Cost of GT500 in 3 years
#41
V6 Member
Join Date: March 16, 2008
Location: Mississippi
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I wouldn't call it depreciation. The average selling price was way over inflated by the sucker/gotta have it tax. The people who paid that knew they were never gonna recoupe that money. It hasn't depreciated as much as the market has just corrected.
Based on MSRP, this car is holding very well.
Based on MSRP, this car is holding very well.
From the standpoint of holding value as defined by MSRP the GT500 is doing quite well compared to most domestic vehicles.
#42
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Join Date: October 2, 2004
Location: SoCal
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03-04 Cobras in my area are anywhere from $18k-$24k with miles below 50k. The GT500's are MSRP at the dealers and about the same privately. The private owners are not lowering the cost because they paid the large amounts to be the first owners of these cars. Im waiting to see if some deals start to happen soon. May have to wait for the 2010 lineup though. Im also looking more into private sellers.
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