I am looking to purchase a new Mustang for pretty much a daily driver. Mostly due to the fact I just bought an 02 Viper for my thrills and frills. So I am looking to upgrade my daily driver which is currently a ford Escape to something sporty that gets decent gas milage. The choices really come down to a base model Ford GT Mustang Auto or Manual, or a GT 500. Cost really isn't a huge factor as that I can write the car off as a tax deduction. (aka Work Vehicle). What I don't like is dealerships jacking up the MSRP to gouge the consumer. So right now I have been watching and waiting to see how the release of the 08's will affect the price of the 07.
Doing some homework I have read that Mustang sales are not so good the last two months. This usually tells me the market is pretty saturated and that Ford made too many cars for the number of Mustang buyers. I am expecting some pretty hefty incentives in late July, early August to help dealers move these cars.
The markup's on the GT 500's has started to come down to about $5k to $10k. I am guessing when the 08 is released it will make it very hard to sell an 07 over msrp. I could be wrong, but economically if you have 40 GT 500's on lot's now that are not moving and Ford releases a few thousand more then more than likely the price has to drop dramatically in order to sell.
The other thing that is important is the Challenger and Camero that are looming on the horizon for 2009. Lot of people who would be leaning towards a GT 500 might go for a Challenger or Camero instead.
Anyone have some idea or predictions when the GT500 will be going for MSRP.

How many GT 500's are going to be produced in 08? I know 1000 are going to be King of the Road series, which will also cause the GT500 to decrease in price.

I dont think you'll find a GT 500 for anywhere near MSRP... local dealer in NY had one....sold 20K over in 3 or 4 days. maybe in 09 or 10 you could get one for sticker...but y wait...get a GT and a few mods and a lot less $$$ gets you close.

AS long as there is the "name SHELBY" officially documentedon any MUSTANG, you will ALWAYS pay a PREMIUM..................... PERIOD.
Now, really, think about this,,,,, you said cost isn't a factor, so quit bellyachin' about the dealers' markup.
Your DD is an Escape ?, notta EB, orLimited ?, but you own a Viper,yet want upgrade to aGT500 DD?
Something is missing here. JMO

I don't think the ADM will drop severely on an '07 GT500, maybe $5-7.5K over MSRP, but I don't think these cars will ever be MSRP(unless gas goes to $5/gal). As soon as one is sold at MSRP, all us real working stiffs are gonna snatch them all up and cause the price to rise again as there's gonna be another shortage. Although a GT500 as a DD? I'd rather just get a GT and put some racing stripes and lower it a bit.

+1

Lot of it is supply and demand. There are a bunch of GT 500's sitting on lot's right now and they are not moving at the asking price. If Ford releases another 3000 of these cars then yes they will be at MSRP.
Fact's are really simple, a few people will spend top dollar to buy something new or to be the first to own one. After that small segment of the population is satisfied then there are few buyers who are going to ante up and over pay for a car. Already most of the GT 500's are down into the mid 50k range. I bet my May 08 the GT500 will be as MSRP. The KR will be still above MSRP but the rest will drop.

As for a daily driver, well I am in a pretty good situation. I am buying the car primarily to drive to work which is highway for 30 miles. I can write off the vehicle as a tax deduction so buying a more expensive car equates to a larger write off. Plus the thought that the car may some day be worth something weighs into the equation too.

Why a GT 500? I kind of like the way the car looks slightly better than the GT. It already has the white racing stripes painted on (not a fan of Vinyl), and it has the exhaust upgrade as well. Yes I could go with a GT, and I might still go that route. Also you can park a GT500 and not draw a ton of attention to your car as most people just see it as a nice mustang. I can't take the Viper to the mall or anywhere I can't keep an eye on it.
It really come's down to asshole people. If someone key's a mustang you get pissed, someone keys a Viper and well you are looking for a gun!
Someone hits your car and dents the door in a Mustang you are looking at a few hundred bucks to replace it, parts are a plenty for Mustangs. Someone hits the Viper and you are talking thousands to replace and parts are not a plenty.

Don't get me wrong, I dont plan on abusing my mustang. A mustang is more like a 16 year old kid, you wanna know where it is and make sure it is safe but you can leave it alone a few hours and not worry about it. The Viper is more like a 2 year old toddler that get's into everything. You don't leave it anywhere out of sight for more than a few minutes.

The Escape I leased because I needed something ASAP that was reliable to get to my new part time job. It also double's as a second family vehicle, 2nd to the Wife Trailblazer EXT.

I'm not sure how it is in the U.S but the GT500 is considered a luxury vehicule in Canada. I purchased mine as company car also. I couldn't ride off all of it just the first 45K on the 85K purchase price.


ORIGINAL: Zan186

Lot of it is supply and demand. There are a bunch of GT 500's sitting on lot's right now and they are not moving at the asking price. If Ford releases another 3000 of these cars then yes they will be at MSRP.
Fact's are really simple, a few people will spend top dollar to buy something new or to be the first to own one. After that small segment of the population is satisfied then there are few buyers who are going to ante up and over pay for a car. Already most of the GT 500's are down into the mid 50k range. I bet my May 08 the GT500 will be as MSRP. The KR will be still above MSRP but the rest will drop.

As for a daily driver, well I am in a pretty good situation. I am buying the car primarily to drive to work which is highway for 30 miles. I can write off the vehicle as a tax deduction so buying a more expensive car equates to a larger write off. Plus the thought that the car may some day be worth something weighs into the equation too.

Why a GT 500? I kind of like the way the car looks slightly better than the GT. It already has the white racing stripes painted on (not a fan of Vinyl), and it has the exhaust upgrade as well. Yes I could go with a GT, and I might still go that route. Also you can park a GT500 and not draw a ton of attention to your car as most people just see it as a nice mustang. I can't take the Viper to the mall or anywhere I can't keep an eye on it.
It really come's down to asshole people. If someone key's a mustang you get pissed, someone keys a Viper and well you are looking for a gun!
Someone hits your car and dents the door in a Mustang you are looking at a few hundred bucks to replace it, parts are a plenty for Mustangs. Someone hits the Viper and you are talking thousands to replace and parts are not a plenty.

Don't get me wrong, I dont plan on abusing my mustang. A mustang is more like a 16 year old kid, you wanna know where it is and make sure it is safe but you can leave it alone a few hours and not worry about it. The Viper is more like a 2 year old toddler that get's into everything. You don't leave it anywhere out of sight for more than a few minutes.

The Escape I leased because I needed something ASAP that was reliable to get to my new part time job. It also double's as a second family vehicle, 2nd to the Wife Trailblazer EXT.

ORIGINAL: Zan186

Lot of it is supply and demand. There are a bunch of GT 500's sitting on lot's right now and they are not moving at the asking price. If Ford releases another 3000 of these cars then yes they will be at MSRP.
Fact's are really simple, a few people will spend top dollar to buy something new or to be the first to own one. After that small segment of the population is satisfied then there are few buyers who are going to ante up and over pay for a car. Already most of the GT 500's are down into the mid 50k range. I bet my May 08 the GT500 will be as MSRP. The KR will be still above MSRP but the rest will drop.

As for a daily driver, well I am in a pretty good situation. I am buying the car primarily to drive to work which is highway for 30 miles. I can write off the vehicle as a tax deduction so buying a more expensive car equates to a larger write off. Plus the thought that the car may some day be worth something weighs into the equation too.

Why a GT 500? I kind of like the way the car looks slightly better than the GT. It already has the white racing stripes painted on (not a fan of Vinyl), and it has the exhaust upgrade as well. Yes I could go with a GT, and I might still go that route. Also you can park a GT500 and not draw a ton of attention to your car as most people just see it as a nice mustang. I can't take the Viper to the mall or anywhere I can't keep an eye on it.
It really come's down to asshole people. If someone key's a mustang you get pissed, someone keys a Viper and well you are looking for a gun!
Someone hits your car and dents the door in a Mustang you are looking at a few hundred bucks to replace it, parts are a plenty for Mustangs. Someone hits the Viper and you are talking thousands to replace and parts are not a plenty.

Don't get me wrong, I dont plan on abusing my mustang. A mustang is more like a 16 year old kid, you wanna know where it is and make sure it is safe but you can leave it alone a few hours and not worry about it. The Viper is more like a 2 year old toddler that get's into everything. You don't leave it anywhere out of sight for more than a few minutes.

The Escape I leased because I needed something ASAP that was reliable to get to my new part time job. It also double's as a second family vehicle, 2nd to the Wife Trailblazer EXT.

Sorry to tell you, the stripes on the GT500 are vinyl, not paint. An '02 Viper has about the same value(currently) as a new GT500, as for leaving anywhere, I'd never do that to a GT500(or drive 30 mile each way to work everyday!). I'm sure in 20-30 years that GT500 will be worth more than an '02 Viper(too many Vipers made overall since 1992). The original Shelby Cobra(260/289/427 and yes some had 428s) where just over 1000 cars in total. The current GT500 won't probably reach 15,000 units in total, a number surpassed by the Viper since it's introduction. If I were you, I'd sell the Viper and wait for a GT500KR and put it in the garage for special occassions and get a convertible GT for a DD(with painted stripes:D). Of course, you sound like a Dodge man, so why aren't you waiting for the new Challenger??????

JMO. 1st year runs will always have a higher resale value,(1964 1/2 mustang) you can also get the 40th ann. for the 2007 model only. And if you have any spare change you could get the SSpkg. You need to drive aGT500 then tell me its just another mustang.Get the shelby and make the viper your DD

+1
I'm not sure why the 500 feels so different than my GT. It's a completely different animal. I feels really good at high speeds (over 140). You have to drive the damn thing to understand.

ORIGINAL: redcobrasc

JMO. 1st year runs will always have a higher resale value,(1964 1/2 mustang) you can also get the 40th ann. for the 2007 model only. And if you have any spare change you could get the SSpkg. You need to drive aGT500 then tell me its just another mustang.Get the shelby and make the viper your DD

ORIGINAL: redcobrasc

JMO. 1st year runs will always have a higher resale value,(1964 1/2 mustang) you can also get the 40th ann. for the 2007 model only. And if you have any spare change you could get the SSpkg. You need to drive aGT500 then tell me its just another mustang.Get the shelby and make the viper your DD

+1 very true redcobrasc, and yes, I saw that red package GT500(black w/red stripes) and it looks awesome! I am working extra side jobs and saving all my pennies(and keeping my GT's mileage down) to have enough to get a GT500 in a few years. Loved your car when I saw it last weekend at the cruise.

ORIGINAL: 05gtdriver

ORIGINAL: redcobrasc

JMO. 1st year runs will always have a higher resale value,(1964 1/2 mustang) you can also get the 40th ann. for the 2007 model only. And if you have any spare change you could get the SSpkg. You need to drive aGT500 then tell me its just another mustang.Get the shelby and make the viper your DD

+1 very true redcobrasc, and yes, I saw that red package GT500(black w/red stripes) and it looks awesome! I am working extra side jobs and saving all my pennies(and keeping my GT's mileage down) to have enough to get a GT500 in a few years. Loved your car when I saw it last weekend at the cruise.


The white with red stripes package looks SO much better:D

i wish i could write off an $80k vehicle as needing it for work.

lol

"yes, i need a 500hp supercharged V8 sports car to get me to work. now, write it off."

A dodge man? No I don't have a particular preference between Ford, GM or Chrysler/Dodge. I just buy american cars. GT500 value is going to do what every car does as soon as it rolls of the lot (depreciate). As for value of an 02 Viper vs a GT 500 in 20 years is comical. There was only 11,412 Gen II vipers made. The gen II's will depreciate till about 10 years then they will go up in price. You are also comparing a newly released vehicle to a 5 year old car. In 30 years a Gen II Viper will be worth way more than a GT 500. Not to mention that my particular Viper their was only 350 made (Final Edition), so if your argument is that their are fewer GT500's then you are dead wrong. For collectibiility your way off base.
Not to mention that you can buy a base GT and make it look like a GT500 if you chose too. Can't really do that to a base Viper cause their really is not base Viper. lol but hey you can believe what ever you want. When I go to a car show and I park near the GT500's people don't even know it is anything but a Mustang. I almost feel bad for the two guys here that own them.
As for a daily driver, you betcha it would be a mustang. The parts are a hell of a lot cheaper to replace on a stang than on a Viper. With the exception of the hood and front fascia, most of the GT 500 body panels are the same as the GT.
Also a Viper stands out way way more than a GT500 does. Most people wouldn't even recognize a GT500 as being anything other than another mustang.

I think a lot of Mustang people are believing that the GT 500 is going to become a vehicle like the Boss 302. It is possible that it may have some collectability. I just don't think so.

Writing off a car is not such an uncommon thing if you fit the criteria. And the Ford GT500 is actually selling now for $55k, and its blue book value is $45k. The only people paying $80k are the idiots who have to have something right now. Go to Autotrader and you will find at least 30+ GT500's for sale on dealers lots. There are 2 or 3 priced at 70k and they will sit there until the price comes down closer to msrp. There are some still in the 60k region as well, and they are gonna sit there as well. At 55k they are selling very slowly. I have seen a handful sell on ebay, but then again ebay is not always legit as sometimes dealers bid up auctions as well. What is going to happen in 2 months when Ford makes another 3000 GT 500's? and another 1000 KR series? Yeah the GT 500 will hit MSRP because the demand will be saturated. MSRP is very important because that is what Ford wants to sell them for. If they are selling for above MSRP then Ford will make more to appease the demand.

[sm=funnypostabove.gif]

[:@]Is it just my imagination or aren't you the same guy that has been looking to buy a GT500, what going on 3 month's now. It seems like, if I remember right, you just bought a Viper too. Hmm, this all sounds fishy to me.

Smells like a troll to me, or better yet a kiddy with a vivid imagination.

+1, and........ While I'm no accountant, I am self employed and familiar with car deductions. I can't see how driving 30 mi to work qualifys as a business deduction / write-off, even if you own your own business, travel must be a part of the job, NOT driving to it.
UR right armour845.

well zan, i looked on autotrader nation wide. the cheapest i found was 55060. thats still 20k more then i paid for my baby.

The same rules apply in Canada. As a business owner, revenue Canada cannot judge you on whether or not you should have a Focus or a GT40. It's the business owner's call on how to conduct business. They do regulate on how much you can ride off on a corporate vehicle. As long as you and your wife have vehicles in your names, you're good. Up here anything past 45K is taxable revenue.

I'm raising the flag on the rest of this thread.... Untill I see pictures and slips...


ORIGINAL: LegallyTorchRED

+1, and........ While I'm no accountant, I am self employed and familiar with car deductions. I can't see how driving 30 mi to work qualifys as a business deduction / write-off, even if you own your own business, travel must be a part of the job, NOT driving to it.
UR right armour845.

http://i117.photobucket.com/albums/o75/Zan186/Escape.jpgI am not sure on how much you can deduct per year for the vehicle but I am writing off my entire lease on a 2005 Escape. Whatever I spend on it that year I write off. I think I put $3500 down and the monthly payments are roughly $251 a month. So the first year I roughly wrote off vehicle expense as $4500 and some change (bought it in June). In order to write the vehicle off I have to use it from work place to work place. You can't just buy a vehicle for getting to work, however if you have a vehicle that you take from one place of buisness to another that is tax deductible. If you take that vehicle to get supplies for your office it is also deductible. Since I have a home based private practice I am stretching the rules a bit, but I have it documented so it flies.

This thread seems to be going in the wrong direction. I was asking for some advice and it is getting turned into a who has a bigger peen thread.

But if you wanna see my car collection, I will be more than happy to post some pic's:
http://i117.photobucket.com/albums/o75/Zan186/Myviper.jpg
Not the best pic, I have a nicer one outside too just cant find it.

http://i117.photobucket.com/albums/o75/Zan186/Jeep.jpg

My Jeep! Eventually gonna rebuild it to replace the Escape for winter driving. Plow vehicle right now.
The Pickup was my brothers that my father just bought, and the POS Caddy is my fathers that just takes up space in the patient parking lot. At least my Jeep is far enough forward where I can have a vehicle park behind it!

http://i117.photobucket.com/albums/o75/Zan186/Trailblazer.jpg

The Family Car, well actually my wife's truck in that she uses it the most!

http://i117.photobucket.com/albums/o75/Zan186/Vet.jpg

I only own half of this Corvette, my brother owns the other half. It's nice but 1981 Vette's were casteratted in the power department.


So, yeah I am not trolling or bull****ting. I asked some straight forward questions and had some pretty jackass retorts.

ORIGINAL: Zan186

A dodge man? No I don't have a particular preference between Ford, GM or Chrysler/Dodge. I just buy american cars. GT500 value is going to do what every car does as soon as it rolls of the lot (depreciate). As for value of an 02 Viper vs a GT 500 in 20 years is comical. There was only 11,412 Gen II vipers made. The gen II's will depreciate till about 10 years then they will go up in price. You are also comparing a newly released vehicle to a 5 year old car. In 30 years a Gen II Viper will be worth way more than a GT 500. Not to mention that my particular Viper their was only 350 made (Final Edition), so if your argument is that their are fewer GT500's then you are dead wrong. For collectibiility your way off base.
Not to mention that you can buy a base GT and make it look like a GT500 if you chose too. Can't really do that to a base Viper cause their really is not base Viper. lol but hey you can believe what ever you want. When I go to a car show and I park near the GT500's people don't even know it is anything but a Mustang. I almost feel bad for the two guys here that own them.
As for a daily driver, you betcha it would be a mustang. The parts are a hell of a lot cheaper to replace on a stang than on a Viper. With the exception of the hood and front fascia, most of the GT 500 body panels are the same as the GT.
Also a Viper stands out way way more than a GT500 does. Most people wouldn't even recognize a GT500 as being anything other than another mustang.

I think a lot of Mustang people are believing that the GT 500 is going to become a vehicle like the Boss 302. It is possible that it may have some collectability. I just don't think so.

Writing off a car is not such an uncommon thing if you fit the criteria. And the Ford GT500 is actually selling now for $55k, and its blue book value is $45k. The only people paying $80k are the idiots who have to have something right now. Go to Autotrader and you will find at least 30+ GT500's for sale on dealers lots. There are 2 or 3 priced at 70k and they will sit there until the price comes down closer to msrp. There are some still in the 60k region as well, and they are gonna sit there as well. At 55k they are selling very slowly. I have seen a handful sell on ebay, but then again ebay is not always legit as sometimes dealers bid up auctions as well. What is going to happen in 2 months when Ford makes another 3000 GT 500's? and another 1000 KR series? Yeah the GT 500 will hit MSRP because the demand will be saturated. MSRP is very important because that is what Ford wants to sell them for. If they are selling for above MSRP then Ford will make more to appease the demand.

You mean there's a difference between Vipers? Other than the GTS(coupe body and the SRT/10 model) they ALL look alike, Gen II? Who cares, people will never, ever buy an obsolete sports car when there's a new version being produced and they're all indistinguishable from one another(only a Viper-head would know that, much like your argument about the "general public" thinking a GT500 and a GT look "alike"). The day 'ol Carroll kicks the bucket, everything Mustang with his name on it will become more ofa collectible, the original earlyShelby Mustangs and Cobra roadsters will be in the mid 6 figure range, and yes, you can quote me:D(remember what happen to Ferrari values when 'ol Enzo bit the dust in '88?). I guess you must be talking about good 'ol Bob Lutz and when his day comes, I'm sure Vipers will hit the stratosphere(ha-ha-ha-ha). I guess that Gen II will be worth more than a Ford GT one day too, huh? Hey! Why don't you get a Ford GT and write it off? You'll have the "cheap" GT500 powertrain and 2 seater sports car in one. As aFord lover, that would be win-win in my book;).

Right, you keep thinking that way. You have any clue how many thousands of mustangs have shelby's name on it? Well I hope you will pay 100k for my shelby mustang when he dies lol!

lets differentiate mustangs here.

sure, not many people can tell the difference between an original shelby gt500 and a mustang gt modded to look and have power like a shelby gt500. those people are idiots. it's not hard to find the cobra, which i think in itself is distinguishable. most car ppl, regardless of being chevy, dodge, or tuners, will recognize that cobra emblem and know there's something extra going on in the engine...

and you said there are thousands of mustangs with shelby's name on it...
i don't know of many, there are the 60's mustangs and these new mustangs. i dont know if you ever watched the barrett jackson auto auction, but the 60 shelbys sell at a pretty high premium and i think this will continue for this body style down the road.

but to answer your question, if a dealer sees not many ppl are left who are interested in buying GT500's, guess what? they won't order more. they know there will still be ppl who are saving their money to buy a gt500. i think it's really a tossup. i doubt any ford incentives will effect the gt500's. i remember in the older body style, i used to read the rebates and stuff excluded SVT products. i dont think the introduction fo the KR will effect the cost of the gt500...each one will have it's own price range. i think 55K is about as low as it will get because it is still in the price of a base corvette which it could take on. the KR will probably rest some where in the mid 60's and when the SS package comes out, that will hit the 70's-80's. this is after the mark up dies down.

now here in san diego, i've seen quite a few shelby GT's sold, and those were at the 45K mark.

now, to me it seems like you don't really care for having a shelby. i'm saying this because you reffered to mustangs in general and so forth. i really think just getting a mustang GT, getting a supercharger, getting it lowered, painting the stripes, and getting the card modded will be a lot cheaper. if you don't want to pay the mark up, that's something to consider. even after all of those mods, the car will still be less than sticker value of a gt500. or you can save 5K and delete the supercharger...maybe get a good CAI and tune and you'll be set with great gas mileage.
that's just my .02. but if i had the money, i'd buy a gt500 and that thing would NEVER leave my garage...in fact i think i'd rent a storage area in one of those like fireproof and flood proof places, and keep it in there and drive it 1 weekend a month.....ok maybe 2. i think the gt500 will retain value quite a bit. and if carrol shelby dies, i think the viper will go up too...he did have hand in designing that one too.

zan, you are asking for all of this............ (If I may add my opinion.)
Sports Cars are for "faggy yuppies",and Muscle Cars are for "Tough Guys", and the"Hot Chicks", that drive them.
When I see a gal driving a MUSTANG, I think she's a downright"Hottie", if I see a galdriving a Viper, I think, there's a "goldbricker", that has a "pimp daddy".Males in Vipers, I think lawyers, dr's, accountants, fags,and pu**ies. (Some sports figures drive them, but, that's only to show-off).
You really can't compare a squirts car, to a Muscle Car, 2 totally different catagories. A Viper looks like a Pontiac Solstice, on steroids.
Why don't you take your DD Escape, and put $40K in mods, and make it, the fastest one on the planet ? You can "write it off", as "business development"

wow all that arguing and fighting i can't even remember the original question........ i think u guys should let him think what he want's i mean to each his own opinion. Of course he's gonna get flamed for coming in here saying how he's looking for aShelby (a car most of us only dream about) to make his daily driver and write it off. Seriously though u should try and be more helpful instead of just arguing... i haven't learned anything from this whole thread except that some people think vipers will be more expensive in the future and some think that Shelbys will be more expensive in the future.[&:]who cares, but to answer your question i don't think that the Shelby GT500 will come down to msrp for a while... i mean greenway ford has them marked up in the 70's and old guys are coming in buying them left and right.

Really it all comes down to supply and demand.A car is only worth as much as someone is willing to pay for it.

Barret Jackson auction is a scam. Lot of the cars that are selling at rediculous prices are people bidding on their own cars.

How can you generalize people that own cars? I know tons of vette owners, Mustang owners, Viper owners etc. Generalizing or stereotyping is retarded. So should I say mustang owners are little weener teenagers where mommy and daddy bought them their car for graduation?
Or do you prefer the stereotype of Mustang owners couldn't afford to buy a Corvette?

ORIGINAL: sdsguy

lets differentiate mustangs here.


and you said there are thousands of mustangs with shelby's name on it...
i don't know of many, there are the 60's mustangs and these new mustangs. i dont know if you ever watched the barrett jackson auto auction, but the 60 shelbys sell at a pretty high premium and i think this will continue for this body style down the road. As I mentioned earlier the Barrett Jackson is known to have people bidding on their own cars. A car is only worth as much as someone is willing to pay for it! Yes a few Boss 302's are priced very high right now.

but to answer your question, if a dealer sees not many ppl are left who are interested in buying GT500's, guess what? they won't order more. Really? Perhaps they would lower the price to MSRP or slightly below to increase sales?
they know there will still be ppl who are saving their money to buy a gt500. i think it's really a tossup. Yes and their are these Camero's and Challenger's on the horizon as well. Ford wants to sell cars, the dealers want to make a ton of money. The first 100 to 500 released will command much more than the next batch. Ford is releasing between 1000 to 4000 GT 500's in 08. 1000 are definately going to be the KR series. If their are about 40 GT 500's still sitting on the lots when the next batch is released then the price will drop, espeacially since it is artificially inflated due to demand.

i doubt any ford incentives will effect the gt500's. i remember in the older body style, i used to read the rebates and stuff excluded SVT products. i dont think the introduction fo the KR will effect the cost of the gt500...each one will have it's own price range. i think 55K is about as low as it will get because it is still in the price of a base corvette which it could take on. the KR will probably rest some where in the mid 60's and when the SS package comes out, that will hit the 70's-80's. this is after the mark up dies down.

now here in san diego, i've seen quite a few shelby GT's sold, and those were at the 45K mark.

now, to me it seems like you don't really care for having a shelby. i'm saying this because you reffered to mustangs in general and so forth. i really think just getting a mustang GT, getting a supercharger, getting it lowered, painting the stripes, and getting the card modded will be a lot cheaper. if you don't want to pay the mark up, that's something to consider. even after all of those mods, the car will still be less than sticker value of a gt500. or you can save 5K and delete the supercharger...maybe get a good CAI and tune and you'll be set with great gas mileage. I am considering my options with both the GT 500 and the GT.
that's just my .02. but if i had the money, i'd buy a gt500 and that thing would NEVER leave my garage. So you want a gargage queen? That would be quite a waste. Just remember you can't take it with you when you die. As for value, you never know but remember Ford/GM/Dodge are gonna be releasing newer faster cars in the future. People who wanted a GT 500 now might not want it as bad when a Camero SS or Hemi Cuda is released in 2012.

..in fact i think i'd rent a storage area in one of those like fireproof and flood proof places, and keep it in there and drive it 1 weekend a month.....ok maybe 2. i think the gt500 will retain value quite a bit. and if carrol shelby dies, i think the viper will go up too...he did have hand in designing that one too. To think that Shelby's car's will gain in value drastically after he dies is rather comical. It is not like a famous artist where he only made one of a kind pieces. We know for a fact that their will be well over 3000+ Shelby cars made in 07 and 08. (the KR will be 1000 of them)

Ferrari's, Lambo's, Vipers have a timeless design. They will always hold value, and as they get rarer they will increase in value. Each of these cars have a very distinctive look to them and their are not many of them out there.

I know most people on this site seem to think the GT500 gonna be worth tons of money in the future, but I tend to disagree... Make a list of the rarest mustangs, and notice the new gt500 is WAY down on that list. In 40 years they might(doubtful) go for double what the MSRP is on them now(if you keep one garaged in pristine condition), but thats hardly an investment worth making. I dont know why your thinkin of buying a Supercharged V8 for gas milage, or how you can write off such an expensive car, but id bet that you can pick up a GT500 for MSRP soon.

ORIGINAL: LegallyTorchRED

zan, you are asking for all of this............ (If I may add my opinion.)
Sports Cars are for "faggy yuppies",Â*and Muscle Cars are for "Tough Guys", and theÂ*"Hot Chicks", that drive them.
When I see a gal driving a MUSTANG, I think she's a downrightÂ*"Hottie", if I see a galÂ*driving a Viper, I think, there's a "goldbricker", that has a "pimp daddy".Â*Males in Vipers, I think lawyers, dr's, accountants, fags,Â*and pu**ies. (Some sports figures drive them, but, that's only to show-off).
You really can't compare a squirts car, to a Muscle Car, 2 totally different catagories. A Viper looks like a Pontiac Solstice, on steroids.
Why don't you take your DD Escape, and put $40K in mods, and make it, the fastest one on the planet ? You can "write it off", as "business development"Â*


ok...let me get this straight...a 500hp car is considered a fag car?? if ANYTHING, i think the viper did what the gto did back in the early 60's. i think the viper brought back the age of muscle. i don't understand how you think the viper isn't a muscle car. do you know why you see lawyers and dr's driving vipers? cuz they can afford them....mustangs and camaro's have been pony cars and were labeled for the group that couldn't buy corvettes. muscle cars are such a broad term, it's gotten ridiculous. a lot of ppl consider the mercedes slr as one...personally, i think a muscle car should be american made.

but legally, you've gotta be a fool if you think a 500 hp car is for a pussy...it takes a MAN to command that much power.

but zan, this is going to be your car. i dont know how much gas mileage the GT500 gets, thats why i'm thinkng the GT might be better. and yes, keeping a gt500 in a garage may be a waste of money. i don't think i'd use it as a daily driver though...i'm wishing to take a gun to some ppl who have hit my car, and it's just a v6...i dont know what i'd do to someone if they screwed with a gt500. have you perhaps considered a roush mustang? it's got a nice look, a nice amont of power, and it's cheaper than a gt500 and not as many ppl have it...that may be another option for you.

Last 2 entries were [sm=funnypostabove.gif]'S,......... a "2 post noob", and a"outta touch boob".

BTW everything on the planet is subject to supply and demand.... housing, higher education, health /carinsurance..... all the way down to everyday commodities likefood, gas etc.. All of that, is worth as much as someone is willing to pay for it.

Yet, you say a "car" is only worth as much as someone is "willing to pay for it"

This is not a "car", it's a GT500, it'snot a commodity, it's a toy.. Still, in "high demand", (regardless,if you realize that, or not.) You see, the Dealer is selling over MSRP for a reason, and when you walk on the lot, looking to buy and asking about a GT 500, that sales person / dealer will not "bend" to your supply and demand logic. They may have 200 Fusions, 100 F-150's, 75 Explorers, but only 1 GT 500.
So,........ there goes your supply and demand "theory", plus the fact about 1 in 1000 buyers are actually looking to buy a GT 500

Really, based on your logic,the more you spend, the more you can "write off", and by your own words, that should make perfect sense.
So quit whining, and go pay $70K, for your DD, and you will have that much more to "write off"
Last post on this thread.
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You have a very nice car collection, but to the question you originally asked? Yes the 2007 GT500 will go down but it isn't like how you think. A dealership doesn't just recieve this cars randomly they are special ordered by the dealership and they are pretty smart about not overstocking them cause of the fact of how much more they are than the others. But if you want one at sticker what you have to do is do interent shopping through the dealers and the go with the one at lower price that is willing to move the car. Cause the longer the car sits at a dealer the more it cost the dealership cause they have to pay interest on it. But when the new challenger and camaro come out the price of the mustang will take a big fall. If you are willing to wait the price will go down. But don't count on the car to be worth any more money than when you bought it. That car will decrease in value just like every other model. Due to the fact that so many where made. They said the same thing when the Trans Am was discontinued. But it still isn't worth much. So buy one you like and keep it simple.

local://upfiles/71702/CA410282E189496A9BC3225543FF41D5.jpg

Someone stated that there are "lots of GT 500 siding on Ford dealership lots" Please tell we which lots? I will be there in a heart beat, cause if that would ture, I could get one for less then sticker.


There is at least a one year waiting list for a GT500. I know I guy for order is GT500 vert in 2005, got it in 5/2007. Over 18 months wait.

Good luck on getting one. The cheapest I have seen in $5000 over stick. Winner Ford in DE. Either Dover or Newark. It will cost you $5000 down to order.

ORIGINAL: Leoleo

Someone stated that there are "lots of GT 500 siding on Ford dealership lots" Please tell we which lots? I will be there in a heart beat, cause if that would ture, I could get one for less then sticker.


There is at least a one year waiting list for a GT500. I know I guy for order is GT500 vert in 2005, got it in 5/2007. Over 18 months wait.

Good luck on getting one. The cheapest I have seen in $5000 over stick. Winner Ford in DE. Either Dover or Newark. It will cost you $5000 down to order.


In OC and LA you can walk up to dealerships and buy them, no ordering my fathers dealership has 2 but with a 20k bump. Actually a local dealship has a commercial airing with the GT500, Shelby GT, Roush, and the SaleenParnelli Jones saying how easy it is to get it through them and blah blah but I bet theyll still have a huge mark up.

Ford announced it would make about 9,000 GT500s for each of the 2007 and2008 model years, witha possible additional run for the 2009 model year (though maybe with some cosmetic/body changes). Even if Ford only does '07 and '08, that's 18,000 Shelby GT 500s on the market. Pricesare coming down. But who knows ifthey will reach MSRP --all you can do is speculate.

I followed the GT500 market religiously for about 7 months and then finally gave up and decided to buy a Saleen with the additional $$$ rather than hand it over as pure profit for the local dealer.

By the way, Galpin Ford in L.A. (the largest Ford dealer in the world) got something like 70+ GT500s for the '07 model year alone. Last fall, Galpin would sell you a GT500 for $7,500 to $10k over sticker. My guess is their price has come down over the past 8 months.

Hey Legally TorchREd -- when you go off on "lawyers, dr's, accountants, fags,and pu**ies," remember that a lot of folks who might fall into one of those categories actually read these posts, love their Mustangs, and like driving muscle cars...

ORIGINAL: elburrito99

Ford announced it would make about 9,000 GT500s for each of the 2007 and2008 model years, witha possible additional run for the 2009 model year (though maybe with some cosmetic/body changes). Even if Ford only does '07 and '08, that's 18,000 Shelby GT 500s on the market. Pricesare coming down. But who knows ifthey will reach MSRP --all you can do is speculate.

I followed the GT500 market religiously for about 7 months and then finally gave up and decided to buy a Saleen with the additional $$$ rather than hand it over as pure profit for the local dealer.

By the way, Galpin Ford in L.A. (the largest Ford dealer in the world) got something like 70+ GT500s for the '07 model year alone. Last fall, Galpin would sell you a GT500 for $7,500 to $10k over sticker. My guess is their price has come down over the past 8 months.

Hey Legally TorchREd -- when you go off on "lawyers, dr's, accountants, fags,and pu**ies," remember that a lot of folks who might fall into one of those categories actually read these posts, love their Mustangs, and like driving muscle cars...


18,000 GT 500's that is a ton. That is like more volume than all the Dodge Vipers released from 1994 to 2008. Who was the tool that said these will be worth big $$$$ in the future? At that volume they might hold some value but that is a ton of cars for thinking about collecting!

zan186..........
SPEND "tons" more, and you will have "tons" of $$$$ more to "write off".
THOSE are your words.......... So, go buy the GT 500 at asking price, and "write it off" !!! That's what U R bragging about....... and U R a "fake", (something like SKYCAM,) does anyone remember him ?
I know dr's, lawyers, accountants, fags and pu**ies read these Forums,...... but, you are the only LIAR responding.

Personally cant understand buying a sports car as an investment. There meant to be things that get driven and give you pleasure. Having a 500hp car sat in my garage that I would get to drive once in a blue moon just goes against that. I would be wanting to take it out all the time.

But then again im not one of these people that worries about depreciation. If I am spending that much money on a car I expect to be able to enjoy it all the time.

But why do you need such a powerful car for a commuter? And if I was putting it through the business I would be looking at something German myself. Probably a diesel 3 series 335D give it a tune and you have over 500ft lb's of torque and a car capable of 0-60 well under the 5 second mark. And its less than a GT500 you wouldnt have to worry about it. Its more comfortable to sit in for longer journeys, nice handling and it'll still manage around 45mpg. For a car that would be faster than a stock GT. And depreciation would be better and being a BMW there pretty much bullet proof when it comes to running them.

Well now, zan, the "Brits" are trying to educate you. Not, that it's a "bad thing", they are just PROOVING what an asshole, wannabe, liar you are !

I even hate BMW's but for a commuter you cant get much better. Although no idea if there is a 335D there.

But I just cant see the point in a car with 500hp that gets around 13mpg as a daily driver. If all your using it for is to go to work and back its just going to be wasted might as well buy a slower car and put the money saved into your fun car and run the daily driver into the ground.

you own a viper and you plan on buying a gt500 soon? are you rich or something?

who buys a car so that they can sell it again? its always going to be worth more to you than it will be to someone else anyways, so youll never REALLY get your moneys worth. as for the conversation..

if you can buy a GT500 for a daily driver, go ahead! pretty sick if you ask me, just hope you dont get any snow lol. my uncle likes his, though i dont know what it gets for gas. maybe what you could do is if you find a really cheap one online (just google shelby gt500 for sale) it would probably be cheaper to buy a low cost one (that hasnt moved) and then have it shipped to you than it would be to get one in your area.

Seriously, No one wants to see your damn family cars!:D Show us some more of that viper (engine bay, inside etc). Vehicles can get tricky when put them in as expenses. A lease will always look better because the expense is less. A 40K down payment on a luxury car is a different animal. My business got audited recently for FY06 but the auditor also looked at the entries for 07. The last one was the Gt500 deposit.[:o][:o]
He just looked and made sure i didn't go over the 45K and didn't claim over 7K in taxes.
Oh yeah, let me lower the flag now!:DYou didask for it making 40 something posts on a car forum without posting any pictures of your ride.



ORIGINAL: Zan186

I am not sure on how much you can deduct per year for the vehicle but I am writing off my entire lease on a 2005 Escape. Whatever I spend on it that year I write off. I think I put $3500 down and the monthly payments are roughly $251 a month. So the first year I roughly wrote off vehicle expense as $4500 and some change (bought it in June). In order to write the vehicle off I have to use it from work place to work place. You can't just buy a vehicle for getting to work, however if you have a vehicle that you take from one place of buisness to another that is tax deductible. If you take that vehicle to get supplies for your office it is also deductible. Since I have a home based private practice I am stretching the rules a bit, but I have it documented so it flies.

This thread seems to be going in the wrong direction. I was asking for some advice and it is getting turned into a who has a bigger peen thread.

But if you wanna see my car collection, I will be more than happy to post some pic's:
http://i117.photobucket.com/albums/o75/Zan186/Myviper.jpg
Not the best pic, I have a nicer one outside too just cant find it.



My Jeep! Eventually gonna rebuild it to replace the Escape for winter driving. Plow vehicle right now.
The Pickup was my brothers that my father just bought, and the POS Caddy is my fathers that just takes up space in the patient parking lot. At least my Jeep is far enough forward where I can have a vehicle park behind it!



The Family Car, well actually my wife's truck in that she uses it the most!



I only own half of this Corvette, my brother owns the other half. It's nice but 1981 Vette's were casteratted in the power department.


So, yeah I am not trolling or bull****ting. I asked some straight forward questions and had some pretty jackass retorts.

You GO FFP !!!! ++++++++++++++++++++++1000000000000000000000000000 00000
We perhaps, have a 1abeeeee

ORIGINAL: LegallyTorchRED

zan186..........
SPEND "tons" more, and you will have "tons" of $$$$ more to "write off".
THOSE are your words.......... So, go buy the GT 500 at asking price, and "write it off" !!! That's what U R bragging about....... and U R a "fake", (something like SKYCAM,) does anyone remember him ?
I know dr's, lawyers, accountants, fags and pu**ies read these Forums,...... but, you are the only LIAR responding.


There are limits to how much you can write off. Right now I am really into cars and yes I have a very good occupation and yes I am one of the doctor types. Right now I could afford to buy a $30,000 car on a lease with $5000 down. If I wait till March/April I can afford 3 times as my Escape will be eligible for the pull ahead program and I should have my Viper fully paid off by then.

How am I lying? Nothing I have said in any post is fabricated. Buying a GT500 at 15k to 25k over MSRP is just stupid. If I wasa filthy rich guy I probably wouldnt be looking at Mustangs but at Ferrari's. Ideally I am looking for a nice sporty car for work for Spring/Summer and Fall, then I plan to drive my jeep in the winter. Since I am driving 32 miles and spend 45minutes in the car I might as well enjoy it.
Right now my decision will depend on how much incentive's Ford offer's to sell off the 2007 GT's. If they offer $3000 off and I can get the X plan and I can get a Vista Blue or Grabber Orange with Leather interior then I will more than likely go that route as the deal is great.
If the incentives are there to buy, but I don't find exactly what I am looking for then I will be turning my eye towards the GT500. Right now they are a big time rip off by the dealers. If in spring they come close to MSRP then I will more than likely move on one.

Again the whole purpose of this thread was to gather some information to get all my ducks in a line. Where am I bragging? People said I was bull****ing about owning a Viper, I provided pics. You make it sound like the GT 500 is a Ferrari Enzo or a Lambo. Its not it is a nice sporty pony car with some extra power under the hood. For some it might be a dream car, but I don't see it as something that is out of reach for most people.

Gas consumption is a small concern in that it is rated at 15 city and I think 18 or 20 Highway. Pretty much I am looking at Highway for most of my work driving so not too worried about it. As I said earlier I am not 100% certain I will go the GT500 route. I am just gathering information and seeing how things go. Yes I will have a Mustang by June 08 that is pretty definate. Which one will depend on the deal I can get!

you can get 07 GTs for 25-26 without using the x plan, which is a couple grand off the MSRP on most of them :eek:

hmm lets argue and have e-fights over the webernet to show how tough I am!!!

Honestly, just answer his questions in a respectful manner and this will be a better place....
especially w/ a few more pics of the viper

ORIGINAL: Zan186

ORIGINAL: LegallyTorchRED

zan186..........
SPEND "tons" more, and you will have "tons" of $$$$ more to "write off".
THOSE are your words.......... So, go buy the GT 500 at asking price, and "write it off" !!! That's what U R bragging about....... and U R a "fake", (something like SKYCAM,) does anyone remember him ?
I know dr's, lawyers, accountants, fags and pu**ies read these Forums,...... but, you are the only LIAR responding.


There are limits to how much you can write off. Right now I am really into cars and yes I have a very good occupation and yes I am one of the doctor types. Right now I could afford to buy a $30,000 car on a lease with $5000 down. If I wait till March/April I can afford 3 times as my Escape will be eligible for the pull ahead program and I should have my Viper fully paid off by then.

How am I lying? Nothing I have said in any post is fabricated. Buying a GT500 at 15k to 25k over MSRP is just stupid. If I wasa filthy rich guy I probably wouldnt be looking at Mustangs but at Ferrari's. Ideally I am looking for a nice sporty car for work for Spring/Summer and Fall, then I plan to drive my jeep in the winter. Since I am driving 32 miles and spend 45minutes in the car I might as well enjoy it.
Right now my decision will depend on how much incentive's Ford offer's to sell off the 2007 GT's. If they offer $3000 off and I can get the X plan and I can get a Vista Blue or Grabber Orange with Leather interior then I will more than likely go that route as the deal is great.
If the incentives are there to buy, but I don't find exactly what I am looking for then I will be turning my eye towards the GT500. Right now they are a big time rip off by the dealers. If in spring they come close to MSRP then I will more than likely move on one.

Again the whole purpose of this thread was to gather some information to get all my ducks in a line. Where am I bragging? People said I was bull****ing about owning a Viper, I provided pics. You make it sound like the GT 500 is a Ferrari Enzo or a Lambo. Its not it is a nice sporty pony car with some extra power under the hood. For some it might be a dream car, but I don't see it as something that is out of reach for most people.

Gas consumption is a small concern in that it is rated at 15 city and I think 18 or 20 Highway. Pretty much I am looking at Highway for most of my work driving so not too worried about it. As I said earlier I am not 100% certain I will go the GT500 route. I am just gathering information and seeing how things go. Yes I will have a Mustang by June 08 that is pretty definate. Which one will depend on the deal I can get!

Finally, you've explained yourself in total. Well, good luck to you, and, I see you havesome thick skin(which is definitely a necessity when asking/giving advice around these parts, mostly we just bust ball until the newbie cries uncle and flips us the bird, or shows, like you have, great tenacity).
Although what about a Shelby GT(the one actually built by Shelby Inc.)? They MSRP at $38-39K, but I've seen several on dealer lots and $36-37K wouldn't be too bad for something that would retain it's value when compared to a regular Mustang GT(not an investment, but something that wouldn't depreciate so badly and offer some uniqueness IMO). You are choosing a Mustang and that's a good thing;)

Whatever........ zanidiot6
Last post by me here,.... you "say" u r a Dr type, but, still qualify for "X" Plan. Yet you wanna purchase a GT 500, as a DD., and "whine",about "supply and demand pricing".
IF, you choose not to purchase over MSRP, that's OK,..... but, quit demanding, that the GT 500 should cost less, (BECAUSE you say so.)
GOT IT !!!
YOUR story,.... your lies....., your fantasy............ I DON'T CARE.

PS : SH07, read the completethread, B4 you make idiotic comments, and you'll be OK
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If your financial situation permits it go for the 500. Try to get a test drive in a GT and the GT500 to really feel the difference. It's not the same car at all. The gt500 is very comfortable and you will get exactly the same acceleration you get with your 02 viper. I`m getting 12mpg on mine.[:-]

On top of it all, when you press on the brakes, the GT500 actually stops... J/k

Yes their are always a few jack#$'s in every crowd. Doesn't really bother me, I read and type really fast and with everything you have to syphon through the bs to find the data your looking for.

Some other questions I have about the GT 500:

Gas Mileage? They have it listed as like 15 to 20(highway), is this influenced by the boost settings or just by the lead in your foot?
Under 15 mpg highway would definately steer me away from the GT 500. I am expecting to average around 17 to 18 with 85% of my driving being highway type.

To elaborate what I am looking for/thinking of :
The Viper has me all wound up where I just enjoy driving it. I what it is but I just absolutely enjoy the car. But I am married with 3 kids and I can only take 1 with me. I hardly ever have my wife in my Work car as her car is the family car, so I need to only seat 4.
I enjoy not only driving the Viper but I actually kind of like the extra attention. Never thought I would but I have tons of people talking cars to me at the cruise nights and car shows.
So I am looking at the Mustangs as a compromise. I want the joy of driving my sporty car with the practicality to pick up the kids.

I have pretty much decided the mustang is the car I want for satiating my sports car desires. The Viper is a sunshine nice weather only car. Mustang will be a Spring/Summer/Fall car. I will store it when it snows, but rain I am not too worried about.

Deciding between the GT and the GT500 is what I have to ponder over the next 10 months.
Practicality the GT is far superior to the GT 500 in just about every way. It is less expensive, has better gas milage and has the option for an automatic.
The GT500 has a more unique agressive look to it, has the potential to be worth more in the future (I like the car shows :) ), and the vehicle is pretty much done from factory (don't have to modify it to make it go faster or sound meaner).

I am one of those people who doesn't like to buy an inferior model when their is one that is better. I would kind of kick myself if I bought the GT and the 500 became a classic. Not really interested in selling as I make enough money in my profession, but I do like possessing speacial items (cars). The Viper will always be my dream car, but it is like a 5 year old kid that I have to baby sit it where ever I go.
Even though the GT500 is a nice sports car, it isn't as eye catching and thus much less likely to get abused by jerks in a parking lot.

Other neg on the GT 500 is that it takes SuperUnleaded or Premium. If you turned the boost off or down (if that can be done) would the car run on 87 Octane without knocking? Also what about E85 capable?

WHAT the F**K ever,.......I hope you get the GT 500 of "your dreams", and... pay MSRP+++
I wish a GT 500 Forum is started,... JUST for you, that way, ....
none of us will have to put up with your PAIN-IN-THE-ASS "rants".
C Ya , By now,.......... Have a nice life. ................. ASSWIPE

B 4, I go,..... WTF is "syphon" ????? (as in through the "bs")
Back here, indem thar hills, whars' I come from,....syphon means , SUCKING !!!
Is that what you do ?
NO WONDER, you ken aford a GeeeeeeeTeeeeeee 500 !!!![sm=exactly.gif][sm=shootshoot.gif][sm=shootshoot.gif][sm=hia.gif][sm=happy046.gif][sm=happy046.gif][sm=happy046.gif][sm=happy046.gif]

Good luck in your search for a GT500 at MSRP. I really enjoy seening them on the road. Most everybody on this forum are pretty great guys. But this is a MUSTANG FORUM and some of us have different views. As a GT500 owner andnot aleasee in SoCal. the Shelby by far gets more attension then any viper. JMO the prowler is a much better looking car then the viper.

Just can't keep away? A bit envious it seems. Grow up child, just because you are always looking at the rear bumpers of nice cars doesn't mean you have to act like a jackass on the forum's.

If I didn't know any better I would say you are suffering from Viper Envy.

Yes their are always a few jack#$'s in every crowd. Doesn't really bother me, I read and type really fast and with everything you have to syphon through the bs to find the data your looking for.

OH OH I know its you!
WOW I just wasted about 10 minutes of my life I'll never get back. I can't believe that people actually bought into this troll. What a freak. If you like the Viper so much keep it. If you don't like the GT500 don't buy it. If you know so much why ask? I just don't understand some people.
How is it that anyone can write off a car that costs that much that has the GG tax applied to it?
I don't know where this ZAN is from but I don't see "lots of" GT500's sitting around and I live in the Mustangcapitol of the world....get a life dude!

Get a GT500, you won't be dissapointed. The 6spd, interior, and power is much nicer than a Mustang GT. I payed $7k over for mine about 5 weeks ago.

Are people on this forum that immature? Do you have such an inferiority complex that you have issue with people owning nice cars that you can't afford?

Ok for the young retarded juvenile's that lack an education, I will spell out the tax write off for you.
For Buisness owners that file a Schedule C.
Part II item 9 under Car and Truck Expenses:
Then you go to subsection Part IV
43 When did you place your vehicle in service for business purposes?
44 Of the total number of miles you drove your vehicle during 2006, enter the number of miles you used your vehicle for:
a) Business b) Commuting c) Other
45 Do you (or your spouse) have another vehicle available for Personal use?
46 Was your vehicle available for personal use duruing off duty hours?
47 a)Do you have evidence to support your deduction?
b) If Yes is the evidence writtn?

Now if you are too retarded to understand what I just wrote then don't even attempt to reply as your not worth explaining anything too.
The rules for using a vehicle for a tax deduction are fairly straight forward. As long as you keep a written log for the date you drove the vehicle between offices and the number of miles you can deduct the vehicle. You cannot deduct it if you are going from your home to a work place as that is considered a commute to work and is not eligible for a deduction. However if you work at two seperate locations and you are using the vehicle solely to commute between your buisnesses than that is deductible.

I do not know the upper limits of how much can be deducted, someone in this forum mentioned 45k as the ceiling. My plan is to spread the vehicle's cost out over 5 or 6 years.

Oh and how am I trolling a forum when I am asking for information? I explained my situation straightforward. It was a few idiots on this forum that divulged into the GT500 is better than a Viper concept, or that I should use the Viper as a daily driver.

Seriously if you can afford to get the better car Gt500 vs GT, and you can write off 90% of the cost, then wouldnt you consider purchasing it?

The IRS really has no idea what kind of vehicle you are driving only that it is being used as a buisness expense. So for 5 years or so I use it to get from one facility to the other. Having a bunch of other cars allows me the flexibility to control the milage on all cars. So if I take the GT 500 to a car show and put on 30 miles non work related I can take the Jeep up to my work to make up the milage. As I won't drive the Mustang in the winter I am going to have a surplus of miles to use for leisure.

ORIGINAL: Zan186

Yes their are always a few jack#$'s in every crowd. Doesn't really bother me, I read and type really fast and with everything you have to syphon through the bs to find the data your looking for.

Some other questions I have about the GT 500:

Gas Mileage? They have it listed as like 15 to 20(highway), is this influenced by the boost settings or just by the lead in your foot?
Under 15 mpg highway would definately steer me away from the GT 500. I am expecting to average around 17 to 18 with 85% of my driving being highway type.

To elaborate what I am looking for/thinking of :
The Viper has me all wound up where I just enjoy driving it. I what it is but I just absolutely enjoy the car. But I am married with 3 kids and I can only take 1 with me. I hardly ever have my wife in my Work car as her car is the family car, so I need to only seat 4.
I enjoy not only driving the Viper but I actually kind of like the extra attention. Never thought I would but I have tons of people talking cars to me at the cruise nights and car shows.
So I am looking at the Mustangs as a compromise. I want the joy of driving my sporty car with the practicality to pick up the kids.

I have pretty much decided the mustang is the car I want for satiating my sports car desires. The Viper is a sunshine nice weather only car. Mustang will be a Spring/Summer/Fall car. I will store it when it snows, but rain I am not too worried about.

Deciding between the GT and the GT500 is what I have to ponder over the next 10 months.
Practicality the GT is far superior to the GT 500 in just about every way. It is less expensive, has better gas milage and has the option for an automatic.
The GT500 has a more unique agressive look to it, has the potential to be worth more in the future (I like the car shows :) ), and the vehicle is pretty much done from factory (don't have to modify it to make it go faster or sound meaner).

I am one of those people who doesn't like to buy an inferior model when their is one that is better. I would kind of kick myself if I bought the GT and the 500 became a classic. Not really interested in selling as I make enough money in my profession, but I do like possessing speacial items (cars). The Viper will always be my dream car, but it is like a 5 year old kid that I have to baby sit it where ever I go.
Even though the GT500 is a nice sports car, it isn't as eye catching and thus much less likely to get abused by jerks in a parking lot.

Other neg on the GT 500 is that it takes SuperUnleaded or Premium. If you turned the boost off or down (if that can be done) would the car run on 87 Octane without knocking? Also what about E85 capable?


Unfortunately, I don't think you could ever get a supercharged vehicle to run properly on 87 octane. Neither the GT or the GT-500 are E85 capable, either.

Have you considered insurance, too? I bet it wouldn't be too bad, as you sound older and have multiple cars.

I think you have your options nailed down pretty well. The GT is by far the most practical in all regards. The GT-500 is clearly the best performer.

If exclusivity or performance are your aims, then the GT-500 is the choice. If you like a more practical daily driver, then you'll want the GT.