Whats with the prices of gt500's??

MysticChromeSVT

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I just bought my mystic chrome cobra for 32k with 1,600 miles on it. The car is well worth the money and I would have paid even more for it, if needed. I don't under stand how 55K GT500's 3 years later with 10k miles on them are going for the same price as terminators! Maybe someone could fill me in??
 

CobraKid04

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prolly bc you paid to much....


The terminator will always be around 18-25k. It's a legendary car and peoople who know about cars know the terminator.
 

dom418

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I think it's because they made too many of them and there is a ton of inventory available which drives down the prices. People keep dumping them to upgrade to the newer GT500.

Even though they made over 13,000 Terminators it was only a 2 year run and they have always been sought after which has kept their values high. It's all about supply and demand.
 

Tims97SVT

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I'd pay that as well. It's not uncommon to see the rare color low mile cars bring that kind of money. Nice car bud!
 

timspony

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I too would have paid what the OP did for a clean 1,600 mile MC Cobra!!

OP, what part of NY?? ....and Congrats :beer:
 

MysticChromeSVT

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I too would have paid what the OP did for a clean 1,600 mile MC Cobra!!

OP, what part of NY?? ....and Congrats :beer:

Thanks !!!! Your comp orange looks badass as well. Im in Scarsdale NY or Westchester county if thats easier. Many cobra owners in my area?
 
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WillyB93

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He did pretty well on the deal, I sold my 950 mile MC car late last year for around that mark. Makes me miss mine!!
 

04MysticCobra

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I just bought my mystic chrome cobra for 32k with 1,600 miles on it. The car is well worth the money and I would have paid even more for it, if needed. I don't under stand how 55K GT500's 3 years later with 10k miles on them are going for the same price as terminators! Maybe someone could fill me in??

Hey Chris,

Glad to see you finally made it here at SVT. That was my car that Chris bought with 1600 miles on her and well worth it. The car never saw a day of water in its life and you could basically eat off of any part of the car. I wanted 33K for the car but settled with Chris at 32K. Cars on line is where it was sold. Now on to the next ride. Enjoy the ride Chris you will have fun with that Mystic.


Steve
 

MustangJim21

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Just wondering what the point of your thread is? Do you think GT500s should be selling for more simply because you paid more for your car than it is worth?
 

MysticChromeSVT

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Just wondering what the point of your thread is? Do you think GT500s should be selling for more simply because you paid more for your car than it is worth?

I was just shocked at the low prices they were going for is all. With a name like shelby attached to it I thought the value might have held a little better.
 

WS6JJP

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congrats on the new car, sounds nice.

not trying to badmouth the mystichrome color but its far from rare, take a look


2004 Ford Mustang Cobra

Black=820
Oxford White=316
Torch Red=477
Silver Met.=551
Redfire=509
Screaming Yellow=299
Comp. Orange=281
Mystichrome=515

Total=3768



2004 Ford Mustang Cobra Convertible

Black=392
Oxford White=128
Torch Red=167
Silver Met.=266
Redfire=209
Screaming Yellow=167
Comp. Orange=72
Mystichrome=495

Total=1896

Overall 2004 Cobra Units Produced: 5664
Overall 2004 Cobra Coupe Units Produced: 3768
Overall 2004 Cobra Convertible Units Produced: 1896
Overall 2004 Mystichrome Cobra's Produced: 1010
 

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