Are the 60's Shelby GT350/GT500 Prices dropping?

[Flatrod]

Chip,

Its the looks more than anything that turns me from the new ones. I have access to a friends cars, GT500, Shelby GT with whipple ( converitble though), 95 Cobra R and a 2000 Cobar R. I have driven them all, Of those I like the 2000 Cobra R the most. New ones sure have the power the old one will never have, but I like boncing around in the old pile of bolts........ But then if I could trade the 66 GT350 for a GT I would surely be happy!!

 

[HHGT]

I have many reasons to own a car. On the top of that list, is what it stirs inside of me and how unique/rare is it? If I drive any of my cars they are lookers and you wont find any like them when I go from point A to point B on any given day. Not all of my cars have to go fast, but A/C is definitely nice to have.

I wrestled with adding additional horses to the Prowler but then I remembered why I bought it in the first place - she is a looker, rag-top, sleek, reliable and an air-conditioned cruiser with a CD changer. Owning an older unique/rare car to me is like owning household art for many. She can sit in my garage and be admired until the day I decide to sell or replace her. If I don't drive her that's okay too. I don't care for modded cars unless they are circa 50's or earlier.

One other rule I have about owning cars, is try to at least break even when I sell it. The biggest question now is has the GT350/GT500 back to where they should be $ wise or is the bottom still on the horizon.

BTW - I will always be brand agnostic and if I ever bought a Ferrari or Lambo it will definitely be a classic and of all the modern versions, the Enzo ranks VERY HIGH on the list.

 

[RALPHIE]

As the prices of new cars rise, due to inflation or increased performance and amenities, stabilizing or declining values of the older desirable vehicles accentuate the mean difference between the two, making the older ones more affordable. As Sam has said, the nice part of owning the older ones is when they have reached a level where depreciation is no longer a factor. In many cases, the maintenance of the older ones is also usually less, assuming parts, either 2nd hand or aftermarket, are available - this is due to two factors: (1) they will be driven less, and (2) they are much less complex.

 

[Nardo GT]

I have many reasons to own a car. On the top of that list, is what it stirs inside of me and how unique/rare is it? If I drive any of my cars they are lookers and you wont find any like them when I go from point A to point B on any given day. Not all of my cars have to go fast, but A/C is definitely nice to have.

I wrestled with adding additional horses to the Prowler but then I remembered why I bought it in the first place - she is a looker, rag-top, sleek, reliable and an air-conditioned cruiser with a CD changer. Owning an older unique/rare car to me is like owning household art for many. She can sit in my garage and be admired until the day I decide to sell or replace her. If I don't drive her that's okay too. I don't care for modded cars unless they are circa 50's or earlier.

One other rule I have about owning cars, is try to at least break even when I sell it. The biggest question now is has the GT350/GT500 back to where they should be $ wise or is the bottom still on the horizon.

BTW - I will always be brand agnostic and if I ever bought a Ferrari or Lambo it will definitely be a classic and of all the modern versions, the Enzo ranks VERY HIGH on the list.

Were we twins separated at birth?:willy I got goosebumps reading that!:eek

 

[avjunky]

Perfect timing! As a proud owner of a red and white '66 Shelby GT350 (1 of 139 w/ 4-speed and 10 spokes) I've been trying to decide if I should sell it or buy a GT. I'm not so much worried about it depreciating because I think that the early Shelby's are truly classics and they are something unique to look at. Rather the question that I'm asking myself is which has the better long term staying power - a GT or my '66 GT350? Given the choice what would you folks do? Oh yeah and if anyone is interested in working out a trade for a GT, please send me a PM. Thanks!.

 

[RALPHIE]

Perfect timing! As a proud owner of a red and white '66 Shelby GT350 (1 of 139 w/ 4-speed and 10 spokes) I've been trying to decide if I should sell it or buy a GT. I'm not so much worried about it depreciating because I think that the early Shelby's are truly classics and they are something unique to look at. Rather the question that I'm asking myself is which has the better long term staying power - a GT or my '66 GT350? Given the choice what would you folks do? Oh yeah and if anyone is interested in working out a trade for a GT, please send me a PM. Thanks!.

Buy a GT & keep the GT350. You'll always hate yourself if you do otherwise.

 

[avjunky]

Buy a GT & keep the GT350. You'll always hate yourself if you do otherwise.

Then it comes down to keeping the two cars and losing the wife

I have to admit though that having a red and white '66 GT350 parked next to a red and white GT would look pretty awesome!

 

[RALPHIE]

Buy a GT & keep the GT350. You'll always hate yourself if you do otherwise.

Then it comes down to keeping the two cars and losing the wife ....

Some men dream of this choice! :lol

 

[avjunky]

Some men dream of this choice! :lol

Good point! What am I waiting for?! :rofl

 

[ChipBeck]

Then it comes down to keeping the two cars and losing the wife

A friend of mine told me he got a Mustang for his wife. And it was the best trade he had ever made!

Chip

 

[avjunky]

A friend of mine told me he got a Mustang for his wife. And it was the best trade he had ever made!

Chip

Good point Chip. Maybe what I should do is give her the Shelby and buy the GT