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Mustang prices skyrocket


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The Brand New Ford Mustang Shelby GT350 is already a classic. At Least, it’s promoting like one.

Probably The Most excessive-efficiency coupes was just lately sold at a Mecum Public Sale experience in Kissimmee, Fla., for $One Hundred Fifteen,000 – greater than double its sticker price of $Fifty Five,000.

And the successful bidder can have gotten a cut price. Most Effective A Hundred GT350s and 37 two-seat GT350Rs had been constructed ultimate 12 months, and the Public Sale Automotive, which was nonetheless in the wrapper, was one in all Handiest three that had been painted blue with white racing stripes and outfitted with the non-compulsory Track %.

But It’s not the only Mustang prancing round with a six-figure ticket. Some Other of the 2015 models is currently marketed by way of Van Bortel Ford in East Rochester, N.Y., for $149,500, and a 2016 GT350R that hasn’t even been built yet has been posted to Hemmings.com for $A Hundred Seventy Five,000. As of this writing, Vehicles.com lists three different 2016 GT350s with asking prices over $A Hundred,000 and dozens extra for $80,000 and above.

While Ford hasn’t published what number of GT350s it’ll build this year, production “will probably be consistent with the volumes of our earlier performance Mustang, the Ford Shelby GT500,” a spokesman informed FoxNews.com. Fewer than 6,000 of those had been offered, so many of Ford’s roughly 3,100 dealers can be lucky to get their palms on just one GT350.

The GT350 isn’t the only American muscle Automotive that’s seen these kinds of “market adjustments” brought to their price in recent days. Markups on the in a similar way low-volume Stay Away From Challenger and Charger Hellcat fashions received so out of hand final yr that the automaker, so that you could motivate dealers to convey the costs down, had to update its allocation coverage to penalize those who didn’t sell their Cars in a well timed type. Nonetheless, it’s nonetheless common to look the $65,000 Cars listed for over $100,000.

The Ford spokesman said the company recommends that its sellers sell Vehicles on the MSRP, but considering they’re all independently owned, there’s Simplest a lot the company can do about it. That mentioned, a leaked replica of its allocation application suggests that the extra common Mustangs the sellers promote, the extra GT350s they get. The bonus for each three of those earned is a GT350R.

And Whereas the GT350 is bought Simplest in the united states and Canada, a equivalent situation is growing on the other side of the globe.

For the first time ever, Australia is getting manufacturing facility-constructed right-hand-power Mustangs, however not virtually sufficient of them. There’s a 12 months-long waiting list for V8-powered Mustang GTs, and Cars Information reviews that sellers and “scalpers” are flipping the $57,490 (AUD) Vehicles for as much as $30,000 over list.

Pony up.

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Return of the Shelby GT350

Watch the most recent video at
video.foxnews.com



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