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Old 04-08-2012, 07:09 AM   #21
Vader GT
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Today’s economy is tough, there’s no doubt about that. I’m not sure what the new Mustang GT demographic is but for myself, very close to 40, I was in high school when the 93 5.0 GT came out and I would have just about given anything for one. Except money that is I was broke. Now at almost 40 I’m doing okay and although costly I couldn’t resist. I don’t think it’s any coincidence that Ford released the new 5.0. It coincides with my age bracket and Ford hopes nostalgia will get us in the showroom.

In my area I don’t see a lot of new 5.0’s and I live in a major metropolitan area. I think it comes down to selling just enough of these cars at ridiculous prices and then showing prospective buys it’s the going rate. If you want a new Mustang you’re probably already sold, the trending just makes you feel better about your purchase.

That's my 2cents
Well said, I'm just about 37 myself, so I can totally relate to the words above. I also believe when the 05 came out, the "retro" look also hit some of the older folks who had mustangs in the 60's/70's. Their marketing is def top notch.
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Old 04-08-2012, 07:46 AM   #22
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I think a lot of the sticker shock on the new GTs is the fact they come with more options than earlier S197s did.

They didn't have the Track Pack with Brembo brakes and 19" wheels (sold at cost by Ford), back-up Camera, Navigation, Bluetooth, etc.

Those packages easily tack on several grand! That being said, the track pack is worth it, and cheaper than modding something similar aftermarket. Ford added that option at cost, meaning they are not making money on it.

But if you are careful with your options, you can find good deals out there, especially on 2012s. I worked out a deal for my buddy, the MSRP was $34,500, he got it for $29,800. Which was a GT Premium with Manual, no Track Pack or Navigation. That includes over 400hp! Other than the Camaro, what other car has this kind of power for that price while still getting 27 mpg highway?

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Old 04-08-2012, 09:21 AM   #23
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I don't know if anybody has mentioned this yet but Ford has probably edged the price up as much as they have because even at the new higher cost, it's still cheaper than it's main competitors, the Camaro and the Challenger, but they are still getting too expensive for the average person anymore. Thinking to the future when the next gen Mustang comes out, I doubt I will be able to afford one unless the car I trade holds it's value better than expected. The best thing to do is to avoid the options that don't give you a return when you trade in 3 years later (if you're like me and trade that frequently) Most extra cost options are kind of like after market mods, they don't add to the trade in value of your car.
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Old 04-08-2012, 09:53 AM   #24
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So check it out. I hear what everyone is saying about how 40k is high...well yes it is. So I went a checked out what's supposed to be one of the cheapest sports (and Im using that term loosely here....) cars around. The Hyundai Genesis coupe. New, these are starting at 29k in the Denver area. 29,000 for a POS.

You can say what you want about Ford, but Hyundai's are pieces of junk. My sister keeps buying them saying what great cars they are. She's on her third one in about 10 years. Heck, she had a timing belt go out just before 50k miles. That's crazy. They rust out fast, squeek, groan, the cheapest build quality around.

Ford is finally listening to the critics and it's drivers. We have all complained as enthusiasts for years about the build quality and so when Ford starts to listen, puts brushed aluminum, LED sequential turn signals, leather, etc...in these cars that is the same or better than aftermarket, we're going to complain about it?

I say quit complaining about it. Yes, they are more and you are getting more bang for your buck almost every 2 years now. It's still far more affordable and equitable than the competition.

If you can't afford the new mustang, that is not Ford's fault. You need to stop shopping for a new car and start shopping for a new job if you're not getting paid enough because the size of your paycheck. Your boss and his bosses sure ain't got no problem buying the new Mustang or 60" OLED TV's.
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Old 04-08-2012, 10:07 AM   #25
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You need to stop shopping for a new car and start shopping for a new job if you're not getting paid enough
Yeah no problem, because there are tons of good paying jobs everywhere now <---This would be in sarcasm font if there was such a thing.
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Old 04-08-2012, 10:11 AM   #26
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I bought a 2010 and it was affordable at that time, but like others they priced the current models out of my price range. I'm not saying they aren't worth it, but at those prices, I can start looking at used cars that may have more upside for the same $... And that includes other makes.
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Old 04-08-2012, 10:19 AM   #27
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Yeah no problem, because there are tons of good paying jobs everywhere now <---This would be in sarcasm font if there was such a thing.
I work in IT in Denver. I made the mistake of putting my resume on Monster on a Friday morning. My phone would not quit ringing to the point where I had to turn it off that afternoon.

My message is this. You don't have to be a victim of circumstance. Every day we make a choice to go to the same job in the same career field, etc...and then blame the economy or something else that's beyond our control. Well, I don't believe it. I've had 3 careers. First was a DJ on an FM station, second was a music teacher, third was a IT systems engineer. I landed on IT because I was tired of being broke, but I did enjoy the other jobs better.

If you're looking for a job, get into IT and move to Denver. You will never want for work in this town (IT jobless rate here is 2.4%)
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Old 04-08-2012, 10:40 AM   #28
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Yeah no problem, because there are tons of good paying jobs everywhere now <---This would be in sarcasm font if there was such a thing.
Yea considering I been out of school for almost a year and still cant find something. This economy sucks
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Old 04-08-2012, 11:02 AM   #29
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I can't wait to see what Ford does for 2015 anniversary. I hope the cars get lighter, stay as fast, have automatic adjustment for suspension performance modes and real launch and traction control settings. Maybe the GT500 will actually come with 305 width tires in rear and 275 up front, and have IRS and magnetic ride control technology stolen from the Russians(GM). Erik
Why don't you buy a Camaro? It has everything except for the lighter weight. But that is why the Camaro has the extra weightt - from having the IRS, larger 20s, etc...
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Old 04-08-2012, 11:35 AM   #30
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Yes they are very highly priced for what they are however when you break things down suddenly you can begin to see where ford is coming from. Let's look at some numbers...

A 95 mustang gt sold for around $15000 with modest options. It came with a 215 bhp 4.9l engine. On a scale of 1-10 I'd have to rate it as such based on modern standards:
Hp Performance - 5
Appearance - 6
Suspension/braking - 5
Mod potential - 10

A 05 mustang gt sold for around 25k with good options. It came with 300 bhp engine. I'd have to rate the 05 as such:

Hp Performance - 7
Appearance - 8
Suspension/braking - 7
Mod potential - 6

The 2011 mustang gr sells for 35k with great options and comes with the ohc 4.9l engine. Sounds like the 95 except for one thing, it has 410 bhp.
Hp performance - 8.5
Appearance - 8
Suspension/braking - 7
Mod potential - 4

So what do you get for 20,000 over what was a then new 95 4.9l vs a 2011 4.9l?
Better sound system
Much better handeling
Better braking
Better control under acceleration
190 more hp
Better looks
Nicer interior components
More user friendly parts and electronics
2-5 more mpg

Now you do loose a lot of aftermarket capabilities with the newer car but look at it like this to make a 95 mustang have all of the things listed above is...well impossible unless you swap out to a 2011 drivetrain. And even then you won't handle the same track worthiness.

In a nut shell compared to a 95 mustan a 2011 mustang is a luxery Super car compared to a 95.

So is ford overcharging, yes they are, but are they completely jacking us over, not really when you break it down over time what you got from generation to generation. Expect more of the same, new mustangs will continue to be just out of reach for the everyday person but older used models will continue to live on and live strong in the hands of others.
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Old 04-08-2012, 11:35 AM
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