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Why are used 06 Vipers selling low?

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Why are used 06 Vipers selling low?
Old May 20th, 2007, 10:21 PM   #1
OU812
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Why are used 06 Vipers selling low?

I'm thinking of selling my 06 coupe for an 08 so I have been looking at the used market. It seems for the last few months at auction the highest dollar is 65K with under 2k miles.

I bought this car below invoice but still, that's a 15k hit in 9 months, I would hate to be the guy that paid close to msrp. I think there was dealer trunk money which inabled the dealers to sell off there remaining inventory way under invoice. Or is it the 08 with more power.

Any other thoughts............
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Old May 21st, 2007, 12:26 AM   #2
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I could have bought a few new 06 verts out here for $69 at the dealer, but all they had was blue, red, and gray. Didn't care for any of the color choices so I passed them up.
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Old May 21st, 2007, 04:06 AM   #3
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How much more would my VOI9 get?

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Old May 21st, 2007, 08:57 AM   #4
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The prices are getting low so I can afford one.
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Old May 21st, 2007, 10:08 AM   #5
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I traded mine in on Friday for a whopping $61K. I got mine for Invoice minus the holdback of $78K. I had my car for 4 months and it had a whopping 1K miles.
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Old May 21st, 2007, 10:14 AM   #6
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Damn 61k? Looks like I'll have me a 06 Coupe sooner then I think.
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Old May 21st, 2007, 10:30 AM   #7
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Like realestate in many areas, it is a buyers market on GEN IIIs. However, I think it has bottomed out for now as when the '08s come out and people will not be able to get them for less than sticker (for a while at least), the prices of GEN IIIs will rise a bit, especially for ones with desirable mods that have been well cared for.
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Old May 21st, 2007, 11:08 AM   #8
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They keep dropping my Gen II will be worth more then a Gen III. LOL
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Old May 21st, 2007, 11:14 AM   #9
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Quote:
Originally Posted by 281cammer View Post
They keep dropping my Gen II will be worth more then a Gen III. LOL

Too late, my FE is already worth more than my 03 SRT.
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Old May 21st, 2007, 04:08 PM   #10
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So I guess I should feel somewhat OK about paying ~70K for my '06 coupe?


Think I'll just hang onto it for a while...
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Old May 21st, 2007, 04:17 PM   #11
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Sorry Bat, even the VOIs are getting down there. I think one sold on Ebay a while ago for $72k. But the asking prices are all over the place, whether anyone actually gets their asking price is the question. $70k seems to be a pretty common price now.
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Old May 21st, 2007, 08:11 PM   #12
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My buddy just bought an 06 white with blue stripe VOI for $66 with 1k miles on it and resold it a month later for the same price.
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Old May 21st, 2007, 08:58 PM   #13
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Well why are the yellow & blacks still stuck in the 76-80k range?
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Old May 21st, 2007, 09:11 PM   #14
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Quote:
Originally Posted by casey allred View Post
Well why are the yellow & blacks still stuck in the 76-80k range?
There were only 100 to 200 yellow cars made, they usually hold there value a little more than others.
If I remember correctly, I believe white is the least amount produced.
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Old May 21st, 2007, 09:16 PM   #15
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Quote:
Originally Posted by casey allred View Post
Well why are the yellow & blacks still stuck in the 76-80k range?
There not, I can buy an 06 coupe blk/silver stripes with the new wheels for 67k. The car has 1,000 mi on it and this is from a retailer.

It just sucks these great cars have taken such a dive, I know the Z06 boys are having a laugh right now, but they will drop as well as soon as the morons stop paying 5k over msrp.
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Old May 21st, 2007, 09:20 PM   #16
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81-82 solid blue verts made, 100 white/blue stripe coupes
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Old May 21st, 2007, 09:27 PM   #17
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We will see what happens to the Z06 price when the new Viper rolls out
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Old May 21st, 2007, 09:43 PM   #18
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Quote:
Originally Posted by OU812 View Post
There not, I can buy an 06 coupe blk/silver stripes with the new wheels for 67k. The car has 1,000 mi on it and this is from a retailer.


Did I say anything about black and silver???
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Old May 21st, 2007, 09:54 PM   #19
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Quote:
Originally Posted by Blue Batmobile View Post
How much more would my VOI9 get?

Bat™
I'm probably a bad example here since I am fairly new, but when I went Viper shopping a few months back (for brand new cars) the local dealers were having verts, right off the bat, at 69k. Before negotiations.

Coupes were a different story, walk-away for in-stock cars were well north of 80's. A certain dealer had 2 new VOI9s at 92.

Anyway, I had to have a Coupe and I had to have white so my options were limited, 80k was my range.

Meaning that I paid about 11k more that day because I wanted the new white coupe and not the grey vert.

So not sure that one can compare apples to apples here... some people want a Viper, others need to have a certain type or color and that is worth a premium.

Guess the market will be what it will be. But differentiate between just a general "Viper" label.
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Old May 21st, 2007, 10:08 PM   #