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2008 Shelby GT Value


brandyspaw
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I recently got a black 2007 SGT and found out one of my neighbors happens to also be a Shelby freak. As soon as he saw mine he started in explaining how he's been shopping for one for several weeks and the local one he just looked at. This, of course, led him to ask me about prices on them.

 

Seems he found a blue 2008 SGT on Craigslist and asked my advice on the value since I had just bought mine. The problem is the car he wants is a year newer and lower miles. The 2008 he's looking at has only 15K mikes on it and has had 2 owners. It has some road rash on one wheel but otherwise is supposed to look like no paintwork/accidents/wear. The seller's asking $26,500 for it.

 

I explained that mine has more miles at 23K, was a one owner car and also had no accidents/paint work. It did have some minor cosmetic blemishes to correct since it had been a daily driver for the last year the original owner had it. Still its a nice clean car overall that I paid $22,500 for.

 

Anyway, what should my neighbor offer on the blue 2008 SGT in todays market? I was thinking around $25K or so but I thought I'd ask those with the expertise

here for advice. Thanks in advance.

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Mid to low 20's is a fair price for both. Lower miles would bring high 20's. An 08 blue vert went for over 30 on EBay recently I believe. And low mileage GT-H s are high 30's. An SGT as a daily driver? I love mine, but I am too old for that! My GT500 was a good "cruiser" though.

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Yeah, the SGT I bought had become a daily driver by default. The previous owner had fallen on hard times and rather than selling his paid for Shelby off he sold his financed F150. The problem was, the Shelby had less than 10,000 miles on it but climbed to over 20K in less than a year so he finally decided to sell it for a cheaper driver.

 

Thanks for the input on pricing. I thought I had a pretty good handle on values but sometimes when people buy things they rationalize to themselves what they think the value of something is rather than what it actually is. My neighbor, for example, seems very emotional about buying one of these cars so outside feedback will really help.

Edited by brandyspaw
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Well, my neighbor didn't get that blue SGT. He said he offered $25K and the seller just blew him off. He then bumped his offer to $25.5K but the

seller said he's firm on $26.5K. My neighbor said he really liked the car and was tempted to pay that but the seller's attitude turned him off.

 

So he's still searching. He told me he's heading up north to look at an 07 GT500 this weekend.

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Well, my neighbor didn't get that blue SGT. He said he offered $25K and the seller just blew him off. He then bumped his offer to $25.5K but the

seller said he's firm on $26.5K. My neighbor said he really liked the car and was tempted to pay that but the seller's attitude turned him off.

 

So he's still searching. He told me he's heading up north to look at an 07 GT500 this weekend.

 

 

If he's willing to travel to New York, there's this one - 28K miles for $20k:

 

http://www.manfredichryslerjeepdodge.com/certified/Ford/2008-Ford-Mustang-544aa5080a0a004901e6258e8032803e.htm

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I called them up - the car sold last night - another example of the dealership not knowing what they had - He was sick when I told him. Someone got a great deal!

If he's willing to travel to New York, there's this one - 28K miles for $20k:

 

http://www.manfredic...58e8032803e.htm

 

And that one is one of 148 Automatic Coupes (130 Vista Blue Auomatic Coupes) - Great rare care at a great price - Clean CarFax. Edited by Wayne1948
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I called them up - the car sold last night - another example of the dealership not knowing what they had - He was sick when I told him. Someone got a great deal!

And that one is one of 148 Automatic Coupes (130 Vista Blue Auomatic Coupes) - Great rare care at a great price - Clean CarFax.

 

 

Wow... OUCH.

 

 

Jer

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My 08 SGT (0618) is for sale. Coupe, A/T, never seen rain or snow, always garaged. No S/C. Original owner, all paperwork including fueling records and invoices. If interested call 586-854-3332 between 10 a.m. and 8 p.m. EDT. $32,500.

Don

Edited by Macomb Mi 08 SGT
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Whats even scarier is how much did this Chrysler dealership give the owner for it as a trade-in if they were willing to sell the SGT for $20k

 

Steve

 

 

I still work for a large dealership group. (Not in sales thankfully but in parts.) They would have been looking at making an average of $3K profit after they put the car into their floorplan and doing any recon it needed . Now they could have been trying to blow it out of their inventory at that price but that dealer likely didn't pay the prior owner anymore than $16-17K for that Shelby.

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Whats even scarier is how much did this Chrysler dealership give the owner for it as a trade-in if they were willing to sell the SGT for $20k

 

Steve

 

 

Yup. Painful all around.

Except for the new owner!

 

 

Jer

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Up popped another on Ebay - 2008 Coupe Automatic - http://cgi.ebay.com/...-Ford-GT-Shelby- Don't know why it isn't coming up - it appears it is still on Ebay - for those interested run up 2008 Shelby and look at cars and trucks.

Edited by Wayne1948
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Up popped another on Ebay - 2008 Coupe Automatic - http://cgi.ebay.com/...-Ford-GT-Shelby- Don't know why it isn't coming up - it appears it is still on Ebay - for those interested run up 2008 Shelby and look at cars and trucks.

 

 

This link should work:

 

http://cgi.ebay.com/ebaymotors/Ford-Mustang-2dr-Cpe-GT-D-NOT-Salvage-Repairable-Rebuildable-Project-08-Ford-GT-Shelby-CLEAN-TITLE-/330813837919?pt=US_Cars_Trucks&hash=item4d060a925f

 

Also updated the registry with the damage.

 

Steve

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I found 07SGT4827 while surfing the net.

 

This Black 2007 Ford Mustang GT has the Shelby GT package, VIN: 1ZVHT82HX75358079, Miles: 34609.

 

Best Price: $18,501 - Stock #: B1117

 

http://riversideford.net/used-ford-mustang-2-door-coupe-2007-warner-robins-macon-ga-b1117

Location

2089 Riverside Drive

Macon, GA 31204

 

Sales: (800) 395-6210

Service: (888) 885-3074

Parts: (877) 505-2741

Body Shop: (877) 872-7680

 

 

I have not not seen the car in person, suggest you do your homework if anyone is interested.

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I have been negotiating with a local dealer on a new 2007 Mustang Shelby GT.I would like some opinions on whether you think I am getting a good deal and whether or not I should make the deal.I am dealing for a 2007 Mustang Shelby GT (new) Black in color. There willing to sell it for $32,000 plus ttt. I have a 2005 Honda Civic Ex (coupe, 5sp) with 53k miles on it. They are willing to show $11,000 for it. sexual treatment

Edited by denisss
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I have been negotiating with a local dealer on a new 2007 Mustang Shelby GT.I would like some opinions on whether you think I am getting a good deal and whether or not I should make the deal.I am dealing for a 2007 Mustang Shelby GT (new) Black in color. There willing to sell it for $32,000 plus ttt. I have a 2005 Honda Civic Ex (coupe, 5sp) with 53k miles on it. They are willing to show $11,000 for it.
Once you drive it off the lot it's $25K-$27K car then you have to decide drive it or not. Most people drive em. I would go for a used low miles one and forget new. I sold a 2008 Shelby GT conv ( no mods ) with 11K miles for $32K last week. I owned it for less than 3 months and made a little on it. A guy @ a cruise night wanted to buy it so as they say " money talks nobody walks ". Edited by mach 1 1970
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  • 2 weeks later...

After babying my SGT for over 5years, stored in doors from November to April every year... My girlfrind dented the fender. Broke my heart aft not having a scratch or a door ding for all this time. So, I recently came to conclusion it's time to give up my Black SGT with an Auto, to buy a new 5.0. As you may well imagine I nearly dropped a log when the trade in value came back. Hell one dealer didn't know what a SGT was and thought I modded the car out my self. LOL!

 

Bottom line if any one is interested in a 2007 Shelby GT with an auto, Shaker 1000, 50K miles, in great shape saved for a dent in the passenger front fender, that I am told can be banged out, the price is $ 15K firm, or I will be soon trading it in the the high way robbers

 

Shelbygt4me@gmail.com

Rich

847-636-0024

 

Pics available. Wauconda IL.

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Bottom line if any one is interested in a 2007 Shelby GT with an auto, Shaker 1000, 50K miles, in great shape saved for a dent in the passenger front fender, that I am told can be banged out, the price is $ 15K firm, or I will be soon trading it in the the high way robbers

 

 

 

Wow, is $15K really all the dealer would allow for trade on a new 5.0 Mustang?

 

Even with 50K miles on it it your SGT should be worth more. Unless my research is really faulty, when I was buying one, it seemed an 07 SGT should be worth around the $18-20K (retail price) for one with 50K miles if its a nice clean car. But then maybe the market is a lot worse than I thought.

 

BTW-If you can have a paintless dent removal repair of the front fender done (some PDR guys are really talented at that) you wouldn't have much in repairing it.

Edited by brandyspaw
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Well I struck a deal today. $15,300 from the dealer for trade in, plus 5K from the ins company equals 20,300 to put down on the 5.0 that I pick up tomorrow....

 

I am excited about my new, but I am sad because I am no longer a Shelby owner.........

 

I gain 100 HP but I lose my identity. )c:

 

 

Bummer.

 

I would've taken what you spent "extra" on the 5.0 and blown the SGT... JMHO

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Well I struck a deal today. $15,300 from the dealer for trade in, plus 5K from the ins company equals 20,300 to put down on the 5.0 that I pick up tomorrow....

 

I am excited about my new, but I am sad because I am no longer a Shelby owner.........

 

I gain 100 HP but I lose my identity. )c:

 

 

So I assume that the fender dent wasn't a PDR type of repair if the insurance estimate came in at $5K?

That makes me feel better as it means I didn't misjudge the values all that much.

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