Hurst Viper sells for...

Coloviper

Enthusiast
Joined
Dec 5, 2006
Posts
1,883
Reaction score
0
Location
Colorado
Great to see a GEN III/IV+ Viper getting publicity like this. In 25 years, the purchaser could be laughing at all of us for what the car will be worth.

Personally I think they should all be going for prices like that. I have absolutley no respect for guys on this site that want to say overpaid this and overpaid that, that just want to devalue the cars to bare minimum by quoting cheap ebay prices, and BS market costs for beat to hell, wreaked and repaired junk Vipers. These cars are special and will be in the future.

I say good for the person who bought the Hurst Viper. Paint and wheels looked much better under the big lights than in the tent. The S7 did go for cheap and I would like to shake the hand of the guy who bought the authentic 70' GTO Judge Ram Air III Coupe on Thursday night for $40K (all fees in). He stole that car wiht his bid of $36.5K.

All in all on average, prices were down 33% across the board. Despite the Speed coverage, I see some very tough times ahead for B-J. If I was the owner of a Shelby, absolutley as costs were way, way down on the Shelby's.
 

sun diego

Enthusiast
Joined
Feb 6, 2003
Posts
765
Reaction score
0
A 2003 Saleen S7 with a factory upgraded engine was the steal of BJ Las Vegas auction at $260,000.
 

fireball

Enthusiast
Joined
Jul 5, 2007
Posts
876
Reaction score
0
All the tax dedution does is allow a person to donate more than they otherwise could or would.
 
Last edited:

past ohio

Enthusiast
Joined
Oct 16, 2000
Posts
562
Reaction score
0
Location
Ohio VCA
Some what IF the person bidding, is running it through their company, and the company is picking up the tab for the charity BUT the real person gets to feel the applause for buying and usually gets some camera time....
 

Bobpantax

Enthusiast
Joined
Oct 2, 2000
Posts
6,957
Reaction score
3
Location
Miami
Guys. One more time. It is irrelevant who ends up with the money. The best evidence of value is the price paid at the auction. It was number one of a limited series of fifty cars. The car, from the point of view of the IRS, is worth the price paid at the auction unless competent evidence can be produced that it had less value, as of the time of the purchase. Since this was number one of a run of fifty cars and there are no comparables - since it is NUMBER ONE - producing said competent evidence is going to be a problem. However, if the winning bidder immediately turns around and sells it in an arms length transaction to an independent third party with equivalent advertising for less, then there would be a decent argument that the difference between the auction price and the subsequent sale price was a charitable deduction. The longer the buyer waits to do so, the less effective the strategy would be. An example of an item where there might be a different treatment is the case where there is an established retail cost for an item which is not in short supply and that item is auctioned off for charity. In that case, it would be a good argument that the item's value remains its established retail value. Here, no such argument applies. The car isn't just worth the value of its component parts because it is number one of fifty and certainly collectable.

Pursuant to Circular 230, no one may rely on the above to avoid any penalty.
 

DodgeViper01

Enthusiast
Joined
Jan 7, 2003
Posts
10,762
Reaction score
1
Location
Central New Jersey
Well charity components always help and a one of one color can't hurt either. It is like we say in real estate, all you need is that one buyer.
 

lagalaxy13

Viper Owner
Joined
May 10, 2007
Posts
784
Reaction score
0
Location
Zanesfield, Ohio
I was watching live too, and can't beleve what is sold for, but charity cars always seem to go for much more. No one wants to be the cheap bastard for kids.
 

Bill Pemberton Woodhouse

VCA Member
Supporting Vendor
Joined
Jul 25, 2000
Posts
5,212
Reaction score
6
Location
Blair,Nebraska,USA
Quotes: Doc Watson ( George Hurst's right hand man and member of the Drag Racing Hall of Fame )
" This is quite possibly the most collectible " Hurst" car ever built."

Media Supervisor at Barrett-Jackson -----
"There is no doubt we are getting more comments on the unique color of the Hurst/Woodhouse Viper than anything else."

The Hurst/Woodhouse Viper was a culmination of ideas done over a lunch, soon after the two companies had agreed upon some marketing parameters for the Hurst Challengers ( specifically the Supercharged models and the Series 1 editions ). With management agreeing earlier to do a " Woodhouse Edition," the topic evolved into why not do a Woodhouse/Hurst model of the Viper.
From there it morphed into a venture involving many companies we both do business with ( though not all ), like Moton, Eibach, Corsa, Katzkin, Michelin, and Aria. Hurst took the lead after Woodhouse completed the Moton/Eibach/Corsa set-up and starting working their magic. The unique wheels, the stripe ( which is reminiscent of the old stripes they did in the 60s ), the " Hard Drive" Hurst shift kit and special pistol grip shift knob, the emblems , the detailing , the paint,etc. made this one very special car.

The fact that this single car is bringing back a legendary name at it's 50th Anniversary , should make any Viper owner proud --- there were plenty of marques to chose from. There will be only one Coupe, and later one Convertible, done in this color.From then on the colors will be black, white, etc. with the Hurst Gold trim and stripes. The color may be controversial to some, but the results tell the tale, even as we had the gorgeous Saleen S7 right across the aisle. It seemed amazing that at any one time there were likely to be 3-4 times more folks miling around the Viper than even around the Saleen. Folks were mesmerized by the paint scheme and more than a couple asked what kind of metal the car was made of --- but that is a different story.

Woodhouse and Hurst are not making any profit on the car, as we wanted a substantial amount to go to the Victory Junction Camp.....especially since alot of the proceeds will go towards the new Camp in Kansas City ( near the Kansas Speedway ). This is in our back yard, and what a great event it would be to have the KC VCA and other nearby Viper Clubs at the grand opening ceremonies. There is likely to be another Viper Event scheduled for the Randleman Camp in North Carolina, as the new owner has been invited to come to the Camp as Kyle and Patty Petty's guest.

The overall situation is good for us all, as we should be proud that the car we all love so much is still an icon that is sought after, and one that will help re-introduce one of the most influential performance companies of the 60s. The Hurst shifter has never died, but the fact that the Hurst total pkg for performance is back , is something many are truly excited about.

With red mica in the paint , and a matte finish to the clear, in the sun the red shadows hightlight the annodized gold look and folks come out of the woodwork.

More later , but my caution is to reserve your opinion on the car till you see it in the flesh ------ you may be like many others and go totally crazy over the unique machine.

Respectfully,
Bill Pemberton
Viper and SRT Mgr
Woodhouse
 

slaughterj

Enthusiast
Joined
Mar 6, 2001
Posts
5,266
Reaction score
0
Guys. One more time. It is irrelevant who ends up with the money. The best evidence of value is the price paid at the auction. It was number one of a limited series of fifty cars. The car, from the point of view of the IRS, is worth the price paid at the auction unless competent evidence can be produced that it had less value, as of the time of the purchase. Since this was number one of a run of fifty cars and there are no comparables - since it is NUMBER ONE - producing said competent evidence is going to be a problem. However, if the winning bidder immediately turns around and sells it in an arms length transaction to an independent third party with equivalent advertising for less, then there would be a decent argument that the difference between the auction price and the subsequent sale price was a charitable deduction. The longer the buyer waits to do so, the less effective the strategy would be. An example of an item where there might be a different treatment is the case where there is an established retail cost for an item which is not in short supply and that item is auctioned off for charity. In that case, it would be a good argument that the item's value remains its established retail value. Here, no such argument applies. The car isn't just worth the value of its component parts because it is number one of fifty and certainly collectable.

Pursuant to Circular 230, no one may rely on the above to avoid any penalty.

That's all well and good, but you are overlooking some evidence, namely, past history of limited productions of Vipers, including 1-of-1 (or 1-of-2) Vipers, such as the Spiderman Viper(s) (2), various VCA special editions, etc. etc., and for many of which, there is public information as to their subsequent sales which can enable comparisons. It may be an uphill battle, but it would not seem unsurmountable.
 

fireball

Enthusiast
Joined
Jul 5, 2007
Posts
876
Reaction score
0
Quotes: Doc Watson ( George Hurst's right hand man and member of the Drag Racing Hall of Fame )
" This is quite possibly the most collectible " Hurst" car ever built."

Media Supervisor at Barrett-Jackson -----
"There is no doubt we are getting more comments on the unique color of the Hurst/Woodhouse Viper than anything else."

The Hurst/Woodhouse Viper was a culmination of ideas done over a lunch, soon after the two companies had agreed upon some marketing parameters for the Hurst Challengers ( specifically the Supercharged models and the Series 1 editions ). With management agreeing earlier to do a " Woodhouse Edition," the topic evolved into why not do a Woodhouse/Hurst model of the Viper.
From there it morphed into a venture involving many companies we both do business with ( though not all ), like Moton, Eibach, Corsa, Katzkin, Michelin, and Aria. Hurst took the lead after Woodhouse completed the Moton/Eibach/Corsa set-up and starting working their magic. The unique wheels, the stripe ( which is reminiscent of the old stripes they did in the 60s ), the " Hard Drive" Hurst shift kit and special pistol grip shift knob, the emblems , the detailing , the paint,etc. made this one very special car.

The fact that this single car is bringing back a legendary name at it's 50th Anniversary , should make any Viper owner proud --- there were plenty of marques to chose from. There will be only one Coupe, and later one Convertible, done in this color.From then on the colors will be black, white, etc. with the Hurst Gold trim and stripes. The color may be controversial to some, but the results tell the tale, even as we had the gorgeous Saleen S7 right across the aisle. It seemed amazing that at any one time there were likely to be 3-4 times more folks miling around the Viper than even around the Saleen. Folks were mesmerized by the paint scheme and more than a couple asked what kind of metal the car was made of --- but that is a different story.

Woodhouse and Hurst are not making any profit on the car, as we wanted a substantial amount to go to the Victory Junction Camp.....especially since alot of the proceeds will go towards the new Camp in Kansas City ( near the Kansas Speedway ). This is in our back yard, and what a great event it would be to have the KC VCA and other nearby Viper Clubs at the grand opening ceremonies. There is likely to be another Viper Event scheduled for the Randleman Camp in North Carolina, as the new owner has been invited to come to the Camp as Kyle and Patty Petty's guest.

The overall situation is good for us all, as we should be proud that the car we all love so much is still an icon that is sought after, and one that will help re-introduce one of the most influential performance companies of the 60s. The Hurst shifter has never died, but the fact that the Hurst total pkg for performance is back , is something many are truly excited about.

With red mica in the paint , and a matte finish to the clear, in the sun the red shadows hightlight the annodized gold look and folks come out of the woodwork.

More later , but my caution is to reserve your opinion on the car till you see it in the flesh ------ you may be like many others and go totally crazy over the unique machine.

Respectfully,
Bill Pemberton
Viper and SRT Mgr
Woodhouse


Bill,
You did good! Very, very good.

Thanks for contributing not only to the Viper Nation but the charity too.

Great job!

Greg
 

Bill Pemberton Woodhouse

VCA Member
Supporting Vendor
Joined
Jul 25, 2000
Posts
5,212
Reaction score
6
Location
Blair,Nebraska,USA
Thanks as the guys at Hurst are great to work with , and talk about down to Earth , died in the wool car guys ------ I am going to work on them to come to some Viper functions as they are all super stoked on MoPar stuff.
 

Marv S

Former VCA National President
VCA Officer
Joined
May 25, 1998
Posts
3,150
Reaction score
0
Location
Scottsdale, AZ
Bill - let me know when the next lunch is. :)

Congrats on the outcome for such a great cause. Keep havin fun.

The Hurst/Woodhouse Viper was a culmination of ideas done over a lunch, soon after the two companies had agreed upon some marketing parameters for the Hurst Challengers ( specifically the Supercharged models and the Series 1 editions ). With management agreeing earlier to do a " Woodhouse Edition," the topic evolved into why not do a Woodhouse/Hurst model of the Viper.

Respectfully,
Bill Pemberton
Viper and SRT Mgr
Woodhouse
 

kllymartin

Viper Owner
Joined
May 28, 2006
Posts
272
Reaction score
0
Location
Big D
Since when are S7's million dollar cars? :confused: 001 or not, they are way overrated. The TT's will barely touch 200mph.:rolaugh:
 

SSGViper

Enthusiast
Joined
Jun 24, 2008
Posts
203
Reaction score
0
Location
Golden, CO
Great work on that car, can you tell us more about the wheels? Who makes them and are they available to buy somewhere?
 
Top