Y are we letting our Vipers value drop?????

[garolittle]

<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by VIPR GTS:
when I climb in and drive down the street I have the best feeling I have ever had in a car.
<HR></BLOCKQUOTE>

Actually, the best feeling I ever had in a car occurred when I was in high school. I can not remember her name, however.

 

[VIPER BIT]

Sorry guys, I am afraid I might be partially to blame here. I have waited (& waited, & waited, ....you get the picture) to get one of these beasts. I knew as soon as I got one, the prices would drop. Well, a couple of months ago, I was finally able to get the perfect Viper that I had waited for. Call it coincidence if you want, but I knew it would probably happen...
The only thing, I am like many other owners that have posted on this topic in that I am not too worried about the prices at this time (or anytime in the near future) due to not planning on parting with this beauty! But, I did want to chime in & apologize to those that are currently trying to part with their's.
Good luck!!

 

[Vreracing]

I see the same comments on the Porsche boards about declining prices.

Interesting I also noted some Supra bashing also on the Porsche site. I was wondering where the Supra agitators had gone. I think there probably are only about 2 or 3 people that travel from web board to the web board that merely mention the word Supra and it gets people all agitated.

I think most enthusiast cars are following the typical pattern of

20% drop off lot
10-15% per year thereafter.

70K Viper
Off lot=56K
1 year=51K
2 year=46K
3 year=41K

Most cars keep falling, but Vipers may hold stable.

I discussed this with my brother. He's a drive a car into the ground person, and only worries about the initial cost.

 

[Paul Fischer]

How'd you like to be the guy that has his new Ferrari spanked by a $30k Viper? Thaqt's gotta feel good

. The Viper is a hell of a value at MSRP, at half it's that much better and it lets real car guys get their hands on them instead of the bucks up posers that are scared to get on a race track and use 'em the way they were intended. A GTS with the $30k depreciation it lost put back under the hood is a 1000h.p. rocket sled like no other. I've had a couple of tough years but now I'm shopping again and the current prices make it possible. Quit whining and drive!

 

[Patrick99gts]

Or a 30K Viper by a 5k R1. Sure I see your point.

 

[Patrick99gts]

Nobody was whining. Trent was just trying to make a point and I couldn't argree with him more.

 

[agentf1]

My 401k hasn't been holding up to well either. NOTHING is holding its value lately.

 

[fast?]

the reason i started the post was (not to whine) but the ridiculous prices that supras are being bought and sold for since they stopped production and since the fast and furios flick.

we as owners now do dictate the prices of our first and second generation snake and that was my point. i also plan to keep my viper for a long time.

but with the prices falling so fast and people selling so cheap, all the people buying ricers, camaro,vette and so on... will and can have a viper. not so exclusive anymore, huh?

 

[RSenn94RT10]

Looking over the investments I have made over the last two years, the value of the Viper has held up much better than the value of the stocks and mutual funds I bought.

And the dividend is pure driving pleasure.

 

[Patrick99gts]

Trent,
I agree with you 100%. They don't feel as exclusive as they use to be. Especially when their going for so cheap.

 

[Birvini]

Bill P from Woodhouse, where are you to explain this stuff????

Watch what you say, it could come back to haunt you!!!!!

 

[Tom and Vipers]

What prices are the Supras getting?

One thing to keep in mind. These so-called ricers show up at the machine shop and say they want 35 lbs of boost and a 300 shot of NOX and "Here's $20,000. If you need more money, let me know and I'll bring more." Then you have the old school geezer complaining about $100 in his $900 shop bill to rebuild his small block Chevy.

My guess is that they value mods (do modded Supras bring a premium?)

While I don't know if the F&F crowd is unique, it is clear that most modded cars suffer a loss in value.

However, a meticulously modded car that super performs may be another thing no matter what the marque.

One thing about most ricers, their cars are mundane. Actually sleepers. No, actually loads in their stock form. So they have no intrinsic value - something a Viper or Muscle Car or Corvette will always have.

I sure would not want to invest money in F&F Supras long term.

 

[BADVENOM]

Stop worrying about how to control the price of vipers and go out and enjoy.. Mod the $hit out of it and make it your own..I did and still are..DLM supercharging and intercooling as we speak..Talk to you next week Doug..LOL

Adam

 

[Sam 01 RT10]

Wow, this got dug up from almost one year ago, LOL!

I just drive mine every chance I get, that's how I get my money's worth.

 

[ViperJoe]

Adam, you been in the archives again????????
Someone put a lock on that door! LOL!!!!!!!!

 

[BADVENOM]

hey joe just having some fun...Besides my 49ers are kicking the crap out of the rams so I got bored..And of course since theres no viper in my garage I'm really doing squat!LOL

 

[ViperJoe]

Hey Adam, you MUST be having severe withdrawals!! Guess you'll have to start modding the work truck and family grocery getter! LOL!!!!

 

[SNKEBIT]

I think it's kinda funny that the doomsday sayers were panicing that they were going to lose thier *** because the viper wasn't going to be worth squat by this time!!!!!! The viper fooled them!!!!!!!!