I have a 2004 with 39,000 miles on it and a rebuilt title. (Black Mamba1's old car) I'm wondering if it would be unrealistic to get $35,000 for it? It has quite an extensive mod list; Freshly built motor (approx 5k on build) Vipair coil overs Sidewinder 2 wheels Autoform roll bar Copperhead ACR paint scheme ACR wing Roe VEC3 Belanger headers/back It's not a museum piece, it's a driver for sure. But it's still in amazing shape, I'm just wondering how much that rebuilt is going to hurt me?
Condition is everything. If it is a top notch rebuild I would say 35k easy but if short cuts were taken or people who did not know what they were doing could be worth parts. When you call it a driver condition that scares me a little. What would the car be worth without the accident?
My mom has seen far worse going for far more than that recently as she was looking at another Viper. Doesn't mean that people are actually getting what they're asking granted. Do you have pictures of what it was like before the rebuild? That can help sway some people. Cosmetic damage versus structural damage can make a big difference in some people's eyes. I wouldn't mind a car that just had a bunch of body panels replaced, but if you start getting into inner fender structure and trunk tubs and stuff like that I think more people would hesitate. If it was just a body panel thing I'd call $35k a steal personally, but I'd also want to look the car over in person because pictures can never show something the same way that seeing it yourself can.
Another thing that may help the value or hurt it if damage was extensive, is accurate records and pictures of the car in its damaged state and during the repair process.
Thanks guys, all very valid points, I do have plenty of pictures of before/during the build. It was mostly cosmetic (door, fender, fender bracket, rocker panel, front bumper, rear quarter, a/c condenser, etc) but there was a small amount of frame damage which that section was cut out and replaced. The reason I refer to this car as a "driver" is because I would hate to give someone the idea that this was my garage queen. It gets driven rain or shine, it has seen track time, and has some rock chips to show for that. This car is my baby, but I still definitely bought it with the intentions of driving it. I can put up some more pics when I get to my computer.
Value would depend on who did the motor (and why did it need to be rebuilt), who did the paint, who repaired the body, and were new parts installed, or just bond and fiberglass to fix the original parts. That frame damage might be the most harmful to the price. Lots of insurance companies will refuse to insure a car that had parts cut out, and welded back in. It looks like a beauty and that will make it interesting for some, but will be really hard to sell except at a significant discount to an equilivent non damaged car.
Yes, I think your a bit low. I would start at 42 -45. Actual salvage cars (not rebuilt) are priced over 30. Milage is a little high for a viper, which I also think is crazy. Would a normal 10 year old car with 39k miles be considered high milage?? Silly Using this example. The general rate for rebuilt car is 10 to 15 percent off. So, using 10%, that would price your car at 38,100.00
I think that the market has proven that the quality of work done means more that the fact that it WAS done. I will gaurantee there are plenty of non-salvaged cars out there that are in FAR worse condition than some of the salvage cars that have been rebuilt. I would also contend that a rebuilt car done by the right person is as good, if not better than the car when it was brand new. I rebuild and/or fix these things all the time... and I would rather have a car built by me than the factory any day. LOL!