Originally Posted by Scottina06
Which is exactly why the 06-10 should've dropped seriously when the 12 came out according to some....but it didn't.
Well, no. The WK1 held value because there wasn't anything really like it available still. The WK2 SRT8 is more like a budget Range Rover Sport than an upgraded WK1 SRT8.
And all the WK1 SRT8 prices have been falling pretty well around here. Mid/Upper 10s for higher mileage vehicles, and mid to upper 20s for low mileage examples. Some of the dealers are ASKING in the low 30s for said cars, but they end up selling in the upper 20s after sitting for a while. Which isn't terrible residual for an '08-'10 vehicle when you think about it.
But basically, the WK1 SRT8 and WK2 SRT8 share totally different target customers, so it's expected that the WK2 SRT8 wouldn't have a HUGE effect on WK1 SRT8 residuals.