GT350R Question abou Value

[roycemek]

Where are you paying $6-8K in taxes? I think we are capped at $300 here in South Carolina.

To answer your question, if you really want the GT500, buy the R and resell it. Or sell your allocation for a profit and use the money towards a down payment on the GT500.

Really???? Sales tax in alot of CA is 9%. Almost $7-8k in taxes to buy the GT350R. We have to pay taxes on where you live, not where you buy the car.

Sponsored

 

[OW_GT350R]

Yeah. I live in South Carolina and the car is coming from a dealer in South Carolina. We have a max cap of $300 sales tax on our cars. Now, property tax is a different story. I have no idea how much I will have to give for that, but would estimate around $1000 a year.

 

[PP0001]

You will lose $6-8K in tax and the $7500 ADM.No matter how you look at it your out $15k.

Obviously you have no idea about vehicle taxes in South Carolina.

:headbonk::headbonk:

 

[PP0001]

Yeah. I live in South Carolina and the car is coming from a dealer in South Carolina. We have a max cap of $300 sales tax on our cars. Now, property tax is a different story. I have no idea how much I will have to give for that, but would estimate around $1000 a year.

It is less than that and all depending on what you do with your car.

 

[OW_GT350R]

It is less than that and all depending on what you do with your car.

Uhm, what do you mean, depending on what you do with your car?

 

[PP0001]

Generally speaking, buyers interested in the GT 350 are not going to be interested in the GT 500 - the character of the cars will be very different. That said, IMHO the GT 350Rs (and all but a handful of the GT 350s) will be sold long before the GT 500 hits the market.

I totally agree with your comments that buyers of the new generation Boss 302's and GT350's are a totally different breed than owners and enthusiasts of the GT500.

I have had a number of GT500's, Boss 302's and GT350's and personally would never go back to a GT500 car and after numerous conversations in recent years with various Ford management and instructors based out of Utah they also confirmed that in their opinion the small block/naturally aspirated Boss 302/GT350 cars were by far their favorites.

No question that the new GT500 will be a much improved version of the last 8 year model run but until it comes out and proves me different I personally will stick with the high winding/naturally aspirated small block cars and very happy to do so.

PS: I hope that Ford does not plan to build another ~50,000 GT500's as they did from '07 to '14 as it reminds me of what GM has done with the C6 and C7 Corvettes with almost one on every corner.

:cheers:

 

[PP0001]

Uhm, what do you mean, depending on what you do with your car?

Send me a PM with your contact information and I will call you sometime this weekend and will provide you with some of the details.

I suggest that we are neighbors and that we don't live very far apart.

 

[ghostrider]

I say wait for the 500 and please pm me the info for the car. LOL

 

[DrumReaper]

Yeah. I live in South Carolina and the car is coming from a dealer in South Carolina. We have a max cap of $300 sales tax on our cars. Now, property tax is a different story. I have no idea how much I will have to give for that, but would estimate around $1000 a year.

I paid a little over $400 for my property taxes on my R in SC.

 

[machsmith]

The gt500 will not threaten the R in any way, in regard to sales. R will be sold out regardless. The NA car is a better long long term hold than a turbo, IMO. Still wont stop me from getting the new GT500, but don't know if I'll keep it for 10 or 20 years like I could a NA. I'm booting a '14 GT500 for a 350R and welcome it. large step down in power (over 225HP), but I have no problem at all doing it. I'd jump on the R, if you don't someone else will, for sure.

 

['Merica]

Yeah. I live in South Carolina and the car is coming from a dealer in South Carolina. We have a max cap of $300 sales tax on our cars. Now, property tax is a different story. I have no idea how much I will have to give for that, but would estimate around $1000 a year.

Yeah property tax is dependant on what county you live in. Lexington county (where im from) youre probably looking at close to $2k in property taxes on a $70k car. Usually counties with better schools means youre going to pay more in property tax.

And even if you buy an out of state car, you still pay $300 max in sales tax. I bought mine originally in Baltimore and only paid $300 compared to like $4500+ in Maryland taxes.

 

[Drmac]

So, I just got the call that I am #1 to order my Dealer's GT350R allocation. I know you guys don't like ADM, but they are offering it at MSRP+$7500. I think that is a fair deal, but have concern about one thing.

I really like the GT350R, but I think that if the rumors of a monster '18 GT500 hold true, the GT350R will become easier to attain. WHat are your thoughts on the likely performance differences between the R and the next MY GT500? Do you guys think the R will hold enough value to ensure I don't take a complete bath on the R if I decided to upgrade to a 500 in a year or two? Thank you in advance.

Asking the same questions as I am looking at couple 350r also but way more than 7.5k ADM , at that price I would definitely take the allocation , most of my offers are at 25k+ADM .. I agree the 500 will be a different car and the 350r is to good to pass at that price .. Good luck .Good to see some other SC car guys in the 350r boat as I am !!

 

[stanglife]

The 350R is like the GT3 and the 500 will likely be like the Turbo S. How much less desirable is the GT3 with the Turbo S out there? Different strokes....no pun intended.

 

[machsmith]

Wish they had a "no thanks" button sometimes. Seems like we have a new member on our site just to talk down the car. Says a lot about character right there. Nice job sport!

 

[Shift]

Wish they had a "no thanks" button sometimes. Seems like we have a new member on our site just to talk down the car. Says a lot about character right there. Nice job sport!

As evidenced by the lack of troll, the mods are lightning fast at removing them.

Sponsored