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SRT10 and SRT10 Coupe Discussions (2003 and Up) For technical and general questions and discussions related to the "GEN III-IV" SRT-10 convertible and Coupe Vipers (2003+).
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Old 05-10-2005, 11:59 PM   #1
TOPGON

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Default MILEAGE IMPACT ON VALUE

There are so many SRT's with very low mileage and I tend to drive mine at least 4 and sometimes 5 days each week. I wonder if my car has about 35K to 40K miles when it's time for a new Viper would this higher mileage have a greater impact on the value BECAUSE it's a Viper than for example a Corvette? By the way I'm still going to drive it often as each drive is an event!
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Old 05-11-2005, 12:20 AM   #2
SRTRICKY

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Default Re: MILEAGE IMPACT ON VALUE

Don't worry about the resale...enjoy the car. I personally don't drive it on crappy days. Only on nice sunny days and have put on 1450 kms in about a month and a half thats about 901 miles. About as much as some 03's have. I don't think I drive it enough!
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Old 05-11-2005, 05:57 AM   #3
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Default Re: MILEAGE IMPACT ON VALUE

On a Sunday morning, after picking a destination, I go for a nice long cruise. Once there I drive in reverse the same route home. I still have 11 delivery miles on the car.
P.S. I never registred the car either. Every month I take a trip to the DMV and get temp tags....
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Old 05-11-2005, 07:57 AM   #4
DSR207

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Default Re: MILEAGE IMPACT ON VALUE

Quote:

"On a Sunday morning, after picking a destination, I go for a nice long cruise. Once there I drive in reverse the same route home. I still have 11 delivery miles on the car.
P.S. I never registred the car either. Every month I take a trip to the DMV and get temp tags...."

You too ??

Mileage impact value on all cars, more so on sport cars. I bought my car for fun and not as an investment, so I drive it a lot.....Don't worry about the resale...enjoy the car (RICKY).
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Old 05-11-2005, 08:38 AM   #5
Sellshomesdrivesviper

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Default Re: MILEAGE IMPACT ON VALUE

I've owned my car for almost a month now and still have the same original 3-miles on it. I'm still waiting to drive it for the first time.

Its real easy to do, just call UNReliable Carriers to pick up your new car from the dealership and deliver it to you.
And it stays clean sitting in the dealership showroom.

By the time they deliver it to you, it will be an antique and much more valuable.

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Old 05-11-2005, 09:26 AM   #6
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Default Re: MILEAGE IMPACT ON VALUE

I bought a nice trailer to match the Viper. I have the wife tow me around town. I can wave to eveyone and not worry about hitting the car in front of me. I get great gas mileage and only have 100 miles on the car. Just enjoy it, you only live once!
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Old 05-11-2005, 09:57 AM   #7
TOPGON

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Default Re: MILEAGE IMPACT ON VALUE

OK OK I get it as I said I plan on driving the wheels off it anyway and even in jest your points are well taken. Thanks I think?
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Old 05-11-2005, 10:47 AM   #8
BigCarrot

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Default Re: MILEAGE IMPACT ON VALUE

My last Vipers sat around a lot more than they should have, because I was always worried about racking up miles. I made a concious decision to drive the hell out of this one. I've had my car for four or five months, and I've already put almost 3k on it. Oh, and it was in the shop for a couple of those months!
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Old 05-11-2005, 10:54 AM   #9
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Default Re: MILEAGE IMPACT ON VALUE

Quote:
On a Sunday morning, after picking a destination, I go for a nice long cruise. Once there I drive in reverse the same route home. I still have 11 delivery miles on the car.
P.S. I never registred the car either. Every month I take a trip to the DMV and get temp tags....

LOL , that is the best
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Old 05-11-2005, 11:06 AM   #10
Vipper Rich

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Default Re: MILEAGE IMPACT ON VALUE

Quote:
I've owned my car for almost a month now and still have the same original 3-miles on it. I'm still waiting to drive it for the first time.

Its real easy to do, just call UNReliable Carriers to pick up your new car from the dealership and deliver it to you.
And it stays clean sitting in the dealership showroom.

By the time they deliver it to you, it will be an antique and much more valuable.


where is this car comming from? I just got my yellow 05 here in South Florida and drove it home the same day (i guess the same time you brought yours last month)
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Old 05-11-2005, 01:18 PM   #11
29OUTLAW

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Default Re: MILEAGE IMPACT ON VALUE

I went out to KBB and plugged in two identical 2002 GTS - one with 3,000 miles and one with 36,000 miles.

The one with 3,000 miles came back at about $53,000
The one with 36,000 miles came back at about $50,800

Not much difference in my opinion.
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Old 05-11-2005, 01:20 PM   #12
SRTRICKY

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Default Re: MILEAGE IMPACT ON VALUE

KBB doesn't matter...Would you have a hard time deciding between a 3000 mile gts at 53k and a 36,000 mile gts at 50.8k

On the other hand you already know your taking a big hit when your selling it so why would you preserve the car for someone else?
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Old 05-11-2005, 01:42 PM   #13
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Default Re: MILEAGE IMPACT ON VALUE

It is 2006. You are looking for an 2003 SRT-10. You come across two red ones, both bone stock and in great condition.

One has 3k miles and is $49k
The other has 36k miles and is $45k

Which would you buy? That is the more reality-based question.

Ricky is correct...except....when you preserve something, you are not preserving it for the next owner; you are preserving your investment. If the money means very little to you, then whatever you buy...use it up.


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Old 05-11-2005, 02:37 PM   #14
BigCarrot

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Default Re: MILEAGE IMPACT ON VALUE

Yeah, hanging on to a car for 3 or 4 years and always worrying about the miles is a beating. Hell, I piss away four grand in a weekend sometimes! Why not enjoy the car, and not worry about the value dropping a little bit? It's not that big of a deal if you look at the big picture.
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Old 05-11-2005, 02:48 PM   #15
Sellshomesdrivesviper

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Default Re: MILEAGE IMPACT ON VALUE

Vipper Rich,
I bought it from out of state.
I didn't feel like paying dealer invoice, let alone MSRP and the several thousand dollars in savings was important to me at the time.
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