https://www.hagerty.com/media/market-trends/hagerty-insider/66-shelby-gt350-sold-for-cheap-but-it-has-stories/
$217,000 cheap ?
That's good money, now I dont know how much was in the car (acquisition cost, maintenance, restoration, miscellaneous)
Maybe the owner took a dive because it was "one of those cars" never ever going to sell it, nothing but the best for this one, it's a rare car etc
But $217 is good cash money today
Wait until years end or the beginning of 2024 the wave is coming and it doesn't look good for our economy. Have your life preservers ready
Cheers !
Quote from: FL SAAC on August 14, 2023, 10:42:10 AM
Wait until years end or the beginning of 2024 the wave is coming and it doesn't look good for our economy. Have your life preservers ready
"Fighting Negativity" my a$$
Practice what you preach in your fantasyland!
Quote from: Richstang on August 14, 2023, 12:44:15 PM
Quote from: FL SAAC on August 14, 2023, 10:42:10 AM
"Fighting Negativity" my a$$
Practice what you preach in your fantasyland!
Hello friend
First we must ask " why so mad " ?
Fighting negativity is a excellent source of enlightening
And I consider myself a very positive person
But having said that, one must be realistic
There is a big storm (this could be another inspirational qoute) brewing, you can decided to prepare or be like an ostrich.
You choice
Wonder if this is another case of AI writing another online article. It does seem to not mention the stories or issues shared in the ad but not sure if this is one of the "stories they referred to in the hyperlink "sold-for-cheap-but-it-has-stories/". One being the "it was equipped with a new front body clip among other required parts." Pictures appear to be reused from at least the BJ auction earlier this year.
As far as "cheap" verses "expensive" that's up to the buyer and seller I think
Quote from: FL SAAC on August 14, 2023, 10:42:10 AM
$217,000 cheap ?
That's good money, now I dont know how much was in the car (acquisition cost, maintenance, restoration, miscellaneous)
Maybe the owner took a dive because it was "one of those cars" never ever going to sell it, nothing but the best for this one, it's a rare car etc
But $217 is good cash money today
Wait until years end or the beginning of 2024 the wave is coming and it doesn't look good for our economy. Have your life preservers ready
Cheers !
I think real good money considering it was stolen and Stripped. Not original Motor or Trans or Wheels or many Body Parts as well.
Quote from: FL SAAC on August 14, 2023, 10:42:10 AM
Wait until years end or the beginning of 2024 the wave is coming and it doesn't look good for our economy. Have your life preservers ready
Cheers !
Before long, you will be able to buy as many as you want for $80k ::)
For cars like ours, people buy what they want and what they can afford. Some can afford more than others. The market determines value and this is a perfect example. Someone wanted this car and this is what they thought it was worth. No one else thought it was worth more. For those of us who are enthusiasts rather than investors (or speculators), we don't really care what the market thinks. If the market "tanks", it won't matter to some of us.
Quote from: Sfm6sxxx on August 14, 2023, 02:47:09 PM
Quote from: FL SAAC on August 14, 2023, 10:42:10 AM
Wait until years end or the beginning of 2024 the wave is coming and it doesn't look good for our economy. Have your life preservers ready
Cheers !
Before long, you will be able to buy as many as you want for $80k ::)
You know it could happen
Quote from: NC TRACKRAT on August 14, 2023, 03:06:33 PM
For cars like ours, people buy what they want and what they can afford. Some can afford more than others. The market determines value and this is a perfect example. Someone wanted this car and this is what they thought it was worth. No one else thought it was worth more. For those of us who are enthusiasts rather than investors (or speculators), we don't really care what the market thinks. If the market "tanks", it won't matter to some of us.
Very well expressed and we whole heartily agree with you
For us it's the fun factor to be enjoyed, we never bought as "an investment" . Are they worth more than what we paid and gave in them, I would say that's a big YES
I use to own #006....
Glad to see someone restored it
Quote from: NC TRACKRAT on August 14, 2023, 03:06:33 PM
For cars like ours, people buy what they want and what they can afford. Some can afford more than others. The market determines value and this is a perfect example. Someone wanted this car and this is what they thought it was worth. No one else thought it was worth more. For those of us who are enthusiasts rather than investors (or speculators), we don't really care what the market thinks. If the market "tanks", it won't matter to some of us.
I have advised people to never buy anything that they don't want to get stuck with. I own what I love. I lust after cars that I am not willing to pay for.
Quote from: JohnSlack on August 14, 2023, 07:20:03 PM
Quote from: NC TRACKRAT on August 14, 2023, 03:06:33 PM
I have advised people to never buy anything that they don't want to get stuck with. I own what I love. I lust after cars that I am not willing to pay for.
And that my friends is the one if the keys to being happy
A big plus one !
+1. Great advice that I have always followed and didn't know it until this quote.
All we need now is someone to post a photo of their dinner, some shamwow investment advice, and a cat video.
Quote from: FL SAAC on August 14, 2023, 01:28:54 PM
Quote from: Richstang on August 14, 2023, 12:44:15 PM
Quote from: FL SAAC on August 14, 2023, 10:42:10 AM
"Fighting Negativity" my a$$
Practice what you preach in your fantasyland!
Hello friend
First we must ask " why so mad " ?
Fighting negativity is a excellent source of enlightening
And I consider myself a very positive person
But having said that, one must be realistic
There is a big storm (this could be another inspirational qoute) brewing, you can decided to prepare or be like an ostrich.
You choice
So I assume you sold all of your investments and bought gold? Art? More classic cars? What state did you move to? The wave will be coming to your neck of the woods more than others due to your weather changing. Funny in that running into friends Monday while on vacation they have relatives who sell real estate down in Florida and don't recommend buying any down there. Weather, cost of insurance. I think you'll see the wave but maybe that hot sun you are in every day is frying your brain. LOL.
Really Tony, I've heard that wave crap for years now usually pushed by those trying to scare people in buying gold. Quick, in the last 50 years(40 years etc) what is the rate of the stock return as opposed to buying and holding gold? Sooner or later there will be another market correction, downward in housing prices(I remember when Florida tanked in the 2000s and seems the sharp rise lately over the last few years is prime for a correction with those being priced out of their homes because of a variety of things like insurance costs). " Like large parts of the southern tier of the Lower 48 states, many locations in Florida are poised to have their hottest summer on record, with the list of places including Key West, Miami, Sarasota, Tampa and Pensacola."
Quote from: 427hunter on August 15, 2023, 06:48:16 PM
All we need now is someone to post a photo of their dinner, some shamwow investment advice, and a cat video.
You got it............ Here is my Plate of "Skinny Pig Boneless Pork Chops".
Quote from: shelbymann1970 on August 16, 2023, 07:45:57 AM
Quote from: FL SAAC on August 14, 2023, 01:28:54 PM
Quote from: Richstang on August 14, 2023, 12:44:15 PM
Quote from: FL SAAC on August 14, 2023, 10:42:10 AM
"Fighting Negativity" my a$$
Practice what you preach in your fantasyland!
Hello friend
First we must ask " why so mad " ?
Fighting negativity is a excellent source of enlightening
And I consider myself a very positive person
But having said that, one must be realistic
There is a big storm (this could be another inspirational qoute) brewing, you can decided to prepare or be like an ostrich.
You choice
So I assume you sold all of your investments and bought gold? Art? More classic cars? What state did you move to? The wave will be coming to your neck of the woods more than others due to your weather changing. Funny in that running into friends Monday while on vacation they have relatives who sell real estate down in Florida and don't recommend buying any down there. Weather, cost of insurance. I think you'll see the wave but maybe that hot sun you are in every day is frying your brain. LOL.
Really Tony, I've heard that wave crap for years now usually pushed by those trying to scare people in buying gold. Quick, in the last 50 years(40 years etc) what is the rate of the stock return as opposed to buying and holding gold? Sooner or later there will be another market correction, downward in housing prices(I remember when Florida tanked in the 2000s and seems the sharp rise lately over the last few years is prime for a correction with those being priced out of their homes because of a variety of things like insurance costs). " Like large parts of the southern tier of the Lower 48 states, many locations in Florida are poised to have their hottest summer on record, with the list of places including Key West, Miami, Sarasota, Tampa and Pensacola."
Geez Louise.....lets start the morning right
Good morning Gary and how did you sleep last night ?
Everything you have mentioned, I have been posting at :
Before you move to Florida consider new taxes, insurance and other idiosyncrasies
https://www.saacforum.com/index.php?topic=23158.0
Forget gold, cash is king and you are correct the real estate correction will hit the hardest in all markets that experienced unusually high growth.
And finally I will have to say again $217 was good coin for that 1966 GT350
Enjoy the ride and take care!
Tony, I don't know about good coin at 217K as it is a carry over and they command higher prices than the regular 66s. I do know on that particular date and time that is what it was worth to one person. The next day could be 250K or 150K. If the average price according to Hagerty is 50K higher then it is what it is...
Quote from: shelbymann1970 on August 16, 2023, 08:53:40 AM
Tony, I don't know about good coin at 217K as it is a carry over and they command higher prices than the regular 66s. I do know on that particular date and time that is what it was worth to one person. The next day could be 250K or 150K. If the average price according to Hagerty is 50K higher then it is what it is...
One has to follow the vehicles "provenance"
Provenance as the experts call it, I call it history or an old cars turbulant past, because back in the day they where all used cars road hard and put away wet.
Look at reply numero cinco
#5
" Not original Motor or Trans or Wheels or many Body Parts as well.
I think real good money considering it was stolen and Stripped. "
Again $217 cash money in hand today is very good
Let's all just enjoy the moment, sold, sold, sold
Quote from: FL SAAC on August 16, 2023, 09:03:17 AM
Quote from: shelbymann1970 on August 16, 2023, 08:53:40 AM
Tony, I don't know about good coin at 217K as it is a carry over and they command higher prices than the regular 66s. I do know on that particular date and time that is what it was worth to one person. The next day could be 250K or 150K. If the average price according to Hagerty is 50K higher then it is what it is...
One has to follow the vehicles "provenance"
Provenance as the experts call it, I call it history or an old cars turbulant past, because back in the day they where all used cars road hard and put away wet.
Look at reply numero cinco
#5
" Not original Motor or Trans or Wheels or many Body Parts as well.
I think real good money considering it was stolen and Stripped. "
Again $217 cash money in hand today is very good
Let's all just enjoy the moment, sold, sold, sold
Maybe someone can explain the term "Cash Money" because ever since I first heard that I thought it was the dumbest thing I have ever heard in the car culture. Money is CASH. CASH means currency. So "Cash Money" is redundant and dumb in my book. I cringed every time Danny on counting cars-and I like Danny- would whip out a bunch of folded bills and said "cash money". Maybe I'm in the minority on this but I think that is a dumb term.
I understand your interpretation but what is meant is money in the form of cash rather than checks, money orders, etc
I have had people tell me I'm paying cash and the next day here comes a bank check.
Not the same a check vs U.S. currency with those beautiful presidents on them.
Back to the topic $217 fantastic amount for said vehicle
Quote from: shelbymann1970 on August 16, 2023, 08:53:40 AM
Tony, I don't know about good coin at 217K as it is a carry over and they command higher prices than the regular 66s. I do know on that particular date and time that is what it was worth to one person. The next day could be 250K or 150K. If the average price according to Hagerty is 50K higher then it is what it is...
I too think it sold right considering it didn't have it's original Drivetrain, Wheels and some Body Panels.
Quote from: tesgt350 on August 16, 2023, 09:14:47 AM
Quote from: shelbymann1970 on August 16, 2023, 08:53:40 AM
Tony, I don't know about good coin at 217K as it is a carry over and they command higher prices than the regular 66s. I do know on that particular date and time that is what it was worth to one person. The next day could be 250K or 150K. If the average price according to Hagerty is 50K higher then it is what it is...
I too think it sold right considering it didn't have it's original Drivetrain, Wheels and some Body Panels.
+ 1
I've spent almost 50 years buying cars including about 40 Mustangs and not once did I ever use the term CASH MONEY. Never has anyone who wanted cash said cash money. They would say CASH only. Cash is money. Redundant and stupid. Never heard of check money, money order money, bank note money, etc.
Quote from: shelbymann1970 on August 16, 2023, 09:29:36 AM
I've spent almost 50 years buying cars including about 40 Mustangs and not once did I ever use the term CASH MONEY. Never has anyone who wanted cash said cash money. They would say CASH only. Cash is money. Redundant and stupid. Never heard of check money, money order money, bank note money, etc.
Gary you are just smarter then everyone else. ;) (not meant in a bad way) Unfortunately we do not live in a perfect world . You will be surprised then how many times when people and my self included were making deals where I have been first hand and second involved that you had to stipulate "cash money" or "green dollars" so as to emphatically reinforce what you wanted. You had to lay it out in simple terms so there could be no honest mistake. After so many times where people ignorantly thought that a check or cashier check was the same as cash rather then waste time and possible problems later you used improper English to get your point across a head of time. This seemed best to head off problems first rather then risk arguments over the merits of cash/casjier check vs. cash (green dollars :D) etc. later . Some times the buyers were truly ignorant and other times their intent was hopping your greed would get you to accept the check, cashier check etc. claiming a honest mistake but with malicious intentions later. After they have the goods threatening to stop pay or give them a better deal claiming items were not as claimed. These are just a few of possible scenarios. Also I was in the retail furniture business for over 40 years before retiring and heard the terms regularly from customers wanting to bargain with me.
Quote from: Bob Gaines on August 16, 2023, 11:13:00 AM
Quote from: shelbymann1970 on August 16, 2023, 09:29:36 AM
I've spent almost 50 years buying cars including about 40 Mustangs and not once did I ever use the term CASH MONEY. Never has anyone who wanted cash said cash money. They would say CASH only. Cash is money. Redundant and stupid. Never heard of check money, money order money, bank note money, etc.
Gary you are just smarter then everyone else. ;) (not meant in a bad way) Unfortunately we do not live in a perfect world . You will be surprised then how many times when people and my self included were making deals where I have been first hand and second involved that you had to stipulate "cash money" or "green dollars" so as to emphatically reinforce what you wanted. You had to lay it out in simple terms so there could be no honest mistake. After so many times where people ignorantly thought that a check or cashier check was the same as cash rather then waste time and possible problems later you used improper English to get your point across a head of time. This seemed best to head off problems first rather then risk arguments over the merits of cash/casjier check vs. cash (green dollars :D) etc. later . Some times the buyers were truly ignorant and other times their intent was hopping your greed would get you to accept the check, cashier check etc. claiming a honest mistake but with malicious intentions later. After they have the goods threatening to stop pay or give them a better deal claiming items were not as claimed. These are just a few of possible scenarios. Also I was in the retail furniture business for over 40 years before retiring and heard the terms regularly from customers wanting to bargain with me.
Welcome to the " New World " you are spot on todays reality.
Cash Money. Dead Presidents. C Notes. Benjamin's. Jacksons.
Show me the money.....that cash money!
That 1966 surely is a nice car
Real world or not "Cash money" is stupid. I don't see people say cash benjamins. Cash Jacksons. It appears many missed my point. It is redundant. Also it is a term I had not seen used until Danny Koker started using it on his show and it makes me shake my head even more as he was FLASHING the cash when he said it so it was pretty obvious the seller wasn't mistaken by him paying by check, money order etc. But then again like cash money there are a lot of other slang terms that are just as dumb. At 63 I have done thousands of transactions buying things. Usually I hear them ask cash or credit. Never cash money or credit. Get it?
Stupid yes, however in the real world it is still used all of the time. That is my point .
Quote from: Bob Gaines on August 16, 2023, 12:43:21 PM
Stupid yes, however in the real world it is still used all of the time. That is my point .
Sir you are on point
Plus UNO !
Yes, I use "Cash Money all the time. More lately. I had a 5x8 Open Utility Trailer in my Yard for sale along with my CS Licensed 2003 Tribute Edition Shelby Convertible several Months ago. A man stop by to ask about the Trailer and a guy that was with him then ask about the Car. After telling the man about the Trailer I told the other guy about the Car. Next thing I knew the man decided to buy BOTH. He asked how I wanted paid, I told him "Cash Money" Biden don't need to know anything about this. He agreed and brought me CASH the next day. I am using it to pay for my new Home A/C System next week.
Quote from: shelbymann1970 on August 16, 2023, 12:14:49 PM
Real world or not "Cash money" is stupid. I don't see people say cash benjamins. Cash Jacksons. It appears many missed my point. It is redundant. Also it is a term I had not seen used until Danny Koker started using it on his show and it makes me shake my head even more as he was FLASHING the cash when he said it so it was pretty obvious the seller wasn't mistaken by him paying by check, money order etc. But then again like cash money there are a lot of other slang terms that are just as dumb. At 63 I have done thousands of transactions buying things. Usually I hear them ask cash or credit. Never cash money or credit. Get it?
Not only that, but the car "needs restored."
Quote from: shelbymann1970 on August 16, 2023, 12:14:49 PM
Real world or not "Cash money" is stupid. I don't see people say cash benjamins. Cash Jacksons. It appears many missed my point. It is redundant. Also it is a term I had not seen used until Danny Koker started using it on his show and it makes me shake my head even more as he was FLASHING the cash when he said it so it was pretty obvious the seller wasn't mistaken by him paying by check, money order etc. But then again like cash money there are a lot of other slang terms that are just as dumb. At 63 I have done thousands of transactions buying things. Usually I hear them ask cash or credit. Never cash money or credit. Get it?
Well before Danny used it , it had been used in many barrios and African American neighborhoods. So Señor Danny cannot claim it's his, comprendes ?
Also people fail to recognize that when using "cash money" no additional fees or encumbrances will be absorbed by the buyer or seller.
Slang terms or dialects are not dumb, by comprehending them, using them in the proper terms just may allow you to continue your travels safely through out their kingdoms
Man that 66 is kool car !
Quote from: deathsled on August 16, 2023, 01:52:24 PM
Not only that, but the car "needs restored."
That irks me more than 'cash money', lol!
Quote from: CharlesTurner on August 16, 2023, 02:40:29 PM
Quote from: deathsled on August 16, 2023, 01:52:24 PM
Not only that, but the car "needs restored."
That irks me more than 'cash money', lol!
See that's why at $217 its maximum " cash money "
1 Needs restored
2 All the maladies mentioned by some that I was not aware
3 The economy about to tank
4 Hold on tight !
https://www.youtube.com/watch?v=0E0E3_c8AxA
Quote from: 427hunter on August 16, 2023, 02:57:38 PM
https://www.youtube.com/watch?v=0E0E3_c8AxA
LMAO that is funee!
what is the current market for a very correct no stories driver these days?
Quote from: CharlesTurner on August 16, 2023, 02:40:29 PM
Quote from: deathsled on August 16, 2023, 01:52:24 PM
Not only that, but the car "needs restored."
That irks me more than 'cash money', lol!
For sure that one is another classic!