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What's a 2007 GT 500 Worth?

Discussion in '2nd Generation Shelby Mustangs' started by Rob Manella, May 6, 2008.

  1. Rob Manella

    Rob Manella New Member

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    Hello, I purchased a 2007 GT500 convertable. I did pay over the retail value.
    Does anyone know if I made a serious mistake?
    The auto is beyond words......
    Peace to all.
    R.M.
     
  2. TLEA

    TLEA Well-Known Member

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    If you are talking new, the verts (most) are still selling for more than MSRP but not the 15K you saw earlier in the year. I got one in December for +2K
     
  3. tesgt350

    tesgt350 Well-Known Member

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    I am in my own little World
    Are you Enjoying it?
    Do you have a Blast Driving it?
    When Driving it, are you Grinning from Ear to Ear?

    If you answered YES to any or all of these questions, then I would say, you got a good deal.

    David.
     
  4. steele138

    steele138 Well-Known Member

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    I agree,if you bought it and it makes your heart race;you invent excuses to drive it then yes you made a wise purchase, BUT if you bought it as a investment;to lock up and sell in a few years and make a tidy profit..I hope you are young and can wait a very long time.Cars as a investment are a risky venture in the antique ranks much less new ones;check the prices on 95 Cobra Rs several are floating right now and they can be had for close to sticker.Had lunch with a banker friend who is repoing a 07 convert and hard top(GT 500s) and is accepting bids,I buy cars to drive and enjoy;stock and real estate are investments.
    Steele
     
  5. vernonestes

    vernonestes Well-Known Member

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    Wow, totally agree with all you guys!

    HOw can buying a brand new shelby ever be a bad thing?

    Best Regards,
    Vern
     
  6. Rob Manella

    Rob Manella New Member

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    Thanks to all for our replies. I purchased my unit Dec '06. Although I did pay
    the premium over list, the vehicle is my very first and probably last "NEW" car. As with many purchases, the price is "What's it worth to you!"

    Another question: Has anyone recieved the recall notice regarding the seat belts?
    Any other recalls?

    Many Thanks in advance.

    R.M.
     
  7. 68Rcodeman

    68Rcodeman New Member

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    Re: Recall

    Rob, Hello I am a Ford Master tech and the recall is performed many times a day at work. It is a Re-Program of the restraint modgule. If you have a programer installed please remove it back to Stock before going to the dealer. It should only take twenty minutes. Good luck.
    David
     

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