Dodge Challenger SRT Demon Prices

Sherry Bryan
Jul 19, 2021

The 2018 Dodge Challenger SRT Demon scorched new roads (and many a quarter-mile) as the most powerful street-legal, factory production car. But, is the high-performance Mopar muscle a good investment today?

2018 Dodge Challenger SRT Demon

Simply put, there is no other car on the market like the 2018 Dodge Challenger SRT Demon. Every aspect of the car embodies the pure, iconic spirit of the muscle car. Built for quarter-mile dominance, it is also versatile to work as a daily driver.

However, the limited-edition 2018 Dodge Challenger SRT Demon’s rarity and pedigree make it an investment too. It is possible to find one in the preowned car market, but it may require patience and research — and a decent size budget considering that the reported going rate is between $95,000 and $131,000.

The Dodge Demon’s unparalleled performance includes best-in-class power and speed. This big power is largely due to the mighty supercharged 6.2-liter Hemi Demon V8 engine. With irresistibly bold and aggressive styling and a comfortable well-appointed interior, the Challenger SRT Demon is a thrilling Mopar muscle car.

Produced only in 2018, it is a rare car. As such, demand has driven the price up in the used car market. Additionally, this is a serious machine and the track-bred potency may be too much car for some casual drivers. Maintenance and gas costs are higher than average. And the 2018 Dodge Challenger SRT Demon is only offered with an eight-speed automatic, no manual.

As a high-performance car, the Dodge Challenger SRT Demon will require extra care, upkeep, and a breaking-in period to acclimate the driver with the machine. Ultimately, the Challenger Demon carries the spirit of Dodge’s 1960s- and early 1970s-era muscle cars, honing it with modern Mopar hellfire.

For those looking for a quarter-mile menace that can’t help but stir the senses, the 2018 Dodge Challenger SRT Demon is unmatched.

2018 Dodge Challenger Hellcat WB and SRT Demon - Photo by Dodge

Birth of Muscle

As a result, Dodge became one of the most prolific and trailblazing names in the pony and muscle car game. With noteworthy nameplates like the Challenger and the Charger, Dodge was producing some of the first high-performance American cars.

First introduced in 1970, the first generation of the Challenger was a huge success initially. But due to the energy crisis, it only ran until 1974. It returned from 1978 to 1983, with a disappointing slant-six-powered subcompact to keep up with the times.

Finally, the Challenger returned in 2008 and it was completely reborn. Technology had evolved and the Challenger was taking full advantage. With a 6.1-liter Hemi V8 under the hood, it was 425 horses of purpose-built Mopar fire. And in keeping with the rise in temperature, Dodge offered the Challenger in SXT, GT, R/T, R/T Scat Pack, and SRT Hellcat trims.

2018 Dodge Challenger SRT Demon - Photo by Dodge

2018 Dodge Challenger SRT Hellcat Demon Specs

In 2018, Dodge wanted to build a true drag race Challenger trim. After the success of the 707-horsepower Charger SRT Hellcat and Challenger SRT Hellcat, Dodge felt they could increase the output and keep the price point reasonable.

The 2018 Dodge Challenger SRT Demon came off the lines and roared onto the scene powered by an 840 horsepower, supercharged 6.2-liter Hemi Demon V8. Paired to the very good eight-speed automatic gearbox, the engine gets 808 horses base and 840 and 770 lb.-ft. of torque on high-octane gas.

One key to the Challenger SRT Demon’s output is feeding the beast a lot of air. The SRT Demon’s Air-Grabber hood includes the largest functional hood scoop (45.2 square inches) of any production car. And in the front, the Demon uses halo lights that include surround intakes to let the engine breathe.

Specialized equipment on the Demon includes additional cooling systems, a transbrake, launch control, adaptive suspension with a drag mode, 18-inch wheels, four-piston lightweight brakes, an active exhaust system, and more.

For $1, drivers can include the Demon Crate; a very cool collection of performance parts, tools, and other components to boost performance.

With such an incredible powerplant, the rear-wheel-drive Demon was making and breaking records–and possibly a few laws of physics. 2018’s Challenger SRT Demon was named the world’s most powerful factory-production V8.

Certified by the National Hot Rod Association (NHRA), the Demon could run the quarter-mile in 9.65 seconds at 140 mph, which also made the Demon the fastest quarter-mile car in the world. It also meant that the Demon was so impossibly fast, that the NHRA subsequently banned them for being too powerful. Blazing from 0-30 mph in one second, and sprinting 0-60 mph in 2.3 seconds; it was a machine.

This is a driver’s car. With muscle style and adrenaline-inducing speed, it has the added value of comfort. It can seat four and is roomy inside. Dodge cut back on some interior amenities to keep the car lighter, but it doesn’t feel shortchanged.

There is ample cargo space, top-notch audio, infotainment screen that can also record track time, comfy seats, and more. However, the Demon did not come stock with passenger and back seating–but could be added on for–you guessed it–$1.

Another cool feature on the Challenger SRT Demon is that it was the world’s first production car to lift the front wheels at launch, setting the World Record for longest wheelie from a standing start by a production car at 2.92 feet, certified by Guinness World Records. And if that wasn’t enough, the Challenger SRT Demon also registers the highest g-force (1.8 g) ever recorded at launch in a production car.

2018 Dodge Challenger SRT Demon - Photo by Dodge

Safety Ratings

Safety features include Blind-Spot Monitoring, Forward Collision Warning, and Rear Cross-Traffic Alert. The NHTSA gave the 2018 Dodge Challenger Demon an overall rating of five out of five stars. And the Insurance Institute of Highway Safety (IIHS) crash testing to determine the car’s safety is “Good.”

2018 Dodge Challenger SRT Demon - Photo by Dodge

Is the Dodge Challenger SRT Demon Expensive?

It is, but it is an investment. Dodge only produced the Challenger SRT Demon for one year, and a total of 3,300 vehicles. It is absolutely possible to find one, but it may require patience and research. Having gone up considerably in value, it is following the hot muscle car market. The good news is that the Demon will only increase in value due to its rare pedigree and provenance.

Like any luxury car, sports car, or high-performance car, it will need to be well maintained to retain as much value. Well taken care of, the in-demand Demon will sell considerably above the $84,995 MSRP it was offered for in 2018.

Cost-wise, Hagerty gives the 2018 Demon a valuation of $95,000 for good and going up to $131,000 for Concours. Prices right now are skewing higher, and a clean, low-mileage Dodge Demon was likely to cost an average of $120,000.

2018 Dodge Challenger SRT Demon - Photo by Dodge

What is Better: a 2018 Challenger or a Demon?

In 2018, the Dodge Challenger offered a number of trim options. The SRT Demon is the range-topping Challenger trim. Modified from the base Challenger, it is best suited for those who plan to use it on the track.

Otherwise, all the power and race-specs are unnecessary and will add considerably to the cost. Especially given a base 2018 Challenger can be found in the $27,900 range.

Ultimately it comes down to personal choice. In want of a muscle car, most drivers will find most Challenger trims offer ample kick and stellar performance.

But if a driver is seeking the pinnacle of American muscle, there is nothing better than the Challenger SRT Demon.

2018 Dodge Challenger SRT Demon - Photo by Dodge

Is the Dodge Challenger Demon a Reliable Car?

Yes. Dodge Challenger and Challenger SRT Demons rate very high for reliability. J.D. Power rated the Demon an 83 out of 100. Scoring 81/100 for quality and reliability, 87/100 for driving experience, and 87/100 for resale value. 

2018 Dodge Challenger SRT Demon - Photo by Dodge

Where Can I Find a 2018 Dodge Challenger SRT Demon?

We looked around online and with Dodge and muscle car enthusiast groups. As a result, we were able to find like-new 2018 Demons for $119,000 at a car dealership, $119,000 at a used car dealer, $129,000 at DuPont Registry, and $134,000 on Edmunds.

Do your research, check out all dealers, and be aware that it will take time.

Is the High Cost of a 2018 Dodge Challenger SRT Demon Worth it?

Ultimately, it is hard to find a muscle car with more grunt and glory than the 2018 Dodge Challenger SRT Demon. It is a high-performance car that satisfies on every level. Truly, this is a car that engages the driver in a visceral way that is rare and special.

Yes, it is a higher-maintenance car. And given the competitive market, it is unlikely that any sellers are going to play ball. But is it worth it? It really is. For those who want to drive the car off the track and across the country, this is the perfect Mopar muscle equipped to thrill the right enthusiast.

Photos: Dodge

Frequently Asked Questions

Apr 3, 2022

How much is a 2018 Dodge Demon worth?

When the 2018 Dodge Demon was released it had a starting price of $84,995, but since then the prices have increased. The Demon was a limited-production car and during its short production run, only 3,300 were made. This means that not everyone that wanted to get a Demon was able to buy one, so it led to the prices increasing up on the used market.

When they first came out you could expect to spend about $150,000 for one on the used market. The highest one ever sold for was $198,000 at Barrett-Jackson in Las Vegas in September of 2018. The same exact car sold a year later in October of 2019 for $110,000 showing that the market had cooled after the initial hype that was behind them.

Now in 2021, the Demon is selling regularly around $120,000 to $140,000 depending on the mileage and there are a few that are for sale right now in that price range. The Demon being limited production has driven up its value.

Is the Dodge Demon A Good Investment?

The 2018 Dodge Demon can be a good investment if you can get it at the right price. The market peaked for them back in 2018 when they were relatively new, and since then it has gone down a bit. If you were able to buy a Demon at its MSRP it was a good investment because most sell for $40,000 to $80,000 more than they were when they were new.

I would say that if you can find a Dodge Demon for around $100,000 it is a good investment option. This is a reasonable price to pay for a Demon since it is between the current market price and the original MSRP. I would not recommend spending over $130,000 on a Demon right now though because the market is somewhat inflated in 2021 due to the car shortage.

The Demon may be a good long-term investment though too. If you hold onto your car and keep it in good condition with low miles it could be possible that in the future these are worth much more money, but like all investments, it's a wait-and-see approach to find out.

Which is faster the Hellcat or Demon?

The 2018 Dodge Demon is faster than all of the Hellcat variants that are out on the market in 2021. The Hellcat can do zero to 60 miles per hour in 3.4 seconds, but the Demon can do that same sprint in only 2.3 seconds. The Demon is also faster on a track than the Hellcat. The Hellcat is known to do the quarter-mile in about 10.9 seconds, whereas the Demon can handle it in 9.65 seconds.

The Hellcat may be a better option if you are looking to do more of a road track instead of a dragstrip. The Hellcat has a more balanced suspension so it can handle the turns a bit better than the Demon. Ultimately a lot of the difference comes down to individual drivers as well.

The Demon and Hellcat are both modern fast muscle cars, but the Demon has more power and is just a bit faster than the Hellcat in most situations.

Owner Reviews

accountCircle Marissa H on July 27, 2021
2018 Dodge Challenger SRT 392 fast, responsive, and reliable.
I love this car. It feels very safe and comfortable. The driver's seat adjusts in every way including spine support with the lumbar feature. It has sxm that you can pay for and there are many radio stations to choose from. There is a sports mode that you can change to and the vehicle responds faster and steers heavier and more accurate. You can change to comfort driving as well where the steering wheel turns easier. I love how the front window is wide enough to see everything in front of you. The side mirrors tell you when there is a car next to you. This has saved me many times. Altogether this car is a gas guzzler and expensive, but worth it because how fast and safe it is.
accountCircle Grayson M on July 21, 2021
I love every bit of this 2018 Dodge Challenger SRT Hellcat and I am very glad I bought it.
My vehicle runs and rides smoothly and efficiently. I hardly have any problems with her, she is easy to fix if there's ever a problem. I upgraded some headlights and it was rather easy access and I had no trouble with removing or adding anything within the front engine compartment. The drive is excellent, I wouldn't necessarily drive her cross country due to the seats after a while they get a little uncomfortable. For a daily car its beautiful and great on gas and is just really fun to drive.
accountCircle Julia D on July 28, 2021
2018 Dodge Challenger GT: Best car I have ever owned!
I love my car, it is the best car I have ever had. It is only a lease but I would recommend buying the car to anyone looking for an affordable sports car. The sound system is amazing and has great technology. I love the backup camera which really helps me park. I also love the apple car play that allows me to legally and safely text and drive and also change my songs while connected to it. I also love the amount of USB ports in the car so I can always have my devices charging.
accountCircle Brandy B on July 20, 2021
The 2018 Dodge Challenger R/T Scat Pack is a reliable vehicle with features like Apple carplay.
This car is amazing because it has high quality features. The speed alone makes this vehicle special with good handling in the steering as well. The size works perfectly for our family. The trunk space will hold all of our baby gear as well as travel and vacation materials. We love the sleek show stopping body frame because it always catches people attention. The ride is smooth and interior is comfortable even on long trips.
accountCircle Ashley G on July 30, 2021
2018 Dodge Challenger SRT Hellcat Widebody is a vehicle that was meant to drive.
My dodge challenger is an amazing piece of machinery. The motor is always purring at you so never expect to sneak out of the house without detection. The brakes stop on a dime but you also have the downfall of having to put performance parts on your vehicle. The bucket seats cup and cushion you like a glove when you get inside a vehicle that was meant to drive.
accountCircle Nicole C on July 20, 2021
The 2018 Dodge Challenger R/T Scat Pack has launch control which is amazing especially if your a racer.
Sometimes the screen freezes and you have to reset the fuse. It is very comfortable with a moveable driver seat forward back up and down. It has good tires that help traction during turning. It also has a sunroof which in my view is amazing. It has sports mode that you can turn on and off so it is safe to drive like a normal car or have fun and go fast.
accountCircle Glenn A on July 21, 2021
2018 Dodge Challenger SRT Hellcat Widebody performance.
It's a great car but I only get 12 miles to the gallon, but I knew that going into the purchase. The performance is great and the wide body gives me a sense of stability. The features with heated and cooled seats are nice. The only issue is I have to go back to a dodge dealer for service, which is very expensive even for an oil change.
accountCircle Dana K on August 6, 2021
2018 Dodge Challenger R/T Scat Pack is a very beautiful car and has all the right features.
I love my vehicle because it has a remote start where it automatically not only start your vehicle but it senses how cold or hot it is in the morning and adjust the temperature on the inside. It has a heated seats, steering wheel and mirrors. And it has powered seats to where I can move it forwards and back, but also up and down.
accountCircle Paul S on July 30, 2021
2018 Dodge Challenger 392 Hemi Scat Pack Shaker fast muscle car.
Everything about the car is great. The car is great for large people as the inside is spacious and lets you breathe. I am completely happy with this purchase and will buy another one in the future. The car is great for long road trips as we took a road trip from Florida to Indiana and was comfortable the entire time.
accountCircle Zaid H on July 28, 2021
2018 Dodge Challenger GT- it's a very nice a classy car.
My vehicle is great, it's AWD (All Wheel Drive) which helps me in the winter when I drive it sometimes. I like the options included such as the sport mode and super track mode. Also the interior design is excellent and gives the car a classy look. I recommend it for people that like to have a fast daily car.
accountCircle Dee S on July 22, 2021
2018 Dodge Challenger 392 Hemi Scat Pack Shaker sensor issue.
The only problem that I have experienced since owning the car are sensor based. There are time when my sensor reading for my gas cap shows not on. There are sensors that show a door open when it is not or has been closed completely. Besides that I have not had any true problems with my vehicle purchase.
accountCircle Kim O on July 24, 2021
2018 Dodge Challenger GT is a fun car to drive, many safety features, comfortable ride, large trunk area.
Great performance. Many safety features. Fun to drive. Large trunk area. Gt model is good in the snow. I initially had a problem with the radio and navigation system but it was replaced and I have had no further issues. Love the backup camera. Has a sport button for extra power, which I do not use.
accountCircle Jake R on August 2, 2021
I love this 2018 Dodge Challenger SRT Hellcat, not for beginners.
It is very reliable besides in the snow, but that is my fault as it is not meant to be driven in the snow, the performance is amazing the throttle always feels snappy, this is no car for a beginner though as it is wicked fast, not to be messed with, mine can do 219 on my usual highway route.
accountCircle Ash C on July 28, 2021
The great travel 2018 Dodge Challenger SRT 392.
There are no problems with the vehicle it has amazing power and a great get up and go. It has heated and cooled seats which make it great for all weather. The seats could be a tad more comfortable but we have driven it all over and it's great! Would gladly purchase this vehicle again.
accountCircle Owen C on August 6, 2021
2018 Dodge Challenger SRT Hellcat is a fast car with a special look to it.
Its fast, fun reliable, and honestly the only problem I have with it is the gas mileage. Other than that, best car I've owned. The inside is comfortable and suiting. It still has that new car smell after 6 months. But what matters most is how fast it goes for me. I love fast cars.
accountCircle Craig J on July 27, 2021
2018 Dodge Challenger GT is a perfect blend of ride, looks, and functionality.
The challenger gt is a great head turner and provides great performance even in inclement weather as it is AWD. It will go anywhere you point it and provides quick pick up a comfortable seat situation and an all around fun car to drive. I can also carry 8' long lumber inside.
accountCircle Heather B on July 30, 2021
2018 Dodge Challenger R/T Scat Pack is fast and loads of fun to drive!
I love my 2018 dodge challenger scat pack. It is fast, responsive, and a lot of fun to drive. I do wish it had better storage. Something could have been put on the dash to store change or a cell phone. Otherwise, everything is great. The stereo system is great as well.
accountCircle Charles P on July 26, 2021
2018 Dodge Challenger GT is very cool.
Handles like a dream, great car for driving on icy roads and looking cool while you do it. Not quite as fast as other muscle cars but still going to be much faster than your average sedan. It's the kind of car that you want to drive around just for the sake of driving.
accountCircle Bianca J on July 31, 2021
Amazing 2018 Dodge Challenger SRT 392 that has everything I need.
It is comfortable, drives smooth, very reliable, never had any issues. Services are affordable. Interior is nice because it is leather, easy to care for. The car is affordable, love my touch screen, built in GPS makes it easy to get around places I need to be at.
accountCircle Glenn S on August 4, 2021
2018 Dodge Challenger GT: Fast, reliable and safe, best car ever.
I have had no problems, the ride is comfortable the engine sounds nice and paint job and body is perfect I have never been happier with a vehicle. I most appreciate the retro ride matched with modern technology. I get excellent fuel economy, even at high speed.
accountCircle Haze D on July 23, 2021
2018 Dodge Challenger SRT Demon: Accessories are amazing and the car looks great. Handles well and ride smooth.
I love this car. It is awesome and very easily maintain. I would recommend this car to anybody, I have wanted one since I was a kid. The handling is good. The safety features are great, there’s a lot of technology. It is a fast car and very easily maintain.
accountCircle Kandace M on July 25, 2021
2018 Dodge Challenger SRT Hellcat runs like a charm. The wheels will burn rubber.
I have no problem with my car as in the way it looks drives or mechanical issues! I would tell anyone to buy this car if they are looking for a sports car that runs fast, looks good, drives smooth and above all I have had a great experience in buying it.
accountCircle Sara M on August 1, 2021
Cannot go wrong with a 2018 Dodge Challenger T/A.
Great performance not only speed wise but also on oil and very good on gas. It is a very comfortable car. Never had a problem with it and I am on the road quite often. I can say that the dodge is a very reliable car. Also a lot of features for the price.
accountCircle Dave M on July 27, 2021
I love my 2018 Dodge Challenger SRT Demon so much.
I love my dodge demon because I have always been a fan of dodge and now that I own one it is amazing and I also love how fast it is. I love to take my friends to the track and drag race. I love the way the seats feel. And I love the digital speedometer.
accountCircle TPL on September 7, 2021
Love my Demon
Had to sell two of my classics to get my Demon, a 56 Continental Mark II and a 70 XKE V12, but it was worth it. Only drive her locally and to a few car shows, has about 1700 miles now, but love this car am. Ita keeper
avatar Sherry Bryan
Sherry Bryan is a freelance writer and editor from New York. For the last five years, she has covered all manner of the automotive industry as a writer and editor for a number of lifestyle, enthusiast, and culture publications. Her specialties are industry trends, history, design, automotive oddities, drag racing, interviews, and features. Bryan's work has been featured on Ford Truck Enthusiasts, Team Speed, and other popular automotive websites.
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