Prices are on the rise......

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The car has damage at one point in its life

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[CorralesR]

Just noticed Diamond Motorworks just listed the 20 R that they won on BaT last month for 99.8k. They won the auction at 83k I think plus 5 percent fee that put the total over 87k. Plus shipping. Be interesting to know if they sell it and make money.

 

[stanglife]

https://bringatrailer.com/listing/2020-ford-mustang-shelby-gt350r-36/

Wheres that guy who was looking for a blue no stripe low mile 19-20 R in the 70s? I heard no one likes 350s anymore so this should sell cheap

 

[Blacknine]

I'm hoping to find a nice GT350 in April, have prices been continuing to rise each month or have they held in the mid 50s?

 

[stanglife]

Nice first post - Didn't you get enough last time?

 

[Blacknine]

Nice first post - Didn't you get enough last time?

?? I've never posted on this forum before

 

[MAGS1]

I'm hoping to find a nice GT350 in April, have prices been continuing to rise each month or have they held in the mid 50s?

Around here, base 350’s are listed in the mid $50’s to high $60’s depending on year and mileage. There’s one in the high $40’s with an accident on the Carfax. R’s start in the $70’s and go up from there. As mentioned above, Diamond Motorworks has one listed for $99.8k.

 

[sublime1996525]

Around here, base 350’s are listed in the mid $50’s to high $60’s depending on year and mileage. There’s one in the high $40’s with an accident on the Carfax. R’s start in the $70’s and go up from there. As mentioned above, Diamond Motorworks has one listed for $99.8k.

It's the same here. Although prices have been dropping some.

 

[CorralesR]

2017 FORD SHELBY GT350R (barrett-jackson.com)
This just hammered for 75k plus the 10 percent buyers fee.

 

[stanglife]

Fair price for 2017 r w/ 4700 miles (I think)

 

[rush0024]

I'm posting my auction records for all 2020 R models. I used to keep track of all model years but it became a little bit too much work as A LOT of R's were sold last year. Outside of 2015 MY the 2020 looks to be the most valuable and it's the year that I own so this is the reason why I chose to keep tracking that year.

Based on my records, I have seven 20R’s being sold in 2021, and thirty being sold in year 2022. Platforms include Bringatrailer, Mecum, Barrett Jackson, PCarmarket, and Carsandbids. Here are the results of these auctions. Keep in mind this is for 2020 GT350R’s only. These prices also represent the final price of the car including buyers fees.

2021
Average price R + Heritage
$119,343

Highest Price
R - $143,000 (Went to Vin001)
Heritage - $172,000

2022
Average price R + Heritage
$127,857

Highest price Heritage
$180,212 (568 miles on BaT in April 2022)

Average price Heritage R
$150,901

Average price R
$101,521

Highest price R
$127,000 (Went to Magnetic Grey with 40 miles on BaT, Nov 2022)

Couple notes here. There was only two Heritage Rs sold in 2021. The first was sold in May of 2021 for 88k (what a deal) and it was before the market for Heritage R’s took off. The Heritage R sold in November 2021 on BaT for $172,000 really set this market on fire.

The peak for GT350R’s was clearly between March and June 2022. From there the market dipped a little then stabilized. It appeared to be on the rise again following the excellent result of that Magnetic Grey auction in November of $127,000, but it appears it has dipped a little again. I suspect that once Ford finally releases the final numbers for the 2020 MY that the prices will go up even more.

I will post an update after Q1 on how 2020 R's are doing so far this year.

Updated #1: Left out a couple cars from each year after reveiwing classic.com. All numbers should be accurate now.

 

[stanglife]

With this type of report, I've seen many times where the lowest and the highest price items are omitted from the average. Curious how that changes anything.

 

[rush0024]

With this type of report, I've seen many times where the lowest and the highest price items are omitted from the average. Curious how that changes anything.

It doesn't. For R's, if you take out the high ($127,500) and the low ($78,225), the end results are basically the same. $99,172 average. Did the same thing for the Heritages and it came out $1,000 higher.

 

[CorralesR]

https://www.classic.com/m/ford/shelby-mustang/3rd-gen/gt350r/
You guys probably already know of this site. But it tracks the R models that have sold on auction sites and some dealers.

 

[rush0024]

https://www.classic.com/m/ford/shelby-mustang/3rd-gen/gt350r/
You guys probably already know of this site. But it tracks the R models that have sold on auction sites and some dealers.

I reviewed the cars listed on this site and found a few that were not on my list. I'm not including any that are not mentioned above in the platforms and had fixed prices. I've updated the numbers above.

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