Was it possible to make the legendary Dodge Challenger Demon even more amazing? The answer is yes, with the Demon 170 generating 1,025 horsepower and record-breaking acceleration. The introduction of this new model has caused some enthusiasts to assume the value of the 2018 Dodge Challenger SRT Demon would drop.
However, according to Mopar Insiders, research indicates that the value of the 2018 model remains strong, despite the new version turning heads.
2018 Dodge Challenger SRT Demon: Pricing
Unsurprisingly, dealerships have marked up the Demon 170 from $50,000 to $150,000 over the MSRP. As a result, some dealers have also been increasing the prices of the 2018 SRT Demon. This has led to a rise in the average cost of a used Dodge Challenger Demon, which was previously around $125,000, to over $150,000, and even up to $300,000 for some models with low mileage.
It appears that dealers are holding onto the used 2018 models, hoping to attract buyers who cannot get their hands on the new Demon 170 but are willing to pay a premium for the older model. But, of course, despite the impressive performance of the Demon 170, its predecessor remains an outstanding performance vehicle. Boasting a 1.8 Gs of acceleration, a 0-60 time of 2.3 seconds, and a quarter-mile time of 9.65 seconds at 140 mph. These numbers are so incredibly that the Demon got temporarily “banned” from the NHRA.
Prices for the 2018 Dodge SRT Demon have continued to rise steadily over the past year. Some vehicles sell for as much as $190,000 for a 620-mile car with an upgrade from Hennessey Performance Engineering on the popular online auction site Bring A Trailer. Indicating just how robust the 2018 model remains among collectors and enthusiasts, despite introducing the new Demon 170. It’s also important to note the pricing of the new 2023 Dodge Challenger SRT Demon 170, which already commands high premiums over MSRP, and the potential impact of growing interest rates on the collector car market. Both of these factors could influence the decisions of buyers and dealers regarding the value of the 2018 SRT Demon.