IT COULD COST YOU $50 PER MILE TO DRIVE YOUR DEMON 170? OUCH!
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- เผยแพร่เมื่อ 11 ก.ย. 2024
- In this video I share why driving your 2023 Dodge Challenger Demon 170 could cost you a fortune to put miles on it in insane depreciation due to the large supply of these cars for sale.
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The owner wants 200k for 2018 demon. Insurance company: okay we're gonna compensate you 78k for your totaled demon
Insurance sees it as a Challenger
@@sasukesuite1 ooookay, you want some attention?
Hey Brad I agree with you 100% anybody that would pay $400,000 for a demon is out of their mind I don't care how rich they are remember a fool in his money or soon parted
* a fool and his money are soon parted.
This LAST CALL markup is the biggest scam ever
“There’s a sucker born every minute.” PT Barnum
Incredible car! Piece of history, regardless of resale or perceived value. The ole saying, something is only worth what someone will pay for it. Sometimes more than we are willing, but who's to say they just didn't want it more, or maybe just because they can. Special ride, regardless. I'm glad you have one, Brad! #Goals
You’re spot on. The cars are going for upper 170’s and no one with money is just going to throw 3 or 400k at them. The dealers are living in dreamland thinking they will get that one person who, like you said, was given a bunch of money and even then pretty much everyone knows these can be had in the 100’s now.
With the financial markets collapsing worse than people know right now they will continue to drop.
Guys what OC is trying to say is appreciate it buy the car at a reasonable price and drive it enjoy it don’t just sit there and look at it and be delusional life is to short. Thanks OC ❤
Cocaine is one hell of a drug
😂😂
I remember a time Dodge built and sold extremely rare vehicles like a 426 Hemi Daytona for less than or for MSRP.
I also don't think 3,000 units make it "Unique" when there are 3 THOUSAND of them.
Anyone paying over 200k is crazy and should put that money into a CD or put down on a house that will actually appreciate lol but like you said OC alot of people fell for the FOMO
Anyone that thinks they are getting rich from buying a Demon is nuts! 😂
It wasn't until the 2023 Demon 170 did the prices of the 2018 jump so high. I watched a few on a few different sites and they were around 115000 to 150000 with almost no miles, then a 70000 to 100000 bump in price. One I specifically watched was a 2018 had 15 miles and was priced at 115000 then over night it was listed at 225000 same car with nothing but the 2023 introductions. Market drive for another model year (23) which in my opinion hurt the first and suppose to be only year (18).
Msrp is borderline fair. These cars don’t take so much to build. The dealers thrive on emotion. Dealer inventory is way back up. Things are changing.
Shame these crazy prices haven't trickled down to the used market with the 'lesser' Hellcats and Redeyes. I wouldn't mind selling my HC and maybe making a couple extra bucks from it. lol
For $400k, I’d buy Tesla stock, down payment on a couple of rentals and keep my day job for a few more years till all that replaces my current income 3x over. I buy disruptive stuff and I plan on putting the proceeds into real estate. Interest only mortgages and let that ride!
Only collectors are going to be able to afford to maintain these cars long term.
I was the first in my car club (or THE COMMISSION aka Vengeance) to have a Hellcat.
$76,000.
$1060 a month.
$315 a month insurance.
Most people I know who bought Hellcats and Trackhawks HAVE RETURNED THEM OR SOLD THEM.
Now the interest rates and insurance is much higher.
I appreciate your time and attention to the matter but could frankly give a shit about the Demon 170. The name they gave it even pisses me off. I am on the other hand, so damn thankful to have secured my 2023 Manual Shift Wide Body Hellcat and have been loving driving the shit out of it every sunny day that presents itself.
I do love my manual!
@@ocmotivator I would hold onto that Sublime Swinger Scat for dear life if I had it in my claws.✌️😁 🤘🤑
@@Mechaniclemaniac it is my favorite car so far. There’s nothing about it I don’t like. 👍 💚
$400k for a Dodge….Karma is going to come back to those dealers.
Karma AKA NO SALE. BOYCOTT those greedy dealers.
Great video!! Such a great outlook the average person won’t see.
Those prices you would see on Barrett Jackson, but a dealership 😂😂😂 id rather invest that chuck of change !
If you think about it and the demon 170 only has about a hundred more horsepower on gasoline it's just turned for the other fuel that brings it up to 1000 horsepower so basically the demon170 has 100 more horsepower and no crate like the 2018 demon I can't see the demon 170 being more than $20,000 more than the 2018 demon
I have a feeing that the only reason so many 2018 DEMON's are for sale is because they are no longer the special edition they once were before the 2023 DEMON, would have remained as collector they once were
Excellent video as always, thank you OC Motivator. I do have a question though, isn't it bad for a car to sit for a couple of years and not driven ? I mean don't the seals start cracking and rotting and the hoses start going bad , and developing bad spots on the tires ? If that is the case, then why the heck would someone drop that large amount of money for such a beautiful car and let it rot ?
Yep. It’s very bad. It’s the same as “lot rot”. Batteries die and need replacement, tires get flat spots, rubber dries out, seals start cracking and leaking, etc etc. That’s why I’m not a collector. Even my old Lambo would punish me with repairs if I didn’t drive it every single weekend.
Another great video, sir. You're doing a public service.
300k for a damn challenger I don't care what kind of engine in it and how much unusable power they can get out of it that is pure insanity
Right? Most people can't even differentiate them from a 30k model
Right? Most people can't even differentiate them from a 30k model
Oh I received a e-mail from dealership they were selling a Demon for $349,000 and they are reducing it by $5000. Are
they really that CRAZY!
I feel like, once the C170 crate engine is released, the prices will fall because errbody will be able to build their own demon 170 🤷🏽♂️
Cracks me up when people are worried about a couple hundred miles on a car. Mine on has 150 or so but I've been working a lot lately. My '18 has about 4200 miles. The ones you saw in Elsinore.
Hell, this car or any car is worth MSRP! Especially this 170! But, to each their own!
When the dealership wants 300k mark-up yes i see the demon 170 unobtainable for the regular guy
I’m facing the dilemma now on whether I want to drive my 170 with factory Carbon Fiber wheels. I have two 2018 Demons and vin/color matched my 170 to one of them. The vin matched 2018 has only delivery miles so I have a vin/color matched pair with only delivery miles. My other 2018 Demon is driven a lot so it’s not a garage queen. I really don’t think I’ll be missing out on much by not driving my CF wheel 170 as my 2018 Demon is a handful on the street. This video was very appreciated and helpful in deciding whether to drive the 170. I’m blessed that all three Demons were bought new at MSRP with one bought below MSRP. A matching pair of Demons including the CF wheels should be a good investment and an insurance policy to ensure I can afford medical care and food in my old age. lol. I appreciate any thoughts you may have on my dilemma!! Thanks
I drove mine this weekend and the difference in grip is amazing. Was all set to sell it but now I just think I'm going to drive it around and have fun!
You don't sound like a whiner. The stuff you are talking about is happening with other cars and people are finding out what they are really worth when they trade it in.
Hope all is well, congrats on Lambo . I’m down here in Temecula area and I see WestCoast Exotic cars you had a transaction with your Demon, what was your original sticker price ? Did WEC low ball your your Demon 170 because us consumers want to know because WestCoast Exotic Cars just listed your Dodge Demon 170 for 199k.
The Demon 170 is MUCH different from the OG Demon . Totally different motor , suspension , trans brake and more. I think it’ll be a 30-40k over msrp car for a long long time .
In theory that should definitely be the case. But like I said, the issue is supply and demand with dealers and flippers flooding the market and hoarding them creating a situation where all it’ll take is for them to stop selling for stupid prices and then serious sellers dropping their prices to beat the crash.
That is called the law of substitution. An example would be if I can afford a portion 911 I may get a Porsche Cayman Same formula but I can afford one etc.
I don't think any have gone for less than $200k on BAT. And the one bid to $180 on cars and bids didn't break the reserve. I drove mine around a bit and was thinking about putting regular tires on it. I agree there are insane prices but $200k sounds fair enough for the last hellcat that's numbered and over 1000hp. Its one a of a kind production car. $200k for the crown jewel of their muscle car collection isn't abnormal. Mopars are expensive muscle cars.
I went to the car show today and no Stellantis. What type of games are they playing with us this year lol😊
Hello OC Motivater, great video as usual.
It's a shame dealerships are seating these for a big pay day. I hope karma catches up with them for ripping people off. It's worth MSRP if you paid more your losing money.
Imagine having 100k and buying a shell and motor and custom building your own. Thats what people use to do. It was always cheaper and more respected in the car culture.
Since the Original Demon was the first Wide Body it looked so crazy and special.. Then they started offering Wide Body on Scats, Cats, and Redeye's.. That was a big shot of death toward the Demon and 170.. If you couldn't get a poverty scat charger/challenger with the wide body they would be so sought after.. Now you can buy a hellcat widebody and mod it yourself to make more power.. Then you look at how you really never want to mod a Demon, most real car guys get bored with the same power and want to make their car look different or mod it as you please.. You just can't do that with a 170 unless you want to ruin it for ever..
Buying a car to have fun is one thing. Buying a car hoping that it will appreciate in value is hardly a step up from gambling. At least you’re smart enough to try to make some money from TH-cam views.
Loved the part about too much to drink at the Auction. Been there done that but nowhere near those prices and mostly buying stuff online I can later cancel or return.
If you figure in the other costs you’re way light on $50 a mile. Just figuring the cost of the car, insurance per year, mpg, and how it eats expensive tires I think you are over $100 per mile and that’s spreading the car cost out over the average 8 years or so.
If you can afford the demon you can afford the $50
Awesome Brad excellent evaluation. So true. 🇨🇦🇨🇦🇨🇦🤛
I think I see the problem here this all started with in my opinion watching these classic car TV shows and Barrett Jackson auctions so when you see dodge chargers, 68-69 Plymouth hemi Cuda Dodge Challenger with special builds, like one of one worth $1 million back in the time with Plymouth Cuda it was just a car you enjoyed but now as I look looking back these dealerships have gotten greedy and say we’re going to take the profits off the top first and then you get yours decades later down the road is a demon 170 worth $400,000 now absolutely not could it be worth that in 20 years yes but dealerships are Taking their cut first and they should never be that way
paying over 100k for an al bundy is insane..you guys got it
I think you'd get more views on the channel if you actually USED these performance cars for their intended purpose -- FAST DRIVING. Buying a 1,000 HP car just to let it sit in the garage is not very exciting. I'd find a speedway somewhere in the area, put the gopro on my head and see what this baby can do ;)
I found a demon selling for msrp @126, and it’s been available for a week now… still not sold
You can add to that all the cars coming on the market from people that are losing their jobs, savings wiped and or that pass away. I say this because Im in 2 out of three of those situations, and am hard at work on the third lol. Well not me per se, but my body sure decided I have to meet my maker sooner rather than later.
So a bunch of cars will be on the market, where I hardly had the time to put any miles on them....At least the old cars will be willed away since I own those and can do what I want but yeah...good luck out there. Id say its a buyers market but ole Biden really is destroying us, on every front.
Here’s hoping those greedy dealers get stuck and get less than MSRP.
Boycott those dealers and send a message.
My 170 will be used hard till the day I die. Love the car, hope the engine ddon´t blow
The only I see a demon 170 $200,000 is if they got that rare invitation from dodge CEO Tim the rare paint job
I love the $495.00 for nitrogen in the tires.
😂😂 Selling “air” 🤦♂️
Crazy right.. our atmosphere is already 70 percent nitrogen.
Times are changing
2018 demon just sold on barret jackson for 118k pricesm are plummeting
18:42 I see a black demon with 74,000 miles… hell yea someone who actually drives these beasts lol
I seen it those stickers in person at the vannuys dealer . lol and they have a few in the showroom..I do have to say they took care of me on my purchase of the 300c msrp price
redeye jailbreak widebody just went on barrettt jackson for 110k 10k over sticker
It’s crazy. Lambo and Ferrari money. I actually drove a 458.
💯
If I was spending $400,000, it would be for a Lamborghini, Ferrari or a McLaren not a dodge.
Yea there is no way in hell that car is worth that😂😂😂. The interior is the same for the past 13 years. Have they seen the inside of the new mustangs? Dark horse all bells and whistles 75k
400,000$ for a crappy backup camera? I would get a 911 Turbo S and Scat Pack Shaker.
18:42 wow 74k in ticker for 99k imo keeping it real worth 60's
The oven is on😅
Dodge Demon 170, I need to get one now with nitrogen filled tires for the fuel savings.
300k for a dodge no thank you I would not take one for free
Mine is a AWD GT V6 …It’s a very nice car if you know what I’m talking about.
Someone will buy it...chasing that 1025 hp....lol
I have 2 super Stocks I race and I wanted a Demon 170, but I will not pay ransom for a car. I would have raced it and not wrapped it in plastic and bubble wrap.
Dodge is dead this year, I was trying to buy a hell cat and the lenders said no because they over inflated their price. I immediately thought of you lol
There are some people out there making $1 Million dollars per DAY.
Some people making a Billion per year.
God Bless them, because I just can't see making purchases like this and just throwing money away.
And I’ve met some of these people in person and I’ll tell you that they literally split the check with their friends. Unless it’s found or inherited money, they don’t spend it stupidly in most cases.
200k or more for a dodge, if you wanna just give money I’m here😅
The people paying these insane prices are high! Lol
Hi, i know that you were fortunate and were able to get your car without the mark up. Then there is taxes and insurance. Do you think as time passes and you go to sell that you will be able to at least break even on the purchase?
I will go buy me a couple of nostalgic Muscle cars Numbers matching. Well that much money you can maybe get your 3. And the price would do nothing but go up on them.
what a discount when i put nitrogen in my tires it costs like a bazillion, i would gladly bend over for $500 what a steal, from me.
Funny thing is.. there will be a couple stupid ppl that will buy it at this price point!
Yeah, definitely lol 😂
Not going to call someone willing to pay $300k over sticker for a Dodge “Stupid” … but
Wisdom has been chasing you. But you’re too fast.
I want to find wrecked ones, SRT's hellcats, demons whatever. I have a 2006 dodge Magnum SXT I want to convert to a hemi
For $400K it better be a mint condition 1970 Hemi Cuda.
I’m looking at corvettes at this point only an idiot would pay 300k for a dodge, buy a corvette and put a whipple on it ? That’s a thousand horsepower
preach it brother
Definitely
I got an octane red with black 2 tone and premium package. Has 27 miles on it now. If someone wants to give me 400k i will gladly take it.
Is not even a 150 thousand dollar car . Is not as good as a ZO6 is crazy fake bubble 😂
50 dollars per mile? This gotta be click bait😂😂😂. Guess I gotta find out
Are any bringing money at Barrett?
And the last door of Dodge garage to be open is 666 Brand new Demon 170 All-wheel drive😂😂😂 If that actually did happen All you would hear is chin's hittin the floor And All you would see is money flying out windows. I wasn't sure if I Should send this one out or not. I didn't want to start any rumors.
Good old Russell Westbrook Dodge lol
Dodge is gonna suffer these next few years.
they are selling for $380'000 because, on a normal sale price of what was $78'000... the coded line of how a person in the local aria has to work and pay taxed to then get that $78k loan paid in full over 8 years, amounts to that $430'000 sticker price to total overhead they have paid to taxes to then get $78'000. as the books are reviewed more and more people are buying big things without ever paying a single cent in federal/state taxes of any kind including paying for lunch. ... stolen sticker shock leads to a criminal staying in jail for a very long time.
A $78k car loan over 84months at 8% tax is a total of $109,000.. Lets say that you got a loaded redeye sticker and you paid $90,000 at 84 months + tax and fees = $119,904... I think you need to re-do your math.. there are many auto loan calculators that account for every cent and lay it out showing how much principal and interest paid per year, as it starts heavy year 1 and goes down every year, and every year principal rises the same opposite of interest..
Guess there is a putz out there that will pay it 😅😅
2018 Challengers for 200k 😅😂. If im paying 200k for car, nobody will be able to confuse it for the 30k v6 version