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I have a 2017 JGC SRT with 45,500 miles in excellent condition. I bought it used in late 2019 with 29k miles on it. I work and live in the same city so don't use it to commute, more of a sunday driver or out of towner with the occasional errand being ran.
I love my SRT but the payments are steep ($750 a month). I can swing it but it would be nice to use some of that money for a mortgage payment. I've been looking at trading it in for a 2017 Golf-R with 25K miles on it in good condition with an asking prices of $36K. Currently my average KBB trade in value for the SRT is $47,500 and I still owe $45,000 on it (I refied in the middle of shelter in place).
My concern is if I don't get rid of the SRT soon I won't be able to move it or get much value for it but they do seem to hold their value better than other vehicles (probably way better than VWs), I could probably get my payments down to $550 if I went for the Golf-R which gets way better gas mileage in a time where it doesn't seem like gas will go back down after the recent hike earlier this year and will only get worse in the future.
I also wonder what if I just kept my SRT and continue to invest in it and take really good care of it. I could have it paid off in 4-5 years and maybe have a classic I could still enjoy driving and take a lot of pride in. If I'm still feeling a pinch I could probably sell it for at least $25,000 if I keep the mileage south of 100k. Anyone have advice from holding on to their SRT8s for 10 or more years?
On a side note, while I love the street performance of the SRT I would like a little more off road capability. I know the open dif and suspension severely limits this but I don't want to do anything hardcore. I just want to be able to handle fire roads, snow, eroded mountain roads, shallow sand pits, mud etc,,, when I try to get out of the city (yes, I know the Golf-R would perform much worse in this category). Any recommendations for mods that could help with this without severely altering the street performance and general intention/purpose of the SRT? Slight suspension tweaks, hybrid tires? I'm not going to the track or anything or doing any drag races. I just really like having a high performance vehicle with a broad range of capabilities.
Thanks!
I love my SRT but the payments are steep ($750 a month). I can swing it but it would be nice to use some of that money for a mortgage payment. I've been looking at trading it in for a 2017 Golf-R with 25K miles on it in good condition with an asking prices of $36K. Currently my average KBB trade in value for the SRT is $47,500 and I still owe $45,000 on it (I refied in the middle of shelter in place).
My concern is if I don't get rid of the SRT soon I won't be able to move it or get much value for it but they do seem to hold their value better than other vehicles (probably way better than VWs), I could probably get my payments down to $550 if I went for the Golf-R which gets way better gas mileage in a time where it doesn't seem like gas will go back down after the recent hike earlier this year and will only get worse in the future.
I also wonder what if I just kept my SRT and continue to invest in it and take really good care of it. I could have it paid off in 4-5 years and maybe have a classic I could still enjoy driving and take a lot of pride in. If I'm still feeling a pinch I could probably sell it for at least $25,000 if I keep the mileage south of 100k. Anyone have advice from holding on to their SRT8s for 10 or more years?
On a side note, while I love the street performance of the SRT I would like a little more off road capability. I know the open dif and suspension severely limits this but I don't want to do anything hardcore. I just want to be able to handle fire roads, snow, eroded mountain roads, shallow sand pits, mud etc,,, when I try to get out of the city (yes, I know the Golf-R would perform much worse in this category). Any recommendations for mods that could help with this without severely altering the street performance and general intention/purpose of the SRT? Slight suspension tweaks, hybrid tires? I'm not going to the track or anything or doing any drag races. I just really like having a high performance vehicle with a broad range of capabilities.
Thanks!