Will new coupe hurt our values?

[FinalEd357]

After reading the current VCA magazine, I wonder about our GTS. I love my FE #357 of the 360. I think many people love the Gen 2 cars and identify "Viper" with the GTS model (opinion). The 06 coupe looks to be improved over the earlier model released @ auto shows. The coupe looks similar to our GTS, has more power, better brakes, and other improvements. I thing Dodge has put a 'muscular' look back into the coupe (no offense 03-05 srt-10).

Will our values drop quickly (since our car will be less-unique)...??? Thoughts? Opinions? How many will sell the GTS for the new Coupe? Thanks,

 

[sween]

i say yes, the new coupe will drop the gts value. but almost everyone else on this forum will disagree with me. you have nothing to worry about because you have an FE your value wont drop that much (maybe only 1-3 dollars). i think the gts values will drop because if they stay as high as they are now, people just need a little bit more money to get the coupes. so i think the red gts are going to be in the high 30Ks, the other ones in the 40K-48 (except for rare colors like saphire blue and rare models like FE and acr).

 

[Austin]

i say yes, the new coupe will drop the gts value. but almost everyone else on this forum will disagree with me. you have nothing to worry about because you have an FE your value wont drop that much (maybe only 1-3 dollars). i think the gts values will drop because if they stay as high as they are now, people just need a little bit more money to get the coupes. so i think the red gts are going to be in the high 30Ks, the other ones in the 40K-48 (except for rare colors like saphire blue and rare models like FE and acr).

You do drugs, dont you?

 

[Chuck 98 RT/10]

They will have no affect.

 

[v10kingsnake]

They will have no affect.

agreed!!!

 

[Supercharged Vipermad]

i say yes, the new coupe will drop the gts value. but almost everyone else on this forum will disagree with me. you have nothing to worry about because you have an FE your value wont drop that much (maybe only 1-3 dollars). i think the gts values will drop because if they stay as high as they are now, people just need a little bit more money to get the coupes. so i think the red gts are going to be in the high 30Ks, the other ones in the 40K-48 (except for rare colors like saphire blue and rare models like FE and acr).

You do drugs, dont you?

I concur.

 

[sween]

of course everyone gonna disagree with me, after all it is the gen 1/2 forum. everybody just wants there viper value up. and about that drug question dont ask jk

 

[forensicsteve]

How much is the new coupe? 84K or thereabouts. There will still be a strong market for GenIIs at 20 or 25K less. Unfortunately, although it looks a lot like the GTS, remove the stripes and from some angles it looks a lot like a C6 coupe. I would like to see an unstriped 06 coupe next to a C6 coupe at similar photo angles.

I drive my GTS daily in traffic and there is no mistaking it for any other vehicle. It screams Viper...

 

[sween]

nobodys gonna get this mixed up with the vette

 

[ViperBite]

You will find all sides to this issue. Why worry about it? Enjoy what you have and let the market decide. Also, your FE is rare but not so rare. My 02 is only 1 of 37 for the same year as your FE and 1 of 145 total. There are many more out there that are rarer as well. I also don't think the new Coupe makes our GTS "less unique". The GTS is very unique and will hold its appeal for many years to come. Personally I think it is a timeless design. I classify the GTS as a **** design while I see the new Coupe as meaner. Or curves versus angles.

I disagree with the concept that GTS will drop because a little more money and your into a new coupe. Sorry but your "just a little bit more" is pretty damn big to me. Pristine 02 GTS is $60ish. 06 coupe is over $85. Thats big to me. I admit it, I am poor.

 

[YouWish]

Sween shut the f*** up you have no idea what your talking about. Get a Viper first then you can be a "authority" on it. I love these kids that come on the site and they act like they know everything about the Viper.

 

[forensicsteve]

At that angle and with those stripes I agree. No doubt about it that is a handsome automobile.

 

[sween]

i agree the gts is a time less design and it always will be. BTW by little bit i mean after a few months the price will drop on the new coupes (like the verts) which will bring the value closer. once the value gets closer (i think) thats when the prices will drop.

 

[sween]

ill give up im never gonna win on this forum.

 

[v10kingsnake]

i agree the gts is a time less design and it always will be. BTW by little bit i mean after a few months the price will drop on the new coupes (like the verts) which will bring the value closer. once the value gets closer (i think) thats when the prices will drop.

don't they have an s-10 forum for you to chat at.

 

[ViperBite]

Win, what can we win on this forum?


Sween:

I hear Viper Alley is a much more accommodating group of guys. They are always willing to listen to others viewpoints and debate the merits of the issue. I kind of equate that site to the Corvette site, I mean nothing but purests and they always welcome the new guy. If you have not been there give it a shot.

 

[Whoaa GTS]

i agree the gts is a time less design and it always will be. BTW by little bit i mean after a few months the price will drop on the new coupes (like the verts) which will bring the value closer. once the value gets closer (i think) thats when the prices will drop.

I had to read this a couple times before I realized how useless this particular post really is. If the price of the coupe drops in a couple months a little how would that have any real effect on any of the gen 1's or 2's? Why would you worry about the price of the Viper if you don't have one??????

 

[DEVILDOG]

Don't care. Keeping my GTS.

 

[BLUESNAKE367]

If anything, I M O the new coupe will only bring more attention to the gen 2 vehicles, the new coupe is a evolution of the GTS, you are witnessing the birth of a soon to be prised collectable classic.

This is awesome, I was lucky enough to witness the same thing happen to the 60s and 70s muscle cars, and look what they are getting now a days....my2c

 

[Fishtail]

Don't see any affect here.

 

[Bill B]

I don't give a crap what the values are. I own the Gen/style that I want and that is all that matters. If you bought this car for an investment you need to take a closer look at your portfolio.

 

[Bobpantax]

I believe that the two vehicle are sufficiently different to not impact each other except where owners of the Gen II GTS hold onto their vehicles instead of buying the new coupe. This reduces the number of potential buyers for the new coupe and may act to keep the deal price down on the new coupe.

In addition to the design difference, the differences in the seats, gauge layout, engine access ( the clamshell hood is costly, but gives better engine access), and price act to protect the earlier GTS. An individual can buy a cherry, almost new GTS for about $55,000. The 2006 GTS with gas guzzler tax will sticker at $86,995 plus sales tax and tag. I prefer the style, seats,gauge layout and hood type of the Gen II GTS. Logic suggests that if you buy the Gen II, you can upgrade the brakes, handling,and power to 2006 performance levels or beyond for far less than the price difference. Of course there is also what I call the "kid" factor. Kids still run into the street when I pass by in my 1999 GTS. Adults constantly give me a thumbs up. People in cars driving by, at malls, and at stores use their cell phones and digital cameras to take pictures. The Gen III does not get the same response. No flame intended on the Gen III. It is a great car. It just does not have the same feel or edge of the Gen II GTS. Just my two cents.

 

[BLUESNAKE367]

I don't give a crap what the values are. I own the Gen/style that I want and that is all that matters. If you bought this car for an investment you need to take a closer look at your portfolio.

Bill, well enough stated, I love the way you cut through the B.S. ....

 

[big-n-italian]

<< Don't care. Keeping my GTS. >>

I think DEVILDOG said it all.

I think it is about supply and demand.

1. I think the demand will always be there for our Gen 1&2 cars.

2. Not that many cars were made.

3. Current supply can ONLY remain the same or keep dwindling.

4. Many Gen 1&2 owners, including myself, have no intentions to ever part with their cars.

I personally cant see the prices dropping much further, and only see the prices rising at "?" pace over "?" time in the future.

my 0.02

 

[Whoaa GTS]

. Of course there is also what I call the "kid" factor. Kids still run into the street when I pass by in my 1999 GTS. Adults constantly give me a thumbs up. People in cars driving by, at malls, and at stores use their cell phones and digital cameras to take pictures.

While at work I have parked my car next to a brand new Aston Martin Vanquish, and the other night next to a new 360 modena spyder. The Vanquish and the ferrari might as well had not even been there. The best part was when a young girl came out with her parents and said she was going to pick out her favorite car on the strip. She picked mine, and the Vanquish owner heard it hahahhhhaah. On that same night a biker drove by my car as i was getting in and said "Viper GTS right? don't those run a quarter of a mil? I just told him i got a good deal on it

 

[YouWish]

I believe that the two vehicle are sufficiently different to not impact each other except where owners of the Gen II GTS hold onto their vehicles instead of buying the new coupe. This reduces the number of potential buyers for the new coupe and may act to keep the deal price down on the new coupe.

In addition to the design difference, the differences in the seats, gauge layout, engine access ( the clamshell hood is costly, but gives better engine access), and price act to protect the earlier GTS. An individual can buy a cherry, almost new GTS for about $55,000. The 2006 GTS with gas guzzler tax will sticker at $86,995 plus sales tax and tag. I prefer the style, seats,gauge layout and hood type of the Gen II GTS. Logic suggests that if you buy the Gen II, you can upgrade the brakes, handling,and power to 2006 performance levels or beyond for far less than the price difference. Of course there is also what I call the "kid" factor. Kids still run into the street when I pass by in my 1999 GTS. Adults constantly give me a thumbs up. People in cars driving by, at malls, and at stores use their cell phones and digital cameras to take pictures. The Gen III does not get the same response. No flame intended on the Gen III. It is a great car. It just does not have the same feel or edge of the Gen II GTS. Just my two cents.

Well said Bob thanks for the useful post.

 

[FinalEd357]

EZ tiger. I wasn't meaning to say any of us considers the value of our car as part of our portfolio. I've just always enjoyed the GTS standing out, and if the new coupe was going to be TOO-similar, I would consider upgrading now, prior to our prices dropping further. I have no immediate plans of selling. I tell ya, I enjoy the 'kid' factor mentioned earlier more than anything. I just love letting kids sit in it and enjoy it close up. It sure make their day, and their parent's day.

 

[WILDASP]

You Wish,I agree with you,Bob,Bill and DEVILDOG on this one;although I own and like a GenIII,the GenI & II Vipers are classics. IMHO,the GTS/ACR series remain the best-looking Vipers to date.While I personally prefer the handling,seats and dash layout of the GenIII,I have driven a GenII(ACR),and understand why many of you prefer that particular feel.To each his own-long live ALL our snakes and the Viper Nation!

 

[Joseph Houss]

I agree with Bluesnake.

I think the new Coupe will re-ignite interest in ALL Vipers (to existing owners and new prospects alike), and considering that the Coupe... is a Coupe, there will be many drooling over the new coupe, and may not have the "funding" to purchase new, and surely will consider the gen2's as a logical, cost effective option.

Thanks Ralph Gilles for once again, making things right!

 

[BlueGTS]

i say yes, the new coupe will drop the gts value. but almost everyone else on this forum will disagree with me. you have nothing to worry about because you have an FE your value wont drop that much (maybe only 1-3 dollars). i think the gts values will drop because if they stay as high as they are now, people just need a little bit more money to get the coupes. so i think the red gts are going to be in the high 30Ks, the other ones in the 40K-48 (except for rare colors like saphire blue and rare models like FE and acr).

It is posts like these that I just do not get... How in the heck could you know that Sapphire cars and ACR's will hold their value better than other GTS's? Viper pricing is about supply and demand. Without the demand for your expertly chosen "rare" Vipers it does not matter how little the supply.

On a different note, I do not think the GTS prices will be affected much at all. The current spread in price from a 96-02 to a 06 is ~30k. One really will not affect the other much as they are not competing on price. The GTS’s will continue to depreciate as they always would but, with or without a new coupe. Anyone who thinks a good GTS will be able to be had for 25k in 2 years because of the new coupe will be in for a rude awakening.