Dodge Prices Hellcat at $63,995, but Will Anyone Buy One?

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By Douglas A. McIntyre Published
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The new Dodge C SRT Hellcat Charger has been priced, and it will cost at least $63,995 to own. Will anyone actually buy one, or is it just a show car meant to bring potential customers into dealers?

The advantage of owning a Charger SRT Hellcat is its 707 horse power and blistering speed. However, it may take weeks of driving school instruction for a new owner to keep the car on the road. It has that in common with the Corvette Z51 Performance Package, which has a similar horsepower rating and a base price of $69,445, and it is likely to be nothing more than a magnet used by dealers. Dodge may have picked its price point to slightly undercut this competition. Most foreign car companies have adopted the practice of offering cars that a normal driver cannot handle. Among these is the Nissan GT-R, which has a base price of $101,070 and twin-turbo 545 engine — another car out of reach for most car drivers based on price, as well as above the skill level of almost any normal driver.

Automotive companies have a long-established habit of making a flagship car that is nothing more than aspirational. These create a greater share of media coverage than their sales could ever justify. However, the media cannot help themselves. The appeal of covering super-cars is too strong.

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As for the Dodge Charger SRT Hellcat, the company released full specs:

The world’s quickest, fastest and most powerful sedan ever: all-new Charger SRT Hellcat features a supercharged 6.2-liter HEMI V-8 Hellcat engine, producing 707 horsepower and 650 lb.-ft. of torque and recently achieved an NHRA-certified 11.0-second quarter-mile time, is available with a starting U.S. MSRP of $63,995, including $1,700 gas guzzler tax.

Fortunately, for the driver who wants a Charger he can afford and actually drive without training, Dodge offers a version that sells for as little as $27,995 — probably $300 a month for those people who cannot pay cash. And its price is little different from that of a Volkswagen Golf GTI.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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