RE: Recent prices paid R/T/SRT - MSRP, Invoice, I+500?
I live in California. Say you buy a $30K car and trade in a $10K car. In some states you only pay sales tax on the difference ($20K), but in California, you pay sales tax on the entire $30K. Pricing on the Challengers reminds me of what happened in 04 and 05 on the GTOs. Some paid over $40K for a $32K car but those who held out a few months got cars for well under $28K. I bought a new 04 for a bit over $27K and a new 05 for a bit over $26K. With the economy on the downswing and all car manufs losing sales by up to 30%, expect heavy discounting just to get rid of inventory. I would not be surprised to see R/T's and SE's selling for more than $5K off MSRP with discounts and incentives by Jan or Feb of 09. A little more patience will save you a ton of cash.