Palmer Dodge in Atlanta Georgia has an ad in the Atlanta Journal Constitution for the referenced vehicle. I thought it was a mistake at first but the ad has been in place for several weeks now.
A bunch of the 1800 SRT certificate holders either don't have the room, or the money, to own both their old Gen2 Viper, and hold it as well along with their new SRT. So they are dumping their Gen2s, and belive it, they are desperate to dump 'em before the market gets any more flooded. Add to that the general softness in used cars right now, and it all adds up to a buyer's market, for a few months more, at least.
The amazing part is that many (most?) of the 1,800+ SRT owners have not yet put their current Vipers up for sale. Prices could drop by several thousand more dollars.
There is one twist to this, it's like waterfront property, they ain't makin' it any more...so if you have a GTS, once all the 2002s are gone the market will come up. For the open car market, the rt10 is gonna suffer for some years until they are realized to be classics. If the new coupe comes along in 2005 or so GTS prices will dive too.
<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by Lee00blacksilverGTS: There is one twist to this, it's like waterfront property, they ain't makin' it any more...so if you have a GTS, once all the 2002s are gone the market will come up. For the open car market, the rt10 is gonna suffer for some years until they are realized to be classics. If the new coupe comes along in 2005 or so GTS prices will dive too.
wait another year and buy a super low mileage car to put away...keep the current one to drive and have fun... 13 or so years from now sell that low mileage one to someone in their late 20's whos made some money and wants his high school dream car... and the best part is you'll sell it for at least twice to three times what you paid for it...
...or ignore all this stuff and go for a drive... vipers arent investments.. they're cars.
<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by anunakki: wait another year and buy a super low mileage car to put away...keep the current one to drive and have fun... 13 or so years from now sell that low mileage one to someone in their late 20's whos made some money and wants his high school dream car... and the best part is you'll sell it for at least twice to three times what you paid for it...
...or ignore all this stuff and go for a drive... vipers arent investments.. they're cars.
<HR></BLOCKQUOTE>
Yep, they are cars. Not investment material in my mind. Enjoy them, they are the best ride out there.
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