Help Please! ( reposted from above)
05-11-2012, 08:24 AM
#21
The Paranoid One
Join Date: Apr 2006
Location: Texas
Posts: 5,320
Assuming you have the cash, I'd take the $11k price delta and use it as a down payment on the '13 GT, and ensure you're not upside down on it when you drive it off the lot. Wait a year or so, sell or trade in the GT, and pick up a '13 GT500, which stock for stock is a massive upgrade to the '12.
I'm not sure resale value is a strong argument here. Head to cars.com or autotrader.com and look up '08 or '09 GT500s… it's not a Ferrari, its price is going to drop, and both cars are going to depreciate at similar rates as you're daily driving… tucked away in a garage and driven a few hundred miles a year, maybe you've got something in 2042, but for the foreseeable future, seems to me like the '12 is going to be remembered as the car that came out the year before they made a truly epic upgrade to it.
Just my two cents.
I'm not sure resale value is a strong argument here. Head to cars.com or autotrader.com and look up '08 or '09 GT500s… it's not a Ferrari, its price is going to drop, and both cars are going to depreciate at similar rates as you're daily driving… tucked away in a garage and driven a few hundred miles a year, maybe you've got something in 2042, but for the foreseeable future, seems to me like the '12 is going to be remembered as the car that came out the year before they made a truly epic upgrade to it.
Just my two cents.
The same will happen with the GT500's if not more so.
ESPECIALLY if you play it smart and sell it to a buyer and not trade it in.
Also.. our 06GT was traded in at a value of about 14k in 2011. Which is a loss of almost half of what it was new.
The 08 GT500 we got still had it's price STRONG comparatively when we got it. MUCH stronger than the GT.
At first the resale values will be high on cars if they are in demand. Then they will drop.
Then the good ones go back up again after some years. And I'm not talking 20 years or anything either.
My family has DEEP roots in the Ford industry and the Shelby/Cobra line has always ended up with a MUCH bigger resale value.
Don't forget the Shelby is also going to be discontinued once again within the next few years which will also give the resale value a boost.
Last edited by Blacksmoke; 05-11-2012 at 08:30 AM.
05-11-2012, 09:08 AM
#22
1st Gear Member
Join Date: Apr 2012
Location: MD
Posts: 55
Resale value IS a strong argument. Take the 03-04 Cobras and compare them to the 03-04GTs.
The same will happen with the GT500's if not more so.
ESPECIALLY if you play it smart and sell it to a buyer and not trade it in.
Also.. our 06GT was traded in at a value of about 14k in 2011. Which is a loss of almost half of what it was new.
The 08 GT500 we got still had it's price STRONG comparatively when we got it. MUCH stronger than the GT.
At first the resale values will be high on cars if they are in demand. Then they will drop.
Then the good ones go back up again after some years. And I'm not talking 20 years or anything either.
My family has DEEP roots in the Ford industry and the Shelby/Cobra line has always ended up with a MUCH bigger resale value.
Don't forget the Shelby is also going to be discontinued once again within the next few years which will also give the resale value a boost.
The same will happen with the GT500's if not more so.
ESPECIALLY if you play it smart and sell it to a buyer and not trade it in.
Also.. our 06GT was traded in at a value of about 14k in 2011. Which is a loss of almost half of what it was new.
The 08 GT500 we got still had it's price STRONG comparatively when we got it. MUCH stronger than the GT.
At first the resale values will be high on cars if they are in demand. Then they will drop.
Then the good ones go back up again after some years. And I'm not talking 20 years or anything either.
My family has DEEP roots in the Ford industry and the Shelby/Cobra line has always ended up with a MUCH bigger resale value.
Don't forget the Shelby is also going to be discontinued once again within the next few years which will also give the resale value a boost.
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