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FUSHIGI
Join Date: Feb 2006
Location: somewhere between here and there
Posts: 10,734
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GT350 Mustang market prediction?
Noticed the small town dealer has their now 1 year old GT350 back with about 3K miles now showing and priced $6K less than new sticker. It's bright yellow (think Fly Yellow) and is not an 'R'. As it should, looks to be in really good condition.
Any forecast for what the future holds for these cars? I imagine the depreciation will continue but how much and how fast? |
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05-20-2017, 03:54 PM
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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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Ford dealers have been trying to screw purchasers on the GT350 and Focus RS. I bought a standard GT for $16k less after I got sick of the games. I was very close to pulling the trigger on a new FIAT 124 Spider, but the Italian engine scared the crap out of me.
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Some Porsches long ago...then a wankle... 5 liters of VVT fury now -Chris "There is freedom in risk, just as there is oppression in security." |
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05-20-2017, 04:07 PM
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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,510
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Back when the Boss 302 was the "hot ticket" for Mustangs, they too had dealers demanding and getting additional markup.
I'd expect the 350 GT's to depreciate in a similar manner. Keep in mind..the 350GTR may not follow this pattern..for it, look at Boss 302 Laguna Seca models for a clue.
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent." -Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.) |
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05-20-2017, 04:14 PM
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Banned
Join Date: Apr 2005
Location: Columbus, OH
Posts: 18,162
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There will be stiff depreciation, but I'm guessing they'll level out in $30k range.
Note that there is a class action lawsuit against Ford due to the lack of transmission and rear differential cooling units. Guys who are tracking the cars say the car goes into limp mode because of overheating in the drive train. |
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05-20-2017, 05:59 PM
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Did you get the memo?
Join Date: Mar 2003
Location: Wichita, KS
Posts: 32,309
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Quote:
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‘07 Mazda RX8-8 Past: 911T, 911SC, Carrera, 951s, 955, 996s, 987s, 986s, 997s, BMW 5x, C36, C63, XJR, S8, Maserati Coupe, GT500, etc |
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05-20-2017, 06:18 PM
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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,510
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Yep..gobs of fun. If you pay only $30K, it's value can plummet to zero and you still have lost money than the guy buying a new Carrera does the moment he leaves the dealer's lot.
If the dealer is still asking around $50K for that 350GT, I'd say pass...
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent." -Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.) |
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05-20-2017, 11:06 PM
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