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39Mustang

Hurting Values Now?

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I've been watching the 2 2011 GT350's on ebay and so far no takers even at reasonable prices. The one 2011 GT350 is a great car the one owned by the owner who used to own all the Miller Ale Houses that car is as perfect as it gets. Dude has great Mustangs by the way not sure why he's selling all of them. Anyway, with being able to order the 'new' GT350's and what this car has to offer has got to be hurting the sales of these two 2011 GT350's. Yes, we here know the difference between the two cars but many regular Mustang people or for that matter say a Porsche guy coming to buy the new GT350 he probably doesn't​. This is not a topic where I'm saying I would never sell mine to get the new one but even the dealer who still has a few 2014 GT350's is on the verge of giving them away so it appears right now its hurting the value of all 2011-2014 GT350's. Yes, what Ford has done to the new GT350 makes it an amazing car but to me its a GT350 in name only as Shelby American has had nothing to do with it. Fact is if you're selling a 2011-2014 GT350 right now people are trying to compare the two like well I can get this brand new one for less when they have no clue but I hate to admit they're right as far as cost goes right now.

 

Shelby American is killing itself with the cost of the Shelby GT, Super Snake, and the GT Eco-boost package hence why they're not selling. Have you heard anyone that ordered a 2015 Shelby GT yet? Another fact is you are getting way more in the Roush Mustang for a much lesser cost so I even had this idiot call about my 2013 GT350 Conv. I'm selling and try to compare a Roush to a Shelby but these are hurting resale values too.

 

I'm sure in the long run values will hold but I'm not one to buy a newer car for values down the road if I did I would just go get a 68-69 Shelby​

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I saw this coming, I personally much prefer the New GT-350 in every way except the fact it was not built at SAI. You nailed it, for 99% of buyers they will not care about that or even know what you mean when you try to explain the difference to them. I am not sure what the Business Plan is at SAI, they made a ton of changes in personal over the years and it appears they want to be extremely exclusive Brand Wise. I think the problem is folks that recognize and appreciate the Shelby name are getting older so the audience to pay these huge premiums is very limited. I do respect the fact, for instance on the Shelby GT, that they appear to have put higher quality parts on it then the Original Shelby GT. Who knows, maybe they are making enough off the few built to make a big profit, if I recall it has been very difficult to access earnings from SAI.

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I've been watching the 2 2011 GT350's on ebay and so far no takers even at reasonable prices. The one 2011 GT350 is a great car the one owned by the owner who used to own all the Miller Ale Houses that car is as perfect as it gets. Dude has great Mustangs by the way not sure why he's selling all of them. Anyway, with being able to order the 'new' GT350's and what this car has to offer has got to be hurting the sales of these two 2011 GT350's. Yes, we here know the difference between the two cars but many regular Mustang people or for that matter say a Porsche guy coming to buy the new GT350 he probably doesn't​. This is not a topic where I'm saying I would never sell mine to get the new one but even the dealer who still has a few 2014 GT350's is on the verge of giving them away so it appears right now its hurting the value of all 2011-2014 GT350's. Yes, what Ford has done to the new GT350 makes it an amazing car but to me its a GT350 in name only as Shelby American has had nothing to do with it. Fact is if you're selling a 2011-2014 GT350 right now people are trying to compare the two like well I can get this brand new one for less when they have no clue but I hate to admit they're right as far as cost goes right now.

 

Shelby American is killing itself with the cost of the Shelby GT, Super Snake, and the GT Eco-boost package hence why they're not selling. Have you heard anyone that ordered a 2015 Shelby GT yet? Another fact is you are getting way more in the Roush Mustang for a much lesser cost so I even had this idiot call about my 2013 GT350 Conv. I'm selling and try to compare a Roush to a Shelby but these are hurting resale values too.

 

 

 

I'm sure in the long run values will hold but I'm not one to buy a newer car for values down the road if I did I would just go get a 68-69 Shelby​

I will argue about the Shelby GT not being equal to the Roush, in fact without a head to head, Im not sure how you can declare a winner. Having driven the Shelby GT on track, I would gladly put it up against the Roush. I personally think the Shelby is a better looking car. To be clear, I think Roush makes a great car.

 

with that said, The new GT350 is driving all prices down.

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I'm empathetic to the plight of the SAI built GT350 owners explaining to folks the Shelby influence.

 

Most, if not all the folks who look at my 07SGT at car shows/concours don't know the difference between my car and a GT500.

Some even think the GT500 was modified 'at Shelby in Vegas.'

 

The Ford Factory GT350 is a hot car with broad appeal to those who want American performance (and have the $).

 

Tough to tell where the market is going with all these cars. To a point made earlier, the car is only worth what someone else will pay for it.

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I've been watching the 2 2011 GT350's on ebay and so far no takers even at reasonable prices. The one 2011 GT350 is a great car the one owned by the owner who used to own all the Miller Ale Houses that car is as perfect as it gets. Dude has great Mustangs by the way not sure why he's selling all of them. Anyway, with being able to order the 'new' GT350's and what this car has to offer has got to be hurting the sales of these two 2011 GT350's. Yes, we here know the difference between the two cars but many regular Mustang people or for that matter say a Porsche guy coming to buy the new GT350 he probably doesn't​. This is not a topic where I'm saying I would never sell mine to get the new one but even the dealer who still has a few 2014 GT350's is on the verge of giving them away so it appears right now its hurting the value of all 2011-2014 GT350's. Yes, what Ford has done to the new GT350 makes it an amazing car but to me its a GT350 in name only as Shelby American has had nothing to do with it. Fact is if you're selling a 2011-2014 GT350 right now people are trying to compare the two like well I can get this brand new one for less when they have no clue but I hate to admit they're right as far as cost goes right now.

 

Shelby American is killing itself with the cost of the Shelby GT, Super Snake, and the GT Eco-boost package hence why they're not selling. Have you heard anyone that ordered a 2015 Shelby GT yet? Another fact is you are getting way more in the Roush Mustang for a much lesser cost so I even had this idiot call about my 2013 GT350 Conv. I'm selling and try to compare a Roush to a Shelby but these are hurting resale values too.

 

I'm sure in the long run values will hold but I'm not one to buy a newer car for values down the road if I did I would just go get a 68-69 Shelby​

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I agree with your sentiment. It's great for owning the real thing, but not so much if you're trying to sell it. I personally would take it a step further and would want to own a year from when Carroll was still around. Fortunately for me I bought my car to drive. I never understood buying these cars as "investments" when 10,000( general statement i know there aren't 10,000 350's) people are going to buy and shrink wrap them. The classics are collectable because nobody thought to preserve them. The older cars lived a wild life and often died or were put down. Probably the only car I would have bought as investment would have been the D.P. Shelby. Shelby would really help themselves and their customers with arranging product placement in TV and movies which has worked well for Saleen. Maybe in 40 years some studio will make a movie with your car and then all of sudden they will be known and they will sky rocket.

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I'm empathetic to the plight of the SAI built GT350 owners explaining to folks the Shelby influence.

 

Most, if not all the folks who look at my 07SGT at car shows/concours don't know the difference between my car and a GT500.

Some even think the GT500 was modified 'at Shelby in Vegas.'

 

The Ford Factory GT350 is a hot car with broad appeal to those who want American performance (and have the $).

 

Tough to tell where the market is going with all these cars. To a point made earlier, the car is only worth what someone else will pay for it.

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If you factor in aesthetics it doesn't surprise me the 2011 GT350. The thing looks atrocious. It looks like a teenager that just watched Fast and the Furious got a hold of a Mustang and used daddys money to put on some body kits. The wheels are absolutely terrible as well.

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If you factor in aesthetics it doesn't surprise me the 2011 GT350. The thing looks atrocious. It looks like a teenager that just watched Fast and the Furious got a hold of a Mustang and used daddys money to put on some body kits. The wheels are absolutely terrible as well.

Thank you for your astute, articulate, and insightful observations and opinions, a true "contribution" to the forum indeed.

Edited by mikeljgt500kr

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If you factor in aesthetics it doesn't surprise me the 2011 GT350. The thing looks atrocious. It looks like a teenager that just watched Fast and the Furious got a hold of a Mustang and used daddys money to put on some body kits. The wheels are absolutely terrible as well.

They look sweet to me but I guess I am still a teenager at heart. I would take an 11/12 over the 15/16 without giving it a second thought.

 

Yeah but I would probably put different rims on it. ?

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AFDude10: "If you factor in aesthetics it doesn't surprise me the 2011 GT350. The thing looks atrocious. It looks like a teenager that just watched Fast and the Furious got a hold of a Mustang and used daddys money to put on some body kits. The wheels are absolutely terrible as well."

 

mikelgt500kr: "Thank you for your astute, articulate, and insightful observations and opinions, a true "contribution" to the forum indeed."

 

There are many opinions about the GT350 produced by SAI. AFDude10's opinion is not the strongest negative opinion I have heard. mikelgt500kr appears to favor the same styling AFDude10 does not favor. Regardless, both opinions have a place on the forum. When the SAI GT350 was being designed, the one thing that was clear was that the final design would be generate some passionate feelings. Probably best to let each individual's opinion stand on its own and move on from there.

 

Being old enough so that I remember the original GT350, nothing other than the original will ever measure up to me.

 

Jim

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Being old enough so that I remember the original GT350, nothing other than the original will ever measure up to me.

 

Jim

 

Me too, I've owned a '65 and I can tell you the 2011-2014 GT350 will blow its' doors off, out perform it in every category, has A/C, cup holders, traction and stability control, gets better MPG, and attracts more attention at any car show, and all for about 1/4 the price of a nice '65. But the old ones are nice and quaint, like my '68 KR, makes you feel like a teenager again but without zits and you are old enough to buy beers (and women) now……. :)

Edited by mikeljgt500kr

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Me too, I've owned a '65 and I can tell you the 2011-2014 GT350 will blow its' doors off, out perform it in every category, has A/C, cup holders, traction and stability control, gets better MPG, and attracts more attention at any car show, and all for about 1/4 the price of a nice '65. But the old ones are nice and quaint, like my '68 KR, makes you feel like a teenager again but without zits and you are old enough to buy beers (and women) now……. :)

 

Well said. The muscle cars of the 60's were brutes, but they were our brutes. I remember having to buy Goodyear racing tires in order to put 7" of rubber on the road with my built '66 fastback Mustang. I can only imagine what the future will bring with modern muscle cars. I keep thinking that, soon, the government is going to shut down the ever increasing horsepower of these cars. Until then, we'll just enjoy it all.

 

Jim

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Thank you for your astute, articulate, and insightful observations and opinions, a true "contribution" to the forum indeed.

 

Would it be better if I sent you a video of an interpretive dance on how I felt?

 

I'm not the only one that feels this way. I remember reading multiple first impressions that aligned with my first thoughts as well. And let's be honest...what you think when you first see a car usually sticks with you. Motor trend said, "The GT350 (2011) looks a touch boy-racerish; that's undeniable."

 

But like others said...just my opinion. The car is a beast, no doubt, especially for the year it was produced. But believe it or not, the aesthetics of a car matter as well.

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Would it be better if I sent you a video of an interpretive dance on how I felt?

 

I'm not the only one that feels this way. I remember reading multiple first impressions that aligned with my first thoughts as well. And let's be honest...what you think when you first see a car usually sticks with you. Motor trend said, "The GT350 (2011) looks a touch boy-racerish; that's undeniable."

 

But like others said...just my opinion. The car is a beast, no doubt, especially for the year it was produced. But believe it or not, the aesthetics of a car matter as well.

I don't argue with your opinion, it is yours and you are entitled to it. I am not sure what you drive, as there are no pictures or descriptions of anything you own, but if I had a less than positive opinion of it I am the kind of person to says things like, nice car for some, but not for me. But that is just me.

 

And the car is a beast, and I have the time slips to prove it. 624 HP with 355X20s on the rear to hook up make for some very fast times.

Edited by mikeljgt500kr
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I've been watching the 2 2011 GT350's on ebay and so far no takers even at reasonable prices. The one 2011 GT350 is a great car the one owned by the owner who used to own all the Miller Ale Houses that car is as perfect as it gets. Dude has great Mustangs by the way not sure why he's selling all of them. Anyway, with being able to order the 'new' GT350's and what this car has to offer has got to be hurting the sales of these two 2011 GT350's. Yes, we here know the difference between the two cars but many regular Mustang people or for that matter say a Porsche guy coming to buy the new GT350 he probably doesn't​. This is not a topic where I'm saying I would never sell mine to get the new one but even the dealer who still has a few 2014 GT350's is on the verge of giving them away so it appears right now its hurting the value of all 2011-2014 GT350's. Yes, what Ford has done to the new GT350 makes it an amazing car but to me its a GT350 in name only as Shelby American has had nothing to do with it. Fact is if you're selling a 2011-2014 GT350 right now people are trying to compare the two like well I can get this brand new one for less when they have no clue but I hate to admit they're right as far as cost goes right now.

 

Shelby American is killing itself with the cost of the Shelby GT, Super Snake, and the GT Eco-boost package hence why they're not selling. Have you heard anyone that ordered a 2015 Shelby GT yet? Another fact is you are getting way more in the Roush Mustang for a much lesser cost so I even had this idiot call about my 2013 GT350 Conv. I'm selling and try to compare a Roush to a Shelby but these are hurting resale values too.

 

I'm sure in the long run values will hold but I'm not one to buy a newer car for values down the road if I did I would just go get a 68-69 Shelby​

 

 

What would buy one now? The 11/12 GT350s are awesome, gorgeous cars. Pictures don't do them justice.

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Would it be better if I sent you a video of an interpretive dance on how I felt?

 

I'm not the only one that feels this way. I remember reading multiple first impressions that aligned with my first thoughts as well. And let's be honest...what you think when you first see a car usually sticks with you. Motor trend said, "The GT350 (2011) looks a touch boy-racerish; that's undeniable."

 

But like others said...just my opinion. The car is a beast, no doubt, especially for the year it was produced. But believe it or not, the aesthetics of a car matter as well.

Of course I am extremely biased, but beauty is in the eye of the beholder

 

53-saac38.jpg

 

As far a boy racerish, it's no wonder the car was penned by Larry Woods - the great Hot Wheels design chief.

 

I will drag race or compare lap times with any GT350 anywhere!

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Of course I am extremely biased, but beauty is in the eye of the beholder

 

attachicon.gif53-saac38.jpg

 

As far a boy racerish, it's no wonder the car was penned by Larry Woods - the great Hot Wheels design chief.

 

I will drag race or compare lap times with any GT350 anywhere!

+1, including the new Ford GT350.

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What would buy one now? The 11/12 GT350s are awesome, gorgeous cars. Pictures don't do them justice.

 

I own a 2011 GT350 and passed on buying the new GT350 so that answers your question

 

The 2011's look like a GT350 while Ford's version does not. I like the new GT350 and I'm sure its a bad ass car but I'm not buying it for other reason. I am an entire Mustang fan even the 70's too some I may not like so well but the new ones are great and I'm waiting and hoping Ford offers the Mach 1 again as big fan of them and first car was a 70 Mach 1. I just think the new GT350 is hurting the value of the 11-14's and for the wrong reason as these are two completely different cars, however the good part is it may force SAI to bring down the cost of their packages as I would do a new Super Snake but the package cost makes NO sense at all

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You know, if I was in the market to buy a GT350, it would be an 11 or 12. I am just wondering why the market value would drop. Those cars would be desired by collectors because of its heritage, much like the origionals. I have seen some prices of the former GT350s and they are still pretty expensive. No, they may not be at tripple digit status yet, but just wait till there are many new 15- out there and the newness hype wheres off, people will revert back to its modern roots. Just my opinion.

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I own a 2011 GT350 and passed on buying the new GT350 so that answers your question

 

The 2011's look like a GT350 while Ford's version does not. I like the new GT350 and I'm sure its a bad ass car but I'm not buying it for other reason. I am an entire Mustang fan even the 70's too some I may not like so well but the new ones are great and I'm waiting and hoping Ford offers the Mach 1 again as big fan of them and first car was a 70 Mach 1. I just think the new GT350 is hurting the value of the 11-14's and for the wrong reason as these are two completely different cars, however the good part is it may force SAI to bring down the cost of their packages as I would do a new Super Snake but the package cost makes NO sense at all

Doesn't answer anything. Just aking what they go for now used.

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I've been watching the 2 2011 GT350's on ebay and so far no takers even at reasonable prices. The one 2011 GT350 is a great car the one owned by the owner who used to own all the Miller Ale Houses that car is as perfect as it gets. Dude has great Mustangs by the way not sure why he's selling all of them. Anyway, with being able to order the 'new' GT350's and what this car has to offer has got to be hurting the sales of these two 2011 GT350's. Yes, we here know the difference between the two cars but many regular Mustang people or for that matter say a Porsche guy coming to buy the new GT350 he probably doesn't​. This is not a topic where I'm saying I would never sell mine to get the new one but even the dealer who still has a few 2014 GT350's is on the verge of giving them away so it appears right now its hurting the value of all 2011-2014 GT350's. Yes, what Ford has done to the new GT350 makes it an amazing car but to me its a GT350 in name only as Shelby American has had nothing to do with it. Fact is if you're selling a 2011-2014 GT350 right now people are trying to compare the two like well I can get this brand new one for less when they have no clue but I hate to admit they're right as far as cost goes right now.

 

Shelby American is killing itself with the cost of the Shelby GT, Super Snake, and the GT Eco-boost package hence why they're not selling. Have you heard anyone that ordered a 2015 Shelby GT yet? Another fact is you are getting way more in the Roush Mustang for a much lesser cost so I even had this idiot call about my 2013 GT350 Conv. I'm selling and try to compare a Roush to a Shelby but these are hurting resale values too.

 

I'm sure in the long run values will hold but I'm not one to buy a newer car for values down the road if I did I would just go get a 68-69 Shelby​

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Doesn't answer anything. Just aking what they go for now used.

Depending on the year and the options, 2011 - 2014 GT350s have sold anywhere from $65K to $125K

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Depending on the year and the options, 2011 - 2014 GT350s have sold anywhere from $65K to $125K

125K must have been a car of some significance or prior ownership stature. 65 even seems high to me at this point. There is a bumper crop of Shelby this, that, and the other out there on the block looking for a home. Here is the last Shelby GT350 to finish up on Ebay. http://www.ebay.com/itm/Ford-Mustang-GT-350-/231699923222?forcerrptr=true&hash=item35f2644116:g:b4AAAOSw0HVWBLHE&item=231699923222 That has got to be about as good as it gets now, 624HP version and less than 200 miles. My goodness. what was this owner thinking?

 

Now if you think that high bid is a fluke then here is the 2nd to the last one to close: http://www.ebay.com/itm/Ford-Mustang-Shelby-GT-350-Premium-/321865539068?forcerrptr=true&hash=item4af0ae5dfc:g:maoAAOSwLqFV9zcK&item=321865539068 Very similar car with less than 600 miles.

Edited by buster

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125K must have been a car of some significance or prior ownership stature. 65 even seems high to me at this point. There is a bumper crop of Shelby this, that, and the other out there on the block looking for a home. Here is the last Shelby GT350 to finish up on Ebay. http://www.ebay.com/itm/Ford-Mustang-GT-350-/231699923222?forcerrptr=true&hash=item35f2644116:g:b4AAAOSw0HVWBLHE&item=231699923222 That has got to be about as good as it gets now, 624HP version and less than 200 miles. My goodness. what was this owner thinking?

 

Now if you think that high bid is a fluke then here is the 2nd to the last one to close: http://www.ebay.com/itm/Ford-Mustang-Shelby-GT-350-Premium-/321865539068?forcerrptr=true&hash=item4af0ae5dfc:g:maoAAOSwLqFV9zcK&item=321865539068 Very similar car with less than 600 miles.

He was obviously thinking $48K was not nearly enough for him to sell, and I would agree. $118K? I would not pay that either. So he obviously is not a "motivated seller". And in my experience, eBay is not a good place to sell these, nor is it a reliable market value tool.

Edited by mikeljgt500kr

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He was obviously thinking $48K was not nearly enough for him to sell, and I would agree. $118K? I would not pay that either. So he obviously is not a "motivated seller". And in my experience, eBay is not a good place to sell these, nor is it a reliable market value tool.

No what I meant was how can anyone buy a car like this and not drive it. I am simply amazed by number of these Shelby/SVT vehicles that are offered for sale by owners who barely used them at all. Very bizzare. Guys take a 20 or 30 thousand dollar whack on these things and only put a couple hundred miles on them.

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No what I meant was how can anyone buy a car like this and not drive it. I am simply amazed by number of these Shelby/SVT vehicles that are offered for sale by owners who barely used them at all. Very bizzare. Guys take a 20 or 30 thousand dollar whack on these things and only put a couple hundred miles on them.

I would agree with you on that, these are cars to drive, not collectables. But some people have strange notions about "collectibility" and actually believe they will go UP in value, so sock them away and wait a few years. You can see this kind of delusional behavior about many cars in the past, and I guess people were that stupid here too.

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I would agree with you on that, these are cars to drive, not collectables. But some people have strange notions about "collectibility" and actually believe they will go UP in value, so sock them away and wait a few years. You can see this kind of delusional behavior about many cars in the past, and I guess people were that stupid here too.

I have no where near that level of self control. I've sold a couple Corvettes that I bought new with only 4 or 5 thousand on the clock and felt foolish about that. My advice to a guy who had a GT350 with 200 miles on it would be to take it out and put another 50 miles on it and rethink the sale scenario.

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125K must have been a car of some significance or prior ownership stature. 65 even seems high to me at this point. There is a bumper crop of Shelby this, that, and the other out there on the block looking for a home. Here is the last Shelby GT350 to finish up on Ebay. http://www.ebay.com/itm/Ford-Mustang-GT-350-/231699923222?forcerrptr=true&hash=item35f2644116:g:b4AAAOSw0HVWBLHE&item=231699923222 That has got to be about as good as it gets now, 624HP version and less than 200 miles. My goodness. what was this owner thinking?

 

Now if you think that high bid is a fluke then here is the 2nd to the last one to close: http://www.ebay.com/itm/Ford-Mustang-Shelby-GT-350-Premium-/321865539068?forcerrptr=true&hash=item4af0ae5dfc:g:maoAAOSwLqFV9zcK&item=321865539068 Very similar car with less than 600 miles.

It would be better establishing value by looking at the results of cars sold, not offered for sale.

 

Most 2011s were highly optioned and had window stickers in the $90 to 100K range. The $125k sale was an outlier, with the purchaser buying the same CSM as his 65.

 

I know of recent private sales in the $80 to 90k range, and auction results in the same range.

 

There are only 159 2011s and buyers are aware of this. As with everything else, the market will ultimately establish resale value

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It would be better establishing value by looking at the results of cars sold, not offered for sale.

 

Most 2011s were highly optioned and had window stickers in the $90 to 100K range. The $125k sale was an outlier, with the purchaser buying the same CSM as his 65.

 

I know of recent private sales in the $80 to 90k range, and auction results in the same range.

 

There are only 159 2011s and buyers are aware of this. As with everything else, the market will ultimately establish resale value

Wow, 159, that is only a handful as cars go.

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