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Need help valuing 2009 Shelby GT500 by Shelby American signed by Carroll Shelby

Discussion in 'Introductions and Greetings' started by t724944, Jan 7, 2016.

  1. t724944

    t724944 Member

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    What do the experts think this is worth? Fully loaded (original MSRP $48,565) Shelby GT500 Torch Red with $15k upgrade by Shelby American (performance suspension, borla exhaust, brake ducting, gauges and carbon fiber splitters, etc.). Like new condition.
    History: Second owner purchased vehicle in January 2011 with 10,383 miles. GT was transported to Shelby American in Las Vegas in February 2011 for upgrade to GT SE Package CSM number 09SE0023. 25,200 miles currently. All documents and records available. No warranties expressed or implied.
    All comments welcome. Or call Dave @ 281-415-6871 or email @ t724944@gmail.com.
     
  2. mrmustang

    mrmustang Well-Known Member

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    Difficult to say without seeing an actual list of modifications (IE: documentation from SAI for what they installed)


    Detailed pictures, and a better, well written, highly detailed description will be needed


    Finally, was the car converted by the first owner or the second?
     
  3. t724944

    t724944 Member

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    Original Ford Vehicle Window Sticker pertinent summary: 2009 GT500 Coupe; exterior torch red clearcoat; interior black w/leather accents; 5.4L SC 4V V8; 6-Speed Manual Transmission. Additional over standard equipment: order code 820-A Shelby Coupe; Shelby rear decklid spoiler; Shelby interior package; over-the-top racing stripe; Sirius SAT radio; AM/FM stereo/6-CD in dash/MP3; HID headlamps; ambient lighting; DVD based navigation system; white tape stripe; full vehicle cover.
    MSRP: $48,565.

    Upgrade at Shelby American - Las Vegas - auto transported to Shelby American in February 2011 by second owner. Only 24 of these GT SE Packages were completed for 2009 Model - CSM 09SE0023. Have detail order for $14,999 upgrade. Pertinent summary: 4-port manifold block; sequential taillights; GT500 Cat Back Exhaust Touring; boost, oil, fuel gauges; Shelby letters for GT500; brake cooling; engine cap set GT500; duct hoses; CS56 Shelby Wheel 20X9; Pirelli PZero 255-35ZR20 front/275/35ZR20 rear; handling package GT500; SVT short throw shifter; panhard bar; carbon fiber front splitter; carbon fiber rocker panels; all CSM badges, engine plate, etc.

    All papers available.

    Need help valuing this special automobile. IMG_4834.jpg IMG_4844.jpg IMG_4848-1.jpg IMG_4826.jpg IMG_4847.jpg
     
  4. mrmustang

    mrmustang Well-Known Member

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  5. t724944

    t724944 Member

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    25,300 miles: original owner 10,383; second owner added about 15,000. Has been mostly sitting in garage for last year and only driven about once per month to circulate fluids. Shelby was shown at Mecum in Dallas in 2015; second owner had reserve of $65,000 and wouldn't accept lower bids around $50,000; now second owner has lost interest and is willing to negotiate more.
    Thanks for interest.
     
  6. mrmustang

    mrmustang Well-Known Member

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    Don't think the second owner will be happy as current values range from $27,900-$33,500, and that is if the car is truly mint, cleaner than showroom condition, in, out, and underneath. Dealers are asking $32,600-$55,000, but none are moving at anything over 34K for the last several months
     
  7. 66GT350PS

    66GT350PS Well-Known Member

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    is right on the mark based on market demand

    This evaluation is right on the mark for pricing for a non KR (only 712 in 2009). The market demand, the high production numbers (3000 of the 2009, 0ver 45,000 GT500 during its and the high mileage (daily driver level) makes this a $30,000 to $32,000 GT500 on a good day. The signature is a nice bonus, but carries little extra value due to the proliferation of CS signatures on cars and memorabilia. The SE upgrades are a slight but bonus but not much. With over 47,000 GT500 cars manufactured from 2007 to 2014, there is enough of them to go around and for sale at much lower values than the asking price for this 2009.:cool:
     
  8. t724944

    t724944 Member

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    Thanks for input. The analysis makes sense. Thought that the "1 of 24" customized by SAI might have carried more weight. The second owner will be disappointed but as I said, he has lost interest. I'm checking the big Mecum show online from Kissimmee, Florida. Any other thoughts from other Shelby experts will be appreciated.
     
  9. mrmustang

    mrmustang Well-Known Member

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    The 1 of 1 cars have some additional value, even the 2 of 2 cars, but when you get above that, it's "just another Shelby", in this case, there are 23 others out there just like it, and the potential buyers that are after that 1 of 1 car, or 2 of 2 car would not even consider something as "common" as a 1 of 24 car.

    If you are expecting to garner huge profits at auction, the car better be cleaner than the day it rolled off the assembly line, in, out, underneath. It also must be something truly special, and no, having CS's signature is not it :rolleyes:

    Sell fees
    Insertion/auction fees
    Placement fees if you want the car to go over the block during prime time.

    They all add up

    Bill S.
     

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