My 2020 HEP R with Shelby-installed GT350SE package. What's it worth?

[NPTR]

My two cents, but I think the car will be worth less over time than a car in “factory condition” as it left Ford. The car is really a Ford Performance vehicle, and modifications via Shelby, albeit the name on the plate, are still modifications and as history has shown us many times over, collector cars in factory condition are almost always worth more, even if the modifications make the car “better”. That to me is just the simple truth.

I also contemplated having my stripes painted on, and while I think it would look and age better, that’s still aftermarket paint work and will decrease the collector value of the car.

If you are comparing two “drivers” cars with normal miles, I bet the values are similar. If you’re comparing two collector grade examples, I think the factory car is worth much more over time.

So, drive it and enjoy every minute, or sell it now and move on, that’s my gut!

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[wingnutt]

I'm guessing the OPs car is about a $125k or so car. The 1100 mile unmodded cars have been going for about $110k with fees on BaT. What say you Wingnutt?

well, here’s a quote I have seen time and time again…and once here recently on BAT;

True values are established by the bidders,
Perceived values are established by the sellers,
May they both meet somewhere inbetwixt!

🫠

 

[Dharri21]

I have the same car 2020 GT350R HE with an SE package. I would never expect it to go for wrapper GT350R HE money.
From what I understand from SA when mine got delivered was that they commissioned 7 of the guardsmen blue 55th anniversary badges and 4 of them went on GT350R HE cars. That was from late '21 so I am not sure how up to date the numbers are.
This car gets alot of attention at shows.

 

[Decible]

My two cents, but I think the car will be worth less over time than a car in “factory condition” as it left Ford. The car is really a Ford Performance vehicle, and modifications via Shelby, albeit the name on the plate, are still modifications and as history has shown us many times over, collector cars in factory condition are almost always worth more, even if the modifications make the car “better”. That to me is just the simple truth.

I also contemplated having my stripes painted on, and while I think it would look and age better, that’s still aftermarket paint work and will decrease the collector value of the car.

If you are comparing two “drivers” cars with normal miles, I bet the values are similar. If you’re comparing two collector grade examples, I think the factory car is worth much more over time.

So, drive it and enjoy every minute, or sell it now and move on, that’s my gut!

We could say the same thing about a 1967 GT500…but it’s been proven at auction a GT500 with a CSM# is worth significantly more than a ‘67 with a ford VIN. In time if Shelby’s still appreciates at the rate they currently do….his car has a CSM# and is part of the Shelby American registry and will be worth more than a 350R that is not in the registry and can’t be in the registry due to it not being built by Shelby therefore it doesn’t have a CSM#. Obviously if the market softens on Shelby American built cars this could change. But at the present moment if the future hold this car will be worth more.

 

[NPTR]

We could say the same thing about a 1967 GT500…but it’s been proven at auction a GT500 with a CSM# is worth significantly more than a ‘67 with a ford VIN. In time if Shelby’s still appreciates at the rate they currently do….his car has a CSM# and is part of the Shelby American registry and will be worth more than a 350R that is not in the registry and can’t be in the registry due to it not being built by Shelby therefore it doesn’t have a CSM#. Obviously if the market softens on Shelby American built cars this could change. But at the present moment if the future hold this car will be worth more.

Are the painted stripes part of the Shelby treatment? If not, that’s significant…non factory paint work would not qualify for collector / museum spec in my opinion.

 

[Inthehighdesert]

Carrol Shelby was at the helm of his company Shelby America at the time is the major factor in that.

We could say the same thing about a 1967 GT500…but it’s been proven at auction a GT500 with a CSM# is worth significantly more than a ‘67 with a ford VIN. In time if Shelby’s still appreciates at the rate they currently do….his car has a CSM# and is part of the Shelby American registry and will be worth more than a 350R that is not in the registry and can’t be in the registry due to it not being built by Shelby therefore it doesn’t have a CSM#. Obviously if the market softens on Shelby American built cars this could change. But at the present moment if the future hold this car will be worth more.

 

[Decible]

Are the painted stripes part of the Shelby treatment? If not, that’s significant…non factory paint work would not qualify for collector / museum spec in my opinion.

They are painted but that can’t be true either. Ford sent regular 65 and 66 GT HiPo 289 Mustangs to Shelby to be converted. They were delivered in white to begin with and then in all kinds of colors and repainted to what ever the customer wanted. The color and stripe package is original to the CSM VIN, it doesn’t matter what the ford VIN is

 

[Decible]

Carrol Shelby was at the helm of his company Shelby America at the time is the major factor in that.

He was also dead in 2014 and these 2014 Shelby 1000’s with a CSM are selling for 30k more than their msrp.

 

[NPTR]

Only time will tell…in my humble opinion, this is truly a “Ford Performance” car at heart, and the Shelby treatment / modification feels like aftermarket modification vs factory enhancement. I may be wrong, but only time will tell as I’m not so sure these past “comps” will matter in 20 years for this particular car. Again, just my two cents.

 

[WItoTX]

Find the right buyer, you will find the right price. The issue with "rare" cars is the admirers of such cars are also rare.

OP, you still have the CF wheels I assume?

 

[Chumley]

Given what you've said, I'd try and get $125k+ for this car (you might be surprised and get more), then turn around and get a low mileage, spotless, regular GT350 for $65-$75K and drive the hell out of it. You put $50K+ back in the bank and you can begin actually driving one of these!

 

[NPTR]

Given what you've said, I'd try and get $125k+ for this car (you might be surprised and get more), then turn around and get a low mileage, spotless, regular GT350 for $65-$75K and drive the hell out of it. You put $50K+ back in the bank and you can begin actually driving one of these!

I second the above - would be my move too - drive it like hell and enjoy every minute…and I’d be tempted to get a super clean Terminator Cobra with the spare change!

 

[svttim]

Carrol Shelby was at the helm of his company Shelby America at the time is the major factor in that.

For those who don't know, Carroll had people in place at Ford prior to his passing. That changes the entire equation. He wanted Ford to understand SA's process. As for the 67 GT500, that's apples to oranges since the Shelby's we all built at Shelby's facility with Ford employees working with Shelby American. 1968 was a different year

 

[JerkyChew]

Thanks everybody. Real life got in the way so I couldn't read and reply sooner. Seriously - I truly appreciate the multiple points of view on this... One person said a bone stock "wrapper" would be worth more; another said that the CSM number really adds to the value, which tells me that at the end of the day it's all about who's signing the check that determines the actual value.


I think the general consensus from this thread though is that, if nothing else, the SE addition doesn't turn it into the equivalent of a super-modded out AutoZone special - My ex girlfriend worked at a Subaru dealership and dudes would show up wanting to trade in their WRX's for book value + the 30 grand of mods they put in, and the dealer would say to go screw because cars like that go directly to the auction.


Let me try and reply to everyone as best I can...

OP, that is a beautiful car. If it were mine, I’d be buried in it before I would sell it.

I hear you, my dream car was always the 67 with stripes and this was my way of getting a modern equivalent. But that's the scary part - All it takes is one dude running a red light and my beautiful car becomes a beautiful disaster, and I almost would rather sell it in pristine shape than risk that.

Did you remove the stickers from the side?

Yes, those are painted side stripes. I was adamant that they had to add the dots so it said G.T. 350 like the original.

I have the same car 2020 GT350R HE with an SE package. I would never expect it to go for wrapper GT350R HE money.

From what I understand from SA when mine got delivered was that they commissioned 7 of the guardsmen blue 55th anniversary badges and 4 of them went on GT350R HE cars. That was from late '21 so I am not sure how up to date the numbers are.

This car gets alot of attention at shows.

Hey fellow SE'er! Yes, I heard the same about the 7 badges when I picked mine up. At the time mine was the only 350 with painted stripes - They said that a few 500s optioned for the paint but I was the only 350. Unsure if that's still the case. They tried to sell me blue Brembo calipers as well but I declined, and I wish I hadn't. I can't find them anymore and think they'd be a good addition.

Are the painted stripes part of the Shelby treatment? If not, that’s significant…non factory paint work would not qualify for collector / museum spec in my opinion.

They are not, and I was thinking the same thing. If you look at one of the pictures above, SA had to strip my car down for the paint treatment and put it all back together again. Plus they added those two pinstripes and I didn't notice until it was too late. So from a purist collectible perspective, the value is pretty much zero. But on the other hand, it's incredibly unique (especially if mine was the only 350SE with painted stripes) and was done by Shelby proper so maybe some rich person would consider that story a bonus? Kind of like one of those misprinted baseball cards or something?

I think what I'm going to do is put it up on BAT or Cars&Bids with a high reserve and see what happens. That will dictate my next move. If I do sell - In a few years will I regret no longer having that one special SE that is getting bonkers money at Mecum? Or will I be glad I sold it for something less "special" that I could drive, because nobody cares about an aftermarket speed-shop cosmetic job? We'll see...

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