buster Posted August 22, 2015 Report Share Posted August 22, 2015 Just wondering what opinions are here regarding the new GT350s that have begun rolling off the assembly line at Flat Rock. The GT350/R is a thing of beauty but will lack the big time punch or balls of the late model GT500s. The automotive press is really slobering over this one as some kind of a budget road course animal. My '08 GT500 with its cast iron boat anchor mill and front end bias "handled" well enough for me and anyone else I know. Just wondering what you guys think will happen to GT500 values short term with this new kid on the block. Personally I'd prefer the mega powered GT500 but what do I know. Quote Link to comment Share on other sites More sharing options...
cmcmotorworks Posted August 22, 2015 Report Share Posted August 22, 2015 (edited) I think the GT500 values will hold fine. They are two completely different types of cars ! Edited August 22, 2015 by cmcmotorworks Quote Link to comment Share on other sites More sharing options...
buster Posted August 22, 2015 Author Report Share Posted August 22, 2015 I think the GT500 values will old fine. They are two completely different types of cars ! I'm thinking so too. Quote Link to comment Share on other sites More sharing options...
Torched10 Posted August 22, 2015 Report Share Posted August 22, 2015 As a car collector guy I can tell you it takes a generation for cars to start being collectible. They just have made too many of gt500 to approach being collectible imo. I sold.my 10 last year for 20k less than I paid for it. But sold a 65 gto rarebmodel for ,50 more than I paid for it 25 years ago Quote Link to comment Share on other sites More sharing options...
cmcmotorworks Posted August 22, 2015 Report Share Posted August 22, 2015 As a car collector guy I can tell you it takes a generation for cars to start being collectible. They just have made too many of gt500 to approach being collectible imo. I sold.my 10 last year for 20k less than I paid for it. But sold a 65 gto rarebmodel for ,50 more than I paid for it 25 years ago Sixteen years of age is the average bottoming out point for most cars, before value trends back upward. Several factors-condition, mileage, collectibility etc. effect the lowest point they reach during that sixteen year time period. Quote Link to comment Share on other sites More sharing options...
twobjshelbys Posted August 22, 2015 Report Share Posted August 22, 2015 As a car collector guy I can tell you it takes a generation for cars to start being collectible. They just have made too many of gt500 to approach being collectible imo. I sold.my 10 last year for 20k less than I paid for it. But sold a 65 gto rarebmodel for ,50 more than I paid for it 25 years ago Somehow I just think it'll take a little while longer than a generation for a Yugo go be considered collectible. Quote Link to comment Share on other sites More sharing options...
buster Posted August 22, 2015 Author Report Share Posted August 22, 2015 Somehow I just think it'll take a little while longer than a generation for a Yugo go be considered collectible. LOL! Good one. Most banks back in that era would not even finance those things. I can remember them going through the auctions with no bid. Total failure of an automobile. It will be interesting to see what the low end scrap cars from China will be. Quote Link to comment Share on other sites More sharing options...
Don Johnston Posted August 22, 2015 Report Share Posted August 22, 2015 Many in the collector car market no longer use age as the or rarity alone as value factors. Cars usually depreciate as soon as they leave the dealer lot. A collectable is one that by many standards is worth more years after purchase (years vary) than when new. The 2011-12 Shelby GT350 hovers around that higher value. The GT500 is a bit less due to volume of 47,000+ units over the 2007-2015 period. The new GT350 is a different animal in terms of drivet5rain, engine and brake system engineering. Seeing the Ford display with the three R models, tech kiosks and detail information has convinced me of the differences. It really does have the wow factor from Ford. That said, I plan to keep my 2011 street burner from SA and pass on the new GT350 from Ford for now. The only high value ones will be the limited 2015 ones as Ford plans to build an awful lot for 2016 and beyond for now. Quote Link to comment Share on other sites More sharing options...
Torched10 Posted August 22, 2015 Report Share Posted August 22, 2015 I always tell people if your investing in a car for profit. Forget it .put that money in a equity fund and you'll be better off in the long-term.just enjoy and drive the car. Quote Link to comment Share on other sites More sharing options...
Torched10 Posted August 22, 2015 Report Share Posted August 22, 2015 Ps. If had had put the 3500 the gto cost new in 1965 into a 7% return it'd be worth over 100k!! In 2015 Quote Link to comment Share on other sites More sharing options...
twobjshelbys Posted August 22, 2015 Report Share Posted August 22, 2015 Ps. If had had put the 3500 the gto cost new in 1965 into a 7% return it'd be worth over 100k!! In 2015 And would be worth about 10% less today than a week ago. Quote Link to comment Share on other sites More sharing options...
cmcmotorworks Posted August 23, 2015 Report Share Posted August 23, 2015 Ps. If had had put the 3500 the gto cost new in 1965 into a 7% return it'd be worth over 100k!! In 2015 But what fun would that be ! Quote Link to comment Share on other sites More sharing options...
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