Value of 2014 GT500 in the upcoming months

[slamarre]

Good evening,

I am in the process of selling my 2007 Shelby GT I am planning my next purchase.

I would really like to buy a low mileage (less than 10,000) 2014 GT500 Convertible but I do not want to pull the trigger knowing that the value of those cars may go down with the arrival of the new 2020 GT500.

I know it is a difficult question to answer but I would like to have your opinion.

In addition, what is the best way to be aware of 2014 GT500 Convertible that could be on sale in the southeast? I am looking at CarFax.com, AutoTrader.com, etc but I am sure there are other way to look for this right?

Thank you.

[Norton]

Depreciation is a sad fact of life, when it comes to cars so, the longer you wait, the lower prices will go for at least the next decade. (At the same time, finding low mile, unmolested specimens will become harder and harder.) Being a 2013 owner, I'm biased, but I think the '13 and '14 MYs will hold value better than others for several reasons. First, they're the last S197 chassis GT500s, and the S550s just don't do it for some of us. Second, they will no longer be the most powerful Mustangs ever created, but their title as the fastest is in no danger. Third, the new one offers no option for those of us who demand a manual transmission.  Finally, '13 was the last year Carroll Shelby had anything to do with providing vision for the car. 

I've had good luck locating vehicles with AutoTrader and Cars.com. 

Make sure you know what to look for, and more importantly, what to avoid in these cars.  Good luck!

[1 Alibi 2]

Agree with what Norton stated above, but will add:

The 2020 @ this point only comes with the DCT, a turnoff for some potential buyers, this I feel will help the 13/14 MY's hold their value.

If I were looking for a car, I would stick to websites like TS, SVTP, & Fordgt500.com, cars posted on these sites will be closer to what you're looking for..

[William Rodgers]

Cargurus..com is good, but I agree with above, personally if I were looking for a car like that I would find a 1 owner garage queen by an enthusiast.  As far as going down in value I do not think the 2020 Mustang will drive the value down because I think the 2020 will be priced so high it will make the 13/14 seem like an incredible value at the current run rate.  I do think value will continue to go down, but not because of the 2020 coming out.  It is all about supply and demand, if enough people sell to upgrade then you could be dead on, but I do not see it happening.

 

I love the 13/14, but if I were in the market for a Muscle Car I would absolutely get a newer one with the IRS and significantly updated interior/tech.  Just my 2 cents.

 

[Don Johnston]

The true value of the purchase is the enjoyment of the ride and knowing you have a 600+ road monster to cruise in. The difference in power and suspension from '07 to '14 is deffnitely noticable. 

When there are tens of thousands of a particular car built like the GT500, future dollar value is not going to be at a collector value.  A 2013-14 GT500 is an amazing ride,  Enjoy it for what it is, not what it could be as a financial investment.  There are many examples of other past Shelby Mustangs, Corvettes, etc. that were amazing when they came out, commanded rediculous ADM and then disappointed the early buyers when it came to later sales.  Shelbys passing has no affect.  Enzo hasn't been around for years but cars with his name still command big numbers and interest.

Get want you want it, get it..  If you want to keep the car locked in the garage for future value , a better investment is a poster of it on the wall to stare at.  Shelbys are made to be driven!😎

[Mongoose]

3 hours ago, 66GT350PS said:

The true value of the purchase is the enjoyment of the ride and knowing you have a 600+ road monster to cruise in. The difference in power and suspension from '07 to '14 is deffnitely noticable. 

When there are tens of thousands of a particular car built like the GT500, future dollar value is not going to be at a collector value.  A 2013-14 GT500 is an amazing ride,  Enjoy it for what it is, not what it could be as a financial investment.  There are many examples of other past Shelby Mustangs, Corvettes, etc. that were amazing when they came out, commanded rediculous ADM and then disappointed the early buyers when it came to later sales.  Shelbys passing has no affect.  Enzo hasn't been around for years but cars with his name still command big numbers and interest.

Get want you want it, get it..  If you want to keep the car locked in the garage for future value , a better investment is a poster of it on the wall to stare at.  Shelbys are made to be driven!😎

Excellent reply!!    Your first sentence says it all in the (true value of the purchase is the enjoyment of the ride)!!!              Later!       “MONGOOSE”      J.M.O.

[stevenmk]

Guys, I haven't been around much lately, but I do stop in occasionally to read some posts. I had a '14 Sterling Gray GT500 for sale on this site a couple of years ago. I am now considering buying another one. The question posed here of value in my humble opinion is that prices should go down some. Not due to the 2020 GT500, but because the 5 yr/50,000 mile warranty on these cars is dropping off. I am looking at asking prices in the 45-50+ grand range on a car that has NO warranty at all, and that has kept me on the sidelines. I'm just not sure I want to roll the dice at the prices I am seeing. JMO...

[Norton]

9 hours ago, stevenmk said:

Guys, I haven't been around much lately, but I do stop in occasionally to read some posts. I had a '14 Sterling Gray GT500 for sale on this site a couple of years ago. I am now considering buying another one. The question posed here of value in my humble opinion is that prices should go down some. Not due to the 2020 GT500, but because the 5 yr/50,000 mile warranty on these cars is dropping off. I am looking at asking prices in the 45-50+ grand range on a car that has NO warranty at all, and that has kept me on the sidelines. I'm just not sure I want to roll the dice at the prices I am seeing. JMO...

I agree with all those who predicted little impact from the 2020. Entry price is too high and, for many of us, the new one is not a suitable substitute for the S197 chassis.

The '13/'14 MYs came with 3-year/36,000-mile  bumper-to-bumper and 5-year/60,000-mile Powertrain Warranty coverages. While warranty may play into some price variances, I doubt it's a major factor. There was no precipitous drop in prices (last year for '13s or this year for '14s) but, rather a continued slow decline. There are plenty of unmolested garage queens for which I wouldn't think twice about warranty coverage. (At the "45-50+ grand range," I assume the ones you're considering fall into the unmolested garage queen category.)

[tomshep]

To the OP, the fact you are getting a convertible also helps insulate from the 2020+ unless Ford decides to offer a convertible Shelby.  Right now, vert lovers are stuck with 07-14 only.

Tom

[Gabed1972]

I have a 14 Shelby GT500 convertible and Very happy I made that purchase. This is my first posted many years.

I agree with everything said in this form. 

I have been waiting eagerly for the new GT 500 and I think Ford took too long and priced it too high.With A few options 2020 GT500 is about 100 grand with out AMD’s and with the extra weight doesn’t look like it’s going to be 0 to 60 faster than the 13-14 version.

I particularly love the 13-14 GT 500for the following reasons.

1.Last year Carroll Shelby was involved with the car

2. 5.8 engine, only 2yr run, can be modded for more hp than 2020, likely largest modern engine mustang.

3.Manual transmission

4.Available in convertible ( I think they about 883 verts in 14)

5. I’ve personally like the muscle car look and interior of this model versus the new car.

For all the factors I listed above and it’s about half the price of the 2020 Shelby GT500 At think the 13-14 GT500 should hold their value pretty well for a long time to come. Whether they become collector cars in the future is yet to be seen. I think the convertibles have the best shot Since they made less than 900 cars each of the two model years.

On a different note I have owned several Mustangs, 65 GT Convertible, 67 fastback, 67 Shelby GT 500, 83 GT, 89 GT, 95 GT, 2005 GT, 2007 GT 500, & 14 GT500 Convertible And I was really hoping to buy a 2020 GT500. After seeing the new C8 Corvette and the pricing on the 2020 GT500 I decided to put a deposit on the new C8. It just has too much tech and great looking car and although it’s only 500 horse power should be quicker & better handling than the GT500. I don’t want to piss anybody off because I am a diehard Ford guy but you have to give it to Chevy on that new Corvette. Maybe I’ll get the 2020 GT 500 in a few years after they cool down in price. 

I’m not going to get suckered in a second time.Lol.

 When the first GT500’s came out it was only going to be for two years, then when the KR came out it was only going to be for one year, and we all know what happened after that, seven years of the next year being the fastest ever, the best ever,  Most horsepower ever in a Mustang, etc. etc. Each time making the one before it pretty much obsolete. Anyway I know that’s marketing and Ford doing what they should to make money And this is just starting round two with the new 2020 GT500 so I’m going to sit back and wait and see how it all plays out. Lol

Again this is my opinion and wouldn’t disparage anybody who just wants to go out and buy it now. Same thing will happen with the new C8 Corvette, next year they’ll have the next performance version and as we know each year it will get better and better. 

I’m just surprised by now that we haven’t reached peak horsepower for these muscle cars. 

I have to stay till the hellcat came out it was pretty nice sayings I had a mustang that the highest horsepower production V8 in the world for a little while. 😍

 

 

[Norton]

On 7/27/2019 at 7:07 AM, Gabed1972 said:

I have a 14 Shelby GT500 convertible and Very happy I made that purchase. This is my first posted many years.

I agree with everything said in this form. 

I have been waiting eagerly for the new GT 500 and I think Ford took too long and priced it too high.With A few options 2020 GT500 is about 100 grand with out AMD’s and with the extra weight doesn’t look like it’s going to be 0 to 60 faster than the 13-14 version.

I particularly love the 13-14 GT 500for the following reasons.

1.Last year Carroll Shelby was involved with the car

2. 5.8 engine, only 2yr run, can be modded for more hp than 2020, likely largest modern engine mustang.

3.Manual transmission

4.Available in convertible ( I think they about 883 verts in 14)

5. I’ve personally like the muscle car look and interior of this model versus the new car.

For all the factors I listed above and it’s about half the price of the 2020 Shelby GT500 At think the 13-14 GT500 should hold their value pretty well for a long time to come. Whether they become collector cars in the future is yet to be seen. I think the convertibles have the best shot Since they made less than 900 cars each of the two model years.

On a different note I have owned several Mustangs, 65 GT Convertible, 67 fastback, 67 Shelby GT 500, 83 GT, 89 GT, 95 GT, 2005 GT, 2007 GT 500, & 14 GT500 Convertible And I was really hoping to buy a 2020 GT500. After seeing the new C8 Corvette and the pricing on the 2020 GT500 I decided to put a deposit on the new C8. It just has too much tech and great looking car and although it’s only 500 horse power should be quicker & better handling than the GT500. I don’t want to piss anybody off because I am a diehard Ford guy but you have to give it to Chevy on that new Corvette. Maybe I’ll get the 2020 GT 500 in a few years after they cool down in price. 

I’m not going to get suckered in a second time.Lol.

 When the first GT500’s came out it was only going to be for two years, then when the KR came out it was only going to be for one year, and we all know what happened after that, seven years of the next year being the fastest ever, the best ever,  Most horsepower ever in a Mustang, etc. etc. Each time making the one before it pretty much obsolete. Anyway I know that’s marketing and Ford doing what they should to make money And this is just starting round two with the new 2020 GT500 so I’m going to sit back and wait and see how it all plays out. Lol

Again this is my opinion and wouldn’t disparage anybody who just wants to go out and buy it now. Same thing will happen with the new C8 Corvette, next year they’ll have the next performance version and as we know each year it will get better and better. 

I’m just surprised by now that we haven’t reached peak horsepower for these muscle cars. 

I have to stay till the hellcat came out it was pretty nice sayings I had a mustang that the highest horsepower production V8 in the world for a little while. 😍

 

I was not eagerly awaiting the new GT500, because I prefer the S197 chassis over the S550. (See #5 on the list of reasons you love '13'-'14 GT500s.)

I agree that Ford took too long and set the price too high. They should have rolled it out in 2017, as a 50th Anniversary Edition. As for pricing, no one will touch a fully-optioned (i.e., "Golden Ticket") specimen for its $107K MSRP. Instead, price gouging dealers will ADM them beyond the cost of a fully-optioned ZR1 and into exotic territory. 

I disgree that the extra weight means slower 0-60MPH. The DCT, 3.73 gears, more rubber on the road, and Ford's propaganda all point to 0-60MPH times at least as fast as the "13-'14 MYs'.

I agree with all five of the reasons you listed for your love '13'-'14 GT500s, with following caveats... First, we don't yet know the 2020 engine's potential for modification, and they're starting 100HP higher than the "13-'14 MYs. I'm not sure how that means the 5.8L "can be modded for more HP"? In addition to 'verts, '13-'14 MY GT500 coupes were also available with Glass Roofs which were the most rare option. There were 808 'verts & 643 Glass Roofs in the '13 MY; and 914 verts & 636 Glass Roofs in the '14 MY. 

The C8 looks like a great car, but I'm not really interested in it either - see #3 and #5 on the list of reasons you love '13'-'14 GT500s.

[Gabed1972]

I could be wrong but the new 2020 GT 500 has a larger  2.65-liter Roots-style supercharger vs 2.30 liter TVS

[MNStang]

On 7/27/2019 at 8:07 AM, Gabed1972 said:

I have a 14 Shelby GT500 convertible and Very happy I made that purchase. This is my first posted many years.

I agree with everything said in this form. 

I have been waiting eagerly for the new GT 500 and I think Ford took too long and priced it too high.With A few options 2020 GT500 is about 100 grand with out AMD’s and with the extra weight doesn’t look like it’s going to be 0 to 60 faster than the 13-14 version.

I particularly love the 13-14 GT 500for the following reasons.

1.Last year Carroll Shelby was involved with the car

2. 5.8 engine, only 2yr run, can be modded for more hp than 2020, likely largest modern engine mustang.

3.Manual transmission

4.Available in convertible ( I think they about 883 verts in 14)

5. I’ve personally like the muscle car look and interior of this model versus the new car.

For all the factors I listed above and it’s about half the price of the 2020 Shelby GT500 At think the 13-14 GT500 should hold their value pretty well for a long time to come. Whether they become collector cars in the future is yet to be seen. I think the convertibles have the best shot Since they made less than 900 cars each of the two model years.

On a different note I have owned several Mustangs, 65 GT Convertible, 67 fastback, 67 Shelby GT 500, 83 GT, 89 GT, 95 GT, 2005 GT, 2007 GT 500, & 14 GT500 Convertible And I was really hoping to buy a 2020 GT500. After seeing the new C8 Corvette and the pricing on the 2020 GT500 I decided to put a deposit on the new C8. It just has too much tech and great looking car and although it’s only 500 horse power should be quicker & better handling than the GT500. I don’t want to piss anybody off because I am a diehard Ford guy but you have to give it to Chevy on that new Corvette. Maybe I’ll get the 2020 GT 500 in a few years after they cool down in price. 

I’m not going to get suckered in a second time.Lol.

 When the first GT500’s came out it was only going to be for two years, then when the KR came out it was only going to be for one year, and we all know what happened after that, seven years of the next year being the fastest ever, the best ever,  Most horsepower ever in a Mustang, etc. etc. Each time making the one before it pretty much obsolete. Anyway I know that’s marketing and Ford doing what they should to make money And this is just starting round two with the new 2020 GT500 so I’m going to sit back and wait and see how it all plays out. Lol

Again this is my opinion and wouldn’t disparage anybody who just wants to go out and buy it now. Same thing will happen with the new C8 Corvette, next year they’ll have the next performance version and as we know each year it will get better and better. 

I’m just surprised by now that we haven’t reached peak horsepower for these muscle cars. 

I have to stay till the hellcat came out it was pretty nice sayings I had a mustang that the highest horsepower production V8 in the world for a little while. 😍

 

 

Gabed1972 post is similar to the way I felt when I was a senior in HS in1978...……….I wanted a 69 or 70 Mach1...………..I didn't want a 71-73 and definitely didn't want a 74-78.  I loved everything about the 69...……….So I bought a 1969 Acupulco blue .Mach 1 390 4 barrel...…………..Wow what a car to have when you're 17 years old.   I would still rather have a 69 over a 73 or a 65.  Now,  I like the 05-14 models more than the 2015+  but the newer models are growing on me.  Time will tell on collectability of these newer cars.  For now...….we should enjoy them!