the initial decision to place the unit there. But the choice pieces do not typically go to a wholesale auction. Why would a dealer take wholesale money, less fees and transportation, for a unit that is truly retail ready? There is always a reason that an apparently good retail piece goes to a wholesale auction. A 1 (or maybe 2) owner Hellcat with no accident history would be much more desirable than the same unit with half a dozen owners or with an accident report. Or had significant warranty issues. The devil is in the details.

MMR is a very good indicator of wholesale pricing, but misses the retail money on solid, clean units unless the vehicle is in really, really limited supply. Early on, Hellcats brought retail plus at Manheim when they couldn't be found otherwise and 1 or 2 year old Hellcats would often have several prior owners (flippers) in short order. It was not uncommon to see Hellcats with 6 or 7 prior owners at Manheim by the time they were 2 years old. But those days are long gone.

I will just bet that if you look at the background of the Hellcats at the Manheim wholesale auctions today, you will find the reason they are there, rather than on a dealer's lot. Or in an owner's garage.

I will tell you this; I would be very interested in a one (or 2) owner, accident free Hellcat with 34k for $38k. But it is highly unlikely that is what was sold at Manheim.
Posted By: B3422W5

Re: Hellcat Market Value - 12/22/23 04:51 PM

Originally Posted by DaveRS23
Manheim auctions are wholesale (dealer) auctions and the MMR reflects wholesale values. There are other evaluators that indicate retail values. One thing that can be gleaned from both evaluations are trends if you are following a particular vehicle like the Hellcats.

Lots of things go into auction prices and the initial decision to place the unit there. But the choice pieces do not typically go to a wholesale auction. Why would a dealer take wholesale money, less fees and transportation, for a unit that is truly retail ready? There is always a reason that an apparently good retail piece goes to a wholesale auction. A 1 (or maybe 2) owner Hellcat with no accident history would be much more desirable than the same unit with half a dozen owners or with an accident report. Or had significant warranty issues. The devil is in the details.

MMR is a very good indicator of wholesale pricing, but misses the retail money on solid, clean units unless the vehicle is in really, really limited supply. Early on, Hellcats brought retail plus at Manheim when they couldn't be found otherwise and 1 or 2 year old Hellcats would often have several prior owners (flippers) in short order. It was not uncommon to see Hellcats with 6 or 7 prior owners at Manheim by the time they were 2 years old. But those days are long gone.

I will just bet that if you look at the background of the Hellcats at the Manheim wholesale auctions today, you will find the reason they are there, rather than on a dealer's lot. Or in an owner's garage.

I will tell you this; I would be very interested in a one (or 2) owner, accident free Hellcat with 34k for $38k. But it is highly unlikely that is what was sold at Manheim.



Buy a lot of cars there. You would be surprised what really nice stuff does there. And guys know if something is very nice or not. Really nice stuff does ALL the money…
Many dealers are on a 90 day turn cycle. If it sits on a lot 90 days and doesn’t sell, off to the auction it goes. Many such units have obviously already been fully serviced and are 100% ready to go.
Nice stuff.
Couple years ago I was looking for a Ram 2500 crew cab 4 by 4 to pull my race car. Found a nice 90k mile 2009 hemi unit, one owner, nice truck. Slt crew cab, maroon in color.
I booked it out, retail was like 16k on it at the time. Wife stays home on Fri mornings and bids on cars I give her the figures on I have previously looked into and booked out.
I told her I really want that truck, go to 14k on it, time I pay auction fees and transport I would have 15 in it, and still have to service it. But I wanted it.
Well….It did 22,000 dollars “ wholesale” 6 grand over retail. That was admittedly an outlier, but I see stuff do over retail all the time.
Guys often bring stuff to the sale to “ retail” it. They get top dollar, sometimes just a trade in they clean up and flip, with no service done on it.
We specialize in Subaru’s. Can’t count the times I get one back here I have over retail in, especially really nice older stuff with low miles. And we do just fine on such stuff.
Can’t make a blanket statement about stuff. Every unit stands( or doesn’t stand) on its own merits

Watched a 2021 Hellcat at Manheim, PA with 3700 miles on it bust 75k couple weeks ago.
Posted By: DaveRS23

Re: Hellcat Market Value - 12/22/23 06:57 PM

Originally Posted by B3422W5
Originally Posted by DaveRS23
Manheim auctions are wholesale (dealer) auctions and the MMR reflects wholesale values. There are other evaluators that indicate retail values. One thing that can be gleaned from both evaluations are trends if you are following a particular vehicle like the Hellcats.

Lots of things go into auction prices and the initial decision to place the unit there. But the choice pieces do not typically go to a wholesale auction. Why would a dealer take wholesale money, less fees and transportation, for a unit that is truly retail ready? There is always a reason that an apparently good retail piece goes to a wholesale auction. A 1 (or maybe 2) owner Hellcat with no accident history would be much more desirable than the same unit with half a dozen owners or with an accident report. Or had significant warranty issues. The devil is in the details.

MMR is a very good indicator of wholesale pricing, but misses the retail money on solid, clean units unless the vehicle is in really, really limited supply. Early on, Hellcats brought retail plus at Manheim when they couldn't be found otherwise and 1 or 2 year old Hellcats would often have several prior owners (flippers) in short order. It was not uncommon to see Hellcats with 6 or 7 prior owners at Manheim by the time they were 2 years old. But those days are long gone.

I will just bet that if you look at the background of the Hellcats at the Manheim wholesale auctions today, you will find the reason they are there, rather than on a dealer's lot. Or in an owner's garage.

I will tell you this; I would be very interested in a one (or 2) owner, accident free Hellcat with 34k for $38k. But it is highly unlikely that is what was sold at Manheim.




Can’t make a blanket statement about stuff. Every unit stands( or doesn’t stand) on its own merits




That I agree with. Which is why I responded to your conclusion in your original post.
Posted By: TJP

Re: Hellcat Market Value - 12/22/23 07:01 PM

Silly question, Unless one is going to the track what can you really do with one ? not trying to start any kind of peeing contest but I've often wondered as they are way to much for most drivers, especially on the street shruggy confused beer
Posted By: Dart 500

Re: Hellcat Market Value - 12/22/23 08:23 PM

Challenger is done

https://www.carscoops.com/2023/12/d...with-glorious-pitch-black-srt-demon-170/
Posted By: Dart 500

Re: Hellcat Market Value - 12/22/23 08:27 PM

Originally Posted by B3422W5
Originally Posted by DaveRS23
Manheim auctions are wholesale (dealer) auctions and the MMR reflects wholesale values. There are other evaluators that indicate retail values. One thing that can be gleaned from both evaluations are trends if you are following a particular vehicle like the Hellcats.

Lots of things go into auction prices and the initial decision to place the unit there. But the choice pieces do not typically go to a wholesale auction. Why would a dealer take wholesale money, less fees and transportation, for a unit that is truly retail ready? There is always a reason that an apparently good retail piece goes to a wholesale auction. A 1 (or maybe 2) owner Hellcat with no accident history would be much more desirable than the same unit with half a dozen owners or with an accident report. Or had significant warranty issues. The devil is in the details.

MMR is a very good indicator of wholesale pricing, but misses the retail money on solid, clean units unless the vehicle is in really, really limited supply. Early on, Hellcats brought retail plus at Manheim when they couldn't be found otherwise and 1 or 2 year old Hellcats would often have several prior owners (flippers) in short order. It was not uncommon to see Hellcats with 6 or 7 prior owners at Manheim by the time they were 2 years old. But those days are long gone.

I will just bet that if you look at the background of the Hellcats at the Manheim wholesale auctions today, you will find the reason they are there, rather than on a dealer's lot. Or in an owner's garage.

I will tell you this; I would be very interested in a one (or 2) owner, accident free Hellcat with 34k for $38k. But it is highly unlikely that is what was sold at Manheim.



Buy a lot of cars there. You would be surprised what really nice stuff does there. And guys know if something is very nice or not. Really nice stuff does ALL the money…
Many dealers are on a 90 day turn cycle. If it sits on a lot 90 days and doesn’t sell, off to the auction it goes. Many such units have obviously already been fully serviced and are 100% ready to go.
Nice stuff.
Couple years ago I was looking for a Ram 2500 crew cab 4 by 4 to pull my race car. Found a nice 90k mile 2009 hemi unit, one owner, nice truck. Slt crew cab, maroon in color.
I booked it out, retail was like 16k on it at the time. Wife stays home on Fri mornings and bids on cars I give her the figures on I have previously looked into and booked out.
I told her I really want that truck, go to 14k on it, time I pay auction fees and transport I would have 15 in it, and still have to service it. But I wanted it.
Well….It did 22,000 dollars “ wholesale” 6 grand over retail. That was admittedly an outlier, but I see stuff do over retail all the time.
Guys often bring stuff to the sale to “ retail” it. They get top dollar, sometimes just a trade in they clean up and flip, with no service done on it.
We specialize in Subaru’s. Can’t count the times I get one back here I have over retail in, especially really nice older stuff with low miles. And we do just fine on such stuff.
Can’t make a blanket statement about stuff. Every unit stands( or doesn’t stand) on its own merits

Watched a 2021 Hellcat at Manheim, PA with 3700 miles on it bust 75k couple weeks ago.


Yup, a Nissan store I helped was run by muscle car guys and they had some serious iron on their used lot, GT500's, GT-R's, Hellcats, 392's, ZL1's etc. I went back a week later and all gone, I asked where they all went "to the auction, the season is over" this was the beginning of September. All replaced with CUV's and SUV's.
Posted By: 6PKRTSE

Re: Hellcat Market Value - 12/23/23 12:39 AM

Originally Posted by oldjonny
Originally Posted by 6PKRTSE
Sad day for sure. I have been watching the market since they were new. Someday I would like to find a nice B5 blue H.C. with no sunroof.

Almost perfect. I will have to get rid of the 70's Firebird hood though. I would come up with my own Shaker. De-badge it, add 70' Style Stripe and has to have chrome wheels. That is why I like my 12 R/T Classic currently.

Attached picture IMG_20140724_210408_121 (6).jpg
Attached picture 20230709_181714.jpg
Posted By: DaveRS23

Re: Hellcat Market Value - 12/23/23 04:47 AM

Originally Posted by TJP
Silly question, Unless one is going to the track what can you really do with one ? not trying to start any kind of peeing contest but I've often wondered as they are way to much for most drivers, especially on the street shruggy confused beer


Without drag radials like the demons come with, the Hellcats on regular street tires are down right dangerous. And impossible to use the full measure of their power until nearly the highway speed limit.
drive

I have had several 300s, Chargers, and currently have another Challenger. I have always said that the V6 does a super job in those cars, especially with the 8 speed trans. Even the 5.7 is overkill for most any situation. Including highway on ramps.

I may get a Hellcat at some point. If that happens, I will put drag radials on it right off. It won't get driven that much, so their short life won't matter. But, if I feel the need to unleash that thing, full power will be available before 60MPH.
Posted By: dart4forte

Re: Hellcat Market Value - 12/23/23 04:39 PM

Originally Posted by 6PKRTSE
Originally Posted by oldjonny
Originally Posted by 6PKRTSE
Sad day for sure. I have been watching the market since they were new. Someday I would like to find a nice B5 blue H.C. with no sunroof.

Almost perfect. I will have to get rid of the 70's Firebird hood though. I would come up with my own Shaker. De-badge it, add 70' Style Stripe and has to have chrome wheels. That is why I like my 12 R/T Classic currently.



Needs a hockey stick
Posted By: toplescuda

Re: Hellcat Market Value - 12/24/23 07:16 PM

Back in 2015. We bought a brand new hellcat m6(still own it
Many from this very site said it was dumb
Many said that in 2 years that they would be able to buy a hellcat for 24k
And the niche would go away......how did that work out?
Bottom line is I would not take advice on future car market on this site
Never buy a car for a investment. ......02
© 2024 Moparts Forums