Last post on Mar 19, 2013 at 7:10 PM
You are in the Ford Mustang
What is this discussion about?
Ford Shelby Cobra GT500, Convertible
#128 of 556 Re: Visited a dealer [advequityguy]
Jul 28, 2006 (5:18 am)
FYI - Ford and SVT produced less than 27k Mustang Cobras in the 4 model years 2001 thru 2004 (thats less than 6700 units per year). So I guess these cars were also "Limited Production".
The fact is, these cars are demanding MSRP+ADM because of the Shelby name. Nothing more. Nothing less. And the folks who are actually PAYING $15-25k over MSRP now are doing it JUST to be the first ones in their group to have the new Shelby.
Just out of curiousity: why do you waste time defending your position? If you guys are covered up with folks (30 with deposits and only expect 3 cars in the next year), WHY BOTHER with what I think?
I'm still curious why you think that all the marketing and product planners who SET the prices at Ford are such morons by setting such a low low low MSRP when OBVIOUSLY the market can support all 16k units at $60k or higher?
Enjoy your large ADM while it lasts.
#129 of 556 I don't even understand the hype for these cars
Jul 28, 2006 (6:24 am)
What did Mr. Shelby even do in designing this car? Other than a man's name, what does it have in common with the other GT500 that Carrol actually had an integral part in designing?
FOMOCO did not even engineer a special powerplant for the vehicle. For Pete's sake, the car uses a 10-year old blown v8 that was lazily conceived, to say the least, when first introduced. Anyone can make crazy power by supercharging a large v8 -- let's see something original. Why the hype?
#130 of 556 Re: I don't even understand the hype for these cars [saddaddy]
Jul 28, 2006 (9:27 am)
Your right on ALL accounts. Carroll Shelby had about as much to do w/the design of the S197 generation of 'Shelby' Mustangs as he did on the post 67' cars...It's interesting though how history repeats itself. Not a single pre-2007 Shelby (65'-70') had a 'special' powerplant that was Shelby specific...and yet,the last time I checked, those car were still highly collectible and bringing big $$...Just my .02 worth...
#131 of 556 Re: Visited a dealer [rorr]
Jul 28, 2006 (11:00 am)
I know it brakes your heart as you are obviously not a Mustang guy, but as far as the svt cobra goes, anyone that actually bought an 03/04 got one helluva car. Those people can trade them in today, even though the body has changed, and as a percentage of sale price, get a whole lot for them on trade. I've sold lightly used '03 coupes for close to 30k. I doubt many Vette guys see anywhere close to that kind of return if they are dumb enough to trade after 2 or 3 years. No one in their right mind is going to collect a z-06 vette. That is not what it's for. reguardless of you accepting it or not, the Shelby is indeed collectible. If it doesn't appeal to you, let those who it does appeal to enjoy it. Not often you can buy a car that has no good reason for even existing.
#132 of 556 Re: Visited a dealer [advequityguy]
Jul 28, 2006 (11:51 am)
"I know it brakes your heart as you are obviously not a Mustang guy...."
First of all, it's "breaks".
"Brakes" are those round thingy's behind the wheels used to stop a car.
Second of all, you don't know me very well. The restored/modified '66 GT fastback in my garage (which is set up for mild open-track use) may be a clue to where my heart lies. And...it...ain't...with....Chevy.
I also understand WHY the most collectible Shelby's are the '65 and '66 models, with the collectibility tapering off to the least appreciated '69-'70 models.
Do you know why?
It's because Carrol Shelby had EVERYTHING to do with the earliest models. He got Mustang shells from Ford and built HIS cars to HIS specs in HIS factory. And it shows from the fact that these cars were very successfully raced back in the day (against small-block Corvettes no less). The later Shelby's were street poseurs, great at looking good and laying down a patch of rubber on the street; but otherwise a styling excercise built by and used by Ford to maintain excitement in the Mustang.
The current GT500 is the same. It has about as much to do with Carrol Shelby as the '03 models did; which is essentially NOTHING.
Face it, these are nothing but the lastest SVT Mustang Cobras (developed by SVT; NOT Carrol Shelby) with "Shelby" logos stuck on it.
Will the initial buyers drop stupid money on the SVT Cobra because it has "Shelby" logos on it? Sure. Some folks have more money than brains. But will the "Shelby" logos be enough to KEEP the demand up so high that Ford will run through the entire 16k production run with dealers able to demand huge ADM?
Regarding the 03/04 cars; if memory serves, the initial buyers of THOSE cars were also paying a big markup. I found this post from March of '02 regarding the anticipated markup on the '03 Cobras:
texaszach, "Mustang Cobra / SVT Cobra" #53, 27 Mar 2002 7:20 am
In it appears this little gem:
"This particular dealership happens to be SVT certified. I spoke with him yesterday regarding the new snake. Their allotment of '03 Cobras is a total of 6. They have a waiting list for these cars despite a rumored premium of $10,000 above MSRP at their dealership."
Yet only a few months later, the going prices were under MSRP. Will history repeat itself? History has a strange habit of doing so.....
#133 of 556 Re: Visited a dealer [rorr]
Jul 29, 2006 (12:30 pm)
Glad to hear you are not a chevy guy. I'm not trying to insult you, brother. I just have a different opinion. Your opinion counts about as much as mine. deek. neither you or me is going to buy one. You because it doesnt make sense to you. Me because I already have enough toys financed. 17 coupes slated for the whole state of florida for the 1st 2 months production, btw.
#134 of 556 Re: I don't even understand the hype for these cars [saddaddy]
Aug 02, 2006 (6:10 am)
Design a special powerplant? The small block Chevy dates back to nineteen hundred fifty-three (for Pete's sake), yet the LS7 derivative is a pretty "special" powerplant. What in the world does "lazily conceived" have to do with whether or not the Shelby has a good powerplant? There are lots of "lazily conceived" '03/04 Cobras out there that will prove that statement wrong on a moment's notice.
Aug 02, 2006 (10:19 am)
just lapped the parking lot in one. all i can say is wholey sheet, man i've got to get on that. "lazily conceived" or not.
Aug 02, 2006 (10:23 am)
....also, i think i could see myself lazily blowing past pretty much anything else you could conceive on the road. and not to mention looking pretty darn good doing it.....looks like i need to cash in a bond or something.