If you are asking which is the better value, then the gt500 wins by a mile. If you're talking about interior refinement, then the '11 GT wins. If it was me, I'd get the carfax. If it checks out, offer $1000 less and work it from there.

 

I'd chose the '11 GT for a couple of reasons. First, the 2011 has a much nicer interior and a lot of nicer features that the 2007 GT500 doesn't offer.

As for performance, the GT500 is the clear straight line winner BUT here is where it will get interesting. I believe that a '11 GT will be very close to a current GT500 on a road course. The 2010 Track Pack was only 6 seconds slower than the 2010 GT500 at VIR during C&D's Lightning lap test. The added HP and brakes in 2011 will even that out and might even change the outcome. C&D's data even showed that the GT was quicker through certain sections of VIR.

I guess it comes down to what you like. If you want a straight line car that's easy to mod, the GT500 is the clear winner. If you want a refined daily driver geared towards handling, the '11 GT is the answer.

 

lol @ "only 6 seconds"

6 seconds is an eternity on a single lap.

 

Yes, it is but the GT was down 225 hp and has weak brakes. I've never driven VIR, but it looks like it's a horsepower track.

The car that impressed me is the SS. It was only 2 seconds off of the GT500.

 

One big consideration for me if I was making the choice between the two for a daily driver, is how much warranty is left on the '07 GT500? For my daily drivers I tend to either like cars in warranty, or out of warranty and paid off. I always pay off any new cars I buy before the warranty runs out. If you are paying cash for it, the warranty wouldn't be as much of a concern IMO. If warranty isn't taken into consideration though, I'd probably go for the GT500.

 

I plan on driving the GT500 wednesday and finding out everything I need to know about the car. I still like the idea of a brand new car that has everything I want in it but the GT500 is a hard deal to pass up. On the other hand I will be able to get a good deal on the new GT so only time will tell. I am not going to make me decision untill pricing comes out for the '11 GT tho. If the GT500 is not around by then then it wasn't ment to be for me.

 

I've toyed around with thinking about grabbing up an 09 GT500,
but the prospect of whats to come has me waiting.

07-09s are GREAT cars, but it would just be a faster/better version of my current car.
If I'm going to upgrade, I'd want something a bit different.
BUT thats just me.

Either way you have a nice/fast kickass vehicle any way you look at it.

 

Hey Matt, you can't go wrong with either decision. Its a WIN-WIN as the GT500 is an awesome car (the clutch does take some getting used to as its much different feel and grab at the regular GT) and the 2011 is just going to be an amazing car for what you get, with the incredible interior and power of the 5.0!! Its ultimately up to you to decide.

Oh, the prices should be out, hopefully next week, with Ford's press day on Monday or Tuesday.

 

Will the order guide come out at the same time, or will that be later on? I'm interested to see what options/colors are going to be offered on the 2011.

 

The order guide always comes out 1st, and the price guide comes out either the same day or a little later on. I should have the order guide on the dealer website hopefully, next week (or sooner, if there is a Santa Claus, lol).

 

Woot! Thanks Jeff!

 

WTF?

Why do I get the feeling this post is by a 15 y/o teenager with a learners permit sitting at his older sisters computer wearing some bugs bunny slippers........

 

yeh, "only" paying 8,000 over invoice..... ****. we "only" paid 500 under invoice. hmmm

 

No brainer... GT500

 

The lesson today, boys and girls, is to be informed.

The above experience is a good example for anyone excited for the new GT or any other car and not knowing what they are buying only to discover later on what should have been known before taking the giant step.

'Think carefully' is an advice being offered by the same individual who ignored it, bringing common sense to mind... why now and not then. As compared to buying a GT and dumping $10K on it, the GT500 was and is a bargain.

There was enough information out there back in 2007 (some positive some negative) describing the GT500 inside and out. From its exuberant power to its dragging weight. The same information will be available for the new GT. Three or for years from now I would not exclude the possibility of some who purchase the new GT now trashing it once the next generation is announced. Remember guys, every time Ford brings out a new model it is the best ever, leaving a bad taste in the mouths of those who bought what Ford offered before.

The great majority around here have not driven or even seen a 2011 GT for that matter yet it is being hailed as the best invention since the wheel and it might very well be. Those who know exactly what they are getting on the GT for $35K or there abouts will be happy, those who jump in the bandwagon eventually will not.

 

Great post George.

 

GT 500

 

Agreed, that pretty much sums up my gut feeling. Although, there is something to be said about a car that can get to 140mph in .43 milesand still manages to stop and turn pretty decently. Not that I would know anything about that

 

Yes, George, "Think Carefully". I thought I was doing just that when I bought the 500 - because I bought into the "limited edition" canard and because I have a '67 Shelby (67-07 ah, the symmetry).
So listen to the man who didn't "Think Carefully". Listen to the man that owns one.

If you buy the '07 500 because you are in the thrall of the "Shelby" mystique YOU WILL BE DISAPPOINTED. Ford has spent lots of money to overcome the problems that are part and parcel of the 07-09 GT 500's. This next generation of 'stang is superior in every way - and every car guy knows it. You could buy the car and send it to Shelby or Tasca to be "Supersnaked" and then you would indisputably have something special - but that's 30 grand on top of your 35.

If you buy the 500 because you are a car guy and enjoy sports cars YOU WILL BE DISAPPOINTED. The suspension is ludicrous, jumping and chattering and coming unglued at the most inopportune moments. There are lots of fixes out there, but be prepared to spend at least a few thousand more. The acceleration is great, but of minimal use in a daily driver. If you use the car as normal transportation, get used to being passed by every hoopdy and minivan whose drivers don't give a **** about how many speeding tickets they get.

If you buy the 500 because you want to bask in the awe and respect of your peers and strangers alike YOU WILL BE DISAPPOINTED. Not much in the way of bragging rights for a car that's four years old, has been supplanted by an improved design and will soon be seen in high school parking lots across the country, since it's so "affordable" and continues to depreciate. It's an older used car, plain and simple.

Bottom line, in my opinion the 2007 GT500 is not as good a car as the 2011 looks to be, and I'm talking about interior, suspension, balance, creature comforts, available options and drivetrain. Sure, when the 2014 Mustang comes out, the 2011 will probably look weak by comparison, but that's the way the game is played.

Think. Carefully.

 

It seems the reasons why YOU ARE DISAPPOINTED with the GT500 are the identical reasons why you bought it. I don't need looks or approval, proven by your assumption on being the teacher rather than the pupil. Needless to say, it is not difficult to reach the conclusion over paying to bask in the awe and respect of your peers and strangers didn't work out too well for you.

I knew exactly what I was buying and what it was going to be like after a few years which could be the reasons why every time I drive it the enjoyment is the same as the first drive. There are no regrets. BTW, my preference would have been for the Cobra name plate for obvious reasons you are likely not familiar with or just plain ignored. Also, reality will clearly clarify the GT500 is far from being a sports car.

Unless the facelift, cosmetics, electronic gadgets, or the talk of the town are the deciding factors for yeahyouknwit, the GT500 is the better choice. If in doubt, perhaps it might be helpful reading the topics on this forum dealing with mods and might indicate the preliminary perception for improvements on a model based on press releases.

As I have implied before, this is the first time Ford can claim with a straight face that the 2011 GT is the one GT which is not being short changed in any respect and will be a dandy for its fans to enjoy.