Depreciation/long-term value?

[SuperSnake]

Any 'educated guesses' on value/depreciation levels of the GT350? I'm planning on getting one, trying to figure out when to.

New cars should all depreciate, but I don't see that happening with the GT350. New ones are still being marked up, used ones are still pretty pricey.

MSRP of approx $60k. Best guess on what a 2017 will be worth what in 2 years, 5 years? At some point (20 years?), it may go up in value as a classic car.

What do you think? I'd like to get one to hold onto. So, depreciation may not be a big concern. But, on the other hand, I can wait some time, if they decline in value.



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[firestarter2]

I think short unless some major long term issue with the GT350 they will hold their value for a while. There is no GT500 yet. Its still the best looking mustang and its combination of performance and track prep means it has no real competition.

If the car is worth 30k in 5 years ill be happy with that.

 

[SuperSnake]

I think short of some major long term issue with the GT350 they will hold their value for a while. There is no GT500 yet. Its still the best looking mustang and its combination of performance and track prep means it has no real competition.

If the car is worth 30k in 5 years ill be happy with that.

Good feedback. Thanks. So, even though it's a limited edition vehicle, you think it could (optimistically) lose half of its value in 5 years. So, depreciating like a regular car.

 

[Rated R]

Depreciation starts from MSRP and goes down from there. They'll keep their value better than a GT for now, but when the next SE Mustang is revealed by Ford we will see a sharper decrease in value. That's the cycle of these cars.

 

[SuperSnake]

Depreciation starts from MSRP and goes down from there. They'll keep their value better than a GT for now, but when the next SE Mustang is revealed by Ford we will see a sharper decrease in value. That's the cycle of these cars.

Wait for the GT500 to come out and then look to pick up a GT350? But still expect it to depreciate from there?

 

[crazymayhem]

Im guessing that it may stay high in the next few years, and then drop when the next greatest thing hits (GT500 and/or equivalents). When they hit midterm, theyll probably go for cheap - or maybe not. Who knows...

I didnt buy this car as an investment though. I bought it for its fun factor. Its something else, a true US exotic car - which makes it even more exotic. Ive always looked at pcars - but they dont do it for me. Performance wise - yes, price - no and to be honest, there are a lot out there - and they are all very similar - though you could say that for the Mustang as well

Though I do hope that our GT350s will have something of a revival 20-40 years from now similar to the original Shelbys and go for good money - if I do decide to sell it at that time. But im not expecting it - and I doubt I plan to sell it ;)

 

[mattlqx]

Here's my guess at an amortization schedule.

2017 Elec/Conv Package: MSRP $60k

Used values in the year:
2017 $55k
2018 $48k
2019 $41k
2020 $36k
2021 $32k
Dropping $2k/yr subsequently down to the low-to-mid $20k and probably stay there. See Terminator values.

The biggest drop will be whenever they announce/start shipping "the next best Mustang", guessing late this year.

 

[SuperSnake]

Here's my guess at an amortization schedule.

2017 Elec/Conv Package: MSRP $60k

Used values in the year:
2017 $55k
2018 $48k
2019 $41k
2020 $36k
2021 $32k
Dropping $2k/yr subsequently down to the low-to-mid $20k and probably stay there. See Terminator values.

The biggest drop will be whenever they announce/start shipping "the next best Mustang", guessing late this year.

Good estimates. But, think a $5k drop after year 1? It seems like 2016s, pre-owned, are still at MSRP.

 

[mattlqx]

Good estimates. But, think a $5k drop after year 1? It seems like 2016s, pre-owned, are still at MSRP.

1 year and 10k miles, yes. Actual selling prices are going to be less than what you see people or dealers asking. At this point, somebody getting MSRP on a used '16 is pretty far-fetched. Some are buying new '17s at under MSRP.

 

[SchultzLT1]

I'll disagree with the above. My MSRP is 59,040 and I'd be willing to bet I could get 55k in the chicago market this summer. I think in 5 years we will still see $40-$45k for nice GT350's and probably $35-$37 for something more used.

 

[SF-2015 GT]

As with most recent performance cars, the Shelby models should hit their lowest point around year 7, then slowly rise (unless they have really low miles, rare combination of color or options, provenance, etc.). Currently, there seem to be more buyers than available cars, but by 2018, that should be closer to parity. The fact that cars become available closer to MSRP or under proves the demand is less than supply. The recent Challenger Hellcat promotion demonstrated what happens when you overproduce. I'm sure the GT350's won't do that...

 

[Rated R]

Wait for the GT500 to come out and then look to pick up a GT350? But still expect it to depreciate from there?

I would say that if you are interested in a GT350 then that would be a great way to do it if you have the willpower.

 

[Wayne Turner]

If they would just quit making the car we have a chance. Especially if the 5.2 doesn't find its way back in anything else. My GN in my mind is a good example. Drive train exotic for it time. MSRP was somewhere around 17k. Now the car is worth 30k or so. It has a chance....

 

[nastang87xx]

It's not German so at least it's got that going for it.

ZING! Who needs to aloe for that burn!

 

[Spacebird]

Depreciation starts from MSRP and goes down from there. They'll keep their value better than a GT for now, but when the next SE Mustang is revealed by Ford we will see a sharper decrease in value. That's the cycle of these cars.

I agree. Look what low mileage S197 Boss 302s are selling for:

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