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Investment or Daily driver?


Matts

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The Shelby GT is darn cute, but investment . . . can anyone make the case of buying ANY new car as an investment?

 

Gentlemen,

 

I can think of one. It was sold by a Ford dealer recently to a friend of mine who lives in New York. It's a very special Ford GT. Early in the two year production run of that car, one of the Ford factory executives named Chris Theodore ordered a blue Ford GT with white stripes. Nothing special about that BUT..... because Mr. Theodore pulled a lot of weight in the GT program he instructed the employees in the paint department to substitute Sonic Blue for the Dark Navy Blue normally used to paint Ford GTs. He almost got away with it. But before he could take delivery of his one of one Ford GT, Bill Ford heard about it and canceled Chris Theodore's sales contract. Mr. Ford was not going to allow employees to have "one off" cars built that were not available to the general public. That one-of-a-kind Sonic Blue Ford GT was sold at a charity auction for just over $300,000 to a Ford dealer who put it up for sale for $1 million. Fast forward four years to our current dire economic circumstances. That Ford dealer is struggling financially and wanted to turn that still brand-new Ford GT into cash. The price came down from one million, to $750,000, to $500,000, to $400,000, to $300,000. If this wasn't such a crappy time to be a businessman in United States, I would've bought that car in a heartbeat for $300,000. Run-of-the-mill new Heritage GTs were bringing $250,000 just a year ago. My buddy from New York bought that one-of-a-kind Sonic Blue Ford GT for $259,000 two weeks ago. The car has 159 miles on it and all of the stickers and plastic seat covers are still on it. I think if our economy ever recovers from our current socialist onslaught, that car will be an excellent investment.

 

I wish I owned it.

 

Chip

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The Shelby GT is darn cute, but investment . . . can anyone make the case of buying ANY new car as an investment?

 

Do you think stocks are investments? My Shelby GT hasn't lost 50% of its value!!! :shift:

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Gentlemen,

 

I can think of one. It was sold by a Ford dealer recently to a friend of mine who lives in New York. It's a very special Ford GT. Early in the two year production run of that car, one of the Ford factory executives named Chris Theodore ordered a blue Ford GT with white stripes. Nothing special about that BUT..... because Mr. Theodore pulled a lot of weight in the GT program he instructed the employees in the paint department to substitute Sonic Blue for the Dark Navy Blue normally used to paint Ford GTs. He almost got away with it. But before he could take delivery of his one of one Ford GT, Bill Ford heard about it and canceled Chris Theodore's sales contract. Mr. Ford was not going to allow employees to have "one off" cars built that were not available to the general public. That one-of-a-kind Sonic Blue Ford GT was sold at a charity auction for just over $300,000 to a Ford dealer who put it up for sale for $1 million. Fast forward four years to our current dire economic circumstances. That Ford dealer is struggling financially and wanted to turn that still brand-new Ford GT into cash. The price came down from one million, to $750,000, to $500,000, to $400,000, to $300,000. If this wasn't such a crappy time to be a businessman in United States, I would've bought that car in a heartbeat for $300,000. Run-of-the-mill new Heritage GTs were bringing $250,000 just a year ago. My buddy from New York bought that one-of-a-kind Sonic Blue Ford GT for $259,000 two weeks ago. The car has 159 miles on it and all of the stickers and plastic seat covers are still on it. I think if our economy ever recovers from our current socialist onslaught, that car will be an excellent investment.

 

I wish I owned it.

 

Chip

 

Great Story Chip, I'll keep my eyes peeled!

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Great Story Chip, I'll keep my eyes peeled!

 

Wicked,

 

I'll make it easy for you. Here it is, one of one. The only Sonic Blue Ford GT that exists, at home in New York now in Joey's driveway. Midnight Blue, the color of all other blue Ford GTs is quite a bit darker than Sonic Blue. If stripes were applied to a blue car the color of those stripes was Centennial White.

 

If a Centennial White Ford GT was ordered with stripes, the stripes on that white GT were Sonic Blue. Chris Theodore had the paint department spray his entire car the Sonic Blue normally only used for painting the stripes on a white Ford GT. It's a great story and the Sonic Blue car is gorgeous.

 

Chip

 

post-12804-1236711357_thumb.jpg

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We bought ours to enjoy. Although we take extra care of it, when the weather permits, we drive the hell out of it. We are luck that we don't need to use it as a daily driver. We have no intentions of ever selling it. It may well be worth more than we paid for it someday...like Shelby says, when we are all horizontal. By that time, my kids can deal with it.

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Wicked,

 

I'll make it easy for you. Here it is, one of one. The only Sonic Blue Ford GT that exists, at home in New York now in Joey's driveway. Midnight Blue, the color of all other blue Ford GTs is quite a bit darker than Sonic Blue. If stripes were applied to a blue car the color of those stripes was Centennial White.

 

If a Centennial White Ford GT was ordered with stripes, the stripes on that white GT were Sonic Blue. Chris Theodore had the paint department spray his entire car the Sonic Blue normally only used for painting the stripes on a white Ford GT. It's a great story and the Sonic Blue car is gorgeous.

 

Chip

 

SONIC.jpg

 

Great story Chip, thanks for sharing. Joey has a beautiful Ford GT, and the color, AMAZING.

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Mine sleeps in the winter. Gets driving in the spring/summer.

 

Will be what I leave my son.. haha..

 

 

Yup, that is what my situation is. However, I think my son and the son-in-law will have a duel over who gets the Shelby when the old guy cashes it in. It will never be sold when Grandpa is still alive – hummm, I think that I will have that added to my Durable Power of Attorney document.

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I will admit that I bought my gt-h with 5400 miles as an investment, not to make money but to my low production car collection, I also own a 1986 Monte Carlo SS areo coupe 1-200, 2005 Dodge Power Wagon 1-2500, 1953 Dodge Power Wagon w-5500 original miles( alot where built but not many left) We also have original Mini Coopers. I really enjoy having cars that most others do not have, most of the shows or cruise-ins that I attend my cars are fairly different. I did buy a 2008 SGT vert to drive, it also is limited production but so much fun to drive, so that will be my mission with that car.

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The few years that I didn't own a hotrod/sporty car I couldn't stand driving what I had...I needed another hotrod and shopped for a couple years. I was going to do a classic shelby clone with beefy suspension, 400+ hp, etc. but didn't want to wait 5 years to do it myself...I couldn't find what I wanted and came across the shelbys at the local dealers. I needed horsepower so I eventually picked up a very slightly used shelby GT/SC (on eBay!) that had the performance and shelby mystique I wanted. Resale value had nothing to do with it...my 20 year plan is to enjoy the crap out of it for 3000 miles/year and then my son will end up with it.

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My 08 SGT is my daily driver. It doesn't have much wear and tear yet, but it will. It will eventually get dings, and be sandblasted by the traction grit they use on the roads here in Denver. It will probably have several windshields in its lifetime. I drive it in rain (not that we get that much), and light snow. I do resort to stealing my daughters truck when there is snowpack on the roads, but that is as much to keep her from driving as it is to protect my Shelby, and it usually only lasts a day or two. Denver is not the winter wonderland some think it is. I absolutely love my car, and just get bored driving anything else. I don't plan on ever selling it, but may retire it and continue to play with it as it gets older.

 

I attended a fund raiser at a Shelby museum in Boulder, with Carroll as guest speaker in December of 2007. Carroll commented on all the vintage Cobras and GT40s in pristine condition there, amazed that they still existed and were so coddled there in that museum. Then he mentioned his new line of cars, and told the crowd that if they ever got the chance to get one, they should "drive the @#$% out of it". I consider that an order from the supreme leader...

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Then he mentioned his new line of cars, and told the crowd that if they ever got the chance to get one, they should "drive the @#$% out of it". I consider that an order from the supreme leader...

 

 

Sometimes, I think that in 10 years my SGT SHOULD look like I did just that instead of expecting that it would be some sort of garage queen!!!!! I drive so far for work each day and part of me feels like if i'm lucky enough to still own it in 20 years so be it, otherwise I should drive the wheels off it!!!!!!!!!!!!!!!!!!!!!!!!!

 

I think i'm more concerned about the party being over someday and I don't want to give it up. For the $$$ I spent on this thing (purchase + mod's) I suppose I could do it all over again later on down the line to fix it back up! (It would be like buying it twice!) LOL!!!

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Great thread here, I have been kinda scared to use it as a daily driver. But at the same time I do plan on leaving it to my son, don't plan on selling it so I might as well park the chevy trucks and drive this beast. I bought mine because of the name also. I have always dreamed of owning a SHELBY and I want my son to appreciate what that means and what he meant to mustang.

 

I have owned 17 mustangs and after owning the Shelby within the last year and a half I have been through 5 of them. Any other mustang does not compare to these newer ones especially when you do own a Shelby.

 

I just hope my son appreciates what all the literature and all I plan on leaving him means one day.

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Great thread here, I have been kinda scared to use it as a daily driver. But at the same time I do plan on leaving it to my son, don't plan on selling it so I might as well park the chevy trucks and drive this beast. I bought mine because of the name also. I have always dreamed of owning a SHELBY and I want my son to appreciate what that means and what he meant to mustang.

 

I have owned 17 mustangs and after owning the Shelby within the last year and a half I have been through 5 of them. Any other mustang does not compare to these newer ones especially when you do own a Shelby.

 

I just hope my son appreciates what all the literature and all I plan on leaving him means one day.

 

I agree. I'd love to use ours as daily drivers but parking lots scare the heck out of me. Besides, my wife wants to keep the miles down. For now I'll be content to drive my merc sable or F-150 to work or for groceries.

 

Yes, I did buy them because of the name. I always wanted to own a piece of history. We also have a 67 and a 70 mustang but you can really tell how much 40 years of technology has changed these vehicles. I just wish the new ones were as easy to work on as the old ones. Maybe they are but I am intimidated when I look under the hoods of the 07 and 09.

 

You're lucky you have a son! We have no children but I have a niece who will be getting our collection when we're gone. I also have a nephew but he won't appreciate the name and how much time we've put into these cars. That clown would probably cut up the dash to make room for a "better sound system." I know you guys all know the type. LOL...Thankfully my niece has the passion in her eyes when she drives them. That's what will keep the Shelby name going. The next generation who will come to appreciate what the man did and his accomplishments.

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Yeah, living in the boonies is nice but it's 2 miles to the nearest paved road. Plays hell on the paint and all the little stones that get kicked up in all the neat hiding places Ford engineered in the body. I won't mention the inconsiderate neighbors who like to fly by doing 50 and kick up stones as well. Another reason why I hesitate to drive them everyday.

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Yeah, living in the boonies is nice but it's 2 miles to the nearest paved road. Plays hell on the paint and all the little stones that get kicked up in all the neat hiding places Ford engineered in the body. I won't mention the inconsiderate neighbors who like to fly by doing 50 and kick up stones as well. Another reason why I hesitate to drive them everyday.

 

I thought I had it bad with 1/4 mile gravel driveway,(which takes 20 minutes to get down) you win!!

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