[shelbymotorsports]

Has anyone looked at the NADA pricing on the Hertz cars?

From a $73,00 low to a $90,000 high for the 2006 model.

Aren't they selling in the low $30k range?

Steve

[one_quik_pony]

shelbymotorsports, on Nov 22 2008, 01:48 PM, said:

Has anyone looked at the NADA pricing on the Hertz cars?

From a $73,00 low to a $90,000 high for the 2006 model.

Aren't they selling in the low $30k range?

Steve

Sure! Battered economy, still quite new...they will come around.

[old guy]

shelbymotorsports, on Nov 22 2008, 01:48 PM, said:

Has anyone looked at the NADA pricing on the Hertz cars?

From a $73,00 low to a $90,000 high for the 2006 model.

Aren't they selling in the low $30k range?

Steve

The NADA price is the average that dealers are selling used cars for. Many dealers play a little trick with trade-ins. When someone buys a used car and have a trade-in, they inflate both the trade in value and the sales price on the paperwork so it doesn't affect the price or tax that the customer pays on the negotiated deal. If there's no trade they up the price by a few thousand then put some kind of internal discount in it to bring it back down to the negotiated price. If you question it they hand you some story that it helps them to meet their "numbers" but not to worry, it won't affect the price you're paying. Usually by then the customer has already negotiated the deal and just wants to get the paperwork over with so they can leave. A buddy of mine who sold cars for a while admitted that a lot of dealers do it specifically to keep the NADA book prices up. I asked him if he realized that they were also inflating the average trade in price and he said they could always find some way to give less than NADA on the trade in. Either the market for your car is soft or they will be sending the car to auction, or they find something wrong with it... you get the picture.

[shelbymotorsports]

Wonder what CarMax offers on a Hertz Shelby? I'm guessing that its nowhere near the NADA guide prices.

I understand NADA prices have always been a little high but I don't recall any 2006 Hertz selling for $73-90k except maybe for one going thru B-J.

Steve

[bullittmansparts]

Most people paid in the low/mid $30's last year,myself included. In a few years they should take off.

[JeffJ]

shelbymotorsports, on Nov 22 2008, 05:49 PM, said:

Wonder what CarMax offers on a Hertz Shelby? I'm guessing that its nowhere near the NADA guide prices.

I understand NADA prices have always been a little high but I don't recall any 2006 Hertz selling for $73-90k except maybe for one going thru B-J.

Steve

The first 30-40 of them which sold at the begining of 2007, did sell in that range. That's probably the last time NADA did research on this car? I don't know. I saw many dealers pay 60-65K at auction for these cars at the begining of 2007, as I was watching intently. The one that I rented back in June 2006, #100, was purchased at $59K at auction by a local Ford dealer. 6 months later, I offered 50K for the car and they wouldn't do it. They ended up loosing about $20K each on three of the cars they bought early in the going. The first few sold on E-bay in the $80-$85K range. They ended up droping like a rock after mid 2007. Then in early 2008, they droped in the low $30K range. They may drop a bit for over the next year, then hopefully turn back up. Who knows.

[shelbymotorsports]

Thanks JeffJ.

I didn't follow the prices back then and all I can say is yikes. I guess its the same for the GT500 owners that paid big ADM's back then.

I got a phone call the other day from a local TS members who says the dealer near him is selling brand new Shelby GT's for $29k

And the talking heads say we have 18 more months of this economy to suffer thru.

Steve

[winkyinc]

shelbymotorsports, on Nov 22 2008, 03:48 PM, said:

Has anyone looked at the NADA pricing on the Hertz cars?

From a $73,00 low to a $90,000 high for the 2006 model.

Aren't they selling in the low $30k range?

Steve

The most important thing about NADA is they are the ONLY one with a line on the GT-H. And only the '06. They do not have a number on the '07 vert. But the other thing to keep in mind is that this number helps to establish a 'stated value' for insurance. If you have the car appraised, and you should, the appraiser will most likely use the NADA number to back up his report. The extra cost for insurance is small compared to what the car would then be covered for in case it is totaled or stolen. If you insure the car, most companies run the VIN and the car comes back as a regular Mustang GT. You have to have proof of the added value, and a valid appraisal is what helps get you the coverage you want.

[07SGT-C]

winkyinc, on Nov 24 2008, 10:33 AM, said:

The most important thing about NADA is they are the ONLY one with a line on the GT-H. And only the '06. They do not have a number on the '07 vert. But the other thing to keep in mind is that this number helps to establish a 'stated value' for insurance. If you have the car appraised, and you should, the appraiser will most likely use the NADA number to back up his report. The extra cost for insurance is small compared to what the car would then be covered for in case it is totaled or stolen. If you insure the car, most companies run the VIN and the car comes back as a regular Mustang GT. You have to have proof of the added value, and a valid appraisal is what helps get you the coverage you want.

Low Retail Average Retail Value High Retail
Base Price $57,700 $61,300 $66,900
TOTAL PRICE $57,700 $61,300* $66,900
* This Retail price is based on a clean vehicle history report. Don't make a $61,300 mistake. Get a Free VIN Check today. Find out why AutoCheck is better than

I just hope this is an indication that Shelbys will creep back up in value after the economy picks up...i realize hertz models are rarer, but 25k-32kfor a Shelby Gt is ridiculously low