Barrett Jackson to Auction First 07 Shelby
12/5/05 | 06:15 PM
#21
Shelby GT350 Member
Joined: March 11, 2004
Posts: 2,146
Likes: 1
It will go for less than $100K or about 2X MSRP.
The first Ford GT didn't go for over $500K and they are building only 3,500 of them, so what idiot would pay $500K for a car that Ford will make 20,000 copies of.
The first Ford GT didn't go for over $500K and they are building only 3,500 of them, so what idiot would pay $500K for a car that Ford will make 20,000 copies of.
12/5/05 | 06:29 PM
#23
I Have No Life
Joined: May 26, 2004
Posts: 10,606
Likes: 2
Originally posted by V10@December 5, 2005, 9:18 PM
It will go for less than $100K or about 2X MSRP.
The first Ford GT didn't go for over $500K and they are building only 3,500 of them, so what idiot would pay $500K for a car that Ford will make 20,000 copies of.
It will go for less than $100K or about 2X MSRP.
The first Ford GT didn't go for over $500K and they are building only 3,500 of them, so what idiot would pay $500K for a car that Ford will make 20,000 copies of.
12/5/05 | 06:41 PM
#24
Bullitt Member
Joined: August 13, 2005
Posts: 345
Likes: 0
Didn't Jay Leno get the first or second Ford GT? I'm bettin he'll pay whatever it takes to have a matching Shelby. If he gets it, at least we know it's going to a car lover and not just some dude looking to make a buck by reselling it.
.....
12/6/05 | 02:33 PM
#31
Cobra Member
Joined: September 25, 2004
Posts: 1,470
Likes: 0
For all you guys who keep complaining about Barrett Jackson being responsible for driving up the prices on classic cars -- did you ever stop to consider what the term "what it is worth" actually means? As in what a person will pay for a product determines it's value. And while BJ has done very well to foster a fevor-pitched and competitive environment to promote higher prices, it is still up to the buyers to set the prices themselves. Just because some people pay more than you think they should, doesn't mean you should blame the auction house.
The difference with the GT500 is that will be in production. You can't just go buy a '69 Mach 1 any more -- and that is what makes it rare and expensive. However, auctioning a soon to be released car may give dealers incendtive to gouge everyone coming in the door. And THAT will hurt Ford in the long run.
Let's just hope Ford dealers are more like their Dodge counter parts when they auctioned the first Charger -- and not equate it to an automatic price hike.
Wait... who am I kidding? Some are still trying to get "market adjustments" on the regular GTs.
The difference with the GT500 is that will be in production. You can't just go buy a '69 Mach 1 any more -- and that is what makes it rare and expensive. However, auctioning a soon to be released car may give dealers incendtive to gouge everyone coming in the door. And THAT will hurt Ford in the long run.
Let's just hope Ford dealers are more like their Dodge counter parts when they auctioned the first Charger -- and not equate it to an automatic price hike.
Wait... who am I kidding? Some are still trying to get "market adjustments" on the regular GTs.
12/6/05 | 03:01 PM
#32
Legacy TMS Member
Joined: June 10, 2005
Posts: 838
Likes: 0
From: Boston area
While I may never be able to afford an Original Shelby, the "Soon to be released" version will allow me to chop off my leg, my arm and offer up my first born to a local dealer for the opportunity to over pay for a car that will never approach an original in history or prestige.....Or I can wait for Ford to release tha body panels and create MY SHELBY, MY WAY, using my V6 'Vert as a base, for thousands less! ...RestoMods to the rescue!!!
12/6/05 | 03:18 PM
#33
Cobra Member
Joined: April 20, 2005
Posts: 1,477
Likes: 0
From: Orlando, FL
How much did the first 2000 Cobra R sell for? Anybody remember? That would give you a good indication... the car was priced at $55K from Ford, and I remember seeing a few for over $85K.
3 years later, I saw one in FL for 33K, with 1,900 miles (although I don't know who would buy a car with no AC in Florida!).
3 years later, I saw one in FL for 33K, with 1,900 miles (although I don't know who would buy a car with no AC in Florida!).
12/6/05 | 04:58 PM
#34
Closet American
Joined: July 17, 2005
Posts: 5,848
Likes: 1
From: Vancouver, BC (Hollywood North)
Originally posted by PonyLover@December 5, 2005, 3:26 PM
My guess would be closer to $500,000.00 as it said it would be one of the first build (low Vin#). I could even see it go for $750,000.00.
My guess would be closer to $500,000.00 as it said it would be one of the first build (low Vin#). I could even see it go for $750,000.00.
This whole thing is silly. Ford may be shooting themselves in the foot with this stunt. If it leads dealers to think they can charge $55 - 75K for one of these for the entire production run, they may be sitting on these cars for a long time while in "reality" they depreciate on the lot.
12/6/05 | 07:55 PM
#36
Closet American
Joined: July 17, 2005
Posts: 5,848
Likes: 1
From: Vancouver, BC (Hollywood North)
This car has zero collectiblity or classic status at this point. It's a brand new model which will be available to purchase for at least the next two years.
On top of that it's unremarkable technologically, with its piggish weight, iron block, spruce log rear suspension, and acres of cheap plastic inside.*
*OK, I feel better now that I got that off my chest.
12/6/05 | 08:25 PM
#38
Cobra Member
Joined: September 10, 2004
Posts: 1,302
Likes: 0
From: Charlotte NC
Originally posted by BC_Shelby@December 6, 2005, 6:01 PM
...Ford may be shooting themselves in the foot with this stunt. If it leads dealers to think they can charge $55 - 75K for one of these for the entire production run, they may be sitting on these cars for a long time while in "reality" they depreciate on the lot.
...Ford may be shooting themselves in the foot with this stunt. If it leads dealers to think they can charge $55 - 75K for one of these for the entire production run, they may be sitting on these cars for a long time while in "reality" they depreciate on the lot.
I also believe that for anyone willing to be patient and not have to be the first person to have one, will be able to purchase one at MSRP or less....at least by 2008
12/7/05 | 02:18 AM
#39
Cobra R Member
Joined: November 10, 2004
Posts: 1,601
Likes: 0
Originally posted by MustangFanatic@December 6, 2005, 7:28 PM
I also believe that for anyone willing to be patient and not have to be the first person to have one, will be able to purchase one at MSRP or less....at least by 2008
I also believe that for anyone willing to be patient and not have to be the first person to have one, will be able to purchase one at MSRP or less....at least by 2008
