How much is a 2007 Magnum worth?
The 2007 Dodge Magnum is a mid-size station wagon that was produced by Dodge from 2004 to 2008. The Magnum was known for its distinctive styling and powerful engine options, making it a popular choice among car enthusiasts. But how much is a 2007 Magnum worth today?
Factors Affecting the Value of a 2007 Dodge Magnum
The value of a 2007 Dodge Magnum can vary depending on several factors, including the vehicle's condition, mileage, and options. Here are some key factors that can influence the price:
- Condition: The overall condition of the vehicle, including the interior, exterior, and mechanical components, will have a significant impact on the value. A well-maintained Magnum in excellent condition will be worth more than one with significant wear and tear.
- Mileage: Lower mileage Magnums are generally more valuable than high-mileage models, as they are likely to have fewer mechanical issues and a longer lifespan.
- Options: Magnums equipped with desirable features, such as a powerful V8 engine, all-wheel drive, or premium audio systems, may command a higher price than base models.
- Rarity: The Magnum was not a high-volume vehicle, and certain trim levels or special editions may be more sought after by collectors, increasing their value.
According to the data from Source, the average price for a 2007 Dodge Magnum in good condition ranges from $8,000 to $12,000, depending on the specific model and options.
Buying and Selling a 2007 Dodge Magnum
When buying or selling a 2007 Dodge Magnum, it's important to research the current market value and negotiate a fair price. Factors such as the vehicle's history, maintenance records, and any necessary repairs should be taken into consideration. Buyers should also be aware of any potential issues or recalls associated with the Magnum model year.
Overall, the 2007 Dodge Magnum remains a unique and desirable vehicle for car enthusiasts, with a range of values depending on the specific model and condition. By understanding the key factors that influence its worth, buyers and sellers can make informed decisions when it comes to this distinctive mid-size station wagon.
How much is a 2008 Dodge Magnum worth today?
The value of a used 2008 Dodge Magnum ranges from $828 to $6,760, based on vehicle condition, mileage, and options. Get a free appraisal here.
How many 2007 Dodge magnums were made?
Return of the Dodge Magnum?
| Engine | 2005 | 2007 |
|---|---|---|
| 5.7 | 26,807 | 2,603 |
| 6.1 | - | 921 |
| Police | - | - |
| Total | 85,377 | 30,888 |
Is a Dodge Magnum a good car?
The Dodge Magnum isn't exactly the most reliable station wagon in the market, but it is highly praised for its roomy interior and engine options. Despite receiving low reliability ratings, the Magnum still impressed many drivers with how easy it was to maintain.
Do Dodge engines last?
On average, the Dodge 4.7 engine can last anywhere between 200,000 to 300,000 miles if maintained properly. With routine care and attention, it is possible for this engine to exceed 300,000 miles, especially if it is driven gently and regularly serviced.
Why did they stop selling the Dodge Magnum?
Cancellation. On November 1, 2007, Chrysler announced that, as part of its restructuring plans, the Dodge Magnum would be one of four models discontinued after the 2008 model year. In Chrysler's words: "The Magnum, along with the PT Cruiser convertible, the Crossfire, and the Pacifica were not earning their keep".
How long can a Dodge Magnum last?
The Magnum SXT has the 3.5 V6 which is a decent engine, far better than the dogged 2.7 that was in the base model. You should be able to get at least 250k out of it with normal maintenance.
Why did Dodge discontinue the Magnum?
Cancellation. On November 1, 2007, Chrysler announced that, as part of its restructuring plans, the Dodge Magnum would be one of four models discontinued after the 2008 model year. In Chrysler's words: "The Magnum, along with the PT Cruiser convertible, the Crossfire, and the Pacifica were not earning their keep".
How much does a 2007 Dodge Magnum cost?
How much should I pay for a 2007 Dodge Magnum? The 2007 Dodge Magnum models listed for sale on Autotrader cost between $4,450 and $42,500, with an average price of $13,794.
How many miles can a Dodge Magnum last?
The Magnum SXT has the 3.5 V6 which is a decent engine, far better than the dogged 2.7 that was in the base model. You should be able to get at least 250k out of it with normal maintenance.
Why did Dodge Magnum get discontinued?
Cancellation. On November 1, 2007, Chrysler announced that, as part of its restructuring plans, the Dodge Magnum would be one of four models discontinued after the 2008 model year. In Chrysler's words: "The Magnum, along with the PT Cruiser convertible, the Crossfire, and the Pacifica were not earning their keep".
