Do you think depreciation will be as bad as regular neons?

SRT-Hunter · Mar 5, 2003

Do you guys think the depreciation on the srt-4 will be as bad as it is for normal neons??

NeonWaSp · Mar 5, 2003

i dont think its that bad on the second gen's. and as far as the srt goes it will surely hold more value being limited production turbo etc. who knows though until a couple years from now

SRT-Hunter · Mar 5, 2003

its limited production!??! Oh no...i thought it was limited release...as in calif and florida first, then everyone else. You mean the srt-4 is not gonna be around next year?

darbowmach1 · Mar 5, 2003

No, the SRT-4 is first of all affordable (20k), so putting this car on the market 4 years from now for lets say $14k or 15k will look like a bargain compared to other cars with the same performance levels. Unfortunatly i see 00 or 01 regular Neons selling for 7-8k and its sad. This car will be different like the way older cars such as the Sentra SE-R and the Civic SI hold their value (im just using these cars as an example not starting a "forum war"). Buying a SRT-4 will be a smart choice for anyone looking for a value priced performance car under 21k.

SRT-Hunter · Mar 5, 2003

darbowmach1 said:
No, the SRT-4 is first of all affordable (20k), so putting this car on the market 4 years from now for lets say $14k or 15k will look like a bargain compared to other cars with the same performance levels. Unfortunatly i see 00 or 01 regular Neons selling for 7-8k and its sad. This car will be different like the way older cars such as the Sentra SE-R and the Civic SI hold their value (im just using these cars as an example not starting a "forum war"). Buying a SRT-4 will be a smart choice for anyone looking for a value priced performance car under 21k.

Ya, i own a '00 civic si. Im asking $15k for it, and have gotten a lot of respones. Someone is coming down next week to check it out, and if it matches what I said about it, hes gonna buy it woot. I bought the car for $17k out the door too.

darbowmach1 · Mar 5, 2003

Good job, luckily Civics get big bucks in LA. The SRT-4 should hold its value also. Hope ya sell and get your SRT-4!

SRT-Hunter · Mar 5, 2003

darbowmach1 said:
Good job, luckily Civics get big bucks in LA. The SRT-4 should hold its value also. Hope ya sell and get your SRT-4!

thanks man...you gettin an srt-4 too?? or do you already have one?

ohyeahwright · Mar 5, 2003

I am also a bit concerned about this car holding it's value. Despite all that Dodge has done to set this car apart from the Neon, the two seem forever linked (ie: all the tv reports have called it the "Neon SRT-4.") Apart from this, cars are rarely good from an investment point of view, what with the quick depreciation of new cars leaving the lot. I hope the SRT-4 bucks the Neon trend though, but I'm not counting on it. Besides, I bought this car drive, not invest. :twisted:

Grunge · Mar 5, 2003

You're lucky you have a Honda. I have a 2000 Sentra SE that I'm selling and I'll be lucky to get $8500 for it and I paid around $17,500 for it.

SRT-Hunter · Mar 5, 2003

ohyeahwright said:
I am also a bit concerned about this car holding it's value. Despite all that Dodge has done to set this car apart from the Neon, the two seem forever linked (ie: all the tv reports have called it the "Neon SRT-4.") Apart from this, cars are rarely good from an investment point of view, what with the quick depreciation of new cars leaving the lot. I hope the SRT-4 bucks the Neon trend though, but I'm not counting on it. Besides, I bought this car drive, not invest. :twisted:

Ofcourse....I dont want the srt-4 for an investment, I want to drive it too!.. However when I am ready to get a new car, it would be nice if I could get some decent amount for it ya know? I mean, the only reason I am even thinking about getting the SRT-4 in the first place is because the Honda held its value so well. If I were in Grunges situation....I wouldnt be able to get a car till 2006 or something.

Good luck grunge

darbowmach1 · Mar 5, 2003

To answer your question if i have one yet, NO! (DODGE were all pissed at you). I am looking to buy a Black SRT-4 in the spring (im in Pa and it will be a while). In the meantime i am seriously considering a 2000 Maxima 5sp (Black) or a Blue WRX. The Max i can get for around 14-15k and the WRX used around 18-22k. So if Dodge dicks around too much longer i will go for one of the above. :x

Exhaust Depot · Mar 5, 2003

I dont think it will hold its value unless they are very limited which I doubt because sales will be so good. 7500 is the limt for this year so they say. I know next year they will make a whole lto more.

I bought my surpa for 23k with 55k miles on it. I sold it for 23k with 160K miles. I think this is the first time I ever had a car and it actually be an investment.

I had it for 4.5 years.

SRT-Hunter · Mar 5, 2003

Exhaust Depot said:
I dont think it will hold its value unless they are very limited which I doubt because sales will be so good. 7500 is the limt for this year so they say. I know next year they will make a whole lto more.

.

So you really think they will make them in '04?

lifeisdeath · Mar 5, 2003

yes, they will definitely be making them in '04.

http://www.modernracer.com/dodgeneonsrt4.html

pvo said the whole line will be in 2-3 year runs. they start making them for canada for '04.

has anyone seen this page yet?

https://www.dodgeparts.com/default.php/cPath/43/osCsid/129d4878eedf7ab382017fef680a6d1a

RaptorRed · Mar 5, 2003

If it's anything like my 98 ACR, I can live with the resale value. Maybe the ACR is just an oddball.

Slow5OH · Mar 5, 2003

They're not going hold their resale value well at all. It's a turbo performance car and people will know that it has been well used. So basically you won't get jack for it.

-faast

duderdude2 · Mar 5, 2003

Slow5OH said:
They're not going hold their resale value well at all. It's a turbo performance car and people will know that it has been well used. So basically you won't get jack for it.

-faast

Well, that should apply to the WRX as well then, by your definition.

hemidakota · Mar 5, 2003

Re: Do you think depreciation will be as bad as regular neon

SRT-Hunter said:
Do you guys think the depreciation on the srt-4 will be as bad as it is for normal neons??

With any specialty car, the deprecation is based on production numbers, demand from buyers, and current local supply of the vehicle.

The numbers of production will determine and the demand for the car will tell you the value of worth.

Right now, there is no car in America that holds a better value than the hand-built Viper. The production numbers are low and the demand is high for the use car. Even the SRT-10, it has a current premium of 10K plus over MSRP to get the car.

hemidakota · Mar 5, 2003

2004 Dodge Neon

The Dodge Neon for the model 2004 will be refresh and share the EVO under carriage from Mitsu.

Lets hope it will get the AWD unit also.

SRT-Hunter · Mar 5, 2003

Re: 2004 Dodge Neon

hemidakota said:
The Dodge Neon for the model 2004 will be refresh and share the EVO under carriage from Mitsu.

Lets hope it will get the AWD unit also.

Are you sure your not talking about the 2005 model??

Do you think depreciation will be as bad as regular neons?

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