Last post on May 20, 2013 at 3:13 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Ford Mustang, Ford Mustang SVT Cobra, Coupe, Convertible
#1054 of 1125 2008 Mustang coming off lease
Aug 18, 2009 (1:11 pm)
I leased a 2008 Mustang V6 convertible early last year. The car comes off lease end of March 2010. I know I'm early with this question but I like to try to plan ahead.
Anyone know if Ford Credit will negotiate the buy out price should I decide that I want to keep the car? Can I negotiate directly with them or must I go through a dealer? Can I use any dealer or must I deal with the dealer I leased the car from? If I decide to return the car, can I return it to any Ford dealer or must I return it to the dealer I leased it through?
That should do me for now. Any advice will be greatly appreciated.
#1055 of 1125 Looking to buy a used Mustang
Aug 19, 2009 (10:13 am)
I'm searching on AutoTrader and Cars.com looking for a REGULAR 1999 Mustang (Not a GT, in other words).
I found one that I'm not sure whether it's a good deal or not. The Kelly Blue Book states the car is worth about $4110 in Excellent condition for Retailer pricing. Everything seems all right (they claim everything works, but if I go to check it out, I'm gonna be pretty scrutinizing), and they want about $3995 for it.
My only issue is the mileage. It's got about 162,525 miles on it. Is this even worth buying? Note: It does have a custom paint job and "highly customized interior".
Here's the link for the Cars.com ad: 1999 Ford Mustang
#1056 of 1125 Re: Looking to buy a used Mustang [sunfoxd]
Aug 19, 2009 (11:31 am)
You might get 50K more relatively trouble free miles out of it. Why on Earth do you want a '99 V6 Mustang? Something sentimental about that car?
#1057 of 1125 Re: Looking to buy a used Mustang [sunfoxd]
Aug 19, 2009 (7:47 pm)
Maybe it's just me, but I wouldn't pay 4K for anything with 162K miles. There are a lot of cars at that price point with half that many miles.
#1058 of 1125 Re: Looking to buy a used Mustang [stkntraffic]
Aug 20, 2009 (8:57 am)
There are a lot of cars at that price point with half that many miles.
And my son in California bought one earlier this year. '97 or '98 Mustang V6 with 80K on the clock for around $4K. From what I've been told - I haven't seen the car myself - the car is in near perfect condition.
So, it can be done.
#1059 of 1125 Re: Ford Mustang: Prices Paid & Buying Experience [kirstie_h]
Aug 29, 2009 (9:31 pm)
dont buy one they are a piece of crap . i have a new 08 convt.. it is a ......
FORDS ARE JUNK......................
#1060 of 1125 Re: Ford Mustang: Prices Paid & Buying Experience [ltomlinson]
Aug 29, 2009 (10:21 pm)
Buy one if you can but make sure at a minimum that you get a gt. I have an 07 California Special Convertible and it is without a doubt the most fun I have had in a car in the last ten years.
p.s. I am only replying because of the troll message before me by l.t. who may be able to afford finer cars for a lot more money. But let me tell you for the money the 07 vert cali spec that I bought has been the best car of my life and my wife LOVES it also so thats a nice bonus. I was so close to buying a Cadillac CTS which I think would also have been the most fun car of my life but in a very different manner.
Hey L T, lemon my ass. This FORD ROCKS! Sorry if you didn't get what you wanted though. Seriously
Feb 08, 2010 (8:44 am)
Is nobody buying these cars? Why no prices paid and buying experiences? I want a loaded GT convertible. What will it cost me?
#1062 of 1125 2010 GT Vert prices!
Feb 08, 2010 (9:31 am)
You should bet able to get 15% or more off sticker plus incentives and exceptional financing! If not find a different dealer!
Feb 08, 2010 (10:23 am)
I'd love to know what dealer would give me 15% off sticker on a new Mustang ragtop. I'm not aruguing that you can't get it just because I haven't had that experience; it's an honest question. Who would offer me that? If the sticker is $32K that means that I could buy the car for a little more than $27K, plus incentives?
I've poked around on some pricing websites and for what I'd be interested in I'm seeing $1500 or so off msrp plus incentives. I'm leasing a 2008 V6 Premium convert that has to go back end of March. I think it's a great car - fun to drive, got all the bells and whistles, haven't had a single problem with it. The buyout is around $22K and I'm thinking of buying it. I know the car, the mileage is a little less than 15k and there's still a year left on the bumper to bumper. So far it doesn't look like they'll negotiate the buy out price, but I'm still trying. From what I've seen around used, the car might be worth close to $22k in the open market. Also I'm not a real big fan of the new body style - the back end looks shorter than mine. That's just a matter of taste. The other thing is that they don't sell the new Mustang in the color I have - vapor metallic - and everyone who sees that color loves it.
Tough decision. Ford will give me an additional $1500 off a new one because I'm a current leasing customer. They don't have a current leasing program on the new Mustang, so to lease a new one would not be cost effective. Of course if you don't like the product there's little sense in going for a new one.