Prices are on the rise......

[tritus]

I just pulled the trigger on another 2019 R with some miles on it to enjoy... My other 2019 with 830 Miles is in absolute perfect condition, turns out I am not rich enough to drive that one unfortunately...

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[460Fred]

So, I used to say I wouldn't consider an offer less than 500K. (That was my "It's not for sale" price.) I'll probably need to up that to $1M, but I still don't want to see a real offer for 500K because I REALLY like this car and I don't want to see it gone.

I used to have a 66 Shelby that I had to let go when times got tough and I had to make a choice between that or three employees being laid off. I miss that car every day. I don't know if I believe in karma, but if that's real, this car was nice payback. (As soon as the economy in my area recovered, those three people were offered more from other places and jumped. I never let them know what sacrifice I made on their behalf, but inside I felt like a fool for a while.) I tried to buy it back one day when I had the money, but the guy I sold it to in Houston that said he would never sell it flipped it to someone in California. I asked if I could get that person's contact info and he declined.

I insulated myself financially before I started buying cars again, so that won't happen to me in the future, but it was quite the life lesson. That's part of the reason why this car is so special to me, thus why I put such a ridiculous price on it. That's probably hard for cynical people to understand, but if anyone's ever been through a situation like that, they would understand.

The whole no good deed goes unpunished comes to mind.
You did the right thing with those employees, that’s what us business owners have to do sometimes.
Most CEO,s with huge benefit packages just wouldn’t do that.

 

[wingnutt]

lol @ the Johnson measuring contest…

in a thread about car values

 

[wingnutt]

in other, but very related news…

https://www.ebay.com/itm/403545232752?hash=item5df52b9570:g:mywAAOSw7p1iC5Ix

 

[BostonDMD]

So, I used to say I wouldn't consider an offer less than 500K. (That was my "It's not for sale" price.) I'll probably need to up that to $1M, but I still don't want to see a real offer for 500K because I REALLY like this car and I don't want to see it gone.

I used to have a 66 Shelby that I had to let go when times got tough and I had to make a choice between that or three employees being laid off. I miss that car every day. I don't know if I believe in karma, but if that's real, this car was nice payback. (As soon as the economy in my area recovered, those three people were offered more from other places and jumped. I never let them know what sacrifice I made on their behalf, but inside I felt like a fool for a while.) I tried to buy it back one day when I had the money, but the guy I sold it to in Houston that said he would never sell it flipped it to someone in California. I asked if I could get that person's contact info and he declined.

I insulated myself financially before I started buying cars again, so that won't happen to me in the future, but it was quite the life lesson. That's part of the reason why this car is so special to me, thus why I put such a ridiculous price on it. That's probably hard for cynical people to understand, but if anyone's ever been through a situation like that, they would understand.

Lots of respect for you as a CEO, more power to you!

How did you manage to get the LR001 lidk or special connections?

 

[DrumReaper]

in other, but very related news…

https://www.ebay.com/itm/403545232752?hash=item5df52b9570:g:mywAAOSw7p1iC5Ix

No disrespect to Shelby American, but I’ll take my HEPR any day of the week and thrice on Sunday.

 

[Bike4pizza]

there is a non R, 2019, with 4k miles near me at a dealer for 70k.....

Assuming that is the out the door price (without tax) how good of a deal is that at the moment?

 

[astronaut45]

Not sure if there is more to this story, but if you could get this down to 73-74k this is a smoking hot deal. HEP listed for 77k in Cali at a dealership.



https://www.cargurus.com/Cars/inven...Entity=d2303&zip=30809#listing=325612209/NONE

 

[astronaut45]

And it's listings like that that make me want to keep my HEP, if a non R is only worth 75k, I'll drive it and enjoy it, but if it's worth 90k plus, my math starts to change. And if I was a HEP R owner, I'd be in line to cash out.

 

[Mr. Maboomba]

Not sure if there is more to this story, but if you could get this down to 73-74k this is a smoking hot deal. HEP listed for 77k in Cali at a dealership.



https://www.cargurus.com/Cars/inven...Entity=d2303&zip=30809#listing=325612209/NONE

I read that as being a HEP R. I was almost about to make $100K on a flip!
As a HEP base, it looks like it's only about $7K under top of market (https://bringatrailer.com/listing/2020-ford-mustang-shelby-gt350-23/).

 

[astronaut45]

I read that as being a HEP R. I was almost about to make $100K on a flip!
As a HEP base, it looks like it's only about $7K under top of market (https://bringatrailer.com/listing/2020-ford-mustang-shelby-gt350-23/).

Current HEP ceiling is 85k ish, I don't think 100k is unlikely though for the low mileage examples in the coming months/years.

If you could buy one today at 75k, I think it's reasonable to expect a worst case scenario of 80k plus with best case of 100k plus in a year or so. (Assumes no major recession) Certainly never HEP R numbers, but nonetheless strong value.

 

[key01]

Says sale pending

 

[astronaut45]

Ooh, I see that now, not surprising it is already pending at that price.

 

[kc135]

So....did you guys see this one yet? https://bringatrailer.com/listing/2020-ford-mustang-shelby-gt350r-6/

 

[DrumReaper]

So....did you guys see this one yet? https://bringatrailer.com/listing/2020-ford-mustang-shelby-gt350r-6/

It’s a couple pages back. @rush0024 is like the phantom auction watcher. He had us on top of this one within minutes of its posting to BaT.

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