Honestly I do not agree that it is covid related. While it is true that inflation is through the roof used cars in general are up 27-29% more or less which is not even close to double or triple as experienced in this brand.
Instead, I opine that five years subsequent to the factory closing it is really starting to sink in that you cannot order the car any longer. This drives value increase in addition to the other factors listed above. Even collector car outlets such as Haggerty have written articles about how the car checks every box for collectibility.
Just today several states (IL, NY, NJ, RI, MA) announced the start of endemic by getting rid of mask mandates. As covid continues to calm down and everything gets back to normal I predict that values will not only fail to dip but will instead continue to climb. My previous value predictions have all come to fruition.
I also predict (I owned a Lamborghini for four years) that your ACR will exceed the value of your performante in the long run.
Exclusive does not necessarily mean desirable.
Outside of the Viper community, no one is going to know or care about obscure special editions, especially ones tied to a dealership.
A GTS-R won't suffer from that.
7,5% inflation announced today, for the last 12 months.
At this rate, in few years even if an ACR is selling for 500k it won't buy much more than 250k today....
To some extent, most certainly Covid related.Honestly I do not agree that it is covid related. While it is true that inflation is through the roof used cars in general are up 27-29% more or less which is not even close to double or triple as experienced in this brand.
Used cars in general are not comparable with collectors/investment cars. There is a major investment bubble happening for the last 20 months or so and people are hunting for the next big profit thing... Viper seems to be one of them.
The real question I think is HOW RARE are the low milleage gen 5 ACRs, compared to other highly sought-after iconic cars, such as the Ferraris, Porsches, Ford GT & vintage Mustang.
200 total? Less?
I have multiple offers (1 guy local to me) ready to give 250 cash. I have not listed it anywhere but just a simple FB post saying I was thinking of selling. I am still very torn on if I want to part ways with it or just keep it in my collection long term because of how special it is.
$250k cash?
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Haha damn that easy for you guys eh? I guess I think it will be worth even more one day or highly doubt it will drop much anytime soon?
It probably will rise in price but I am doubting you're hurting for cash. That being said you have limited time with a family and work from what I saw so selling it would give you the ability to try a new toy. Hell, if you miss driving a Viper you could grab another Gen V non ACR and have the same fun on the street and save a bunch of cash for who knows what. Life is short so enjoy whatever you have and have what you want.
If you're on the fence you're probably not ready to sell. Just my opinion.![]()
Great discussion, great comments, tough decision. Whenever you feel like you have an itch to sell, go for a drive. Roll down the windows and listen to that beast as you row through the gears. There's nothing like it. And I mean nothing. Every time I come back from a drive and park it in the garage, I look back at it and think to myself "I can never sell this thing".
And part of that comes from the fact that I've been there, done that -- I've sold vehicles that I knew I should have kept and still regret some of those choices. I promised myself not to let that happen again. When I sell, it will be because I am done with sportscars altogether and onto other interests (I have many, but motor oil runs in my veins) because there really is nothing else that I could see giving me greater enjoyment as a driving purist. A Gen V ACR-E is a race car with a license plate.
As for values, they'll keep going up. Inflation is here to stay, and it's a nasty bitch once it gets rolling. The other price driver is demand. We're increasingly becoming a luxury society and we enjoy possessing and showcasing things that others cannot have. Thus, hand-crafted automobiles are becoming appreciated like fine art -- people with money (and there are lots of them now) are competing feverishly to have pinnacle goods and they cherish most highly the ones that are very limited, or very unique. Take a look at NFT values, which is all about this competitive quest to have the only one of some thing.
And ViperNC hit the nail on the head with his comment about how there are so many Ferrari/Lambo/Mac/Audi/Aston/Porsche cars out there and all the air gets sucked out of the room as soon as an ACR-E shows up. It wasn't always that way, but it's becoming that way more and more, and I expect that phenomenon to continue. And speaking of NFT's, you'll very soon start seeing an entire new generation of wealth start competing for desirable cars. As a result, I can easily see a massive explosion in pricing in the next 10 years that will make the current run look like nothing.
So, what to do? I think you need to take the value equation off the table. That's a long-term proposition and while excellent imo, it will require diamond hands. And you can also make money in plenty of other places, as others have stated. But the real question is whether the car gives you the feeling that it gives me... that feeling after a spirited drive when you tell yourself there's nothing you'd ever want to replace it with. If you don't have that feeling, then sell it.
From a money point of view it's an easy choice. But from a "real life" point of view....not so much.
- go for a drive...a long one
- clean it up.
If the whole process takes less than an hour. Time to let it go. If it takes 3+ keep it. By the end of that you will know how much you will miss it.
It's only a freaking car. Should be about 99 out of 100 in life's priorities. I've sold dozens of cars including 6 Vipers (soon to be 7) and could not possibly care less about them. Move on.
If you have a 250k offer with 9k miles, I'd take the money and run.
While to some it may be just a car but to some it may be the life long achievement of hard work and savings. It could be something that represents a bond you had with a father or brother and it means more than any other 4 wheeled appliance on the road. I wouldn't say the OP is in that bucket but to some it's not just a car.
Consider yourself to be of the few who had the pleasure owning and selling, and not caring, for 6+ Vipers. Not everyone is in that boat where they can do that. I know I can't but if it came down to it I could sell the car without hesitation if I needed but in the same breath I don't treat it like a cup of coffee.
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