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2007 Ford Shelby Cobra GT500

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

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


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#366 of 547
Re: Help!! [shelbydude] by nipntuck
Feb 22, 2007 (11:24 am)
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Replying to: shelbydude (Feb 21, 2007 6:52 pm)

Thanks shelbydude for the tips. I contacted the dealer today and they provided me with the vehicle order confirmation which included my name and the description of the vehicle. It listed it as a T88 with an order code of 820A. All of the options I ordered were on it. For those interested the DVD Navigation System has an order code of 58X. The cover has a code of 971. The total MSRP was $45940. Now it is just a waiting game.....
If Ford makes more Shelby's than the 18,000 they have indicated, I will be very disapointed. Most people spending the extra money are banking on that number. If the car had an MSRP of $50,930 I would not have even hestitated. I think you will see the 2008's jump to that price.
#367 of 547
Re: lucky me [moronix] by shelbydude
Feb 22, 2007 (11:56 am)
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Replying to: moronix (Feb 22, 2007 9:28 am)

There is a dealer in WA that had over 40.
 
It is possible because dealers are buying them from other dealers. Everyday there are dealers looking for more.
 
Dealers are finding dealers that will sell them anywhere from $10k to $15k to $20k over MSRP. Then the dealer buys it and sells it for as much over that that they can get.
 
So even dealers are paying well over MSRP buying them from other dealers.
 
I can find them for $15k over if I have a customer wanting one. Some dealers buy as many as they can because they feel they can sell them and still make $5k over what they had to pay.
 
One dealer sellds them at $25k over firm! They sold over 40 so far. They buy them from $10k - $20k over from other dealers.
 
It depends on the market area you are in. Some areas have higher demand than other areas. If I had people lining up willing to pay $20k over I would buy as many as I could at $15k over and get them one. Not a problem.
#368 of 547
If you want a good deal by mschmal
Feb 22, 2007 (3:03 pm)
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Do some research, look for a small dealer in an out of the way place that has one on hand. He might NOT have a big enough market for the car to command a big premium.
 
Be Nice.
 
Mark.
#369 of 547
Re: lucky me [akirby] by moronix
Feb 22, 2007 (3:22 pm)
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Replying to: akirby (Feb 22, 2007 10:28 am)

Nope! They are Shelby GT500s. He had 11 listed when I first checked. YOu can check for yourself on E-bay. He is just another dealer who is ripping off the customers. I suspect he got someone else to purchase them and he took them over. Some have like 8-10 miles and are actually not new.(He's not the original owner) The minimum bids are running around 59-60K.
#370 of 547
Re: lucky me [moronix] by moronix
Feb 22, 2007 (3:33 pm)
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Replying to: moronix (Feb 22, 2007 3:22 pm)

Well there goes your free enterprise and supply/demand theory. Some dealers are cornering the market by grabbing them up from other dealers. You must admit that helps to make the price stay high. That is not supply/demand economics. It's called cornering the market and using your position as a dealer to do it. Unethical in my opinion. But as Ken Lay proved, todays ethics are not what I grew up with.
#371 of 547
Re: lucky me [moronix] by akirby
Feb 22, 2007 (5:01 pm)
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Replying to: moronix (Feb 22, 2007 3:33 pm)

You don't seem to understand supply and demand or free enterprise. This is still all driven by customer demand and willingness to pay exorbitant amounts over MSRP. When the Ford GT first came out people were paying $225K for a vehicle with a $160K MSRP. By the time the last ones rolled off the line they were selling for MSRP after sitting on the floor for a few weeks. Why? Because all the people who paid the high premiums were gone and none of the remaining buyers were willing to pay through the nose. So the price came down.
 
If consumers weren't paying $25K over MSRP then the dealers wouldn't be buying them for $15K over MSRP to resell them.
#372 of 547
Re: lucky me [moronix] by shelbydude
Feb 22, 2007 (7:30 pm)
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Replying to: moronix (Feb 22, 2007 3:22 pm)

Let's see, you list a car on ebay, someone likes it, seems happy with the price, so they bid and buy the car at whatever the price is, and the dealer is ripping the people off! Now do you see how idiotic that sounds??? The dealers are not ripping anyone off. If someone agrees to buy something, REGARDLESS of the price, that is their FREE CHOICE! No dealer is holding a gun to anyone's head forcing them to buy! The CUSTOMER is FREELY CHOOSING TO BUY AT THEIR OWN FREE WILL! That is not ripping them off!
 
If you don't like the price you don't buy it! Plain and simple! The same as you refuse to pay the premium and CHOOSE to not buy it! If the dealers where ripping you off then you would be buying one even though you don't want to!
 
As far as the cars having 8-10 miles on them...DUH! Over 95% of all new vehicles have 8 - 10 miles on them at the time they are delivered to the dealer!
 
Mine came right off the truck with 8 miles on it! No one else drove it. I was there when it came it! Some vehicles will have only 4-6 miles, but over 95% will have 8-10 miles when they are dropped off from the manufacturer!
 
Now there are SOME of these Shelby's that dealers did buy from people and those would be used because they have been titled. Transferring from dealer to another does not constitute a used vehicle. Only after it has been titled it becomes used.
 
The funny thing is, those people that did sell theirs to a dealer were those GREAT LOYAL CUSTOMERS of the other dealer that the dealer did sell their Shelby to that GOOD customer for only MSRP and that so called GOOD CUSTOMER that just HAD to have one turned right around and sold it to another dealer to make a fast $10k - $20k!!! Some GOOD CUSTOMER, huh??? So the few dealers that did sell their Shelby's for only MSRP ended up getting burned by their own VERY GOOD CUSTOMERS! They ripped off the dealer! WOW!
 
And I would be willing to bet that YOU, moronix would be the type of customer to do the same thing! Lets face it, if you don't think the car is worth the extra premium then you probably wouldn't keep it if you could turn around and pocket the extra $10k - $20k profit from it! If that wasn't so then you wouldn't have any problem with paying a premium if you REALLY wanted one!
 
As far as corning the market, give me a break! A handful of dealers snatching up a few extra Shelby's by paying a premium for them is hardly going to even put a dent into what the market will demand for these! The ONLY way that could ever happen is you had several dealers buy up ALL the Shelby's where they were the ONLY dealers where you could get one from! That will never happen. If it were only that easy! I'd buy all 9,000 and offer $25k over to insure I got them all and make you pay $100k to get one! And I'd sell a lot of them for that if I were the only source to get one from. But I would end up with a lot in storage as well and risk losing a lot of money waiting for 40 years to pass by before they were really worth a lot! I only WISH your idiotic theory were true!
 
You ujust keep missing the point. If EVERYONE REFUSED TO PAY A PREMIUM THEN THERE WOULD BE NO PREMIUM! That being the case then there is no way for the dealer to be able to rip anyone off! It is the CONSUMERS that forcing the prices to go up! No one else! It's the CONSUMERS! Without any willing consumers buying them, the prices go down! But the CONSUMERS WANT THEM BAD ENOUGH TO PAY ANY PRICE TO GET ONE! Hello!!!
#373 of 547
54 y.o. Gets Birthday Gift by rheller
Feb 22, 2007 (8:14 pm)
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Successfully signed up and placed a down payment on a 2008 GT500 yesterday on my birthday. I happen to be number one in line with this particular dealer. Question now is color and options. I'm inclined toward red because I have never owned a red car, but it no doubt will be a police magnet. If the Shaker 1000 adds weight and takes up trunk space, I will pass. Wife wants the navigation system, so I may opt for that. I sure hope the 2008 provides some wheel options and perhaps a different exhaust system with a little more growl to it.
As an undergrad, I owned a 1968 GT 500, gold with AT. I was the second owner, who let his fiance (current wife) drive it only once. Twelve mpg wasn't too bad considering the price of gasoline back in 1974. The original owner told me the only car that could beat it was a 427 vette. I never found out, but would enjoy smoking a goat or two on First Street in San Jose. Engagement and moving into government subsidized housing motivated me to sell it at the time. Now, 30+ years later it looks like I may recapture some of those wild oats.
#374 of 547
Re: 54 y.o. Gets Birthday Gift [rheller] by bri66
Feb 22, 2007 (10:28 pm)
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Replying to: rheller (Feb 22, 2007 8:14 pm)

Good for you, happy birthday. Which dealership did you end up ordering it from? Doesn't matter what you paid, you wanted one, your going to order it with whatever you so wish it to have, and it's never going to lose depreciation as other vehicles do. Now the long await begins, hopefully it will be built in the early first quarter of the 08 models. Congratulations again.
#375 of 547
Re: 54 y.o. Gets Birthday Gift [bri66] by nipntuck
Feb 22, 2007 (11:59 pm)
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Replying to: bri66 (Feb 22, 2007 10:28 pm)

My dealer told me you could not order 2008's as of 2 days ago? Are you sure about the year? I Called Ford SVT and they say they are not taking orders for 2008 as of now? Make sure you have it in writing. My dealer has been straight up with me from what I have found, but if I could have ordered a 2008 2 days ago and could have gotten a 2008 at the same time period (4 Months) I will be mighty pissed off. Did you get a copy of the order, and does it say a 2007 or a 2008 at the top of the page? Shelbydude please confirm that 2008's are not available to be ordered yet?

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