Last post on Nov 25, 2013 at 9:09 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Ford Mustang, Ford Mustang SVT Cobra, Coupe, Convertible
#969 of 1138 Mustang: To buy or Not to buy?
Oct 05, 2007 (11:00 pm)
Why are Mustangs being sold at relatively low mileage at dirt cheap prices? What is wrong with these cars that they're being sold this fast? Is it 10 years later and the fall apart?Is it because they require alot more maintenance than usual? Do people actually not like the older models and would rather have a 2005 and up version? What do you look for in a Mustang to tell if some stupid kid had the car to destroy it doing donuts in a parking lot?
What is it like living with this car? Do you get pulled over more becuase its a high-performance car? It is more likely to get stolen because its a sports car and might not have as good a security system as Audi or BMW? Can anybody who has either a used '95 or so Mustang and one made in '99 and up- what's the insurance rates for that car?
Which mustang with the v8 or the v6 is harder to pass emissions inspections? What can be done to the car to make it pass emissions? What can happen to an 8 year old Mustang that can drastically affect the car's performance for the worst?
Why are Ford owners properly maintaining THESE cars only to sell the at 80,000 miles when they beat the crap out of other cars, put high mileage on them, and then sell them "as is?"
#970 of 1138 Rear Suspension- '95GT Coupe
Nov 05, 2007 (8:49 pm)
OK, got the beast home. Runs like new and still has the new car smell BUT, I hit a small bump and the rear end bottoms out totally. I mean really bad. I have had opinions from "bad shocks" to "bad springs" and another one "they all ride like that". I need some serious advice on this issue. Personally I think it's the shocks that have gone bad from sitting so much over the years (14,412 original miles) and have lost their umphh.
Email me some serious advice to busrichotmail.com so I can get past this issue. Other than this one issue, the car runs and looks like brand new.
#971 of 1138 Mustang resale prices.
Nov 06, 2007 (2:52 pm)
As any 9th grader should be able to tell you, the price of any merchandise is determined by supply and demand. Ford has sold between 140,000 and 180,000 Mustangs per year going on 10 years now. Thats a lot of cars!
For comparison, Mercedes Benz only sold about 240,000 units all models combined in 2006.
#973 of 1138 07 GT Conv - where do I start?
Dec 13, 2007 (7:24 am)
2007 GT Convertible approx $34000 sticker. I'm figuring less $2500 to get to invoice, less $2000 rebate, another $500 discount, 3% holdback...plus it's an 07, its end of year, it's a convertible and it's winter, etc.
Can this car be had for $28000? If not, where do I start?
I'm in Philadelphia area.
#974 of 1138 07 GTs have a $2,500 rebate in Philly
Dec 13, 2007 (3:24 pm)
$28,000 sound pretty close man.
#975 of 1138 Re: 07 GT Conv - where do I start? [ckone0814]
Dec 13, 2007 (6:36 pm)
If I couldn't get an '07 GT Premium Conv with $34K MSRP for $28K (or less) plus TTL, I would try to deal for an '08 instead. First, according to Edmunds.com, a new '07 GT Premium conv with "typical" options lists for $34,035 and while the TMV after incentives would be $30,558, you should checkout what you could SELL the same vehicle for because this vehicle is one year old already. Even with only 1 mile and in "outstanding" condition, a "used" '07 GT Prem conv with "typical" equipment would have a private party value of only $26,153 (again according to Edmunds.com).
Again, using Edmunds.com to get the TMV of an '08 GT Prem conv with typical equipment, list $34,180 and TMV after incentives is $31,576.
At least, that's my 2 cents.
#976 of 1138 Re: 07 GT Conv - where do I start? [ckone0814]
Dec 15, 2007 (6:07 am)
$28,000? Possible but not likely.
Why not throw that number at the dealer and take it from there?
#977 of 1138 Re: 07 GT Conv - where do I start? [cccompson]
Dec 15, 2007 (11:55 am)
I did this afternoon. After an hour or two they were only at $29500. They let us walk. As I said, the car is at a dealer within 80 miles - they told me to go ahead and check around, that we wouldn't do better. I got the VIN and have contacted 4 other places including the dealer that has it in stock. We'll see.
I'm surprised (and bummed) they let a cash deal go. This car will be two years old in 15 days!
#978 of 1138 Re: 07 GT Conv - where do I start? [ckone0814]
Dec 15, 2007 (7:10 pm)
For reasons that I don't understand there is a popular misconception that dealers somehow favor (or benefit from) a cash transaction.
Nothing could be further from the truth because cash denies them the ability to make money by handling the financing.
While it's possible that you might hit a store at precisely the right time to get a fantastic deal (example: they're one unit away from hitting a bonus), your earlier reference to them giving you their holdback and $500 seems to me to be unrealistic.