The new owner of an '03 Cobra

Discussion in '2007 - 2014 Shelby GT500 Tech' started by luvthatstang, Jun 29, 2006.


  1. luvthatstang

    luvthatstang New Member

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    After a year of waiting for the GT500, I've put my purchase on hold. Maybe I'll get one in a year or so. Until then, I'll be very happy in my new purchase.....'03 Cobra. My husband, the vette owner, has already asked if he could borrow it (we'll see:D )

    I have a question......The salespeople push the notion this is Carroll Shelby's last "hands-on" project so it will be a collector's car. I guess this is the reason they feel obligated to add $20,000 to the MSRP. Were they claiming in the 80's that the Shelby Dodge Charger would be a collector's car? I remember my friend being very excited about having one because it was going to stay a popular car like all the other Shelbys. Have you seen the asking prices for these cars? Looks like they didn't hold their value. What's the scoop?
    #1
  2. RICKS

    RICKS New Member

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    Well, simple rule of thumb is:

    1. Whatever comes out of a salesperson's mouth, should immediately be swabbed out of your ears with a Q-tip and alcohol.

    2. I don't think anybody, including Carroll himself, deludes themselves into believing the new GT500 was a "hands-on" project. It was realistically more of a "yes, I like it, the prototype drives super, you might want to dial in a little more oversteer, you have my blessing" project...

    3. They'll tell you that the Pope blessed it, if that'll get them the $20K premium they're aiming for.

    4. History will repeat itself, as it always does, for every "IT" car that rolls out of Detroit. The gold-chain crowd will throw their money at the very first ones, smugly showing up at every cruise-in they can find, smug in their certainty that NOW, FINALLY, they'll get laid..., and of course, they won't, and they'll sell it in a year and pay $20k too much for the first Dodge Challenger in town...

    Prices will level out late this fall, just have patience... :)
    #2
  3. srothfuss

    srothfuss Last night I stabbed the same guy 7 times in a row

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    Yup, that pretty much sums it up....
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  4. luvthatstang

    luvthatstang New Member

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    Thanks for your input Ricks. I agree with you but since I'm new to this I thought I'd better ask.

    I wished I'd researched all the Shelby cars before going to the dealership so I could've called him on the Dodge. I'll be armed and ready the next time I have a similar conversation with a salesman.

    I'll drive my cobra for a while and use it as a trade-in if/when I decide to get the GT500. Without any hesitation I can tell you I will NOT pay extra for this car or any other just for the sake of being the first to drive it off the lot.
    #4
  5. Ernad

    Ernad celibate sans pants

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    haha, love number 4 :lol:
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  6. majnoon mustang

    majnoon mustang New Member

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  7. 351CJ

    351CJ New Member

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    The scoop is that cars are horrible investments.

    Yes in 30 or 40 years Shelby GT-500s that have been stored away and not driven or those that have been perfectly restored at an insane cost will be worth a bunch of money.

    Are you planning on waiting that long?
    #7
  8. luvthatstang

    luvthatstang New Member

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    I, personally, would not buy a car for the sake of investment. What's the point of owning a car you're not going to drive? Heck, that's like taking a child into a candy store and telling him/her to look all you want but you can't have any!

    I would love to own a '07 Shelby, but not at these prices. I can wait two years if it takes that long. My everyday car is a Navigator so I'm going to park it and enjoy my '03 Cobra for a while.
    #8
  9. 95.0Stang

    95.0Stang Member

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    Once I can find a used one with 5-10k miles on it for $38,994 I will buy one. I anticipate this December-Februaury being the best time to get one as you will have winter to help negotiate the price down a tad. This will be like everyother car once they have a few miles on them!
    #9
  10. livyx95gt

    livyx95gt Founding Member

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    That is the strangest first post I have ever seen.
    #10
  11. RisingForce

    RisingForce New Member

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    give him a break, maybe he doesnt have a keyboard yet :D
    #11

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