posted 05-21-2001 07:43 AM                  

The market for Prowlers have really went down hill in the last year. You couldn't even get Prowler for less then $40k and now they are selling well below that for used ones. New ones you can buy for sticker no Problem.

Why can't we as the owners keep the resale of the Cats High, since there are only a few thousand Prowlers out there? We as the Owners can do this? Lets not let the Prowler market go to waste and keep these gems on the list of exotic cars! We deserve some respect?

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Brian K. Richardson
West Palm Beach, FL http://mycat.50megs.com

1997 Purple W/ 1997 Mopar Trailer
Splash Guards
Ceramic brake pads (front)
"Cracked Ice" shimmers on rear bumpers
2001 Prowler Ignition Key
"Quality NOT Quantity"

posted 05-21-2001 02:46 PM                  

Also, since this is a free market society, you can't force everyone to raise the price of their car. If one guy doesn't, then another will follow suite to sell his and so on. Also, if you are trying to ask top dollar or over sticker for a used one and dealers are selling new ones for below sticker, well, you get the picture.

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Trey
Post 2001 Black-Tie #005
(your welcome Larry)False alarm, it's gone now.

posted 05-22-2001 09:08 PM                  

When the Prowler concept vehicle became a reality, Chrysler's mission was to offer the car at a price just under $40,000. It was originally announced that the price would be $39,000 plus tax and freight.

Now, think about these points:

1. Upon release of the vehicle, the dealers proceeded to and continue to demand exorbitant prices for the cars, which a lot of people paid and pay. Technically, the car was not worth those prices.

2. As everyone knows, the minute you leave the dealership, a vehicle depreciates in value. Prowler depreciation has actually been miminal in comparison to the average vehicle. However, it is highly unlikely that anyone who paid the exorbitant prices the dealers were/are demanding for the car could expect to re-coup their money based on the current prices and availability.

3. A car is only worth only what someone is willing to pay for it. The biggest issue with a low volume car is matching willing buyers with the sellers.

4. The only time value is an issue is when you are willing to sell it, if you are willing to sell it.

5. In terms of overall resale value, completely stock, low-mileage, unmolested vehicles always bring the highest price in general vs. the same vehicles that have been modified or customized. The only exception would be a celebrity-owned vehicle or a race car with documented history.

6. With regard to Todd's statement about paying premium for used vs. buying new......the only exception might be to obtain a particular color Prowler that is no longer readily available.

Just my opinions and food for thought!!

posted 05-22-2001 09:18 PM                  

Remember: A vehicle is worth WHAT it will BRING in CASH, TODAY.

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Larry Salzman
Call 911 - there is a Prowler in my garage....

posted 05-23-2001 07:09 AM                  

I agree with Todd, Most exotic cars out there lose about 1/3 of there value after a year. Look at Porsche, Ferrari, BMW's and etc. I guess we are holding on pretty good as far a resale value. Now if they only stopped production.

posted 05-23-2001 07:55 AM                  

quote:

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Originally posted by spoons:
I agree with Todd, Most exotic cars out there lose about 1/3 of there value after a year. Look at Porsche, Ferrari, BMW's and etc.

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I watch this market pretty regularly and here are my observations:

A used Ferrari 360 Modena brings more used then ordering new.

A used Mercedes CLK 430 cabriolet can be traded back to most Mercedes dealers for about $5K more then what they were bought for.

If you bought a Porsche Boxster back in 1997 and sold it today, you could get almost what you paid for it. How many other 4 year old car purchases can do that?

If you had ordered a new Porsche 911 Turbo, took delivery of it and drove it for 6 months, you could then sell it back to the same dealer for $20K more then you bought it for.

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Trey
Post 2001 Black-Tie #005
(your welcome Larry)False alarm, it's gone now.