I preface this post by saying I am not a car flipper, and have no intention of buying this vehicle just to turn around and sell. I am also aware that conversation is probably an exercise in futility since no one knows the future, and that it is not near the top of the list of important purchase factors, but...
The cost of this car is extremely high for a Mustang, and so an apples to apples comparison on what future values will look like does mot currently exist (if wrong on this please advise). Many sports cars from very high end brands that used to be immune to depreciation are starting to get hit hard, and other vehicles who were commanding massive markups are failing to sell at prices below MSRP, at times WAY below.
I understand this car is different, both in its handbuilt nature (by MM one of the best out there) and limited production (but how limited we still dont know), but it is also the first time Ford has tried to sell a Mustang for Ferrari money. So, after the car flippers have their fun when the 2 year clock runs out, what do you guys think the future value trajectory looks like?
Will it follow a path like the last gen FGT (even though GTD isnt a unique platform like the GT nor has the racing history pedigree of the GT) or is there a chance that with performance cars continuing to get faster on track, as they do with time, that their will be too few eager buyers for a 400k Mustang?
Again, I plan to hold onto my car, but this purchaee is turning into a much larger investment than originally expected (based upon options being more expensive and needing more of them to get the car I want), so I have to look at this as an investment as well. Not to make money, but at least not lose it (most cars are depreciating assets, but at this level?) I do not think that this is likely, but I also have some confirmation bias going on because I really really want the car.
So, while this is a conversation I have not wanted to have, I figured some other opinions from people with more experience than myself with these kinds of cars could help. Please do not flame me for being THAT GUY, I am not, just want to have an open discussion. This subject is probably important to a number of us, who love these cars, but are stretching to make the purchase happen and need to know what they are getting into (or at least get as much info as possible).
Thank you in advance!
The cost of this car is extremely high for a Mustang, and so an apples to apples comparison on what future values will look like does mot currently exist (if wrong on this please advise). Many sports cars from very high end brands that used to be immune to depreciation are starting to get hit hard, and other vehicles who were commanding massive markups are failing to sell at prices below MSRP, at times WAY below.
I understand this car is different, both in its handbuilt nature (by MM one of the best out there) and limited production (but how limited we still dont know), but it is also the first time Ford has tried to sell a Mustang for Ferrari money. So, after the car flippers have their fun when the 2 year clock runs out, what do you guys think the future value trajectory looks like?
Will it follow a path like the last gen FGT (even though GTD isnt a unique platform like the GT nor has the racing history pedigree of the GT) or is there a chance that with performance cars continuing to get faster on track, as they do with time, that their will be too few eager buyers for a 400k Mustang?
Again, I plan to hold onto my car, but this purchaee is turning into a much larger investment than originally expected (based upon options being more expensive and needing more of them to get the car I want), so I have to look at this as an investment as well. Not to make money, but at least not lose it (most cars are depreciating assets, but at this level?) I do not think that this is likely, but I also have some confirmation bias going on because I really really want the car.
So, while this is a conversation I have not wanted to have, I figured some other opinions from people with more experience than myself with these kinds of cars could help. Please do not flame me for being THAT GUY, I am not, just want to have an open discussion. This subject is probably important to a number of us, who love these cars, but are stretching to make the purchase happen and need to know what they are getting into (or at least get as much info as possible).
Thank you in advance!
