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What Is A 2006 Shelby Gt-H Worth Coupe


SGTH
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2006 Shelby GT-H Coupe

I have seen pricing all over the place on these cars. My insurance company tells me my car is worth 43,000 to 48,000

My car has 17,151 miles on it.

I need opinions on what other Shelby Owners think the car is worth

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2006 Shelby GT-H Coupe

I have seen pricing all over the place on these cars. My insurance company tells me my car is worth 43,000 to 48,000

My car has 17,151 miles on it.

I need opinions on what other Shelby Owners think the car is worth

 

 

Can you provide any more information on the car (i.e. all factory Shelby parts, upgrades) ?

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Who is your insurance if you do not mind sharing? I think if its a stock (all original) GT-H and not one of the four manual 2006 cars, the price is high with a wide margin based on recent sales but that is good for us GT-H owners. You also do have low miles for the most part. That said, price does not appear to be bad at all if that is what the insurance co. is willing to cover for. Maybe there is an upswing on these cars or at least a level out on the depreciation side. Others will most likely chime in.

Edited by H0050
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Your insurance company may be quoting a higher number than current retail to take into account your REPLACEMENT cost for a vehicle in similar condition. Ask for clarification if yours is a replacement or current value policy.

 

If replacement value then that represents the maximum settlement. If they are unable to find a replacement vehicle at 50K then all you would get is the 48K. On the other hand if they found you an equivalent condition vehicle for 35K that would be all they would give you as they would have considered you were made whole (and essentially overpaid coverage). The latter scenario is unlikely for a GTH these days.

Edited by twobjshelbys
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Since you are asking for opinions...I have one...Based on my experience assuming a original car with your miles that seems high by approximately $5 to $10K. I don't have any data other than what I have noticed or seen on Ebay bids / Dealer asking prices. There have been some recent auctions and EBay listings for cars with more miles than yours (more than 20K and less than 40K) that have bids in the high $30's but haven't gotten to the reserve (your guess is as good as mine if they were legit bids or not). They do seem to be moving up from a year or two ago when I bought mine though which is good (for me at least!)

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Pretty much exactly as Tony says. For insurance replacement value, that is a valid number for all the reasons Tony states. Real world sales value today, more in the $30-32K range with your miles.

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Who is your insurance if you do not mind sharing? I think if its a stock (all original) GT-H and not one of the four manual 2006 cars, the price is high with a wide margin based on recent sales but that is good for us GT-H owners. You also do have low miles for the most part. That said, price does not appear to be bad at all if that is what the insurance co. is willing to cover for. Maybe there is an upswing on these cars or at least a level out on the depreciation side. Others will most likely chime in.

My insurance company is American Modern Insurance Group and i chose to insure it at an agreed value of 40,000 even though they said it was worth 43,000 to 48,000 last fall i seen 2 sell on ebay for 39,900 with comparable miles. What gets me a couple of dealers have them for sale at more money 1 is listed for 49,900 and the other for 59,900

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Pretty much exactly as Tony says. For insurance replacement value, that is a valid number for all the reasons Tony states. Real world sales value today, more in the $30-32K range with your miles.

No way would i ever sell this car for $30- $32K but thanks for your opinion

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IMHO people are giving their cars away too cheap at those current market values (30-35K), so you are smart to not want to sell your car in that range.

ITHERTZ66 I agree with you people are giving away their cars i mean only 500 were built if i get my price i know where one is going cheap i will go buy it if mine sells if not i still have a Hertz Car one way or the other.

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No way would i ever sell this car for $30- $32K but thanks for your opinion

Sorry, but that is just what they are selling for right now. And this is not a bad thing. The GTH is one of the very few modern Shelby's which is not depreciating at all and starting to appreciate a bit right now. That is what I paid for mine as the first owner from Hertz in 2008 (of course have far over double that in it now), and they have not really ever gone down from that point. The 07 verts went to the low 20's for a brief period, but then came back up. I wish I would have bought a vert at that time, but skipped a couple as I just couldn't afford another H at the time. A few have gone up or down a bit in the years in between then and now, but they have really been pretty stable in that area. They have held very strong, which probably means not much of a down size compared to some other modern Shelby's. Probably will continue to hold strong with some possible move upward in the next few years. I also tend to be a bit conservative in hopes for appreciation in the auto market on modern cars. VERY FEW marks will fall in that category.

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My wife told me I could get my BJ SGT back, but the car had been modified more than I wanted to try to undo. If I were looking for a Shelby GT my next choice would be a 07 'vert. I think they are the most stable in value of the whole corral, and most likely to hold their value in the future. It's not like it's going to fund your retirement program (although if you can lay your hands on one of the rare 5-speed cars, that could do so) but the rate of depreciation of the GTHs has leveled off and may be going up. The reason is that the general public can connect with the Hertz connection.

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My insurance company is American Modern Insurance Group and i chose to insure it at an agreed value of 40,000 even though they said it was worth 43,000 to 48,000 last fall i seen 2 sell on ebay for 39,900 with comparable miles. What gets me a couple of dealers have them for sale at more money 1 is listed for 49,900 and the other for 59,900

Interesting.

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IMHO people are giving their cars away too cheap at those current market values (30-35K), so you are smart to not want to sell your car in that range.

Stated this before. People should not give them away. That said, go Black & Gold. Only time will tell.

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There have been two for sale in Seattle area for quite some time, prices continue to drop, but still no sale. One for 33K the other at 34,500. I bought mine one year ago for 34,750, they were asking 39,500.

 

A very good source for pricing is right here on this site:

 

http://www.teamshelby.com/forums/index.php/topic/78992-25-gt-hs-for-sale-on-various-websites-updated-42115/

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  • 2 weeks later...

That's pretty encouraging (the high retail), especially for someone (like me) who has a low mileage (<10K) all original, garage queen. :clapping: I only wish NADA would do private party valuations too - like KBB does.

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  • 3 weeks later...

I have Grundy Insurance on all my collector cars. They didn't bat an eye at $50K on agreed value. They also increase the valuation 5% per year on appreciation. For about $450 per year I don't have to worry about what will happen in the event of a loss.

 

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  • 3 weeks later...

I have my Shelby GT-H for sale and never in my life have i seen so many tire kickers and i have sold a lot of cars over the years. I think 39,900 for the car is a fair price. Was thinking about putting it on E Bay we will see

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My 07 was a very high mileage car when I bought it and I continue to drive it. My opinion on the modern cars is that they will never be worth more than I paid in my lifetime. My intention was to buy one that was not pristine so I could drive it and have no regrets. I am the second private owner and the package from Shelby was already claimed as the dash plaque was installed when I bought it. I was able to get the package directly from Hertz so I have some of the history of the car. Despite the high miles, the car is worth more to me than someone would ever be willing to give me for it. This is why I have no plans of ever selling it and pass it on to my youngest son. These cars are unique and no matter the condition, they always spark a conversation and draw interest for the car lover in all of us.

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I have Grundy Insurance on all my collector cars. They didn't bat an eye at $50K on agreed value. They also increase the valuation 5% per year on appreciation. For about $450 per year I don't have to worry about what will happen in the event of a loss.

 

That's a good price from Grundy for a $50K agreed valuation. I have Grundy too, and mine (for a $40K valuation) is costing me $550/yr for some reason in my state (and I have a spotless driving record for 40 years)! Maybe it's because I have the lower deductibles.

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