cam2904

Shelby CS6/CS8

oldschoolera

For the members on here - 20's age group...hold on to your purchase til you're in my age group...50's or longer...you might make your money back. In the meantime, enjoy your car!

oldschoolera

I saw several Roush Mustangs at Richmond Ford, Richmond, Virginia. Barkhouser Ford in Danville, Virginiaalso sells the Roush line. I saw another Ford dealership in Richmond that carries the Saleen Mustangs but I rarely see Saleens around the streets ofRichmond. The Roush Mustangs are fairly common place around Virginia.

BruceH

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EricM

If you really think that, maybe you should look at what some 20 year old cars are bringing right now. A first year ZR1 (produced in much lower numbers than your Mustang) had an MSRP of around $60k, and dealers charged huge premiums. I can pick one up now with less than 10k miles for $20k-$30k. So, even if I just buried the money in a hole in my backyard in 1990 and allowed inflation to abuse me, I'd still be able to buy two or three of them today. If I invested at your rate of return, I'd be able to buy five or six of them today.

And I think your speculation about what effect oil prices and material shortages might do to future values is all backwards. Think about it, future performance cars are going to be built in smaller numbers at higher premiums than the mass produced 2005-2009 Mustangs, which will make them more valuable in comparison. Ford built a jillion of our Mustangs, which isn't what collectors value. The future cars will most likely be better performers too, because you're talking about a different buyer demographic - people who are willing to buy a more expensive car with a V8 in spite of gas prices, not people looking for a relatively cheap muscle car/daily driver. All the compromises Ford made on a Mustang GT to attract a mass market (must use standard octane gas, no guzzler tax, base price under $25k, decent NVH) will probably be tossed right out.

teksp0rt

I agree with others regarding the Shelby KR. Good Call on the Hertz Gt-H also.

I believe that a car might not be the best investment, but if it is something that you enjoy looking at everyday (or driving once every month), go for it. Most people however do not know how to take care of a car for the long haul.

I also think limited production cars can go up in value but, it is all about picking the right one. There is definitely some strategy (or luck) to it. For example, I have seen instances where the Ford GT40's that were released only a couple years ago are now selling 20K over the original sticker price. My dream car is the 2006FordFord GTHeritage. Anyway, a 15% return over 2 years does not sound too bad when you look at what has happened in real estate and equity markets!




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Mishri

+1

And you guys are talking about 1 or 2 cars that actually had a significant increase in value. if you had spent $3,000 on a '69 camaro SS with a 350 brand new (like my dad did) and then taken into account the upkeep and storage costs then sold it at todays market you might be able to get 100,000-120,000 for it being all original but 40 years of upkeep and storage adds up.. a 3,000 investment like he mentioned above would be 21,000 today so if you don't know how to invest your money properly the right car could do it.. but who knows? a 1970 camaro the same deal would only be worth maybe 40-50,000.. so you never know which would be better (and you should easily be able to find better investments than the 18k return over 40 years)

Basically.. with car investments you have to be Lucky or good enough to realize at the time that a certain model is going to be worth more.. It's entirely possible that a certain model mustang from this year will be worth 100,000k in 30 years, w/o adjusting for inflation but you have to be lucky enough to spot that one.. and it seems like the only vehicles that have done that have been 1 year release or 1 year body style type cars. maybe 2 years at most. if they only make the '08 bullit and never release more bullits and you keep it all original and garaged it could be worth a million in 25 years after adjusting for inflation.. but who knows?

BruceH

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