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Ford Mustang Prices Paid and Buying Experience

1060 messages,  Last post on Aug 29, 2009 at 9:21 PM

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What is this discussion about? Ford Mustang, Ford Mustang SVT Cobra, Coupe, Convertible

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#104 of 1060 Good Dealer In Northern Jersey by carfreak189 Apr 02, 2005 (4:49 pm)
Today my dad finalized his Mustang. Since he wanted to customize it he ordered his. He got a premium V6 with leather, Interior upgrade package, front seat side mounted airbags and wheel locks. Msrp on the car is 23,930. We get in 6-8 weeks. Edmunds says expect to pay MSRP the car cost us 22,359. We got the discount because he works for American Express and got a big discount but most dealer do not oblide by it when it comes to a car in such high demand. The dealer was very profesional and it was a very good atmopshere. The dealer is Elmwood Ford In Elmwood Park, New Jersey on route 4 (broadway) if your interested in a mustang or any Ford I would give them a look. Replies to this message: tpken (Apr 04, 2005 12:45 pm) m1miata (Apr 04, 2005 1:28 pm) tpken (Apr 05, 2005 11:31 am) fenwaypark (Jun 15, 2005 12:35 pm)
#105 of 1060 those buying convertibles by m1miata Apr 02, 2005 (10:39 pm)
Question for those buying convertibles. Do they offer a roll bar as an option? Did you buy a roll bar?   Loren
#106 of 1060 No rollbar by johngalt Apr 03, 2005 (12:01 am)
You gotta keep your convertible right-side-up at all times according to the owners manual... there is no roll bar.
#107 of 1060 How long are most people waiting on the Mustang GT Orders? by purplegt Apr 03, 2005 (12:24 am)
Just wondering if anyone else is waiting as long as I have on my 05 Mustang GT... Ordered early Nov. 04...Premium, Torch Red, Charcoal Interior with Interior Upgrade Package...500 Watt Stereo. Rec'd a call from my dealer about 3 weeks ago after bugging them about my order, they are telling me that the car has not even hit a production schedule yet, they can't tell me where it is at in line for production! 6 months later......any suggestions? Anyone else experiencing the same problem? Was told another guy ordered his 2 months before me and he still doesn't have his.....I'm really feeling like I'm getting a run-around. Thank goodness I have a sweet purple 1996 Mustang GT with only 43,000 miles on it to drive while I wait for the new one.....HELP!!! Thanks for any suggestions.... Waiting......in Wisconsin!!! Replies to this message: m1miata (Apr 03, 2005 11:09 am) purplegt (Apr 03, 2005 8:57 pm) scottymom (May 20, 2005 8:08 pm) m1miata (May 22, 2005 5:39 pm)
#108 of 1060 Re: mustang convertible [huck1] by purplegt Apr 03, 2005 (12:41 am)
Replying to: huck1 (Mar 24, 2005 9:38 am) Hi - I ordered a GT coupe in November 04......6 months later, I'm still waiting on it...after my dealer called Detroit 3 weeks ago, they tell me they can't even give me a number or tell me where it is in production....it's not in production yet!!!! If this is any consolation....be prepared to patiently or impatiently wait.....! Replies to this message: stangman (Apr 13, 2005 1:28 am)
#109 of 1060 Re: How long are most people waiting on the Mustang GT Orders? [purplegt] by m1miata Apr 03, 2005 (11:09 am)
Replying to: purplegt (Apr 03, 2005 12:24 am) If they can not deliver in 6 to 8 weeks, cancel the order. Nothing wrong with a '96 GT with only 43K miles on her. Keep it! One of my favorite body styles of Stangs over the years. It has a well rounded body, lean looking, and the interior has a better looking rounded dash on it. You can actually view the speedo and tach better on the older car too. The insurance is lower on the one you have. The price on Mustangs, after all the whoopla is over, will be discounted $2k to $3k no doubt. Ford and GM never get retail for anything, unless it is during a fever time, like PT Cruiser or New Beetle crazed buying frenzy. If you are really in need a car with the current body style, why not get the real deal. Look for a 1969 Stang, and have chrome bumpers and really sharp styling in the original package. Do you really need, or even want throttle-by-wire and such? If you are getting a stick, try one out before buying.    Loren Replies to this message: purplegt (Apr 03, 2005 8:57 pm)
#110 of 1060 Miatas maybe.. not Mustang GTs by johngalt Apr 03, 2005 (5:03 pm)
The difference between invoice and MSRP on the GT is about $2500. I doubt you are going to see 2-3K discounts on this car in the near future. Dealers are moving them off the lot within hours at MSRP and up.   I'm not dissing the '96 Stang but the '05 is a different animal.   Ford and GM are starting to get the hang of it with the Mustang and the 300...   Also, there is a lot of mythology about insurance... check with your carrier before you believe the internet prophets of doom - my insurance is not bad at all on a GT Vert.
#111 of 1060 Below invoice by m1miata Apr 03, 2005 (6:45 pm)
Lots of cars are sold below invoice. Sure the GT Stang may not for a few more months, or maybe give it two years - hard to tell. Sooner or later, it will sell at invoice or lower, if you are saying only a $2,500 mark up. I do not believe that the invoice is the bottom line. Too many other payments must go to the dealerships. Otherwise, why would anyone assume the risk of a car dealership. If you own a few million, and had it sit in a bank at 4% interest rate it makes more than what they claim they are making on new cars. Look at all the people that work there, and the floor space, inventory, advertising expense, insurance, etc. And they are going to make a few hundred bucks on a car. So what would the poor starving salesperson make? How did they discount a V6 down to $14,888 brand new in 2003 and 2004 before the latest change of model? Plenty of Hertz rental cars coming into service, and as the car becomes more common the prices will come down. As for insurance, the convertibles insurance is less than the other mustangs because the clients tend not to bend the metal as much. They are better drivers, or at least more conservative drivers. That said, I would not own a soft top without a roll bar. The new retro style is pleasing enough to the eye, and they did some things to the car to improve it, and some things I am not sure are a plus. More good than bad, I guess, if getting an automatic. The look is OK, though I am old enough to have already been there and done that. I owned a '65, and did like the new styled '67 and '69 when they came out. After that, they kept creeping up in size. I hope this is not history repeating itself, as I see a couple of inches here and there as years go by. Best they stop already with any more up sizing. And some day, I guess we shall see IRS, as this is the year 2005, and I doubt if but a small percent would complain about it not working for drag racing. Some say it is keep the cost down, but the cost is not down, it is higher. Some are approaching or surpassing the cost of buying a new BMW sedan. A fun car, at a low price, is how I look at the sporty Ford, so $18,500 for V6 or say $21,500 or so for a V8 makes sense to me. Actually, I see American cars usually as a better used car value, though lately some have hard large rebates/discounts. If I was rich enough, and it did not matter so much cost wise, yes the new Stang GT at any price would be a fun toy.
#112 of 1060 Insurance on Mustang GT? by lassen54 Apr 03, 2005 (8:50 pm)
You may want to check with your insurance agent before buying a new mustang. I was presently surprised when my agent insured our new mustang gt convertible for less than $1,000 per year...maybe by 50 years of age and good driving record had something to do with that.   There are very few new cars out there that can match the Mustang GT for performance at a similar price...take a look at the price of any new car that is anywhere close to the new mustang in performance, appearance, and fun...and you can be looking up to twice the cost---especially a BMW!   The Mustang with a six is very peppy and fun with over 200 HP. My friend bought one and is very pleased with it! The Mustang six may be an even better value than the GT.   I think Ford has hit a home run with the new Mustang!

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