Bad News

"PS9" (PS9)
09/02/2014 at 18:39 • Filed to: None

GT Prices are spiking. Theyre hovering at $300k, nearly triple what they were not even a half decade ago. Better get it in the next 5 years or so if you don't want to pay a million...

DISCUSSION (29)

Brian Silvestro > PS9
09/02/2014 at 18:41

CAcoalminer be like

Kinja'd!!!

Blunion05 drives a pink S2000 (USER WAS BANNED FOR THIS POST) > PS9
09/02/2014 at 18:41

The car sold for $150k originally 9 years ago, so that's double the value.

Saracen > PS9
09/02/2014 at 18:41

$100k for that was was such a steal. Oh, to have been able to take advantage of it..

$kaycog > PS9
09/02/2014 at 18:45

Wow. I've got to save even more money now. Oh, well, it's lovely to have dreams.

Kailand09 > PS9
09/02/2014 at 18:46

Kinja'd!!!

http://www.superformance.com/gt40.aspx

Good enough to me!

GhostZ > PS9
09/02/2014 at 18:47

Random walk prices, motherfucker!

Doubt they'll ever reach a million in the next decade.

 > PS9
09/02/2014 at 18:47

House or GT. That's a tough one.

Arch Duke Maxyenko, Shit Talk Extraordinaire > PS9
09/02/2014 at 19:04

Over 400k for a heritage edition

Vince-The Roadside Mechanic > $kaycog
09/02/2014 at 19:45

Marry Bill Gates.

Blunion05 drives a pink S2000 (USER WAS BANNED FOR THIS POST) > GhostZ
09/02/2014 at 20:07

In the next decade this car won't be worth a million dollars by a long shot. Many American collector cars aren't worth that much, very few are. The Ford GT will probably only fetch $450-500k in the next ten years. It takes a very long time for cars to appreciate, with the exception of cars like the 250 GTO.

GhostZ > Blunion05 drives a pink S2000 (USER WAS BANNED FOR THIS POST)
09/02/2014 at 20:09

Completely agree. The price now and in the past has no direct effect on the price in the future, only the events as they are happening at the instant the price is set, affect the price.

And even the 250 GTO took ages to reach its peak.

CAcoalminer > Brian Silvestro
09/02/2014 at 21:09

You're a funny man, Brian.

Brian Silvestro > CAcoalminer
09/02/2014 at 21:13

Haha! I knew you'd show up eventually. I assume you knew the prices were going to move this way from the beginning, no? That's the reason I assume you bought two.

And DON'T LIE, that hilarious picture above is your mood after hearing those prices.

CAcoalminer > Brian Silvestro
09/02/2014 at 21:22

Well... I was quite confident that Ford would never build anything that looked even remotely like the GT ever again and wouldn't build a true "supercar" for a while so, in a way, yes. However, I truly have enjoyed them because they mix the raw, direct connection of cars of my younger years with the perfect amount of technology and amenities from modern ones. Also, I happen to be quite smitten with their looks.

Haha. You'll never know.

Brian Silvestro > CAcoalminer
09/02/2014 at 21:27

You make me want a Ford GT more and more with every conversation we have.

Classic cars too. I'm convinced older cars are the best cars.

CAcoalminer > Brian Silvestro
09/02/2014 at 21:45

Haha. Well I'm glad. They truly are wonderful vehicles.

Classic cars are definitely the best. Designs were beautiful and uncorrupted, supercars took real effort to drive, all the sounds were natural, etc. With that being said, reliably was atrocious by today's standards. However, with a few modern upgrades, you can enjoy all the benefits of those timeless machines without the headaches.

What is your favorite classic?

Brian Silvestro > CAcoalminer
09/02/2014 at 21:49

The purest driving is the most enjoyable driving.

Kinja'd!!!

One of these is probably my favorite. It's just so....beautiful....

Sadly the prices have doubled in the last year.

What's your favorite?? You must've driven some amazing machines.

CAcoalminer > Brian Silvestro
09/02/2014 at 22:15

I couldn't agree more my friend.

Alfas truly are wonderful. In fact, I can still remember the first time I saw a picture of the Tipo 33 Stradale. Needless to say, it made a deep impression on me.

Well picking one is tough but I'd have to say my DB5. I just don't think anything carries the same sophisticated presence as an Aston Martin. However, my first drives of a 427 Cobra and Carrera RS are definitely memorable as well.

Brian Silvestro > CAcoalminer
09/02/2014 at 22:19

Man, Aston Martins make some of my favorite cars. You're a very lucky person to have experienced a car like that.

The Cobra must've been insanity, and the Carrera was probably amazing as well.

CAcoalminer > Brian Silvestro
09/02/2014 at 23:04

That's what I find so fascinating. Today, whenever I see how much those cars are going for, I'm simply amazed. At the time, I felt privileged to be able to own an Aston Martin but I treated it the same way I would a new Vanquish today. I drove it daily and didn't fret if it got dirty or my wife spilled coffee in it (yes, this did happen). In fact, a longtime friend used to daily drive a 275 GTB/4 and just leave it parked on the street in front of his apartment in Paris. You have to realize that at the time we didn't value them as much because we were always looking forward to what was coming next (think of F430 owners anticipating the 458). It's only after experiencing the most recent descendants of those classics, that you realize just how special they were.

You're assessments are both spot on. I knew the Cobra would be bonkers (I would argue it still is even by today's standards) based off of its stated numbers but nothing could prepare me for it. The acceleration was just unlike anything else at the time and the fact that you could light up the rear in any gear just added to its overwhelming character. The poster child for "love me or hate me but I'm not changing for anyone." Honestly, I respect the individuals who actually raced these because they were either very talented or fearless, probably both.

The RS was a much more friendly car. Yes, it would swap ends if you became greedy or careless with the throttle but honestly it was just so rewarding. Unlike the Cobra, the car felt like it was designed using a holistic approach. That said, the car's shining spot was its engine also. There just isn't anything like a Porsche flat six.

Brian Silvestro > CAcoalminer
09/03/2014 at 07:53

Wow, amazing stuff. I guess we never really know what we have until it's gone. The worst part is that we know they're never going to make cars with such a raw, unobtrusive driving experience again. What's ever left in the world is all we're ever going to get, and that makes me sad.

My friends over at the Classic Car Club brought their 964 to our local Cars & Coffee one day, and man, the sound that thing made was something I've never heard before. Simply amazing.

CAcoalminer > Brian Silvestro
09/03/2014 at 10:01

Very true. The only cars that I can think of that are still built using a classic car mindset are the Noble M600 and probably the Lotus Exige. Can you think of any others? Also, speaking of the M600, did you know that they are considering making a convertible version ?

Kinja'd!!!

Very cool. Do you know if its exhaust was stock or modified?

Brian Silvestro > CAcoalminer
09/03/2014 at 10:17

OMG I obsess over the M600, it's so awesome. I think we're secretly the same person. Yes, I'm aware of their plans for a convertible, but they're such a small company, it'll be awhile before it comes out.

I can only think of Morgan, their 3-Wheeler is very cool, very simple.

The car was pretty modified, had a roll cage among other things I can't recall. It was so great. They gave me a ride in it, and I've never experienced a car so raw, so loud.

CAcoalminer > Brian Silvestro
09/03/2014 at 10:45

Haha potentially. I agree but I can't wait to see it once they do produce it. I once told my son, mostly halfheartedly, that if he was ever promoted and sent to Europe, that I would pay for half of his house as long as I could build a huge barn on his property and keep my "forbidden fruits" (cars that aren't legal in the US except through show and display) there.

Ah yes, Morgans.

Sounds terrific. It seems like the guys from CCC are very nice individuals.

Brian Silvestro > CAcoalminer
09/03/2014 at 11:51

Haha that seems like a genius idea. There are endless cars I can think of only available in Europe...that would have to be a really big barn.

If you're ever in NYC, the Classic Car Club is definitely the best place for an Enthusiast. They have many many gorgeous cars.

Do you know if the M600 is allowed in the country through the show and display law? Because I know it's not outright legal here.

CAcoalminer > Brian Silvestro
09/03/2014 at 14:54

I know. I need to start working harder. Haha

I'll definitely have to swing by when I'm in the area again.

I don't believe that it is. Also, I don't think you could apply for it to be considered yet due to the fact that it's still being produced and therefore you couldn't make a case that it is limited production or of significance. I could be wrong though.

Brian Silvestro > CAcoalminer
09/03/2014 at 15:00

I guess the US just really hates cars. It's a national tragedy. I read in the article you linked about the M600 that they're open to all markets except the US, which is a heartbreaker. Oh well. I'm sure a few will make it to shore (some probably have already).

Also, don't you just hate when you find your dream car for the right price but aren't in a position to buy it? Yeah that just happened to me.

http://www.oldtownclassics.com/gallery/v/curr…

CAcoalminer > Brian Silvestro
09/03/2014 at 15:30

Yes, our laws are definitely antiquated and ridiculous. I'm also saddened that Noble isn't focusing on our market but I can't really blame them as the money spent to be certified for the US could open up many other markets.

This and realizing that you should have bought a certain vehicle back when they were affordable is the worst. Beautiful find by the way.

This article basically sums up my biggest regret:

http://www.automobilemag.com/features/by_de…

Brian Silvestro > CAcoalminer
09/03/2014 at 15:45

Ugh that hurts my insides....that's so much appreciation....

I could name countless vehicles that would've been perfect for both enjoyment and investment 10 years ago, but alas, money is the factor.

If I could just own that Alfa for the rest of my life I'd be a happy man. I probably wouldn't want for much else. It just seems so perfect.