high mileage GTs


djs

GT Owner
Mark IV Lifetime
Jun 7, 2007
2,082
Noticed a couple of different GTs on EBAY today with 9M+ miles, and prices in the sub $140M range. It will be interesting to see how these cars sell, especially if they are cars without stories; i.e. just high mileage, no damage, repaints, etc. There are two different Tungsten cars in Chicagoland with 6M+ miles and both cars with BIN pricing @ $170M-ish, but they are glued to their repsective showroom floors at those levels...
 

fjpikul

GT Owner
Mark IV Lifetime
Le Mans 2010 Supporter
Jan 4, 2006
11,786
Belleville, IL
What's an "M?"
 

BlackICE

GT Owner
Nov 2, 2005
1,416
SF Bay Area in California
What's an "M?"

He must have meant K.
 

fjpikul

GT Owner
Mark IV Lifetime
Le Mans 2010 Supporter
Jan 4, 2006
11,786
Belleville, IL
Maybe it stands for meters?
 

B O N Y

MODERATOR & FGT OWNER
Mark IV Lifetime
Sep 5, 2005
12,110
Fresno, Ca.
makers? :)
 

shelbyelite

PERMANENTLY BANNED
May 10, 2007
1
only sub $140k car I see on ebay is the TOTAL REPAINT 10k mile coconut RED GT. Also, one of those tungsten cars in Chicago is the one that had the STAMP OUT SMOKING stickers all over it and was used for promos. Who knows who all has driven it and how?
 

427Aggie

GT Owner
Mark IV Lifetime
Aug 18, 2005
885
Frisco, Tx
You have to look at the car. The 9000 mile on in Texas is from the guy that puts back together totaled GT's so that car at 140 is a salvage title

I think if you find a 9K+ car for less than about $150 your doing good but there aren't many out there.

Shelby did you track the vin on cars to know that tungsten was the smoke out car?
 

S592R

GT Owner
Mark IV Lifetime
Dec 3, 2006
2,800
when you think about it a 9000 mile car that is now 3-4 years old is low miles for most makes and a huge depreciation between 6000 miles to 9000 miles is not very rational.

The question is the inflation over sticker rational for a car with miles over X miles. We as buyers set the price of the market. IMHO the GT is worth more than what we usually pay for them as they are the last of a line and with the new regulations coming into play likely will be just that ... one of the last.

We all want a deal but I do not see Gt's ever sitting on a car lot with a for sale sticker less than 120,000.00 unless there are huge issues with it. I think the cars will likely float in this 150-170 area. They will probably be like the land rover defender 90 ... they just don't depreciate no matter what miles are on them. Are there a few exceptions? Yes, but as a rule ... they just don't.

On the other side I also just don't see the GT hitting a million dollars either. Just too many of them ... and too few people actually drive them so that bloats the market at that level.
 

shelbyelite

PERMANENTLY BANNED
May 10, 2007
1
Shelby did you track the vin on cars to know that tungsten was the smoke out car?

http://cgi.ebay.com/ebaymotors/ws/e...0207202090&category0=&fvi=1&item=160207202090

http://cgi.ebay.com/ebaymotors/Ford...021QQitemZ310029980245QQrdZ1QQsspagenameZWDVW

Something does NOT add up. Paid $158k+ and turns around and sell for a loss????
 
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djs

GT Owner
Mark IV Lifetime
Jun 7, 2007
2,082
M Units: M

The abbreviation is meant to indicate one thousand, M being the Roman numeral 1000.
M [2]
the Roman numeral 1000, sometimes used in symbols to indicate a thousand.

The "K" comes from the metric term "kilo" which means 1000
i.e. a kilometer means 1000 meters;
a kilogram means 1000grams;
a kiloparsec means 1000parsecs;
 

Nardo GT

Well-known member
Jul 15, 2006
2,300
Texas
The abbreviation is meant to indicate one thousand, M being the Roman numeral 1000.
M [2]
the Roman numeral 1000, sometimes used in symbols to indicate a thousand.

The "K" comes from the metric term "kilo" which means 1000
i.e. a kilometer means 1000 meters;
a kilogram means 1000grams;
a kiloparsec means 1000parsecs;

Ain't necessary to 'splain that to us Texans.
 

Nardo GT

Well-known member
Jul 15, 2006
2,300
Texas

Shelby....you're a southern boy.....they are doing it in volume......heck the're a "power seller"! lol
 

B O N Y

MODERATOR & FGT OWNER
Mark IV Lifetime
Sep 5, 2005
12,110
Fresno, Ca.
nor us Fresnans :)
Hope the information your learning is helpful.
Happy Easter!
 

dandaman

GT Owner
Apr 8, 2007
113
Tyler, Tx
About three weeks ago I was passing through Lufkin, Tx where the guy there rebuilds GT's He had 4 of them there. One Hertiage,White/Blue striped car,Tungsten/White striped and the other one I don't remember the color. He also had a Ferrari that he was repairing as well. It appears he is selling the red car that is on Ebay now. I don't know where he gets them but he must be buying all of the wreck cars that come up for sale in the salvage car market. He claims that he as had 22 GTs to date. The owner was not there when I stopped by I talked to the mexican guy that works on them.
 
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silver1331

GT Owner
Jan 31, 2008
414
Chicago, IL
Yellow car

Shelby - is the yellow 9k mile car on ebay the same one you just had listed?
 

shelbyelite

PERMANENTLY BANNED
May 10, 2007
1
Shelby - is the yellow 9k mile car on ebay the same one you just had listed?

A little birdy told me it is........
 

Joehand1

Tungsten GT Owner
Sep 20, 2007
602
Hattiesburg, MS, USA
About three weeks ago I was passing through Lufkin, Tx where the guy there rebuilds GT's He had 4 of them there. One Hertiage,White/Blue striped car,Tungsten/White striped and the other one I don't remember the color. He also had a Ferrari that he was repairing as well. It appears he is selling the red car that is on Ebay now. I don't know where he gets them but he must be buying all of the wreck cars that come up for sale in the salvage car market. He claims that he as had 22 GTs to date. The owner was not there when I stopped by I talked to the mexican guy that works on them.


I wonder if he had a green card?
 

Silverbullitt

GT Owner
Mar 3, 2006
1,760
Lago Vista, TX
What's an "M?"

Thats also banker talk for thousand. I know it should be million, but they came up with this way before I was on the scene to stop them.
 

fjpikul

GT Owner
Mark IV Lifetime
Le Mans 2010 Supporter
Jan 4, 2006
11,786
Belleville, IL
Way before, as in Roman numerals?
 

Silverbullitt

GT Owner
Mar 3, 2006
1,760
Lago Vista, TX
Way before, as in Roman numerals?

Dunno. Only pawn in game of life.