You are currently viewing our forum as a guest, which gives you limited access to view most discussions and access our other features. By joining our community, at no cost, you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is free, fast and simple, so please join our community today!
I got my brand new 2010 GT in late August, due to obvious price issues, I wasn't able to get a new GT500.
Fast forward to last night, when I see a 2008 GT500 sitting on the lot. Called about it, found out that its a hair under 500 miles. Apparently the guy thought it'd be a real collector's item, then gave up on it and decided to sell before it depreciates any further. They want 41k for it, which I know isn't close to what I'll get for mine, I'll be lucky if I can break 30 most likely, even with only 1400 miles on mine.
Money issues aside, I'm terrible torn about this. I haven't driven a stick in 10 years, and even then I drove it only three or four times, so that would be a big change. I've wanted a GT500 for more years than I can remember, and I know I have a good chance here, but...ughhh. Any advice/opinions here?
This ad is not displayed to registered or logged-in members. Register your free account today and become a member on Mustang Forums!
If they want 41k for a used GT500 then I wonder what my car is worth over there. I bought my GT500 brand new, fully loaded, for 42k. There's no way I'd pay 41k for a used one. You will not regret a GT500. It is truly an amazing car. The 2010's are even better.
Ended up not doing it, insurance would just be too high. It made it though a whole week on evilbay at 36.9, it hurt knowing I could have gotten it for that little.
Ended up not doing it, insurance would just be too high. It made it though a whole week on evilbay at 36.9, it hurt knowing I could have gotten it for that little.
Ended up not doing it, insurance would just be too high. It made it though a whole week on evilbay at 36.9, it hurt knowing I could have gotten it for that little.
Not to make you feel worse, but are you sure about the insurance being higher.
I check with my company last year when I was in the same boat, and it would have cost just about the same.
the price you mentioned is right about where me and a fellow club member bought both of our Convertible GT500's several months ago....I'm seeing GT500 Coupes for $36K-$39 in alot of different places.
...and as far as insurance rates go, I understand there are a few factors that drive everything, but me going from my old 2005 Mustang GT to a new 2008 GT500 Convertible cost me only $12 additional dollars a month to my policy...
__________________
2008 Convertible GT500
Torch Red w/Silver Rocker Stripes
Alcoa Super Snake Rims
JLT CAI
2.6 Metco Pulley
Metco Double Bearing Auxillary Pulley
Borla Stingers
Eibach Pro-Kit
#415 of 463 Manufactured in Torch Red
#1855 of 2070 Convertibles
The insurance alone isn't the problem, its the insurance + the gap between trade value on my GT and what they want for theirs that is the issue really.
The car went another full week on ebay (that I saw) and it didn't hit the reserve price, so its still sitting on the lot. When I was there, the guy told me they had "tons of offers" to end the sale around 38-39 but they apparently rejected all of them. I'd hate to see this thing just sit and sit there because they want too much
This forum is owned and operated by Internet Brands, Inc., a Delaware corporation. It is not authorized or endorsed by the Ford Motor Company and is not affiliated with the Ford Motor Company or its related companies in any way. Ford® is a registered trademark of the Ford Motor Company
Ughh, decisions decisions
