My father has the opportunity to purchase a new Roush 427R from a local dealer, with an asking price of approx. $41,000. Now I am sure he will get the price down a bit but nothing significant; my father has been discussing w/ me whether it is a good investment or not. Now this car would not be a daily driver, so my question is what do you guys think? Good investment? Will it hold its value? Any opinions appreciated.

 

Not a good investment, won't hold its value.

 

Well I don't know how old your father is but it might be a good investment down the road for you.

 

Cars in general are not a good investment unless of course you're swimming with the likes of folks capable of going to Barrett-Jackson and BUYING cars. Those cars appreciate like wild fire in most cases. Something like this, it will take a looooong time. If the only reason is investment, and it would be a DD, I'd say no.

 

I would say no thank you.

 

if you like the rousch, then it's good.
if not and you only want money, then don't.

 

Yeah, I was thinking the samething but everytime I start going in that direction I have catch myself and remember its not about me unfortunately!!!

 

They're not all that limited and I'm not sure they're super popular, so I'd say no.

 

If he likes mustangs,tell him to buy a used 06 gt...then take the balance of the 41g he would have spent and buy BRK-B.

 

If he can the price down further it's a decent price for a 427R. As for "investment"...no. There had been talk aboud NADA adding book value's for Roush's but that's all it is right now..talk.

 

No way, Jose. Save up...find a real investment which will turn that $41,000 into $80,000, and buy a GT500KR Super Snake, which would probably turn out to be a good investment down the line (small production numbers, I assume).

 

It is an ivestment in terms of returning a good time, and feeling good about yourself. Financial investment...no, no, no. Enjoy, you only live once.

 

Thanks guys I really appreciate all the advice and I have to say that I was thinking along the same lines but wanted to get someone elses opinion...

As far as waiting on a GT500KR; that is wishful thinking. I could be wrong but I don't think my father wants to spend that kind of money on a mustang first off (He is more of a luxury before performance, so if he was going to shell out that much he would buy another foreign). Plus, I would probably end up w/ it and as such would be the one reaping the benefits... Which I would not hesitate to do!

 

It might be an investment, but it'll take 50 years... we can already see the prices that used GT500 are going outta door.