I believe car gurus.com has market value lusted for the vehicle you are searching for. Then, it tells you foreach sale add if it is above or below .
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Used GT500 dealer/ private prices are outrageous
- Thread starter deathsteed
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I believe car gurus.com has market value lusted for the vehicle you are searching for. Then, it tells you foreach sale add if it is above or below .
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:nonono: jesus, svtp can give out a lot of bad info when they have no idea what they are talking about
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Sick03Vert
Banned
Not sure where or who you are pointing that at, but my info I shared, as I sit here at my job in one of a chain of six different dealerships my job requires me to work at, is very, very good.:shrug:
There's no such thing as price "justification" for just about anything. The desire and willingness or lack of, and the ability of the consumer to pay, and how quickly the seller wants to move the product, is what determines the "selling "price" of pretty much anything.
And if it's higher than what you want to pay - well either save up more or move onto something else.
And if it's higher than what you want to pay - well either save up more or move onto something else.
Dealerships are in the business of making money, they aren't going to sell the car for the same price they bought it for.
Cobra's and GT500's are expensive toys, and are priced that way. If they were priced too high they wouldn't sell. KBB and NADA aren't buying cars, so their numbers don't mean jack shit. KBB could tell me my car is worth $100,000 but that certainly doesn't make it worth that much.
Just a thought:
Buyers POV: You are exposed to these on a daily basis and see many people with them, modding them ect. You hear stories all the time and see it in their signature, Instagram pics, wallpaper. You see specials for mods on websites advertised all the time and holiday deals. You are exposed to the car and see it as just a nice engineering marvel.
Sellers POV: Its not a 3.2l, its not a 4 cylinder honda, a 1 gear tranny, its not a 40mpg car. Its not a turbo truck or a work truck. It doesnt appeal to a teen or the average consumer profile. Its a 5.4 - 5.8l supercharged mustang bearing the GT500 badge and has 550-650hp at the wheel. Its a high performance vehicle and often the pride of their dealership and a showpiece in their room. Its a image "LOOK HOW FAR WE COME!! WE HAVE AN EXOTIC!" Sex sells, so does high end sportcars. The average dealer isnt going to see it as a GT compared to a V6 . They will see it as a rare xxxx out of xxxx built car and will gimmick it as much as possible.
The age of the car and the time we are in, the car hasn't tipped over that depreciation mound yet so your going to be paying a good $ for it. In this market they are selling for those prices so the chances of you talking down one even 3k is unlikely never the less 10k. Id say save or wait
Buyers POV: You are exposed to these on a daily basis and see many people with them, modding them ect. You hear stories all the time and see it in their signature, Instagram pics, wallpaper. You see specials for mods on websites advertised all the time and holiday deals. You are exposed to the car and see it as just a nice engineering marvel.
Sellers POV: Its not a 3.2l, its not a 4 cylinder honda, a 1 gear tranny, its not a 40mpg car. Its not a turbo truck or a work truck. It doesnt appeal to a teen or the average consumer profile. Its a 5.4 - 5.8l supercharged mustang bearing the GT500 badge and has 550-650hp at the wheel. Its a high performance vehicle and often the pride of their dealership and a showpiece in their room. Its a image "LOOK HOW FAR WE COME!! WE HAVE AN EXOTIC!" Sex sells, so does high end sportcars. The average dealer isnt going to see it as a GT compared to a V6 . They will see it as a rare xxxx out of xxxx built car and will gimmick it as much as possible.
The age of the car and the time we are in, the car hasn't tipped over that depreciation mound yet so your going to be paying a good $ for it. In this market they are selling for those prices so the chances of you talking down one even 3k is unlikely never the less 10k. Id say save or wait
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like mentioned...... the KBB/NADA factor in to about 1% of the money a dealership will put into a trade. They go right to manheim/auction prices. If KBB says car X with 50k miles is worth $25k...yet every single identical car going through auction with the exact same year and similar mileage only bring $21-22k....can you really expect them to put all that money into it?
A car is worth what someone will pay for it, end of story. KBB/NADA are rough guides for your "average" car with your "average" owner. Typically specialty or limited production models are under-valued per "blue book." If all others on the market are priced similarly high then you don't really have any option... pay the "inflated" price or buy something else.
Good luck.
Good luck.
Just like the 03/04 Cobra's, the GT500's will continue to hold their value. They're awesome cars and people want them.
Keep on looking, deals are out there.. Just don't expect someone to give it away!
Keep on looking, deals are out there.. Just don't expect someone to give it away!
Exactly correct.
If "all" the owners fell that their car is worth 10 thousand more than the banks do then they will just not sell. It's their choice.
But if you are able to find someone that is willing to sell their car for thousands less than the other guy on the next block jump on the deal.
Stuff is always only worth what the going price is.
If NOBODY was paying more than, say, 38K for a pristine 2013 GT500 then they will either gather dust in peoples garages or showroom floors until someone says "shit, I really need some money, I'll come down".
i saw a 38k mile 08 shelby on the lot for 28k. also saw an 09 with 7k miles and a few mods for 33k on craigslist. but that was a few months ago.
like everyone else said its what someones willing to pay. ive noticed more in the mid 30's that i thought, i figured by now there would be more 07-09s in the high twenties.
like everyone else said its what someones willing to pay. ive noticed more in the mid 30's that i thought, i figured by now there would be more 07-09s in the high twenties.
xXGadfly09Xx
Banned
those are listing prices I am sure the actual selling price will be 28-30k
Really? Don't banks make money on the interest paid, thus the more money they lend the more they make?
END THIS THREAD NOW!!!!!!!!!!!!! :beer:
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