A few have talked about the rebates, and special financing. Both of which the Shelby cars are NOT eligible for... If dealers are doing it I'd like to know how. When I worked at a big Ford dealership, all of that stuff(when entered into system) would tell you whether or not the vehicle met the requirements.
My shelby had a $2500 rebate or 0% for 48 months, .9% 60 months, 2.9% 72 months and the dealer got a $300 rebate for something that they put against the price. It may depend on your area because they loaded my zip code to see what I was eligible for.
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2007 4.0 5spd Vista Blue w/ White stripes (Wifey's) 2007 Shelby GT 5spd Black (Mine :)
Also a dealer in Kansas City was offering 0% for 60 months in leu of the $2500 rebate. Like I said I think it depends somewhat on location. However the 2007 cars that are still on the lots are being discounted.
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2007 4.0 5spd Vista Blue w/ White stripes (Wifey's) 2007 Shelby GT 5spd Black (Mine :)
The way I see it... What's a few grand more on the front-end for a car that will at a minimum, double in value in 20 years time on the backend vice saving a few grand for a car that will be worth only a fraction of it's original price in 5 years.
I didn't just by the car for it's potential upside... owning a Shelby which is rarely seen on the street (e.g. Z06's are a dime a dozen) along with driving it to car shows and on cruise nights is the added icing on the cake.
In the first 10 years, a Shelby will typically take a slight hit... but after that, once they've bottomed out, they start shooting up in value from there.
Nice to know if one does need to sell it before the 10 year mark, that you can still get close to what you paid for it at MSRP (Trade-ins are the exception).
If you think about it for a minute or two... In a round about way, owning a Shelby longterm is as close as you can get to owning/driving a s**t hot car for free (and then $ome) when you factor in the car's upside potential.
No rocket-science required... just check out what Shelbys are going for on Ebay and do the math IRT the production numbers, serialization, etc...
It's a no brainer!!!
R/ J
< Message edited by Jimbroski_00 -- 1/29/2008 7:53:35 PM >
The way I see it... What's a few grand more on the front-end for a car that will at a minimum, double in value in 20 years time on the backend vice saving a few grand for a car that will be worth only a fraction of it's original price in 5 years.
If you bought the Shelby GT with the intention of keeping it in near mint condition until 2027 to find out what it brings at Barrett-Jackson, than more power to ya. That also means you can afford to pay whatever the markup was/is on it.
Problem I see with that is you driving down the road 5-6 years from now on a beautiful afternoon, and some jagoff runs a red light and t-bones the fu*k out of your car and demolishes the thing. Then what? You tell them them the car is worth double what you paid for it cause it was Shelby and the insurance company cuts you a check for $60K? Sorry, I don't see that happening...
You can get "collector's insurance" coverage on a vehicle that is brand new? How do you know it's going to be a collector car? Because the namesake says so?
Surely those that bought these pony cars and rare Shelby cars of the 60's had no idea they'd be worth what they are today. But that's no guarantee that these cars from today will be the same in 2030 and beyond.
Who knows what 25 years of technology and industry brings? We might all be riding around on hydrogen powered hovercrafts or something, and all gasoline motored vehicles might be outlawed from operating on what's left of the highway system. Then what?
I had someone torch my 05 GT Convertible and went to try and find a GT-500 Cobra and found a 2007 sitting in the dealership (South Eastern Michigan). I don't recall the sticker price but I offered like 15 K over sticker (it was a cash deal! I would have given them a check on the spot! and they said "Nope!" They wanted 25 K over sticker!
So I went out to another dealership and got another GT but then ordered the Steeda Q350 package right from the Ford Dealership! Can you tell by my sig I really wanted the GT-500?
They were crazy high price in my area less than a year ago!
< Message edited by 08Steeda -- 1/30/2008 6:13:07 PM >
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2008 Mustang GT + Steeda Q350
This is what happens when big kids have to have big toys!!!
Just for your information there were 8115 Shelby GT's built in '07. I have a Black/Silver one and there were only 1688 built in that color scheme. 1 out of 1688 sounds like more of a collectors item than 1 out of a hell of a lot of plain gt's. It all comes down to taste and style for each indiviual. If you want to tinker and street rod then why spend the money for the Shelby, but in my case the wife wanted to buy it for me as a Christmas present knowing I liked the look and would be an occasional cruiser. How could I say no thanks? I think that is plain to see that even though there are many opinions on what to buy, everone on this site is happy with the Mustang they have. This is my first and I hope to enjoy it as much as it sounds like many of you do.
Just for your information there were 8115 Shelby GT's built in '07. I have a Black/Silver one and there were only 1688 built in that color scheme. 1 out of 1688 sounds like more of a collectors item than 1 out of a hell of a lot of plain gt's. It all comes down to taste and style for each indiviual. If you want to tinker and street rod then why spend the money for the Shelby, but in my case the wife wanted to buy it for me as a Christmas present knowing I liked the look and would be an occasional cruiser. How could I say no thanks? I think that is plain to see that even though there are many opinions on what to buy, everone on this site is happy with the Mustang they have. This is my first and I hope to enjoy it as much as it sounds like many of you do.
Your wife has excellent taste in automobiles............
Enjoy your Shelby..... I do every day.............
Haggerty will insure your vehicle for what you think it is worth, like if you paid 55000 for a GT500 but the MSRP was 44000, insurance companies may only pay the vehicle's msrp if totalled. From what I hear that is...
Haggerty will insure your vehicle for what you think it is worth, like if you paid 55000 for a GT500 but the MSRP was 44000, insurance companies may only pay the vehicle's msrp if totalled. From what I hear that is...
I thought something like Hagerty was like an "Agreed Value" ? So if thats the case and its in writing then that would be great but, Im not sure they would agree on a value that is higher then its actual worth. if you pay any ADM on the car, then you payed it because "You" felt the car was worth it, but, Hagerty may think the car being new and can be bought for msrp may not give a "Collector Value"? Does that make sence or am i talkin out my arse again?
Who cares...? I was just playing devil's advocate, cause my father is a senior insurance claims specialist, and stuff like this gets brought up all the time. Especially with all the Shelby's around now.
If you bought them to keep in showroom condition, then more power to ya. I hope all 8000+ Shelby GT's are sold 30 years from now for $200K+, and all the Shelby owners get rich off their "investment".
If you bought the cars to drive them and enjoy them, then keep doing it...
If we are all alive 30 years from now to discuss it, than we will.
< Message edited by Blackhawk -- 2/2/2008 12:30:08 PM >
Posts: 3928
Joined: 4/6/2005 From: West Los Angeles Status: offline
you can insure your car for whatever amount your Shelby costs. But you'll be paying higher premiums to make up for it.
As far as the mustangs going for $200,000+ at auction, almost all those were very special Mustangs, even back when they were built. This 1969 Boss 429 went for $300,000 but the guy knew it was special and kept it in perfect condition.
If you want that kind of appreciation you'll have to do what he did and trust that most other models will get wrecked or have too many miles put on them. But you'd still be better off buying gold!
Who cares...? I was just playing devil's advocate, cause my father is a senior insurance claims specialist, and stuff like this gets brought up all the time. Especially with all the Shelby's around now.
If you bought them to keep in showroom condition, then more power to ya. I hope all 8000+ Shelby GT's are sold 30 years from now for $200K+, and all the Shelby owners get rich off their "investment".
If you bought the cars to drive them and enjoy them, then keep doing it...
If we are all alive 30 years from now to discuss it, than we will.
In 30 years I will:
A. probably be dead by then. B. Not remember what a car is. C. Won't care about anything. D. Be yelling "What?" to everyone around me all the time. E. All the above.
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RE: Shelby GT-C... LMAO!! - 
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