Which Is A Better Buy?

PhotoRick said:

A brand new Bullitt or this?

http://cgi.ebay.com/ebaymotors/ws/e...ADME:B:SS:US:1123&viewitem=&item=320279312362

Click to expand...

Can't speak for the new Bullitt but as for the 01 the buy it now is way too high imho. With the 01 Bullitt market being the way it is now I think the owner will be lucky to fetch 16 for that car. It is a nice car and very low mileage for sure, it's just a bad market right now. As a point of reference I picked up #0005 with similar performance mods (add the T56) more mileage (27k at the time) but debatably a more historically interesting car and certainly a lower build number for significantly less than the buy it now for the car on Ebay.
So you could look at it like this, if you could get the 01 for 15-17 you'd have a car for half the price of the new one that would most likely be a superior performer. Plus with the newer edition there will be nothing but depreciation for years to come, while the 01's have hopefully reached the bottom now.
Having said all that, if I could afford a new one while keeping the 01 I'd probably do it, not many of my automotive decisions have been sound financially.....

I agree with John - the 01 is overpriced. Even though it really is a good value at it's 'Buy it now' price of $25,900 considering how clean it is and the amount spent on mods.

The reality is that it is really only worth around the $17K that John threw out there. John drew a comparison to his car and I will do the same to mine.

My car was purchased with 6800 miles on it and probably more money spent in mods by the previous owner than the car that is for sale. (See My Garage for details). I bought this car 2 years ago for about 5K less than the 'buy it now' price on THIS car. In the age of $4.00 a gallon gas a reality, I just don't think the price is realistic.

But it looks to be an incredible car. I understand Photo Rick's comparison but the 08 is DEFINITELY worth more. Do I think it is a better car? Not necessarily. Which would I rather have? Since I have a modded 01, the 08 would be a no-brainer. It might be difdferent if I could only have one and would be 'stuck' with it (making the current difference in values a non-issue).