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Chrysler - 300M (2002)
Looking for a solid Chrysler 300M price guide, especially for a 2002 model, can feel like navigating a maze of numbers. Whether you’re hunting for a used Chrysler 300M price, trying to understand the long‑term value, or curious about the “what is a 2002 Chrysler 300M worth” questions that many buyers ask, the market’s reality is that prices vary widely by condition, mileage, and regional demand. Below is a comprehensive snapshot of the 2002 Chrysler 300M that will help you gauge its worth and make an informed decision.
- Engine: 3.5‑liter V6 with 305 hp and 303 Nm (224 lb‑ft) of torque, delivering a balanced blend of performance and daily drivability.
- Transmission: 4‑speed automatic, paired with an optional 5‑speed manual in rare early‑production models.
- Fuel Type: Premium unleaded gasoline.
- Drivetrain: Front‑wheel drive (FWD), standard on all trims.
- Curb Weight: Approximately 3,500 lb (1,587 kg) depending on trim.
- Dimensions: Length: 193.8 in (4,913 mm); Width: 75.9 in (1,931 mm); Wheelbase: 112.9 in (2,869 mm).
- Fuel Economy: City 15 mpg (15.6 km/l), Highway 23 mpg (20.0 km/l), Combined 18 mpg (17.2 km/l).
- Interior: Leather‑trim option, Nappa leather available on higher trims, supportive seats with integrated temperature control.
- Exterior: 18‑inch alloy wheels, chrome accents, and a sleek, most‑noted “Sandstone” paint color option.
- Safety: Dual front airbags, ABS, stability control, front‑side seat belts with pretensioners.
**Depreciation Insight**
Understanding Chrysler 300M depreciation is crucial for anyone considering buying or selling a 2002 vehicle. Over the life of a luxury sedan, all models tend to lose value, but the 300M’s depreciation curve follows a particular trend:
- First year: Typically loses 15‑20% of its value within the first 12 months, especially if the vehicle is new or has been well maintained. For a used car, this figure is often slightly lower, around 12‑15%.
- Years 2‑5: After the steep initial drop, depreciation slows to roughly 10‑12% per year. A well‑tuned 2002 300M can maintain a more stable resale value if it has low mileage and a clean service history.
- Beyond 5 years: Value decline averages about 6‑8% annually. At this stage, maintenance costs become paramount; the vehicle’s worth is tied strongly to ongoing reliability.
When you ask “what is a 2002 Chrysler 300M worth” today, the answer hinges on a few variables:
- Condition: A pristine, low‑mileage example with complete service records can fetch anywhere from 20% to 35% above the lower market tier.
- Mileage: The average owner drives about 12,000‑15,000 miles annually. A 2002 model with under 70,000 miles will fare better than one surpassing 200,000 miles.
- Trim level: The base S‑Series may sit in a more affordable segment, while the higher‑spec L‑Series can command premium pricing.
- Regional demand: Southern U.S. markets often favor larger sedans, sometimes pushing prices slightly higher; coastal regions may lean toward sportier or more compact offerings, affecting supply.
**Comparative Context**
Compared to its contemporaries, the Chrysler 300M occupies
Last 20 car trackeds
| Last tracked date | Status | Price | Price rank | Link |
|---|---|---|---|---|
| 4 years ago | used | US$4,495.00 | Unlock all links | |
| 4 years ago | used | US$4,495.00 | Unlock all links |