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Prices Paid: Buying & Leasing Experiences Ford Mustang Prices Paid and Buying Experience
1064 messages, Last post on Mar 09, 2010 at 8:39 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: gzgtp (Apr 26, 2006 8:00 pm) 1) what kind of gas mialage are you getting on your Mustang GT 5 speed? 2) whats this Xplan pricing and how do I get to use it!? Thanks! -Rob
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Replying to: rdarms (May 10, 2006 7:01 am) |
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I am deciding between leasing one of the new Eddie Bauer Explorers or buying a 2006 Mustang GT Coupe Premium. The Mustang is going to cost $26,000 with A-plan and I am putting 0 down with a $466 lease payment spread out over 72 months. The Explorer is a vehicle invoiced at over $30,000, but my lease payment would only be $275 a month with $500 down. This is my first major car purchase, as I have just graduated. The Mustang is kind of a dream car, but it’s going to cost more per month (and it may get me a ticket or two). The Explorer is nice and I feel it is a good value, but I worry about going over my miles. The idea of ownership is appealing. If anyone has any thoughts I would honestly appreciate hearing them. As I said before, this is my first new car purchase and I am not familiar with the whole game.
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Replying to: juice21j (May 10, 2006 8:23 pm) -Loren P.S. With gas at $3.50 a gallon or more, look for a slowing in GT sales and thus $3K or more in savings. Don't have any idea what the X plan price discount is, but $26K seems like a lot of money to me. Think major setback in US economy by this Summer. Be careful - don't get caught in bear traps. |
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Replying to: juice21j (May 10, 2006 8:23 pm) You should never lease for longer than 48 months... Ideally, no longer than 36 months.. That has to be a purchase... $26K borrowed for 72 months at 6% APR is only $431/mo.. regards, kyfdx |
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Replying to: juice21j (May 10, 2006 8:23 pm) Why don't you compare a car loan to a lease? At least at the end of the repayment period the car will be yours. Leases are always to the advantage of the dealer/manufacturer, loans to the advantage of the loaner. My personal advice, don't get in hock for a car right out of school. Settle for something cheaper, maybe a used car, enjoy life, and save your dough and/or spend it on more important things (housing, education, etc.). 
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Hi Everyone, I thought I would chime in on my experience Mustang shopping. I spent almost a month going back and forth with local Seattle dealers until I finally purchased my Mustang on Tuesday. Here is what I got: 2006 Mustang V6 Premium Tungsten Gray/Charcoal Interior (Leather) Auto Pony Package Leather Anti Theft Side Airbags Locking Wheels Interior Upgrade MSRP 24,880.00 Sell Price 21,560.00 They also gave me full trade in price on my Volvo. The experience as a whole was great. They were really friendly and worked hard to earn my business. The only frustrating thing was having them at times return my call, but for the deal I got, it was OK. They even went from Seattle to Portland to get me the car at no cost. |
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I've been toying with the idea of buying a Mustang GT for some time now. I can get one on the X plan from a local dealer, and maybe at invoice pricing at another dealer through a local business organization. Can someone tell me which price would be lower, and give me an idea of the difference? If I decide to buy one, I may favor my local dealer if the difference is small. Thanks, OhioCarGuy
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Replying to: ohiocarguy (May 13, 2006 11:04 am)
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