Prices are on the rise......

[Postal Bob]

Did not get as much as we thought.

Still got more than msrp when new. But it was a 2016, and in the description it listed the recalls on it, that still had to be performed.

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[rush0024]

82.5k was the final price. 2016 is not a desirable year and black is not a rare color. Other than it still being new there isn't anything special about this particular R. That was a good result for this car.

*Edit*
$147,400 for the 2015 GT350R

 

[PP0001]

82.5k was the final price. 2016 is not a desirable year and black is not a rare color. Other than it still being new there isn't anything special about this particular R. That was a good result for this car.

*Edit*
$147,400 for the 2015 GT350R

Great result with respect to the hammer price for today's 2015 Shelby GT350R that sold at BJ in LV and also very happy for the new owner.

Back in the early Spring of 2016 I had a great friend of mine who owned two 2015 Shelby GT350's one of which was a Tech Pack car and the other was a Track Pack car.

My good friend and fellow car buddy wanted to sell one of his 2015 GT350's and asked me which one he should sell after which time I suggested that he sell his Deep Impact Blue with White OTT stripes 2015 Tech Pack car which only had 33 miles on it at the time.

He then asked which auction house he should consign his car with after which time I suggested that he consign his car with Mecum Auctions and gear up for their May 2016 Mecum Indianapolis auction and should also think of a reserve price for his car.

Once it was agreed upon that "F0136" would go to auction in Indy for May 2016 he then asked me to drive his car across the auction block so that he could focus and concentrate on all that happens very quickly over the ~90 seconds on the auction block.

Don't recall exactly where his reserve price was set for "F0136" but do know that when the smoke cleared "F0136" hammered for $135,000 which ended up being $148,500 OTD which I believe is still the highest price paid to date for a 2015 GT350 non R model.

Obviously times have changed but would suggest that overall the GT350/R prices are still on the rise especially when you take into consideration "F0016" which just sold for $115,500 at Kissimmee last January and was still on the MSO (never titled) and had less than 100 miles on that car compared to today's 2015 GT350 namely "F0010" which had more miles on it and was previously titled and sold for ~$32,000 more than the untitled 2015 R model from last January.

All this suggests that present pricing is still very good and in some case prices continue to increase for the values for our GT350/R's.

 

[stanglife]

We gon-be rich!

 

[DrumReaper]

We gon-be rich!

Photoshopped price?

 

[dom418]

Photoshopped price?

No lol. Just checked myself.
https://bringatrailer.com/listing/2020-ford-mustang-shelby-gt350r-3/

 

[L3D FOOT]

Bidder error!

 

[L3D FOOT]

Repeated message

 

[stanglife]

When you have so much money, it doesn't matter where the decimal point is.

 

[460Fred]

Can someone give us a breakdown on all the fees the seller and buyer have to pay at these auctions.

 

[72&18]

Can someone give us a breakdown on all the fees the seller and buyer have to pay at these auctions.

BJ:

• On-site Buyer's Premium: 10%
• Absentee Buyer's Premium: 12%

 

[Arcadia]

I've noticed lately that the prices of R's have gone up a ton and GT350 prices are rising too. Might want to get one soon before they become crazy priced!

COVID plus Semiconductor shortage equals lack of inventory and higher prices due to demand outpacing supply. That is the primary reason prices are up generally at all price points (And used and new inventory). I was talking to a dealer a short while ago and they were selling their loaners because they could not get adequate inventory.

 

[dom418]

COVID plus Semiconductor shortage equals lack of inventory and higher prices due to demand outpacing supply. That is the primary reason prices are up generally at all price points (And used and new inventory). I was talking to a dealer a short while ago and they were selling their loaners because they could not get adequate inventory.

While the above is certainly playing a role, anyone who has followed the value of the 350 over the last 12 months can attest to the fact that this car has broken the curve compared to the typical used car inflation we are seeing.

You want a new F150 for example, none are available so you have to turn to the used market which drives up demand/prices. Nobody is looking for a new 350 as they are discontinued as they are for other new cars and trucks.

My 2020 mustang GTPP2 for example which I bought for $52,000 out the door last year just sold for $48,000. There aren’t many new mustangs on dealer lit’s which drove up the price of my car approximately $5000 compared to what it should’ve been.

In looking at my R models they are worth approximately $20,000 more than they were 12 months ago. These cars are just extremely hot at the moment which in my opinion, is the biggest reason we are seeing the prices that we are. Plus people have lots of disposable income at the moment.

 

[PP0001]

82.5k was the final price. 2016 is not a desirable year and black is not a rare color. Other than it still being new there isn't anything special about this particular R. That was a good result for this car.

*Edit*
$147,400 for the 2015 GT350R

Just curious as to what you base your comments on with respect to the 2016 MY not being desirable from an R model standpoint?

Was it not just a couple weeks ago that a 2016 R model sold for $93,500 OTD at the Mecum Auction in Tulsa which was ~$30,000 above the MSRP for that car?

How many Pony cars from the 2016 MY can say that they could be sold for ~46% above their suggested MSRP after that short period of time?

I suggest that any of the 6 model years for an R model are very desirable including the 2015 launch year and of course the final 2020 model year and would also suggest that the elusive 4 year run for the 135 Base R models would also fall into that very desirable category as well.

 

[460Fred]

BJ:

• On-site Buyer's Premium: 10%
• Absentee Buyer's Premium: 12%

Wow. What are the seller fees?

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