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Prices Paid: Buying & Leasing Experiences Ford Mustang Prices Paid and Buying Experience
1060 messages, Last post on Aug 29, 2009 at 9:21 PM
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Replying to: purplegt (Jul 03, 2005 8:58 am) 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.
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Replying to: msad1217 (Jun 25, 2005 10:26 am) |
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Replying to: purplegt (Jul 03, 2005 4:58 pm) 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. 
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Replying to: frnkrzzo (Jul 05, 2005 1:35 pm)
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Replying to: frisconick (Jul 05, 2005 5:59 pm) 
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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. |
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Replying to: graphicguy (Jul 06, 2005 4:59 am) 
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Replying to: knowisdom (Jul 06, 2005 12:17 pm)
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Replying to: frnkrzzo (Jul 05, 2005 1:35 pm) |
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Replying to: graphicguy (Jul 05, 2005 6:17 am) I've had my current GT for 10 years now so haven't had to dive into the auto buying process for a long time, let alone get into such a hassle trying to buy a 2005, which will hopefully now be a 2006! I started out in my teens & 20's owning 3 different VW bugs, went to a Trans Am, then a AWD Eagle Talon, which was a blast to drive. Then my 96 GT. I'd wanted a Mustang since high school and finally got my wish! Now I'm hooked. I know what a hot car I've got on order, but I'm just ticked I've had to wait since November of 2004 for it. And having to get back in line all over again for a 2006 with no promise nor idea when/if I'll ever get it. Specially when some ordered in March of 2005 and already have theirs, Ford is letting a computer pick who gets what and when, instead of fulfilling orders as they are ordered. Anyway, thanks again for your help and suggestions, I'll keep in touch and hopefully one of these days i'll be able to give you a big YIPPPPEEE!!!! IT'S HERE NOTE!! LOL.......
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