I was wondering if anyone would care to comment on the '67 Shelby market vs. the '66 Shelby market. Any opinions on how these two years will do compared to each other as well as what you think will happen to the muscle car market in general? The '67 market seems as strong as ever. I was wondering what everyone thought on the strength of the '66 market. I know which one I'd enjoy driving more, but was looking for input on investment potential as a secondary reason for attractiveness. Thank you, LS --- Colin Comer <colin (AT) colinsclassicauto (DOT) com> wrote: > I have been contacted numerous times by Peter from "Motorsports > Legends", both trying to buy a few of my cars and in turn trying to sell > me some of his. I can't say for sure, but I think there is a strong > possibility that they lock up a car with a deposit, try to "flip", and > then walk away if they can't. The most recent offering was the 68 350H > car that was an eBay frequent flier, the Paxton car with an automatic. > It had struggled to clear 80k or so on eBay and Motorsports Legends sent > me an email with the eBay pictures, eBay text cut and pasted, and a > price of $119k "inclusive of their fee" and the car "is located in New > York". He later said they had paid $101k after I mentioned I passed on > the car well under 100k and the car was no secret. I have my doubts. > > Scary stuff out there these days - getting harder to tell if you are > dealing with a principle or a flipper/ broker/ scammer/ etc ! As one of > my old Ferrari parts vendors from the old country used to say "If we are > not talking Boss to Boss, we are not talking". He wasn't talking about > Fords, either - LOL > > Just my $.02. > > Colin > > > ----- Original Message ----- > From: DLen1261 (AT) aol (DOT) com > To: shelbymustang (AT) carmemories (DOT) com > Sent: Monday, March 27, 2006 11:50 AM > Subject: Re: Shelby for sale? > > > I'm curious--how many list members received the exact same email (with > YOUR name & car # plugged in) ??? > > And, what's the most likely source of the "sets" used (name, car #, > email address)--ie, where did the scammer get the info? > > Dave www.exhaust.tv __________________________________________________ Do You Yahoo!? Tired of spam? Yahoo! Mail has the best spam protection around http://mail.yahoo.com
LS you asked our opinion on the market for 1966 vs. 1967 Shelbys and you ended your question with: "but was looking for input on investment potential as a secondary reason for attractiveness?" The market for used Shelbys is not one that can be discussed in full detail in 25 words of less. Since the market seems to be on a upward move it seems that any thing you buy today will go up in value over time. There is also a relationship of price vs. supply vs. demand that plays a roll too. If you want to look at this from an investment point of view of course you want to buy low and sell high. Since the market is going up and assuming you buy in at an actual current market price (meaning you don't over pay at the time you buy-in) and assuming the market continues to go up, then you will make money over time. Based on these assumptions the only question will be is how long you hold your investment before you sell. Now here's where we can get into your question on the '66 vs. '67 market. As the price of a specfic collector car goes up the fewer and fewer average people will be able to buy it. Or so to speak people get priced out of the market. When people get priced out of a market then they move off to another market to fill their need. When the price of real Shelbys get too pricey then people will flock to Shelby clones, standard Mustangs, 1969-1971 Boss Mustangs, new 2007 Shelby Mustangs, specialty Mustangs (such as Saleen, Steeda for example) or different (non-Ford) brands. If you want to maximize your investment you should consider the following: - Find and buy a vehicle (Shelby or otherwise) below market value when you buy. - Buy a good deal that is a fixer upper and fix it up so you can make a profit at it. Most people would rather buy a completed than fix one up themselves. - Buy a vehicle in a related market that has just started to take off. As an example, look at the Boss 302 market in the last year or two. When the top Shelbys get priced over $100,000 then people started looking at and buying Boss 302s. Two years ago you could buy many great Boss 302s well under $30,000 and now their prices are jumping over $50,000 and rising. If you want a real 1966 Shelby then buy the 1966 Shelby. If you want a real 1967 Shelby then get the 1967 Shelby. If you want the best investment for your money over a shorter amount of time and you think $100,000 Shelbys seem a little high, then look for an alternative market like the Boss 302 that has just taking off and shows better increase potential over the same time frame. LS, does any of that make sense? Anybody else care to comment on the '66 vs. '67 discussion? Jim Seisser -----Original Message----- >From: LS <lashdeep (AT) yahoo (DOT) com> >Sent: Mar 27, 2006 2:01 PM >To: Colin Comer <colin (AT) colinsclassicauto (DOT) com> >Cc: shelbymustang (AT) carmemories (DOT) com >Subject: Shelby Market Opinions? > > >I was wondering if anyone would care to comment on the '67 Shelby market >vs. the '66 Shelby market. Any opinions on how these two years will do >compared to each other as well as what you think will happen to the muscle >car market in general? > >The '67 market seems as strong as ever. I was wondering what everyone >thought on the strength of the '66 market. I know which one I'd enjoy >driving more, but was looking for input on investment potential as a >secondary reason for attractiveness. > >Thank you, >LS > >--- Colin Comer <colin (AT) colinsclassicauto (DOT) com> wrote: > >> I have been contacted numerous times by Peter from "Motorsports >> Legends", both trying to buy a few of my cars and in turn trying to sell >> me some of his. I can't say for sure, but I think there is a strong >> possibility that they lock up a car with a deposit, try to "flip", and >> then walk away if they can't. The most recent offering was the 68 350H >> car that was an eBay frequent flier, the Paxton car with an automatic. >> It had struggled to clear 80k or so on eBay and Motorsports Legends sent >> me an email with the eBay pictures, eBay text cut and pasted, and a >> price of $119k "inclusive of their fee" and the car "is located in New >> York". He later said they had paid $101k after I mentioned I passed on >> the car well under 100k and the car was no secret. I have my doubts. >> >> Scary stuff out there these days - getting harder to tell if you are >> dealing with a principle or a flipper/ broker/ scammer/ etc ! As one of >> my old Ferrari parts vendors from the old country used to say "If we are >> not talking Boss to Boss, we are not talking". He wasn't talking about >> Fords, either - LOL >> >> Just my $.02. >> >> Colin >> >> >> ----- Original Message ----- >> From: DLen1261 (AT) aol (DOT) com >> To: shelbymustang (AT) carmemories (DOT) com >> Sent: Monday, March 27, 2006 11:50 AM >> Subject: Re: Shelby for sale? >> >> >> I'm curious--how many list members received the exact same email (with >> YOUR name & car # plugged in) ??? >> >> And, what's the most likely source of the "sets" used (name, car #, >> email address)--ie, where did the scammer get the info? >> >> Dave > > >www.exhaust.tv > >__________________________________________________ >Do You Yahoo!? >Tired of spam? Yahoo! Mail has the best spam protection around >http://mail.yahoo.com ________________________________________ PeoplePC Online A better way to Internet http://www.peoplepc.com
in my opinion you either buy what you like to keep and enjoy it or you buy anything that has a price lower than true market value and you turn and sell it. there are more people that like and want shelbys than there are shelbys, so demand is not the issue and I think the prices in either car are already up there so I do not see one year of shelby 'jumping' up over any other year. the cheaper and more rare the better. good solid project cars espically if they are running and can be has for the right price are always on my list. I used to want a 65 shelby (Rmodel preferred) and that was it for me. then I got to like the 67 better so I went that direction. the 69-70 convertables really started to grow on me and when everybody went big block crazy I thought a GT350 would be great for the better handeling you would get. so in the long run I would be happy if the market would completly tank so I can go buy one of each to satisfy my changing desires because I cant afford a dam thing right now. either buy what you like and try top get the best deal you can and then close your eyes and enjoy the car or buy what is cheap (that would be compairative) and be sure to turn it before the market turns on you. in the past I have owned a number of cars of many makes and models. gernerally I have bought not because I needed a car but because it was there for sale and it seemed like a bargain. every time I have done this it seems I have made money. ut also seems that every time I went out and bought a vehicle out of need or burning desire I have lost money (or only broken even). I guess in short (or long as I have rambeled) you have to do what feels right for you bob
