Shelby#18
GTX1 Owner/Moderator
Now you could probably buy one off one of the salvage cars and send it to the GT guys for their conversion.
Long Term GT Value Question
- Thread starter GTMikey
- Start date
Now you could probably buy one off one of the salvage cars and send it to the GT guys for their conversion.
Gulf GT
GT Owner
Saleen just quoted me last week $6500 for the bubble and $8-9,000 for a new door. The door has to be fit to the car if you get a new door. IMO it does not make sense to do it on another door. Remove the door, send it to Saleen, then put your door back on. However, removing the door is a pain. The bubble is a wanted item in the secondary market even now, and no matter what the argument it would not hurt the value of the car. If you're going to do it, do it on your current door.
Gulf GT
GT Owner
SYCO GT
GT Owner
I'll bet that it's not all that easy or inexpensive to properly protect and ship also.
Very neat mod though, and practical for some of the extra tall drivers...Or helmeted tall drivers...
YoungCEO
GT OWNER
Hey Mike,
Lets face it my car will always have a soft spot in your heart, it was mine that you set in. Just a thought when you left I noticed that I had the steering wheel at the lower position and pull back to me. So with that in mind you can lift it and push it forward to give you a little more room.
The investment thing.......I also thought I was buying mine as an investment, since then that has all gone out the door. Once you drive the car you will soon realize the investment is driving the car and the memories are more than any money you will make.
I told myself I would leave it stock, but now I have decided to go for the lower kit, Pulley upgrade and tune, bumper delete kit, exhaust and yes the tricked out Lambo doors. Now all I have to do is get it in the shop.
Buy one for an investment and the when you get it you will realize you did just that, the best investment for good times and memories.
YoungCEO
Lets face it my car will always have a soft spot in your heart, it was mine that you set in. Just a thought when you left I noticed that I had the steering wheel at the lower position and pull back to me. So with that in mind you can lift it and push it forward to give you a little more room.
The investment thing.......I also thought I was buying mine as an investment, since then that has all gone out the door. Once you drive the car you will soon realize the investment is driving the car and the memories are more than any money you will make.
I told myself I would leave it stock, but now I have decided to go for the lower kit, Pulley upgrade and tune, bumper delete kit, exhaust and yes the tricked out Lambo doors. Now all I have to do is get it in the shop.
Buy one for an investment and the when you get it you will realize you did just that, the best investment for good times and memories.
YoungCEO
silver1331
GT Owner
I agree with everyone here. We all think the GT makes a decent investment but in reality we could make a better annualized return elsewhere with our cash...but then having that extra cash wouldn't make us as happy as seeing a GT in the garage!
Having said that - i'm 5'8" and should be asking this question on value added/subtracted from the bubble. If you're 6'5" and the bubble is a "must" sounds like question of the "investment return" of the bubble is a moot point...
GL on your decision!
Having said that - i'm 5'8" and should be asking this question on value added/subtracted from the bubble. If you're 6'5" and the bubble is a "must" sounds like question of the "investment return" of the bubble is a moot point...
GL on your decision!
B O N Y
MODERATOR & FGT OWNER
The FGT is a great car.... truly world class. As is every current model of Ferrari, the minute the replacement is annouced, the value of the car will crash. Good news today is that there is no replacement on the horizon. When they build 4038 of the FGT they guaranteed that is will not be a collector car.... To many have already been put away in false hope that they are in investment.
Drive the wheels off them, enjoy them, but you will be let down if you think you have an investment.
There will be a replacement from Ford, the big question is when.
Drive the wheels off them, enjoy them, but you will be let down if you think you have an investment.
There will be a replacement from Ford, the big question is when.
tmcphail
GT Owner/Vendor
BlackICE
GT Owner
This is only my opinion.
Given Ford's poor financial heath (although improving), gasoline prices, CAFE standards and PC. When, may be a long time from now, if ever. I think the GT has a better than 50% chance of being the last of its kind to be made be Ford. Ford may produce other high performance cars surpassing the GT in HP and other area, but they won't be priced at the save level as the GT and will not have the heritage of the GT. That said, I still agree with Bony, a GT is a poor investment, just not as poor as a current production F car! :biggrin
The 1st statement says it all. There are lots of delivery miles FGT tucked away as a car investment. So you may as well drive yours if it has more than 1k miles.
Unless Ford builds a MKII or a MKIV I can't see how a Ford Capri can't steal the Ford GT's thunder of being Ford's homage to the most important car in its history.
Gulf
To put things in perspective they built around 780 Miuras in total. There is 1 only original Miura Jota (Wallace's personal car) and only 5-6 Miuras that received the Jota treatment by the company.
That these 5 cars command a premium is natural.
There are several other Jota "replicas" around. The price for these is much more volatile than a stock Miura as the collector shys away and the enthusiasts that want/need a Jota are not that many.
Also making a thruthful Jota replica is virtually impossible as Wallace made a lot of changes to the car that are not documented and required one off solutions.
B O N Y
MODERATOR & FGT OWNER
If all of a sudden there are 500+ FGT's on the market, what do you think will happen to the price??? When they build 4000+ of anything, forgetaboutit.:lol
Hope I am wrong, that the FGT is the one exception to the rule.:wink
I agree with you that the FGT is not a good investment. The reason is the 4000+ cars produced.
I guess we are not arguing. I was just saying that in my opinion Ford could do nothing to affect the price of the FGT now short of building a MKII or MKIV.
I think the the FGT is quite unique in its blend of wonderful modern supercar and heritage. In fact I think it's a real bargain. You get the objective qualities of a wonderful car (like an R8, 911, F430 etc) with the emotional connection to one of the most famous sports car ever.
If Porsche build a road 917 I doubt they'd charge $160k for it.
I think this is why prices are not coming down that much.
I guess we are not arguing. I was just saying that in my opinion Ford could do nothing to affect the price of the FGT now short of building a MKII or MKIV.
I think the the FGT is quite unique in its blend of wonderful modern supercar and heritage. In fact I think it's a real bargain. You get the objective qualities of a wonderful car (like an R8, 911, F430 etc) with the emotional connection to one of the most famous sports car ever.
If Porsche build a road 917 I doubt they'd charge $160k for it.
I think this is why prices are not coming down that much.
Fast Freddy
GPS'D 225 MPH
as far as cars go the ford GT is a good investment if you have a 30+ year time horizon. name any car made in america after 1980 that you think will yeild a better ROI than the GT 30 years from now......
all of the 60's and 70's sports and muscle cars that are peaking in value today will not be the coveted and sought after cars 30 years from now. the flavor of the decade runs in generational cycles. all the cars that are popular at Barrett-Jackson today won't be 30 years from now because the people who want these cars will be dead. 30 years from now you will have a younger generation of collectors. and guess what? they will want the Ford GT, the Saleen S7, the Viper and the C6 Z06 and the C6 ZR1, etc. not the cars from the 60's and 70's.
so again the Ford GT, the Viper ACR and FE, the ZR1 and the Saleen S7, etc are collector cars and will be the stars of the show in the future
in the meantime i wll keep investing in stocks, real estate and bonds, which is how i make my living. collecting cars is just a hobby for me that will pay itself off in the end
op
all of the 60's and 70's sports and muscle cars that are peaking in value today will not be the coveted and sought after cars 30 years from now. the flavor of the decade runs in generational cycles. all the cars that are popular at Barrett-Jackson today won't be 30 years from now because the people who want these cars will be dead. 30 years from now you will have a younger generation of collectors. and guess what? they will want the Ford GT, the Saleen S7, the Viper and the C6 Z06 and the C6 ZR1, etc. not the cars from the 60's and 70's.
so again the Ford GT, the Viper ACR and FE, the ZR1 and the Saleen S7, etc are collector cars and will be the stars of the show in the future
in the meantime i wll keep investing in stocks, real estate and bonds, which is how i make my living. collecting cars is just a hobby for me that will pay itself off in the end
op
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B O N Y
MODERATOR & FGT OWNER
Sorry, I can't agree at all.
Why do Vipers crash down in value when the newest, latest and greatest next model comes out? Same question needs to be asked about Ferrari's
Why do Vipers crash down in value when the newest, latest and greatest next model comes out? Same question needs to be asked about Ferrari's
IMO, the ROI on a Ford GT will never be measured in dollars. It appears there will be one, but it will not be anything to brag about. The real ROI will be the enjoyment and exhilaration that driving one provides. (and probably even looking a one in the garage). Many muscle cars appreciated 30+ times before they reached the msrp of our GT's. What's the likelihood of our GT's appreciating 30 times...to about 5,000,000. The answer is none unless the dollar becomes totally worthless. :cheers
Everybody keeps comparing the GT to other cars. That is where I disagree. I will be the first to say, no one can predict the future, but the GT is a car that I find impossible to compare to others in the past/present/future. As DBK, BONY, and others have said, there is no plan as of now for ford to come out with ANYTHING like the FGT. Will they go up in value.... If more people continue to want them than there are cars, then yes, the answer is simple. I think it says alot for the car that 2 years after the production has ended, they are/have been going up in value already with the economy in the shape its in. Most cars in this price range are suffering at this time. The ferrari F430 has come way down in price. The Lambos are sitting cold. Z06 corvettes have tanked. so on and so on. BUT, the FGT is holding strong. I think this says something for the car. I am not saying the GT is a for sure money maker in the distant future, but obviously, I am a believer in them considering at any given time I have 2 million or so invested in them. :biggrin
Buy them, Drive them, Enjoy them. If they make money... GREAT! If not, I think most here agree, its still not a loss! The enjoyment that came with them is worth 10 times what they paid. :wink
Buy them, Drive them, Enjoy them. If they make money... GREAT! If not, I think most here agree, its still not a loss! The enjoyment that came with them is worth 10 times what they paid. :wink
silver1331
GT Owner
Sorry, I can't agree at all.
Why do Vipers crash down in value when the newest, latest and greatest next model comes out? Same question needs to be asked about Ferrari's
Yeah i agree with shelby. Ferrari's' lambos, vipers all depreciate because there is a continuous production of newer units. No the case with the GT. I think supply and demand will drive prices and they are/will continue to go up. I've also said before that because only 101 were ever exported and the weak dollar MANY are being exported (Shelby - can you provide us color here just on your recent sales?) and will never see the US again. Each year more people want a GT (like me) and each year fewer are available (due to crashes, collectors or exports).
I think there is also a dynamic now where the car is 2-3 years out and some original owners are getting bored with them. I bet in another 2-3 years you will see alot fewer GT's for sale as collectors, enthusiasts or people like us just wont put them on the market (for whatever reason). that will drive prices up even further. just my 2c...
gtjoey
Keep Smiling - GT Owner
- Oct 14, 2005
- 3,455
Its funny 3 years out and if a GT comes up on ebay at buy me now 159,000 , 165,000 . People go oh my god the car is falling. Its still 20,000 above sticker 3 years later.:thumbsup GREAT CAR, REAL DEAL, AN HONOR TO OWN AT LEAST ONE :biggrin GTJOEY 1314
Gulf GT
GT Owner
I am well aware of all the facts on Jotas and Miuras, suffice it to say that I have either personally driven or been privy to the inside deals on likely the top 10 Miuras on the planet. Clearly, I am not saying that by adding the “Gurney bubble” it will add hundreds of thousands of dollars to the car, or that our car’s value is being compared to a Miura Jota, that’s ridiculous. The point of a Jota is it is one of dozens of examples I can think of that prove the fact that changes done to a car during production and after by factory sponsorship or ex-factory workers holds value, which is absolutely correct. Even items as small as if your engine was rebuilt by Wallace or some other ex-factory worker has made improvements to the car, it adds to the value of the car. Your other statement about “replicas” proves the converse of my point, and that is that non-ex-factory workers or non-factory improvements to a car does not generally add value to the car in the long run.