2023 Final Edition

[Speedy!]

Service department pays the bills from what I understand. Sales profit, hold back, incentives, interest points, and of course ADM are how dealers make profit. I'm thinking a couple hundred thou of straight profit on one or two units helps a lot. Dealerships here have also held hot cars in their show rooms to draw in the regular buyer. People come to see the hot car and buy a truck or whatever.

Interest rates just ticked up AGAIN, so that's gonna tamp a lot of this for what I'd call normal cars. I'm already getting emails from the local Chevy dealer on "deals" so sales are down I suspect. These limited number halo cars won't be as impacted since the wealthy will pay cash more than likely. Mark my words, very few of these will actually get built. They've already given themselves an out and are 6 mos late to start.

 

[BULL]

NFCU is at 4.74% @ 60m, 5.04% @ 72m


My HC loan was at 2%, DSRT is @3%, and I was annoyed at that...

 

[Speedy!]

I bet those numbers tick up now as well. The days of relatively free money are gone for a while. On the up side my money market account is earning 4% and CD 5.05% so there's that.

 

[MJS73]

I agree, I just didn't want to totally look at it from my own , egocentric point of view.

If it'a any consolation to you, you're far from alone in that.

 

[LaserDoc]

If it'a any consolation to you, you're far from alone in that.

Yes, as a matter of fact, I feel better now!

 

[Demoniccat]

Well, I was coming up on looking for my next hot rod. I had hoped there'd be another option that was an improvement over what I already have. If they had made a Redeye 170 I'd have probably upgraded, if it were priced "normal". I don't pay even MSRP for cars, just bad business much less ADM. Gotta wonder how many sales Dodge/Stellantis will lose after 2023 and what their business looks like 2024 and 2025. My prediction is bleak.

The Demon 170 is cool and has some nice tech, but like the original Demon I expect it won't be that great of a street car. The Redeye 170 would have been that nice bridge for those of us that drive them a lot.

There is always the possibility the crate DC170 becomes available, sell what’s under your hood and stuff the crate in as this thought occurred to me with for my RE. Heck if the A 170 pans out to be strong and reliable I would contemplate that over C170 cast iron crate probably a lot less weight off nose.

 

[Demoniccat]

Rare car = markups (supply/demand).

Other option would be a random lottery for all 3,300 at MSRP. My guess is many, if not all buyers, will turn around and sell for +$150k markups anyway.

So, give markup money to complete stranger buyers (lottery idea) or reward loyal dealers who are likely going to struggle in this EV transition with the markup money?

No way for me selling. Occasional driver yes. Raced absolutely, probably dozen or so times a year, taken care of you bet your ass.

 

[Speedy!]

There is always the possibility the crate DC170 becomes available, sell what’s under your hood and stuff the crate in as this thought occurred to me with for my RE. Heck if the A 170 pans out to be strong and reliable I would contemplate that over C170 cast iron crate probably a lot less weight off nose.

C170 is the same engine I think? However it'll be way cheaper to have a nice short block built.

 

[Demoniccat]

I would almost guarantee that it would be cheaper to have built. Still would love to know why those RE /gen 1 Demon engine’s were blowing up at that power level. Would also like to know who is making the internal rotating assembly for Dodge and wouldn’t doubt it’s reputable familiar names we know with DC part numbers on them.

 

[Speedy!]

I'm not particularly wild about Kevin but wow with what went down for the Demon owners invited to the reveal.

 

[1971demon]

It would be hard to be in his position, because no matter what you do, someone's going to get pissed off.

Agreed...but a MSRP lottery..with a provision that buyers could not resell the car for more than MSRP...ever.......that eliminates the greed factor...and those not interested in ownership..could just pass...

 

[LaserDoc]

Agreed...but a MSRP lottery..with a provision that buyers could not resell the car for more than MSRP...ever.......that eliminates the greed factor...and those not interested in ownership..could just pass...

There's definitely a multitude of ways they could have approached this to give previous owners a reasonable and fair opportunity to purchase the 170.

 

[LaserDoc]

I'm not particularly wild about Kevin but wow with what went down for the Demon owners invited to the reveal.

I actually just subscribed and this is the first video I've watched. I had no idea that this is actually what went down. I confirmed it with Ron, as well. I can tell you with little hesitation, if I would have given up several thousand in income plus the expenses of flying out there, to have it end up the way it did......... That would bring out more juvenile tendencies than what would be socially acceptable.

 

[2pac]

I am at 175 calls to dealers in my call history, and that does not include about 25-30 between my friends and texts etc.....My Trusted dealer got 2 and they decided to keep both for themselves. Unreal......

Code for we will make profit for ourselves down the line. Had this happen to me and called a few small dealers who said they were gonna do this. Funny how this works, are they a dealership or a private collection firm? Personally I think dodge should not allow any dealer personnel or immediate family members to buy one or at the very least allow them extra allocations for private use (as in an owner for a dealership can request a build)

I called almost every dealer on the eastern seaboard on Monday with 2 msrp agreements and 1 @10k over, come Tuesday they were all gone. I had over 10k in deposits on cc refunded to me. I anticipated one of them flaking but not all three. I had verbal offers at 20k slowly turn into 50k+, some bidding wars and ultimately quite a few who had no idea what they wanted to do.

I'm now in line at hendrick to trade in my 22 charger + pay 17k adm for one. (This is gonna be a blind raffle type of deal as well so more luck involved)

Goal here is take delivery of the '23 redeye, make $15-20k profit on the '22 charger and then roll it into the demon. If I get a good offer on the demon I'll likely part ways because of the 17k adm but if not I'll turn the demon into an occasional strip car/car show car.

I'm going to keep one of these cars the question is which one, the 22 hc, the 23 redeye or the 23 demon. After this I'm going back to the germans unfortunately, Don't like the way dodge is moving forward and not looking forward to paying 100k+ for a dodge.

 

[2pac]

Well, I was coming up on looking for my next hot rod. I had hoped there'd be another option that was an improvement over what I already have. If they had made a Redeye 170 I'd have probably upgraded, if it were priced "normal". I don't pay even MSRP for cars, just bad business much less ADM. Gotta wonder how many sales Dodge/Stellantis will lose after 2023 and what their business looks like 2024 and 2025. My prediction is bleak.

The Demon 170 is cool and has some nice tech, but like the original Demon I expect it won't be that great of a street car. The Redeye 170 would have been that nice bridge for those of us that drive them a lot.

Doesn't matter what happens to dodge, jeep and ram are what's holding this all up.

Frankly I'm surprised they didn't send off a final edition of the trackhawk as well.

 

[vortecd]

Let's say the car turned out to be another sticker car and everyone that put money down backed out. You think the dealers would have said this is a binding contract and kept your money if you didn't buy it? Funny how it works one way and not the other

 

[DavidKFla]

NFCU is at 4.74% @ 60m, 5.04% @ 72m


My HC loan was at 2%, DSRT is @3%, and I was annoyed at that...

The Scat Pack was 0% December of 21.

 

[Demoniccat]

Let's say the car turned out to be another sticker car and everyone that put money down backed out. You think the dealers would have said this is a binding contract and kept your money if you didn't buy it? Funny how it works one way and not the other

Precisely the reason I wouldn’t gamble by putting money down way back before it was clear that something special was truly coming at us

 

[Boris]

As a consolation prize, I really like the PCP Super Bee.

Called a couple of dealers
First one 50k over sticker.
Nope.
Make offer?
Sticker......

Next dealer 10k over.

I think these cars will sit. 80k+ for a Scat Pack?!

 

[Demoniccat]

Now it’s very evident had I put down money it would be returned because of dealerships taking highest offer. You are 100% correct in saying funny how it works one way