Trade 08 KR for Ford GT

[KR158]

Talking a few dealers on trading in the KR for a ford gt. Thoughts on value of the KR trade. I wanted 50k for the car but the true number after playing the FGT cost etc is more like 40k. My KR is blk/blk 2800 miles. Thoughts on if the FGT is worth 105k more then the KR?

[Son of GT]

Talking a few dealers on trading in the KR for a ford gt. Thoughts on value of the KR trade. I wanted 50k for the car but the true number after playing the FGT cost etc is more like 40k. My KR is blk/blk 2800 miles. Thoughts on if the FGT is worth 105k more then the KR?

 

 

In one word: Yes. The FGT is a completely different kind of animal than the KR is. It's original MSRP was about $150K, and you really can't find a used one for less than that nowadays. Owning a FGT puts you in that "rare air" catagory. The FGT is a supercar, the KR is a modified Mustang.

[dbackg]

You can buy mine. Sounds like it may be your favorite color = BLACK.

 

http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&item=140489240119&viewitem=&sspagename=STRK:MESELX:IT#ht_1195wt_1166

 

Free shipping to New Mexico.

[Cali_KR]

DO IT!

[MY500SS]

Trade in the KR for a Ford GT.............

[REAL ONE]

The FGT is in a class of its own. It is the unrivaled top of the Ford high performance food chain.

 

The KR is a special vehicle too. In fact its more limited in number manufactured then the FGT. 1600 compared to 4038. I LOVE my KR but if asked to chose one. FGT hands down. There are only about 3000 FGTs left in the US. The rest were exported or salvaged after over exhuberant owners finished their first drives.

 

Values of FGTs are actually edging up believe it or not.

 

If I were you I wouldn't trade the KR in. I'd sell it. Call Elite Autos ask for Shelby. He is probably one of the largest sellers of FGTs in the country. He may be able to help you move your KR too. Tell him "Waxer" (my FGT forum user name) told you to call him. He is top shelf. www.eliteautosllc.com

 

He may be able to help.

[MY500SS]

The FGT is in a class of its own. It is the unrivaled top of the Ford high performance food chain.

 

The KR is a special vehicle too. In fact its more limited in number manufactured then the FGT. 1600 compared to 4038. I LOVE my KR but if asked to chose one. FGT hands down. There are only about 3000 FGTs left in the US. The rest were exported or salvaged after over exhuberant owners finished their first drives.

 

Values of FGTs are actually edging up believe it or not.

 

If I were you I wouldn't trade the KR in. I'd sell it. Call Elite Autos ask for Shelby. He is probably one of the largest sellers of FGTs in the country. He may be able to help you move your KR too. Tell him "Waxer" (my FGT forum user name) told you to call him. He is top shelf. www.eliteautosllc.com

 

He may be able to help.

 

 

Great post.

 

The KR is a fantastic car but the FGT is a trade up and I would only go up.

[twobjshelbys]

I'm trying to switch from a Cobra and a Shelby GT to a Ford GT too. No interest in either, and I'm prepared to spend up to $150K for the FGT (but not a black one, sorry - my Mustang is black and I don't want to do another black car for a while.)

 

FGTs are holding steady overall... $150K for a low miles, less with 10K, and hardly any cars over that mileage. Heritage cars are in their own class and typically get 200K+ although I know of one for alot less and will buy it if I can sell both cars. And no it's not for sale to the public.

[REAL ONE]

I have a SGT and a aluminum bodied CSX Shelby Cobra too. Candidly, right now your right. Not much interest in the market in those cars. In fact the SGT would probably be easier to sell right now.

 

The Cobra is stunning but candidly they are very expensive and in this economy not many buyers. Plus until the day comes when SAI stops making them they will never attain collector car status. If that day comes they will then be worth several times their original price IMHO however.

 

I

[dbackg]

Here is my post on the Ford GT Forum:

http://www.fordgt.com/forums/showthread.php?20097-For-Sale-2006-Black-Mark-II-with-silver-stripes

 

On Team Shelby:

http://www.teamshelby.com/forums/index.php?/topic/60871-for-sale-2006-black-mark-ii-with-silver-stripes/page__p__1037639__fromsearch__1&do=findComment&comment=1037639

 

 

Make me an offer!

 

Private seller = NO sales tax .... unless you live in Ohio.

[shelbypt]

That is a difficult decision for me. I love my KR and I love the FGT.. Hmmm... Preferably, I would like to keep my KR and buy the FGT too. I would like to have a CSX too though!! Which ever you decide, it will be a GOOD decision because you can't go wrong with either. And RealOne, I just noticed you have them all. You are the MAN... I have to see a picture of your garage!!!

[SVTpower]

Gee, aren't you guys ticked?? All these 'Shelby' cars and depreciating like crazy!! $40k for a KR?? when people where buying them for twice that and even the Cobra mentioned above.......no interest, BUT the 'FORD GT (no shelby name) are holding their value because they are TRUE limited cars. Fact is the market sucks but add to that there are too many Shelby cars and they keep coming. Thanks Ford, thanks Carroll !!!! for the b.s. you gave us!!!

[QuickSilverShelby]

Gee, aren't you guys ticked?? All these 'Shelby' cars and depreciating like crazy!! $40k for a KR?? when people where buying them for twice that and even the Cobra mentioned above.......no interest, BUT the 'FORD GT (no shelby name) are holding their value because they are TRUE limited cars. Fact is the market sucks but add to that there are too many Shelby cars and they keep coming. Thanks Ford, thanks Carroll !!!! for the b.s. you gave us!!!

 

Nice post.

 

I think most on here are happy that Shelby started building with Ford again.

 

The only b.s. is your steaming BS.

 

QSS

 

P.S. KR158 go get the FGT. What an amazing car.

[SVTpower]

Nice post.

 

I think most on here are happy that Shelby started building with Ford again.

 

The only b.s. is your steaming BS.

 

QSS

 

P.S. KR158 go get the FGT. What an amazing car.

 

 

 

I know, truth hurts

[shelbypt]

I know, truth hurts

 

 

One more ignorant post and you've reached 3000!!

Listen, most cars depreciate first. A car that has potential to appreciate, will appreciate. It takes awhile, approximately 7-8 years before this begins. I could have bought a 69 Boss 429 for $10,000 20 years ago. Now, it's at $160,000 - $170,000.

Oh, and by the way, I'm not pissed about owning my KR. I got it for a great price a year ago and for a lot less than many bought their GT500s. And by the time I sell it, I will have enjoyed it a life time AND make a lot of money!!

[2009droptopshelby]

Here is my post on the Ford GT Forum:

http://www.fordgt.com/forums/showthread.php?20097-For-Sale-2006-Black-Mark-II-with-silver-stripes

 

On Team Shelby:

http://www.teamshelby.com/forums/index.php?/topic/60871-for-sale-2006-black-mark-ii-with-silver-stripes/page__p__1037639__fromsearch__1&do=findComment&comment=1037639

 

 

Make me an offer!

 

Private seller = NO sales tax .... unless you live in Ohio.

 

 

 

 

Interested in trading a 67 GT500

[KR158]

You can buy mine. Sounds like it may be your favorite color = BLACK.

 

http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&item=140489240119&viewitem=&sspagename=STRK:MESELX:IT#ht_1195wt_1166

 

Free shipping to New Mexico.

 

 

I would make the 6hr drive from AZ for your car but still need to sell or trade the KR. I am working on 2 red cars which cost less then the blacks as you know. Love the black but at 145k for a 4k mile red is hard to pass. I need to decide by Wed as I am suppose tonorder a new tvs from VMP wed.

[Mustang_Scotty]

I have traded up for a while now...My 93 Cobra w/ 10k on the ticker along with my 93 Vert to get the Shelby GT vert, then traded for a GT500, then traded for my 2009 Shelby KR. I swore there can be no more trades.....except for my dream Ford GT. Absolutely go for it! THE PACE CAR FOR AN ENTIRE COMPANY!!

 

[Mustang_Scotty]

And this...

 

http://www.youtube.com/watch?v=2NBQqdcA4c8&feature=related

[SVTpower]

One more ignorant post and you've reached 3000!!

Listen, most cars depreciate first. A car that has potential to appreciate, will appreciate. It takes awhile, approximately 7-8 years before this begins. I could have bought a 69 Boss 429 for $10,000 20 years ago. Now, it's at $160,000 - $170,000.

Oh, and by the way, I'm not pissed about owning my KR. I got it for a great price a year ago and for a lot less than many bought their GT500s. And by the time I sell it, I will have enjoyed it a life time AND make a lot of money!!

 

 

 

7-8 years...........hahaha, good luck with that. You should have purchased real estate for a chance to make money. There......3000 !!!!!

[fcettner]

Awsome baby :happy feet:

[twobjshelbys]

I have a SGT and a aluminum bodied CSX Shelby Cobra too. Candidly, right now your right. Not much interest in the market in those cars. In fact the SGT would probably be easier to sell right now.

 

The Cobra is stunning but candidly they are very expensive and in this economy not many buyers. Plus until the day comes when SAI stops making them they will never attain collector car status. If that day comes they will then be worth several times their original price IMHO however.

 

I

 

 

There are a lot more Cobra owners looking to replace with a FGT than vice versa.

[dbackg]

I would make the 6hr drive from AZ for your car but still need to sell or trade the KR. I am working on 2 red cars which cost less then the blacks as you know. Love the black but at 145k for a 4k mile red is hard to pass. I need to decide by Wed as I am suppose tonorder a new tvs from VMP wed.

 

 

 

 

Hello KR158.

 

FYI:

Pricing is really subjective on the Ford GT.

 

Considerations:

1. Color

2. Mods

3. Mileage

4. Private seller vs Dealer = Sales Tax

5. Logistics - transportation

6. History and documentation

7. PPI, Carfax

 

I am very tuned in to the fair market price for the GT. GT's that are priced sub $150K, are generally completely stock, and NOT black or the heritage gulf.

 

RE: Mileage

 

A GT under 8K miles is considered low mileage and really under 10K as "twobjshelbys" stated.

 

In your search, I highly recommend you don't buy a GT that does not average 1000 to 1500 miles per year. Anything less, I would have serious questions regarding the internal health of the awesome 5.4L GT engine.

 

Most original GT owners will validate the above statement, it is really prospective non-GT buyers that have a hang up that low mileage is worth more, etc.

 

Please feel free to PM me.

 

Sincerely.

 

 

[twobjshelbys]

 

In your search, I highly recommend you don't buy a GT that does not average 1000 to 1500 miles per year. Anything less, I would have serious questions regarding the internal health of the awesome 5.4L GT engine.

 

 

 

 

Low mileage concerns me. The Heritage car I know about has 325. That means it has probably not had any of the TSBs, and I would want to have the engine checked very carefully. This is a case where mileage and hours might not be equal - if the engine has been run to operating temperature once a month or so it should be OK.

 

Another thing you should be sure of is service. The Ford GT trained techs are few and far between. Luckily my dealer has one still on staff.

 

Give a few extra bucks for one with the pulley kit, short throw shifter and exhaust. They're worth it.

[twobjshelbys]

Talking a few dealers on trading in the KR for a ford gt. Thoughts on value of the KR trade. I wanted 50k for the car but the true number after playing the FGT cost etc is more like 40k. My KR is blk/blk 2800 miles. Thoughts on if the FGT is worth 105k more then the KR?

 

 

Also, you're at the worst end of this. Dealers are only going to give you wholesale for your Mustang, and will demand retail or higher for the FGT. That's going to widen the spread. My dealer has given me a wholesale buy price for the SGT but will purchase my desired (private party) car on my behalf and sell it to me. That way I only have to pay sales tax on the difference. My dealer knows he has me on service and will get to add the mods mentioned above if I don't find a car with them so there's $10K right away.

 

Cobra has to go first and dealers won't touch them. The Cobra space is so full of clones (and mostly bad ones at that) that people simply don't understand why you laugh at them when they offer 25K and are serious.

 

dbackg, has Shelby ever said how much his Lambo door kit is?

[dbackg]

 

dbackg, has Shelby ever said how much his Lambo door kit is?

 

 

I have only heard BAD things on the lambo door setup for the FGT.

 

I am 6'0, 235lbs, I never have a problem getting in & out of th FGT.

 

 

 

[twobjshelbys]

I have only heard BAD things on the lambo door setup for the FGT.

 

I am 6'0, 235lbs, I never have a problem getting in & out of th FGT.

 

I was thinking of it for space reasons. I don't know if I'd ever be able to exit in my garage on the left side and would probably have to pull the car out of the left bay to open the door in the right bay side. Plus even if you park in the boonies some asshole always has to come over and park right next to you.

[twobjshelbys]

 

4. Private seller vs Dealer = Sales Tax

 

 

 

In most states you're not going to duck sales tax. In Colorado sales tax is collected at time of registration unless you buy from a dealer in which he collects the state portion (3.x%) and the county collects the rest (local portion) when you get your plates. Other states (Arizona included when we lived there) are the same or very similar. The difference between a private and dealer sale with a trade in is that with a dealer trade in sales tax is only computed on the difference between the value of the purchased vehicle and the traded vehicle.

 

You will likely not escape sales tax on a private sale. Here in Colorado the county goes by the price on the bill of sale. However, if it is low they go by their book. Thus it's unlikely you'll register a FGT which is selling in the books at say 150K for 50K unless you can prove to them that it is only worth 50K (accident damage, salvage title, etc, and even then you'll have to get a higher up muckity-muck to be in the loop.) Governments are hungry with property taxes down due to reduced property values auto fees is one way they are making it up.

 

It can pay to trade and I have two dealers that will run both cars through them to make it look like a trade in (for a small amount of ching to buy a case of beer.)

[REAL ONE]

Gee, aren't you guys ticked?? All these 'Shelby' cars and depreciating like crazy!! $40k for a KR?? when people where buying them for twice that and even the Cobra mentioned above.......no interest, BUT the 'FORD GT (no shelby name) are holding their value because they are TRUE limited cars. Fact is the market sucks but add to that there are too many Shelby cars and they keep coming. Thanks Ford, thanks Carroll !!!! for the b.s. you gave us!!!

 

 

SVT: No. We are not "ticked". I read your post last night and wondered why are you on this KR forum and for that matter why are you even on this Shelby forum all together? News flash: this economy has destroyed the resale value of just about everthing from A to Z. Shelbys are n't the only ones affected. Even supercars, Veyrons, Lambos, Ferrari's...you name it. One of the few cars that hasn't been affected as MUCH is the FGT. Why? I have my own theory but there is nothing thats has gone untouched. Even collector cars have been hurt.

 

What BS has Shelby and Ford brought us??? Your car? A Shelby GT500?. Hmmm, if thats BS then sell it. Chevy and Chyrsler have perfromance offerings from Camaros to Vettes to Vipers.

 

I don't think there are too many of us here that bought our cars because we looked at them as investments. I didn't. But I do try and pick cars that will depreciate less then others and buy them at the right time.

 

In fact, the KR is more limited (twice as limited in fact) than the FGT. Original KRs are still selling for many times their original MSRP. In fact the current KR sold early on in many cases in excess of $100,000.00. I could make the case that was a snapshot of what the KR's future value potential is. Many things conspired to drop KR values, mostly the economy. But who knows the future. Don't know. But I do know I bought the KR because it is an awesome car, its one of the few pre title Shelbys ever made and its limited in number and foremost because I love it.

 

As long as any car is in production and can be purchased new the existing ones will never attain collector status. But I would venture to say that most of us here didn't buy our cars because we thought they would be collectible. I didn't. Most I think purchased their Shelby or whatever else they did because they are car guys, enthusiasts and because the car(s) they bought "stirred their soul" and made them smile and heart race just a little faster whenever they look at them. Thats why.

 

My Shelby Cobra. Its a special car. But as TwoShelbys noted there are many "replica" Cobras on the market. I don't care because I love my Cobra. Its an iconic car that is instantly recognizable. If SAI stops production of Continuation series Cobras...watch out value wise. You'd have to pay me 2 to 3X's my purchase price to get mine.

 

So while I'm all sure we can point to things Shelby/SAI or Ford has done that made us grouse or complain, in the end and on balance the pluses sure outweigh the minuses I think for most here. Ford and Shelby brought us many, many great cars and are a big part of American racing history and put the U.S. at the top in automotive competition many times.

 

While the Shelbys do keep coming thats not all bad. It allows the hobby to grow and more people have the opprotunity to own a Shelby and enjoy it. Percentage wise Shelbys still account for a very very tiny percentage of the total cars on US roads. The Shelbys actually coming out of SAI account for an infintesmal percentage of cars on US roads.

 

Point is...if your driving a Shelby its still pretty special. If you don't think so I'm sure you'll find someone more then happy to take your Shelby GT500 off your hands.

 

On the FGT purchase. PPI is very important. Make sure its a "no stories" car. A good number of these cars were purchased by guys that thought they could "handle" them and found out they couldn't. Buy the color you love. Color in the future will not be important. Condition and mods will be important. FGTs are mod friendly and don't affect value as long as the mods are bolt on and can be reversed easily. Mods can actually enhance value. Bumper delete, Heffner tune, performance exhaust, oil diff cooler, T/A lowering kit, short throw shifter, hot buttons for seats. Make sure the mods were done buy those that know how to work on these cars. They are not Ford Focuses.

 

FGTs are not that old. A 2005 is the oldest. I wouldn't be concerned about buying a 100 mile 2005 FGT. In another 20 years I'd be concerned buying a 100 mile FGT. However, if you are going to drive it, I wouldn't pay a premium for a "delievery" mileage car. Thats a waste.

 

ShelbyPT I will post pics for you.

[twobjshelbys]

Others have mentioned that the PPI (Pre Purchase Inspection) is important. It is critical. Don't trust CarFax. As discussed elsewhere people try real hard to keep such info off CarFax and I know that there are places that repair cars (FGTs included) without getting there. It's especially easy if you don't submit the claim to your insurance.

 

There are a couple of guys that will fly to your car's location and do the PPI. The GT Guys seem to be the best choice because of their familiarity with them (I believe they were involved with Saleen during the original builds) and are apparently able to spot even the subtlest of changes. Damage doesn't even have to be visible, e.g., if a major part has been swapped, they know to start asking questions.

 

Good luck...

 

dbackg I'll be sending another PM but they are "off the air" right now...