switz Posted May 16, 2009 Report Share Posted May 16, 2009 Was just watching Mecum Auction on the web when an 09 KR brand new came up. Item #S209 was bid up to $67,500.00 and didn't meet the reserve. The auctioneer asked the owner what it would take to sell the car and the guy said $78,000.00. What a maroon. Link to comment Share on other sites More sharing options...
Stalwart Posted May 17, 2009 Report Share Posted May 17, 2009 Yup, the going rate for an '09 seems to be VERY low 70's. Link to comment Share on other sites More sharing options...
08GT500KR Posted May 19, 2009 Report Share Posted May 19, 2009 Was just watching Mecum Auction on the web when an 09 KR brand new came up. Item #S209 was bid up to $67,500.00 and didn't meet the reserve. The auctioneer asked the owner what it would take to sell the car and the guy said $78,000.00. What a maroon. Would you sell you Super Snake for less than you have into it, I think not. so why is he a maroon. Link to comment Share on other sites More sharing options...
QuadCam Posted May 19, 2009 Report Share Posted May 19, 2009 Would you sell you Super Snake for less than you have into it, I think not. so why is he a maroon. The bottom line is; It is all about supply and demand, isn't it. If had medical bills from my wife's cancer treatment, and I needed the cash, I'd take the $67K. If I could sit back and wait for my investment to mature, I'd pass on the offer and try again. Link to comment Share on other sites More sharing options...
blkGT500nCA Posted May 19, 2009 Report Share Posted May 19, 2009 maroon 1 |məˈroōn| adjective of a brownish-crimson color. noun 1 a brownish-crimson color. 2 chiefly Brit. a firework that makes a loud bang, used mainly as a signal or warning. [ORIGIN: early 19th cent.: so named because the firework makes the noise of a chestnut (see below) bursting in the fire.] ORIGIN late 17th cent. (in the sense [chestnut] ): from French marron ‘chestnut,’ via Italian from medieval Greek maraon. The sense relating to color dates from the late 18th cent. maroon 2 |məˈrun| |məˈruːn| verb [ trans. ] (often be marooned) leave (someone) trapped and isolated in an inaccessible place, esp. an island : a novel about schoolboys marooned on a desert island. ORIGIN early 18th cent.: from Maroon , originally in the form marooned [lost in the wilds.] Maroon |məˈroōn| |məˈrun| noun a member of a group of black people living in the mountains and forests of Suriname and the West Indies, descended from escaped slaves. ORIGIN mid 17th cent.: from French marron ‘feral,’ from Spanish cimarrón ‘wild,’ (as a noun) ‘escaped slave’ ; compare with Seminole He's a maroon? I assume you mean moron. Link to comment Share on other sites More sharing options...
blkGT500nCA Posted May 19, 2009 Report Share Posted May 19, 2009 What a maroon. so why is he a maroon. Sorry. It's a slow Tuesday. Link to comment Share on other sites More sharing options...
MMcGuirk Posted May 19, 2009 Report Share Posted May 19, 2009 A maroon is what Bob Hoskins called Roger Rabbit in the movie :D Link to comment Share on other sites More sharing options...
switz Posted May 19, 2009 Author Report Share Posted May 19, 2009 "what a maroon" is a phrase we used as kids..just a play on words. As far as the price? Boy, lot's of you folks who own a KR are real sensitive on here. I wasn't slamming the car, I like it allot. But the cost just isn't worth it. So, some dope, maroon, moron idiot, etc trying to sell a car at an auction (that usually has folks who are pretty informed) for way more than you can buy one on ebay for is plain stupid. And guess what? If I was going to try and sell my SS? I would expect NOT to get what I have into it as I am a realist on today's market. I don't take it as an insult just the facts of life. I paid a premium in 07 to get my GT500 and I am ok with it. But, some of you KR folks get into quite a tizzy over anyone who dares to tread on the worth of the KR. Face it, you paid a very high premium for a little extra HP, some badging and a hood. Worth over $30k? Not to me but if it is to you that is great. But now, there are tons of them sitting on dealers lots rotting as the years pass buy. You really think you could get more than what you paid for it? Let's bet and see who wins. Link to comment Share on other sites More sharing options...
blkGT500nCA Posted May 19, 2009 Report Share Posted May 19, 2009 "what a maroon" is a phrase we used as kids..just a play on words. 10-4. Spelling police out! Link to comment Share on other sites More sharing options...
Tob Posted May 20, 2009 Report Share Posted May 20, 2009 'Maroon' is appropriate. Just ask the old school Bugs Bunny... Link to comment Share on other sites More sharing options...
08GT500KR Posted May 21, 2009 Report Share Posted May 21, 2009 "what a maroon" is a phrase we used as kids..just a play on words. As far as the price? Boy, lot's of you folks who own a KR are real sensitive on here. I wasn't slamming the car, I like it allot. But the cost just isn't worth it. So, some dope, maroon, moron idiot, etc trying to sell a car at an auction (that usually has folks who are pretty informed) for way more than you can buy one on ebay for is plain stupid. And guess what? If I was going to try and sell my SS? I would expect NOT to get what I have into it as I am a realist on today's market. I don't take it as an insult just the facts of life. I paid a premium in 07 to get my GT500 and I am ok with it. But, some of you KR folks get into quite a tizzy over anyone who dares to tread on the worth of the KR. Face it, you paid a very high premium for a little extra HP, some badging and a hood. Worth over $30k? Not to me but if it is to you that is great. But now, there are tons of them sitting on dealers lots rotting as the years pass buy. You really think you could get more than what you paid for it? Let's bet and see who wins. And you think KR owners are sensative, my comment was plain and simple, I disagree with calling him a moroon, if he has more invested I cant fault him for not wanting to take a loss, that goes for anyone. TAKE A FRICKEN CHILL PILL Link to comment Share on other sites More sharing options...
speedyman Posted May 21, 2009 Report Share Posted May 21, 2009 And you think KR owners are sensative, my comment was plain and simple, I disagree with calling him a moroon, if he has more invested I cant fault him for not wanting to take a loss, that goes for anyone. TAKE A FRICKEN CHILL PILL New cars depreciate with no exception. Buying a new car and selling in 6 mos, 1 yr, 2 yrs, etc. guarantees a loss. The depreciation of any new car in the first 12-24 mos is ferrocious. The residuals on most new cars at 36 mos are in the 50% range, some even less. New cars simply do NOT hold their value. It makes absolutely no difference what so ever what an individual paid for a vehicle when new at the time of sale or trade. Link to comment Share on other sites More sharing options...
sportscars Posted May 21, 2009 Report Share Posted May 21, 2009 Who buys a cars and expects to ever sell it for more than they paid? If it is very limited in numbers, in very high demand, a garage queen AND the economy is in good shape then MAYBE you could get more than you paid. But I wouldn't hold my breath. Thruth here is we don't know why he is selling. Most people sell their cars because either they need money or they want a different car. Very few individuals buy and sell with the intent of making money and succed. Maybe this guy was just testing the waters. I don't know. Maybe he has no idea that I can go buy a hundred brand new KR's each for less than he was asking. But I will second the idea that trying to sell a used car for more than a brand new identical car costs is not going to get you an invite from Mensa. Just my $.02 (which is for sale for a nickle) Link to comment Share on other sites More sharing options...
ilmor Posted May 21, 2009 Report Share Posted May 21, 2009 I think, even the Shelby's of the 60's could be picked up for next to nothing during a few years. So, our Shelby's are going to go through the same sort of cycle, at least. If our illustrious enviromentalists and liberals continue to have their say, our Shelby's may never increase in value and may even be outlawed from the roads. Many "maroons" will be involved along the way! Link to comment Share on other sites More sharing options...
SicShelby Posted May 21, 2009 Report Share Posted May 21, 2009 Who buys a cars and expects to ever sell it for more than they paid? If it is very limited in numbers, in very high demand, a garage queen AND the economy is in good shape then MAYBE you could get more than you paid. But I wouldn't hold my breath. Thruth here is we don't know why he is selling. Most people sell their cars because either they need money or they want a different car. Very few individuals buy and sell with the intent of making money and succed. Maybe this guy was just testing the waters. I don't know. Maybe he has no idea that I can go buy a hundred brand new KR's each for less than he was asking. But I will second the idea that trying to sell a used car for more than a brand new identical car costs is not going to get you an invite from Mensa. Just my $.02 (which is for sale for a nickle) +1 who knows why he is getting rid of it. If I was selling my standard, run of the mill, average, stock, GT500, I might start a little high. What have you got to lose?? Link to comment Share on other sites More sharing options...
08SGT1977 Posted May 21, 2009 Report Share Posted May 21, 2009 Without knowing the owner/sellers situation it may not be foolish. I talked to a guy yesterday who said he would sell his 2005 limited edition T-bird for $35k. I have seen this model advertised for $55k. I wish I could have taken it off his hands. Link to comment Share on other sites More sharing options...
switz Posted May 21, 2009 Author Report Share Posted May 21, 2009 And you think KR owners are sensative, my comment was plain and simple, I disagree with calling him a moroon, if he has more invested I cant fault him for not wanting to take a loss, that goes for anyone. TAKE A FRICKEN CHILL PILL Yep, the guy was pure Einstein, a real Sagan, reminded me of Copernicus. Take a car to auction and have a reserve $10k higher than you can buy it for on the street. So, I use a harsh, offensive cartoon term "maroon" and you can't fault him; ok, I guess. Yep, no one wants to take a loss on anything they buy. The reality is, and here is the rub apparently for you, the KR is worth less today than yesterday. And, it will be worth less tomorrow; it is just a fact. There are two year old KR's sitting on dealers lots rotting away as the 2010 comes to life. You think they are worth more? I am a realist. I know my Super Snake is worth less than what I paid for it and in a few years will probably be worth allot less. While I think the KR will hold its value more than a stock GT500, it too will drop in value. And thanks for the suggestion. I took a FRICKEN CHILL PILL last night and slept like a baby. Link to comment Share on other sites More sharing options...
frank bullitt Posted May 21, 2009 Report Share Posted May 21, 2009 Was just in Palm Springs last week. A dealership had a 50K mark up on a 09 KR. Link to comment Share on other sites More sharing options...
sherpa Posted May 21, 2009 Report Share Posted May 21, 2009 i know a person (kinda well off) paid $120k for the KR when it first came out, another KR now still sits at the same dealership and no one wants to touch it, not even for $70k out the door. the guy that paid 120k is all sick now. he admitted even he is a well off guy, but still, down 50g's just like that is aweful. sure he was the first kid on the block with the kr but 50g's for this short period of time is ridiculous. now if he was trying to sell his 120k kr for more then the current street value, i don't blame him. as for the person that didn't take 67.5k, maybe he is in the car way more and was just trying to pass the suckered buck to the next person that didn't do their homework. not all people out there are like us, knowing every little detail about our cars. i c these pebble beach auction people, they buy cars way over the car's value all the time but they have way more money than most of us here. yeahhh selling a used car for more than the new car price is something most people finds puzzled, i think he should have taken the 67.5 and prevent further losses. Link to comment Share on other sites More sharing options...
switz Posted May 21, 2009 Author Report Share Posted May 21, 2009 i know a person (kinda well off) paid $120k for the KR when it first came out, another KR now still sits at the same dealership and no one wants to touch it, not even for $70k out the door. the guy that paid 120k is all sick now. he admitted even he is a well off guy, but still, down 50g's just like that is aweful. sure he was the first kid on the block with the kr but 50g's for this short period of time is ridiculous. now if he was trying to sell his 120k kr for more then the current street value, i don't blame him. as for the person that didn't take 67.5k, maybe he is in the car way more and was just trying to pass the suckered buck to the next person that didn't do their homework. not all people out there are like us, knowing every little detail about our cars. i c these pebble beach auction people, they buy cars way over the car's value all the time but they have way more money than most of us here. yeahhh selling a used car for more than the new car price is something most people finds puzzled, i think he should have taken the 67.5 and prevent further losses. +1 Link to comment Share on other sites More sharing options...
switz Posted May 21, 2009 Author Report Share Posted May 21, 2009 Yup, the going rate for an '09 seems to be VERY low 70's. By the way, your KR looks spectacular! Link to comment Share on other sites More sharing options...
esc Posted July 30, 2009 Report Share Posted July 30, 2009 Don't forget to deduct from that price the premium that the auction house will charge for their service! Link to comment Share on other sites More sharing options...
cloud9 Posted August 4, 2009 Report Share Posted August 4, 2009 Was just in Palm Springs last week. A dealership had a 50K mark up on a 09 KR. Different market. There are thousands of people that live/vacation there that could write a check for that amount on an impulse buy. That dealership has some really cool modded Mustangs they do themselves. I've talked to them before and while you can tell they know they are over the market for an informed buyer who has to manage limited funds, they are in a market where people don't always shop for a deal and can do it without blinking. Link to comment Share on other sites More sharing options...
09KR0058 Posted August 4, 2009 Report Share Posted August 4, 2009 Different market. There are thousands of people that live/vacation there that could write a check for that amount on an impulse buy. That dealership has some really cool modded Mustangs they do themselves. I've talked to them before and while you can tell they know they are over the market for an informed buyer who has to manage limited funds, they are in a market where people don't always shop for a deal and can do it without blinking. And they probably don't have to deal with any maroons. Link to comment Share on other sites More sharing options...
cloud9 Posted August 5, 2009 Report Share Posted August 5, 2009 And they probably don't have to deal with any maroons. Oh I bet there are some rich maroons out there to! Link to comment Share on other sites More sharing options...
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