About 33,000 Vipers were built in its 25 year lifespan. About 600,000 Porsche 911s were built during that same time period. Ferrari built well over 35,000 cars in the past 5 years. In one year GM builds more Corvettes than the number of Vipers ever built. Do you think there is a chance Vipers might be considered more collectible that its competitors at some point in the future?
At this rate, never. Numerous factors are preventing from skyrocket.
1. The Millennial's don't know how to drive stick. That eliminates 99.9% of all future collectors.
2. It's a Dodge.
3. Current owners drive the piss out of their Vipers.
4. Missing throttle cable clips & green doohickeys.
The only Vipers that will be collectible are Copperheads, Ronald McDonald, and Dolphin versions. There may be one original ketchup and mustard Viper left as most 2nd/3rd owners burned theirs. The location of the Dolphin version is unknown, most likely locked away in a museum vault.
Maybe 10-15 yrs. I imagine it will follow the price timeline of the Panteras and entry level Ferraris ...remember about 15 yrs ago when 308gts and Panteras could be had for 25k all day long..
Vipers will never follow those trends. The demand is just too small.
Not to mention the fact that in 10-15 years the current generation of collectors will be aging and there are fewer and fewer young people interested in the car hobby. Look at value trends across collector cars as a whole the past few years. It's a dying niche.
We're already seeing a precursor of this phenomenon with pre-war vehicles. I recently had a friend whose mother died and left him a perfectly restored 1932 Dodge. She'd put 60 grand into the car. The best offer he got for it was about $10,000. If he'd wanted to trade it straight-up for a 15-year-old Honda Accord, I'm not sure he'd get any takers. There's not much market for a car that can't keep up with modern traffic and which requires a lot of care to keep going. But he considered himself lucky to sell it at $10,000 because he concluded, rightly, that it would be worth even less if he kept it a few years.
Don't get me wrong. The Porsche 917K that won LeMans will always be worth real money to someone, as will historically-significant examples of hugely important names like Corvette, Mustang, or Ferrari. But the bulk of the collector-car iceberg isn't established-provenance champion racers in a billionaire's heated underground enclosure; it's semi-valuable stuff living behind the third door of some retired drywall contractor's Florida garage. The moment those guys can't take their Roadrunners or Berlinetta Boxers out on a Friday night—even if that's something they haven't gotten around to doing in years—the value of those vehicles will drop to slightly above scrap.
Which brings me to my air-cooled 911. I'm saving it for my son, who is eight and a half years away from getting his license. Should I sell it and put the money in an account for him? Or should I do the romantic thing and keep it ready for the moment that he can drive to prom night? What if he winds up not caring about it at all? What if, when he comes to me 30 years from now to talk about my estate planning, what really piques his interest is the stack of old and dusty, but very much legal and usable, bicycles in the basement?
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