2005 Ford GT

[FrankBarba]

I was offered 220K for my FGT with 2400 miles. Should i take or hold?

[FLATOUT]

Cars worth 20-30k more.

[City]

You're apparently not driving it. So as an investment, you should consider your cost of ownership (maintenance and insurance) and base the decision on whether you feel there is additional appreciation in the market.

Not that you asked, but I've never been convinced of automobiles as a prudent investment, UNLESS, you have the means to store and maintain cars as a volume business. The value derived from my investment in cars comes predominantly from the driving pleasure. Simple "ownership" without use never made sense to me.

Sorry ... you can just ignore the editorial portion ;)

[bluesrt]

another easy sale, take the money if you don't want the car, nice offer- maybe counteroffer them some, get the deal done- insurance/taxes/all that bs overhead, car sittin around and stuff breakin and it sittin and rotting

[sparkrn]

Sell it and all other cars u have, then completely leave the car hobby and move to Alaska!

[Nine Ball]

These cars will be the $1M auction cars at Barrett-Jackson in 10 yrs. Just depends on if you want to wait, or not.

[Drummerviper]

Hold. A dealer might give you that for it

[ViperSmith]

These cars will be the $1M auction cars at Barrett-Jackson in 10 yrs. Just depends on if you want to wait, or not.

My CPA nixed the idea of buying one with a self directed IRA lol

but its an investment!

[Policy Limits]

Interested. What color & does it have all four options?

[C.J]

Sell your VOI9 car instead if you still have it. GTs should do well in the long-term.

[Granger73]

My CPA nixed the idea of buying one with a self directed IRA lol

but its an investment!

Find a new CPA.

[Granger73]

These cars will be the $1M auction cars at Barrett-Jackson in 10 yrs. Just depends on if you want to wait, or not.

I totally disagree. Way to much production. Way to much anticipation. I think the values will peak out over the next several years. Will be a collectible, but not at that level. IMO

[ACRucrazy]

I was offered 220K for my FGT with 2400 miles. Should i take or hold?


Yesterday i received a phone call from local Nissan Dealer. He has someone
that is looking for a 96GTS. I have 8K on the odometer, original owner.
should i take the 50K he offered, (knowing he is going to flip). should i take it ?


Yesterday i was moving some vehicles & i had my 2008 ACR Hardcore on the Trailer.
While at the fuel station a guy walks up to me offers me 70K for my Hardcore with
6 miles on her. Should i take it ?

:t0140:

[FLATOUT]

I totally disagree. Way to much production. Way to much anticipation. I think the values will peak out over the next several years. Will be a collectible, but not at that level. IMO

I agree,

I think Heritage cars will top out at 500K Regular cars at 300K.

[TooBlue]

Sell it with the ACR

[sparkrn]

:t0140:

This guy gets it!

[Policy Limits]

LOL. I noticed that too from running a post search.