Other than the Viper, what exotic car holds it's value well?
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HobokenViper
Enthusiast
Ford GT's initially sold for sticker price or above sticker, and they had a hard time moving the Gulf Editions. GT's dropped to as low as $120k a year or two later, and have recently skyrocketed back up to between $180-$220k depending on color combo and mileage. Oh yeah, and that initially slow selling Gulf Edition color combo is now selling for about $300k!!! I see these cars continuing to go up in value and being a tremendous investment car at the moment. Buy one now and in 20 years this thing will be worth millions in my "expert" honest opinion. I'm hoping my wife lets me pick one up in the next few years before they start getting priced too much higher.
canadian venom
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Re: Other than the Viper, what exotic car holds it\'s value well?
beware of Gallardos with E-gear and if you go with Ferrari go with an F430 before a 360, of course you'll pay a little more money but you'll be glad to have done it when it'll be time for maintenance. Any Ferrari before the f430 might be a money pit......and then think that a Ferrari always where more reliable than a lambo.....
beware of Gallardos with E-gear and if you go with Ferrari go with an F430 before a 360, of course you'll pay a little more money but you'll be glad to have done it when it'll be time for maintenance. Any Ferrari before the f430 might be a money pit......and then think that a Ferrari always where more reliable than a lambo.....
VIPER GTSR 91
Enthusiast
Re: Other than the Viper, what exotic car holds it\'s value well?
IMO the Viper does not hold its value well as you say here with the exception of a low mileage GT2 GTSR 1998 model. Most Ferraris on the other hand really go up and of course the 1967 Corvette and original Shelbys (not exotics though).Hi Everyone,
Looking for a little input here from those with experience in the exotic car field.
The Viper holds it's value really well and has probably spoiled me a bit (in more ways than one as everything else seems slow now). The times I've sold one, I've come close to breaking even on it, so that the cost of ownership has been minimal (finance charges if the money was borrowed, insurance, maintenance).
Do any of the more expensive exotics, such as Ferrari, Lamborghini, Aston Martin, etc. hold their value as well? Obviously, I understand you have to buy it right to begin with, but, if you wanted to get one of those cars, which would be the easiest to sell a year or less later and retain its value well?
I'm thinking, before my time is up, I'd like to have one of those cars, even if it was for less than a year. With my credit, I think I could one day afford to short term finance one and may be able to justify the finance charges, as long as I didn't loose a lot of money due to depreciation, or not having a good market to sell it in. I'm thinking maybe a balloon note with monthly interest payments only.
For those that have been fortunate enough to have those cars, or are in that business, what's your opinion. What car would hold it's value the best?
Thanks in advance.
Regards,
Sean
PS, before anyone gets any ideas, the Viper parts business is not "that" good. I just have good credit and am a certifiable car nut
Re: Other than the Viper, what exotic car holds it\'s value well?
You should really attempt to learn something about a car before you spout off what you "heard" as factual.
I hear vipers are only good in a straight line.
You should really attempt to learn something about a car before you spout off what you "heard" as factual.
I hear vipers are only good in a straight line.
canadian venom
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Re: Other than the Viper, what exotic car holds it\'s value well?
Hum, I'm wondering where I stand wrong.... http://www.lamborghini-talk.com/vbforum/f47/e-gear-help-35226/
http://www.lamborghini-talk.com/vbforum/f47/gallardo-spyder-e-gear-new-owner-gear-problem-9320/
http://www.lamborghini-talk.com/vbforum/f47/egear-thunks-during-gear-change-35746/
http://www.lamborghini-talk.com/vbforum/f47/egear-zig-zag-malfuction-light-33290/
And I know that most of the Egear problems were solved after 2009 but the OP seems to be looking early 2000's. I know a lot about ferraris,grew up with them so I might be biased
As for the Vipers that are good only in a straight line, it depends who your hanging with....And for this you might be right as most drivers, even professional ones, might struggle with pushing the snake trough its pace and the number of wrecks speak for itself.... A Viper is not made for everybody and its been like that since day one but this you already knew
Hum, I'm wondering where I stand wrong.... http://www.lamborghini-talk.com/vbforum/f47/e-gear-help-35226/
http://www.lamborghini-talk.com/vbforum/f47/gallardo-spyder-e-gear-new-owner-gear-problem-9320/
http://www.lamborghini-talk.com/vbforum/f47/egear-thunks-during-gear-change-35746/
http://www.lamborghini-talk.com/vbforum/f47/egear-zig-zag-malfuction-light-33290/
And I know that most of the Egear problems were solved after 2009 but the OP seems to be looking early 2000's. I know a lot about ferraris,grew up with them so I might be biased
As for the Vipers that are good only in a straight line, it depends who your hanging with....And for this you might be right as most drivers, even professional ones, might struggle with pushing the snake trough its pace and the number of wrecks speak for itself.... A Viper is not made for everybody and its been like that since day one but this you already knew
agentf1
Enthusiast
Re: Other than the Viper, what exotic car holds it\'s value well?
What he is stating about the G and F cars sounds about right. I tend to disagree with Vipers only being good in straight lines.
Re: Other than the Viper, what exotic car holds it\'s value well?
The straight line comment was my way of repeating an old wives tale about Vipers, that same as he did about E-gear Lamborghini's.
The e-gear software has been improved year to year and any dealer can flash the ECU to update it. Same with the clutches, many improvements over the years and if driven right can last tens of thousands of miles or more. But it's so much easier to just blurt out what you "heard".
The straight line comment was my way of repeating an old wives tale about Vipers, that same as he did about E-gear Lamborghini's.
The e-gear software has been improved year to year and any dealer can flash the ECU to update it. Same with the clutches, many improvements over the years and if driven right can last tens of thousands of miles or more. But it's so much easier to just blurt out what you "heard".
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v10viperbox
Enthusiast
If you could PM that deal I would be interested in the car. That is insanely low for a Diablo with proper records.
vancouver-gts
Viper Owner
Due to its low production numbers, the Noble is a good car to have, lower depreciation than other exotics. My friend has a 2007, [ last year of Noble production ] appareantly the only one in Canada, and a few are in the US. It's a lot cheaper to get one than a Ford GT, easy to work on the 3.0L V-6 Duratec engine compared to Ferrari, Lambo etc.....! The car has phenomenal performance to boot!
Blainne
Viper Owner
The ONLY exotic I know off the bat the holds its Value to the point of GAINING VALUE EVERY YEAR is................................................. Ford GT40. They now cost DOUBLE what they did new.. and price increasing every year.
Also, even though its not really an exotic. The NSX. Pretty much still cost what the did new.
Might be a money pit?
If your Worried about depreciation and money STAY AWAY FROM FERRARI and LAMBOS for the love of God. I did research on what it would cost to maintain one. The price of parts... is MIND BLOWING. If you drive them they break.. alot. Why I like Vipers.. exotic look WITHOUT the exotic maintainence costs.
Also, even though its not really an exotic. The NSX. Pretty much still cost what the did new.
Might be a money pit?
If your Worried about depreciation and money STAY AWAY FROM FERRARI and LAMBOS for the love of God. I did research on what it would cost to maintain one. The price of parts... is MIND BLOWING. If you drive them they break.. alot. Why I like Vipers.. exotic look WITHOUT the exotic maintainence costs.
They still make them ...even better now. Theyre called Rossion.
I am told the newer the Ferrari the more reliable and less cost to maintain. The 360 and 430 have an access port to the front of the engine so that belts are serviced without removing the engine. The 6 speeds are much more reliable and cheaper to fix than the F1 shifters too. The newer Lambos are fairly reliable as the drivetrain is Audi.
Chrissss
Viper Owner
You ask if the Ferrari and Lambo hold their value as well as a Viper? As much as I love my Viper those cars hold their values much better in general. Viper seems to be hanging in there but other than a couple of models, not like Ferrari. People just love those cars. Not only because of the car but because of the history and prestige of the brand. While I dont see it happening it would be nice if the Viper got that kind of worldwide admiration and desire.
vancouver-gts
Viper Owner
The Rossion isn't the same. Lee built the M600 that still has the pedigree of the previous models and the one to own.
vancouver-gts
Viper Owner
My friend owns a beautiful 99 550 Maranello. He was interested in a 458 Italia so he went to the local Ferrari dealer. After some arm wrestling he left in disgust when they only offered 65K for his 550 with only 15K miles on it. Certain models have better value like the 575 Maranello Superamerica!
The Countach and Diablo are getting more interest among collectors now as they really stood out when they came out. Friend has both and has two Vipers as well.
The Brequet analogue clock with Lamborghini engraved in the dial was a $12K option, crazy money back then.
http://www.youtube.com/watch?v=obbuSA97mgw
http://www.youtube.com/watch?v=UUlmmAl6VtE
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AFL in NJ
Enthusiast
I'd say the Ford GT was a good purchase to its value used. I've often scoured the internet for cars people forget about, like the vector W8, Porsche 959, a used Ruf turbo Porsche and such. Some of those mid 80's cars are now at the bottom of their depreciation cycle, so theorectically this is the time to buy them.
Regards,
Aaron
Regards,
Aaron
vancouver-gts
Viper Owner
yes, any of those will hold their value from now on. RUF would be my choice since the 959 isn't street legal. Has Jerry Seinfeld managed to get his licensed?
I know Dean Rosen...I bought an 07 M400 off him. He bought Noble USA or some crap, tweaked the M400 and called it a Rossion, a play on his and his partners names. From Wikipedia....."The Rossion Q1 is a sports car from US car maker 1g Racing/Rossion Automotive. It is based on the Noble M400 and built by Hi-Tech Automotive.[SUP][1][/SUP][SUP][2][/SUP] Founders Ian Grunes and Dean Rosen began development on the Rossion Q1 after acquiring the rights to the Noble M400 in February 2007.[SUP][4][/SUP] Their goal was to design a completely new car fusing the sporty strengths of the M400 with luxurious appointments.[SUP][4]" The 600 you mention is Lee Nobles next gen car from the 400 and has less in common with the M400 than the Rossion. The m600 is crazy fast.[/SUP]
Chrissss
Viper Owner
Definitely the Ford GT has retained its value. Ive looked at them since even a couple of years ago and they are going for about 25% more today than they did then.
BlueLIGHTNING
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Vipers don't hold the value very well, just scanning autotrader you can pick up a '98 GTS with 25,000 miles for asking price of $27,500. Gen 3's in the $40's and have even seen Gen 4 in the $50's with a fair bit of mileage. I think a lot buy them but then realize how crude the car is and move on.
Bugman Jeff
Enthusiast
Lively discussion for a thread from 2005 I didn't see it in the thread, did Roe ever get another exotic? I think that as far as Viper values are concerned, the G1 and G2 cars have depreciated about as much as they're going to. Heck, you can pick up a very nice used G1 for around $25K these days and very nice G2s can be had in the $35K range, about the same money as a new Charger or fully loaded Avenger. They've bordering on 20 years old, close to the point where they start becoming "collectable."
I didn't see it in the thread, did Roe ever get another exotic? I think that as far as Viper values are concerned, the G1 and G2 cars have depreciated about as much as they're going to. Heck, you can pick up a very nice used G1 for around $25K these days and very nice G2s can be had in the $35K range, about the same money as a new Charger or fully loaded Avenger. They've bordering on 20 years old, close to the point where they start becoming "collectable."
Viper prices seem to fluctuate a lot more with the model cycle they have as well, maybe because they only really make one model? Ferrari and Lambo both have multiple models, but you can only really get one Viper, aside from vert/coupe/ACR "options". When the next gen comes out you either find them getting cheaper because people want to sell to upgrade to the newest and flood the market or going up in price because suddenly everyone wants one but can't afford a new one so they start looking at old ones and demand goes up.
terminator02
Viper Owner
One of the problems with Viper values is that people looking to buy one and researching the forums come and read the owners themselves undervalue their own cars by undervaluing the vipers people are trying to sell. The majority of people that speak to me about my viper cannot believe that it was bought in 09 for 37k (2000 ACR with 14k miles). I now have 26,500 miles and that's basically considered high miles and should be sold for 14k. These cars are such low production vehicles (especially after how many have been totaled) yet the community really undervalues them. Interestingly, it is mostly people who have already sold their cars that seem to be so vehement in discussing their value.
Acura NSX cars were of similar MSRP; yet their values held better. Many have 90k+ miles and still sell well (don't know the particulars anymore). I think as more vipers are wrecked, and as the Gen V hits the streets, we will see the values of the Gen I/II increase in value. I would venture to say that the lowest values have already occurred and the prices are already increasing slightly. I'd say prices have increased an average of 3k from the prices from 2009-2012.
Acura NSX cars were of similar MSRP; yet their values held better. Many have 90k+ miles and still sell well (don't know the particulars anymore). I think as more vipers are wrecked, and as the Gen V hits the streets, we will see the values of the Gen I/II increase in value. I would venture to say that the lowest values have already occurred and the prices are already increasing slightly. I'd say prices have increased an average of 3k from the prices from 2009-2012.
chorps
Enthusiast
Sorry, owners don't undervalue the car, the market sets the price and owners sell for what they can get for it. I know we all want our cars to be worth more but you get what the market will pay. The NSX is a different car, different market, no correlation in price between an NSX and any Viper.
That's one thing that gets me is when people ask what others think they should list their car at it seems like everyone lowballs, but when the people suggesting prices list their own cars for sale the numbers seem to be quite a bit higher. Granted location and situations will have likely have the bigger effect on prices. Sell a car in a wealthy region and you can probably get more for it. If you have to sell a car right now because of financial issues, someone could get a good deal.
hiss highness
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the only thing that seems to make it exotic is either where u are or the car came from, in north America a viper is not exotic, in Europe it would be. vise versa if you live in Germany then a Porsche is not exotic( or Italy or wherever). as I live in an area where I can only drive my viper 5 months of the year, I chose something to drive that can be worked on easily and parts are not ******** to get. I also have a Yamaha gts, so on a different tangent I would go tomahawk cause somehow that seems exotic no matter where ur from. go drop a v10 into some older 60's car, the elise is a chick car as my wife drives and likes hers. or drop a transverse v10 into a Ferrari or lambo shell(lol) or cast a v12 engine for a viper now that would be exotic
