[Coltdog]

Wanted to pick your brains...

Who thinks the Shelby GT500 is going to be worth a lot of money when Carroll Shelby dies?

I have an black 07 GT w/appearance package and was getting ready for a supercharger and some other goodies, and I began to think about all the money wrapped up into the car. I figured for another 15K or so, I could buy the Shelby and still drive it and enjoy it, but have an investment at the same time. I can't decide what to do.

What do you guys think?

[McMillin]

I am waiting for sticker price and I would buy one, anyway I have an 07 GT with roush s/c, shifter, springs, painted strips, and clear coat. The dealer where I bought the car came down to 56k for GT500 I thought about It for a minute, and said no. The GT with the extras was 38k so I am happy for now. I think I will call the salesman to day and remind him that I am waiting for a GT500 for msrp. The closer we get to the time the challenger comes out the closer we may get to driving a GT500. JM

[Emay]

Just because Carrol kicks the bucket the value of the GT500 is not going to jump. It definately isn't going to jump with the premiums people are already paying for the car as is.

Look at how the vintage cars today are beginning to sell. The values are up because the cars are rare, prestine, and often times limited production. The downside is, the cars pulling awesome coin were owned as collector cars (little to no miles on them) and they were held by original owners for 25 to 40 years to get those premiums.

The GT500 isn't limited enough to have it be worth much more than blue book for many many years even if Carrol passes.

[BWAL]

Originally Posted by Emay Just because Carrol kicks the bucket the value of the GT500 is not going to jump. It definately isn't going to jump with the premiums people are already paying for the car as is. Look at how the vintage cars today are beginning to sell. The values are up because the cars are rare, prestine, and often times limited production. The downside is, the cars pulling awesome coin were owned as collector cars (little to no miles on them) and they were held by original owners for 25 to 40 years to get those premiums. The GT500 isn't limited enough to have it be worth much more than blue book for many many years even if Carrol passes.

dude, think about it.. if carrol shelby dies, of course the value is going to go up, just becuase there wont be anymore made.. i'd say that in 20 or 30 years, along with the ford GT, the shelby 2007 GT500 will be one of the most saught after cars.. i dont know about 2008 or 2009 or anything, but look how many 2007 GT500s were made.. not many.. and lookhow many you see driving on the road today.. not many at all.. most people cant afford the GT500 because of its price, just like back in the 60's.. the GT500 is a very rare car today (in my opinion) so just imagine how rare it will be in the long run..

[AF_COP]

im not paying the markup for anything... ill drive my GT and build it to run next to a gt500 for less than the mark up...

[GTNorm]

If anyone ever starts a class action suit for price gouging on the Shelby add my name to it. As much as I hate what lawyers do, I hate being gouged even more. Back on topic...I don't think his death would make a difference in price.It's supply and demand. they only made so many per year and the unfortunate wreck and total, the theives steal and chop, and the ignorant park in a field and let it rust.

[Emay]

Originally Posted by BWAL09 Originally Posted by Emay Just because Carrol kicks the bucket the value of the GT500 is not going to jump. It definately isn't going to jump with the premiums people are already paying for the car as is. Look at how the vintage cars today are beginning to sell. The values are up because the cars are rare, prestine, and often times limited production. The downside is, the cars pulling awesome coin were owned as collector cars (little to no miles on them) and they were held by original owners for 25 to 40 years to get those premiums. The GT500 isn't limited enough to have it be worth much more than blue book for many many years even if Carrol passes. dude, think about it.. if carrol shelby dies, of course the value is going to go up, just becuase there wont be anymore made.. i'd say that in 20 or 30 years, along with the ford GT, the shelby 2007 GT500 will be one of the most saught after cars.. i dont know about 2008 or 2009 or anything, but look how many 2007 GT500s were made.. not many.. and lookhow many you see driving on the road today.. not many at all.. most people cant afford the GT500 because of its price, just like back in the 60's.. the GT500 is a very rare car today (in my opinion) so just imagine how rare it will be in the long run..

Sorry man I disagree, we'll have to wait and see. I have 3 GT500's within 8 miles of my home. I don't live in ritz-ville either. I saw one out on the salty azz city street 2 weeks back (red w/white stripes). They may not be common as a GT, but they're more common than your making them out to be.

There in the category of the Z06, can't call it a super car, and definately can't call em a collectible. Doesn't matter who dies. People wanting the cars drives the market cost. Barrett Jackson actions is a prime example of my point.

So I'll agree to disagree.

[BWAL]

Originally Posted by Emay Originally Posted by BWAL09 Originally Posted by Emay Just because Carrol kicks the bucket the value of the GT500 is not going to jump. It definately isn't going to jump with the premiums people are already paying for the car as is. Look at how the vintage cars today are beginning to sell. The values are up because the cars are rare, prestine, and often times limited production. The downside is, the cars pulling awesome coin were owned as collector cars (little to no miles on them) and they were held by original owners for 25 to 40 years to get those premiums. The GT500 isn't limited enough to have it be worth much more than blue book for many many years even if Carrol passes. dude, think about it.. if carrol shelby dies, of course the value is going to go up, just becuase there wont be anymore made.. i'd say that in 20 or 30 years, along with the ford GT, the shelby 2007 GT500 will be one of the most saught after cars.. i dont know about 2008 or 2009 or anything, but look how many 2007 GT500s were made.. not many.. and lookhow many you see driving on the road today.. not many at all.. most people cant afford the GT500 because of its price, just like back in the 60's.. the GT500 is a very rare car today (in my opinion) so just imagine how rare it will be in the long run.. Sorry man I disagree, we'll have to wait and see. I have 3 GT500's within 8 miles of my home. I don't live in ritz-ville either. I saw one out on the salty azz city street 2 weeks back (red w/white stripes). They may not be common as a GT, but they're more common than your making them out to be. There in the category of the Z06, can't call it a super car, and definately can't call em a collectible. Doesn't matter who dies. People wanting the cars drives the market cost. Barrett Jackson actions is a prime example of my point. So I'll agree to disagree.

i guess we are both correct to some extent, and where we live also has a big influence on it.. maybe you are right.. maybe i am making them out to be more rare than they actually are... i go to every single car show in my county whenever one is held, and i have only seen 1 GT500 in real life.. but i still do think that the value will go up when he dies.. look at dale earnhardt for example - when he died all the toy cars, flags, mugs, posters, EVERYTHING went up in price and value..people were paying around 10 dollars or more for just a little toy car with his name on it! the only difference i see between carrol shelbys case and dale earnhardts case is that after shelby dies, no more cars will be made.. with dale earnhardt, his stuff is still being made (causing the merchandise to drop in value) because i am assuming one of his family members keep the rights to his stuff.. but anyways, from what i have heard, it looks like there are not as many GT500s being made today as there were back in '67 which is another reason i think they will be worth more

[oldernewbie]

I think Shelby cars will be built even after his death. His operation in Vegas obviously involves alot of talent and I don't think it will end with his death. I do think that his design cars while he is living will hold or increase in value depending condition and ownership.

[TheUNZippee!]

Shelby's will certainly continute to be built after his death. When the day comes that they stop production of Shelby cars, that's when the values will start to go up.
*sticks tongue out @ oldern00b*

[Coltdog]

Nobody knows for sure I guess, but looked what happened when old man Ferarri died. Ferarri's shot up in value quite a bit (sky-rocketed in value more like it). I think the same will happen with these - demand determines price relative to supply. There's a huge demand for these cars now - hence the price gouging. Only 5,000 to be made each year. That is definitely limited production.

[manOwar]

These cars will be built for 07-08 for sure. 09 is not a guarantee. 07 will have fewer cars built than 08 because of all the delays, parts shortages and QC holds have really slowed down production. I think you will see about 7-8000 cars for 07 and closer to 10,000 for 08.

MSRP is 43k but the Kelly Blue Book is 61k. Now we know it's not easy to get one at MSRP but it is possible to get one a less than Blue book. 55K is about the average right now. Unfortunately, these cars are mostly being bought Baby Boomers that couldn't get a Shelby when they were young. Now they have Disposable Income and can spend the extra money on a car for the weekend, to collect dust because they think it’s going to go up in value or what ever other reason they want to justify it. These are going to be the people that will keep the market value up.

Then there is the younger crowd that where sold on the Terminator. They have been at the top of the food chain for so long; they can’t stand getting one upped. Their cars held their value well enough, they call afford to sell and buy the GT500. That will help keep the value up even know they don't care if it says Shelby or not. To them it's the next Cobra.

When Carroll dies, you won't be able to pry one of these cars away from a Baby Boomer. The Terminator guy’s cars will be beat on their cars and will be harder to sell at market value but there will be very few of these on the market. The way people are seeing this car now, will only appreciate the cost later. With the Muscle car wars starting up again, the GT500 with 500hp will not stay on top long but will always have the largest following in my opinion.

If you looking at this car for an investment? Don’t waist your time. Put the money into your 401K. 50k could be worth 1.5mil+ in 30 years.

If you want the car for fun, by all means buy it, you won’t regret it.

[Coltdog]

You're definitely right ManOwar... at 11% rate of return, tax-deffered over 30 years (what the S&P 500 has averaged since 1900), it would grow to be worth about $1,335,000.00. At 12%, roughly $1,800,000.00. And fortunately, I'm able to put the maximum into my 401(K) each year. So, this would be potentially "another" investment that, assuming quite a bit of appreciation over the next thirty years, I could sell and not pay capital gains or ordinary income tax like that of the 401(K).

I guess you only live once, right? Why not buy it for both? Have a little fun driving it and it still should be worth some money down the road.

Thanks for the input guys.

[rsfdiver]

If I died before owning a car like my gt500 I feel I would have missed the point.

[07stanggt]

I agree with emay on this one. if your gonna buy it, put it in storage. and sell it in 40 years yea. If you mean as soon as he dies i doubt. besides shelby never touched a gt500. you might be better off special ordering a shelby gt with a supercharger. go to his website and look at the options you can get on the shebly gt. those cars at least see his plant. and if you special order it loaded, it will be rare. most people are just buying them off the lot with no supercharger.

I understand the math your using but the gt500s are not going to end up being that rare like emay said. Look at the shelby gt mustang, special order it with every option you can, you will end up paying the same as sticker for a gt500. then baby it if you want to make an investment. The price of those will go up when he dies. There are put together in his plant.

[LV51FER]

My guess is they'll be worth as much as any other Mustang except to gullible and stupid people. If it was a great car, it might make a difference. It isn't, it's just a very heavy GT which does nothing particularly brilliantly.

[07stanggt]

Originally Posted by LV51FER My guess is they'll be worth as much as any other Mustang except to gullible and stupid people. If it was a great car, it might make a difference. It isn't, it's just a very heavy GT which does nothing particularly brilliantly.

they will both be worth more than any of your vettes. is that why your slamming them? The shelby gt is not as heavy as the gt500. its the 3 vavle aluminum engine and you can order the supercharger. i think shelby is putting the paxton blower on it. its a nice car. Back in the day people said the 67 gt500 was too nose heavy for a race car. Still bringing some serious coin arent they.

[05mustang_TT_charged]

Originally Posted by rsfdiver If I died before owning a car like my gt500 I feel I would have missed the point.

where in Louisiana are you at?

[Modern_Muscle]

I would actually rather have the stage 3 shinoda...
with that nice Boss 429 3v, the 5.7 3v...
but thats just me, I mean, 750hp for 65-70k kinda talks to me, lol.

[VaporS197]

Regardless of what a lot of dealerships argue for gouging prices, these things are not that rare. I've pulled up to at least four since I got my GT. I'm actually surprised at how many of them I run into around here.
I don't think these 500s will hold a place in history like the cars of the '60s.