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Old 06-24-2008, 12:50 AM   #31
Todd Hoven
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Default Re: 2008 Mustang Cobra Jet announced

These cars will not be worth as much unless someone takes one and races it. They will not be street legal, so who will want one unless there is some history behind it. Back in the 60's The CJ Mustangs and Hemi Darts were RACED, no put away by some collector looking to make money in 20 years. Kinda like collecting historical firearms, a wartime German marked Browning High Power is worth more than a postwar made one. Beacuse of where and how is was used. If these cars do not get raced, they will not be worth as much. Just my 2 cents
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Old 06-24-2008, 10:40 AM   #32
Chevy454
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Default Re: 2008 Mustang Cobra Jet announced

Quote:
If these cars do not get raced, they will not be worth as much.
Todd: you're correct in the fact that car's with race history bring more money...used to, guys bought favorable combos to race or drive everyday without thinking about collectible value down the road because it had never been the case before, but folks today buy cars with the intent on sitting on them in hopes that they're the next "Honus Wagner" card...remember the '78 'Vette Pace Cars? Folks drove those straight from the showroom to their garages and parked them...yet still after 30 years, even cars with single digit mileage won't bring their original MSRP. New cars are no different, and if folks out there even think for one millisecond something might be colectible, then you can darn sure bet the collectors will buy them up...whether it be beanie babies or hot rods. Folks are doing it now with the regular Mustangs now, so why would a limited production S/S edition be any different? I'll tell ya right now, it won't, unless the manufacturers require an NHRA license or comp # before a person can own the car.

Now, with all that said, that doesn't mean a car with no race history will be more valuble down the road than it's show pony counterpart, but I'll bet you dollars to doughnuts that *if* collectors/speculators can get their hands on them, they will...and the cars will sit...and that means fewer to go around for actual racers, and if dealers smell even a hint of shortage then you can expect a price hike. I can see it now...FoMoCo rolls the very first S/S Mustang across the stage @ Barrett-Jackson, Steve Pratt bids a gazillion dollars for it, and wham-o, that's one less car for the racers...only 49 more to go!
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Last edited by Chevy454; 06-24-2008 at 01:38 PM.
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