Auction: Right to Buy First GT500 Coupe

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Old 12/1/05 | 05:00 PM
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From Autoblog:

Ford will auction the right to purchase the first 2007 Ford Shelby GT500 coupe available to the public during the 35th annual Barrett-Jackson auction in January 2006. Carroll Shelby is scheduled to greet the winning bidder of the auction, and proceeds from the no-reserve sale will go to the Carroll Shelby Children’s Foundation.
Old 12/1/05 | 05:11 PM
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at least the money will go for a good cause...
Old 12/1/05 | 05:17 PM
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wow, I can't wait to see what the winning bid will be! 50k? more?
Old 12/1/05 | 05:20 PM
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That's a smart move by Ford. No, make that a brilliant move. They'll kill two birds with one stone.

Giving to charity is great for public relations and the exposure will validate their MSRP regardless of any short comings. The dealers will love this show and the subsequent AMVs.

Those hoping to get a GT500 best get ready to open your wallets.
Old 12/1/05 | 07:58 PM
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Originally posted by pittperson@December 1, 2005, 7:20 PM
wow, I can't wait to see what the winning bid will be! 50k? more?
clearly more. Car #1 will have investor value. Especially with the history of being sold like this.

#2-7500 won't have investor value for a really long time. Don't be suckered in by the price #1 brings. It does not make the others worth any more.
Old 12/1/05 | 08:14 PM
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My geuss is at least 120K
Old 12/1/05 | 09:12 PM
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Originally posted by crazyhorse@December 1, 2005, 9:01 PM
clearly more. Car #1 will have investor value. Especially with the history of being sold like this.

#2-7500 won't have investor value for a really long time. Don't be suckered in by the price #1 brings. It does not make the others worth any more.
While I agree with that statement, there will only be one first GT500. However, I can assure you most (if not all) dealers will use the price the 1st car sells for to "gouge" ... umm... adjust the value of the remaining 7,499 cars.
Old 12/1/05 | 09:21 PM
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Originally posted by MustangFanatic@December 1, 2005, 11:15 PM
While I agree with that statement, there will only be one first GT500. However, I can assure you most (if not all) dealers will use the price the 1st car sells for to "gouge" ... umm... adjust the value of the remaining 7,499 cars.
I think the dealers will try to say that makes them worth more also. What I am trying to say is they aren't worth more regardless of what the first goes for.

korinwoodo, good guess. I'm thinking 100-125. It wouldn't totally surprise me to see more.

My GT500 purchase price anxiety is getting out of control. My dealer has promised me MSRP all along. But, like any sane person, I don't fully trust a car dealer. I have a little feeling in my gut that tells me he will try to get more. I won't pay it. I'll either wait or buy something else. Either way, it won't be from that dealer. Once he violates my trust, I am gone for good.
Old 12/1/05 | 09:26 PM
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Originally posted by crazyhorse@December 2, 2005, 12:24 AM
My GT500 purchase price anxiety is getting out of control. My dealer has promised me MSRP all along.
Good luck. If you get MSRP, many will envy you. I'll cross my fingers for you.
Old 12/1/05 | 10:35 PM
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haha MSRP, not a chance, this is America in 2005.

Want an example? JC Penny's is selling the brand new XBOX 360 for $700, a 100% increase.
Old 12/2/05 | 06:05 AM
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threads need to be merged

http://forums.bradbarnett.net/index.php?showtopic=39870

Old 12/2/05 | 12:12 PM
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Originally posted by scotts05custom@December 2, 2005, 12:38 AM
haha MSRP, not a chance, this is America in 2005.

This is exactly the attitude and post that feeds the AMV. If we all refuse to pay it, the cars will sit until it drops off. I understand you think there will be 7500 stupid people out there paying over. I don't think there will be. I think there will be a few hundred stupid people. Then the price comes down (about Aug/Sept) and I get mine. I'll be sure and post a "told you so" post.
Old 12/2/05 | 12:30 PM
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Originally posted by crazyhorse@December 2, 2005, 3:15 PM
This is exactly the attitude and post that feeds the AMV...
And every other thoughts we post. To Ford and its stealers TMS is better than getting high reviews from Newsweek.

It's beginning to level off. I've noticed a turn around on attitudes and enthusiasm or at the very least a more realistic approach to our plans.
Old 12/2/05 | 03:38 PM
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The possible addition of competitive platforms will most likely lower it as well. (Read possible Chevelle/Camaro and Challenger)

Either way I think it is great that the first one is going to a worthy cause, and I agree that the prices may start high but they should drop fairly quickly. There are not that many people out there with a lot of money that want a Shelby for a high price. Otherwise they don't have a lot of money for long or they shop for Vipers, Lambos etc.

Old 12/2/05 | 04:20 PM
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Originally posted by crazyhorse@December 1, 2005, 8:01 PM
#2-7500 won't have investor value for a really long time. Don't be suckered in by the price #1 brings. It does not make the others worth any more.
Exactly. Don't be suckered by this. It just proves to me that Ford corporate is fully supportive of the dealer price gouging tactics.

These kinds of prices on a decontented car with a live axle are utter rubbish. Jesus, even a '63 Corvette (that's right 42 years ago, folks) had an IRS.

This is SUPPOSED to be a modern automobile.

As someone else said, at least the money is going to a good cause.
Old 12/10/05 | 11:52 AM
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Originally posted by BC_Shelby@December 2, 2005, 5:23 PM
These kinds of prices on a decontented car with a live axle are utter rubbish. Jesus, even a '63 Corvette (that's right 42 years ago, folks) had an IRS.
There are sports cars today that use Carbon ceramic brakes. I'm sure that in 42 years that all cars are not going to be using those.

Its all about trying to add as much a possible and still be under a certain price.

Stop complaining about all the things it doesn't have and look at the things it does have.

Like a 475hp engine that will run and drive and last as long as a standard Mustang GT engine.
Old 12/10/05 | 12:57 PM
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I don't see a bit of a problem with the stick axle.......talk to the Grand American Cup teams about your dislke of it, they just so happened to have cleaned up this year with that very setup, so I believe it will suffice on YOUR street car.
Old 12/10/05 | 02:59 PM
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My guess, $89,000.
Old 12/11/05 | 09:43 AM
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I already told my dealer that if he goes any mre that $3K over MSRP I'll walk. Then I talked to the other guys on this dealer's list and told em to do the same. Well with 8 of us threatening to walk I doubt we will get gougedto badly. An auction car shouldn't change value of an entire line of cars. Just that 1 that was auctioned. If a dealer says oh well the first one sold at auction for $100,000 over MSRP so $10K over isn't bad, tell them this isn't the first one, cut the bs, and threaten to walk. And if they say fine walk, then wait around and see if the car leaves the lot. After a month or two go back and offer MSRP. If they still won't budge, goto another dealer.
Old 12/11/05 | 09:46 AM
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yup I can see it now..the dealer excuse when somone turns thier nose up at the rediculous markeup will be "it one of these sold at BJ for 150K, you'd be getting a bargain at 75K"


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