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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: 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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Replying to: purplegt (Jul 06, 2005 9:28 pm) At this juncture, I can't tell if the ordering routine with no car in sight is a dealer problem or a plant problem. At first glance, I'd think it's a dealer problem. Like you, I bought mine in the dead of winter when car sales in general were stagnant. That's why you and I got deals well below MSRP. Once spring hit, and it became clear to the dealers that the Mustang was a runaway success, it became clear they didn't have to discount the Mustang (GT) to sell it. Some were getting crazy money for any GT they could get their hands on. I had heard more than a few stories of people ordering and paying under MSRP and, "poof", their order disappeared or couldn't be tracked. Same person, offering to pay MSRP, all of a sudden their car was miraculously "found" or ordered and delivered within 8 weeks (not 8 months). One person even found his X plan Mustang GT (complete with matching VIN #s) on his dealer's back lot. All the while the dealer stating the car wasn't even built yet. Fact is, the dealer had sold the ordered Mustang to someone else for MSRP. That was the entire reason it was sitting in the back lot....awaiting PDI and delivery to the person who paid more. Is this the case in your scenario? I don't know. Even though dealers are stand alone business entities (franshisees), separate from the factory, Ford chould have put pressure on the dealers to honor customer orders....mayve set up a "Mustang order task force" to do nothing but track customer cars. As it stands, I can feel and understand your frustration. If my dealer hadn't been so "upfront" with me about my order, and I hadn't known about priorities, allotment, VOCs, etc, I could be in the same boat since mine was an X plan car. Just for giggles, I think I'd take a Saturday afternoon and go to 4-5 different Ford dealers in your area and ask them what their status for '06 Mustang ordering is. See how many agree or disagree with what you're hearing from your present dealer. Even see if they agree with each other. That could give you a bit of insight on what's going on with Mustangs in your area. BTW, I always thought those AWD Turbo Talons were hot little numbers when they were on the street. Keep us posted. |
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Got a call from a local dealer (metro detroit area) stating that he had an 05 Black Mustang GT Premium on the lot from a order that did not go thru. So I ran right up and test drove the car. Loved it. Since it was 6:10 on a friday 7/1, he said we could finish the deal on 7/5 (tuesday) Called him and did the whole credit app thing. Sales guy called back and stated that I was approved. I stated that I wanted to call my bank for a better rate, which I did and got 5.25%. Called him right back because I needed the VIN so that they could fedex me the check. He did not return my call until the next morning 7/6. He then faxed me the purchase agreement (x plan) just $1300 under MSRP. He then called me back 15 minutes later and said that another sales manager sold the car for cash and that it was GONE!. Translation....Someone came in and offered MSRP or more for the car so we sold it! WTF!. The dealer is really nice about it but can do nothing about it. They cannot get another 05 GT, and they are willing to order me a 06 that after reading these posts I may get sometime in 06' , gee thanks. I then called customer service and what a waste off time that is. I cannot believe that even though dealership are seperate, that there is no one at Ford Motor Company that oversees the dealerships interaction. After all these are FORD cars, right? Does anyone know someone to talk to at Ford Motor Company? There has to be someone who can help. Someone who can atleast ensure that we get an 06 timely. Any help would be greatly appreciated. |
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