Looking to Sell One of Your Cars? Here’s Why It Should Be Your Used Dodge Viper.
At this point in my career, I’ve driven, sold, owned or raced just about every car there is. But, at one point, I was just a kid learning to drive a stick in my dad’s 6-speed manual transmission Dodge Viper.
Dodge started producing the two-seat sports car in 1992. My dad bought in pretty quickly, and was the first Viper owner in Missouri. My family owned the car for almost two decades. I’ve since sold dozens over the course of my career in the industry.
And, man. The Viper is one cool car.
But, as an industry expert, I feel obligated to tell you: the market value of your Dodge Viper has plateaued. Supply and demand have reached equilibrium, and the Dodge Viper market has stabilized.
Like most car enthusiasts, you’re likely looking for a car to sell and a car to buy. You should sell your Dodge Viper. The market is not going to go down and it’s not going to go up, at least not by a measurable number.
If you’re a collector, there isn’t much incentive to keep your used Dodge Viper. I’m pretty confident that if you want another Viper in 2-3 years, you could easily come back to it for the same price you’d sell it today.
But let me explain my reasoning.
A brief history of the Dodge Viper: 1992-2010, 2013-16
When Dodge released the V10 engine Viper in 1992, the car community was impressed with the minimalist, yet strong design of the sports car.
But, when compared to its closest competitor—Chevrolet’s Corvette—it is very expensive. Rightfully so, in my opinion: the Viper has more horsepower, more unique technology and, of course, is more aesthetically pleasing. Still, Dodge struggled to sell the Viper.
Dodge continued the Viper project from 1992 to 2010, when they killed the project because the Viper just wasn’t selling. The Viper made a brief comeback from 2013-16, but that iteration wasn’t particularly successful either.
And then the price went into freefall. MSRP dropped from about $130K to about $60K, depending on the miles and options. Viper owners saw their cars’ values cut in half in a short time.
As the price bottomed out, demand finally caught up with supply. At $60K, the Viper became an attainable goal for the average working man. As demand increased, so did the value of the car, and the MSRP slowly crept back up.
Which brings us today. The market for Dodge Vipers — especially Gen 1 and Gen 2 coupes — is hot again.
It’s a lot of car for the price and car lovers everywhere want to cash in, making it a good time for you — a Viper owner — to cash out.
Sell your Viper today for its Kelley Blue Book ICO
As the owner of I Buy Luxury Cars, I do deals every day on cars, so I know the market better than anyone. I will pay you fair market value for your Dodge Viper. If you’re serious about putting your used Viper up for sale, I will buy it for its Kelley Blue Book Instant Cash Offer. I’ll present you an offer in 20 minutes and wire you the cash in 24 hours.
So, go ahead and use that money to enjoy another car for a couple years. For suggestions on your replacement, look to my monthly Value Play on the I Buy Luxury Cars blog.