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Ford Shelby GT500



  • akirbyakirby Posts: 7,666
    Probably Shelby GTs, not GT500s.
  • Thanks shelbydude for the tips. I contacted the dealer today and they provided me with the vehicle order confirmation which included my name and the description of the vehicle. It listed it as a T88 with an order code of 820A. All of the options I ordered were on it. For those interested the DVD Navigation System has an order code of 58X. The cover has a code of 971. The total MSRP was $45940. Now it is just a waiting game.....
    If Ford makes more Shelby's than the 18,000 they have indicated, I will be very disapointed. Most people spending the extra money are banking on that number. If the car had an MSRP of $50,930 I would not have even hestitated. I think you will see the 2008's jump to that price.
  • There is a dealer in WA that had over 40.

    It is possible because dealers are buying them from other dealers. Everyday there are dealers looking for more.

    Dealers are finding dealers that will sell them anywhere from $10k to $15k to $20k over MSRP. Then the dealer buys it and sells it for as much over that that they can get.

    So even dealers are paying well over MSRP buying them from other dealers.

    I can find them for $15k over if I have a customer wanting one. Some dealers buy as many as they can because they feel they can sell them and still make $5k over what they had to pay.

    One dealer sellds them at $25k over firm! They sold over 40 so far. They buy them from $10k - $20k over from other dealers.

    It depends on the market area you are in. Some areas have higher demand than other areas. If I had people lining up willing to pay $20k over I would buy as many as I could at $15k over and get them one. Not a problem.
  • mschmalmschmal Posts: 1,757
    Do some research, look for a small dealer in an out of the way place that has one on hand. He might NOT have a big enough market for the car to command a big premium.

    Be Nice.

  • Nope! They are Shelby GT500s. He had 11 listed when I first checked. YOu can check for yourself on E-bay. He is just another dealer who is ripping off the customers. I suspect he got someone else to purchase them and he took them over. Some have like 8-10 miles and are actually not new.(He's not the original owner) The minimum bids are running around 59-60K.
  • Well there goes your free enterprise and supply/demand theory. Some dealers are cornering the market by grabbing them up from other dealers. You must admit that helps to make the price stay high. That is not supply/demand economics. It's called cornering the market and using your position as a dealer to do it. Unethical in my opinion. But as Ken Lay proved, todays ethics are not what I grew up with.
  • akirbyakirby Posts: 7,666
    You don't seem to understand supply and demand or free enterprise. This is still all driven by customer demand and willingness to pay exorbitant amounts over MSRP. When the Ford GT first came out people were paying $225K for a vehicle with a $160K MSRP. By the time the last ones rolled off the line they were selling for MSRP after sitting on the floor for a few weeks. Why? Because all the people who paid the high premiums were gone and none of the remaining buyers were willing to pay through the nose. So the price came down.

    If consumers weren't paying $25K over MSRP then the dealers wouldn't be buying them for $15K over MSRP to resell them.
  • Let's see, you list a car on ebay, someone likes it, seems happy with the price, so they bid and buy the car at whatever the price is, and the dealer is ripping the people off! Now do you see how idiotic that sounds??? The dealers are not ripping anyone off. If someone agrees to buy something, REGARDLESS of the price, that is their FREE CHOICE! No dealer is holding a gun to anyone's head forcing them to buy! The CUSTOMER is FREELY CHOOSING TO BUY AT THEIR OWN FREE WILL! That is not ripping them off!

    If you don't like the price you don't buy it! Plain and simple! The same as you refuse to pay the premium and CHOOSE to not buy it! If the dealers where ripping you off then you would be buying one even though you don't want to!

    As far as the cars having 8-10 miles on them...DUH! Over 95% of all new vehicles have 8 - 10 miles on them at the time they are delivered to the dealer!

    Mine came right off the truck with 8 miles on it! No one else drove it. I was there when it came it! Some vehicles will have only 4-6 miles, but over 95% will have 8-10 miles when they are dropped off from the manufacturer!

    Now there are SOME of these Shelby's that dealers did buy from people and those would be used because they have been titled. Transferring from dealer to another does not constitute a used vehicle. Only after it has been titled it becomes used.

    The funny thing is, those people that did sell theirs to a dealer were those GREAT LOYAL CUSTOMERS of the other dealer that the dealer did sell their Shelby to that GOOD customer for only MSRP and that so called GOOD CUSTOMER that just HAD to have one turned right around and sold it to another dealer to make a fast $10k - $20k!!! Some GOOD CUSTOMER, huh??? So the few dealers that did sell their Shelby's for only MSRP ended up getting burned by their own VERY GOOD CUSTOMERS! They ripped off the dealer! WOW!

    And I would be willing to bet that YOU, moronix would be the type of customer to do the same thing! Lets face it, if you don't think the car is worth the extra premium then you probably wouldn't keep it if you could turn around and pocket the extra $10k - $20k profit from it! If that wasn't so then you wouldn't have any problem with paying a premium if you REALLY wanted one!

    As far as corning the market, give me a break! A handful of dealers snatching up a few extra Shelby's by paying a premium for them is hardly going to even put a dent into what the market will demand for these! The ONLY way that could ever happen is you had several dealers buy up ALL the Shelby's where they were the ONLY dealers where you could get one from! That will never happen. If it were only that easy! I'd buy all 9,000 and offer $25k over to insure I got them all and make you pay $100k to get one! And I'd sell a lot of them for that if I were the only source to get one from. But I would end up with a lot in storage as well and risk losing a lot of money waiting for 40 years to pass by before they were really worth a lot! I only WISH your idiotic theory were true!

    You ujust keep missing the point. If EVERYONE REFUSED TO PAY A PREMIUM THEN THERE WOULD BE NO PREMIUM! That being the case then there is no way for the dealer to be able to rip anyone off! It is the CONSUMERS that forcing the prices to go up! No one else! It's the CONSUMERS! Without any willing consumers buying them, the prices go down! But the CONSUMERS WANT THEM BAD ENOUGH TO PAY ANY PRICE TO GET ONE! Hello!!!
  • Successfully signed up and placed a down payment on a 2008 GT500 yesterday on my birthday. I happen to be number one in line with this particular dealer. Question now is color and options. I'm inclined toward red because I have never owned a red car, but it no doubt will be a police magnet. If the Shaker 1000 adds weight and takes up trunk space, I will pass. Wife wants the navigation system, so I may opt for that. I sure hope the 2008 provides some wheel options and perhaps a different exhaust system with a little more growl to it.
    As an undergrad, I owned a 1968 GT 500, gold with AT. I was the second owner, who let his fiance (current wife) drive it only once. Twelve mpg wasn't too bad considering the price of gasoline back in 1974. The original owner told me the only car that could beat it was a 427 vette. I never found out, but would enjoy smoking a goat or two on First Street in San Jose. Engagement and moving into government subsidized housing motivated me to sell it at the time. Now, 30+ years later it looks like I may recapture some of those wild oats. :D
  • bri66bri66 Posts: 220
    Good for you, happy birthday. Which dealership did you end up ordering it from? Doesn't matter what you paid, you wanted one, your going to order it with whatever you so wish it to have, and it's never going to lose depreciation as other vehicles do. Now the long await begins, hopefully it will be built in the early first quarter of the 08 models. Congratulations again.
  • My dealer told me you could not order 2008's as of 2 days ago? Are you sure about the year? I Called Ford SVT and they say they are not taking orders for 2008 as of now? Make sure you have it in writing. My dealer has been straight up with me from what I have found, but if I could have ordered a 2008 2 days ago and could have gotten a 2008 at the same time period (4 Months) I will be mighty pissed off. Did you get a copy of the order, and does it say a 2007 or a 2008 at the top of the page? Shelbydude please confirm that 2008's are not available to be ordered yet?
  • rorrrorr Posts: 3,630
    "Well there goes your free enterprise and supply/demand theory. Some dealers are cornering the market by grabbing them up from other dealers. You must admit that helps to make the price stay high."

    Huh? Who said DEALERS were the only ones who could do that? What's to keep some rich guy with millions in cash on hand from buying up 40 or 50 Shelby's himself to 'corner the market' (btw - just how does one 'corner the market' by buying 20-40 Shelby's when Ford will build roughly 8000 for this model year?).

    It's called 'speculation'. These guys (whether private individuals or dealers) are SPECULATING that the market for this car will STAY red-hot and thus justify the higher price. It's all the market. These dealers have also taken a large RISK because I'm sure they didn't buy them for MSRP from the original dealers so they've got their [non-permissible content removed] waving in the breeze if they find that they're still sitting on unsold inventory 3-4-5 months from now.

    The market system works. If you don't like the price, don't buy the car. Would you somehow feel better if Ford had set the MSRP at $100k and then was offering $20k rebates? Would buyers then be getting a 'steal' if they bought Shelby's for $75k?
  • nipntuck,

    You can't "place" a order with Ford right now for a 2008 but you can put a deposit on one with a dealer where you will be able to get one ordered as soon as Ford opens the order banks for them.

    What he did was he locked himself in on a pre-order for a 2008. Production on the 2008 should beging in June 2007.

    We can sell our 2008 allocation ahead of time to anyone wanting to commit to buying one. Collect a deposit and as soon as the order can be placed the dealer contacts the customer to select whatever color and available options they want. Then it is just a waiting game until Ford pulls the order and schedules it. So the vehicle could be built the first month of 2008 production or be months later.

    So your 2007 could be built in May which should be the last month of production where someone else ends up with a 2008 built in June.

    In your case you know your wait is only going to up to four months because the last month for 2007 production should be May.

    Someone getting in line putting down a deposit on a 2008 "possibly" could see it in as little as 4-5 months IF their order is pulled in June during the first month of production. Or it could be May of 2008. It just depends on when Ford schedules the vehicle from any particular dealer.
  • Many thanks again to shelbydude for his astute contribution. The deposit is indeed for a 2008, which is my preference. I have a gut feeling that, if a 2009 is made, it may have a different appearance which I may not like. I'm hoping they don't switch over to sequential tail lights. That proved to be a bit of a nightmare in my 1968 model, and I finally gave up on it and fixed it for standard blinking.
  • Is this the best place (Cervini's to buy the rear side window scoops for this car? I see the scoops on their website for $189. Also, I bought my daughter a Mustang GT last year and I found it is a little tight seeing I am 6'3". Is there any way to move the drivers seat back and if so what kind of specialist would do that (Body Shop ,Ford dealer, etc.)? I plan on driving this car 2-3K miles this summer and I don't want to be cramped. I got a quote from State Farm for $670 for 6 months. How does this compare to anyone else out there owning a Shelby? I do need to talk to them about replacement costs over MSRP. Maybe Haverty's has a better plan? Thanks in advance for any advice.
    Mark from Cape Coral Florida
  • Couldn't say if they are the best place or not. I haven't found to many places to choose from. But Cervinis seems to have a nice looking style to their window scoops over the others. I will probably go with those if I do it.

    As for relocating the seat I don't think a Ford Dealer would do it because of any liability issues that may result from it in the event of an accident. You might find a body shop to do it, then again, how much could they move it without removing the back seat? There is barely any room left now if the seat is all the way back.

    Did you try tilting the seat back to get a little more room?

    My insurance is a $100 month on mine through Farmers.
  • I just noticed there is a Shelby GT500 Convertible being sold with NO RESERVE! Right now there is only one bid and it is only at $40k.

    NO DEALER! This is a private party! So it is USED with 900 miles on it, but so what! MSRP on that car was probably about $49k.

    So if this sells for a lot more than that, then who are you going to blame this on??? It is a NO RESERVE AUCTION! So here is your chance to buy one! This is also your chance to see what the MARKET VALUE will really be for this car!

    I'd say anything less than $60k would be a steal even though it is USED! The convertibles bring a good premium, but I expect you will jump on this and enter a bid of at LEAST $49k since you said you would buy one for MSRP!

    So here is your chance, moronix!!!! Time to step up or shut up! Go for it, man!!!
  • Forgot to say it is listed on ebay. Grabber Orange Convertible!

    NOTE: I have nothing to do with this vehicle and I do not know the seller. I just seen it listed and wanted to let moronix know about it so just MAYBE he could get lucky enough to buy one for the MSRP price! Also, to let him see for himself that the price on these has nothing to do with the dealers and that is solely the CONSUMERS that are determining the true market value on these based on what the CONSUMERS are willing to pay!
  • bri66bri66 Posts: 220
    For what I have seen anywhere the Cervini's are probably the closest looking window scoops to the original style on the 67 GT500's. Some people prefer the louver style over the vent style scoops. If I go with any for me the Cervini's would be my choice.
    I'm not too sure who you would talk to about moving the seat back. I guess you could start with a local body shop in your area and see what they say. Might be a safety factor preventing a business from doing it, but it won't hurt to make a couple phone calls.
    I have Hagerty antique insurance on my 66 coupe for a stated amount of $30K and pay around $225 a year for it. I can't get special interest insurance in the state of Massachusettes for my Shelby. The state does not allow those type of policy's unless it's an antique. For full coverage a year on the Shelby through Hanover Insurance I'm paying around $1K. I dropped collision while it's stored away for the winter in my garage, so I saved a little on it.

    Thought I might try and go to this event this summer. Anyone here ever been to one?

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