my dad wants to get the new cobra, and one of the reasons is becuase he thinks it is a good investment....would u think it will be as valuable as the 67-68 shelby mustangs one day?

 

Never. A car is about the worst investment anyone could ever make. You might as well burn the money.

 

Unless you get something and never sell it.Like a lot of people did with classic Mustangs and Shelbys.You never know if a cars value will increase or decrease.I would say that there is a good chance that this car will go up in value as the years go by.

 

It is all up to how many shelbys they make it wont be as valuable as the 67 shelby cause they only made 3000 the new one coming out they will make around 7000 a year but it still should keep its value pretty good i dont believe it will go down in price as fast as the 03-04 cobra has main reason cause it will be a shelby.

 

we would probably never sell it

 

I think the car will have significant value someday, although I doubt as much as the old Shelbys. As far as an investment, your money would go farther in the stock market. As far as having the car of your dreams, forget the stock market, buy the car.

 

I would probably think about a little shorter term investments. Maybe his grand kids may see a good return.

 

Cars generally make lousy investments from a financial perspective so if your dad is looking at it from a ROI (return on investment) perspective, then no, the Shelby is a bad financial investment.

However, if you are buying the car to enjoy, then it is a great investment, I mean can your 100 shares of Microsoft stock hit 60 mph in under 4 secs, run the quarter in less than 12 and pull .90 on the skidpad? Not hardly. The enjoyment and pleasure the GT500 will produce cannot be measured in quantitative terms. The GT500 will provide it's greatest investment in thills and happiness!!!!

 

Yeah but that will be money down the tube if he drives the car alot people who collect cars wont want to buy a car that has alot of miles and that has been raced in. The best way to make the car an investment is to not drive it that much and hope they dont make alot of them cause like i said the more they make the less people will pay for it when you try to sell it.

 

And to let you know noone knows if a car will be an investment noone thought the 67 shelby was going to be a good investment when it first came out now look at it. It is all up to how much a person is willing to pay for the car.

 

Cars are terrible investments. Take Shelby or Vette sticker prices from the late 60s, adjust for inflation, and you would have probably been much better off putting your money in a bank in the first place.

Today tons of new cars are stored away by collectors. I know one guy that bought a 2004 Z06, had it flatbedded home, and has yet to uncover it. By the car to enjoy it.

 

Heres a good simple answer. Short term(10-15 years). heck NO.
Long Term(30-60 years). heck YES.

Face it, in the not so far off future, we will all be driving, hybrids/electric/fuel cell type of vehicles. Heres why long term it isnt such a bad idea.

1.Shelbys name.
2.Limitied production
3.When above scenario hits, a rare, internal combustion engine.
4.The last cars to make the transition to alternative fuel will be vehicles such as the Mustang, Corvette, Vipers etc.....

 

Actually the most sought after cars are ones that people raced. This is because they have history and most of the time there are very few made. Also this mostly applies to Maseratis, Ferraris, and other exotics...

Although

...I would be willing to bet that the #15 :worship: Boss 302 driven by Parnelli Jones in Trans Am will catch a pretty penny over any ordinary (if you can call them that) Boss Mustangs.

 

That is the most True statement in here.

 

Comparison of investments...

$40k at a reasonable 10% anual return:
After 15 years: $167,089 (4x return)
After 30 years: $697,976 (17x return)
After 38 years: $1,496,173 (37x return)
source for the return data: http://rosinaonline.com/calcs/allcalcs/inv..._calculator.htm

'67 Shelby GT500:
new: $4197
value after 38 years: $50,550 (12x return)
source: http://www.mustangmonthly.com/featuredvehicles/Shelby/

so maybe the $50550 is a low ball figure. To match the 10% return, the '67 GT500 would need to be: $155,289

I think it's pretty safe to make this statement:
A CAR IS A TERRIBLE INVESTMENT