Future most collectable cars article on yahoo
- Thread starter 01GTS
- Start date
CNBC List VIper as One of Top 5 Collectables
Just came across this article from CNBC about most collectable cars. Opened it up and Viper
was listed first of the top five most collectable cars of the future. Here is the little blurb:
Dodge Viper
Production: 1992 - 2010
Transmission: 6-speed Manual
Horsepower: 600 bhp @ 6,000 rpm
Top Speed: 202 mph
Purchase Price: $90,000 - $100,000
Today’s Value Range: $35,000 - $100,000
"During his stint at Chrysler, 'Maximum' Bob Lutz decreed that Dodge needed an AC Cobra for the new millennium," Hagerty says. "And while the V-10 engine sounded a bit rough at idle, nobody seemed to much care. The American car scene is far richer for having the Viper."
If interested, here is the link to the article:
The Future's Most Collectible Cars- Yahoo! Autos Article Page
Just came across this article from CNBC about most collectable cars. Opened it up and Viper
was listed first of the top five most collectable cars of the future. Here is the little blurb:Dodge Viper
Production: 1992 - 2010
Transmission: 6-speed Manual
Horsepower: 600 bhp @ 6,000 rpm
Top Speed: 202 mph
Purchase Price: $90,000 - $100,000
Today’s Value Range: $35,000 - $100,000
"During his stint at Chrysler, 'Maximum' Bob Lutz decreed that Dodge needed an AC Cobra for the new millennium," Hagerty says. "And while the V-10 engine sounded a bit rough at idle, nobody seemed to much care. The American car scene is far richer for having the Viper."
If interested, here is the link to the article:
The Future's Most Collectible Cars- Yahoo! Autos Article Page
VJR3
Viper Owner
Sweet 96/97 B/W GTS's got to be near the top of that list 
Still going to drive mine though
Still going to drive mine though
georgethedog
Enthusiast
Let's do a little recent history... The muscle cars of the 60's shot up to crazy collectible prices in the late 90's and early 00's (30-40 years). Why? Simple, the people who grew up loving those cars grew older, got careers, gained some wealth in a great ecomony, and went shopping. We are talking about the baby-boomers and there are quite a few of them!
Now, as far as the Viper goes... the people who grew up with the Viper are now in their teens and twenties and there are not as many of them. They will be the ones that will be buying Vipers in 20 years if (big if) they can create similar wealth. The buyers that drive up the demand and prices will come from that generation, and in order for that to happen they must be able to create similar wealth that many of the baby-boomers did, otherwise it just won't happen--at least to the extent it did with the muscle cars. The one big thing the Viper does have going for it is those people did not have that many other great cars during their formative years to look up to and dream about. So, I would say about 20 more years if wealth is high for the people currently just entering the working world (give or take a few years). It won't be us... we will be the ones selling...
vipzilla
Viper Owner
vancouver-gts
Viper Owner
I remember the exact time [ the 96 B/W GTS debut ] when the Mercedes Gullwing's price plumetted to around 300K from its previous glory of reaching million dollars at auctions.I don't think their value is back up to a mil yet ,but doubt it.Some specialty cars still holding their values regardless of economy . I'd never buy a car for investment purposes . One of my collector car I restored was a 64 Lincoln that I practically gave away to a friend rather than let someone else steal it .They were going for a lowly $4-5000 for standard models , 25K for verts. It was only worth a fraction of the convertible model [ the price difference in option when new was only $300 ] No one knows if only the ACR , GTS-R models will be collectible 
.They were going for a lowly $4-5000 for standard models , 25K for verts. It was only worth a fraction of the convertible model [ the price difference in option when new was only $300 ] No one knows if only the ACR , GTS-R models will be collectible
You must be registered for see images
You must be registered for see images
FLX109
Enthusiast
Re: most collectible cars soon to be
Yup sure did, but I will be underground by then and hopefully peacefully.
So looks like my 2 sons will get it and who knows in this age there wives might take it from them.
Yup sure did, but I will be underground by then and hopefully peacefully.
So looks like my 2 sons will get it and who knows in this age there wives might take it from them.
georgethedog
Enthusiast
My previous explanation was too long. Try this:
When DEMAND exceeds SUPPLY.
Right now it is the other way around.
When DEMAND exceeds SUPPLY.
Right now it is the other way around.
RapidTransit
Enthusiast
The article actually lists it as the #10 most likely....still not bad.
CitySnake
Enthusiast
Think I learned to drive in one of those (among other cars). My grandfather had one. Rear doors open suicide and the speedometer has sort of a peppermint stick twist indicator?
Gorgeous!
I hate to be a party pooper but I just don't see the Viper being ultra collectable in 20 years from now. It might hold its value or increase in dollars on par with inflation but I'm not expecting mine to be worth a fortune. There is just too many Vipers out there. Yeah, per year was only about 1500 units, but they have been in production since 1992. Now, I'm not trying to stir the *** but to be honest I don't think the fact that Viper is continuing production for 2013 helps. The fact that older muscle cars in great condition are selling for huge numbers is because back then nobody had any idea that these cars were going to be valued so highly and therefore most were scrapped. Most guys back then didn't have climate controlled garages and most only had one car to drive and that muscle car WAS the daily driver and sat outside day and night, winter, sun and rain. So the remaining salvagable survivors were worth money. Not to mention the baby boomers who have paid large dollars for these cars were blessed with a double dose of Benjamin windfalls. #1 is their very comfortable pensions that I believe will be a thing of the past - its just not sustainable to pay somebody just as much or more in their retirement years between ages 55 to 90 then they made during their working years. #2 is the large inheritances that the boomers are receiving because their parents squirreled away every penny and didn't spend it on anything for themselves. Todays generation is frivously spending their money on disposable items from China and Walmart and will be lucky to retire with no debts. And depending on how soon we run out of oil.... you got to understand that rising nations like India and China are consuming more oil than we thought would ever be possible. Our 50 year reserves might not last 20, and given that, gasoline combustion cars might only be worth their weight in scrap at the wrecking yard.
Regards;
THE DEVILS ADVOCATE
Regards;
THE DEVILS ADVOCATE
Beat The Rush......beat the speculation games: you can buy my fully documented 1996 GTS, "First Retail Unit Delivered" for $200,000 NOW....and DRIVE it for 25 years! If you wait to pay $200k, you missid out on a quarter century of driving!
Priceless doo-dad collection included.
Priceless doo-dad collection included.
Last edited:
Mutts02GTS
Enthusiast
Jon, will you take a check? I can't be out of money... I still have checks!!
johniew398
Enthusiast
I own the top two but don't think I will live long enough to see these being collectibles.
[media]http://gallery.viperclub.org/uploads/30046/Untitled6.jpg[/media]
[media]http://gallery.viperclub.org/uploads/30046/Untitled6.jpg[/media]
v10enomous
Enthusiast
Vipers are all collectible right off of the showroom floor...
unique
limited
desirable
novel
infamous
legendary
outrageous
racing prominence
first American exotic
etc...
unique
limited
desirable
novel
infamous
legendary
outrageous
racing prominence
first American exotic
etc...
vancouver-gts
Viper Owner
Mine was owned originally by Mrs Studebaker
,yet it didn't help value wise
Here's a shot of the interior with 6 way bucket seats with console , and the best looking dash/bezel of all Lincolns.I lkow this car in and out and the 64 was the best built. The Mark II from the late 50's was the most elegant and sporty.
You must be registered for see images
I towed my 1976 Spectra for 18 yrs behing the Linc.
You must be registered for see images
You must be registered for see images
RapidTransit
Enthusiast
FastZilla
Enthusiast
I have all of the Mc Donald's Happy Meal transformers from the `80's NIB.... Wanna trade?
Also have vintage G.I. Joe, Star Wars, Transformers, Pound Puppies w/kennel, etc.
Got my ***** chewed on a similar thread elsewhere for following statement: few things will determine future values - Rarity & Demand being 2 major. If they keep cranking out the same Viper year after year the will be less rare - good they haven't. So the special editions will be the more desired (GTSR, ACR Gen2&4, Limited Editions followed by rare colors). But that's just a guess - they need to stop making Vipers the really help the cause. We're almost going the way of the Vette where if you can't get the latest one, don't worry, in a few years there will be an even better one and the older ones will be even cheaper. But I think the Gen1's have hit rock bottom, only a thought.
Also have vintage G.I. Joe, Star Wars, Transformers, Pound Puppies w/kennel, etc.
Got my ***** chewed on a similar thread elsewhere for following statement: few things will determine future values - Rarity & Demand being 2 major. If they keep cranking out the same Viper year after year the will be less rare - good they haven't. So the special editions will be the more desired (GTSR, ACR Gen2&4, Limited Editions followed by rare colors). But that's just a guess - they need to stop making Vipers the really help the cause. We're almost going the way of the Vette where if you can't get the latest one, don't worry, in a few years there will be an even better one and the older ones will be even cheaper. But I think the Gen1's have hit rock bottom, only a thought.
Attachments
Last edited:
treed
Enthusiast
I remember the exact time [ the 96 B/W GTS debut ] when the Mercedes Gullwing's price plumetted to around 300K from its previous glory of reaching million dollars at auctions.I don't think their value is back up to a mil yet ,but doubt it.Some specialty cars still holding their values regardless of economy . I'd never buy a car for investment purposes . One of my collector car I restored was a 64 Lincoln that I practically gave away to a friend rather than let someone else steal it
You must be registered for see images
You must be registered for see images
Not to hijack the thread, but I love these cars! We've been looking for a nice one to trick out. They are just wicked looking.
PootyP
Viper Owner
Just my two cents but Im 33 now and I seem to remember that I was going to be rich buying up baseball cards and comic books with all my money, bc my fathers collection was so valuable. Well 20 years later Im left with a box of cardboard cutouts with pictures on them and some paper. As long as they keep making vipers, the older, even rarer ones will continue to go down in value. Shoot even if they stop production I still dont think the viper is any more of an investment to make money on. Drive the sheet out of it and have fun with it while you can!!
georgethedog
Enthusiast
I hate to be a party pooper but I just don't see the Viper being ultra collectable in 20 years from now. It might hold its value or increase in dollars on par with inflation but I'm not expecting mine to be worth a fortune. There is just too many Vipers out there. Yeah, per year was only about 1500 units, but they have been in production since 1992. Now, I'm not trying to stir the *** but to be honest I don't think the fact that Viper is continuing production for 2013 helps. The fact that older muscle cars in great condition are selling for huge numbers is because back then nobody had any idea that these cars were going to be valued so highly and therefore most were scrapped. Most guys back then didn't have climate controlled garages and most only had one car to drive and that muscle car WAS the daily driver and sat outside day and night, winter, sun and rain. So the remaining salvagable survivors were worth money. Not to mention the baby boomers who have paid large dollars for these cars were blessed with a double dose of Benjamin windfalls. #1 is their very comfortable pensions that I believe will be a thing of the past - its just not sustainable to pay somebody just as much or more in their retirement years between ages 55 to 90 then they made during their working years. #2 is the large inheritances that the boomers are receiving because their parents squirreled away every penny and didn't spend it on anything for themselves. Todays generation is frivously spending their money on disposable items from China and Walmart and will be lucky to retire with no debts. And depending on how soon we run out of oil.... you got to understand that rising nations like India and China are consuming more oil than we thought would ever be possible. Our 50 year reserves might not last 20, and given that, gasoline combustion cars might only be worth their weight in scrap at the wrecking yard.
Regards;
THE DEVILS ADVOCATE
Exactly! Kind of what I was stating but in a different way. Also, they quit making the muscle cars--the Vipers are going to continue to be made. That will hurt the value of the older ones. I paid just over $40K for my Gen III an if it is worth half that in 15 years I would be happy.
scoobie
Enthusiast
"Also, they quit making the muscle cars--the Vipers are going to continue to be made. That will hurt the value of the older ones."
Maybe, but this makes me wonder what effect the new viper, corvette, camaro, challenger and mustang will have on their older brothers.
Maybe, but this makes me wonder what effect the new viper, corvette, camaro, challenger and mustang will have on their older brothers.
v10enomous
Enthusiast
Watch American Pickers and Pawn Stars and you won't believe what people collect. 79 Trans Ams and 84 Vettes are collectible. The old motorcycles I used to ride have become collectible. Some guy recently sold a 1971 Honda Z50 Mini Trail in the original crate for over $25,000. People will always want Vipers...
American Pickers — History.com TV Episodes, Schedule, & Video
Pawn Stars — History.com TV Episodes, Schedule, & Video
American Pickers — History.com TV Episodes, Schedule, & Video
Pawn Stars — History.com TV Episodes, Schedule, & Video
There's not a true gearhead alive that hasn't always wanted a Viper. The reason they don't own one is because in the past they have been too expensive or too hard to come by. As prices come down they will be affordable to a larger range of people and it won't take long for the market to realize there aren't enough cars to go around. Even though the car has been in production for nearly twenty years, the numbers are miniscule compared to the muscle cars of the 60's. Personally, I think the market is near it's bottom and those who are buying now will look like a genious in three years.
Similar threads
