Shelby GT500 Prices Hit The Wall and Go Splat
June 29th, 2007 by CobraMatt
Mark this glorious month of June down on your calendars as the month Shelby GT500 prices hit the wall and went splat. I know this because I have been religously watching markups/prices ever since they came out about a year ago and I can honestly say everywhere I look prices are coming down even if it’s slowly. The prices I have been seeing on Ebay, Autotrader and various other places are in the low $50K’s and even some sellers are asking high $40K’s. Now I know there are still alot of dreamers out there and what I mean by this is your XYZ dealer still asking rediculous $65K prices, there are plenty on Ebay as I type this. I just laugh and move along when I view prices like those and you should to. I knew this time would come but did not think it would take almost a year for prices to head downward.
More fuel to my fire comes from a recent trip to my local Ford Dealership where I was purchasing an SUV for the wife and in the showroom they had a red GT500 coupe that had been marked down a few times; $59K > $57,700 > $55K. I asked our salesman why the mark downs on the GT500 and he flat out told me nobody has even made an inquiry about the vehicle for sometime and they were looking to move it. I wonder if this is the norm for dealers around the country, why else would we see these lowered prices.
After the jump I have listed the deals and dreamers I found on Ebay.
Decent Low $50K Deals
- 2007 Shelby GT500 Coupe, Vista Blue - $53,900 - Ebay Link
- 2007 Shelby GT500 Coupe, Alloy - $53,270 - Ebay Link
- 2007 Shelby GT500 Coupe, White - $52,995 - Ebay Link
- 2007 Shelby GT500 Coupe, Red - $52,000 - Ebay Link
- 2007 Shelby GT500 Coupe, Vista Blue - $53,500 - Ebay Link
Dreamers
Let me know if you are seeing the same things I am in the comments.
2Driftwell Says
This is good news, maybe people who really would like to get one can finally afford one. This whole dealer mark up is extremely frustrating.
I had a deposit down on a GT500 for over a year and half. The dealer called a month ago and wanted $10,000 over list, told them no thanks and bought a regular GT instead.
Now I have extra cash to personalize my car to what I want it to be. I couldn’t be happier! I even had enough money left over to buy a “winter beater.”
Jun 29th, 2007 at 11:40 am
joseph onimus Says
hello well it true about the shelby gt500 price are droping i just order a 2008 red Gt500 at Msrp so you can buy them for Msrp you just got to look around the only thing is you have to waite for it like a few month to get it because Ford is slow at getting it out of the plant it a3 week and still no vin# or buid Date but it will come sooner or later that what Msrp is all about Waiteing Thanks
joe
Jun 29th, 2007 at 3:45 pm
Shelby GT owner Says
Driftwell, did you buy a Shelby GT or a Mustang GT?
For those looking for an alternative to the GT500, consider the Shelby GT. The Shelby GT is also an awesome vehicle. My Shelby GT, when finished, “from the factory” will have 550-600 HP and is 500 # lighter than the GT500, GT500KR and the SuperSnake. Anyone want to race?
Jul 3rd, 2007 at 1:57 pm
2Driftwell Says
I bought a mustang gt. I live in Ontario and they don’t sell the Shelby GT in Canada.
Jul 6th, 2007 at 8:34 am
Alex Says
joseph onimus where did you order your gt500 from, i’m in the process of placing a order this week for a 2008 gt500
thanks,
Alex
Jul 19th, 2007 at 12:43 pm
Gary Griswold Says
I bought a torch red GT 500 convertible in early June for 55K tax, title and liscense included. They were talking the 15K over sticker game with me too. They caught me in the lot, leaving, and made the deal. I figured they were having trouble moving it. Now you’ve confirmed it. Love the car, but the 3.31 gear sucks. It will get a 3.73 in the spring.
Aug 1st, 2007 at 6:24 pm
matt Says
These cars are tanking in pricing which is good they should be sold at m.s.r.p. sad that Ford allows it’s dealers to make the cars up. Imagine what the GT500 KR will be going for.
Aug 2nd, 2007 at 8:28 pm
CobraMatt Says
I agree Matt, Ford allowing dealers to screw the public is not the kind of message you want to send when your car company is in trouble. None of it makes sense to me.
Aug 2nd, 2007 at 9:50 pm