Durango Hellcat prices are dropping, but this seller evidently believes they can get more elsewhere
- A new 2021 Dodge Durango Hellcat was auctioned, but failed to meet its reserve price.
- Despite multiple parties willing to pay over $62,000, the seller wouldn’t let the car go.
- This could be because newer ‘Hellrangos’ aren’t much more expensive than this one.
Of all the three-row SUVs out there, the Dodge Durango Hellcat is easily one of the wildest. With 710 horsepower, a rear-biased AWD system, and a towing capacity of 8,700 pounds, it’s essentially the SUV version of a muscle car. Oh, and it’s getting cheaper as time goes on – at least, according to the free market. But one seller wasn’t having any of that, turning down a $64,000 bid at auction for a 2021 Durango Hellcat that has been sitting for nearly four years.
More: Someone ‘Stole’ A New Durango Hellcat From Dodge Dealer For $31K Off MSRP
This particular Durango Hellcat is about as close to new as you can get without stepping onto the showroom floor. With only 15 miles on the odometer, it’s essentially a delivery mileage example that’s still wrapped in its dealership plastic. We’re talking seats, steering wheel, consoles – basically, it’s all still in factory-fresh condition.
The Market’s a Whole Different Beast Now
Sure, this offering from Cars&Bids was a great vehicle, but let’s be honest: the market isn’t what it was a few years ago. Buyers know that, and so do most sellers out there today. That’s likely why no one was willing to splurge beyond $64,000 for the pleasure of owning this Durango, which originally had an MSRP of $91,980 with destination fees back in November of 2021 when the current owner acquired it.
Photos Cars&Bids
The reserve could also be related to the loan still not paid off by the seller for the vehicle in question. If they bought this new, there’s almost no chance that they got away without paying an egregious markup back i. Perhaps they’re still dealing with the consequences of that choice.
Read: HEMI V8 Reportedly Returning This Summer, Built In Michigan
Even so, at $64,000, this is probably not as good a deal as the person who recently picked up a 2024 example for $31k under sticker. Sure, they paid more, $81,500 to be exact, but their car didn’t sit in a garage or parking lot for some 48 months and like we said, now it’s a whole different marketplace.
The Warranty
Another important factor? The 2024 model we mentioned still has a factory warranty, something this 2021 Durango is partially missing after four years. If it was first registered in November 2021, the 3-year Basic Limited Warranty has already expired, but it should still have about a year and some change left on the 5-year Powertrain Limited Warranty.
Sure, you could shell out an additional $4,000-$5,000 for an extended warranty from Mopar, but why would you, especially when you’re already paying for a used car? Honestly, it’s a bit surprising the seller didn’t just accept the offer and call it a day.
What Would You Do?
That said, they could still come around and accept the highest offer. After all, it wouldn’t be the first time someone got cold feet about selling a Hellcat. But honestly, what are they waiting for? Are they hoping someone will magically pay top dollar just because it’s “new” with 15 miles? At this point, holding out seems more about stubborn pride than smart selling. So, what do you think: will they eventually cut a deal, or are they just holding onto the dream?
Photos Cars&Bids