Who will be the first?
5/13/06, 05:37 PM
#1
Shelby GT350 Member
Thread Starter
Who will be the first?
Who will be the first to take delivery of a GT-500,
Pay a $20K AMV for a total of $70,000 with sales tax, registration, etc.
Then total it and get paid about $35,000 for it by their insuance company?
Pay a $20K AMV for a total of $70,000 with sales tax, registration, etc.
Then total it and get paid about $35,000 for it by their insuance company?
5/13/06, 06:25 PM
#3
Bullitt Member
Join Date: January 30, 2004
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Originally Posted by V10
Who will be the first to take delivery of a GT-500,
Pay a $20K AMV for a total of $70,000 with sales tax, registration, etc.
Then total it and get paid about $35,000 for it by their insuance company?
Pay a $20K AMV for a total of $70,000 with sales tax, registration, etc.
Then total it and get paid about $35,000 for it by their insuance company?
5/15/06, 05:01 PM
#6
Shelby GT350 Member
Thread Starter
Originally Posted by Arboc
the guy who paid $648K at the feb barrett-jackson auction, to have the right to purchase the first one for public consumption, that is who will be number 1, kinda eclipses your scenario
The $600K Shelby purchase was a publicity stunt with the money going to charity.
5/15/06, 05:46 PM
#7
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Originally Posted by Arboc
the guy who paid $648K at the feb barrett-jackson auction, to have the right to purchase the first one for public consumption, that is who will be number 1, kinda eclipses your scenario
5/23/06, 09:09 AM
#9
Team Mustang Source
Originally Posted by V10
Who will be the first to take delivery of a GT-500,
Pay a $20K AMV for a total of $70,000 with sales tax, registration, etc.
Then total it and get paid about $35,000 for it by their insuance company?
Pay a $20K AMV for a total of $70,000 with sales tax, registration, etc.
Then total it and get paid about $35,000 for it by their insuance company?
Can GAP insurance coverage for amount financed above MSRP be purchased at the FORD dealer if financed through Ford Motor credit?
5/23/06, 07:41 PM
#10
Shelby GT350 Member
Thread Starter
Originally Posted by 2005GTDELUXE
Can GAP insurance coverage for amount financed above MSRP be purchased at the FORD dealer if financed through Ford Motor credit?Unless something has changed, yes you can get GAP insurance from Ford Credit. But it is a ripoff. When I got my 03 Lincoln LS Ford credit wanted 3 times what my auto insurance company wanted for GAP insurance.
I don't know if anyone will write a policy for above MSRP.
5/24/06, 02:58 PM
#11
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I realize that the GAP insurance comment was a joke, but seriously...my bank (USAA) includes GAP coverage as a feature of their auto loans. No extra cost and the interest rates are extremely competitive. I am not sure if you can get loans from them without being military, but it is worth a try for anyone.
However, they will only loan you MSRP + 10% for any new vehicle. Anything over MSRP is out of your pocket and wouldn't be covered.
However, they will only loan you MSRP + 10% for any new vehicle. Anything over MSRP is out of your pocket and wouldn't be covered.