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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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#154 of 1060
May 1 2005 Pricing in Wash DC GT Conv by fidothedog
May 03, 2005 (4:42 pm)
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I walked into Ted Britt Ford in Chantilly VA (DC suburb) and they had a Mustang GT Convertible on the showroom floor with a....get this....$10,000 premium on it. Salesperson said this was the going price in the DC area for a Mustang GT Conv but I could have it with a $8,000 premium. I called around and the cheapest I could find was a $6,000 premium above MSRP. It does not take a rocket scientist to figure out supply and demand but it also leaves me with a bad taste in my mouth. I passed on the offer and will wait for a better deal on the 06s. I cannot imagine the depreciation hit a buyer would take if they actually bought a $31,000 car with a $10,000 premium (total of $41,000). I figure vehicle would only be worth around $25,000 in two years (40% depreciation hit). Also, I also think that at $41,000 I would be looking at BMW convertibles instead.
#155 of 1060
Re: May 1 2005 Pricing in Wash DC GT Conv [fidothedog] by 1panky
May 04, 2005 (2:48 am)
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Replying to: fidothedog (May 03, 2005 4:42 pm)

fidothedog, I agree with you wholeheartedly. One can only talk to the first owners of the latest version of the Thunderbird. The first year premiums were 10K plus including money paid under the table to get on the delivery list. A year later major rebates were offered and now salesmen are begging you to look at one that has been accumulating dust on the lot. In addition, imagine the up-side-down financing problems these first owners must be facing today. One must remember that these vehicles are production models and presently in short supply caused by poor production planning of the manufacturer. These vehicles. although nostalgic to some degree, do not fall under the category of true limited production models such as a Roush or Bullet version that would trigger some level of a premium over msrp. A cool head and a patient attitude will reward you with big financial dividends in the end when production finally catches up to this initial demand backlog. Another added benefit of waiting are that the build glitches that are present on the current model should be corrected on your later model purchase. For me, having major surgery on a new car such as a fuel tank replacement or having to live with "popping" sounds would end my honeymoon period quickly.
#156 of 1060
Re: May 1 2005 Pricing in Wash DC GT Conv [1panky] by danman
May 04, 2005 (9:53 am)
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Replying to: 1panky (May 04, 2005 2:48 am)

I was one of those people that ran out and paid above MSRP on the 2005 Mustang, Had to have it. $2k above to be one of the first which I think I was in my area, $30k for a $28k MSRP car. Awesome car, best Mustang I have ever driven, but had all the mentioned problems, fuel tank, shaker stereo and the final nail in the coffin was the squeaks and rattles that coudln't be fixed on 5+ tries. Even went to a second dealer. Pretty angry when I have people laughing at me and yelling at me while trying to fill my gas tank on a brand new $30k car! I know how to pump my own gas, never had anything likie that happen in my 20+ yrs of driving new cars. I Invoked my rights with the Lemon law and got my $$ back. Checking other alternatives in American muscle now. If I had those rattles now, who knows what it would be like 3+ yrs from now. I hope for 2006 Ford gets it's act together.
#157 of 1060
mustang price by mrq0529
May 04, 2005 (10:31 am)
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fidothedog I ran into the same thing some dealers wanted as much $6000 above sticker.Stay away from the salespeople, go on line or talk to the fleet sales. I ordered a Mustang GT convertible from North County Ford in Vista Ca. on 1-28-05 and took delivery 3-23-05 and paid $1500 over dealer invoice which is still less than MSRP.Total $31853.51 plus tax and license.Extras included: automatic trans, interior upgrade pkg, 17" brt machined wheels, whl locking kit, convert boot, plus they tacked on advertizing fee. They stopped taking orders on 05's 4-8-05 so if you didn't get ordered before then, order a 06
#158 of 1060
Re: How long might it be if.... [mike53] by peebee
May 04, 2005 (11:33 am)
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Replying to: mike53 (Apr 25, 2005 5:41 pm)

It took about 5 weeks for me.
#159 of 1060
ipod friendly by huck1
May 05, 2005 (5:38 pm)
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Does anyone know whether any of the audio systems currently available for the 05's are ipod connectable or have a "line in"?
 
Many thanks.
 
huck
#160 of 1060
Re: ipod friendly [huck1] by graphicguy
May 06, 2005 (5:09 am)
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Replying to: huck1 (May 05, 2005 5:38 pm)

There is a line in, but I don't think it's activated yet.
#161 of 1060
Re: May 1 2005 Pricing in Wash DC GT Conv [danman] by graphicguy
May 06, 2005 (5:13 am)
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Replying to: danman (May 04, 2005 9:53 am)

danman....how did your buyback work? Did they refund the $2K above MSRP you paid?
 
While I don't know what your situation was with your dealer, but it sounds line they've got a poor service dept. Shakers have been fixed. Slow fuel fill has been fixed.
 
My Mustang is as solid as a rock....no squeaks, no rattles....just great American muscle.
#162 of 1060
Re: ipod friendly [graphicguy] by huck1
May 06, 2005 (8:16 am)
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Replying to: graphicguy (May 06, 2005 5:09 am)

Thanks again graphicguy, but i'm afraid you've lost me. Activated yet? Could you elaborate please. Do you know which system has the line in - the standard package or do i have to go the shaker route?
 
Regards
 
Huck
#163 of 1060
Mustang in Detroit - Do I have a chance? by spletzer1
May 07, 2005 (7:40 pm)
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I'm looking to buy a 2005 Gt Convert Premium very soon. I have A-Plan access. What experieces have people in my situation had? Could I get one at or around invoice at one of our "31 Metro-Detroit Ford Dealers", or should I not waste my time? I'm willing to go to INDIANA, ILLINOIS or OHIO (yuck) if I have to.
 
Go Blue.

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