Viper "Pack" to HOLD the sale price of our beloved Vipers!!

[jmillsUT28]

As many of your know, I've been trying to sell my Viper for the last month at a very fair price. It's frustrating to read the many offers that I have gotten of non Viper owners that think they know what a Viper is worth. I own a 29K mile 1994 RT/10 that has a clean title and have it listed for $25,995. To me this is a great price for a Viper. I have gotten offers from $18K-$23K. Maybe it's just me but to me this is an insult! I know most buyers low ball when they give their first offer. But the guys that are making these offers are hard set that the Viper is not worth much at all anymore and there are clean title Vipers selling in the very low $20K all day long. From my search I did not see this and if it is true I think we should stop this madness!! It just takes one Viper owner giving in and selling a Viper in the low $20K to give these sh*t heads the idea that these car are not worth much anymore.

So, today Tuesday the 19th of 2008 I am making a "Pack" to not sell my Viper below $25,995. I will not give in to these sh*t heads! Am I the only one that is mad about this? I believe that the GEN1 Vipers will be a collectable and will go up in value in the next 10 years. I never thought i would see a Viper selling below $28K. Maybe I am just mad that I'm not going to VOI!

 

[mike & juli]

Your title of the thread confused me, as Viper "PACK" would infer lots of Vipers!! Not to correct you, but I think you meant "PACT"...that would be less confusing! Good luck on the sale of your Viper...I imagine it IS frustrating to get low-ball offers. I think Raven Fan 94 is looking for an RT? ~juli

 

[93 Cobra R]

Around the first of the year, I listed my '94 RT/10 for right at $30k, which I thought to be a very good deal (2 tops, 2 sets of side windows, new clutch, K&N w/smooth tubes, polished Gen-II wheels, but otherwise stock)...hardly got any interest at all and it took a long time to sell. I held out as long as I could before frustration set in, and I only managed a mid-20k price. The general public just didn't seem very interested in Viper ownership then and it seems it's just getting worse.

For the past few months, I've been in the market specifically for a 2002 ACR Final Edition, so I've been looking over numerous classifieds. Oddly, I've seen the same Vipers still for sale from when I saw them a month ago, but now with $5,000 to $10,000 price reductions...and they're still not selling.

"Buyer's Market" sure...but for how long...

Your title of the thread confused me, as Viper "PACK" would infer lots of Vipers!! Not to correct you, but I think you meant "PACT" ~juli

I don't know Juli...
"PACK" kinda has a more unified warmer feel about it lol. I hear "PACT" and think of cult suicides and teen pregnancies - neither of which I care to assimilate with lol.

 

[2001ViperGTS]

Sounds like a very good price to me... don't go below $25K!

 

[MAVPR]

Man that price is more than fair!! I agree 100% with you, if people hold firm on what we all know these amazing machines are worth, that has got to keep the value up. Im right there with you on this "Pack" or "PACT"

 

[terminator02]

If by "sh1theads" you mean that there are people that are putting you down for your price, I completely agree with you. If you mean because they are low balling, well then the problem is not with them. The problem is with owners selling at low prices. So are they the shtheads? A member here just posted how he bought a 1996 17k blue and white with a clean title off ebay for 36k. Amazing deals are to be had. The question comes in to how badly does one person need to sell?

The way I look at the viper market is that right now there are a very few group of people who are interested in this machine. Add a struggling economy with high gas prices and that niche market shrinks even more. So now you have more people TRYING to sell their viper and LESS people who would normally want to buy.

I agree with an above poster (because I have been searching for a long time) in that the cars that are priced "fair" are remaining on the market for 3-6 months or longer. Some people may NEED to sell faster than 3-6 months.

I don't think a pact really relates because some people may need to sell..some people won't. There is a 2000 steel grey ACR that has been lowered to 51k from 55. That is a pretty fair deal. I am sure he would sell for 48-50k as well. But it is just sitting. There are some CLEAN cars with NO issues that are just sitting. I think they are for reasons previously stated.

Are you right to hold out for your number? That is only for you to decide..not some low baller, not from other forum members. How badly do you need to sell? Can you wait? Is it worth it to wait? Is it worth the time and effort to wait and talk and constantly negociate based upon the principle of , "My car is worth X amount and I will prove it?" That is only up for you to decide.

Not a flame post at all...but it seems silly to be upset with buyers and sellers of cars because everyone has their own reasons to sell and those reasons coupled with a crappy economy are the real reason you are having difficulty selling your car and it is nothing personal...just reality.

 

[Warfang]

This isn't cuba or china... let the market decide what your car is worth, and if you disagree, don't sell it.

 

[danfromohio]

I may be in the market for a Viper in the next couple of years and I will be happy to pay mid-20's for a Viper like yours!

 

[jmillsUT28]

This isn't cuba or china... let the market decide what your car is worth, and if you disagree, don't sell it.

That's what I plan to do. Not willing to go that low. I just got two e-mails offering me $19K and $20K and they stated that I will not get anymore for it. Guess I lost come control. haha

 

[jmillsUT28]

Re: Viper "Pact" to HOLD the sale price of our beloved Vipers!!

Your title of the thread confused me, as Viper "PACK" would infer lots of Vipers!! Not to correct you, but I think you meant "PACT"...that would be less confusing! Good luck on the sale of your Viper...I imagine it IS frustrating to get low-ball offers. I think Raven Fan 94 is looking for an RT? ~juli

You are correct. I was in a hurry so I did not review my post. I guess I have so much love for the cars that I hate to see them go down in value like a C56 corvette.

 

[CitySnake]

Surely Viper owners feel strongly about the value of their cars. To me, it would seem that a buyer would be getting an extraordinary deal for your car. Nonetheless, you're off base to blame the "market value" on those owners that are short selling their Vipers. Sellers aren't concerned with the general market, they're concerned with getting the most for their Viper in the quickest amount of time possible. Of course those two variables (price and time) will be prioritized individually by every seller. Seems like you're suggesting that another seller should not accept a "lessor" price for his Viper because that transaction will hamper your sale. It might, but that's what a free market is all about. The value that you attribute to your Viper is just that, YOUR value. If you find a buyer at YOUR value, that certainly would suggest it, in fact, is at "market". If not....

 

[Dads Toy]

I think your price is a steal from the looks of the car. if this was 17 months later you would have me as a buyer. don't go down on your price unless you really need to sell it. I am waiting to be debt free before buying my next toy. good luck to you.

 

[mike & juli]

Re: Viper "Pact" to HOLD the sale price of our beloved Vipers!!

You are correct. I was in a hurry so I did not review my post. I guess I have so much love for the cars that I hate to see them go down in value like a C56 corvette.

I see that the title is edited...! AND I hear what one guy said, actually PACK DID sound pretty good, considering we all need to stick together...but disagree that pact means a cult...just means like a verbal contract? I DO wish you the best of luck selling. ~juli

 

[agentf1]

Stick to your guns, I think most people know what their car should be worth. It is a known fact that it takes a LONG time to sell a Viper, that is just how the market is. Nice cars will demand a premium. Hopefully a few morons caving in and selling their cars cheap won't kill the market value for everybody else, it really shouldn't.

I just bought my low mile GTS for a premium price from BJ Motors last year and I would not let it go for a penny less than I paid for it. Thankfully I have no intention of selling it as it has been my dream car for years and it wil continue to be. God willing I will own this car for many years to come and will still own it and enjoy it even when it becomes a Barret Jackson collectable. I hope somebody, probably my wife will be able to cash in on it once I die. If not, I had fun with it anyway.

Point being, if you can hold your guns as you will eventually get what it is worth providing you give it time. Vipers have always been notorious for holding their value as well as taking forever to sell.

Joining the pack, I mean pact.

 

[ontilt]

I have my mint 5500mi 02 ACR listed at 51K which I think is fair especially comparing to what is out there, its not moving and I have received numerous offers for 30-40 K. It will just sit I guess........

 

[93 Cobra R]

A member here just posted how he bought a 1996 17k blue and white with a clean title off ebay for 36k.

**the following is a sarcasm post - no flames please lol**
<sarcasm> That's another example where ebay set the value. Considering the '96 B&W's are considered one of the most sought after and bring about twice the price of a comparable Gen I...that sets the value of the Gen I's in at about $18k. </sarcasm>

Seriously, I know it is frustrating and I know we don't like to accept this fact, but a Viper will be affected by the evil forces of depreciation. Granted, the Viper isn't a typical automobile, but it can probably be associated to the history of our modern-day collectibles such as Shelby Mustangs and Stingray Corvettes - although, in my opinion, not to the same order of the AC Cobra or Daytona (please no hate comments from the purist lol). There were just too many Vipers built for the values to sustain themselves. Add in the energy and conservation issues that we face today and you have the same sort of parallel to the oil-embargo of the 70's and the values of those previously mentioned collectibles could probably be had for a few thousand dollars (if not less). I'm afraid history won't repeat itself in the same regard and the parallel will stop, because gas eventually fell and the popularity of the muscle/sports cars took off...so the outlook for the Viper may not be as pretty.

I'm sure there will be equal opposition to my opinion here, but I seriously believe that unless Viper production comes to a halt soon and/or gas falls to $1/gallon...depreciation will continue to bite in and cannibalize itself on the Viper for many years to come.

 

[agentf1]

I have my mint 5500mi 02 ACR listed at 51K which I think is fair especially comparing to what is out there, its not moving and I have received numerous offers for 30-40 K. It will just sit I guess........

What color? Sounds real cheap to me. I am guessing it is not Graphite with stripes, probably red? No disrespect intended to red owners. Even for red that is an awesome price and personally I would not sell it for a dime less. It all comes to supply and demand. There were a lot of red cars made. I always wondered why Blue and white held its value so well besides the fact it is an awesome color combo.

I hate to say it but these Viper price threads always go south real fast.

One thing is always certain, sellers usually think their car is worth more than it usually is and buyers usually say the cars are worth less.

 

[93 Cobra R]

What color? Sounds real cheap to me. I am guessing it is not Graphite with stripes, probably red? No disrespect intended to red owners. Even for red that is an awesome price and personally I would not sell it for a dime less. It all comes to supply and demand. There were a lot of red cars made.

I always heard the phrase "Resale Red" which indicates to me red cars tend to sell better. But from talking with dealers and brokers, a solid red Viper is a major stigma because there were relatively so many of them built.

Which is probably why I had such a hard time selling my solid red RT/10 - any other color combo with a rebuilt title would have probably held its value better.


Or, "stripe it and they will come"

 

[ViperJay]

mills, you have to realize that this economy is an anomaly right now. people are losing their homes and jobs. i personally know of numerous people that are going bankrupt right now. look on viper alley and every other post there is someone with their hand out. today, right this second, your viper would not pull in a good price but i dont think its fair to price it to this market. if you sell at the bottom and buy at the top you are guaranteed to take a hit. within 16 months your car will value correctly and will be worth high 20's or low 30's. ALL markets move in cycles weather your talking about housing, stocks, or twinkies. dont sell.

 

[bvk]

yeah I wouldnt be selling right now. You're competing in a market flooded with v8's, trucks, and other gas guzzlers that people are low-balling and buying, its just a buyers market for big engined cars. Try finding a clean, decent milage honda civic for a 'steal' price and its much harder.

 

[ontilt]

I have my mint 5500mi 02 ACR listed at 51K which I think is fair especially comparing to what is out there, its not moving and I have received numerous offers for 30-40 K. It will just sit I guess........

Yes RED solid no strips....There may be many red Vipers but even so a red 02 ACR is one of 79 and if you deduct the FE's that makes it 1 of 45.... I sure thought I priced it right....patience I guess.

 

[Paul Hawker]

Putting a post here complaining how low others have sold, and how difficult it has been to get a higher offer will probably not raise the prices on Vipers being sold.

 

[PDCjonny]

A member here just posted how he bought a 1996 17k blue and white with a clean title off ebay for 36k. Amazing deals are to be had.

With all due respect to that buyer, that car had it's radiator and fuel tank replaced among some other items, so I guess it all depends how you define "clean". He got a great deal it would appear, but still those are unusual items to have to replace on a 17K car. Still, it is a B/W.

 

[agentf1]

With all due respect to that buyer, that car had it's radiator and fuel tank replaced among some other items, so I guess it all depends how you define "clean". He got a great deal it would appear, but still those are unusual items to have to replace on a 17K car. Still, it is a B/W.

Things are not always as they appear. When you see these cars going for cheap there is usually a reason why. There are a lot of junk Vipers out there and very few nice ones. Atleast that is what I found from my search.

 

[RMBSRT]

You have a very nice car, but...

Cash is king right now and people are not willing to part with it. Look at how the auto manufacturers are bending over backwards to sell cars, especially big motor cars. Why would you expect anything less trying to sell a used one?

Sorry...kind of harsh but its reality right now.

 

[Mopar488]

Buying and selling is a game. I always try to buy low and sell high, simple. Set your price and when people tell you they know where they can get one cheaper, tell them they better go get it before the other seller changes their mind. Refuse to drop your price and patience will pay off in dollars.

 

[agentf1]

Yes RED solid no strips....There may be many red Vipers but even so a red 02 ACR is one of 79 and if you deduct the FE's that makes it 1 of 45.... I sure thought I priced it right....patience I guess.

Yes, I think it is definetly priced right, especially for an ACR. It just takes time to sell a Viper, especially in this economy. You may even be able to get more for it but it will not sell over night.

Clean Viper that have not been hit with under 10k on them are getting farther and fewer apart and should demand a premium. You just need to market it properly.

 

[malcoll]

** There were just too many Vipers built for the values to sustain themselves.

I don't know what world you live in, but 12,000 built in 10 years (approximate production of Gen 1 & 2 RT/10's) is not "too many built". It's not 200 per year, but still relatively low production, rare to see on the street, hand-built, and pure fun.

I have my RT for sale... I did drop my price to $30K... but I am determined to not sell below that price!! I'll just hold on for as long as possible!

 

[HHI VIPER]

As many of your know, I've been trying to sell my Viper for the last month at a very fair price. It's frustrating to read the many offers that I have gotten of non Viper owners that think they know what a Viper is worth. I own a 29K mile 1994 RT/10 that has a clean title and have it listed for $25,995. To me this is a great price for a Viper. I have gotten offers from $18K-$23K. Maybe it's just me but to me this is an insult! I know most buyers low ball when they give their first offer. But the guys that are making these offers are hard set that the Viper is not worth much at all anymore and there are clean title Vipers selling in the very low $20K all day long. From my search I did not see this and if it is true I think we should stop this madness!! It just takes one Viper owner giving in and selling a Viper in the low $20K to give these sh*t heads the idea that these car are not worth much anymore.

So, today Tuesday the 19th of 2008 I am making a "Pack" to not sell my Viper below $25,995. I will not give in to these sh*t heads! Am I the only one that is mad about this? I believe that the GEN1 Vipers will be a collectable and will go up in value in the next 10 years. I never thought i would see a Viper selling below $28K. Maybe I am just mad that I'm not going to VOI!

Economy, economy, economy!! IMO I personally would not try and sell anything right now unless I was in Dire Straits! I believe that late next Summer will be better for sales after talking with my Cousin at Merrill Lynch. If people want deals (steals), they might think about spending right before Fall or Winter "2009". Grab em while you can! His thinking is that pricing "SHOULD" start to rise a little then???? Maybe a little optimism on my part??? Your car is definetly worth the $$$!!! People try and lowball sellers right now because it's a buyers market. Hold tight if you can man! Just tell the lowballers they can pay $26K now or $30K+ when the economy gets better. I personally take great joy in laughing, saying "NO WAY" please do not call back and then walking right away from a lowballer when I have a "non negotiable" final price. I hate that crap!!!! I can understand being in the neighborhood of $1k-$3K off at that price, but $8K+????? Give me a break! Tell them not to waste your time!

 

[Schulmann]

Try to sell your Viper in Canada for $30000 ... and in this price you include transportation which should turn around $2000. Unfortunately automn is a bad time to sell but if you write up your add in a good manner you might be able to sell it.

A good web site to sell in Montreal area is LesPAC - Site d'annonces classées numéro 1 au Québec. Immobilier, Autos, Emplois, Rencontres et plus

This is a good Toronto based company to ship a Viper in Canada anywhere: TFX International. Specialized Vehicle Transport - Thank you


Try it !