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No need to be sorry Ken, I have a life, saddly, you do not, happy to see you are gone as you have nothing to say of any import.

Nice to see you Gone, adious Ken.

Goodbye.
 
Ken I saw several shelbys at my dealer, when they first come out. $85k on the winsheild. They sold both of them for $82k to a husband and wife. I wouldnt pay it. But Bill is not lieing. Early on the dealers were ripping of customers that had the $$$.
 
Ken, not to start anything but Bill is correct on this one. in 06 before the 07 gt500's came out the rumor was that they would sell for $56k give or take a few. Then there was a big surprised to everyone not long before they came out when the price jumped to $85k. A lot of people were shocked and had a lot to say about it and about how it wasn't quite the caliber of an $85k car. However ford knew that people would have the opinion carey has that they are collectors and worth a ton just because of the Shelby name. Im not saying carey is wrong or would pay that much but a lot will and did. And the price has come down on them alot because enough people were not falling for the pay $85 just cause its a shelby thing







**(im not sure if it was 06 and 07, or 07 and 08, it seems like its been forever since they came out)
 
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Keep one thing in mind, Ford did not raise their price to $80-85K. The dealers did that because they had customers who wanted one bad enough to pay the dealer mark-up. This is something that has been happening with cars like this for several years now. The same thing happened with the Z06 Vette, the SRT8 Challenger, etc. It's called supply and demand. Free market.

That being said, I still think the Shelby's will hold their value better than the other specialty Mustangs and especially better than a customer modded GT whose warranty is toast. It really doesn't matter if those cars outperform the Shelby. Unfortunately, in this case it really is all in the name.

Now would probably not be a bad time to buy one if you really wanted one and could afford the sticker price.
 
Wow...



My point was that they have higher residuals than any other Mustang. Be it Roush, Saleen or even a plain Jane GT. I never said you would see what you paid for ever again. I'm certainly not one to believe that you can. Especially since Ford has turned the Shelby name into a sales pitch.



Regardless of what the dealer decided to charge for the car, a Shelby GT500 has the best residual of any production Mustang on the market. I'm thinking only the P51 could beat it but they are in extremely short supply.



Obviously, Bill's notion that they somehow could have the same residual is un-informed opinion. Especially when he compares a stock Mustang GT that's been modded to the GT500.



As far as the way it's value is evaluated...it's just a Stang with a supercharger. The Shelby on the other hand is a factory car with the name of a legend all over it. It IS a special car.



I'm not saying that the Modded GT won't out perform the Shelby. I'm speaking on behalf of their residual value.



Besides, as blksn8k pointed out, $85 for a Shelby was the product of supply and demand. There are very few people who paid that much. The masses paid more around $40-45 or less. I'm sorry Bill, but fact trumps personal experiance every day of the week. You may have idiot friends with more money than brains. I agree with you. They will never see that money again. Howver, most Shelby owners were not that stupid. It will take 30+ years to know if these cars were a good investment. Parking money in any automobile for the sake of investing is pretty stupid. I can think of a few things that would have a faster return. I think it comes down to passion, a true love for the vehicle.



My opinion, the Shelby GT500 is one of the most badass production Mustang you can buy. I LOVE the way they look and the way they sound. They're very powerful cars. They also belong to a club even more exlusive than the SVT crowd.







 
true bill,



by far no way a "collectiable". as mentioned a slightly better residule then a gt.

there are way to many mustangs out there for any of them to be a collectiable
 
You buy a Shelby because you are passionate about Shelbys and Mustangs and Cobras, and because you respect the legend of Shelby and american road racing and want to own a piece of history... why do you think people pay the dollars that they do for 68/69 Shelbys and Boss Mustangs. Its not because they are the best cars or the fastest... Its an emotional purchase pure and simple (as are most cars). There are and always will be better/faster cars... to each his own, buy what you want.



For me, I'm wishing for Santa to place a Shelby GT500KR in my driveway... Or if thats not in the budget than any 2010 GT and I will personalize it from there... but I will always secretly wish it was a Shelby!



Eric



P.S. Think the values might go up when Shelby passes away?



 
Gary;



I don't know for sure, and you all may be right, but I'm pretty sure they had similar conversations in 66/67/68/69 about the Mustangs back then... after all Shelby (even with big disounts) had trouble getting rid of his last 427's. Now watching Barrett Jackson I sure as heck wish I had kept mine...



..and since its mostly about peoples emotions and connections, its really tough to predict today what will be a collectible in the future... wish I could! ;-)



Cheers;

Eric
 
If your young enough to wait 30/40 yrs, those that paid 70/80 K may break even down the road.

Going to go test drive a Challanger tomorrow, that car I think may be very collectable.

I think it will only be made one, maybe two yrs totall.
 
eric,



back in the 60's i don't think most people purchased vehicles for future collectiable status.

just think, if we only knew what we we know now, we would all be millionaires :lol:

those vehicles are collectiables.



bill,



don't think the new challanger will be a collectiable either.

new gto? same concept. lok what they are worth now :rolleyes:
 
back in the 60's i don't think most people purchased vehicles for future collectiable status.

just think, if we only knew what we we know now, we would all be millionaires :lol:

those vehicles are collectiables.
Click to expand...



I have to agree with Gary. Few people purchased those muscle cars "knowing they would be worth something someday".



First off, if 20% of buyers mothball their new muscle cars, the collectors value is going to go down. Supply and demand. Second of all, nobody knows what what cars will be in demand in the future. Peoples general tastes can switch in a blink of an eye.



We never know, 30 years from now, I may be sitting on two of the rarest cars on the planet. A 1991 Escort GT and a 1996 Escort GT...well maybe not;).



Anyways, my point is that if everyone saved their old muscle cars from the past as a future investment, we could all own a classic Mustang, Camaro, Challenger, or any other classic for next to nothing.





Tom
 
Holy rare occurrences, Batman!:eek: Caymen said:

I have to agree with Gary. Few people purchased those muscle cars "knowing they would be worth something someday".
Click to expand...



Quick, Todd Z, back this thread up in the archives!:lol::p



Just kiddin' Tom!:D



I agree with you both in that nobody bought these cars as an investment. They bought them because they were fun to drive. Much like the experience I posted about here back in July:



This past weekend, I entered my STA in a county fair car show. While looking around at the other entrants, I noticed a car I hadn't seen in over two decades. Around 25 years ago, one of my high school buddies owned a couple of Mustangs that we would show. While doing so, we became acquainted with a guy in our town that was showing his '65 Shelby GT350. He was the original owner, and it was unrestored. Needless to say, it was a beautiful car.



Flash-forward 25 or so years to last Saturday, and I run into him again at the show. He's now in his late '60's, and still owns and shows the Shelby. It is still unrestored, showing only about 40,000 miles on the odometer. The only things he's replaced over the decades are normal tune-up preventive maintenance items like plugs/points, battery, etc. Other than that, he had to have the transmission rebuilt because he tore it up racing the GT350 at Elkhart Lake, WI in the '60's. The paint, chrome, interior, and overal condition of the vehicle look like it just rolled out of the showroom! He had a display with the car containing the original window sticker and his original purchase contract. And get this: On the original contract, it stated that he traded a '64 GTO in on the Shelby! So this guy has owned two pieces of automotive history.



The window sticker showed an MSRP of around $4700. I asked him what it was worth now, and he said that he'd talked to Barrett-Jackson reps about it. He sent them an information sheet on the car and they called and talked to him. They told him that they could get between $350,000 and $500,000 for it. Well, he then he also informed them that he was the original owner, and the only remaining original owner of a '65 GT350 in the country. After they regained their breath, they told him that it would probably go for around (Dr. Evil pinky to mouth pose) $1,000,000.



He's not going to sell, just wanted to know what it was worth. He's already got it in his will that the car goes to his son.



Unfortunately, I didn't have my camera, so no pictures. I plan on going to a couple of more shows this summer, so if he's there, I'll get some pics.



And for what it's worth, he still drives this car to shows. It's not a trailer queen!
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Well Just got back from the Dodge dealer, had real intentions of trading in the Stang.

The pics of the Challanger are to die for.

But that is one fugly car in person up close, the car is huge:eek:

Told the guy I had thoughts of trading in the Roush on a Challanger, he said we can talk, would you like to drive the Challanger, when I said No he thought I was nuts.

Said Adious and left.

Asking price 70K:lol:
 
bill,



huge is right. not to mention the car for the hp it has (srt-8) is nowhere near the competition.



train,



tom and i spent last night over thanksgiving dinner, got a problem with that :lol:
 
Understand I live in sillycone valley, the land of many nutcases with far to much expendable cash.

Found 6 SRT8 Challengers in fl, all mid to low 40s, I think even 40 K is to much for that car.
 
Do not pretend to understand how the car buis works:unsure:But it is amazing.

Go to a dealer in my town, look at an SRT8 callenger, asking price is 70 k firm.

So I get on the net and put out feelers.

within a 100 miles of me I get 8 dealers willing to sell the same car for 44k

So I call a dealer in Tracy, about 80 miles away (one of the respondors)

Ask him if he has in stock an SRT8, black, 6 speed tranny, fully loaded.

Not in stock but I have access to one in san jose (same car I looked at yesterday) we can have the car trucked here in two hrs no problem, come on down.

Why do's 80 miles make a 25K diff in price?
 

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