GT500 Will Kill GT350 Prices, No?
- Thread starter Kaneda
- Start date
Im sure they will.
Clemsix
New Member
Have my eye on a new 2018 GT350. Start up price is $59,000. Should I wait for GT500?
Guys, most cars don't age like fine wine. Most $60,000 cars are going to depreciate.
I 2nd the lol.
No one is disagreeing with you. But to say a pre-owned GT350 is low $30k's, is ludicrous.
I honestly don't think clean, low mile used GT350's will EVER be in the low 30's, ever.
I wasn't agreeing with the low ball price, there is enough cool factor and exclusivity to keep them from tanking like an SRT Charger.
I have no illusions that my ZL1 will be worth spit, so I'm going to drive the snot out of it.
I have no illusions that my ZL1 will be worth spit, so I'm going to drive the snot out of it.
Still may consider GT350. Asking price of $59,000 not bad. Anyone have a guess as to how much the GT500 is going to cost. That is if the dealerships don't jack up the price like they did to the GT350.
I think GT350 prices will greatly depend on the GT500 crankshaft... If they continue FPC and improve it with boost in a light weight car, which is not real easy, that would hold down our values.
If they use CPC, boost, 10sp., like a zl1 or HC, and Ford ends Voodoo production, then our cars will do really well value wise and I don't think you will see them in the 30's; they just run and drive too good for that.
I believe the auto landscape is automating and electrifying very fast and anticipate all the premiere drivers cars like Z06, Zl1, GT3, GS, GT350, etc. will hold their value well in general and GT350 has a good chance to lead the pack.
If they use CPC, boost, 10sp., like a zl1 or HC, and Ford ends Voodoo production, then our cars will do really well value wise and I don't think you will see them in the 30's; they just run and drive too good for that.
I believe the auto landscape is automating and electrifying very fast and anticipate all the premiere drivers cars like Z06, Zl1, GT3, GS, GT350, etc. will hold their value well in general and GT350 has a good chance to lead the pack.
I expect the GT350 to take a pretty decent drop now that the GT500 is revealed and looks to be a full blown track focused car, which is what everyone raved about with the GT350 and the GT500 just completely one upped it and took it to a new level. If it has the A10 in it, It'll be a wrap. Only thing left now is the price. The GT500 has to be priced around the ZL1 since thats its direct competition, which would put it right above the GT350's price point.
I've not seen this confirmed yet... Meaning the GT500 has not been confirmed to have gone on a diet to keep it significantly light weight, the wheels in the Ford ad look to revert to aluminum, the blower will add another couple hundred lbs, and if they use cross plane crank it will add weight and change driving dynamics to be very close to the ZL, which seems like a me too bid and compromise towards a straight line screamer.
Then there is price, if the car comes in at about 80k (before ADM) then a gently used GT350 still looks sweet for high 40's, where they are today.
What you suggest is possible just not yet a foregone conclusion in my mind and I still like the odds for a kind GT350 depreciation curve.
Maybe I've got GT350 goggles on...
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Maybe you guys just buy things differently (than everyone else).
The 500 will almost certainly have little effect on the value/pricing of the base 350 because it'll be set higher. If you listen to all the R owners, they're hoping MUCH higher. When Ford released the GT, it didn't do anything to the pricing and volume sales to the 350. Know why? Because it's in a completely different purchase segment.
There will be a FEW people who look at the price tag of a used base 350 or a new one and think "I'll just go without lunch for a year and get the 500 which is 40% more cost" but for the most part, the danger in affecting value has to do with where Ford prices it. We'll see.
The base 350s are already suppressed pretty far and are bouncing off the cost of the GT. The only way it continue to go further South is if there's another car/model 350 (or equivalent) in the price range and the older years are then outdated.
Think of it this way, who would buy a mustang GT even with the vaunted performance pack and the new auto for mid 40's if they could get a slightly used 350? No one. There's still enough differentiation between the two that demands the same price the 350 wins. Granted that gap is closing with the 18 GT's, but it's still there.
The biggest threat to 350 pricing is the R. IF Ford decides to price the 500 near the 6 figure mark, I'd say the R values are safe. If however, they price it anywhere near the R prices, it IS going to harm the value of the R's. Sorry, it's just reality. Even with the "they're different cars" blah blah blah, if you have $80k to spend and you want a new car, and both cars are in the same range, there's going to be some people that go R some go 500. How much the 500 cannibalizes off the R and how much they bring over from out of Ford markets, who knows.
Again, who cares. Really. Drive your car like you stole it. Quit worrying about what it will be worth in 10 years and just enjoy it. I laugh out loud at the guys that think they're going to buy a new car as some sort of future classic investment. It took 40 years for classic cars to start to demand significantly more value, especially when you factor in all the costs along the way (storage, insurance, etc). Cars aren't island realty or fine art. You're not going to an improvement to the value for decades and that's after a healthy dip. I've already run into a few guys who have this ridiculous notion that they can't modify the car for fear of devaluing it (because it's going to be some part numbered Barret Jackson superstar down the road) or even worse "I don't like to drive it that much because I want to keep the miles off it and maintain the value." wait, what? You bought a "driver's car" and now you don't want to drive it because you're afraid of devaluing it? Seriously?
If you're in the market to buy a new 350, R or 500, and you're REALLY really all that concerned, then wait. At worst, you'll lose out on a few months. The 350's ain't gonna go UP in price, at least everyone can agree on that. So if you're really all that worried, then wait.
As for current owners, just drive it like a rented mule and enjoy the car. I swear 50% or more of the threads and posts in this section of the forum are debates and discussion about prices and future prices and who paid what, etc.
The 500 will almost certainly have little effect on the value/pricing of the base 350 because it'll be set higher. If you listen to all the R owners, they're hoping MUCH higher. When Ford released the GT, it didn't do anything to the pricing and volume sales to the 350. Know why? Because it's in a completely different purchase segment.
There will be a FEW people who look at the price tag of a used base 350 or a new one and think "I'll just go without lunch for a year and get the 500 which is 40% more cost" but for the most part, the danger in affecting value has to do with where Ford prices it. We'll see.
The base 350s are already suppressed pretty far and are bouncing off the cost of the GT. The only way it continue to go further South is if there's another car/model 350 (or equivalent) in the price range and the older years are then outdated.
Think of it this way, who would buy a mustang GT even with the vaunted performance pack and the new auto for mid 40's if they could get a slightly used 350? No one. There's still enough differentiation between the two that demands the same price the 350 wins. Granted that gap is closing with the 18 GT's, but it's still there.
The biggest threat to 350 pricing is the R. IF Ford decides to price the 500 near the 6 figure mark, I'd say the R values are safe. If however, they price it anywhere near the R prices, it IS going to harm the value of the R's. Sorry, it's just reality. Even with the "they're different cars" blah blah blah, if you have $80k to spend and you want a new car, and both cars are in the same range, there's going to be some people that go R some go 500. How much the 500 cannibalizes off the R and how much they bring over from out of Ford markets, who knows.
Again, who cares. Really. Drive your car like you stole it. Quit worrying about what it will be worth in 10 years and just enjoy it. I laugh out loud at the guys that think they're going to buy a new car as some sort of future classic investment. It took 40 years for classic cars to start to demand significantly more value, especially when you factor in all the costs along the way (storage, insurance, etc). Cars aren't island realty or fine art. You're not going to an improvement to the value for decades and that's after a healthy dip. I've already run into a few guys who have this ridiculous notion that they can't modify the car for fear of devaluing it (because it's going to be some part numbered Barret Jackson superstar down the road) or even worse "I don't like to drive it that much because I want to keep the miles off it and maintain the value." wait, what? You bought a "driver's car" and now you don't want to drive it because you're afraid of devaluing it? Seriously?
If you're in the market to buy a new 350, R or 500, and you're REALLY really all that concerned, then wait. At worst, you'll lose out on a few months. The 350's ain't gonna go UP in price, at least everyone can agree on that. So if you're really all that worried, then wait.
As for current owners, just drive it like a rented mule and enjoy the car. I swear 50% or more of the threads and posts in this section of the forum are debates and discussion about prices and future prices and who paid what, etc.
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