PP0001
Well-Known Member
- Joined
- Jun 9, 2015
- Threads
- 53
- Messages
- 4,835
- Reaction score
- 5,655
- Location
- Both Sides of the Border
- Vehicle(s)
- 2021 CTR LE (126 & 581)
We all know timing is so important when it comes to the decreased or increased value of many HP vehicles and in the case of the ~3,650 R models produced over the 6 model year run I am not all that surprized at the recent increased appreciation/value factor for these outstanding performing, looking and very cool vehicles.I completely agree. When someone owns a car, it’s up to them what they do with it—they can trash it like he owner of this 2020 GT350R did:
(I guesstimated that it would cost about 8k-10k to put that car back to stock, oh and for some reason they ditched the R splitter for the base model splitter and put Cooper tires on it)
That said, as much as I hate it, it was his car and that owner did what he did—treated it as a canvas to show that he had lots of money and horrible taste, but it fit his boat.
If I could wish anything, like the people in the article that I posted, I wish that the car community started to view taking care of a car as more valuable than a wrapper low miles car. A car that was well maintained and cared for should be worth more than the car that was never used. Idealistic maybe, but I think the car community would be a lot better off if I didn’t hear from friends about their 350R or brand new Ford GT who are afraid to drive their car past 2000 miles for fear of value drop.
As one Ford Perfromance engineer told me when he recalled someone saying that they have a ‘93 Cobra R with 2000 miles on it. He said that he told them “Great, but you missed the point of the car—drive it, enjoy it!”His belief is that as long as you take care of it, it’s still a rare car—it still has value.
After owning lots of Mustangs, I’m used to seeing them drop like a rock in value. When I bought my R, I believed that it had a chance of becoming a classic and the possibility of appreciating instead of depreciating. I would’ve still bought it if that was not in the cards, because I loved the car so much. That appreciation happened way faster than I expected but we are starring down the gun of electrification, so it’s not surprising as it is the last of the greats of an era that will soon be lost.
As you mentioned there is no question that electrified vehicles (including all future models of Mustang) are just around the corner but not only is that a key factor with respect to the high demand for the 2015 to 2020 GT350R's but there are other key factors as well which are driving up the prices on the R model.
Other important factors for increased demand includes key aspects such as the R model only coming with a manual transmission, naturally aspirated engine, carbon fiber wheels, carbon fiber rear wing, rear seat delete, high revving and very unique FPC engine, resonator delete, outstanding braking, suspension & steering, choice of Base, Electronic and 1 year HEP models, incredible aural exhaust sound, and the list goes on as to the keen interest in these very desirable cars.
It is my opinion that Ford will never again design, engineer or produce such an outstanding example of an ICE Mustang Shelby GT350 as they did with the 6 year run of the 2nd generation GT350R's therefore it should be no surprize that these cool cars have and will continue to be coveted by many automotive enthusiasts all over the world and for many years to come.
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