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Car Forum / Ford / Ford Mustang / November 2006

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Saw a GT500 yesterday

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Mort Guffman - 06 Nov 2006 23:21 GMT
It was a black convertible, with the center stripes delete option. It
really looked nice.

I talked to the marketing guy - he works for Ford, not at a local
dealer, He said the typical markup above sticker is 10-20K.

I asked about build quantities. He said 10,000 units per year.

So maybe in a year or so the demand will be met and the price will be
MSRP.
Michael Johnson, PE - 06 Nov 2006 23:50 GMT
> It was a black convertible, with the center stripes delete option. It
> really looked nice.
[quoted text clipped - 6 lines]
> So maybe in a year or so the demand will be met and the price will be
> MSRP.

IMO, if they keep that production number for 2-3 years the price will
likely drop to near, or maybe even below, MSRP late this model year or
early next model year.
Michael price - 07 Nov 2006 00:06 GMT
at a nearby dealership, they got in a red coupe last week. it lasted 4
days. 1 of my friends father whent to look at buying it. it was marked
at around $62000.00. he called the next day to see if it was there, and
try and make a deal. the salesman said a guy came in this morning and
wrote a check for it and it`s gone. damn that must be nice!! :) mp
Michael Johnson, PE - 07 Nov 2006 00:33 GMT
> at a nearby dealership, they got in a red coupe last week. it lasted 4
> days. 1 of my friends father whent to look at buying it. it was marked
> at around $62000.00. he called the next day to see if it was there, and
> try and make a deal. the salesman said a guy came in this morning and
> wrote a check for it and it`s gone. damn that must be nice!! :) mp

Ford has a lot more cars to deliver this year.  If they keep shoving
them into the dealerships the price will fall.  I think they are
intentionally keeping production low to maximize the profit on the
initial run.  There are far from 10,000 buyers that are willing to pay
$62k for a Cobra.  Then the next year run will start which is where I
believe the price drop will occur if Ford makes another 10k run for 2008.
one80out@hotmail.com - 07 Nov 2006 01:35 GMT
> > at a nearby dealership, they got in a red coupe last week. it lasted 4
> > days. 1 of my friends father whent to look at buying it. it was marked
[quoted text clipped - 8 lines]
> $62k for a Cobra.  Then the next year run will start which is where I
> believe the price drop will occur if Ford makes another 10k run for 2008.

Don't forget also the possibility of a 425 hp Challenger R/T for '08 or
'09, a package which is currently available as a Charger in the mid to
high $30K range, and the 5th gen Crapmaro with possibly a 400 hp LS2 in
the low $30Ks and maybe even a 500 hp 427 Yenko or Nickey revival.
Sounds like market saturation to me.  I pity the fool who's paying $60K
or more for a '07 Shelby.

180 Out
Michael Johnson, PE - 07 Nov 2006 02:23 GMT
>>> at a nearby dealership, they got in a red coupe last week. it lasted 4
>>> days. 1 of my friends father whent to look at buying it. it was marked
[quoted text clipped - 14 lines]
> Sounds like market saturation to me.  I pity the fool who's paying $60K
> or more for a '07 Shelby.

Remember the fools who paid over $40k for the first of the '03 Cobras.
I think history will be repeating itself if Ford builds 10k/year for 2-3
years.
My Names Nobody - 07 Nov 2006 03:11 GMT
> It was a black convertible, with the center stripes delete option. It
> really looked nice.
[quoted text clipped - 6 lines]
> So maybe in a year or so the demand will be met and the price will be
> MSRP.

Prices are already dropping.

Watch the ebay auctions, my friend was high bidder on two actions 1.5 weeks
ago, at $55,000 the auctions ended without meeting the reserves, his $55,000
bids were the highest bids in both auctions.
Nicholas Anthony - 08 Nov 2006 03:05 GMT
> It was a black convertible, with the center stripes delete option. It
> really looked nice.
[quoted text clipped - 6 lines]
> So maybe in a year or so the demand will be met and the price will be
> MSRP.

Between internal and external competition they will certainly drop. We still
have the Mach I, Boss, Shelby GT, Saleen's, C/S, Shelby GT500KR, all other
remakes, aside of Camaro and Charger.

Nick
Tony Alonso - 10 Nov 2006 04:54 GMT
The convertibles come without the center stripes. You can delete the
side stripes however.

>It was a black convertible, with the center stripes delete option. It
>really looked nice.
>
>  
Mort Guffman - 10 Nov 2006 22:46 GMT
That makes sense, I didn't even think about it. I supposed a striped
top would be very unusual.

>The convertibles come without the center stripes. You can delete the
>side stripes however.
[quoted text clipped - 3 lines]
>>
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