Watched my car depreciate today.....


GTdrummer

GT Owner
Mark II Lifetime
Le Mans 2010 Supporter
Mar 13, 2010
2,104
Richmond Virginia
Jeff and Ralphie are my role models. And I will bet you their cars pull as strong and run as well or better than a 1000 mile car . I remember having a very Viper and I put 50,000 miles on it. Folks thought I was crazy.
 

roketman

GT Owner
Mark IV Lifetime
Oct 24, 2005
8,006
ma.
13,000 here, and EACH is priceless. A couple of them where at 210 mph. Can't say that about any other car I've owned. Going on my sixth year now in this monogamous relationship with my GT :)
Mitty ,
Isn't monogamous and monotonus the same thing?
Like exotic and erotic?
 

PL510*Jeff

Well-known member
Mark IV Lifetime
Le Mans 2010 Supporter
Nov 3, 2005
4,881
Renton, Washington
With that formula, Jeff's car at 88K miles is worthless. Jeff, send me your car, I'll take it off your hands.:lol

Nice try hhgt................not leaving my care for a long time.
 

Black GT

GT Owner
Mark II Lifetime
Jan 2, 2006
771
Black GT......I bought my Black n/s from Shelby 12 months ago with 10,400 miles ! Put it to sleep for the winter in Nov with 11,600. Will try for 13,00 next Nov !!

Nice brother! The black no stripes look so sinister and exotic looking. Congrats on getting a beauty. Enjoy putting the miles on her!
 

w. mitty

GT Owner
Mark IV Lifetime
Sep 1, 2005
704
Mitty ,
Isn't monogamous and monotonus the same thing?
Like exotic and erotic?

So when the Ferrari gets here what will I be, an exotic polygamist? :rofl
 

BlackICE

GT Owner
Nov 2, 2005
1,416
SF Bay Area in California
So when the Ferrari gets here what will I be, an exotic polygamist? :rofl

That doesn't sound like a bad thing to be. :lol
 

MTV8

GT Owner
Mark II Lifetime
Jul 24, 2010
1,017
Houston Texas
My appreciation for that vehicle far outways it's depreciaton.

I like that line.
 

Ed Sims

GT Owner
Mark IV Lifetime
Apr 7, 2006
7,853
NorCal
I can't wait to get to the magical 50,000. I am at 35,000 now. I'll let my survivors find out what my GT is worth.

Ed
 

soroush

Ford Gt Owner
Mark II Lifetime
Aug 8, 2007
5,256
With that formula, Jeff's car at 88K miles is worthless. Jeff, send me your car, I'll take it off your hands.:lol

that formula is partially true, what he didnt tell you is that after 50K miles you start adding $4/mile to the price :)
 

roketman

GT Owner
Mark IV Lifetime
Oct 24, 2005
8,006
ma.
So when the Ferrari gets here what will I be, an exotic polygamist? :rofl
Very funny! I was waiting for your keen wit to surface!
 

jaxgt

GT Owner
Mark IV Lifetime
Jul 12, 2006
2,795
So when the Ferrari gets here what will I be, an exotic polygamist? :rofl

Mitty - what Ferrari are you getting, 599GTO or ? I recently acquired a 458 and have put about 1100 mi on it. Quite different than my GT.
 

PL510*Jeff

Well-known member
Mark IV Lifetime
Le Mans 2010 Supporter
Nov 3, 2005
4,881
Renton, Washington
that formula is partially true, what he didnt tell you is that after 50K miles you start adding $4/mile to the price :)

I like the way you think...88,800 less first 50,000 = 38,800.

38,800 x $4.00 = $155,200.00.


$155,200 less $ purchase price of $149,500 = $5,700 of appreciation.

Not as much positive as those that are into gold, pipelines, Google and APPL.

And without any scientific findings, I would guess my GT is more than likely The most photographed GT on this planet.

Get 'em outa the garage and drive 'em!
 

w. mitty

GT Owner
Mark IV Lifetime
Sep 1, 2005
704
Mitty - what Ferrari are you getting, 599GTO or ? I recently acquired a 458 and have put about 1100 mi on it. Quite different than my GT.

i ordered a 458, scuderia red/black race seats. Supposed to be here in about two months. Look forward to comparing notes with you once it gets here!
 

jaxgt

GT Owner
Mark IV Lifetime
Jul 12, 2006
2,795
i ordered a 458, scuderia red/black race seats. Supposed to be here in about two months. Look forward to comparing notes with you once it gets here!

Sounds great. My car is all black. Have an old post under Other Cars.
 

tiger 6

GT Owner
Mark IV Lifetime
Mar 5, 2006
234
virginia
I can't wait to get to the magical 50,000. I am at 35,000 now. I'll let my survivors find out what my GT is worth.

Ed
+1: 29,000 plus and many more to come.
 

HIRISC

GT Owner
Mark II Lifetime
Mar 14, 2007
259
Minneapolis, MN
Why 8%? Is this a known factor?

No.

GO DRIVE YOUR CAR Jason!

Brother, life is too short to not drive it as often as possible.

Got mine in late fall from Shelby w/ 5800 miles on it. I managed to put > 1,000 smile-filled miles on her before 'winter'.
 

Joehand1

Tungsten GT Owner
Sep 20, 2007
599
Hattiesburg, MS, USA
Why own it if you don't drive it....I'm at 14k, just as tight as the day I bought it.