Trade In Value of an '06 GT???
#1
Trade In Value of an '06 GT???
Hey guys & girls,
I have a 2006 GT Premium, and I was wondering what you guys think it would be worth on a trade in.
2006 Mustang GT Premium (purchased new, 11/06)
12,400 miles
Satin Silver Metallic, Dark Charcoal Interior w/ Crimson Red Leather
Optional Equipment:
Automatic Transmission
18" Polished Alum. Bullitts w/ Pony Center Caps
Interior Color Accent Pkg. (Crimson Red Leather w/ red floormats)
Interior Upgrade Pkg w/ Satin Alum. Panel
Active Anti- Theft System ( also Interior Lighted Bezel & 60 Amp Battery w/ heatshield)
Wheel Locking Kit
Front Seat Side Airbags
(Also has a dealer installed Lo-Jack)
2k miles after purchase, had FRPP FR1 Power Pack installed by dealer (have stock mufflers and airbox, might return to stock and sell FRPP kit)
MSRP was $30,220.00 ($31,515 w/ Lo Jack aka : additional "Dealer Added Equipment") ...got it out the door for $27k w/ 1k dealer rebate!)
All maintenance performed by dealer, have receipts. (Oil and filter changed every 3k, tires rotated every 6k miles) Car is like brand new.
Kelley Blue Book (kbb.com) quoted $22,625 trade- in price for excellent condition, $21,390 for good condition (it is in excellent condition)
I know Kelley quotes kinda high, so I was wondering what you guys think a real world figure should be???
BTW: I'm jonesin' for a 5speed manual, and I've seen one that caught my eye at my dealer, so if I don't get beat up at trade in (I owe Ford $17k on the loan), I'd like to have something left over to put down on the '08, otherwise forget it. I'd like to have a "heads-up" before I go in and inquire.
Lot of info here (too much? LOL) Thanks for any input, it is much appreciated!!!
I have a 2006 GT Premium, and I was wondering what you guys think it would be worth on a trade in.
2006 Mustang GT Premium (purchased new, 11/06)
12,400 miles
Satin Silver Metallic, Dark Charcoal Interior w/ Crimson Red Leather
Optional Equipment:
Automatic Transmission
18" Polished Alum. Bullitts w/ Pony Center Caps
Interior Color Accent Pkg. (Crimson Red Leather w/ red floormats)
Interior Upgrade Pkg w/ Satin Alum. Panel
Active Anti- Theft System ( also Interior Lighted Bezel & 60 Amp Battery w/ heatshield)
Wheel Locking Kit
Front Seat Side Airbags
(Also has a dealer installed Lo-Jack)
2k miles after purchase, had FRPP FR1 Power Pack installed by dealer (have stock mufflers and airbox, might return to stock and sell FRPP kit)
MSRP was $30,220.00 ($31,515 w/ Lo Jack aka : additional "Dealer Added Equipment") ...got it out the door for $27k w/ 1k dealer rebate!)
All maintenance performed by dealer, have receipts. (Oil and filter changed every 3k, tires rotated every 6k miles) Car is like brand new.
Kelley Blue Book (kbb.com) quoted $22,625 trade- in price for excellent condition, $21,390 for good condition (it is in excellent condition)
I know Kelley quotes kinda high, so I was wondering what you guys think a real world figure should be???
BTW: I'm jonesin' for a 5speed manual, and I've seen one that caught my eye at my dealer, so if I don't get beat up at trade in (I owe Ford $17k on the loan), I'd like to have something left over to put down on the '08, otherwise forget it. I'd like to have a "heads-up" before I go in and inquire.
Lot of info here (too much? LOL) Thanks for any input, it is much appreciated!!!
#3
RE: Trade In Value of an '06 GT???
I believe that on a trade-in you're going to be so far upside-down in contrast to amount you owe that it would be financially detrimental. Anytime I've owned a car for less than three years, I've been upside-down when trying to trade -- no matter the brand or mileage or appearance.
Edit: I apologize -- I didn't see at first the part that you only owe $17,000 at this point. You might come out even.
Edit: I apologize -- I didn't see at first the part that you only owe $17,000 at this point. You might come out even.
#5
#7
RE: Trade In Value of an '06 GT???
If the stealership knows you owe $17K on your car, they will low ball you until you either give in or tell them to shove it. My guess is they'll offer you $18-19K, they won't want to carry over $3Ktowards the new car if they can help it. As suggested above, sell it privately(you should get around $22-24K for it with all the goodies still attached). With what you owe, you should have a minimum of $4,500-5000 to put down on an '08 GT IMO. Hope all works in your favor
#8
RE: Trade In Value of an '06 GT???
Thanks guys, for the input! I can't sell privately, I want to act on this one car in dealer stock,(black GT Deluxe, 17" bright Bullitts, spoiler delete, 5 spd manual w/ a Shaker 500) and also Ford has a $1,000 rebate deal only good until 10-31-07, I want to take advantage of it! Also, with the car being a GT Deluxe,($27.717) and with the rebate,(-$1,000) the price is right, otherwise I would not be even thinking of doing this! BTW, I tried selling my car privately , and for one week, did not get one inquiry! (Ad was on autotrader).
#10
RE: Trade In Value of an '06 GT???
ORIGINAL: mdg
I received $17, 500 at a dealership for my 06 GT Premium Coupe (5-speed) with 18,000 miles on it.
I received $17, 500 at a dealership for my 06 GT Premium Coupe (5-speed) with 18,000 miles on it.
I hope you at least got a kiss out of the hosing.