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Will this go over 100k ?

  • Yes

    Votes: 9 60.0%
  • No

    Votes: 6 40.0%
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"The car is absolutely flawless with no marks or scuffs anywhere. It is in showroom condition. I’ve only driven it sparingly on weekends for short drives."

Oh would that ever change if I bought this car.

I'd drive down to Naples and abuse it like a cheap hooker on the way back.
 

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We are starting to see recession prices, over the next 6mths prices are going to drop considerably, then it will be a buyers market again...
110% agree. These will be in the $80k range eventually. This car is realistically $95k right now. $40k markup when it was new? LOL. Driven 425 miles? Hahaha. You paid all this and what? It just sat? You looked at it in your garage? How'd that work out for you?
 

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$80k range…? I think this will be dependent on what Ford does with the S650. Right now, the 2020-2022 is still king… it is still the baddest ass Mustang of all time. If Ford never comes out with another Mustang to trump 760 hp, prices might stay real strong on these cars. On the flip side, if there is a Dark Horse Extreme cranking out 800+ horses and getting into the 9s off the showroom floor, prices for the 20-22 will soften.
Yeah, $80k range. By that I mean a price with an $8X,XXX on it. I've heard from more than one person trade-ins on CFTPs are in the 80s right now. Prices are not going up, rather the froth from all of the extra money printed over the past 3 years is going away. It's not an indictment of the car, rather what's going on around us. People were trying to get rid of GTs in 09 and 10 for stupid money, like low 100s. It's hard to comprehend now because they're so coveted today, but it was (and IMO still is) one of the most awesome things Ford has ever made in any era, let alone the one it existed in. We are still early in this cycle...a CFTP with 10k miles doesn't sound out of line at $85k. If this thing fails to break $100k with 400 miles on it, then what's one worth that has 10k? 15k? I've already seen CFTPs out there with 25k on them.
 

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This time of year is never a good indicator for a longer term price trend. Prices next spring/summer will be more telling.
True, 80% of the country is going into winter, but many big collector auctions occur in the winter. These seem to be a good indicator of the collector market in general. Besides, if you're one of these people who buys a car like this, drives it 400 miles over a 2 year period (like this CFTP), then I don't see why it matters when you buy it.
 

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Trying to parse past BAT results from the past +/-2 months, with the exception of HE cars, quite a few CFTPs got bid up to around the $100k mark and either sold or didn't meet reserve. There were a few sales in the $9X,XXX range, these were all lower mileage cars (1-2k). This is where I'd expect these to be right now. Don't try and tell any dealership this, though, because they're still dreaming. Some HE CFTPs got to $105k or so, didn't meet reserve, then another would sell in the $140k range. No real rhyme or reason although I didn't bother separating OTT stripe cars vs painted.

This sale yesterday looks like the lowest priced one yet. In June and August two cars sold around this number, but not this low. IMO BAT prices are overinflated, and they have been for a while. FOMO bidders on there buy emotionally for the most part.

I'd really like to see Mannheim figures since early October, I think that's where the real story is.
 

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Bidding is absolutely an emotional thing 😂😂 I hate being beat by someone and have over paid for shit because of it 😂

I’m curious to see how low these 5-10k mile cars can get. If I find something really nice in the low 60’s I’ll have to buy another one 😱😱😂😂
I've turned up goose eggs looking for an adequate house to buy. Buyers and sellers are still acting crazy. I'm giving the search until mid/late January and then I'll start making room for a base car if I can find one in the 70s somewhere. I figure if I cannot find something by then I'll be stuck living here for another year, so might as well. This is pretty much why I've started watching prices. I'm good with a 5-10k mile car. Honestly I'd prefer the house right now. We got shut down on a 2 acre home with a beautiful 30 x 50 garage a few weeks back by some retired couple with an RV who outbid us and had to have it LOL. :oops:
 

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1 day to go and it’s right at $80K. I’d be impressed if it breaks $90
The one that sold yesterday jumped about $10k (from 70 to 80) in roughly 10 minutes. It'll be in the 90s for sure unless people aren't paying attention since they're busy with the holiday.
 

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Yep I think the seller wrote something about the first owner never driving it then traded it in. I’m skeptical it will go over 100k
Looks like with ADM some person paid $137,550 + sales tax. To look at it. In his garage. For a couple of months. 🤡 🌎
 

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I can’t believe they had such a low reserve! That’s a solid buy just below MSRP before fees.
It was a fair price. Judging by other sales (and the no sales) on there in the past, this is right in line with the base car we just saw the other day. I think in a year even this will be considered high. $40k ADM disappeared just like that - poof. The last two BaT sales brought the lowest price yet for their type, and both met reserve. There's a BaT tax IMO, how much that is, I dunno. But if I can buy a flawless 400 or 1,600 mile example off BaT of all places, tens of thousands cheaper than from a local lot on a 10k mile car, that's pretty telling. Yep, they'll be in the 80s soon.

Party's over.
 

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It’s tilting towards a buyers market for sure! Will the Dealers holding inventory see it as such? I don’t think BAT is a guiding light for prices but it’s definitely telling a story of down trend in prices! Locally I spotted a 20 with 7k on the clock sell for $72550
During the past year/year and a half, BaT was the place to go if you wanted top dollar for your car. Lots of silly bidding. The GT500 and Ram TRX market are two I think have been seriously overvalued. There was an article somewhere yesterday about the price of G-Wagons taking a hard dive, and then another video I watched about C8 prices starting to head downward. Some sellers might be taking delivery of a Z06 but that number is probably small in relation to overall C8 production, even though it was restrained in 20 and 21.

We'll see but I seriously doubt this trend is going in the opposite direction. Plenty of people on this board in cold climates have been taking delivery at the beginning of winter. Plenty of people in warm climates (like myself), or marginal climates whose driving fun isn't affected by seasonal changes. The big BJ and Mecum auctions happen in the winter. Amelia Island happens in the winter. Specialty cars tend to sell no matter what the weather is doing. GT500 and C8 prices didn't really back off last winter.
 

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Update...

FYI, a HE base with 780 miles sold yesterday for $92k.


CFTP with 1,300 miles, sold $97,500


CFTP with 545 miles is at $88,500 with a day to go.


CFTP with 290 miles is at $75,000 with 2 days left.


Seems like dealers are trying to buy them, hoping to flip. I think they're going to be sorry.

Also seems like current market is somewhere near original sticker IF it's a low mileage car.
 

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If you are in the market, this time of year is a good time to buy.
Yes and no. If your only choice are dealerships, they still haven't gotten the message. They will. If you want to fight over something on BaT yeah maybe. Don't see too many for sale via private sellers around me.
 

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No one's saying base cars are going to be in the 50s unless they're, salvage title, uber high mileage and/or worn. I'm the most glass half empty person here and even I think they'll settle into the high 60, low 70 range. Outside of some desperate fire sale, 50s is a way off. I'm just being realistic. BaT and these big swinging dick auctions are usually inflated due to the bidding nature of them, Mecum and BJ more about swinging your weenie around + lots of alcohol. A dealership in the middle of Iowa isn't going to pull Mecum numbers. The question is: what's the inflation factor of your car being on BaT? 10%? If so, then knock that off whatever the sold price is for "regular", lot lizard cars. I wish I had access to Mannheim auction info because that's where the real numbers are. COVID, PPP, overinflated RE values and crazy amounts of stimulus messed up the car market. This is a short term phenomenon.

Also, when production was stopped on S197 GT500s, values trended downward, albeit slowly, and continued to do so until COVID. I see no reason what that would be any different here.
 

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If history is a guide it'll be several years into this next generation before they make another GT500. And it'll probably be some EV/gas hybrid with 1,000hp.

What I am saying is BaT is a high water mark for prices generally for whatever reason. So is Mecum and BJ. It's the easiest way to find actual sold (not asking) prices. If there is somewhere else other than Mannheim, by all means LMK.

What I am also saying is a vehicle which stickered for $79k and sells used 2 or 3 years later for $70k is doing pretty well by any historical measure.
 

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Yikes. That's a pretty car too. I think this one is an anomaly due to its unicorn serial. I don't see the value but I guess some people do.

The red one on there is optioned almost identically, should end tomorrow.
 
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