New GT effect on Values

[twobjshelbys]

There is a distinction that I think has to be made. Everyone is referring to this new car as "the new Ford GT". The real description ought to be more of a "new GT class vehicle from Ford". I think that the chances of it, for a variety of reasons, closely resembling the GT40 or Ford GT are slim. I thought it was stated at the Rally presentation by the team that the 2007 rules made the car we know a matter of timing, and that production in 2007 and later would have had disappointing impact, especially going from the shape in 2005/6 to something later. It may be "inspired" by the GT40, but I think it will deviate more than the middle age spread our girls got.

 

[zach05855]

My 2 cents.

I find that when a historical car/ special car is re-introduced it also re-invigorates the market. That is what happens with every Halo Ferrari and what happened with the 918 intro. Cars people have forgotten are now cool to own.

The Jaguar F Type introduction has invigorated the old E Type market...Etc.

 

[FBA]

Being that the average price for low mileage GT's today is about 300k, a new GT in the 350-400k range could negatively impact pricing of the current gen GT, for a time anyway. Gulf color GT's are getting 400k+ today...so can that really be a sustainable number, if a newer, better GT comes in around that range? Long term, the current gen will continue to gain value...but could get hit in the short term, if there even is a new GT about to hit. That's my opinion, FWIW. Opinions are like assholes; everyone has one.

 

[Sinovac]

I would think if Ford makes a new GT, a decrease in price is in order. Better looking,.....

:lol

 

[roketman]

My 02
I don’t care about value! The only value for me is enjoyment!
I only care about when I can get in it and drive it!

 

[Gene Cassone]

My guess if indeed ford plans on going back to lemans, there will be 2 versions. One for street in $250 range, and one for track alla gt 350r and Ferrari challange cars, will be interesting to see!!!

 

[Joehand1]

Mine is a rather high miles car..about 18,000 miles since I do drive the thing.

So I suppose it should be worth around 215-220..not bad considering i've owned it 7 years and bought it from Shelby at list 167k.

 

[junior]

Ford should not name the new car "Ford GT". in that case there's a high probability of no negative effects on our current marvelous cars.

 

[STORMCAT]

I'd buy the new GT if I hear from the GT build team it's getting gauges that will work !! DOH !!! :facepalm::facepalm::biggrin

 

[RaceDeck]

I would be surprised if the new GT comes out looking like a modern version of the 05'06 - The current Dot requirements will most likely not even allow the same style doors ( due to side impact) , new bumper, requirements, etc. I would also think they are going to go with some sort of automatic tranny, traction control, etc. losing a lot of the raw ( thrilling) driving experience. It may be a GT but it won't be the same... Now whatever that means for the value of our cars? time will tell...

 

[roketman]

Mine is a rather high miles car..about 18,000 miles since I do drive the thing.

So I suppose it should be worth around 215-220..not bad considering i've owned it 7 years and bought it from Shelby at list 167k.

Joe
Excellent to hear you drive yours! But you need to catch up!

 

[Empty Pockets]

Joe
Excellent to hear you drive yours! But you need to catch up!

And YEEEEEEW BOTH need to catch up with Jeffey, Ron!

What's his car's total mileage now? Something like 105/110K???

 

[Kayvan]

Same effect as new McLarens on McLaren F1

 

[Fubar]

If the new GT is a retro styled car it will kill the value on ours. At least it would for me as a buyer... unless it is cheaper or somehow 'less than' our GT in a significant way.

 

[dbk]

Same effect as new McLarens on McLaren F1

You can't compare a car with a 106 unit production run to one with a production run of 4,038.

 

[RPM217]

And YEEEEEEW BOTH need to catch up with Jeffey, Ron!

What's his car's total mileage now? Something like 105/110K???

From they guy that puts zero miles on his cars, that's quite a statement!!!

 

[pvgtX2]

Same effect as new McLarens on McLaren F1

Kayvan- the most interesting part of this thread was seeing your new profile picture!!:thumbsup:thumbsup:thumbsup

 

[Kayvan]

There's more where that came from....

 

[roketman]

There's more where that came from....

That chick was 1k per hour!

 

[Kayvan]

That chick was 1k per hour!

She was free

But, I did drop $10,000 in Zurich and came back with Swatch I landed in.