It's about time!
During the turmoil of 2020, classic Dodge Viper sales flourished. It may seem strange that an often-overlooked vehicle like the first-generation Dodge Viper would see an increase in value during 2020, but according to the folks over at Hagerty, used Dodge Viper sales had their best year ever. So do this mean that 2020 was the year of the Viper?
Since its introduction in 1992, used Dodge Vipers were treated just like used cars. Sure, they were fast, rare, and special but on the used market Vipers regularly traded hands for the same price as a V6 Toyota Camry. This meant that Vipers were an accessible American supercar for many enthusiasts who purchased Vipers to fulfill their childhood dreams.
All of this changed in 2020 as Hagerty noted three specific auctions that signaled a new high for the used Dodge Viper market. First, there was the sale of Lee Iacocca’s personal first ever produced Dodge Viper, which sold for $285,500 at Bonhams’ Scottsdale. Then, two additional low mileage Viper sales on eBay saw transactions of $81,000 and around $94,000 set the stage for collectible Vipers everywhere.
When a 1995 Dodge Viper sold for $110,000 on the online auction site, Bring a Trailer, it was clear that first-generation Dodge Viper values were finally on the rise. After spending so much time on the affordable used car market, it's about time that classic Dodge Vipers are growing in value.
Sure, modern cars are faster, safer, and more comfortable, but the Dodge Viper reminds us of a time when analog cars were king. The opportunity to own an American built supercar engineered by Dodge with the help of Carol Shelby that features a V10 engine mated to a manual transmission is certainly worthy of at least a six-figure price tag.