The new Shelby should list for $38,500. Considering the fact that a new 2004 Cobra went for over $30,000, that is a good bargain.
$50,000 would be a large dealer gouge, and the primary point of this thread is discussing avoiding the gouge, not engaging in it.
Your own list of toys looks interesting. Though I already have a 4wd and a mustang (in my case, I prefer the top go down on the stang and stay up on the truck), I don't currently own a bass boat, so I looked around...
1999 Cobra on Autotrader with 50,000 miles - $13,800
1987 Bronco on Autotrader - $2995
2006 Bay Stealth 1880 from dealer in Texas - $13,995
Total: $30890
Looks like you got pretty good deals overall, but of course it all depends on when you bought them. The newest 19' Bay Stealth I could find was in 2000, and I assume it was cheaper than the 18' 8" 06 model...
Not a bad selection of toys = but personally, I'd prefer the car be new and the boat be used.
Whereas:
New Shelby - $38500
87 Bronco - $2995
2000 Bay Stealth 19' - $6825
With the resale value on the Shelby likely to be very high, and the resale value on the boat and suv already reflecting a chunk of depreciation, we can revisit the comparision in a year or two and see who comes out ahead.
tripleblack
Quote:
Originally Posted by warcat
Cmon guys, really.
Why does everyone need the newest toy???
Here's my take: If you are willing to spend say
$45k-50k for this particular car, consider this...
I bought a 1999 Cobra, a decent 1987 4x4 Chevy Blazer,
and a brand new 19' Bay Stealth Boat for a grand total
of $39,500.
So, I've got a car that turns heads everywhere I go,
a badass truck that gets compliments everytime
i fill-up (especially with the top off), and a boat to go
fishing/skiing/joy riding in to boot.
Plus, even though my car might lose in a race to your new
Shelby, it is still one of the nicest Mustangs ever built--It's
a freaking Cobra-- and it will eventually be a classic in the
future.
Just keeping it real...
__________________
tripleblack
"You can never be free until you let yourself go."
I agree that having a brand new 06 or 07 Shelby GT500 would be extremely awesome. It is just out of the price range I'm comfortable paying for ONE toy-- especially if the dealers are planning on raping everyone that wants one.
I'd suggest that if the GT500 is something someone really wants, just wait until 2010 or 2011, and buy it for about $20k or so on ebay. Besides, most owners that pay sticker or above for the GT500 will take damn good care of it, so when you buy it in 2010, it'll practically still be the same car that drives off the lot now.
I was just offering an alternative... the more toys, the better .
__________________
1999 Cobra SVT
4.10 gears, K & N Cold Air Intake, Ford Motorsports Pulleys, Steeda springs,
X-pipe exhaust w/ Magnaflows, Tri-ax short throw shifter, Chromed '98 Cobra wheels,
Tires: Nitto NT Extreme 555ZR- 265/35/ZR18 in front, 285/35/ZR18 in back.
What you mention is my current "Plan B" - wait for the rappers and billionaires to buy up the first wave, and either shop used from a dot.commer that misplaces his web site or buy new when the hoopla dies down. Plan A is hope for the first wave to be large enough to discourage gouging (lamentably, I doubt Ford is smart enough to realize they should do this).
As for the Shelby depreciating enough to reach $20k in a year, this is unlikely - though I'd love to get one at a good discount to msrp.
It all depends on production levels. Ford showed they could hand-build a ton of motors for the SVT Cobras - there's no reason they shouldn't be able to tool up a higher production total for the Shelbies that are assembled on the same AAI line as the regular mustangs. The Ford GT is seeing resale prices running well above MSRP (about $100,000 above), and with production problems and lack of profitability for Ford (bizarre, of course - the extra change is being soaked up by the dealers, with Ford probably losing money on every car they sell at dealer cost of about $125,000), Ford is gracefully bowing out of the supercar production business. One wonders what the situation would be like if Ford sold these cars for, say, $150,000 outright, with tight controls on hewing the line on msrp. Strangely, this would probably make the cars profitable for Ford and the dealers both, and encourage keeping the production line going or even expanding it...
In the case of the Shelby, its sort of like buying ocean front property - sooner or later its going to appreciate in value enough to make it worth something more than you paid for it. With the old guy already hanging on well past his doctor's predictions, there won't be many more signature cars coming our way.
tripleblack
Quote:
Originally Posted by warcat
Impressive....
I like you stlye, trip-b.
I agree that having a brand new 06 or 07 Shelby GT500 would be extremely awesome. It is just out of the price range I'm comfortable paying for ONE toy-- especially if the dealers are planning on raping everyone that wants one.
I'd suggest that if the GT500 is something someone really wants, just wait until 2010 or 2011, and buy it for about $20k or so on ebay. Besides, most owners that pay sticker or above for the GT500 will take damn good care of it, so when you buy it in 2010, it'll practically still be the same car that drives off the lot now.
I was just offering an alternative... the more toys, the better .
__________________
tripleblack
"You can never be free until you let yourself go."
i am down here in PA.about 4 months ago I put 500 dollars down on one. I am number 3 in line. I have already sent the salesman a $300 gold watch, I told him to use it to keep time for when my car comes in! I call him everyweek he says they will not go more than 3000 over msrp. They are a very big dealership and I like my chances. I do have to sell my 2003 harley davidson truck. But it is worth the legend baby!
Well I had to put a 10,000 dollar non refundable deposit for a 2007 Shelby and the cost is 20k over msrp, Dealer says he is getting 2 cars for sure and a 3'rd by possible dealer lotto. (I'm 2nd on credited list of 3 only pre-buyers allowed, I put my name in 10 months ago) and won't know how much or what color they come in until Jan. 06, car is expected in late summer. The only options the dealer was currently aware of was the SHAKER stereo system and racing stripes. and possible red or blue paint . The GT-44 cars that listed for 153k, which dealers were heard of only recieving 2 cars and a possible extra 1 car by lotto, ended up selling for nearly double and the dealers were only taking bids. After seeing this I really felt that 20k over msrp wasn't all that bad. but the rumers keep fliing about how many each dealer is getting and price in the high 30's low 40's k.MSRP) Am I nervous about the total price? ohh yah I'm shakkken & swweattin. But then again I'm a car collector and what I'm gambling on is that when Mr. Carol Shelby is no longer with us ( heaven forbid ) the value of any car with the Shelby name will be a very priceless commodity at auction. Look back at the 1967 - 68 Shelby's . cars sold from the dealer at $5,000.00, Now do some research and you will see that a Shelby go's for around $125,000.00. Clones go for $70,000.00
So with that in mind and only hearing the each dealer was only getting 2 or 3 cars . what am I( or any other person with collector knowledge) to think. I want a Shelby.and no they are not going to sell for less in 2010 . Barrett-Jackson will auction number 001 ( the first car off the productin line ) at the Arizona Show January 14-22 2006. this will be telivised on the SPEED channel,the lot number for the 2007 Shelby is #1259.1 , all proceeds from the sale of the car will go to Carol Shelby's Childrens Foundation. The winner of the auction will get to choose the color and any options. the car will be produced in June 2006. The car used for the auction will go back to FORD, this is the same red Shelby used for the auto shows and promo shots ( i.e. the photos you see at the beginning of all promos and blogs).The date for bidding on the Shelby #1259.1 is Saturday the 21st. 1-21-2006 and I really do hope you get your Shelby at MSRP, you are one lucky person......
Last things first, the B-J auction price for the Shelby would be of interest - if the buyer got to keep the car. If its just a shell game to donate money to a good cause, that's fine, but it means nothing in terms of the market value of the car itself. If Jay Leno wants to throw $10,000,000 into a charity with Shelby's name on it, does anyone seriously think that means the cars are worth that? On the opposite end, of course, if the donation ends up being $20,000 (a tidy donation to a good cause), it will not be an indicator of value for the car either...
If the idea is that the winner gets the #1 production vehicle, then yes, its interesting - but only to the extent that #1 of anything can always be valued far higher than all the remaining production run.
Everytime Tang is interviewed about the Shelby, the production projection creeps up. Last month his interview in mmff had the number "over 10,000" in the first year, with an assurance they intended to keep the car "exclusive". Plenty of regular production models out there won't hit 10,000+ unit sales, so that number alone guarantees nothing. The fact that actual demand will probably be nearer 40,000 creates that impression, though...
As for 10,000 being some sort of barrier, I doubt that. If Ford wanted to, they could make as many Shelbies as they can get orders for - but it would require that they change agreements with suppliers, partners (several Mazda models are produced in the same factory), and between allies/foes within in the corporate structure of Ford.
Oddly enough, this last note will probably be the most important, given the layoff-frenzy underway in Detroit. "Important" careers are on the line, and disruption of the plans hashed out between major players will not be tolerated. The fact that augmenting sales in the sole unique product they produce will NOT cannibalize sales from ANY other Ford product (unlike similar moves between ALL other models) seems not to make any difference.
Can't have those horrible projections threatened by a Shelby-full-in-a-china-shop runaway sales success, can we? What then of all the layoffs and plant closings?
The word is out - and success must be kept within limits, else sensitive, key toes will be trod upon...
I'm gambling that simple greed will help us out eventually. When all the other "hybrid-in-the-sky" and government bailout cards turn up useless, the tried and true capitalist solution will creep back into the Deerborn boardrooms and meekly suggest:
"Hey guys, lets make those cars that people want to buy, charge what we can get, and make some money - whattya say?"
I think they could make and sell 40,000 Shelbies on the AAI lines for under $40,000 each, out the door.
And eventually, that money will count more than the extra pennies the dealers can squeeze out of the few thousand folks willing to be assaulted for twice the value of the car.
tripleblack
Quote:
Originally Posted by car collector
Well I had to put a 10,000 dollar non refundable deposit for a 2007 Shelby and the cost is 20k over msrp, Dealer says he is getting 2 cars for sure and a 3'rd by possible dealer lotto. (I'm 2nd on credited list of 3 only pre-buyers allowed, I put my name in 10 months ago) and won't know how much or what color they come in until Jan. 06, car is expected in late summer. The only options the dealer was currently aware of was the SHAKER stereo system and racing stripes. and possible red or blue paint . The GT-44 cars that listed for 153k, which dealers were heard of only recieving 2 cars and a possible extra 1 car by lotto, ended up selling for nearly double and the dealers were only taking bids. After seeing this I really felt that 20k over msrp wasn't all that bad. but the rumers keep fliing about how many each dealer is getting and price in the high 30's low 40's k.MSRP) Am I nervous about the total price? ohh yah I'm shakkken & swweattin. But then again I'm a car collector and what I'm gambling on is that when Mr. Carol Shelby is no longer with us ( heaven forbid ) the value of any car with the Shelby name will be a very priceless commodity at auction. Look back at the 1967 - 68 Shelby's . cars sold from the dealer at $5,000.00, Now do some research and you will see that a Shelby go's for around $125,000.00. Clones go for $70,000.00
So with that in mind and only hearing the each dealer was only getting 2 or 3 cars . what am I( or any other person with collector knowledge) to think. I want a Shelby.and no they are not going to sell for less in 2010 . Barrett-Jackson will auction number 001 ( the first car off the productin line ) at the Arizona Show January 14-22 2006. this will be telivised on the SPEED channel,the lot number for the 2007 Shelby is #1259.1 , all proceeds from the sale of the car will go to Carol Shelby's Childrens Foundation. The winner of the auction will get to choose the color and any options. the car will be produced in June 2006. The car used for the auction will go back to FORD, this is the same red Shelby used for the auto shows and promo shots ( i.e. the photos you see at the beginning of all promos and blogs).The date for bidding on the Shelby #1259.1 is Saturday the 21st. 1-21-2006 and I really do hope you get your Shelby at MSRP, you are one lucky person......
__________________
tripleblack
"You can never be free until you let yourself go."
I gotta agree with tripleblack on this one-- for the most part. Ford will end up producing more of the Shelby's to satify the demand. Which will, in turn, drop prices of "used" Shelby's in the short term.
I envision a price curve that starts relatively high (around $40k) then for the same car, the value will drop to $20 - $25k over the next 3 to 10 years, then slowly creep back up to over $75k - $150k in around 40 years or so-- as I agree it will be a collector.
My numbers may be exaggerated on both the low and high ends, but you catch my drift...
So using the mentality of "buy low, sell high", the best value for a 2006-2007 Shelby Mustang GT 500 will be around in the years 2010-2017.
__________________
1999 Cobra SVT
4.10 gears, K & N Cold Air Intake, Ford Motorsports Pulleys, Steeda springs,
X-pipe exhaust w/ Magnaflows, Tri-ax short throw shifter, Chromed '98 Cobra wheels,
Tires: Nitto NT Extreme 555ZR- 265/35/ZR18 in front, 285/35/ZR18 in back.
Wish they had gone with the seperate "S H E L B Y" across the back instead of the cheaper small badge. Don't like the hood compared to the show car, but suspect its more functional (they're not talking yet, but I'm getting the word that these things tend to run hot and need the scavenging evacuation slots in the hood just to keep things under control.
With everyone talking about how high the price will be on this thing, I SURE hope there are other wheel choices!!! Those wheels are ungood.
__________________
1999 Cobra SVT
4.10 gears, K & N Cold Air Intake, Ford Motorsports Pulleys, Steeda springs,
X-pipe exhaust w/ Magnaflows, Tri-ax short throw shifter, Chromed '98 Cobra wheels,
Tires: Nitto NT Extreme 555ZR- 265/35/ZR18 in front, 285/35/ZR18 in back.
It is just out of the price range I'm comfortable paying for ONE toy-- especially if the dealers are planning on raping everyone that wants one. 
.
