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GT350 Investment Potential

FATTBoss

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Here in VA property taxes would kill any kind of investment potential.
I hear ya there! I got a tax bill on my '12 Boss from the state of VA for over $1,200.00 last year. I sent them proof that I has moved and it was dropped to around $350.00 for the three months the car was still registered to VA.

Taxes on all 3 cars in our house for last year in WV was less than $600.00.
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Jimdohc

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Please tell me how I can use my new GT350 as a tax shelter.
that info is part of our Bilderberg Group indoc class. You will be assigned a mentor to help decipher the information. Hope to see you at our next meeting. in the mean time, don't pull a Wesley Snipes.
 

speedrx

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Don't expect it to be a great investment, the original GT350R's were hand built by Shelby, only 34 or so built, and have a racing heritage. It still took a long time for these to become collectable. The new GT350 will be built by Ford and they will probably build 5,000 of them. There will be a lot of low mileage examples around for many years.

Buy it, drive it and have fun but if you are looking to invest, better off in real estate over the next 50 years.
 

TorkN8R

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We all know if we had bought a 1965 GT350 or GT350R when released and held onto them they would be worth quite a bit of money today. What do you think the investment potential is going to be for the new GT350, GT350R and GT350S?? Will history repeat itself??
I get your premiss, but generally speaking...a car isn't a good investment. Considering the rapid depreciation after driving it off the lot. Sure it will eventually go the other direction over time but, you'd have to...

Purchase with a low number. Never drive it or not very much. Take the wheels off put the GT350 on jack stands. Wrap the tires to protect from out gassing. Prep the motor and tranny for long term storage. I.e. Drain to protect from the potential of pitting due to contaminates. Wait about 40 years and then take that baby to Barrets Auction House. Could be worth quit a bit of money by than.

Thats if the EPA hasn't banned the conbustion Engine by than for crimes against Humanity.
Tongue in cheek guys...don't bring the hate!
 

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Kodyray72

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thumper

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just take a look at boss 302 used prices. it would have to be a very low build number in the single digits or be the equivalent of a laguna seca (eg. fully optioned out, but the latter will still depreciate, albeit at a slower rate...
 

RocketGuy3

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With what interest rates are on CDs lately, we may as well "invest" in cars and future car technologies. Every other texting jackass is going to need a self-driving POS pretty soon; just wait. They can get high, text and play video games, all while the car takes them to work. Perfect for half our dim-witted population. Not sorry, if I just offended. :)
I love cars and driving and am sad to think that self-driving technology + the growing apathy towards automotive magic from young people (including people my own age, sadly) is going to lead to the death of the sports car within a few decades... but with that said, I can't wait for autonomous cars. They will make our world so much better in so many ways.
 

Jimdohc

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I love cars and driving and am sad to think that self-driving technology + the growing apathy towards automotive magic from young people (including people my own age, sadly) is going to lead to the death of the sports car within a few decades... but with that said, I can't wait for autonomous cars. They will make our world so much better in so many ways.
Just ride the bus. it's today's version of autonomous cars. All without changing the whole system and reducing our freedoms.
 

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RocketGuy3

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Just ride the bus. it's today's version of autonomous cars. All without changing the whole system and reducing our freedoms.
You don't have to worry about your freedoms being reduced anytime soon just because of autonomous cars. Sports cars will be around for a while still, and if you're that afraid of technology, odds are you'll be dead (or at least too old to drive) before you HAVE to accept changes.

... I won't even bother addressing the bus v autonomous cars thing, though, since we both know that's a ludicrous comparison.
 

oldlugs

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...I can't wait for autonomous cars. They will make our world so much better in so many ways.
Highly disagree that they'll make anybody's world "better in so many ways". Safer for many of us, possibly; fewer texting a-holes swerving into my lane like they're drunk, I hope. Actually better for getting the druggies & drunks home safely, maybe. If people paid attention to driving though, we wouldn't need self-driving cars. For any of you here who know the original Mini (now known as "classic Mini"), Sir Alec, the main designer (and brilliant man), didn't even want to see a radio in those cars... He thought they were too much of a distraction and contributed to accidents. Things have really changed since then, and sadly, not all for the better. Guess I'm just one of those Luddites who believes we should enjoy our driving, be thankful for the privilege and be responsible while doing so.

Anyway, back to what the thread was about, you're unlikely to make any $ by "investing" in modern Mustangs...but then, I may be wrong. If you can buy one & have fun for many years, that's how your investment will pay off; it's all in the memories and fun you've had with the car. If when you're tired of the car you can sell for a decent price, you're still doing OK. I still think that you can make more in real estate than buying cars, especially new cars. :)
 

Jimdohc

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You don't have to worry about your freedoms being reduced anytime soon just because of autonomous cars. Sports cars will be around for a while still, and if you're that afraid of technology, odds are you'll be dead (or at least too old to drive) before you HAVE to accept changes.

... I won't even bother addressing the bus v autonomous cars thing, though, since we both know that's a ludicrous comparison.
haha... funny. I'm not worried, afraid or old. I'm just being realistic. If we must redesign civilization. Let's focus our recourses on finding ways to live closer to work or bring work closer to home. That would solve most of our fuel consumption, emissions, commute times, and traffic problems. All without rendering 260 million cars (in the USA) virtually obsolete. I make value judgments based on timeless principles not what's limited to my lifespan or what's being pushed by corporations & govts. Businesses will charge satellite/nav/software/network month subscription to keep the autonomous car running (think cell phone). Govts will tax travel based on mileage, peak traffic times and at some progressive rate.

I think if you open your mind. Outside of technology, you would see buses & autonomous cars have similarities. Anyway, it's not important. Hope you know I was originally just making a simple comment and wasn't trying to offend you.
 

RocketGuy3

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Highly disagree that they'll make anybody's world "better in so many ways". Safer for many of us, possibly; fewer texting a-holes swerving into my lane like they're drunk, I hope. Actually better for getting the druggies & drunks home safely, maybe. If people paid attention to driving though, we wouldn't need self-driving cars. For any of you here who know the original Mini (now known as "classic Mini"), Sir Alec, the main designer (and brilliant man), didn't even want to see a radio in those cars... He thought they were too much of a distraction and contributed to accidents. Things have really changed since then, and sadly, not all for the better. Guess I'm just one of those Luddites who believes we should enjoy our driving, be thankful for the privilege and be responsible while doing so.
It will increase productivity for all, too, and allow people who couldn't otherwise drive to do so (the blind, the physically handicapped, children, etc). Not to mention that buses, cargo trucks, taxis, etc will all be unmanned and become cheaper. Then there's all the time it will save people who don't care about driving. Then there's the fact that they will be FAR safer and more efficient than the average human driver, and still safer than even best, most sober, most attentive human drivers.

"Everyone should enjoy driving as much as me" is not a solution that can even begin to compare. But I'm guessing we're not going to come to an agreement on this... based in part on your username. ;)


haha... funny. I'm not worried, afraid or old. I'm just being realistic. If we must redesign civilization. Let's focus our recourses on finding ways to live closer to work or bring work closer to home. That would solve most of our fuel consumption, emissions, commute times, and traffic problems. All without rendering 260 million cars (in the USA) virtually obsolete. I make value judgments based on timeless principles not what's limited to my lifespan or what's being pushed by corporations & govts. Businesses will charge satellite/nav/software/network month subscription to keep the autonomous car running (think cell phone). Govts will tax travel based on mileage, peak traffic times and at some progressive rate.

I think if you open your mind. Outside of technology, you would see buses & autonomous cars have similarities. Anyway, it's not important. Hope you know I was originally just making a simple comment and wasn't trying to offend you.
It seems ironic that I'm being told to open my mind by someone who has such a strange view of incredibly amazing technology. Buses are not remotely as versatile or accessible as autonomous cars are for those with the resources to use either.

And all those 260 million cars are not going to become obsolete overnight. As for the rest of your concerns... They really have no need to do that. No one is charging subscriptions for GPS devices already out there, why would that change? And why would the government have to tax driving any differently than it does now just because computers were driving instead of people?
 

wproctor411

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It will increase productivity for all, too, and allow people who couldn't otherwise drive to do so (the blind, the physically handicapped, children, etc). Not to mention that buses, cargo trucks, taxis, etc will all be unmanned and become cheaper. Then there's all the time it will save people who don't care about driving. Then there's the fact that they will be FAR safer and more efficient than the average human driver, and still safer than even best, most sober, most attentive human drivers.

"Everyone should enjoy driving as much as me" is not a solution that can even begin to compare. But I'm guessing we're not going to come to an agreement on this... based in part on your username. ;)



It seems ironic that I'm being told to open my mind by someone who has such a strange view of incredibly amazing technology. Buses are not remotely as versatile or accessible as autonomous cars are for those with the resources to use either.

And all those 260 million cars are not going to become obsolete overnight. As for the rest of your concerns... They really have no need to do that. No one is charging subscriptions for GPS devices already out there, why would that change? And why would the government have to tax driving any differently than it does now just because computers were driving instead of people?
Your taxes put the GPS satellites in space so you paid for it and will continue to do so until the end of life! Computers fail too frequently and are easy to hack so no thanks to Autonomous driving. That will get screwed up big time and since government will be involved = guaranteed failure.
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