Inarticulate Posted May 23, 2009 Report Share Posted May 23, 2009 and was offered $20,000 at Friendly Ford and $17,500 at Chapman Dodge. Looks like I am going to have to sell it myself. I hate to let it go, but I can't afford it anymore. Anyone have an idea about how much I should ask for it private sale? It's a 2007 White 5 speed, with the Shaker 1000. Approximately 7200 miles on it. Link to comment Share on other sites More sharing options...
ShelbyDude Posted May 23, 2009 Report Share Posted May 23, 2009 Ask $27k OBO You should be able to get $24k - $25k Link to comment Share on other sites More sharing options...
blkGT500nCA Posted May 23, 2009 Report Share Posted May 23, 2009 Ask $27k OBO You should be able to get $24k - $25k That's at a dealer right??? Geez I hope so. Link to comment Share on other sites More sharing options...
ShelbyDude Posted May 23, 2009 Report Share Posted May 23, 2009 I just looked up new 08 Shelby GT. Those now have a $6,000 Rebate!!!! One with a MSRP of $40,685 could be had for $32,417 at invoice minus rebate. I have seen dealers offering to take $2000 off invoice just to get rid of these. That would be $10k off a new 08 at a $2,000 loss. This is definitely the best time to buy these cars, but the worst time to have to sell them. Right now with the economy it is a buyer's market. KR's going for invoice, GT500's for invoice minus $1500 - $3000. This is killing the resale values on used right now. Link to comment Share on other sites More sharing options...
kahmann Posted May 23, 2009 Report Share Posted May 23, 2009 I got my brand new SGT last October for $31k. It's even worse for dealers now. I'd do whatever I could to hang on to it, till the market changes for the better. Ken Link to comment Share on other sites More sharing options...
ShelbyDude Posted May 23, 2009 Report Share Posted May 23, 2009 That's at a dealer right??? Geez I hope so. At a dealer? It makes no difference. Dealer, private party, it is what it is. If you can buy new 08's at around $30k - $32k, how much would someone pay for a used 07? $24k - $25k would be strong selling it for retail. Once the economy recovers, and the fact they are no longer making the Shelby GT, those may be the ones that will have strong resale values in the distant future. But right now nothing is selling good and everything is being sold at bargain prices. Just look at what some of the people here are saying they just bought a new GT500 for! Link to comment Share on other sites More sharing options...
FordRocks1 Posted May 23, 2009 Report Share Posted May 23, 2009 Sorry to hear that you have sell it, you got to do what you got to do bit try carmax...good luck. Link to comment Share on other sites More sharing options...
ken07gt500 Posted May 23, 2009 Report Share Posted May 23, 2009 Sorry to hear that you have sell it, you got to do what you got to do bit try carmax...good luck. I would list it on EBAY, you can set a reserve price on what you need to get out of, if it dosent sell, its free to relist it and you can always change your reserve, Good Luck ...enjoy it while you have IT, Ken Link to comment Share on other sites More sharing options...
WildAzCat Posted May 23, 2009 Report Share Posted May 23, 2009 It's sad to hear them going so low. What a time to be in the market for a new SGT... Link to comment Share on other sites More sharing options...
blkGT500nCA Posted May 23, 2009 Report Share Posted May 23, 2009 At a dealer? It makes no difference. Dealer, private party, it is what it is. OUCH! If you can buy new 08's at around $30k - $32k, how much would someone pay for a used 07? $24k - $25k would be strong selling it for retail. Once the economy recovers, and the fact they are no longer making the Shelby GT, those may be the ones that will have strong resale values in the distant future. But right now nothing is selling good and everything is being sold at bargain prices. Just look at what some of the people here are saying they just bought a new GT500 for! I didn't know new '08's were 32k. WOW! Seems like prices are dropping every day. Link to comment Share on other sites More sharing options...
ingram4868 Posted May 23, 2009 Report Share Posted May 23, 2009 Sorry to hear the bad news. Good luck with the sale Link to comment Share on other sites More sharing options...
ShelbyDude Posted May 23, 2009 Report Share Posted May 23, 2009 I would list it on EBAY, you can set a reserve price on what you need to get out of, if it dosent sell, its free to relist it and you can always change your reserve, Good Luck ...enjoy it while you have IT, Ken I wouldn't put much hope with ebay. over 95% of cars listed do not sell. It isn't free to relist. If it doesn't sell the second time you still pay. If it DOES sell the second time then you don't pay another listing fee, just a final value fee. The best place is probably autotrader.com and cars.com. You can list it for one fee and keep it listed until it sells. On autotrader.com get the deluxe listing for $54. You can run it until it sells and load up to 18 photos. On cars.com get the Premium for $45. You get 60 day listing with free renewals until it sells, up to 12 photos and a money back guarantee. I sell more cars off autotrader and cars.com than any other source. Link to comment Share on other sites More sharing options...
ShelbyDude Posted May 23, 2009 Report Share Posted May 23, 2009 I just did a nationwide search on cars.com for 07 Shelby GT. There is about 45 listed. They are priced from $26,500 to $34,998. The one for $26,500 has 12k miles. Another one has 4,535 miles listed for $26,995. These are asking prices. They have a lot of GT500's listed as well. From $35,750 with 13,761 miles, one with 8,275 miles listed for $35,900 all the way up to $77,000 for a 07 with 38 miles. LOL One GT500 with 7,000 miles listed for only $59,900 LOL One GT500 with only 750 miles listed for $63,988 LOL I think someone forgot to tell these people to watch the news once and awhile so they can realize we are in a depression now! LOL Link to comment Share on other sites More sharing options...
JeffIsHereToo Posted May 23, 2009 Report Share Posted May 23, 2009 Sorry to hear of your problems. I've been there and can tell you it does get better and one day, if you want, you can buy another. When I was going through similar financial problems I had to sell a car ebay! I had a beautiful 92, perfect, Lexus SC400 with 45K mi on it after 11 years. The dealer offered me nothing for it in trade or buy out. I put in on ebay and it sold in a week to a guy in PA that flew out paid cash and drove it home! I got twice what the dealer offered me. Now maybe I'm an exception, and this car was different, but it does work. Good luck! Link to comment Share on other sites More sharing options...
SGT-C0056 Posted May 23, 2009 Report Share Posted May 23, 2009 Sorry to hear that you have sell it, you got to do what you got to do bit try carmax...good luck. I have bought and sold cars at CarMAx. It's easy to sell a car there, but they will give you even less than the dealer. Try it out and see, its free and no obligation Link to comment Share on other sites More sharing options...
RACERX009 Posted May 24, 2009 Report Share Posted May 24, 2009 The way things are going with major stores closing down along with dealerships sometimes you have to cut your losses and move on. I found out today that all Sear repair shops are closing in my area so any warranty work has to be shipped out major headache for owners of there equipment. In my neighborhood there are forclosures eveywhere, I don't think the economy is going to bounce back anytime soon. People have been caught even burning there cars !!! Link to comment Share on other sites More sharing options...
SVALLIN3 Posted May 26, 2009 Report Share Posted May 26, 2009 If you can, maybe refinance it? Might drop the payment a hundred or more per month. We did that when we were having financial troubles. Ended up adding a couple years to get it paid off, but we saved over $100 a month on payments and didn't cost any fees to refinance it. Link to comment Share on other sites More sharing options...
RACERX009 Posted May 26, 2009 Report Share Posted May 26, 2009 If you can, maybe refinance it? Might drop the payment a hundred or more per month. We did that when we were having financial troubles. Ended up adding a couple years to get it paid off, but we saved over $100 a month on payments and didn't cost any fees to refinance it. That's possibility for him but you have watch for banks that are scamming people !! Link to comment Share on other sites More sharing options...
S8MS-01904 Posted June 2, 2009 Report Share Posted June 2, 2009 If you still have your car, send me a pm with more info.... Tom Link to comment Share on other sites More sharing options...
JeffIsHereToo Posted June 2, 2009 Report Share Posted June 2, 2009 If you still have your car, send me a pm with more info.... Tom He hasn't logged in since posting this so if you're interested you might be better off PMing him which will send him an email. Link to comment Share on other sites More sharing options...
ChipBeck Posted June 3, 2009 Report Share Posted June 3, 2009 It's even worse for dealers now.I'd do whatever I could to hang on to it, till the market changes for the better. Gentlemen, With the current reincarnation of Karl Marx in the White House, it's probably going to be a long wait. Everything I own, from my business to my home to my cars, is worth 50% of what it was worth two years ago. This is not normally a cause for great concern as markets rise and fall. In this case however, as the very foundations of our nation's prosperity are being ripped to shreds and businessmen like me have canceled all plans for expansion while we endure these ugly socialist threats, I don't see anything coming back much during the next four years. Batten down the hatches, and do your best to survive. Live to fight another day and hope this nation comes to its senses. Chip Link to comment Share on other sites More sharing options...
SWEDEMAN Posted June 4, 2009 Report Share Posted June 4, 2009 Gentlemen, With the current reincarnation of Karl Marx in the White House, it's probably going to be a long wait. Everything I own, from my business to my home to my cars, is worth 50% of what it was worth two years ago. This is not normally a cause for great concern as markets rise and fall. In this case however, as the very foundations of our nation's prosperity are being ripped to shreds and businessmen like me have canceled all plans for expansion while we endure these ugly socialist threats, I don't see anything coming back much during the next four years. Batten down the hatches, and do your best to survive. Live to fight another day and hope this nation comes to its senses. Chip [/quote Chip - Yes he has made huge mistakes and only the wise see it. My business, both territories, even with national ties and industry strong holds is worth 50% of what is was 2 years ago. My property, home and all other asset too are the same. Chip your knowledge again is next to none, I second the motion: batten down the hatches and save your self and your family and your most trusted employees. And we'll all live to fight another day, of course after my new interior is installed! :happy feet: Link to comment Share on other sites More sharing options...
JeffIsHereToo Posted June 4, 2009 Report Share Posted June 4, 2009 Gentlemen, With the current reincarnation of Karl Marx in the White House, it's probably going to be a long wait. Everything I own, from my business to my home to my cars, is worth 50% of what it was worth two years ago. This is not normally a cause for great concern as markets rise and fall. In this case however, as the very foundations of our nation's prosperity are being ripped to shreds and businessmen like me have canceled all plans for expansion while we endure these ugly socialist threats, I don't see anything coming back much during the next four years. Batten down the hatches, and do your best to survive. Live to fight another day and hope this nation comes to its senses. Chip You posted this stuff in here before in another thread and I let it go...let's not make a habit of it and save this political junk for the off topic forum. Thanks! Link to comment Share on other sites More sharing options...
JeffIsHereToo Posted June 4, 2009 Report Share Posted June 4, 2009 Chip - Yes he has made huge mistakes and only the wise see it. My business, both territories, even with national ties and industry strong holds is worth 50% of what is was 2 years ago. My property, home and all other asset too are the same. Chip your knowledge again is next to none, I second the motion: batten down the hatches and save your self and your family and your most trusted employees. And we'll all live to fight another day, of course after my new interior is installed! :happy feet: Ditto to you! I don't go into the right wing distortion zone anymore, I've left that to all of you, so please don't taint the car area with your political agendas and I'll promise to do the same. ok? Thanks! Link to comment Share on other sites More sharing options...
69dejavue Posted June 4, 2009 Report Share Posted June 4, 2009 Gentlemen, With the current reincarnation of Karl Marx in the White House, it's probably going to be a long wait. Everything I own, from my business to my home to my cars, is worth 50% of what it was worth two years ago. This is not normally a cause for great concern as markets rise and fall. In this case however, as the very foundations of our nation's prosperity are being ripped to shreds and businessmen like me have canceled all plans for expansion while we endure these ugly socialist threats, I don't see anything coming back much during the next four years. Batten down the hatches, and do your best to survive. Live to fight another day and hope this nation comes to its senses. Chip Chip, how do you reverse socialism once entrenched. Once the supreme court is packed with socialist judges. Once the illegals are given amnesty and you have 15 million more democrat votes. How do you pay for the trillions that have been "charged" and we not only have to repay but with interest. I fear the country may already be lost. Once people find out they can vote themselves a raise you will never be able to take it back. And obviously the liberals do not see the evil they have supported. Link to comment Share on other sites More sharing options...
JeffIsHereToo Posted June 4, 2009 Report Share Posted June 4, 2009 Chip, how do you reverse socialism once entrenched. Once the supreme court is packed with socialist judges. Once the illegals are given amnesty and you have 15 million more democrat votes. How do you pay for the trillions that have been "charged" and we not only have to repay but with interest. I fear the country may already be lost. Once people find out they can vote themselves a raise you will never be able to take it back. And obviously the liberals do not see the evil they have supported. Thread closed! :happy feet: Link to comment Share on other sites More sharing options...
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