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More Shelby GT-H on the auction block


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These Shelby GT-H cars going on auction tomorrow. Shelby car numbers #25,44,65,78,103,136,137,205,215,255,318,369,374,378,380,382,400,404,&490.

 

Got to drive #137 from the Railcar Depot to the auction last week. Then we brought in 11 more cars this week and drove in #319. They will sell with the Hertz sale at Dallas Auto Auction.

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Good stuff!!!!!

Do you know what these are going for these days???

 

I had a standing bid for any price in the $40's and I understand a $49,500 bid got refused and the car did not sell. All went for over $50K but under $60K. I think there are more to come. Lots of these had many hours of sale prep and descriptions that included body panel repair / replacement.

Better luck next time....

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Only 9 of the 19 cars sold. The reserve was set at $50K. Car #65 went to Texas Motors Ford and they have it on eBay. The other 10 cars are still at Dallas Auto Auction, and the word is they will be sold via the Internet.

 

Thanks for the info! Keep us all posted when you can!

 

~Chris

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The pubic would be better off buying the 2007 Shelby GTs being sold as new (with no "rental" history)...here's what the Editors at MOTOR TREND had to say:

 

No-Hertz Ford Shelby GT: Why rent when you can own?

 

 

By Frank Markus

Photography by the Manufacturers

So you're dying to have one of those sure-fire collectible Shelby/Hertz Mustangs. But you're loath to wait for one to appear on your Ford dealer's lot, detailed to camouflage 20,000 miles of abuse accrued 100 miles at a time by renters hell-bent on getting their $300's worth of fun? Behold the mechanically and visually similar Shelby GT.

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The pubic would be better off buying the 2007 Shelby GTs being sold as new (with no "rental" history)...here's what the Editors at MOTOR TREND had to say:

 

No-Hertz Ford Shelby GT: Why rent when you can own?

 

 

By Frank Markus

Photography by the Manufacturers

So you're dying to have one of those sure-fire collectible Shelby/Hertz Mustangs. But you're loath to wait for one to appear on your Ford dealer's lot, detailed to camouflage 20,000 miles of abuse accrued 100 miles at a time by renters hell-bent on getting their $300's worth of fun? Behold the mechanically and visually similar Shelby GT.

 

That is exactly why I do not believe these are moving as they should. My guess is that Hertz paid significantly less (since they were purchasing 500) than the $36,900 price of a Shelby GT. Then, renters beat them, and Hertz got revenue from said rentals. After that, they were repaired and auctioned off with a reserve of.............................................................$50,000 and up. Now, I'm no rocket scientist, but logic would dictate that after useage, the price should go down a little.

Who, besides a hell-bent collector, would want one for >$50k when you can get a exactly the same performance (or better with a stick) BRAND NEW with a full warranty for LESS?

I could see, if Hertz wanted even $36k, being one of 500, well...maybe okay. But >$50K? Are they really that convinced? Rarity is one thing, but I ultimately think this is an entirely unrealistic expectation from Hertz. Beautiful car? Yes. Realistic price? No.

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That is exactly why I do not believe these are moving as they should. My guess is that Hertz paid significantly less (since they were purchasing 500) than the $36,900 price of a Shelby GT. Then, renters beat them, and Hertz got revenue from said rentals. After that, they were repaired and auctioned off with a reserve of.............................................................$50,000 and up. Now, I'm no rocket scientist, but logic would dictate that after useage, the price should go down a little.

Who, besides a hell-bent collector, would want one for >$50k when you can get a exactly the same performance (or better with a stick) BRAND NEW with a full warranty for LESS?

I could see, if Hertz wanted even $36k, being one of 500, well...maybe okay. But >$50K? Are they really that convinced? Rarity is one thing, but I ultimately think this is an entirely unrealistic expectation from Hertz. Beautiful car? Yes. Realistic price? No.

 

 

I agree 100%

 

Mike

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Hertz has the time to just sell off a few at a time at their own designated price. They want to keep the price up so it looks like the prior buyers will have a good deal by being the first buyers. Plus now the Shelby GT-H convertibles are in the works, and this just adds to keeping the price up for now and when those cars come to the auction block.

 

Dallas Auto Auction pulled out the remaining 11 cars out today, with possible sale tomorrow at the regular dealer wholesale auction. Waiting to see if they get run numbers for the sale. Nine cars sold from last week's Hertz sale, #44, 65, 136, 205, 255, 319, 369, 374, and 490. Car #319 was pulled from the auction as supposedly the highest bid was placed on this car before the auction. It was the lowest mileage car (9051) of all the cars, and I drove this one into the auction the week before the sale. It was really a nice driving car and the interior even smelled like NEW!

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Hertz has the time to just sell off a few at a time at their own designated price. They want to keep the price up so it looks like the prior buyers will have a good deal by being the first buyers. Plus now the Shelby GT-H convertibles are in the works, and this just adds to keeping the price up for now and when those cars come to the auction block.

 

Dallas Auto Auction pulled out the remaining 11 cars out today, with possible sale tomorrow at the regular dealer wholesale auction. Waiting to see if they get run numbers for the sale. Nine cars sold from last week's Hertz sale, #44, 65, 136, 205, 255, 319, 369, 374, and 490. Car #319 was pulled from the auction as supposedly the highest bid was placed on this car before the auction. It was the lowest mileage car (9051) of all the cars, and I drove this one into the auction the week before the sale. It was really a nice driving car and the interior even smelled like NEW!

Interesting. I guess they don't think like Car dealers (ie: floor plan, etc) so they can set their price. Thanks for keeping us all informed. By the way, I don't know if you saw the pics @ NY, but they had Shelby GT-H convertible #1 there. It was beautiful! :wub:

 

On a side note, Amy & Company are working on "other things" as well. We'll have to wait & see what's next!!! :spiteful:

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