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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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#271 of 1060
Re: Question on Pricing the 2006 Mustang GT [purplegt] by vppreacher
Jul 03, 2005 (11:05 pm)
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Replying to: purplegt (Jul 03, 2005 4:58 pm)

purplegt,
I'm one of those Southen state sales (Jacksonville, FL). I've had a TOTALLY different buying experience. I think the difference is the dealership. I don't fault Ford for miscalculating demand. It was a simple mistake and we all make them. Ford undeniably underestimated the GT model's popularity, but who can blame them when the car has exceeded aesthetic and performance expectations by leaps and bounds. I will tell you this car is sublime. It is so more than the sum of its parts and those parts are pretty damn amazing. Also, didn't Ford increase the MY build by over 50%? Making more GTs can't be that easy or simple (EPA requirements, factory retooling, conflicts between different models with parts commonalities, etc) or Ford would have done it in their pursuit of profit. The other side of the coin is increasing production, but decreasing quality control. That would be counterproductive.
 
I do understand and think you should walk your hard earned money over to an honest, reputable dealer. Someone who gives a customer the runaround should wither on the economic vine. I wish you the best and hope you get your Stang as soon as possible.
#272 of 1060
Re: Question on Pricing the 2006 Mustang GT [purplegt] by frisconick
Jul 04, 2005 (10:07 am)
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Replying to: purplegt (Jul 03, 2005 4:58 pm)

It seems that American car makers just can't get things right. They finally have a hot product and then tick everyone off due to under-production. The GT is very hot, and they should have known it was very competitve with Japanese and German sports coupes. Maybe a lack of confidence.
#273 of 1060
Re: Question on Pricing the 2006 Mustang GT [purplegt] by graphicguy
Jul 05, 2005 (6:17 am)
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Replying to: purplegt (Jul 03, 2005 8:58 am)

purple....you've made all the right moves and asked all the right questions. Priority 10 is probably the best you can hope for. If my dealer is to be believed, then priority 2 is something reserved only for "problem cases". While I wasn't a "problem case", my late Father was a truck fleet customer who had done a lot of business with the dealership. That's the only reason I got the priority I got.
 
While, you can try to blame Ford for underestimating demand, I don't know how they could have predicted such high demand for any product. They did indeed raise production by 40,000 units when they saw demand was going to outstrip their already "bumped" up production (over '04 MY).
 
Plus, it's not just a simple issue of running more shifts at the plant. They have to rely on suppliers to meet higher demand and tighter delivery schedules. They need their other plants to bump production of other components. They even had a shortage of the IUP option for a while (which is probably why you'll see more base models than you see "loaded" models).
 
Add to that, from all outward appearances, it looks like Ford actually priced the Mustang GT too low (how often do you see that). That will translate into higher demand also. You must can't get this level of performance, handling, features and build quality anywhere near the Mustang's price (even at MSRP). Saying the styling is a "hit" would be a gross understatement. That also affected demand.
 
Ford also bumped up GT production. I'm sure they have very high confidence in the Mustang. Their historical numbers showed that 30% of Mustang buyers get a V8 version. I'm sure they had no idea that the number would be closer to 50% wanting a GT.
#274 of 1060
Re: Millenium Ford [msad1217] by frnkrzzo
Jul 05, 2005 (1:23 pm)
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Replying to: msad1217 (Jun 25, 2005 10:26 am)

...and they just found another customer willing to pay $2995 over msrp. can you really blame them for not giving you a "bargain"?......the law of supply and demand. If you want a bargain, get one of those but-ugly p/t cruisers. they were selling for 5000 or more over msrp when they came out, i think chrysler is now paying peole to take them. why cry about the free market? personnally, i salute the dealership that stuck to their guns and demanded a premium price for a premium car.
#275 of 1060
Re: Question on Pricing the 2006 Mustang GT [purplegt] by frnkrzzo
Jul 05, 2005 (1:35 pm)
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Replying to: purplegt (Jul 03, 2005 4:58 pm)

I'm assuming you, and all who write similar posts are the same bunch of guys that were posting messages back in september saying how only a fool would buy one then. "wait until february or march until the rebates hit. ford will be giving these things away by then." i even saw a post by someone asking for advice after a dealer offered him a gt on x-plan....he was thinking he could wait and do better. i went ahead and bought one of the first ones out of local dealer stock. no waiting, no problems. i paid full ticket for it, but was never asked to pay more than that. I've been enjoying mine for about 9 months now while you have been spewing hate mail.
 
if i were you, i'd hold off till february or march of 06. by then, rebates will have hit and ford will be giving these things away. good luck.
 
 
#276 of 1060
Re: Question on Pricing the 2006 Mustang GT [frnkrzzo] by frisconick
Jul 05, 2005 (5:59 pm)
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Replying to: frnkrzzo (Jul 05, 2005 1:35 pm)

Enjoy your dude LOL great points.
#277 of 1060
Re: Question on Pricing the 2006 Mustang GT [frisconick] by frisconick
Jul 05, 2005 (6:01 pm)
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Replying to: frisconick (Jul 05, 2005 5:59 pm)

I mean enjoy your ride dude
#278 of 1060
coming late to the party.... by graphicguy
Jul 06, 2005 (4:59 am)
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I think some people are coming late to the party. They've been thinking about the Mustang.
Then, they decide they are going to stick their toes in the water and try to buy one.
 
For most, they can't find one (expecially GTs). Once they do, they are expecting X% off MSRP, or at least some sort of rebates. None of that is available since Ford and their dealerships are selling every Mustang they can get their hands on.
 
Then the wailing begins...."Ford did this on purpose (undestimating demand).....dealers are ripping me off at MSRP.....I found a car I like, but no one will deal....etc".
 
Short story is, Ford has a hit on their hands. They've bumped production as high as they can and still can't meet demand. It doesn't look like the demand will subside, even into the next model year ('06). So, if you've found a Mustang you like sitting on the lot (rare) and the dealer is sticking to MSRP, buy it. That's what the market is for this car.
 
You can wait to see if demand slacks off and deals begin, but don't expect it in the foreseeable future. Even if you wait, you can bet that future price increases will offset any $$$ off MSRP that you'll save today. I saw one article that stated for the next 18 months, demand will be high for the Mustang (GT).
 
To me, that's a good thing. That tells me that resale on the current iteration will be very good.
 
Or, if you really want similar performance and you don't mind derivative styling and sloppier handling, you can always buy a GTO. GM is offering those at the employee price. Still, that price is north of $30K (about the same as a Mustang convertible).
 
Then again, you've got the Dodge Charger that just hit the streets. You should be able to get a deal on those in about 2-3 months, if you don't mind a 4 door, automatic trans car with a hemi.
#279 of 1060
I got it!!!! by knowisdom
Jul 06, 2005 (12:17 pm)
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Replying to: graphicguy (Jul 06, 2005 4:59 am)

I finally received my 05 stang on July 1st and it was well worth the wait, my gopd this car is the most gorgeous thing I have ever seen in my life. I got the V6 and man is it plenty of power!! I am 24, and for someone under 25, the v6 makes a lot of sense it has plenty power and the insurance costs less. I got the My Color feature though they said it would not be availible because of some legal issues. I have the red leather interior and my lumbar support, this is the most perfect car!! freat design, great performance and oh so beautiful!! Though there are a lot of 05's on the road, mine really stands out for its red interior, alloy wheels and spinners----Oh man I am in love!!
#280 of 1060
Re: I got it!!!! [knowisdom] by frisconick
Jul 06, 2005 (1:23 pm)
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Replying to: knowisdom (Jul 06, 2005 12:17 pm)

Congrats on your new ride!!! Enjoy.

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