Saw a GT500 yesterday

Nov 06, 2006 9 Replies

It was a black convertible, with the center stripes delete option. It really looked nice.



I talked to the marketing guy - he works for Ford, not at a local dealer, He said the typical markup above sticker is 10-20K.



I asked about build quantities. He said 10,000 units per year.



So maybe in a year or so the demand will be met and the price will be MSRP.


IMO, if they keep that production number for 2-3 years the price will likely drop to near, or maybe even below, MSRP late this model year or early next model year.

at a nearby dealership, they got in a red coupe last week. it lasted 4 days. 1 of my friends father whent to look at buying it. it was marked at around $62000.00. he called the next day to see if it was there, and try and make a deal. the salesman said a guy came in this morning and wrote a check for it and it`s gone. damn that must be nice!! :) mp

Ford has a lot more cars to deliver this year. If they keep shoving them into the dealerships the price will fall. I think they are intentionally keeping production low to maximize the profit on the initial run. There are far from 10,000 buyers that are willing to pay $62k for a Cobra. Then the next year run will start which is where I believe the price drop will occur if Ford makes another 10k run for 2008.

Don't forget also the possibility of a 425 hp Challenger R/T for '08 or '09, a package which is currently available as a Charger in the mid to high $30K range, and the 5th gen Crapmaro with possibly a 400 hp LS2 in the low $30Ks and maybe even a 500 hp 427 Yenko or Nickey revival. Sounds like market saturation to me. I pity the fool who's paying $60K or more for a '07 Shelby.

180 Out

Remember the fools who paid over $40k for the first of the '03 Cobras. I think history will be repeating itself if Ford builds 10k/year for 2-3 years.

Prices are already dropping.

Watch the ebay auctions, my friend was high bidder on two actions 1.5 weeks ago, at $55,000 the auctions ended without meeting the reserves, his $55,000 bids were the highest bids in both auctions.

Between internal and external competition they will certainly drop. We still have the Mach I, Boss, Shelby GT, Saleen's, C/S, Shelby GT500KR, all other remakes, aside of Camaro and Charger.

Nick

That makes sense, I didn't even think about it. I supposed a striped top would be very unusual.

Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required