Do you guys think a Shelby Super Snake will hold their value
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BlackICE
GT Owner
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HHGT
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SP500 > Ford GT > Super Snake > GT 500>All the other cars ever made:thumbsup>BMW:thumbsdow
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BlackICE
GT Owner
I may have to reluctantly agree. My 750il has dropped like a rock in a vacuum on Jupiter compared to a Toyota! I think a large part of decline is due to the expiration of warranty and maintenance coverage.
Empty Pockets
ex-GT Owner
Calling Stephen Hawking...calling Stephen Hawking... :willy:willy:willy
Uuuuh, I azz-sume dat's not real good, huh...:biggrin
Appreciate depreciation.
Do you guys think a Shelby Super Snake will hold their value?
Black GT,
I think you would get a lot of enjoyment out of driving one. But as the Super Snake will be produced in whatever numbers customers choose to order, and as faster, more powerful versions are on the horizon, they will not hold their value like the Ford GT. Ford GT numbers are decreasing weekly as they are shipped out of the country and demolished in accidents stateside. There is no newer, hotter, faster Ford GT on the horizon. Shelby Automobiles in Las Vegas is an ongoing concern that needs to continue producing automobiles to stay in business.
I own two Shelby Mustangs and although they have both depreciated rapidly, I enjoy them both. If I had my depreciating GT500 turned into a depreciating Super Snake I would probably enjoy it even more! Every time I turn the key and fire one up, I appreciate!
Chip
Do you guys think a Shelby Super Snake will hold their value?
Black GT,
I think you would get a lot of enjoyment out of driving one. But as the Super Snake will be produced in whatever numbers customers choose to order, and as faster, more powerful versions are on the horizon, they will not hold their value like the Ford GT. Ford GT numbers are decreasing weekly as they are shipped out of the country and demolished in accidents stateside. There is no newer, hotter, faster Ford GT on the horizon. Shelby Automobiles in Las Vegas is an ongoing concern that needs to continue producing automobiles to stay in business.
I own two Shelby Mustangs and although they have both depreciated rapidly, I enjoy them both. If I had my depreciating GT500 turned into a depreciating Super Snake I would probably enjoy it even more! Every time I turn the key and fire one up, I appreciate!
Chip
Not 4N
Tungsten GT Owner
I can't agree more Chip, but, although not a SS, I think my GT500 is actually appreciating. :biggrin
fjpikul
GT Owner
BlackICE
GT Owner
Frank I guess you spend more time in the lab than at your stock broker or Wall Street SP500 = Standard and Poors 500 and index of 500 large cap publicly traded companies.
http://en.wikipedia.org/wiki/S&P_500
Nothing to do with cars, other than that price of the sp500 is highly correlated with the demand and pricing of luxury and exotic autos.
fjpikul
GT Owner
SYCO GT
GT Owner
"BMW badges should be gold-plated..."
http://www.forbes.com/2005/07/18/cars-vehicles-lifestyle-cx_dl_0718feat.html
From another article:
In a recent study published by Kelly Blue book called the "Kelley Blue Book of Residual Values," experts measured the actual value that various cars held over time. In this study, the used BMW 5-Series won a top spot for retained value. Leading with 1st place for its ability to retain value was the BMW Mini Cooper. Kelley Blue Book also forecasted that used BMW models across the board will retain their value best over the next 5 years.
Almost all of the top slots in the overall survey were awarded to luxury vehicles. No matter which type of use luxury car you choose, it's much more likely to retain its value than a non-luxury vehicle. If you're looking for a used luxury car with top grades, the used BMW 330 series, 5-Series, and Mini Cooper are winning choices.
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Indy GT
Yea, I got one...too
Frank, for what it is worth, I too did not get the SP500 reference....
Now if he had used S&P500, I think that would have been a bit more decipherable.
A few cars out there with the moniker "500" in the name description.
Now if he had used S&P500, I think that would have been a bit more decipherable.
A few cars out there with the moniker "500" in the name description.
SYCO GT
GT Owner
I'm a former SEC Registered Representative (Portfolio Investment Specialist) and I'd never seen it called simply SP500, so I missed the reference completely also.
in 20yrs plus???
2010 Shelby now produce 540HP, Would Ford do something like this on purpose? The KR puts out 540HP, wow it must be a coincidence that the new Shelby would put out the same. You would figure Fords new Shelby would put out 525HP. This is so the people who sent their cars to Shelby for 28K-32K KR upgrade would always be happy.
I currently have a 07 Shelby coupe and a 07 convt with only 6 miles. Getting a reasonable offer on one of these cars is almost impossible!
I am sticking with the sure bet and its the real deal Ford GT!!
The answer in my book is NO, you are better off getting a stock Shelby and adding all the performance options you desire but good luck in your own decision.
_______________________________
Moderators note.
This forum exists for the enjoyment of Ford GT/Ford Motor Company/Shelby automobile enthusiasts. Both the Ford Motor Company and Shelby automobiles must make a profit in order to survive. So does my business. It does not promote goodwill among our members to refer to any business striving to make a profit as a "money grab". Carroll Shelby has spent a lifetime building an amazing automotive legacy and he is a living legend. He is not perfect and either am I. He is trying to make a lot of money which is exactly what I, and every other business in the United States is trying to do. In the 1960s Carroll Shelby built as many cars as he could sell at that time. Today, a limited number of those 1960s survivors are worth a lot of money. Many purchasers of modern Shelby Mustangs hold the mistaken notion that Shelby automobiles should produce a limited number of new Shelby Mustangs and then voluntarily bankrupt their company and go out of business so that the supply of modern Shelby Mustangs would be limited as well. This might enhance their resale value, but it's unrealistic. Shelby automobiles exists to make a profit and to do that they must continue to produce better/faster/more desirable automobiles. That's not a money grab, that's free enterprise. God Bless America.
Chip
2010 Shelby now produce 540HP, Would Ford do something like this on purpose? The KR puts out 540HP, wow it must be a coincidence that the new Shelby would put out the same. You would figure Fords new Shelby would put out 525HP. This is so the people who sent their cars to Shelby for 28K-32K KR upgrade would always be happy.
I currently have a 07 Shelby coupe and a 07 convt with only 6 miles. Getting a reasonable offer on one of these cars is almost impossible!
I am sticking with the sure bet and its the real deal Ford GT!!
The answer in my book is NO, you are better off getting a stock Shelby and adding all the performance options you desire but good luck in your own decision.
_______________________________
Moderators note.
This forum exists for the enjoyment of Ford GT/Ford Motor Company/Shelby automobile enthusiasts. Both the Ford Motor Company and Shelby automobiles must make a profit in order to survive. So does my business. It does not promote goodwill among our members to refer to any business striving to make a profit as a "money grab". Carroll Shelby has spent a lifetime building an amazing automotive legacy and he is a living legend. He is not perfect and either am I. He is trying to make a lot of money which is exactly what I, and every other business in the United States is trying to do. In the 1960s Carroll Shelby built as many cars as he could sell at that time. Today, a limited number of those 1960s survivors are worth a lot of money. Many purchasers of modern Shelby Mustangs hold the mistaken notion that Shelby automobiles should produce a limited number of new Shelby Mustangs and then voluntarily bankrupt their company and go out of business so that the supply of modern Shelby Mustangs would be limited as well. This might enhance their resale value, but it's unrealistic. Shelby automobiles exists to make a profit and to do that they must continue to produce better/faster/more desirable automobiles. That's not a money grab, that's free enterprise. God Bless America.
Chip
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H
HHGT
Guest
This car was selling for $100K only 3 years ago. The only thing that should get gold plated is its rapid loss - 50-60% loss... Sorry Randy...
This is what the 2006 M5s are selling for...
04/17/09 NEVADA Lease $44,000 30,517 Above BLK SAPH 10G A Yes
04/17/09 NEVADA Lease $39,000 41,647 Avg BLK SAPH 10G A Yes
04/17/09 DFW Lease $35,000 59,043 Below BLACK 10G P Yes
04/16/09 W PALM Regular $34,000 70,022 Below WHITE 10G A Yes
04/16/09 NEVADA Lease $39,500 39,121 Avg BROWN 10G A Yes
04/16/09 MANHEIM Lease $43,500 29,337 Above SILVSTNE 10G S Yes
04/16/09 ARENA Regular $44,800 29,110 Above Blue 10C A Yes
04/15/09 BAY CITI Regular $41,800 30,621 Avg BLUE 10G A Yes
04/14/09 FAAO Regular $38,200 39,594 Avg BLUE 10G A Yes
04/09/09 W PALM Lease $41,400 41,724 Avg BLACK SA 10G A Yes
04/09/09 W PALM Lease $41,000 23,786 Avg INTERLAG 10G A Yes
04/09/09 W PALM Lease $39,800 31,232 Avg INTERLAG 10G A Yes
04/09/09 CHICAGO Regular $39,000 38,073 Avg SIL 10G A Yes
04/09/09 ATLANTA Regular $40,475 32,961 Avg 10G Yes
04/07/09 FAAO Lease $41,000 29,626 Avg INDIANAP 10G A Yes
04/03/09 MANHEIM Regular $43,500 26,309 Above BLACK 10G 6 Yes
04/01/09 BAY CITI Lease $43,500 20,735 Above BLACK SA 10G A Yes
04/01/09 BAY CITI Lease $40,750 34,185 Avg BLACK SA 10G A Yes
04/01/09 BAY CITI Lease $38,500 50,672 Avg BLACK SA 10G A Yes
04/01/09 ATLANTA Lease $42,400 20,089 Avg SLVRSTON 10G A Yes
04/01/09 ATLANTA Lease $42,000 29,239 Avg BLK SAPH 10G A Yes
04/01/09 ATLANTA Lease $41,600 29,110 Avg INTERBLU 10G A Yes
04/01/09 ATLANTA Lease $36,200 47,019 Below SLVRGRAY 10G A Yes
04/01/09 ATLANTA Lease $36,000 47,089 Below SILVER 10G A Yes
03/27/09 MANHEIM Regular $39,250 48,481 Avg BLACK 10G A Yes
03/26/09 RIVRSIDE Regular $44,750 13,325 Above L BLUE 10G A Yes
03/25/09 NADE Lease $44,500 20,351 Above BLACK SA 10G A Yes
03/25/09 NADE Lease $40,500 43,481 Avg BLACK SA 10G A Yes
03/25/09 NADE Lease $40,000 48,799 Avg SILVERST 10G A Yes
03/25/09 MILWAUKE Lease $38,500 20,074 Avg SILVERST 10G A No
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HHGT
Guest
BTW, I would not put too much stock in Kelly Blue Book either. Last I heard they were being sued.
BlackICE
GT Owner
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HHGT
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