LoginEdmunds Lost $47,000 On The Charger Daytona, And That Was The Good News
- A year of ownership wiped nearly 60 percent off the Daytona’s value.
- The electric Charger covered under 7,000 miles before its value collapsed.
- Staff complaints ranged from fake exhaust sounds to glitchy software.
Buying a new car is almost always a terrible financial decision. But losing nearly $50,000 in a single year after just a few thousand miles takes things to an entirely different level of painful. Unfortunately for Edmunds, that’s exactly what happened with its 2024 Charger Daytona Scat Pack.
Unlike many magazines and websites, that simply borrow their long-term test cars from automakers, Edmunds buys them with real cash. True, it got a small discount from Dodge on the as-tested price of $85,965, but it still paid a hefty $82,000 to get behind the wheel of Detroit’s first electric muscle car.
Related: The Last Dodge Challengers Were Supposed To Age Into Money, Not Lose $14,000 With Delivery Mileage
But 12 months later when it came time to move the car on, Edmunds was shocked to find its Daytona was worth just $35,000. That’s almost a 60 percent hit, and not because the road test team had put a lifetime’s worth of miles on the EV. It had covered less than 7,000 miles (11,300 km), which is the kind of distance some drivers do in six months.
Even worse, the massive financial hit came after most of the Edmunds staff spent a year actively disliking the thing. Reading through their long-term test notes would be enough to send anyone wavering over which pony car to buy straight into the arms of a V8-powered Ford Mustang Dark Horse.
Digital Headaches
Complaints ranged from glitchy infotainment and strange drivetrain clunks to awkward ergonomics and bizarre software behavior. One editor described the fake Fratzonic exhaust sound as “an insult to V8s everywhere,” while another said the car was simply “boring,” which is probably the most brutal criticism you can level at something wearing a Charger badge.
Others hated the turning circle, massive dimensions, inconsistent regen braking, and handling that apparently couldn’t back up the car’s straight-line punch. But the year didn’t pass without the Charger getting some praise. Several staffers liked the styling, roomy hatchback practicality and surprisingly good range. The 670 hp (679 PS /500 kW) Daytona managed 255 miles (410 km) in real world use, comfortably beating its pathetic official EPA estimate of 216 miles (348 km).
“The Charger was a big, expensive disappointment,” the outlet said, summing up the year-long experience. “We won’t miss having this thing in our fleet.”
