11ShelbyGT500 Posted July 11, 2011 Report Share Posted July 11, 2011 This is a tough decision for me, so I'm asking for help. My GT500 convertible is #16 of 950, #2 of 26 Silver w/red SVTPP stripes, 3rd vert produced on the mass production launch (3-22-10), and the first one bound for the US. As much as I love my car those GT350 verts are just incredible! Either one will put a smile on my face, no doubt :D But, which one will put more $ in my wife's and kid's pocket after I'm dead and buried? Link to comment Share on other sites More sharing options...
Grabber Posted July 11, 2011 Report Share Posted July 11, 2011 Trust me on this. You would be much better off buying 30 year Term Life insurance policy for your wife. That's what I did. You can't buy a 30 year term policy after you turn 50, so I bought mine at 49-1/2 years of age. My yearly premium is kind of high because I am a stage II Melanoma cancer survivor. But my rate will never go up. Every year for the next 30 years, I pay $1, 296 dollars to be able to leave my wife $250,000 dollars if anything happens to me. Your car will NEVER be worth that in 30 years. I figure this is the best piece of mind $1,296 can buy. Besides that....now she will have gas money to drive my GT500 after I croak. Link to comment Share on other sites More sharing options...
Grabber Posted July 11, 2011 Report Share Posted July 11, 2011 This is a tough decision for me, so I'm asking for help. My GT500 convertible is #16 of 950, #2 of 26 Silver w/red SVTPP stripes, 3rd vert produced on the mass production launch (3-22-10), and the first one bound for the US. As much as I love my car those GT350 verts are just incredible! Either one will put a smile on my face, no doubt :D But, which one will put more $ in my wife's and kid's pocket after I'm dead and buried? I hope you don't mind, I added a line item to your poll, because neither option worked for me. B) Link to comment Share on other sites More sharing options...
Cali_KR Posted July 11, 2011 Report Share Posted July 11, 2011 Grabber my boy.....WTF?!?!....jk You can't drive an insurance policy, besides, what is your wife going to do with a 250k when she is 80? Buy her 60 y.o boyfriend a Shelby If he can afford an ss or the 350, I'm sure his insurance needs are sorted as well... 30+ years from now, your guess is as good as mine....buy what makes you happy today, and not what may or may not happen decades from now. Just my .02 Link to comment Share on other sites More sharing options...
Grabber Posted July 11, 2011 Report Share Posted July 11, 2011 Grabber my boy.....WTF?!?!....jk You can't drive an insurance policy, besides, what is your wife going to do with a 250k when she is 80? Buy her 60 y.o boyfriend a Shelby If he can afford an ss or the 350, I'm sure his insurance needs are sorted as well... 30+ years from now, your guess is as good as mine....buy what makes you happy today, and not what may or may not happen decades from now. Just my .02 Since he was wanting to leave his wife an investment...it got me thinking. Sorry for going off track with the thread. As we all know....these cars are money losers. However....they are fun toys to have. I guess my post kinda did this to the thread. Sowy. Link to comment Share on other sites More sharing options...
twobjshelbys Posted July 11, 2011 Report Share Posted July 11, 2011 Cars are not an investment. Buy QQQ if you want one. Leave it for 30 years and you will track the Nasdaq. I can tell you from experience that #1 of xxx and $1.50 will get you a diet coke at the local gas station. DId I say that cars are not an investment? Oh yeah. If you want to buy a car that will at least break even get a Ford GT. Right now they are doing OK. It's not a retirement fund by any stretch but it's a fun ride and will hold it's value over the next few years. Link to comment Share on other sites More sharing options...
Grabber Posted July 11, 2011 Report Share Posted July 11, 2011 If you want to buy a car that will at least break even get a Ford GT. Right now they are doing OK. It's not a retirement fund by any stretch but it's a fun ride and will hold it's value over the next few years. I was just looking on Ebay at the Ford GT super cars. There are a few with 500 to 600 miles on them. If I had an extra 200K laying around...I would get one. ...but I don't. Link to comment Share on other sites More sharing options...
Grabber Posted July 11, 2011 Report Share Posted July 11, 2011 Funny how the Term life insurance policy is in the lead with 4 votes. Link to comment Share on other sites More sharing options...
b17drvr Posted July 11, 2011 Report Share Posted July 11, 2011 Car = fun. it is not an investment. Link to comment Share on other sites More sharing options...
jerseygator Posted July 11, 2011 Report Share Posted July 11, 2011 While cars are not investments... In comparison to other automobiles I believe Shelby's hold there value much better. I'd rather have a $91k SuperSnake or a $85k GT350 convt as compared to a $100k GTR or even a Porsche. I'd voted for the SS, but it is really a personal choice. Both are very limited production. Probably more so the SS. Link to comment Share on other sites More sharing options...
11ShelbyGT500 Posted July 11, 2011 Author Report Share Posted July 11, 2011 While cars are not investments... In comparison to other automobiles I believe Shelby's hold there value much better. I'd rather have a $91k SuperSnake or a $85k GT350 convt as compared to a $100k GTR or even a Porsche. I'd voted for the SS, but it is really a personal choice. Both are very limited production. Probably more so the SS. There will only be 350 '12 GT350 made, and they will only made this year; compared to an open year program with the Super Snake. Does anybody know how many 2011 SS have been made, and what is their cap? Does Shelby breakdown the numbers between coupes & verts, or set limits for production numbers between the body styles? Link to comment Share on other sites More sharing options...
REVENGE Posted July 11, 2011 Report Share Posted July 11, 2011 I am shocked that there are still people who think of these cars as investments. Link to comment Share on other sites More sharing options...
Roush GR40 Posted July 11, 2011 Report Share Posted July 11, 2011 I'm no expert...but I think anyone that thinks of a current Shelby as an investment is sadly mistaken. I honestly don't think the values that we see on 65 - 70 Shelby's will repeat with the current generation of cars....so it's probably not wise to ever consider either of these cars as an investment. Will it hold it's value better than a stock Mustang....absolutely...but don't plan on making a profit or breaking even int he future. Want to make a good investment for your family...enjoy your car with them...the memories are worth far more than you'd get by selling your car. Forget the overpriced GT350 and SS, go with a stock GT500...take some of the extra money you would have spent and go plan some open track days and some weekend trips with your wife. Just my .02 Link to comment Share on other sites More sharing options...
Amigo GT500 Posted July 11, 2011 Report Share Posted July 11, 2011 I'm no expert...but I think anyone that thinks of a current Shelby as an investment is sadly mistaken. I honestly don't think the values that we see on 65 - 70 Shelby's will repeat with the current generation of cars....so it's probably not wise to ever consider either of these cars as an investment. Will it hold it's value better than a stock Mustang....absolutely...but don't plan on making a profit or breaking even int he future. Want to make a good investment for your family...enjoy your car with them...the memories are worth far more than you'd get by selling your car. Forget the overpriced GT350 and SS, go with a stock GT500...take some of the extra money you would have spent and go plan some open track days and some weekend trips with your wife. Just my .02 That's true ...go witrh a stock GT500, spend $6500 for a 750HP supercharger from Ford Racing, get installed by your dealer so you won't have any warranty problems and you get the SS engine without the cost....enjoy the car with your wife and both will be happy!! Link to comment Share on other sites More sharing options...
EL SHELBY Posted July 11, 2011 Report Share Posted July 11, 2011 Trust me on this. You would be much better off buying 30 year Term Life insurance policy for your wife. That's what I did. You can't buy a 30 year term policy after you turn 50, so I bought mine at 49-1/2 years of age. My yearly premium is kind of high because I am a stage II Melanoma cancer survivor. But my rate will never go up. Every year for the next 30 years, I pay $1, 296 dollars to be able to leave my wife $250,000 dollars if anything happens to me. Your car will NEVER be worth that in 30 years. I figure this is the best piece of mind $1,296 can buy. Besides that....now she will have gas money to drive my GT500 after I croak. Grabber, if you are still kicking at 79 are you planning to take your GT500 for a long drive off a short cliff so your wife and cash in the quarter mil? If not, the ~$39K you spent for the policy will be worth a whole lot of nada. Link to comment Share on other sites More sharing options...
08jester Posted July 11, 2011 Report Share Posted July 11, 2011 I certainly didn't get mine for investment purposes, I got mine to enjoy. I love my car and wouldn't trade it for anything..... Definately not for investment, just for fun..... Link to comment Share on other sites More sharing options...
Sherri Leicht Posted July 11, 2011 Report Share Posted July 11, 2011 Drive your car and enjoy life to the fullest with your wife :happy feet: And make sure the insurance is there for financial needs if she survives you. Link to comment Share on other sites More sharing options...
Cdvision Posted July 12, 2011 Report Share Posted July 12, 2011 I was just looking on Ebay at the Ford GT super cars. There are a few with 500 to 600 miles on them. If I had an extra 200K laying around...I would get one. ...but I don't. We should get together a bunch of guys and do a time share deal on a Ford GT!!! $20k x 10 guys....there's a plan!!! Ford GT for sale Link to comment Share on other sites More sharing options...
11ShelbyGT500 Posted July 12, 2011 Author Report Share Posted July 12, 2011 Ok, all of you are right, and I agree a car is not investment. It is a poor choice of words. What I'm trying to figure out is, which car would hold its resale value better the '11 Supersnake vert or the '12 GT350 vert? Link to comment Share on other sites More sharing options...
VegasMichael Posted July 12, 2011 Report Share Posted July 12, 2011 An 08 or 09 KR bought this year in the low 50s might even supercede an SS or 350 in appreciation on a percentage basis. But I agree, get the term insurance. But make sure you go with a quality company with a history of claims paying ability. Link to comment Share on other sites More sharing options...
oldlugs Posted July 12, 2011 Report Share Posted July 12, 2011 Both the SS and the GT350 are fun toys; neither is an investment. Get the one you'll have the most fun with, then play with and admire it. As for which will retain the best % of resale value...? I'd guess the SS, 'cause it's got the bigger engine... Just a guess. Link to comment Share on other sites More sharing options...
jerseygator Posted July 12, 2011 Report Share Posted July 12, 2011 Ok, all of you are right, and I agree a car is not investment. It is a poor choice of words. What I'm trying to figure out is, which car would hold its resale value better the '11 Supersnake vert or the '12 GT350 vert? And holy cow some folks are really quick to set you straight! As I stated in an earlier post, I think the 800 HP 2012 SS will hold it's value more than the GT 350. I know the GT350 is limited production. But I think you'll find they didn't sell very many 2011 or 2010 SS packages. I don't know the numbers. I'm sure someone else does... But in the end it's what ever floats your boat... Link to comment Share on other sites More sharing options...
YZD263 Posted July 12, 2011 Report Share Posted July 12, 2011 An 08 or 09 KR bought this year in the low 50s might even supercede an SS or 350 in appreciation on a percentage basis. But I agree, get the term insurance. But make sure you go with a quality company with a history of claims paying ability. +1. KRs can be had at an attractive price now and have low production number. I also agree with Grabber: a term insurance is a much better investment. Cars are hardly an investment, except for a few rare exceptions, and only over a long period of time. Link to comment Share on other sites More sharing options...
jmn444 Posted July 12, 2011 Report Share Posted July 12, 2011 Just get the car you want most. If you want the highest residual value possible (or even better, increased value), then buy a car that's already 30-40 years old that you really want. It will still not be an investment due to storage/insurance/maintenance/etc.... but it may be a better store of value. Link to comment Share on other sites More sharing options...
11ShelbyGT500 Posted July 13, 2011 Author Report Share Posted July 13, 2011 And holy cow some folks are really quick to set you straight! As I stated in an earlier post, I think the 800 HP 2012 SS will hold it's value more than the GT 350. I know the GT350 is limited production. But I think you'll find they didn't sell very many 2011 or 2010 SS packages. I don't know the numbers. I'm sure someone else does... But in the end it's what ever floats your boat... The Super Snake looks bad A$$, but Gary Paterson VP Shelby American took me along for a ride at the Pocono Raceway in a GT350, and all I can say is WOW! Link to comment Share on other sites More sharing options...
10GT500KonaBlue Posted July 13, 2011 Report Share Posted July 13, 2011 go with the ss vert Link to comment Share on other sites More sharing options...
MY500SS Posted July 13, 2011 Report Share Posted July 13, 2011 Cars are not an investment. Buy QQQ if you want one. Leave it for 30 years and you will track the Nasdaq. I can tell you from experience that #1 of xxx and $1.50 will get you a diet coke at the local gas station. DId I say that cars are not an investment? Oh yeah. If you want to buy a car that will at least break even get a Ford GT. Right now they are doing OK. It's not a retirement fund by any stretch but it's a fun ride and will hold it's value over the next few years. Buy a used KR or SS and drive the piss out of it..............invest the remaining 30k in a mutual fund and enjoy life. Link to comment Share on other sites More sharing options...
terryj Posted July 17, 2011 Report Share Posted July 17, 2011 I hope you don't mind, I added a line item to your poll, because neither option worked for me. B) That isn't right. It's not your poll but you want to interject your BS into someone elses poll. No one else cares if it doesn't work for you, especially the OP. You should take a week off to punish yourself. Link to comment Share on other sites More sharing options...
jmn444 Posted July 17, 2011 Report Share Posted July 17, 2011 terryj hittin the nail on the head! Link to comment Share on other sites More sharing options...
Boss Hoss 540 Posted July 17, 2011 Report Share Posted July 17, 2011 I liked the added choice.. Link to comment Share on other sites More sharing options...
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