<HEAD> <META content=3D"MSHTML 6.00.2800.1106" name=3DGENERATOR></HEAD> <BODY> <DIV> <P class=3DMsoNormal style=3D"MARGIN: 0in 0in 0pt">To me the most interesti= ng Shelby on E-Bay recently was that Mexican Shelby from Texas, I forg= ot to save that auction so I don't know what it ended up going for. To= me the prices that used and abused Shelbys are bringing still perplex= es me. The same goes for all muscle cars of the 60s and 70s. At the 2005 Ba= rrett-Jackson in Scottsdale there was a 1970 Red Cuda Convertible clon= e that sold for $93,960 in auction. </P> <P class=3DMsoNormal style=3D"MARGIN: 0in 0in 0pt"> </P> <P class=3DMsoNormal style=3D"MARGIN: 0in 0in 0pt">When the new 2007 Shelby= comes out in a year and a half it will cost in the $40,000 range. I'v= e heard rumors that it will be available in both Coupe and Convertible= versions. I also believe that air conditioning is standard on all the new = Mustangs as it should be on the new Shelby. </P> <P class=3DMsoNormal style=3D"MARGIN: 0in 0in 0pt"> </P> <P class=3DMsoNormal style=3D"MARGIN: 0in 0in 0pt">Unless you are looking a= t a used muscle car as some kind of investment that you can buy n= ow and turn around and sell for a tidy profit is a year or two, why else wo= uld you really want a high priced old muscle car as a keeper at these kind = of prices? What is even more perplexing is for the most part peop= le bid on E-Bay cars sight unseen or never inspected in advance. No us= ed car is perfect and when the prices get real high it starts to bring out = all kinds of cars out of the barns and fields. Not to long ago I looked at = a used big block Shelby with an automatic transmission. It was a very nice = looking car and very original. When I put my head underneath to look at the= front of the engine I saw the transmission cooler lines were rubbing on th= e bottom of the crankshaft damper. Very, very few old cars are perfect and = some need a lot more attention or work than others. Speculating on the pric= e of cars on E-Bay in auctions that are "in progress" and at one snap = shot in time is rather fruitless in my opinion. What maters are what an act= ual car really sells for, what the condition of the car appears to be and h= ow well the ad on E-Bay was written. Then the market must be watched o= r viewed over a longer time period. </P> <P class=3DMsoNormal style=3D"MARGIN: 0in 0in 0pt"> </P> <P class=3DMsoNormal style=3D"MARGIN: 0in 0in 12pt">For the price of the ne= w Mustang GT 300 HP in Coupe or Convertible for under $30,000 is a great bu= y. You can finance it very easily and it comes with a warranty. In a y= ear and a few months you'll be able to get a new 400 HP 2007 Shelby for und= er $45,000. You buy a used and abused Shelby you own it as is without any k= ind of warranty. New Mustangs and the new Shelby in 2007 are something= that is in the reach of most people. Collector cars in the $50,0= 00 and above range are not in the price range of the average person. Of cou= rse this just my observation/opinion from the U.S. Randall, how you see thi= ngs from New Zealand may be quite different. </P> <P class=3DMsoNormal style=3D"MARGIN: 0in 0in 12pt">Can anyone else offer a= n opinion to Randall's questions and the current state of the market? = </P> <DIV><SPAN style=3D"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-fa= reast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast= -language: EN-US; mso-bidi-language: AR-SA">Jim Seisser</SPAN></DIV><BR><BR= ><BR>-----Original Message----- <BR>From: Camilla <CAMPAUL1@XTRA.CO.NZ><BR>= Sent: Jul 2, 2005 8:54 PM <BR>To: shelbymustang@carmemories.com <BR>Subject= : EBAY Shelby's <BR><BR><ZZZHTML><ZZZHEAD><ZZZMETA content=3D"text/html; ch= arset=3Diso-8859-1" http-equiv=3D"Content-Type"><ZZZMETA content=3D"MSHTML = 6.00.2900.2668" name=3D"GENERATOR"> <STYLE></STYLE> </ZZZHEAD><ZZZBODY bgColor=3D"#ffffff"> <DIV><FONT face=3DArial size=3D2>I haven't looked at Ebay for a long time.&= nbsp; But there are some interesting listings out there and I would say fai= rly cheap as well. 1968 GT500 bidding for $60,000? 1968 GT= 500KR $145,000? 1968 GT500 concourse convertable bidding at $124,000= ? 68 KR found in Barn lol $70,000? Anybody know these car= s? or have an opinion on their prices?</FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2>Regards</FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2>Randall (69GT500)</FONT></DIV></ZZZBODY></= ZZZHTML></DIV></BODY><PRE> ________________________________________ PeoplePC Online A better way to Internet http://www.peoplepc.com</PRE>
Yes it is interesting Jim and thanks for the response. I was communicating with Bill Jenkins on this and mentioned a recent Sotheby's auction. A friend of mine went to New York for a particular sculpture. It was valued at around $5,000.000 so he decided he would put a sketch drawing in the auction he had purchased around 15 years ago for $40k. Well both went under the hammer and shocked everyone. The sculpture went for an astounding $27,000.000 and his drawing fetched $400,000. Now here is a guy who is probably one of the most respected art dealers in America and he was floored. What is he putting his money into at the moment? Cars. He has all sorts from the 30's on up. He has a friend in Florida who has two warehouses full of cars not to mention 5 Shelby mustangs and a few Shelby AC's as part of his apparent vast collection. When an object starts getting up to super star status all notions of reasonable and or rational values fly out the window. Why? Because these guys are in their own world and they don't worry whether or not a new Shelby is $47k $50k or if it is discounted or what ever nor would they even begin to compare them with the early models...Apples and oranges they are both fruit but quit different. Hell I don't know, all I do know Jim is that I never ever consider warranty and whether the old cars are perfect or not. What I do consider is historical significance in American motor history and the era they represented and the build numbers. Not to mention I really love driving it. I think we just as you say watch and see what gives. But I will bank on is my opinion that these will reach a super star status in years to come as art pieces. I remember when I was young and I sold a 64 GTO convert for $8,000 plus a Harley. My friends said ''Dude you reamed that guy'' And my 63 fuely split window for $13k both pristine cars. Enough! I need a private moment now! lol. Best Regards Randall ----- Original Message ----- From: ecj To: shelbymustang@carmemories.com Sent: Tuesday, July 05, 2005 2:01 AM Subject: Re: EBAY Shelby's To me the most interesting Shelby on E-Bay recently was that Mexican Shelby from Texas, I forgot to save that auction so I don't know what it ended up going for. To me the prices that used and abused Shelbys are bringing still perplexes me. The same goes for all muscle cars of the 60s and 70s. At the 2005 Barrett-Jackson in Scottsdale there was a 1970 Red Cuda Convertible clone that sold for $93,960 in auction. When the new 2007 Shelby comes out in a year and a half it will cost in the $40,000 range. I've heard rumors that it will be available in both Coupe and Convertible versions. I also believe that air conditioning is standard on all the new Mustangs as it should be on the new Shelby. Unless you are looking at a used muscle car as some kind of investment that you can buy now and turn around and sell for a tidy profit is a year or two, why else would you really want a high priced old muscle car as a keeper at these kind of prices? What is even more perplexing is for the most part people bid on E-Bay cars sight unseen or never inspected in advance. No used car is perfect and when the prices get real high it starts to bring out all kinds of cars out of the barns and fields. Not to long ago I looked at a used big block Shelby with an automatic transmission. It was a very nice looking car and very original. When I put my head underneath to look at the front of the engine I saw the transmission cooler lines were rubbing on the bottom of the crankshaft damper. Very, very few old cars are perfect and some need a lot more attention or work than others. Speculating on the price of cars on E-Bay in auctions that are "in progress" and at one snap shot in time is rather fruitless in my opinion. What maters are what an actual car really sells for, what the condition of the car appears to be and how well the ad on E-Bay was written. Then the market must be watched or viewed over a longer time period. For the price of the new Mustang GT 300 HP in Coupe or Convertible for under $30,000 is a great buy. You can finance it very easily and it comes with a warranty. In a year and a few months you'll be able to get a new 400 HP 2007 Shelby for under $45,000. You buy a used and abused Shelby you own it as is without any kind of warranty. New Mustangs and the new Shelby in 2007 are something that is in the reach of most people. Collector cars in the $50,000 and above range are not in the price range of the average person. Of course this just my observation/opinion from the U.S. Randall, how you see things from New Zealand may be quite different. Can anyone else offer an opinion to Randall's questions and the current state of the market? Jim Seisser -----Original Message----- From: Camilla Sent: Jul 2, 2005 8:54 PM To: shelbymustang@carmemories.com Subject: EBAY Shelby's I haven't looked at Ebay for a long time. But there are some interesting listings out there and I would say fairly cheap as well. 1968 GT500 bidding for $60,000? 1968 GT 500KR $145,000? 1968 GT500 concourse convertable bidding at $124,000? 68 KR found in Barn lol $70,000? Anybody know these cars? or have an opinion on their prices? Regards Randall (69GT500) ________________________________________ PeoplePC Online A better way to Internet http://www.peoplepc.com
