When no one cares about your "Shelby"...
https://bringatrailer.com/listing/2006-ford-mustang-shelby-gt-h-9/
Guessing the seller made a big mistake making the auction "no reserve"...........
Let's memorialize this great buy at $18,500!
This should be under the flashing yellow alert as STOLEN....helluva buy
You could part this out and double your money
And as I have previously stated :
Take your time, plenty for sale
Keep checking hemmings and b.a.t. good deals abound
https://www.saac.com/forum/index.php?topic=29139.0
Merry Christmas
No Reserve: 38-Years-Owned 1969 Shelby Mustang GT500 Convertible 4-Speed for sale on BaT Auctions - sold for $134,000 on April 28, 2024 (Lot #144,847) | Bring a Trailer
https://bringatrailer.com/listing/1969-shelby-mustang-gt500-convertible-7/
Single-Family-Owned 1969 Shelby Mustang GT500 Convertible for sale on BaT Auctions - sold for $105,000 on June 17, 2024 (Lot #150,956) | Bring a Trailer
https://bringatrailer.com/listing/1969-shelby-mustang-gt500-convertible-8/
Quote from: rdmgt500 on December 30, 2024, 11:47:04 AMGuessing the seller made a big mistake making the auction "no reserve"...........
Big Plus One !
Disclaimer: Sorry if I ramble a bit with my response below.
Quote from: Coralsnake on December 30, 2024, 11:27:49 AMWhen no one cares about your "Shelby"...
https://bringatrailer.com/listing/2006-ford-mustang-shelby-gt-h-9/
BAT, like Mecum and Barrett Jackson, does not make a market, it might steer it a bit, but it takes two people who want a specific vehicle to drive the price up. When it comes to auctions, online or in person, I try to make it a point to know exactly who I am bidding against. The privacy changes that you saw Ebay take in the mid 2K's can be attributed to quite a few sellers who got caught (quite publicly I might add) using their spouses or friends accounts to drive the prices up on the vehicles they were selling. The patterns are still there if you know what to look for, just like certain cars on BAT and C&B's. Live auctions, you need your head on a swivel, as there are times where the bids seem to come out of nowhere, yet they are actual live bids in the house, and not attributed to the fine print of the auction terms and conditions where they state that they can essentially artificially inflate the bid price up to the reserve.
In the case of these late model, mass produced cars, which they continue to create new "limited editions", unless you plan to house them in a bubble for the next generation of your family to sell, they will continue to depreciate as the buyer pool shrinks with each sale. Where you get in to a contrasting opinion on such things, is 85% of the time from those who own such a vehicle, their inherent bias is obvious to everyone but themselves.
Again, just my two cents worth on this subject. But what would I know about such things.
Bill
Quotethey will continue to depreciate as the buyer pool shrinks with each sale. Where you get in to a contrasting opinion on such things, is 85% of the time from those who own such a vehicle, their inherent bias is obvious to everyone but themselves.
Agreed.
Another
https://bringatrailer.com/listing/2006-ford-mustang-shelby-gt-h-11/
Another
https://bringatrailer.com/listing/2007-ford-mustang-shelby-gt-38/
https://bringatrailer.com/listing/2008-ford-mustang-shelby-gt500-coupe-45/
I kinda miss the time when owning an older, even "collectable" classic, was all about the enjoyment of "old cars" and not the so prominent today's impression of collectable monetary profitability! ::)
Scott.
Looks well bought to me. Enjoy the car while here. No one ever sees a U Haul following a hearse.
:) ;D :P
I would not let that bother anybody? It is a Cyclical world . The cars that are hot now and will always be is 65 to 72 . Just my Opinion.
I have to admit that I fell under the spell back in the 2006-2008 Shelby days. I was so excited that Shelby was getting back together with Ford that I went out and rented the 2006, 2007 and the 2016 GT-H cars. Back in 2007 I really wanted to buy one of the GT-H cars but I was not willing to get an automatic. Then I found out there were 4 sticks made in 2006 and 17 sticks made in 2007. I found one of the 2007 GT-H sticks, for sale, here on the SAAC web site. It was owned by a Hertz executive out of Oklahoma City so I bought it, flew to Oklahoma City, drove it to Vegas, stored it there for a couple of years then brought it home. I still own that car and it has right around 10,000 miles on it. I bought that car to drive it and enjoy it.
I also have a ridiculous collection of GT-H items from back in the day along with most of the GT-H stuff that was at the old North Las Vegas museum. I've also got a 68 GT500 convertible that I've owned since 2006 and a 93 5.0 triple black 5spd convertible. All my cars have been full of adventure and a pleasure to drive over the years.
I have to confess that my passion, now, is towards race cars. 65 GT350R's, FR500's, BOSS 302S's, FP350S's, the incredible Ford GT MKII and MKIV and the new Dark Horse R. I still love my 68 GT500, my 07 GT-H and my 93 GT 5.0 but they just don't light my fire like my 2013 BOSS 302S does when I'm out there on track. You wanna talk about depreciation and a money pit? Get yourself a race car AND a shovel. When you own and track a race car, all you'll ever need is a shovel......so you can just keep shoveling money at it ;D. My Uncle told me that. He's been involved in drag racing for 65+ years and boy, was he right.
I'm happy that I've been through a few different Ford and Shelby genre's and I'm very happy that my new Ford racing passion is burning bright. Honestly, who gives a shit about the money. One day I'm gonna be dead.
QSS
Quote from: Steve Z on December 30, 2024, 09:49:00 PMI would not let that bother anybody? It is a Cyclical world . The cars that are hot now and will always be is 65 to 72 . Just my Opinion.
Digging thru some old magazines last year I came across one from the mid 80s with a 65 GT350 and a 67 427 Vette on the cover, under the title of Blue Chip collector cars. 40 years later nothing has changed in that regard.
As the owner of a 08 Shelby-GT I enjoy everything about the car. This was my first new car purchase. I can't sell it for what I paid for it but maybe that will change over time. It gets driven to work, for pleasure and vacation. During SAAC-49 I spoke to members who stated that they paid around $1500 for their first Shelby from the previous owner. Did anybody think that a 65-70 Shelby would be worth what they are valued today? Until that time I am going to drive my car as Shelby intended them to be. I have a co-worker who keeps his 07 Shelby in a bubble and can't understand how I could drive my car the way I do. Have a great day fellow Shelby owners.
I passed on a quite nice, '67 GT500, 4-spd., white w/ blue stripes, black interior, sitting on a used car lot, because the Dealer was stuck on $4500 and I wasn't going to pay more than $4200, which at the time I thought was quite generous! ::)
Scott.
Market value, good ole honest bidding.
Quote from: 67 GT350 on December 31, 2024, 04:53:27 PM.............good ole honest bidding.
As having attended and participated in many an auction format of selling "stuff", and at times being very well aware of the behind the scenes ongoings, I've pretty much given-up on the general idea of accepting the vocabulary of "honest" being utilized to describe most any "auction"! ::)
Scott.