Gen IIIs cheaper than Gen IIs

[forensicsteve]

I have noticed that a few Gen III Vipers are selling for less than Gen IIs with comparable mileage. A Dodge dealer near New Orleans was asking 59,995 for a 2004 with 8100 miles. It sold very quickly. But there are many Gen IIs out there with 62k+ price tags.

I am very surprised. Are the Gen IIs overpriced?

 

[sween]

i think you just saw one lucky sale. the gen 2s are worth less than the gen 3s. the highest ive ever seen for a gen2 (unless it had less than 1000 miles) is 59K the lowest ive ever seen for a gen 3 is 65K (unless it has more than 30000 miles). the gen 2 coupes will drop even lower when the gen 3 coupes come out. hope that helps

 

[2MANYTOYS]

About 6 months ago my brother bought a 03 SRT with 1400 miles on it for 58k. I don't think it's an exception either. Over a year ago a friend of mine paid 60 for a SRT with 300 miles on it.

 

[forensicsteve]

I don't know....just went to cars.com...
Found a bunch of GenIIs ranging from $64,900 to 62,500 and also a bunch of GenIIIs at these prices and lower. In fact there was a 2004 going for $55,250 and a 2005 with 137 miles asking $54,995.

Admittedly I didn't read the fine print but.......

 

[v10kingsnake]

i agree with 2many, and the fact that you think my gen2 coupe is going to go southwards in price because of the intro of the gen3 coupe is hogwash in my opinion. i am a firm believer that the gen2 vipers are basically at or very near the bottom of were your going to see them go price wise and as more and more of them survive the coming years ahead the more valuble they will get. I happen to think the gen2 coupes have by far the best styling of any viper DM has rolled out the doors. gen 3 coupes included.

 

[2000GTS]

I saw a 2005 GenIII for $59k a few months back. Prices for the SRT's are dropping.

Also, I don't think the new coupe will effect GTS prices.

 

[orlandov10]

Yes, there was one GENIII up for sale for 49K with 45,000 miles, he said he would take 46K for it, I too feel the GenII's will hold their value much better than the GenIII's, the GenIII's just don't come off looking like a Viper to me, many people confuse it for the new Vett, my 99GTS never gets confused with any other car on the road, its a Viper through and through. I've seen the same thing happen with the Supras.. I paid 19K for my 94 Supra in 99 and sold it for 26K in 2001.. IMO we will see a price jump on the GTS's, its already started. There is a exotic car dealer in south Florida who tells me he can't get GTS's for the price he used to, there has def been a bump in the last 6-8 months.

 

[Lee00blacksilverGTS]

Not one lucky sale. There are 10 SRT's on Autotrader right now for under $59,999. I have been following this closely for the last year as I am in the market for one. Of those 10 only 3 are over 10,000 miles, two at a little over 20,000 and one at 28,000. There are actually more but several are wrecks and several others are mispriced or are trucks that come up so I did not count them. Why this is going on I have no idea but it's good news for a potential buyer like me. And frankly I think they have bottomed out. Once guys who are pondering a new Vette realize they can have one of these babies for about the same money the market will firm up real fast. Here's the search....

http://autotrader.com/fyc/searchresults.jsp?advanced=&certified=&isp=y&search=y&lang=en&search_type=both&make=DODGE&model=VIPER&start_year=2003&end_year=2006&min_price=1000&max_price=59999&distance=0&address=21146&x=84&y=8

 

[DEVILDOG]

i think you just saw one lucky sale. the gen 2s are worth less than the gen 3s. the highest ive ever seen for a gen2 (unless it had less than 1000 miles) is 59K the lowest ive ever seen for a gen 3 is 65K (unless it has more than 30000 miles). the gen 2 coupes will drop even lower when the gen 3 coupes come out. hope that helps

Damn, I better sell my GenII right now! Wait...this value/economic wisdom is coming from a guy in Kalifornia where they spend a $1.10 for every $1 they take in and just had to refinance $15B in debt. I think I'll keep the best looking Viper ever made a while longer.

 

[Lee00blacksilverGTS]

And even more interesting as I haven't done this before is that there are 25 Gen 2's OVER $60,000 on Autotrader. Now that kinda lacks a little validity as those are ASKING prices. But then so are the ones on the Gen 3's. Here's that search......WooHooo! I just hit 2000 posts!

http://autotrader.com/fyc/searchresults.jsp?advanced=&certified=&isp=y&search=y&lang=en&search_type=both&make=DODGE&model=VIPER&start_year=1996&end_year=2002&min_price=60000&max_price=200000&distance=0&address=21146&x=102&y=12

 

[2MANYTOYS]

Soon I will be adding another GenII. Hopefully, I will be able to get one at these existing prices. They have went up lately though and I think they will continue to up.

 

[PDCjonny]

the gen 2 coupes will drop even lower when the gen 3 coupes come out. hope that helps

I'd like to know how you figure that is going to happen. They introduce a 90K coupe which is just basically the same SRT/10 with a hardtop and new ass and the public is going to rush out and buy them up, making all the older classic models obsolete. Don't think so. The Gen 1 and Gen 2 will always be the "classic" Viper.

 

[Paul Hawker]

I believe Gen 1 RT/10's and Gen 2 GTS cars have very emotional appeals that should continue to support their resale prices.

As a side note, many of the higher priced cars have thousands of dollars in modifications, while most of the SRT's are resold relatively stock. Maybe this could explain some of the variation.

I would not be suprised that the 96/97 Blue white GTS becomes the most sought after Viper.

 

[Purdue_Boiler_Viper]

Just bought my pristine 01 GTS for a little over 60k. Has Venzano seats, and 3k miles. Local exotic car dealer has had two GTS coupes, 01 and 02, priced from 58 to 60. Could have bought a stock Gen III for less than 60 with comparable miles. A number are available locally.

I think the looks of the Gen II make it more desirable, and therefore, more expensive.

 

[sween]

the gen 2 coupes will drop even lower when the gen 3 coupes come out. hope that helps

I'd like to know how you figure that is going to happen. They introduce a 90K coupe which is just basically the same SRT/10 with a hardtop and new ass and the public is going to rush out and buy them up, making all the older classic models obsolete. Don't think so. The Gen 1 and Gen 2 will always be the "classic" Viper.

let me explain a little bit more of wat i think. i think when the new viper srt-10 coupe comes out for a while more people are gonna like it and start buying it. and then people are gonna think why by a gen two viper for 45k-55K because if save up a little bit more you could get a newer one. thats when the prices will drop 35K-45K. then it will be about ten years before it starts goin back up. honestly i think the most desired vipers in ten years is going to be the gen 1s because there the first and most "classic" vipers. i dont mean to start an arguement but i have to add my 2 cents.

 

[Inferno]

the gen 2 coupes will drop even lower when the gen 3 coupes come out. hope that helps

I'd like to know how you figure that is going to happen. They introduce a 90K coupe which is just basically the same SRT/10 with a hardtop and new ass and the public is going to rush out and buy them up, making all the older classic models obsolete. Don't think so. The Gen 1 and Gen 2 will always be the "classic" Viper.

let me explain a little bit more of wat i think. i think when the new viper srt-10 coupe comes out for a while more people are gonna like it and start buying it. and then people are gonna think why by a gen two viper for 45k-55K because if save up a little bit more you could get a newer one. thats when the prices will drop 35K-45K. then it will be about ten years before it starts goin back up. honestly i think the most desired vipers in ten years is going to be the gen 1s because there the first and most "classic" vipers. i dont mean to start an arguement but i have to add my 2 cents.

No need to argue. You are wrong, that's ok. You just don't understand most people think genII, when they think Viper. That is why people will pay for them, because they like them better, yes, better than even the new coupe. The only good condition vipers dropping down to 40k in the next 5yrs, will be the srt10's. My 20cents, do you have change for a dollar?

 

[SRT10]

I have noticed that a few Gen III Vipers are selling for less than Gen IIs with comparable mileage. A Dodge dealer near New Orleans was asking 59,995 for a 2004 with 8100 miles. It sold very quickly. But there are many Gen IIs out there with 62k+ price tags.

I don't know where your looking but its not hard to find Gen IIs in the $30k range.
Try here..5 Vipers, all in the $30K range or best offer, some original owners, some never seen rain,willing to negotiate at $36,500!,ect ect...

http://www.autotrader.com/fyc/vdp.jsp?car_id=187153189&dealer_id=56718988&car_year=1996&make=DODGE&distance=0&lang=&max_price=&model=VIPER&end_year=2002&min_price=&first_record=176&pager.offset=175&certified=&address=08527&search_type=used&advanced=&start_year=1996&isp=y&cardist=2493

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http://www.autotrader.com/fyc/vdp.jsp?car_id=185840635&dealer_id=56599249&car_year=1996&make=DODGE&distance=0&lang=&max_price=&model=VIPER&end_year=2002&min_price=&first_record=176&pager.offset=175&certified=&address=08527&search_type=used&advanced=&start_year=1996&isp=y&cardist=1461

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http://www.autotrader.com/fyc/vdp.jsp?car_id=186852491&dealer_id=56695513&car_year=1997&make=DODGE&distance=0&lang=&max_price=&model=VIPER&end_year=2002&min_price=&first_record=176&pager.offset=175&certified=&address=08527&search_type=used&advanced=&start_year=1996&isp=y&cardist=395

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http://www.autotrader.com/fyc/vdp.jsp?car_id=159394700&dealer_id=15652218&car_year=1997&make=DODGE&distance=0&lang=&max_price=&model=VIPER&end_year=2002&min_price=&first_record=176&pager.offset=175&certified=&address=08527&search_type=used&advanced=&start_year=1996&isp=y&cardist=1017

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http://www.autotrader.com/fyc/vdp.jsp?car_id=186355529&dealer_id=56645031&car_year=1998&make=DODGE&distance=0&lang=&max_price=&model=VIPER&end_year=2002&min_price=&first_record=176&pager.offset=175&certified=&address=08527&search_type=used&advanced=&start_year=1996&isp=y&cardist=2455

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Also if your car is stolen what will the insurance company pay? They will go by Blue Book value which is in the $30k to $40k range depending on the year.

 

[sween]

the gen 2 coupes will drop even lower when the gen 3 coupes come out. hope that helps

I'd like to know how you figure that is going to happen. They introduce a 90K coupe which is just basically the same SRT/10 with a hardtop and new ass and the public is going to rush out and buy them up, making all the older classic models obsolete. Don't think so. The Gen 1 and Gen 2 will always be the "classic" Viper.

let me explain a little bit more of wat i think. i think when the new viper srt-10 coupe comes out for a while more people are gonna like it and start buying it. and then people are gonna think why by a gen two viper for 45k-55K because if save up a little bit more you could get a newer one. thats when the prices will drop 35K-45K. then it will be about ten years before it starts goin back up. honestly i think the most desired vipers in ten years is going to be the gen 1s because there the first and most "classic" vipers. i dont mean to start an arguement but i have to add my 2 cents.

No need to argue. You are wrong, that's ok. You just don't understand most people think genII, when they think Viper. That is why people will pay for them, because they like them better, yes, better than even the new coupe. The only good condition vipers dropping down to 40k in the next 5yrs, will be the srt10's. My 20cents, do you have change for a dollar?

ohh crap another gen3 vs gen 1 and 2 arguement . ya people think of the gen 2 coupe as the viper (and theres nothin wrong with that). but that wont keep the value up (now not in ten years). people are going to want the updated coupe or srt-10 not the one that has 40,000 miles. people are going to want (if they can afford it) the new coupe and convetable because not just because of the looks but because all of the flaws with the old coupe and roadster are gone. people are going to want it because it will perform better. people will only want the to buy gts or rt/10 if they cant afford the new coupe or srt-10 or if they like that better than the new coupe or srt-10(which will only be a very few people).the value might be higher in 10 to 20 years but right now i think gen 3s are worth more. i dont mean to sound like a gen 1 or gen 2 hater because i like the gen1 and gen2 vipers the same as the gen3s. but i just want to say what i think is going to happen

 

[hemibeep]

Not trying to stir the ***.
We all know how much better performers GEN III are.
We mostly all know the emotional appeal of Gen II.
In the end, down the road, emotional appeal usually fetches the $$. Blast me away....but as someone in another post said, the Gen II was designed on paper with passion >>
-- GEN III = C.A.D....(with all due respect)

 

[forensicsteve]

SRT10
Thanks for the info
I found the vehicles I mentioned in a previous post tday on www.cars.com

Copied and pasted a partial list but enough to get an idea.


2002 Dodge Viper GTS $65,900 4,000 Fitzgerald Motorsports Coupe Graphite 1,440 mi.
2003 Dodge Viper $65,000 9,400 Individual Seller Convt Silver 621 mi.
2003 Dodge Viper SRT/10 $64,995 9,948 Buhler Auto Superstore Convt Silver 1,202 mi.
2003 Dodge Viper SRT/10 $64,995 6,412 Luxury Motors Hoffman Estates Convt Red 875 mi.
2003 Dodge Viper SRT/10 $64,900 5,559 Maplewood Imports Convt Bright Red 1,073 mi.
2001 Dodge Viper GTS $64,900 8,800 Classified Ad Yellow 2,044 mi.
2003 Dodge Viper SRT/10 $64,000 12,896 Havill - Spoerl Used Autos - Jefferson Convt Red 934 mi.
2004 Dodge Viper SRT/10 $63,998 4,702 Bourne's Auto Center Convt Silver 1,398 mi.
2003 Dodge Viper SRT/10 $63,995 946 Foreste's Park Place Motors Convt Silver 767 mi.
2002 Dodge Viper RT/10 $63,995 4,027 Morries Mazda Convt Yellow 1,074 mi.
2001 Dodge Viper GTS $63,900 3,280 Auto Works Coupe Viper Race Yell... 1,164 mi.
2003 Dodge Viper SRT/10 $63,900 5,872 Ogden Chevrolet Convt Black 861 mi.
2003 Dodge Viper SRT/10 $63,800 6,450 Individual Seller Convt Black 742 mi.
2004 Dodge Viper SRT/10 $62,999 3,184 Chuck Van Horn Dodge Convt Silver 992 mi.
2003 Dodge Viper SRT/10 $62,995 4,000 Carmel Motorsports Convt Red 763 mi.
2003 Dodge Viper SRT/10 $62,995 4,280 Bentley Downers Grove Convt Red 860 mi.
2004 Dodge Viper SRT/10 $62,990 1,704 Atlanta Auto Brokers Convt Red 466 mi.
2002 Dodge Viper GTS $62,500 6,116 Premier Sports Cars Co. Coupe Viper Red 546 mi.
2002 Dodge Viper GTS $62,500 10,510 Premier Sports Cars Co. Coupe Graphite Grey M... 546 mi.
2002 Dodge Viper RT/10 $62,500 6,257 Individual Seller Convt Charcoal 852 mi.
2002 Dodge Viper RT/10 $62,400 27,000 Individual Seller Convt Red 273 mi.
2002 Dodge Viper GTS $61,900 7,233 Team Motorsports Coupe Red 541 mi.
2002 Dodge Viper GTS $61,000 -- Classified Ad 621 mi.
2003 Dodge Viper SRT/10 $60,900 9,800 Individual Seller Convt Red 508 mi.
2001 Dodge Viper GTS $59,999 2,500 Luxor Scottsdale Coupe Red W/ Silver S... 1,270 mi.
2004 Dodge Viper SRT/10 $59,995 8,189 Rainbow Chrysler Jeep Dodge Convt Red 73 mi.

 

[sween]

***!! forensic steve how did you just delete your post. i didnt know you could do that?

 

[sween]

wow those gts are way over priced. you should go to autotrader or dodgevipersforsale or ebaymotors.

 

[iowaviper]

Hi, In Iowa city Iowa there is a Red 05 with 700 miles for $77,ooo

 

[sween]

thats about normal for a srt-10 with 700 miles

 

[TCKTPLZ]

ohh crap another gen3 vs gen 1 and 2 arguement . ya people think of the gen 2 coupe as the viper (and theres nothin wrong with that). but that wont keep the value up (now not in ten years). people are going to want the updated coupe or srt-10 not the one that has 40,000 miles. people are going to want (if they can afford it) the new coupe and convetable because not just because of the looks but because all of the flaws with the old coupe and roadster are gone. people are going to want it because it will perform better. people will only want the to buy gts or rt/10 if they cant afford the new coupe or srt-10 or if they like that better than the new coupe or srt-10(which will only be a very few people).the value might be higher in 10 to 20 years but right now i think gen 3s are worth more. i dont mean to sound like a gen 1 or gen 2 hater because i like the gen1 and gen2 vipers the same as the gen3s. but i just want to say what i think is going to happen

With each successive post you are proving nothing more than your inability to produce anything of any remote value and credence. Perhaps you will come to the realization of this and just stop posting, or otherwise unfortunately succumb to your delusions of intellectual adequacy and continue to incessantly post this irrelevant, incognizant, and heedless drivel.

 

[2MANYTOYS]

thats about normal for a srt-10 with 700 miles

Bull you could buy a new one for that.

 

[01sapphireGTS]

DEVILDOG: LOL

Forensicsteve:
I responded to a post a few weeks ago regarding this same subject and was pounded by Gen III guys who said I was on crack. I even got several *** and even outside emails on the subject of how Gen III's were far MORE money than "any" Gen II... I spit back a few facts that I had gathered at the time and didn't hear much rebuttal...

I wish the Gen III's were cool enough to command $100K, but they are not. As seen in this post if you are willing to look around you can get a nice one in the low $60's with very low miles. New Gen II's sat around on the showroom floors, and so are the Gen III's. I just don't think there are a lot of people buying them right now.

Of course the "old" crowd of Gen I & II owners say they would buy the "right" Gen III/Coupe, but I don't think that car is going to be made. We all might have to wait on the Gen IV. ( You know, the mostly German one )...

I'm very happy with what I have and don't really care were the perceived "value" goes, of course up is always a good feeling.

 

[sween]

ohh crap another gen3 vs gen 1 and 2 arguement . ya people think of the gen 2 coupe as the viper (and theres nothin wrong with that). but that wont keep the value up (now not in ten years). people are going to want the updated coupe or srt-10 not the one that has 40,000 miles. people are going to want (if they can afford it) the new coupe and convetable because not just because of the looks but because all of the flaws with the old coupe and roadster are gone. people are going to want it because it will perform better. people will only want the to buy gts or rt/10 if they cant afford the new coupe or srt-10 or if they like that better than the new coupe or srt-10(which will only be a very few people).the value might be higher in 10 to 20 years but right now i think gen 3s are worth more. i dont mean to sound like a gen 1 or gen 2 hater because i like the gen1 and gen2 vipers the same as the gen3s. but i just want to say what i think is going to happen

With each successive post you are proving nothing more than your inability to produce anything of any remote value and credence. Perhaps you will come to the realization of this and just stop posting, or otherwise unfortunately succumb to your delusions of intellectual adequacy and continue to incessantly post this irrelevant, incognizant, and heedless drivel.

im only a freshman in high school and i have no idea what you just said

 

[SilverSnake]

Less than a year ago i bought a 2004 for 69k NEW 5 miles on it. To bad a drunk driver totaled it.

Robert

 

[forensicsteve]

When I started this post, it was based just upon an observation which puzzled me and noone else had as yet brought up the point that...it at least appears that a few SRT10s are valued less than a few GenIIs.

If it was my intent to ruffle feathers, I would have posted this topic in the SRT section. I just wondered whether any of the more knowledgeable posters could shed some light or share a thought.

Both are outstanding automobiles. Both share the Viper heritage and DNA. One has to concede that the newer GenIII offers refinement and technological advancements not available in the GenII. Each has its own loyal following and offers unique qualities.

Isn't it wonderful to have choices...