This car is a great investment - IMBOC
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post #1 of 7 (permalink) Old 01-04-2020, 03:56 PM Thread Starter
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This car is a great investment

Yep, I can hear the salesman say it now. So, back in 2007, some poor guy believed, bought the car, and stored it away. He just knew that in 10-12 years somebody would offer far more than he paid for it.

2007 Shelby GT500 with only 900 miles on the clock. In a couple of days, somebody might end up with a nice driver after sorting things out. First thing I'd suggest is new tires...the original tires are downright dangerous.

Anybody hazard a guess to the final price bid? I'll guess $35K.

https://bringatrailer.com/listing/20...helby-gt500-5/
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post #2 of 7 (permalink) Old 01-04-2020, 05:07 PM
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You're right about the tires. I'd be more concerned about the brake hoses, dried out seals in the drive line, and other time related degradation.
I'd rather buy a car that had been driven regularly with ten times the mileage.
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post #3 of 7 (permalink) Old 01-04-2020, 06:04 PM Thread Starter
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Couldn't agree more...."sorted out" would involve quite a bit...while hoping seals weren't shot, engine internals hadn't corroded, , etc. Cars need to have their fluids circulated or they atrophy.
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post #4 of 7 (permalink) Old 01-05-2020, 10:37 AM


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A good friend of mine has a 2008 Shelby with about 2000 miles on it. He drives it to the Ford dealer every year for an oil change then parks it again, maybe goes to one or two nearby car shows a year. $650 a couple of years ago when mice ate through something. He’s now starting to spend real money on it to keep it sitting. You are right about the hoses and all going bad, that is where he is now along with the ongoing mice damage.

But he knows he is going to make a fortune, a huge return on his investment, when he goes to sell it. Some day. I already have a fortune in memories and friends I’ve made plus I have a great ride!

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post #5 of 7 (permalink) Old 01-06-2020, 04:16 PM Thread Starter
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Final bid $25,500. Reserve not met.
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post #6 of 7 (permalink) Old 01-06-2020, 06:15 PM

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I had a friend who had to have a 2007 Shelby GT500...……...paid somewhere between $10K and $15K over MSRP...……..just to have the first one around.

He sold it a couple of years later at a big loss.

My 2010 GT500 had an MSRP of $49,995. In 2016, it sold for $35,000. I bought it right and didn't lose much......that's a very long story.

None of these cars will hold value...……….a least in my lifetime. Yes there are a few muscle cars out there worth mega dollars, but they are few. If you put $3500 in a CD in 1965...……….it would be worth more than a muscle car.

In the end it costs to have fun!!! Maybe a guy needs to have some fun every now and then!
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IT MUST BE THE GREEN!!!!
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post #7 of 7 (permalink) Old 01-07-2020, 03:44 PM Thread Starter
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Quote:
Originally Posted by Marguerite View Post
A good friend of mine has a 2008 Shelby with about 2000 miles on it. He drives it to the Ford dealer every year for an oil change then parks it again, maybe goes to one or two nearby car shows a year. $650 a couple of years ago when mice ate through something. He’s now starting to spend real money on it to keep it sitting. You are right about the hoses and all going bad, that is where he is now along with the ongoing mice damage.

But he knows he is going to make a fortune, a huge return on his investment, when he goes to sell it. Some day. I already have a fortune in memories and friends I’ve made plus I have a great ride!
Better not show him that auction. Depression is a bad state to get into.
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