Monthly COST of Owning a NEW Hellcat Charger. $2,000/ Month for a Hellcat 🤯… 

As a car enthusiast myself I still stand on the statement that no car is worth your financial health or future imo. The way you structure your loan is important if you choose to go that route. Stretching the term length for a lower monthly most of the time suggests that you might not be ready for that amount yet. Personally I’m aiming for 10-20% down and a term of 48 months MAX, especially on performance vehicles that are mainly purchased for pleasure. I’m still fresh in my 20’s and that’s just something I’ve come to realize. I’d imagine it hits different when you know on the back end business has been handled properly

Ordered new. Waited 7 months and Paid $82k cash out the door for my 21 Widebody redeye back in 21. Hagerty insurance is $1238 annually for $115k coverage. Set of Nitto drag radials for the rear $800. Oil change went from $100 last year to $200 this year. I only have 4K miles on it and drive it on nice weekends so I only put around $100-150 a month in gas.

Your videos are extremely well thought out and put together. I appreciate the candor and common sense approach. Great job on keeping it real and practical!

Used 2014 charger V-6 monthly costs, $ 450.00. insurance $56.00 monthly , car payment $175.00. gas $100.00 monthly, $150.00 worth of motor 🛢️ oil per month.. Balling on a budget bro 😊.

I own a Hellcat. That's not what the bank says until the last payment is made.

Hey fam, I think you’re right on target! give or take a few hundred here and there… living out here in Washington state gas is ridiculous… My RT is my daily and I love it. Do I want more power? Of course! But my budget says sit your butt down! Hahaha!! You’re blessed with the beautiful ride you have! Enjoy!! Thanks for sharing as always!!!🫡

Great information. Also remember that most states also have some form of license tag renewal, and that can also get pricey based on the valve of the vehicle.

Knowledge is key..Thanks for the information...

Great content and really good and honest information. As far as you Cat , it's a fun investment, you have your fun and you are investing into your channel to keep it going and growing. Looking forward to more content.

If I really wanted some affordable muscle these days I'd go for a used Camaro SS or something. Not paying over 30K for a car I plan to drive like a maniac lol. Especially when I don't even own a house yet

If you’re new to Mopar/SRT we don’t worry about the gas ⛽️ . I’ve been a MOPAR fan since 1999 , I am furious with the crazy mark ups!!!

People these are solid approximate numbers; I was looking at getting a Hellcat WB and the markup was over $25k and the Hellcat NB's was $10k. I'm keeping my Scat WB Challenger I special ordered in 2021; one tire alone on this bad boy is $749.00 that includes disposal fee, mounting, alignment and balancing. These cars aren't cheap.........

That is about what I pay for my mortgage…for a house! Glad I got my scat when I did. No more payment at this point

You got to be patient. Do your research. Go out of state. I got a 2015 Challenger Hellcat with 11700. 50K. 7year/100,000 mile warranty factored into the payment. You can find a good deal. Keep up with the great content. Listening to you saved me thousands and I got the car I wanted.

In new york a full tank costs about $70.00. Insurance for anything rt and above is $450.00 or over. Owning a hellcat in nyc is ridiculously expensive. This don’t even factor in monthly payments, which in NY is also ridiculous

LOVE THIS CHANNEL!!!!!!!

I know what you mean by blowing past the other cars, My V-6 is like driving a Lamborghini. Nothing is never out of reach, GT 500, Hellcat red-eyes, jailbreaks, you name it, I'll claim it.

Couple days ago I checked out the lease in Southern California for brand new hellcat and they're asking for over 1200 a month with 16 K down!!!

😮 Oooh, my goodness!! Chrysler should be ashamed of themselves, but this wouldn't happen if they had competition price. It wouldn't be so high, but i take my hat off to you, sir, for being very honest with people..

Best video you've done !!!

im actually suprised how affordable a hellcat is ive never looked into it since i ride motorcycles im now very intrigued, appreciate the video bro.

Eco mode basically starts u off in 2nd gear rather than 1st. Also all the v8’s have cylinder deactivation so eco mode allows for 4 cylinders to be deactivated during cruising speeds to help save fuel.

The fact that you said I might be incriminating myself let’s me know every time you get behind the wheel it’s demon time lol 😂

My guys sounds liked he regret getting that hellcat low-key and that's what I heard from all previous hellcat owners the same thing it's not worth it basically keep your scat pack and put upgrade parts on it and save yourself the headache in the trouble & finance problems

I would like to get a Challenger Redeye and pay cash for it, I wouldn’t be daily driving it under any scenario since I don’t want to add miles in a car that I’ll be keeping for a very very long time. My current nice and fun to drive car is filled about once a month, sometimes even longer than that.

Think I’ll just keep my scat 😅

Looking back at it i could of got a hellcat for how much I've put into my modified 5.7 Daytona. Purchased the car brand new from the dealership. Current prices are crazy and i ended up moving from the Midwest to PNW and the rent/housing market here is ridiculously high. I make good money on the raildroad but I'll settle for my Daytona and just boost it.

WHATS EVEN MORE SURPRISING: the interest amount, if you carry the loan for the full 7, 8 years without paying it down sooner (which means youd be paying more monthly) it's like 20-30 k in interest. WOW ANOTHER THING: what about yearly car tax that you have to pay " just for owning" - - that's another couple grand each year. Divide that amount by 12 months. $950 goes towards the actual price the other $250 is interest monthly...for the next 8 LONG YEARS

Also pirelli's are not the best especially all-seasons. Most Hellcats that lose races lose because of the tires. Spend the extra to get something sticky. And if you really really need all-seaons get some Continental DWS06+. But I say stay on summers and park it if the weather is super cold and wet if you are in the south.

Mopar guy but love your content. Keep it up RacerX😊

No shot you are getting it for $1200/month

I have a 2021 dodge challenger widebody hellcat red eye with 13k miles I had it for almost a month now the asking price was $84k but after all the negotiations I got it for $74000 out the door I put $16000 down with a 9.2 interest rate with a monthly car payment of $1217 a month with the taxes, tags and title fees it drove the price back up. Full coverage insurance I pay $577 per month currently. When I first got a quote for insurance for a regular hellcat it was just $388 per month and I’m 35 when I got a quote for the hellcat red eye they had the quote higher and the insurance companies don’t call the red eye hellcat a hellcat in there system. I don’t drive it a lot but hear where I live on the east coast premium gas is about 5.11 to 5.30 per gallon and on a empty tank the car rounds out to be $74 to $79 on a fill up

Love your channel big bro I own a 2018 Toyota Camry le bought it with 10k miles if I didn’t drive 60miles everyday and have two daughters your cars my dream car ❤

This is crazy of people is paying this much for a car.. not worth it

Before I traded my Cat for CTS I was paying 1200 a month🤷🏾‍♂️my CTS so much more smoother with that same aggressiveness,I'm glad I switched up

Not to mention the car depreciates soon as you leave the lot, despite what these dealers are saying 🤦🏿‍♂️

thanks for sharing

1,200 a month is insane😳🤯

i ordered my 2022 hellcat in april of 22 & got it in August. leased it and my payment was at $671 a month. traded my 21 scat pack in with positive equity. after everything my “down payment” came out to $14000 rounded up. i got a great deal.

Those are deceptive numbers. It’s much higher because I own one so stop the cap. Insurance like $350-500 and most have speeding tickets so they pay like $600-900 just for insurance. Monthly car payments are around like $1,600 - $2200. Gas $250 a week. Maintenance etc upgrades $5k a year minimum. This does not include upgrades plus tires. More like $2800 a month. Do not daily these cars very expensive

Great video. I had a scat and this is definitely on the cheaper end. Expect north of $500 if you have it as a daily driver.

Do you find that the exhaust is quieter than your 2020 Scat?

There is no way in living hell I would pay $1200+ for a care note payment even If I could afford it. It's a waste of money going into nothing that appreciates in value. Throwing good money at bad. If the car was sitting in a garage not being driving regularly and remained in pristine condition, maybe it would have some appreciation years and years later, but that's to be determined. It's not a famous painting that has an appreciated value and climbing. Even right now with the interest rate and inflation situation, you could easily be looking at a well over an $800 payment with good credit for a basic car. While I look some of the new Muscle cars including the Mustang 2024, there is no way in living hell I would trade in my existing Muscle for a new one with these prices and BS dealer markups. As far as I am concerned, the dealers who pull this markup game can go under in the end. Repos as of July 2023 are up to 20K nationwide for just that month.

Bro just confessed to a felony

Great video. Did Anyone know where to wrap and do after market sunruff?

My 2021 scatpack widebody gas ⛽️ at $4.69 gallon with a 17 gallon tank am paying $84 dollars now to fill up now because so high right now I know you paying over a hundred in gas to fill up

1200 ha if you finance 84 months on a 88k car more like1700 with these interest rates

great video

Bro his Takes at 8:58 got me Dead🤣🤣 Cuz he 100% right

Leasing or financing a hellcat under a business name is the way to go because you can write off everything on the car at the end of the year with your taxes.

Eco mode starts you car off in 2nd gear to conserve fuel and so that it doesn’t take off with as much power as 1st gear

May want to consider getting a Tesla as a daily and buying Tesla insurance and driving it conservatively. I'm doing that and monthly payments per vehicle doesn't matter what vehicle, your age, or anything it's around 70$ per any vehicle for full coverage. As long as you drive safe in the Tesla you can basically cover a hellcat on your policy for 70$ and drive it how ever you want

Monthly cost of owning cheap mark up price JUNK =Dodge/Fiat

I bought my house BRAND NEW 3000 square foot@ 465k and my mortgage is only 1918 a month. My 2021 Charger Scat was 46k. The 2023 prices are disrespectful and INSANE.

If you can’t save the money for a decent down payment, then you can’t afford the car. Save up, buy a used Hellcat in a couple of years and save a ton of money.

If u can’t afford the price of a Scat or Cat then don’t buy one.. It’s just that simple.. 💯

If you can’t put down near 20% these numbers are different but nobody wants to or can afford put down that much money on a depreciating asset/liability. Plus negotiating the payments isn’t the best practice, negotiate the MSRP. Just my advise

Ouch!!!! I own a 19 scat and I can afford it. If I live at home with my parents and don’t need to pay rent I’ll be driving a hellcat. I live in Cali and it’s expensive here.

Good video! I don't think you mentioned personal property tax that's not cheap on these cars.

I don’t have eco mode on my 6 speed scat pack lol it’s straight track mode but it’s also my weekend car

Maaan, I stay in LA. I had a custom made from the factory, a 2020 scatpack widebody, exactly how I wanted it. I was daily driving it. Now, I put 14k down for the down-payment and my monthly was like $675. But since I was daily driving it, I was spending around $1100 or sometimes $1200 on GAS ALONE. that's not including insurance, and maintenance that my Scat needed, new brakes & rotors like 4k (all 4 corners). I was spending more on gas than the actual monthly payment on my car. I never complained about it cuz I enjoyed driving my Scat and I make enough money for it. Just recently, my Scat was stolen 2 month ago. Luckily my car was fully covered, my insurance cut me a check for 60k 🎉😁 I wanted a fast car but more easy on "filling it up". Long story short, I ended up getting a Tesla Model Y Performance 😎 It has more space for my son and me, the charger cost from 20% - 100% like $13 😂 my monthly payments is like $460. I've raced hellcats, camaros ZL1, and other random cars, from a dead stop at the light AND on a roll on the freeway and its no competition lol my model y performance cooks all of them lol AND since I live in Cali, and because it's an electronic vehicle, I get a $7500 federal tax credit and on TOP of that, a California incentive of $2000 🎉😎 so, I get $9500 back just cuz I get this car lol it all worked out for the best in my case lmao thanks to whoever stoled my Scatpack 😂LMAO

Edmunds says the true cost to own is just over $2,000 a month (for the first 5 years). My local dealer has a new Hellcat and they're asking $83,412 for it. Most financial advisers will tell you your car should cost no more than 1/2 your annual salary. Unless you're making $14,000 a month, a Hellcat is not something you need.

When y’all coming down to Myrtle Beach

My hellcat is my daily. Guess I'm stupid, lol. $1,500 includes insurance. I could afford much, much more, but I choose to keep my debt on the low end of what I can afford so I can invest in assets instead of spend on liabilities.

I love this, but I look at it like this. As an ADULT, you should know what you can and can not afford. It cost to be the boss, and I daily drive my car. Mopar girl through and through❤️

I'm not with the brand new crew I like a used type. It saves me money. I like driving SRT about 6-7 yrs old.

They're similar to the Lowriders of the 1970's, Body work, custom paint job, new interior, hydraulics installation, a trunk full of batteries, engine work, and naturally: a boomin' system = cost of a new house and much success getting it insured - $250,000.00 - $300,000.00 easily 😮😊😅😂

I’m 25 with a 2017 RT. Everyone clowns it but I only owe about 12k on it. I can pay it off with my savings if I really want to but I rather keep making double payments on it so the credit bureau can see my consistent payments 😂

If anyone is worried about the gas and oil costs of a Hellcat u def can't afford the car! 😂 MPG? Who gives a sh*t! It's smiles per gallon for me... Love it when he says he turns into something else behind the wheel of a Charger Hellcat! Jekyll and Hyde right there! Thanks 360!!!!

He ain't lying every time im behind the wheel of my 2020 dodge charger scat (485 horsepower) i feel like im dominic torreo from fast & furious😂😂 chargers do temp you these cars are amazing & i don't have a hellcat i have a scat so i can just imagine a hellcat (717 horsepower) 😳😲

Flo quoted me 1200 a Month for used Hellcat insurance 900 for Charger r/t 700 for scat pack 2 door And 500 below for Durango R/T So I got a wrx lol

How can someone afford a $2k/m car payment unless you’re living with your parents or rent free????? I make ok money and I know I can’t afford that! 😞. Where do people make their money? Can I get in on that too???? 😂

My 2021 charger scat pack wide body was fully decked out and cost 68500. All options except sunroof. I pay 945 A month 0 percent interest for life through the Dodge financing. My insurance is 165 a month. the hellcat ran about 1200 a month. Mine is a daily driver but I work less than 1 mile from home. Only have 1300 miles on it. To be honest the 392 is plenty power. The price difference isn't worth it. You throw a 392 in sport or track its plenty of power. I'm glad I just went with the scat pack wide body overall. But.... You have to get the wide body or your talking a completely different looking vehicle. Those little 275's instead of 305. It all depends on your credit. Going to be a he'll of a lot cheaper with good credit. Also do not forget if you don't make at least 2 to 2 and half times what the car cost annually you will need a co signer you can forget about getting one of these. They won't approve you.

Don’t ever compare to Mercedes…. AMG or not labor on a Mercedes is extreme…. A coolant hose and oil gasket on the top of my engine was 3k wasn’t a big job done in 4 hours .

You’re leaving out important info interest rate how many months did u finance did you put any money down or have a trade in

I’m going 60k used from the dealer under 50k miles. With 5-8k down 72 months that’s what I’m thinking!

Yeah exactly that’s what it’s for!!! It wouldn’t be right to just go regular speed limit especially on the interstate 🛣!!!!Enjoy!!!!

Bro let me tell u something got my 2018 dodge durango srt in February. Monthly payments 1,118 plus my insurance is 400 not including my 2019 toyota rav4 limited thats 495 Monthly and 268 for insurance good luck to anyone who wants a SRT its worth it in the long run tho 😂

You didn’t mention maintenance on the car tires brakes etc

I pay 1400 for my 19 Scat Charger minimum is 830 i round up to 1500. Industrial 160.

That's real talk big dawg!! My cousin has a red eyed jailbreak 1,270 A month then on top of that, his mortgage is 1,400 Then he's gonna tell me he think he made a mistake buying that car I said oh REALLY😂😂😂😂😂😂😂 But anyway he had it for a year he's He's getting ready to trade it in and down grade to Scat pack OR R/T So he can have some money in his pocket.

When he starts to realize these Hellcat video's won't get as many views as them ScatPack video's! Should have kept that much cheaper 392!

I have no interest in getting a hellcat but this is very interesting! Great vid

paying around 1k for a loaded scat including insurance gas and maintenance a month. almost paid off its time to upgrade 🤭

Have fun 🤩

I'll happily pay 2k a month for a GT500 Mustang 🐎 i regularly attended an SRT performance driving school so I've driven Vipers and Redeyes and the Demon. I drove a GT500 Mustang 🐎 for the first time yesterday and i was in shock afterwards. That car is definitely on some other shit. I love my Mopar, but holy shit that Mustang 🐎 was insane.

Bro is hurting & regretting this ish to be big man on campus! It's hilarious you had it good with the scat & could have added to it. But you got greedy & now your here....& Your channel is going to flatten out with this lil bit of content. Then your going to have to bring something new like different to the channel then what.?cause you literally just bought that.

Also not to mention the interest you are paying to the banks. After the loan is said and done how much did the bank make.

Not flexing but I have no problem owning a hellcat my Business funds all my cars and I own some commercial Businesses to help cover my living expenses and stuff, definitely gotta have a lot of money though if your working a 9-5 and have kids.

Spending 2k a month on a car payment and worried about 12 mpg more 🤔

Maybe the eco mode is not working because you have the red key all the time you try it😂

If I could comfortably afford it, I would own one. But I'm not going to stretch or stress myself over a car.

Your numbers are about the Same owning a TRX lol. Just less visits to the gas station. So what in my case I was spending over 2500 to drive that thing 😂. After a certain point you get tired of burning your money and get rid of it, but yea 2000-2500 is an accurate representation. The gas is what gets you. You can spend 1000 a month easy. TRX doesn’t even have eco mode lol. Best mpg we can get is 15. On average I’ve gotten 5 or driving normal 10.5mpg.

I wonder how much he makes annually? Depending on that then the monthly is either outrageously silly or a non issue if you can afford it

wait until you need brakes and rotors, around 2,000 a tire, thats what my hellcat cost from a shop thats not the dealership, dealer wanted more

Your driving habits are like mine. The Scat is fine for the MD area. Can't really drive a Cat the way it should in the area.

I was lucky to be able to pay mine cash and only pay $100 a month for full coverage insurance I only have 1500 miles on mine since I bought it in January took it up to 140 and just drive it for the fun of it. Cannot figure how the young generation can afford this car. They probably lease it and destroy it for the price. Got to show some respect for your investment.

What’s a car payment?

760 a month for my hellcat challenger, 270 for my Insurance that I have with state farm so It Isnt that bad.

happy with my scat