Market

[Rickkyyr8]

Hey guys, looking to get a 350R to pair with my 500. I’ve had a 350 in the past and reluctantly sold it. Just like any other vehicle the market is sky high right now as everyone knows. No one knows the future but I’m hearing the market is “supposed” to come back down to earth late this year early next year, what’s everyone else’s thoughts? I don’t want to buy one and then take a massive hit within the year

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[matthewr87]

Personally I think anyone who buys a car right now will be left holding the bag in short order. As far as the GT350Rs go, people will claim that the values will stay as they are now or even increase because of the desirability and collectability of the cars. It is difficult to say however because the GT350 was discontinued just as the car market started going crazy. So did values go up because the GT350 was shit-canned or was it the overall market clusterfuck? Could be both I guess.

 

[UpACurb]

I look at it like S2000s - when discontinued values maintained with lower mileage nicely kept stock examples keeping close to MSRP - (around low 30s)

I havent checked the prices recently but even before COVID- nice examples were in the high 20s

Edit- just checked bring a trailer- still in high 20s with 30K to 40 K miles- there is an S2000CR which was like the R that is on bring a trailer right now with under 10K miles for 71K with 3 days left- this was a car that had an MSRP for 40K back when new in 08/09

S2000s had a total production of about 66K units-

So yes- the values of GT350s could go down sharply- but there are some cars that had small dips but never really lost value after being discontinued - I think if you could still buy a new GT350 in the 60s- that the values would be lower than they are today

(Tried to make comparison without using exotic cars)

 

[Inthehighdesert]

Ford is telling dealers inventory’s won’t be back to normal till 9/10 of 23. I don’t see the value’s changing any time soon, if at all. The one thing that most completely overlook is as time goes on the really nice examples that come available will continue to decrease. As the availability decrease’s it will only cause the value’s to remain. If anyone thinks the value’s will somehow drop 15-20k, think that’s wishful thinking. The other thing, how many have we seen post on here looking for a deal or asking this very question. That in itself shows how strong the demand is for these cars.

 

[Whopperman]

It all depends, I don't think it will anytime soon, I'm saying this solely based on the Truck market and what I hear from dealers. Lets say that everything drops 20% in 2 years and everything goes back to normal (probably will be longer) and you the price goes from 80k --> 64k, is it worth it to YOU to spend the "extra" 16k, but get to enjoy it for longer and not keep checking in to see when/if prices ever drop

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