488civ10 said:wrong, you can totally go by kbb, especially on vettes. and i don't even need to qualify that statement by saying "in this economy." i was finding cars last year as well. one just needs to spend more time looking. if you know any car dealers or wholesalers... they take trade-ins or buy them at auction all day for prices that will shock you. and just because a price sounds too good to be true doesn't necessarily mean there is a "story" behind it. if there are owners willing to trade in their cars for below kbb trade-in "good" value, what makes you think you can't offer $500-1000 more to an owner looking for a quick exit (and still be well below kbb)? in a deleveraging environment like the one we are in, many assets get unwound regardless of what it is. if homes are down 30-40%, why would it be unbelievable for vipers to come down? and what is a greater necessity/ vs. luxury? when an individual needs to liquidate, they will take whatever they are comfortable with, especially if there is a time crunch.
last year, auto sales totalled to about 17 million. if we go by last month's sales and annualize that, we're looking at about 10 million. to give some significance to that figure: we're back to 1983. with all the easy money, rebates, 0% financing, the auto industry was on an unsustainable path. i've also come across the fact that there's now 1 car in the US for every person of driving age. so at the margin, the viper market will be and HAS been affected.
that said, to your point of vipers being in a narrow market, i would agree - especially in your case/ your particular car. there are not many examples of the combo you were looking for, but this thread has largely been about a Red GTS. even then though, there exist owners out there who might not even know what "jewel" of a viper they have on their hands - not all viper owners are enthusiasts, much less historians, fanatics, etc. like the majority that frequent this site. the only problem that remains in a buyer's market for a smart, patient buyer with cash on hand is the time/money saved tradeoff.
Tailwag, your car looks amazing, but the "right" buyer is going to have to cross paths with you for the sale to happen. the question is how long you are willing to wait. the turnaround everyone is hoping for in the economy is quite a ways away.
my question, which may have been asked, but i missed is: why are you selling the viper and keeping the vette???
You articulate very well and make tons of sense. Thanks for sharing your perspective. I think I agree with 100% of what you stated.
To your question about keeping the Z06, over the Viper. It is quite simple:
1. I have 4 1/2 years left of warranty on the Z06. I track the car and is the perfect car for me. I only bought her 7 months ago (this is my 2nd C6Z) and I have yet to find something that performs as well/better than she does for the money.
2. I am selling the Viper to buy a new ACR. I don't want to get a loan, so I need the additional cash from the sale of the GTS to purchase the ACR straight.