Fair Market Value?


Bony, as usual, has a well thought out and accurate answer. Yes, 60's muscle cars have went up alot, but it took 40 years to do it. A shelby only 7 or 8 years ago didn't command nearly the money it does today. Last year I couldn't click (buy it now) on a low milage GT for under 170, let alone 150K. I'm still waiting to buy my GT, probably over the winter, but not as an investment car. Passion for the car is the driving force. I hope after I buy it that it doesn't go goofy in price so I'm comfortable in beating those ponies with great abandon.

Steve
 
Not unlike most other owners on the Forum, we have a stable of cars - Porsches, Mercedes, etc., and just sold my wife's '64.5 Mustang. I simply can't be more pleased with our Heritage and the likelihood that it will depreciate considerably less than the majority of the vehicles currently available in this price range. If it appreciates, that's simply a bonus. Meanwhile, we're going to enjoy the heck out of the GT!
 
The difference in the FGT and Ferraris of the past, etc, is that the FGT is a limited production run car with no replacement. It is unlike anything else in Fords History. Say what you will. I am not saying that these cars will be worth $200k next year, but I can tell you this, Years down the road.... Maybe 20 years, maybe more, maybe less, these cars in mint condition will be worth way more than they ever listed for MSRP. We can sit here and discuss this for hours upon hours, but none of us can prove at this point who will have the correct answer. Only time will tell.
 
I agree with you, my idea of an investment car is 10% per year appreciation.

Meanwhile drive the wheels off it.
 
bony said:
If you bought your fgt as an investment you made a big mistake.
My 2 cents
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Bony,

Normally, I'd say were 'aligned' in opinion (exception: Purple K or whatever it was). :biggrin

Not this time. I did buy the GT as an investment -- in the intangible - a piece of mind.

Try it with me now -- Close the door, press the "start" button, blip the engine, snick into gear -- sanity in an often upsidedown world. See, just a different form of investment :thumbsup
 
I think its all about supply and demand too. I believe these cars are in real demand. I don't care if they go up or down in value myself I love my car and hopefully I will never have to sell it so it really makes no difference to me.

But the point is how many people want and can afford the cars verses how many cars there are available. I think there is a huge market for the cars and 4000 is really not many in terms of how many can afford them. Look at the old cars going through Barrett Jackson, I would not pay anything like the prices they ask, mainly because i'm from the UK and to me they are over restored old junk. BUT they mean a lot to the right people. There is a market and those huge prices are because there is a demand. And I honestly believe the Ford GT means alot to a lot of people. They can only go up. Unless ford make another. Thats my opinion.
 
closeshave said:
Surly the fact that with age and (low) mileage they are not really depreciating means they are appreciating in value?
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Exactly!. Holding value with miles & age means they are appreciating. Every other car I have owned lost value/money when it was sold. The FGT is the only one I see not doing that. In actuality, if any/all owners could hold their prices to just above msrp, it would just make them easier to sell when buyers see that they won't be taking a bath when sold later. Just my .02125 worth!
 
Bony: I disagree to a point. I agree that the GT is not an "investment". If I wanted to invest $160K I would by Bonds returning 4% for a sure fire return or put the money elsewhere.

However, some cars are better bets then others as far as holding value and even appreciating as years go by.

My aluminum bodied Continuation series Shelby Cobra was appraised in 2003 for 33% more then I paid for it in 2001. Its worth even more now especially since aluminum Continuation Cobras are hard to come by today. I didn't buy it for an investment but I figured it was a better bet then a Viper or Vette in holding its value and/or even appreciating.

If Shelby American Implodes and one day when CS is gone...who knows...it could go up considerably in value. If Shelby American doesn't implode and they make a gazillion Continuation series in aluminum I expect my cars value will not increase. One thing for sure, I'll have enjoyed it in the mean time.

I see the GT as a good bet (unless Ford screws us by making a "new and improved version" of what was supposed to be a liimited production one time car)that my money is good in this car. If it goes up in value in future...great. It it just holds its value with inflation thats fine with me cause in the mean time I'm love'in it and that alone is worth it to me!:thumbsup
 
edit. Sorry.
 
Guys it is my opinion that we owners control the GT market, not the buyer. To keep the value up, simply do not offer it for sale at less than MSRP.

It's only when someone has a financial need and sells it for that reason, that the price goes down. Simply do not follow suit, there will always be those one time deals of a lifetime here and there. Meanwhile the demand stays the same. If you want a good car and play in this league then $10-$20k does not mean much over the years of ownership and enjoyment.

I do not see the demand dropping off anytime soon. I have bought and sold many fast Ford's Shelby's, Boss cars, even a Cobra ( big mistake:confused). In the Ford enthusiast world this is a real keeper. The Ford camp is very loyal and some will lose the left one to get one of these. There were far more Shelby's built than GT's, keep that in mind. I sold one that was one of the best in the world to get this car. I do not miss it one bit, even after over 34 years of ownership. This car outperforms it in every way possible and draws even bigger crowds, more ooo's and ahhhh's. Heck it even has a Fm radio. This is the Cobra for next 40 years IMO. If we are really under 3,000 copies U.S. and dropping I think you have a car that will hold up very very well over the years. I know many a Shelby guy that is thinking the same way.

Just my .02
 
cobrar :thumbsup

Most here are far from financially unstable, (Unless your into flipping real estate or day trading :lol)...

Tight nit group of pride of ownership, and the way most of you drive, (Especially with Whipple, 3.9 diff combo's), I figure half of the unmolested FGT's will be around in 5-10 years.

Bottom line is where else can you get the rush / attention for your $160ish investment on enjoying your success now?

:thumbsup
 
Recent Sale

An '06 red/white stripe 4 option car with 28 miles on the clock sold yesterday on ebay for $170k.

An '05 white/blue stripes and big mac car with 1,300 on the clock was ended early by the seller with a high bid (reserve still not met) of $160k. When an ebay car auction ends early, it usually means the seller got his price. How much that was above $160k is conjecture, however it supports the current prices for FGT's at or above MSRP.

There is no need to sell these cars under MSRP as there are apparently people out there willing to step up at sticker (or above for really low mile examples).

usmcfred
 
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Interesting to guess how many owners visit this forum. We have slightly more than 2000 registered users.

Several owners that I know never come on the this forum.

We have been told 10% of the fleet was crashed. How many will be rebuilt? We know 101 went to Europe and the Canucks got the last 200.

The right price is what you paid for it. :)
 
not a owner

im not a owner yet , but i would pay msrp or even over for the right car. so even though i should not say this here i think a 5 to 10 over msrp for a low mile car is very reasonable i ve been looking for a car for a while now and that seems to be the market. as far as investment, long term the car will do well but over the next few years i think low mile cars wil bring the same amount they have been bringing. it always depend on the economy too. when everybody has money prices go up.
 
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bony said:
Interesting to guess how many owners visit this forum. We have slightly more than 2000 registered users.

Several owners that I know never come on the this forum.

We have been told 10% of the fleet was crashed. How many will be rebuilt? We know 101 went to Europe and the Canucks got the last 200.

The right price is what you paid for it. :)
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Bony you are on point......If any one bought for investment, they need to take a refresher course on economics. the fun factor will cost you 5% a year...then you can ad any up tic in return ....just dosn't add up...........
 
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