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2007 Ford Shelby Cobra GT500

547 messages,  Last post on Jul 11, 2009 at 6:43 AM

You are in the Ford Mustang Forum. Your Host is claires

What is this discussion about? Ford Shelby Cobra GT500, Convertible


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#308 of 547
Re: Are you guys serious? [claires] by moronix
Feb 15, 2007 (7:58 am)
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Replying to: claires (Feb 14, 2007 8:12 pm)

Hello Claires,
Actually I'm enjoying this forum. I've only been here a few days and I feel the love you guys have for the Shelby Mustang. It shouldn't surprise you that I love em too. If I could get one at MSRP I would buy it today! I love my little V6 and would love to own a 500hp Mustang with Shelby on it. I just went to my Ford dealers web site and priced one with the options I want. It came to a little over 50K. (It's a convertible) The salesman told me they have sold only one at about 15k over MSRP. I know to some people this is just "supply and demand". I call it price gouging. I refuse to participate in such a deliberate rip off. For the hard core Shelby fans this doesn't seem to bother them but it does bother me. I love the car but a blatent rip off by the dealer turns me off. I envy the ones that get them and wish them the best of luck with their new car. I'll just slip off into the night now and dream of the old days when new car dealers were not like used car dealers.
#309 of 547
Shelby Premium by rheller
Feb 15, 2007 (8:46 am)
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One Ford Salesman told me that in this day when they have trouble selling models at invoice they plan on "riding the Shelby for all its worth." Really, can you blame them?
My beef is when the salesman is condescending or downright rude about it. In the least, be polite.
#310 of 547
Re: Are you guys serious? [moronix] by shelbydude
Feb 15, 2007 (12:38 pm)
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Replying to: moronix (Feb 15, 2007 7:58 am)

It is not the dealers that are price gouging. It is the people buying that set the market price. Not the dealers. Trust me, if no one was willing to pay the mark up on these then dealers would not be charging what they do. The MARKET determines pricing.
 
It's funny how you complain it is dealers price gouging. I bet you're the same type of person that would demand a dealer to pay you trade in value based on what Kelly Blue, Edmonds or NADA says your trade is worth. Then what those sites say it becomes gospel and anything less the dealer is trying to rip you off on your trade.
 
So what if the same site said retail value on the new Shelby GT500 was over $60k??? Would that mean it is worth that much because Kelly Blue Book says so???
 
Well guess what? Kelly Blue Book says the new Shelby GT500 is worth over $62k. That is the TRUE MARKET VALUE on this car. So if that is the true market value then paying $62k for one IS paying sticker!
 
Remember, the MSRP price is merely the manufacturers SUGGESTED retail price. That doesn't mean that that is all the vehicle is worth!
 
Look at the Shelby GT-H Hertz rental car. They are selling for $60k + at the auctions and those are USED with several thousand miles on them. You can get the Shelby GT Hertz version for $45k which is about $5k over MSRP!
 
It is the MARKET that determines the TRUE RETAIL VALUE. Not dealers! If there are no buyers, as in, no market for it, guess what happens to the value???
 
Look at the older Shelby GT500's. 67, 68, 69 and 70. They only cost about $4,700 new. Today they are almost 40 years old and PRIVATE OWNERS are getting over $200k for them! Talk about price gouging!!! That is over 40 times what they cost new 40 years ago! So how is this any different? Kind of makes the $60k - $70k price on the new Shelby GT500 a real STEAL in comparison.
#311 of 547
reality check by pony_pirate
Feb 15, 2007 (4:32 pm)
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Stock '06 C6 beat the GT500 hands down, Car and Driver last year. The GT500 isn't in the same class as the C6Z06. If I had unlimited funds I would get both. But in the real world, you get more for your dollar performancewise with either the C6 or C6Z06.
 
I'd be interested in a road test comparison between the supercharged Rousch and the GT 500. Anyone got a link to this?
 
Future resale value is purely speculative, btw. It may or may not pan out. Cars are not a good investment, relative to other choices, imo.
#312 of 547
Purchase Agreement Recommendations by rheller
Feb 16, 2007 (1:01 pm)
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My wife and I are getting close to signing a purchase agreement for a GT500. Any recommendations as to what should be included in the written agreement would be very welcome; thank you. We have heard stories of dealerships holding deposits and then returning them to the potential buyers when a better offer comes along. What would bind the dealer to the contract? What is a reasonable deposit and should the signed purchase agreement be notorized? Again thanks, and my apologies for sounding a bit paranoid.
#313 of 547
Re: Purchase Agreement Recommendations [rheller] by akirby
Feb 16, 2007 (1:36 pm)
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Replying to: rheller (Feb 16, 2007 1:01 pm)

You're really at the mercy of the dealer, regardless of what you have in writing. The dealer is not required to sell you a vehicle. If they don't fulfill the sales agreement then you can sue them for damages. But you can't force them to sell you the vehicle.
#314 of 547
Sales Agreement by rheller
Feb 16, 2007 (2:13 pm)
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Sue them for damages? Hmm...I don't follow. What damages would that be other than denying me the pleasure of owning the car? Seems to me the contract could be written to obligate them to sell me the vehicle at the agreed upon price.
#315 of 547
Re: reality check [pony_pirate] by moronix
Feb 16, 2007 (2:29 pm)
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Replying to: pony_pirate (Feb 15, 2007 4:32 pm)

I saw the comparison somewhere but can't remember where. Seems like they did the job for a little over $5k and slightly outperformed the Shelby. Maybe a internet search will turn it up.
Just found this:
http://www.youtube.com/watch?v=iq06eUNlyzI&mode=related&search=
It's not what I was looking for though. I think now it was a special I saw on TV... maybe the Speed channel.
#316 of 547
Re: Purchase Agreement Recommendations [rheller] by shelbydude
Feb 16, 2007 (5:37 pm)
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Replying to: rheller (Feb 16, 2007 1:01 pm)

How much over MSRP is the dealer agreeing to sell it for?
 
Does the dealer have the allocation to get the car?
 
Is this on a 2007 or a 2008?
#317 of 547
Re: reality check [moronix] by shelbydude
Feb 16, 2007 (6:12 pm)
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Replying to: moronix (Feb 16, 2007 2:29 pm)

There are a lot of things that can be done to increase the power and performance on any car. Especially modifying one to out perform one that is stock from the factory.
 
If you also noticed that was an older clip. The guy in the video said both cars had the 4.6L which is incorrect. He said the Shelby had 475 HP which is incorrect. Originally it was said to have 475 HP but it actually has 500 HP.
 
He said they did nothing on the brakes and suspension. That is incorrect. The Shelby does have different brakes and suspension over the GT Mustang.
 
Also notice they used the convertible instead of the coupe? There is a difference in the weight distribution on the coupe VS the convertible and a difference in the sway link bars between the two.
 
Basically that was a video trying to promote the Roush over the Shelby. But he did say the Shelby is faster on the straight away but on the track the Roush is supposedly better. Well how many people are going to be using their Shelby to race on the track?
 
The Shelby GT500 suspension is shared with the 2005 Championship winning FR500C Grand-Am Cup Mustang.
 
80 percent of the underpinnings on the FR500C race car can be found on the Shelby GT500, But they did "nothing" to the suspension, huh?

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