New for 2017 GT350

[Rogue]

I am going to be one of those peons in 2017, cant wait.

Best car in the 130k and under category - by a longshot.

You're going to love it.

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[Evolvd]

Anyone who buys a new car with the expectation it's going to be worth more in the future is already gambling and most likely going to lose. Auto's are the worst investment ever and very few actually earn money. Using Mecum as a benchmark is laughable at best.

 

[DrumReaper]

Au contraire mon ami... This car is one of the best investment-to-fun ratio ever!

 

[HoosierDaddy]

Anyone who buys a new car with the expectation it's going to be worth more in the future is already gambling and most likely going to lose. Auto's are the worst investment ever and very few actually earn money. Using Mecum as a benchmark is laughable at best.

Yes. Although I did sell the two Oldsmobiles I special ordered for more than I paid for them new after one year of ownership. Only one had anything to do with the brand though. But those profits were a drop in the bucket compared to the depreciation on the other ~40 new vehicles I've bought. LoL

I could sell my '78 TransAm WS6 for much more than I paid for it in '78 but that's mostly just the value of a dollar thing.

 

[firefisher]

Anyone who buys a new car with the expectation it's going to be worth more in the future is already gambling and most likely going to lose. Auto's are the worst investment ever and very few actually earn money. Using Mecum as a benchmark is laughable at best.

Auto's are the worst investment ever and very few actually earn money. Using Mecum as a benchmark is laughable at best:
You are wrong about this, Go research 2007 Porsche gt3 RS and 2004 Ferrari Stradale.
2007 GT3 RS signal green 2011 worth $105K today over $195K
2004 Ferrari Stradale 2011 worth $145k today over $225K
1965 - 2001 Air Cooled Porsche 911 2011 on average worth $70K today over $150K average
This is just a few examples. This is a warehouse near me that has hundreds of exotic and muscle cars sitting in it. 85% of the owners are from overseas and never even seen the cars in person. Mostic are exotics or rare muscle cars with big blocks. They are bough as investments because real estate sucks, stocks too risky, and Euro is down. Gold is the next best thing.

You are right about buying a new car and thinking it will go up as an investment. Yes it happens but only temporarily until the demand dies down. example 2014+ Porsche GT3 RS, Porsche GT4, Ford GT350 Chevy Z06, Ferrari 458. Anyone buying a GT350 over MSRP mostly likely does not care about the resale. They want it now so they can enjoy it, have a bragging right and have fun. Nothing wrong with that if you can afford it. I personally will wait and buy at the price I'm comfortable with.

 

[Evolvd]

How am I wrong? I said "VERY FEW CARS"...I didn't say "no cars". And any financial analyst will agree that autos are a poor investment. No one on here was talking about buying a 1967 GT350 or very limited availability German and Italian Super Cars...we're talking about buying NEW with the expectation of it being worth money.

Reading comprehension escapes so many people...:frusty:

 

[Rated R]

How am I wrong? I said "VERY FEW CARS"...I didn't say "no cars". And any financial analyst will agree that autos are a poor investment. No one on here was talking about buying a 1967 GT350 or very limited availability German and Italian Super Cars...we're talking about buying NEW with the expectation of it being worth money.

Reading comprehension escapes so many people...:frusty:

People can't read man. This happens to me all the time lol...

 

[Spa2k]

The last 10 years, you could have made a huge amount of money in the collectible car auction market - far more than if you'd just planted your investments in stocks. However, as with the stock market, you needed to know what you were doing - just look at the up-down-up-down cycle of Ferrari pricing or the up-down-up cycle of Porsche pricing. Mecum's customers are doing better percentage-wise because they've been investing in American muscle cars, which have shown a pretty steady, if a little bumpy, increase. Mecum's Arizona auction last month was the only one that showed an increase over last year.

Neither stocks nor collector cars are places to play with money you can't afford to lose. The only people who will make serious money on GT 350s now are '15 owners who sell the cars before summer - or wait 5 years until most V8s disappear because of the upcoming CAFE standards - or 20 years when the GT 350s reach "classic" status.

 

[morjo02]

Cars are meant for pleasure or a necessity and not really meant for an investment.

 

[bdub85]

Anyone who buys a new car with the expectation it's going to be worth more in the future is already gambling and most likely going to lose. Auto's are the worst investment ever and very few actually earn money. Using Mecum as a benchmark is laughable at best.

The stock market is a casino too. lol My portfolio has been demolished the past year. Granted I'm in long positions.

I don't count on this car being an investment, but I think it has potential to be. I don't think we will see many cars with v8's like these that rev over 8k and make this much power. All these new laws and regulations are going to make it impossible to do in the future.

 

[Mustang_Scotty]

If the new blue is anything like this color on the 17 I am going to really be pissed. Can anyone confirm the actual new blue?

[ame="[MEDIA=youtube]ElacSGehdzA[/MEDIA]"]

 

[toofast]

The stock market is a casino too. lol My portfolio has been demolished the past year. Granted I'm in long positions.

I don't count on this car being an investment, but I think it has potential to be. I don't think we will see many cars with v8's like these that rev over 8k and make this much power. All these new laws and regulations are going to make it impossible to do in the future.

You are in some bad stuff if your portfolio has been demolished by a 10% correction. Get some better advice or go into index funds.

 

[EF300]

Cars are meant for pleasure or a necessity and not really meant for an investment.

Just like women !

 

[R 350 gt Donson]

As I mention in another thread my contact at FORD say it was close a guardsman blue...for what its worth,:cheers:

 

[R 350 gt Donson]

^^^ believe it or not those are both guardsman blue.....aka lighting blue?

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