Hellcat Halted

Standard

Don’t panic—the production of the Dodge Hellcat Charger and Challenger was not halted due to a lack of sales. In fact, Dodge stated in its blog this week it’s no longer taking orders for the 707hp muscle car because it’s too behind on orders.

According to an article from Road and Track, about 2,200 cars have been delivered worldwide—which includes both the 2-door Challenger and the 4-door Charger. More than 9,000 orders have been placed in recent months for the extreme muscle cars.

Fiat Chrysler, which owns Dodge and the SRT division has warned potential customers that certain dealerships have been accepting deposits for the Hellcat without actually having permission from Dodge to do so. Dealerships have been allocated one Hellcat per month. Dealerships must also pay a fine if an unsold Hellcat sits on the lot for more than five days. There have been reports that some dealerships have accepted $5,000 non-refundable deposits on cars they cannot fulfill the order for.

It is unclear how long production will be halted, but one would assume that Dodge will take advantage of the increased demand and hold off on new orders until others have been filled. With demand so strong, and no new orders being taken, it will be interesting to see what will happen to the value of already delivered Hellcats.

The Hellcat Challenger comes with a reasonable base price of $59,995 and the 4-door Charger starts at $63,995. Both vehicles get their power from a supercharged 6.2L V8 engine that makes an astonishing 707hp. For the price, there may not be a better, more powerful car out there. A new Lamborghini Aventador packs 700hp and has a starting price of almost $500,000; although both cars offer different types of extremes.

The Charger wears the crown when it comes to the world of powerful sedans, which has been an increasingly popular market. The car holds a record-setting top speed for a sedan of a blistering fast 204 mph (yes, it’s been proven) and holds the record for the fastest quarter mile by a sedan at 11 seconds.

The Challenger has a top speed of a very fast 199 mph, a 0-60mph in the low three-second range and runs a 10.8 second quarter mile. Surprisingly, the car manages to get 22 mpg despite the massive power output.

To allow for easier daily driving, the Hellcat models come with two different key fobs. One key fob restricts the engines power output to “just” 500hp, while the second key will unleash all 707hp.

According to CNN, Challenger sales are up 60%, while Charger sales have increased 23% for January and February. This leads me to believe Dodge has won the battle of the revival of the muscle cars between Dodge, Ford and Chevrolet. Although successful, sales numbers for the Mustang and Camaro don’t come close to matching that of the Hellcat. Also consider the fact that the Hellcat models are the fastest production muscle cars in the world right now for a very reasonable price. Will Chevy and Ford catch up? Will the Hellcat model duo have any competition in the near future? Only time will tell.

Join the conversation on Twitter (@CarZachdotCom) and tell me which is your favorite, the Challenger, Mustang or the Camaro. Check out daily photos of super cars and muscle cars on by following CarZach on Instagram @carzachdotcom.

Send in your photos via Twitter, Instagram or email (Carzachdotcom@gmail.com) for a chance to be featured on our page.

Check out the 2015 Hellcat Challenger here

Check out the 2015 Hellcat Charger here

 

Advertisements

Motivation Monday Round 2!

Image

IMG_1588

 

Now that is one “HOTLAMBO”! It’s a new week with new opportunities. Let this stunning Lamborghini Gallardo motivate you to work hard this week and achieve your dreams! I snapped this photo while attending a local car show on a hot summer  Long Island day. Stay tuned for a new article this week, I have some more great cars coming up!

Exotic Car Sales Rev Up

Standard

IMG_1325

It may be shocking to hear, but yes it is true! Exotic car sales are revving up. The economy may be struggling to fire on all cylinders but it seems as though the “1%” are doing just fine. It’s not just the United States that is seeing this market grow. According to CNN.com, the global sales of exotic vehicles are on the rise (Valdes-Dapena, 2014). Partly, these heightened sales are due to the fact that China’s wealthy are just now getting much easier access to these beautiful machines.

With 2013 over and done with, Lamborghini says that they sold a whopping 2,121 vehicles globally last year. According to CNN, this is the third straight year Lamborghini has had a sales increase! The Italian company currently sells only two different vehicles, one – the 700hp, $400,000, Aventador and the other, a more modest 562hp, $225,000, Lamborghini Gallardo. CEO, Stephan Winkelmann mentions that the United States continues to be the number one buyer of these high-priced cars (Valdes-Dapena, 2014). Personally, I would not be shocked to see the sale numbers increase yet again at the end of 2014 due to the release of the replacement Gallardo and a rumored SUV is in the making!

Need an exotic vehicle that can carry more then two people? And do it in opulent style? Well it seems the wealthy are in need of that. Rolls Royce, the fancy and sophisticated sister of BMW is also recording high sales. The very highly regarded brand sold 3,630 voluptuous vehicles this past year (Valdes-Dapena, 2014). This marks the fourth year in a row that the company recorded record sales numbers. Look for the new two-door Wraith, which seems to be the hottest car on the market for the wealthy who want to arrive in style.

The other luxury company to roll out of England is Bentley. They too recorded sales of more than 10,000 cars last year alone. Wolfgang Schreiber, the CEO of the company says that most sales come from China and that he expects them to continue to drive up sales in the coming years.

Yet again, it’s another company from England that is setting records. Aston Martin, has seemed to capture a huge audience of James Bond wannabe’s. The company sold 4,200 cars in 2013 (Valdes-Dapena, 2014). The British super car maker hasn’t seen numbers like that in nearly six years! 

Heading back to Italy, Maserati sold 15,400 cars last year (Valdes-Dapena, 2014). Compared to every other exotic company listed here, Maserati offers the most “affordable” cars. The company even lessened its exclusivity and has released the Ghibli which will set back the buyer at least $66,000. This is the new entry-level vehicle and is meant to rival BMW and Mercedes. If you don’t want to be driving around in car that’s less than $100,000 please don’t worry as you can still buy an MC Stradale for $155,000!

If you’re curious as to why Ferrari didn’t make the list it’s because they’re actually cutting down on production. No, they’re not short on money. They just think that even if you have a few hundred thousand dollars to drop on a car, you should still have to search hard to buy a Ferrari.

With an inconstant global economy right now, who knows whether or not exotic car sales will continue to rev up in the coming years. I  certainly would not predict that any of these companies will mass produce their vehicles. They will always hold their place in society as rare, exclusive, and of course exotic!

IMG_1543

Reference:

Valdes-Padena, P. Exotic Car Sales Surge to Record High-Except Ferrari. CNN.com