GTS Prices On The Rise??

[00prowler]

Now that the SRT has cooled down, and its lackluster reception, are the gen 2 cars going up in value again? Last winter I noticed around a 115 GTSs for sale on the VCA classifieds, Now I am noticing there are only 69. I finally saw an SRT last week, I loved it, but loved my GTS more. What do you think? 00PROWLER

 

[FranciscoR.]

I am new to Vipers by most comparison. But I would say where the prices are NOW, is where they will stay until the new models come out. When that happens, as a whole, most should go down.

 

[Vic]

It takes like 30 years or more before any car reaches "collector" status, so don't hold your breath! GTS prices will remain depressed until then.

Excludes JagXJ220, Enzo, McClaren, etc.

 

[DodgeViper01]

Yeah I agree. The prices will not reach collector status for a LONG time. At least they will not end up like the Jaguar XJ220 which is now trading for about $195K now compared to it's $610,000 MSRP. ***** for anyone that bought that car. LOL!

 

[snowmann]

It will be a while before the car goes up in value. It's not like they aren't coming out with cars that don't have more HP for about the same price. When the Viper coupe finally comes out, prices will probably take another fall too. I also believe the looks of the GenII are getting a little dated (I still like it personally, but compared to some new exotics it look older). Look at the Ferrari Testarossa, it's not too collectible and it's been around 20 years or so now since production stoped, you can get one for much less than the new sticker price back in 85. It will take some time...

 

[Viper Specialty]

I think if the economy really starts to turn around before spring, you will see some big movements in pricing by then. very few GTS's can be had right now other than from private sales, and no more will ever enter the marketplace...as the numbers go down, (and they do by the day with Vipers), the prices will start on the rise.

 

[garolittle]

It takes like 30 years or more before any car reaches "collector" status, so don't hold your breath! GTS prices will remain depressed until then.

Excludes JagXJ220, Enzo, McClaren, etc.

Agreed. The same is true for RT/10's ... unfortunantly.

 

[GR8_ASP]

I think the reason you are seeing less Gen I/II being sold right now is because the first year of SRT's is over. They were sold to current owners only. Those that did not want multiple Vipers needed to sell one (though I cannot understand how anyone can part with their Viper). The high sales rate over the last year was due to the SRT purchases by Viper owners. It should now stabalize and prices find their natural level again (the flood of cars undoubtedly reduced the average price due to supply and demand). As the supply increased, with a fairly steady demand, a decrease in price would be expected.

 

[garolittle]

It should now stabalize and prices find their natural level again

A recovering economy and a booming stock market will help as well.

 

[FikseGTS]

all depends on which year/color also as some hold their value better than others, the blue/white GTS's routinely sell for thousands more then more common colored later model GTS's....

 

[genXgts]

you tell em Fiske!

 

[rcdice]

A few years back Road & Track had a piece titled "If we had only known". One of the items was an actual add that appeared in an early 70's R&T classified. It was an add for a 67 AC Cobra, low miles, never raced, blue w/ white stripes, $4900.

With the limited supply of Gen I & II Vipers and with the number of cars being raced and modified, eventually they will be collectable. Maybe.

Bob

 

[Toby]

They are still falling in price but not as fast as they were even 6 months ago.

Super clean blue and whites hold their value more than the others from what I have seen.

 

[snowmann]

They are still falling in price but not as fast as they were even 6 months ago.

Super clean blue and whites hold their value more than the others from what I have seen.

People do love them blue/white...

 

[FE 065]

A few years back Road & Track had a piece titled "If we had only known". One of the items was an actual add that appeared in an early 70's R&T classified. It was an add for a 67 AC Cobra, low miles, never raced, blue w/ white stripes, $4900.

With the limited supply of Gen I & II Vipers and with the number of cars being raced and modified, eventually they will be collectable. Maybe.

Bob

One editor bemoaned the fact that he spent $3500 restoring an MG or something back then when he could have had a used Cobra for that price..

Cobras were expensive,hot,impractical, hard to live with, and hard to justify keeping as married life's horizons became broader.

Sound familiar?

 

[onerareviper]

I have noticed a slight rise in asking prices for Gen II Vipers. Come Spring, I bet the same Viper will command a slightly higher price, than that of Spring 2003. Will it continue to rise in price? No. But I feel Spring 2003 was the best time to buy, and the worst to sell. Economy was horrible, and many Viper owners wanted the new Gen III. Seems prices are rising to a fair market value, IMO. Less people selling and a better economy.

My .02

 

[Lee00blacksilverGTS]

It's not about the lenth of time that passes, but the rarity of the production numbers and the law of supply and demand. These cars are pretty rare already. And a good historical comparison is the mid year Vettes. The rare optioned big engine cars did not take more than 10 years to really take off in value.

 

[Viper Specialty]

Also- dont forget:

Vipers have got to be one of the HIGHEST accident-prone sports cars around, due to the dangerous combination of HP, TQ, lack of computer help, and the fact that many actually get driven, instead of sitting around.

Come 5-10 years from now, finding one that has not been in any type of accident will be one hell of a task.

 

[00prowler]

Are the Blue/White GTSs really bringing more than other colors?? If so how much on average. Looks like most that say that have a Blue/White GTS on there avitar.

 

[garolittle]

Also- dont forget:

Vipers have got to be one of the HIGHEST accident-prone sports cars around, due to the dangerous combination of HP, TQ, lack of computer help, and the fact that many actually get driven, instead of sitting around.

Come 5-10 years from now, finding one that has not been in any type of accident will be one hell of a task.

Excellent point. As Viper prices fall, more and more "would be Mustang" owners will starting buying. What happens when young Mustang owners get behind the wheel of a real sports car? Well, the supply of Vipers will fall due to wrecks, ect... Hence, the price of Vipers will rise. It's like "Vipernomics".

 

[Lee00blacksilverGTS]

"Are the Blue/White GTSs really bringing more than other colors?? If so how much on average. Looks like most that say that have a Blue/White GTS on there avitar"

I think this may be a "perception" held proudly by our blue/white brothers. And that perception may hold true for 96....duh, only color offered. And more importantly 97, where there were other colors offered...I think? And given my choice of those years I want one too! I love the color! But to say that they are going for more than their later model counterparts such as... Ahem, black/silver or silver blue or the famous bumblebee I think is just pride speaking. I do think however a nice 96/97 blue white will always go for more than a plain red....but only because red is the most common color available as it was built almost every year. I want one of those too!

 

[viper585]

It takes like 30 years or more before any car reaches "collector" status, so don't hold your breath! GTS prices will remain depressed until then.

Excludes JagXJ220, Enzo, McClaren, etc.

I would disagree totally with that,when it comes to limited production high performance vehicles.Buick grand nationals are already slowly appreciating,as are EARLY model ZR1's.I made good money on 60's corvettes throughout the 80's,as well as dodge and plymouth muscle cars from the late 60's,early 70's.I already see a bottoming out of 93-94 vipers,the really nice ones.The 92-95 rt cars will have a collector status sooner than most would think.The 96-97 blue gts's are already becoming a non depreciating item.It is certainly true that the later model cars have a long way to go down before starting back up,but not 30 years,no way.JMHO

 

[ViperJoe]

Uh...... not according to this......

http://vca2.viperclub.org/forums/showflat.php?Cat=&Board=UBB14&Number=351018&page=0&view=collapsed&sb=5&o=&fpart=1

 

[viper585]

Uh...... not according to this......

http://vca2.viperclub.org/forums/showflat.php?Cat=&Board=UBB14&Number=351018&page=0&view=collapsed&sb=5&o=&fpart=1

That is amazing,but it does have more miles in 2 years than an average viper will see in a life time.40k is a bunch of miles,but a good deal for someone who wants a good driver.

 

[Vic]

It takes like 30 years or more before any car reaches "collector" status, so don't hold your breath! GTS prices will remain depressed until then.

Excludes JagXJ220, Enzo, McClaren, etc.

I would disagree totally with that,when it comes to limited production high performance vehicles.Buick grand nationals are already slowly appreciating,as are EARLY model ZR1's.I made good money on 60's corvettes throughout the 80's,as well as dodge and plymouth muscle cars from the late 60's,early 70's.I already see a bottoming out of 93-94 vipers,the really nice ones.The 92-95 rt cars will have a collector status sooner than most would think.The 96-97 blue gts's are already becoming a non depreciating item.It is certainly true that the later model cars have a long way to go down before starting back up,but not 30 years,no way.JMHO

I hope you are right! I don't want to wait until I am 70 until my GTS is worth what I bought it for!!!!!

 

[Vic]

Yeah I agree. The prices will not reach collector status for a LONG time. At least they will not end up like the Jaguar XJ220 which is now trading for about $195K now compared to it's $610,000 MSRP. ***** for anyone that bought that car. LOL!

Dayum! The beautiful XJ220 going for a paltry $195K? What happened to that car? Did it do a belly flop or something?

 

[FikseGTS]

the opposite of the 1996/1997 blue/white stripes seem to sell pretty well also...

 

[Toby]

"Are the Blue/White GTSs really bringing more than other colors?? If so how much on average. Looks like most that say that have a Blue/White GTS on there avitar"

I think this may be a "perception" held proudly by our blue/white brothers. And that perception may hold true for 96....duh, only color offered. And more importantly 97, where there were other colors offered...I think? And given my choice of those years I want one too! I love the color! But to say that they are going for more than their later model counterparts such as... Ahem, black/silver or silver blue or the famous bumblebee I think is just pride speaking. I do think however a nice 96/97 blue white will always go for more than a plain red....but only because red is the most common color available as it was built almost every year. I want one of those too!

Blue and whites do hold there value more and command a greater price than newer models. I know first hand.

Just look around...96 GTS's with under 10K miles still get up to 50K and ones with less than 5k Miles can get 52-55K. I just saw a month or two ago a 2001 GTS with 5K miles go for 54K. I have also witnessed many other deals like that as well in the past 6 months.

 

[Simms]

"Are the Blue/White GTSs really bringing more than other colors?? If so how much on average. Looks like most that say that have a Blue/White GTS on there avitar"

I think this may be a "perception" held proudly by our blue/white brothers. And that perception may hold true for 96....duh, only color offered. And more importantly 97, where there were other colors offered...I think? And given my choice of those years I want one too! I love the color! But to say that they are going for more than their later model counterparts such as... Ahem, black/silver or silver blue or the famous bumblebee I think is just pride speaking. I do think however a nice 96/97 blue white will always go for more than a plain red....but only because red is the most common color available as it was built almost every year. I want one of those too!

Blue and whites do hold there value more and command a greater price than newer models. I know first hand.

Just look around...96 GTS's with under 10K miles still get up to 50K and ones with less than 5k Miles can get 52-55K. I just saw a month or two ago a 2001 GTS with 5K miles go for 54K. I have also witnessed many other deals like that as well in the past 6 months.

I agree, just look at the two blue/whites posted on dodgevipersforsale.com.

 

[MoparMan]

...to say that they are going for more than their later model counterparts such as... Ahem, black/silver or silver blue or the famous bumblebee I think is just pride speaking.

Can't go wrong with a combo like black/silver - it's stylish and fairly rare.