Back about five years ago, classic cars were looked at as a wise investment option as prices of even moderately popular muscle cars seemed to be soaring. Nowadays, the price of rare, popular cars are still climbing…but the bottom has fallen out on many other classic muscle cars and their prices. What’s a car collector to do?
Well, you could buy a brand new Shelby GT350 Mustang. According to Mustangs Daily, these modern homages to the classic GT350 are reportedly selling for between $10,000 and $25,000 more than they cost new.
Why? It’s simple supply and demand friends. Shelby announced that the GT350 would be a limited edition sale, and we imagine it didn’t take long for the production to be swamped.. With a starting price of about $57,900, the 2012 Shelby GT350 can go all the way up to over $90,000 with options like big brakes and the supercharger.
Now normally, a car depreciates between 10% and 25% by the time you drive it off the lot. But in rare cases, cars can actually accumulate value…and Shelby GT350 owners who had had to sell their cars have, in some cases, reported making money on the sale. Not just a few hundred bucks either, but between $10,000 and $25,000. Some people would rather pay a premium price than wait the estimated six months it will take Shelby to get them a brand new GT350. We guess you can put a price on patience.