FPV GTF Prices

[WHYME]

Hello everyone, I just wanted to start this thread off by asking do you think GTF prices will ever drop in the foreseeable future? Like let's say a GTF that's been driven everyday and has a fair amount of KM's on it - will we see price drops? Or do you think they will always stay above the 100k price point. Will the GTF become rare? Or will it end up being like the BF GT special editions that never really took off in pricing.

Also, would or have any of you payed over 100k for a GTF?

[JC]

The GTF can't become rare - it already is rare being a limited number of 500 in Oz, 50 in NZ, so it can only become rarer by attrition.

Prices of new/near new are likely to stay up around $100k, at least for the foreseeable future, and in 2 or 3 years time, once any that are leased come off lease, you may find a few with 60,000km for sale, but I reckon they wold be snapped up pretty quickly, since by then the falcon will have stopped production. I don't think the FGX XR8 will have any impact on GTF prices, since they are different cars, despite nearly shared mechanicals.

The GTF was $77990 RRP plus on roads, so around $85k in most states. Most GTF buyers paid around that, with a few of the later ones going for $100k+.

[WHYME]

Originally Posted by JC

The GTF can't become rare - it already is rare being a limited number of 500 in Oz, 50 in NZ, so it can only become rarer by attrition.

Prices of new/near new are likely to stay up around $100k, at least for the foreseeable future, and in 2 or 3 years time, once any that are leased come off lease, you may find a few with 60,000km for sale, but I reckon they wold be snapped up pretty quickly, since by then the falcon will have stopped production. I don't think the FGX XR8 will have any impact on GTF prices, since they are different cars, despite nearly shared mechanicals.

The GTF was $77990 RRP plus on roads, so around $85k in most states. Most GTF buyers paid around that, with a few of the later ones going for $100k+.

Yes sorry I should have worded that better, they are rare having a limited build number and all but at the time so did the BF Cobra (400 built) hell even the F6 Typhoon RSpecs (only 300 built). Sure they are rare with their limited build run and all but they never really went up in value, and as time went on their prices kept dropping. Do you think it will be the same case with the GTF? We saw 40th Anniversary and BF Cobra's being posted on the net for an insane amount of cash, nowadays you can find low km ones for 40k - when all the hype came to a close and people realised they aren't going to be the next phase 3 of the modern genre.

Do you think once all the hype wears off, and the talking point goes away for the GTF the same people posting them on the net for 100k will come to their senses, realise not many are going to pay that much and lower the prices for them?

[Whitey-AMG]

All depends on what will replace it.
GTF being the last ever made Aussie GT ( falcon ) will always be a sentimental favourite so it will be a very long time before it diminishes as a collectable.

Cobra and GT 40th were a bit different because the hype was sustained briefly until the next model GT release. In the case of the GTF , it will depend on the uptake of the Mustang and how it compares for some buyers as a "replacement"
There is a lot to consider with many options for mustang coming our way, so it will eventually sway most.

Judging by the qty of FPV cars in general on carsales etc , there is a downward trend in the number available as time goes by , so the prices for some of these cars will stabilise over time as there are less examples to negotiate on price on.


Just replaced the batteries in my crystal ball - so I reckon......

GTF - mid to high 70k over next 5 years
FG Boss 335 - mid to high 30's over next 5 years
FG 5.4 - low to mid 20's over next 5 years
BF - mid to high teens over next 5 years
BA - we may see bad examples below 10k over next 5 years.

BF Cobras and GT 40th - anywhere from mid 20's to mid 30k for the nostalgia tragics.

[Falcon Coupe]

Hard to compare them to previous models as they are the last of their kind, never to be superseded by a newer model. They are the end of the family tree something none of the other limited editions will ever be.

No one knows how this will effect resale, only time and the market will tell.

[WHYME]

Originally Posted by Bluey-GT

All depends on what will replace it.
GTF being the last ever made Aussie GT ( falcon ) will always be a sentimental favourite so it will be a very long time before it diminishes as a collectable.

Cobra and GT 40th were a bit different because the hype was sustained briefly until the next model GT release. In the case of the GTF , it will depend on the uptake of the Mustang and how it compares for some buyers as a "replacement"
There is a lot to consider with many options for mustang coming our way, so it will eventually sway most.

Judging by the qty of FPV cars in general on carsales etc , there is a downward trend in the number available as time goes by , so the prices for some of these cars will stabilise over time as there are less examples to negotiate on price on.


Just replaced the batteries in my crystal ball - so I reckon......

GTF - mid to high 70k over next 5 years
FG Boss 335 - mid to high 30's over next 5 years
FG 5.4 - low to mid 20's over next 5 years
BF - mid to high teens over next 5 years
BA - we may see bad examples below 10k over next 5 years.

BF Cobras and GT 40th - anywhere from mid 20's to mid 30k for the nostalgia tragics.

I hope you're right. I'd LOVE to jump into a 335 GT for the mid to high 30's price tag and see what all the fuss is about - hehe.

[Whitey-AMG]

Originally Posted by Fully6

I hope you're right. I'd LOVE to jump into a 335 GT for the mid to high 30's price tag and see what all the fuss is about - hehe.

Yeh , I reckon we'll see that in the next 5 years for the non R spec GT models.
GTP and R spec will still command more than that depending on mileage and condition and colour of course.

[Dash_XR]

Originally Posted by Fully6

I hope you're right. I'd LOVE to jump into a 335 GT for the mid to high 30's price tag and see what all the fuss is about - hehe.

Thats what tuned GS's with Brembos are for..

As petrol gets dearer and petrol engines start to get phased out I can't see them gaining much value, far to easy to replicate too which probably wont help.

I'd never spend GTF money on a plastic Ford while you can still buy mint 60-70's GT's for less money though. In a perfect world I'd have a 335 in one of them instead.

[Chopped]

Forseeable future they will drop gradually.
Past that, you'll have to ask Gen Ys when they in their mid to late 40s. They'll be the ones buying them and determining the value.

[Smoke Pursuit]

They will drop. Plenty of them are lease cars for company directors who will do some kms.

[Kayos]

My Theory:
The prices won’t go up or stay high for any FPV within the next 10 – 20 years but beyond that who knows. How many are holding onto 40th or cobras or rspecs or GTF just in case they double… good luck with that by the way, most are stuck with them as who would buy one now?
Other reasons being,
The supply and demand factors, self-explanatory..
The Classic car factor, far from it at the moment but wait a couple of time spans..
The Muscle car factor, if we didn’t have coming soon from the same brand (mustang/xr8 or Turbos)or other performance cars that fit the bill they would have surely gone up and more would have sold.
Unicorns, unlike the phase III or IV etc these don’t have any records or race wins so the fact of having a world know collectable like a Shelby or 250 they won’t ever hit what the past muscle cars did once, hence what was the last known sold cost of a phase III and what can you find now.
Yes they are great but they are not great ones, dime a dozen just like the tickfords and any non-raced falcon, just a 4 door ford performance machine with no collectable credit.
May hurt some feelings but I’m a ford man to the end, ask anyone that knows me.

[WHYME]

Originally Posted by kypez

Point of this thread?!

I want to see if I should be getting my hopes up or not in the foreseeable future heh heh. Dat Octane GTF though *drools*

[kypez]

Originally Posted by Fully6

I want to see if I should be getting my hopes up or not in the foreseeable future heh heh. Dat Octane GTF though *drools*

Fair enough but the thread will be a hiding to nothing...

Chances are, wait 3 years and see how you go. Else get an XR8 which will be the same money really.

Whats your budget and when are you looking to buy?

[HEMI POWER]

Originally Posted by Kayos

My Theory:
The prices won’t go up or stay high for any FPV within the next 10 – 20 years but beyond that who knows. How many are holding onto 40th or cobras or rspecs or GTF just in case they double… good luck with that by the way, most are stuck with them as who would buy one now?
Other reasons being,
The supply and demand factors, self-explanatory..
The Classic car factor, far from it at the moment but wait a couple of time spans..
The Muscle car factor, if we didn’t have coming soon from the same brand (mustang/xr8 or Turbos)or other performance cars that fit the bill they would have surely gone up and more would have sold.
Unicorns, unlike the phase III or IV etc these don’t have any records or race wins so the fact of having a world know collectable like a Shelby or 250 they won’t ever hit what the past muscle cars did once, hence what was the last known sold cost of a phase III and what can you find now.
Yes they are great but they are not great ones, dime a dozen just like the tickfords and any non-raced falcon, just a 4 door ford performance machine with no collectable credit.
May hurt some feelings but I’m a ford man to the end, ask anyone that knows me.

Have to agree great cars but no race history, Mustang comes out next year most will forget and move on.Classic GT's will always be a part of history the fpv range will just be a part of remembering the Classic GT name.

[HO 3]

Originally Posted by Fully6

Hello everyone, I just wanted to start this thread off by asking do you think GTF prices will ever drop in the foreseeable future? Like let's say a GTF that's been driven everyday and has a fair amount of KM's on it - will we see price drops? Or do you think they will always stay above the 100k price point. Will the GTF become rare? Or will it end up being like the BF GT special editions that never really took off in pricing.

Also, would or have any of you payed over 100k for a GTF?

I thought the market spoke yesterday when the auction GTF stalled at 95k and was passed in, that would be the current high water mark for a manual. The biggest problem for the GTF is there is nothing to underpin its value long term except for the fact it's the last Australian built GT and it has a slightly different tune. I seriously doubt many of the guys that have bought one expect to get their brass back in their life time, let alone make a profit.

Cheers Mick

[SensationFG8]

So many people still don't get there are a heap of these cars that will never be for sale because some people bought them for what they mean to them! I'd be surprised if there were too many people looking at these in anything but an investment in fun.

[WHYME]

Originally Posted by kypez

And with that

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Sorry if I offended you or anything like that, believe me that wasn't my intentions. I was just curious to hear from my fellow ford enthusiasts on what they had to say about the matter. I just wanted to strike up conversation and didn't mean any harm by it. I personally think the GTF will become a classic in the future to come (hell they already are) being the last GT and all. As for your last question I'm not looking to buy anytime soon, but you never know what the future holds. Anyways I'd like to thank your and everyone elses feedback on the matter. To those of you who own GTF's I hope you enjoy your beasts you lucky bastards! Haha.

[kypez]

Originally Posted by Fully6

Sorry if I offended you or anything like that, believe me that wasn't my intentions. I was just curious to hear from my fellow ford enthusiasts on what they had to say about the matter. I just wanted to strike up conversation and didn't mean any harm by it. I personally think the GTF will become a classic in the future to come (hell they already are) being the last GT and all. As for your last question I'm not looking to buy anytime soon, but you never know what the future holds. Anyways I'd like to thank your and everyone elses feedback on the matter. To those of you who own GTF's I hope you enjoy your beasts you lucky bastards! Haha.

Nothing against you mate. Just saying these topics end the same. GTF isn't a "real" GT. I've buy an old GT over a new GTF. And so on and so forth.

Hope you do get the chance to own one! They are an awesome piece of machinery and won't drive terribly like the GT's of yesteryear (see the top speed run and Bowe about the old GT they took up, stepped across a lane and a half without warning!)

[Dave R]

I don't see what's wrong with this thread, GTF resale is an interesting topic- there was much speculation earlier in the year about their potential value both short and long term, now that there are a few floating around it'll be interesting to see how they fare. No need for memes to be posted.

[HEMI POWER]

Originally Posted by kypez

Nothing against you mate. Just saying these topics end the same. GTF isn't a "real" GT. I've buy an old GT over a new GTF. And so on and so forth.

Hope you do get the chance to own one! They are an awesome piece of machinery and won't drive terribly like the GT's of yesteryear (see the top speed run and Bowe about the old GT they took up, stepped across a lane and a half without warning!)

A GT is a GT.Most who own the fpv ones have an old one aswell.I own both love both of them but its the old i really enjoy, the noise the way you have to drive these beasts is something else.As mentioned just like the classic GT's the fpv's that will fetch money or be collectables will be the GT40, GT cobra, Rspecs, maybe the boss 302 specs and the GTf.Same argument can be said about the classics.Its always the HO's and the RPO's that will always demand the best return.

[xisled]

The price will always be high for these cars, as the owners will want a high price when selling. You will not see 1 under 100k in the near future IMO.

Also two GTF that I know of have been written off in car accidents so far.

[FGX-351]

Not sure on price but I noticed last night on a random look through Byrne Ford Chermside they have one new GT-F sitting in the show room.
Not sure of the colour name off the top of my head but it was black.

[gcg2503]

Originally Posted by kypez

They are an awesome piece of machinery and won't drive terribly like the GT's of yesteryear (see the top speed run and Bowe about the old GT they took up, stepped across a lane and a half without warning!)

So would you compare a 20 year old female supermodel with a 63 year old female model from 1971?

Just curious.

[cheap]

The real question is how long will the "investors" be prepared to sit on a car which has cost them $75-80k plus the interest bill per year. It is all well and good to be asking $100-140k, but the car is only worth what a buyer is prepared to pay. This has all the makings of ending in tears. I could put $80k into the stock market and make 25% pa.

[kypez]

Originally Posted by gcg2503

So would you compare a 20 year old female supermodel with a 63 year old female model from 1971?

Just curious.

No... can't see the point of doing so.

My point is simple. The thread will become (and has to an extent) about why the GTF isn't as good as GT's of yesteryear rather than the price of the car. Sure a comparison makes sense to assess probable value but the statements never end there. There will always be the extra little jibe at the GTF (and modern GT's).

The question was about the price of the car. Not what punters would rather buy.

[gcg2503]

Originally Posted by kypez

No... can't see the point of doing so.

Excellent. We have progress.

So your comment about a 2014 car outperforming (and being a better all round vehicle) than one manufactured in 1971 is just as pointless.

[SensationFG8]

Still all those thinking that everyone bought these as investments, it's just crazy talk... Given there are about 14 on car sales that's less than 10% of the purchasers who bought it to try to make a quick buck.

Many many other people bought it for what it is the best of the V8's FoA will ever produce, to them it's priceless. What is something worth that isn't for sale, usually a lot more than something that is for sale...

Once these all find their homes with people that care for them there will be very few that you can get hold of. So medium term you might be lucky and pick one up for say 60-70k, long term once people have them to keep them you wont see very many for sale at all.

[kypez]

Originally Posted by gcg2503

Excellent. We have progress.

So your comment about a 2014 car outperforming (and being a better all round vehicle) than one manufactured in 1971 is just as pointless.

I see you didn't get my point... I'm trying to make the same point you just did with people comparing the two in the first place

[HEMI POWER]

Originally Posted by SensationFG8

Still all those thinking that everyone bought these as investments, it's just crazy talk... Given there are about 14 on car sales that's less than 10% of the purchasers who bought it to try to make a quick buck.

Many many other people bought it for what it is the best of the V8's FoA will ever produce, to them it's priceless. What is something worth that isn't for sale, usually a lot more than something that is for sale...

Once these all find their homes with people that care for them there will be very few that you can get hold of. So medium term you might be lucky and pick one up for say 60-70k, long term once people have them to keep them you wont see very many for sale at all.

And thats what is going to determine the price, but only if people want them.X series GT or FPv GT both 70k well i know which one i would rather be driving on weekends

[kypez]

Originally Posted by HEMI POWER

And thats what is going to determine the price, but only if people want them.X series GT or FPv GT both 70k well i know which one i would rather be driving on weekends

And i know which one I'd rather be driving. What's this got to do with the price of the car?