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
#111 of 1125 Below invoice
Apr 03, 2005 (7:45 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 1125 Insurance on Mustang GT?
Apr 03, 2005 (9:50 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!
#113 of 1125 Re: How long are most people waiting on the Mustang GT Orders? [m1miata]
Apr 03, 2005 (9:57 pm)
Hi, thx for the reply...I decided to send the dealer an email this morning and see what I get for a response this time....after waiting 6 months it'd be hard to give up at this point, even tho it's really starting to get my goat, so to speak. I'm not looking forward to giving up my 96, it's been a darn good car and have received many compliments, and it's been driven every winter since I've had it! It gets a weekly bath. Although driving a mustang in the snow is quite the challenge and you have to drive like a gramma. If I could afford the insurance on both of them and had an extra space in the garage, it'd be mine for good.
I do have to say, I think I got a pretty good price from the dealer, right now Edmunds sight is listing mine at $28,400 with options, I managed to pull mine off at $26,000....must have been that cold November blustry day that got them to give me a decent deal. I know I won't find that price anywhere now. I'll have to pop in and let you know what I hear this time for a response....wish me luck...
PS....I'm getting (hopefully) the automatic, have had sticks in the past, it's too difficult to eat a burger and shift at the same time....LOL
#114 of 1125 Seems to be about the range
Apr 04, 2005 (12:04 am)
I was quoted under $1200 for V6 and less about $1300 on a GT for insurance. You are saving on getting a convertible. They seem to have less loss on those. I was thinking of possibly getting a V6, with a stick, which has the best gas mileage. Not sure how shifting is with that throttle-by-wire, which may work better with an automatic transmission. But the gas mileage suffers. I am always looking to save a buck, and with gas in California hitting over $2.55, I have to think ahead. It ain't lookin' pretty. Some day, I may move to some state were gas is much less to buy. I love to drive. I paid sticker on a Dodge Stealth when they came out as a 1991 model, and it sure was neat to have something much different on the road than any other car. People would point at the car, give a thumbs up and walk on over to talk about it. If people want to get the first New Stangs, that is fine. These days, I guess I am just getting cheap. If I get a V8 it may be an earlier model, and a V6, I would still consider in an 2005 model, but waiting for the discounts to roll on in. Hey, they started the game on price, then rebate, so I like many, sit and wait. As far as BMW, which we had some locally starting at $28,500, vs. a Stang V8, well yes it is not the same HP, but the inline 6 engine is sweet and the car is pretty tight in so many areas once you get into that price range, I start thinking of the overall value of the two. Yes, you are quite right as to performance, if that is defined by straight line speed. Hard to argue that it is not fast and sounds better than any 6 cylinder would. Once you get out of the low 20's for price though, there are a lot of elements handling and quality wise to consider. Depends on your priority s. And maybe it is just perceived worth, historic pricing, or thinking back to the origins of a peoples sporty car based on a Falcon. Perhaps I will let go of this some day and accept new more lofty pricing on the Mustangs as being the norm. Time will tell.
#115 of 1125 BOO HOO in Annapolis
Apr 04, 2005 (10:35 am)
I have been waiting for 6 solid weeks for my GT convertible (loaded w/o 1000 shaker) and they still tell me......it's not even been built. I can't wait. I ordered silver with red interior.....but they have a legend lime in the showroom......may have to go for it!!!! if it's still there!
#116 of 1125 Re: BOO HOO in Annapolis [roberta4]
Apr 04, 2005 (11:55 am)
" I have been waiting for 6 solid weeks for my GT convertible (loaded w/o 1000 shaker) and they still tell me......it's not even been built. I can't wait. I ordered silver with red interior.....but they have a legend lime in the showroom......may have to go for it!!!! if it's still there! "
Hey, that is a cool color, as in fun color. I had that color on a car back in 1976. If you are not sure about living with the color choice, wait for the silver. You want to when you see the car in the driveway. I think that color really stands out, and like I said, kinda fun sorta color, but it is funny how what people say when they see it. Somewhat of a polarizing effect, with only a few people saying they sorta like it. Most are thumbs up or down. I think that red, green and dark grey metallic seems to look good with this model. I liked the white on last years car. The silver is OK, but it is not as bright as VW silver. Wish Ford could borrow a can of paint in silver from VW to get the paint brighter. Just a little dull, I think on Fords, but still comes off looking OK. Blue is different, but maybe too sleepy a color for a sporty car? Hard to say. It is an interesting blue color - different than the rest. And then there is yellow, for those shy people needing to meet others, like the highway patrol officers or black for those needing more exercise washing, waxing and dusting their baby. I still like red. I see they had orange at one time - yuck! The new metallic burn orange colors are neat, but I don't think they have them for mustangs yet, and perhaps for good reason. Not every color works for every car. That green may have some good impact on the eyes Does it have black interior?
#117 of 1125 NE Dealers
Apr 04, 2005 (1:25 pm)
GTforme - I live on the NH/Me border and bought mine from the dealer in York Me. He does have a black GT convertible supposedly arriving in April - and at this point it's not spoken for. They treated me very well and I did not pay MSRP. If you are anywhere near Portsmouth and the deal you presently have doesnt work out - I'd suggest them. Starkey Ford. York Me. Ask for the internet sales guy.
#118 of 1125 Re: Good Dealer In Northern Jersey [carfreak189]
Apr 04, 2005 (1:45 pm)
Carfreak - did your dad buy an automatic or std?? I've got a Windveil Blue V6 Premium std and my family is loving it! My oldest boy just turned 16 and has his driver's learning permit. He'd been driving an automatic but within 2 days was doing fine with the clutch and loving the shift action (to say nothing of the attention he's getting!) I originally had ordered an automatic but changed the order a few days later. If it's not too late - get your dad to make the switch!!
#119 of 1125 Re: Good Dealer In Northern Jersey [tpken]
Apr 04, 2005 (2:28 pm)
So you have a new V6 stick. Can you blip the gas to raise RPM for downshifts? Just curious. With the cluth in, when you press the gas pedal on down, how far up do the RPMs go, and is it imediate? Never owned a car with throttle-by-wire. Windveil Blue color - is that one with some history to it, and in Ford use during the 60's? My Stang from the 65 was that light creame color - sort of creame yellow. I can not recall that blue. My aunt had a darker blue metallic Fairlane - nice lookin' car. As for std. tranny, if it works well, the gas savings of 3 MPG and the fun of having more command over the car, is well worth having to excercise the leg each day. Have fun! Has the priced dropped below $19,500 yet on V6 Stangs?
#120 of 1125 Re: BOO HOO in Annapolis [m1miata]
Apr 04, 2005 (3:59 pm)
The legend lime one in the showroom has beige interior and top. It's pretty cool but I really like the red interior. The red interior would not look good with the green. It would look good with the black, but the black looks very unfeminen. I really want a car that looks like mine and not my husbands. Since it is a V8 and a stick...I wanted girl stuff. Yellow was way too young for me and red was screaming for the guys to look!!! So silver was my best bet to go with the red interior. I'm getting a little bummed out about the wait....now that I'm reading that it may take months for her to come in!