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Viper values

Discussion in 'RT/10 and GTS Discussions' started by Dr. Pepper, May 18, 2020.

  1. Dr. Pepper

    Dr. Pepper Enthusiast

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    I just read an article from an investment club (The Oxford Club) that stated the 1992 - 2012 Vipers are one of the top three future classic cars to invest in (the other two are the Mazda RX-7 MD and the Acura NSX). Apparently, millennials are more drawn to the Vipers than the older muscle cars of the 60s and 70s. I don't plan on selling my 94 RT10, but I hope they are right.
     
    DJ'sviper likes this.
  2. ViperJeff

    ViperJeff VCA Legacy Member - UT/AZ Staff Member

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    Curious….. Is there a link. I was struck that they would include years 2011 & 2012 in there assessment.... odd
     
    nitroram33 likes this.
  3. viperman4125

    viperman4125 Enthusiast

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    Unless you are 20 years old, when you are 80, they might be worth something, I had a 94, own a 06 now, they made 3000 units, the most of any model year. Lots of 94's out there.
     
  4. Dr. Pepper

    Dr. Pepper Enthusiast

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    The information I mentioned above was from a copy of an article a friend had. He said he borrowed it from a third person. I don't have any other info on how someone else can view it unless you can find it online. It is obviously someone's opinion, so believe it or not...………...
     
    ViperJeff likes this.
  5. ViperJeff

    ViperJeff VCA Legacy Member - UT/AZ Staff Member

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    I tried to find it believe it or not,

    No worries, when I see references to published articles about Vipers, I find them interesting to read as some are written with great knowledge of the Viper and others are almost comical because the writer presents themselves having never seen one, but have an expert opinion and …. well.... I'll leave it at that :)
     
  6. DJ'sviper

    DJ'sviper Enthusiast

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    Your car is worth what you are willing to sell it for. I don't see why the viper community want to down grade the first generation viper so much other than they may think they might get more for their car because it is a newer generation car and has improvements. I have a 93' viper and the first year 50% of them were wrecked. There were only about 950 made. So if you compare that to the other generations in production you are talking about a car that has a lot of collectibility in its history as being the FIRST ONE. So an investment club doesn't go on the criteria that a car club would and they think that a first Gen Viper is a good investment they are basing their judgement on what makes a good investment. Thanks for the information Dr. Pepper Number 1 on the list!
    Ten Surprising Collectible Cars to Invest In for 2020
    According to experts, the autos that show indications of future strength include a mix of the beautiful and the bizarre, the usual and the unexpected.

    By
    Hannah Elliott
    February 4, 2020, 6:00 AM CST

    About the car: With Chrysler’s roaring V10, 450-horsepower engine and crazy Detroit styling, the coupe paid tribute to the Daytona Cobra coupes of the 1960s.

    Why buy it: Increasing numbers of low-mileage Vipers have started to appear at auction in the last five or so years, with average prices for one in excellent condition hitting around $53,600, according to Hagerty, the vintage auto insurer. Many strong examples are still available to be had for $30,000 to $40,000. That’s a lot of car for the money. Hagerty has included it on its “Bull List” for 2020.

    Caveat emptor: Later cars are more comfortable to drive—but the early cars with no creature comforts and laborious wheels are the purest of the form. Make sure the car you buy has lots of maintenance documentation and a clean ownership history.

    Encouraging words: “They’re an incredible buy with performance to boot,” says Carl Bomstead, the senior market analyst for Sports Car Market, a valuation guide for classic cars.
     
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  7. WHY U TRY

    WHY U TRY Enthusiast

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    I bought mine years ago with the attitude that it was an amazing bang for the buck and I don't think they will ever get lower than they currently are. I also don't think they will be crazy valuable in my life time. This is also coming from the guy who sold his pair Supra MKIV Turbos after the first Fast N Furious movie came out and the value shot up. I couldn't have guessed the value would never come back down :(
     
  8. ViperRed

    ViperRed Enthusiast

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    I bought mine for $27k back in 2014.
    It had 5k miles on it, now has 8k miles.
    It is an early 93 model.

    I never bought it as an investment. It was purely a sentimental purchase.
     
    MichaelJB likes this.
  9. DJ'sviper

    DJ'sviper Enthusiast

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    Your car should have some value. Especially if it has an antenna on the back. You got a steal. It's really a brand new car. So its your decision if you want to make a few extra bucks by not driving it or have great time with it and when you sell it it will never be at the price you bought. You hit the low.
     

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