Buying a GT500 and not touching it to sell later?

[Andrewe781]

If you had the money, would you buy a 2022 GT500 and keep it pristine? How likely would it be that they could increase in value if you hold for 5-10 years maybe even longer?

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[Geodudes550]

If I had a GT500, I’d drive it every single day.

 

[Andrewe781]

I have a 2020 and freaking love it, just curious is getting another one and keeping it perfect would be worth it in the long run

 

[Angrey]

Modern cars are a horrific investment. If you're doing it as a hobby/collector so be it, but if you're trying to make money and make the most money, there's a zillion ways to risk your money for a better return.

When you consider ALL the costs of ownership, insurance, storage, maintenance and then you consider inflation, it takes DECADES before holding a vehicle, even a rare one, becomes positive to the point of a comparable return to other ventures.

 

[Tomster]

If it was the last and greatest, yes. Although low production, not a "put it innthe wrapper and forget about it" kind of car.

For what it is, it is a benchmark in the evolution of Ford Performance.

 

[vinny89gt]

When I see extremely low mile cool cars 20 years later, I think "why didn't anyone enjoy that car?"

 

[Inthehighdesert]

We see statements like this all the time. What makes any of us think that any of them didn’t actually enjoy the cars?
As to the op, the 500’s just don’t need much if anything. If I had a base 500(would like one in rapid red, hoping for a steal but not holding my breath)the only thing that car would need for me personally is down a bit and a really nice set of bronze wheels. The cars are amazing right out of the box.

When I see extremely low mile cool cars 20 years later, I think "why didn't anyone enjoy that car?"

 

[TonyNJ]

If you had the money, would you buy a 2022 GT500 and keep it pristine? How likely would it be that they could increase in value if you hold for 5-10 years maybe even longer?

No.

 

[Evolvd]

If I had another $100K to spend on a Shelby it would have to be one built before 1969

 

[Thomas]

…is a crime and people who do it should be shot and then resurrected and shot again.

Finished your title.

 

[Andrewe781]

…is a crime and people who do it should be shot and then resurrected and shot again.

Finished your title.

Understood, appreciate it!

 

[Jasonb543]

Track this compared to the S&P 500…
Even when cars are great investments( million dollar Shelby's, hemi’ cuda’s etc)….

they are actually lost opportunity cost. Buy $SPY and chill.

 

[Thomas]

Understood, appreciate it!

well in all seriousness, there are much better investments with that kind of money. As incredible as the car is, it would have to be an absolute factory wrapper CFTP car to actually appreciate in value imo. But if it’s just what you have your heart set on, go for it.

 

[Jxp1962]

The only time purchasing and reselling a car was a good investment was during the covid supply chain shortage, it bumped used car prices way up since new cars were hard to find… it only lasted a short time, then vehicles went back to their normal mega depreciation.

 

[Skye]

If I had one, I'd keep it pristine. But also drive it and enjoy it. You can't take it with you. I think one of the best things that could happen is it be passed down through the family to another enthusiast. While having an interesting or unique ride can be fun, the $$$ is meaningless. To me anyway. The aspects of the 1960s cars and their owners I've enjoyed the most are how they came to own those cars and the prior history. Yes, the cars are certainly cool. It's great finding or reading of unique options, colors or configurations. But that's one part of the overall experience.

I met the owner of an S197 GT500 shortly after receiving my car. He'd considered his a significant vehicle in Mustang production. Beautiful ride. Great color and option combo. Driven about 100 mi / 160 km each year. Not long afterwards, he put it up for sale, I think because of the S550 Machs and GT500s. For all the care and preservation, it sold for a bit more than the going market, like +10-20%; his premium for holding a maintaining a car he never drove. I sensed he'd bought it thinking he'd purchased "the one", something that would stand above others over time. In the end, to him, I felt it turned into something of an irritation or a failure. He was more interested in what other people thought of the car, versus how he felt about it himself. I'm not sure he ever enjoyed it.

Before deciding to commit to buying the Mach, I researched 1969/1970 Machs, K-codes, well-optioned GTs. For a grade 1 type car, something recently restored, I found they'd market appreciate a bit each year. But, the value of that restoration would also depreciate a bit each year; it's not worth as much as one restored more recently. Further, because of the absolute appreciation in market value, the price of an agreed value insurance policy would up-tick accordingly. So you're already facing something of a headwind, before considering the costs involved in routine maintenance and cosmetic upkeep. At best, I'd be breaking even. In most cases, I'd be losing money like I am now, while working harder to keep the vehicle looking as nice as it was (when including under hood, under carriage).

YMMV.

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