I am looking to buy a 2010 Shelby sometime in 2012. I have been following prices of used Shelby's and right now I can find quite a few GT500's with under 5000 miles for $42-$43k on cars.com. I figure the 2013 GT500's will be available in spring of 2012 and by summertime will be widely available at the dealers. Since everyone will want the 2013 GT500 with 650 hp and a top speed of 202 mph, the 2010's (more than enough car for me and still an awesome vehicle) will get even cheaper, maybe dipping below $40k. Am I wrong, or does it make sense to wait until about a year from now, when prices should be quite a bit lower than they are today?

 

There's quite a few of the 2010's already in the high 30's on autotrader.

But yes, I'd expect the 2010's to drop into the mid 30's, 2009 and older to go to low 30's and high 20's, and the 2011-2012s to be in the low 40's to high 30's.

This is the biggest HP jump of any GT500 model change, so I'd suspect the values of the older models to change according to the demand for the 2013's.

 

prices have been dropping.....and will continue to do so.

Anyone with a GT500 who wants a 2013 will be selling
Anyone who doesn't have a GT500 will WAIT until the 2013 come out to see.
so this means there's no buyers for the used GT500s
.....this is the other side of the ADM/hype of the dealers...

Call a Ford dealer tomorrow ask them how much they will buy your GT500 today.
.....please be seating down and have a drink ready....

Ford will hype the 2013 like crazy, so the market will no longer be interested in the 2008-2011 GT500's....

Ask yourself this question:
You know a super fast GT500 coming come in the spring, why do you want to buy a less powerful/slower GT500 now???

 

On a side note, Ford is saying that the '13 GT500 will arrive in the summer of 2012 - not spring.

 

Not sure what the price of the new one is going to be, but since it has more hp than a ZR1 Corvette, my guess is it will be about or more than $60,000. there is a huge difference between $60,000 and say $38,000. And i'm not sure the extra cost and higher insurance is worth it. I'd much rather buy the 2010 or 2011 used with low mileage and hope to find one around $40k or less. There are a lot of people who dont have $60k to drop on a toy, but DO have $35k-$40k.

I think u will find many people who were interested in buying a new GT go and decide to get a used shelby for about the same $$$.

 

That's what I'm thinking. The 2010 GT500 is more than enough car for me (still 540 hp!)and if I can get one with 3-4000 miles on it for $35,000 next summer, I don't see the point in spending $60,000 for an additional 110 hp. Like you said, I don't have $60k to drop on a car (to be honest, if I did I would get a used Nissan GT-R) but I can justify $35k for what amounts to an almost new Shelby.

 

What the used market does is directly tied to the pricing of the 2013. If the 2013 is 60k I doubt the values of the older models changes at all. Think about it.. If it cost 60k for a new one all the sudden 45k for a 2011-12 seems like a great deal.

 

The Mustang is no exception to depreciation but high preformance models will command a higher percentage of their original value specially if the mileage is low, it has been well taken care of, and it is a model out of the ordinary. It's been my experience new models have no bearing on the previous models with a unique identity. My '08 Bullitt and '08 GT500 brought 77 and 82% of what I paid for them as trade in(s). Had I chosen to sell them on my own they would have brought a slightly higher price.

 

I got mine for about $40,000 and I absolutely would not pay another $20-25K for a 2013. If you find a 2012 for $43,000 then yeah jump at it over the 2010. At the $65,000 mark, you have a lot of choices in cars. I couldn't be more pleased with my 2010. Not taking it to the track, or modifying it. It is enough just as it is.