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Will the price of 05-06 stangs go down much?

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Old 08-24-2006, 12:13 AM
  #1  
Ferny
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Default Will the price of 05-06 stangs go down much?

Alright, I'm buying a mustang in about a year and a quarter if I get my licence on time. I really like the body of the 05-06 mustangs but they are a bit out of my price range at about $15,000 used. Now I realise the main reason that the 99-04 mustangs are in my price range ot begin with is because they changed the body style and they are considered old now. Anyway, is there any chance at all that the price of the newer mustangs will go down to atleast $12,000 in the next year or so?
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Old 08-24-2006, 12:47 AM
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bl1nk
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Default RE: Will the price of 05-06 stangs go down much?

ORIGINAL: Ferny

Alright, I'm buying a mustang in about a year and a quarter if I get my licence on time. I really like the body of the 05-06 mustangs but they are a bit out of my price range at about $15,000 used. Now I realise the main reason that the 99-04 mustangs are in my price range ot begin with is because they changed the body style and they are considered old now. Anyway, is there any chance at all that the price of the newer mustangs will go down to atleast $12,000 in the next year or so?
Um... you arent expecting to get a GT for 15 grand right? You do realize that youll only be able to get a V6? Nothing wrong with that just want to make sure you know what youre going to be able to get.. and no, I highly doubt these cars will drop 3 grand in one year.. maybe 1k if youre lucky.. the only reason that they are less expensive used at this point is because they have been driven off the lot.
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Old 08-24-2006, 12:52 AM
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kindred169
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Default RE: Will the price of 05-06 stangs go down much?

All depends on if you don't mind getting a car that has tons of miles on it. Most likely didn't have the best life, but that's why it'll be cheaper. Otherwise, you'll probably find the price doesn't fall quite to the point you're hoping... not on sticker at least. You may have more leverage to talk a dealer down closer to that 12000 mark (tough fight though), or maybe you can find someone who has no idea what they should be selling their mustang for. Either way, you'll be looking at a bone stock, base everything, V6.
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Old 08-24-2006, 01:42 AM
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gtmachine
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Default RE: Will the price of 05-06 stangs go down much?


I doubt that these new retro mustangs are going to depreciate as fast as the last body styles did, mainly because of the 60's replica design genious that was engineered into them, the impressive performance of the 4.6 in the GT and the popularity of them, seems like everyone I talk with about them likes them. The won't depreciate as fast as previous GT's do.
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Old 08-24-2006, 02:36 AM
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rex7010
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Default RE: Will the price of 05-06 stangs go down much?

Sorry but the price IS going down

look on EBAY at ALL the 05 and 06 mustang GT's

people can't give some of them away IMO.. ( for what I paid new for mine )

mine still onlly has 1,400 miles on it.. you can get one on EBAY for about 20K or so..[:@]


JMO and ONLY that...!!!!! trust me I wish it was the other way around..



Rex
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Old 08-24-2006, 02:37 AM
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petepete
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Default RE: Will the price of 05-06 stangs go down much?

keep your eye on craigslist and ebay i saw a gt go for 16k a little while ago. But buying a use dgt period someone probably drove the crap out of it. Your safer buying a new v6 o_O
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Old 08-24-2006, 05:46 AM
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Ferny
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Default RE: Will the price of 05-06 stangs go down much?

What about car auctions? Like the exclusive ones that only dealers are welcome to. one of my dads friends from highschool has nice used exotic/muscle car dealership and has invited us to auctions in that past. Are cars really any cheaper at them?
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Old 08-24-2006, 07:07 AM
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chrisc
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Default RE: Will the price of 05-06 stangs go down much?

i would be weary of buying a used gt with few miles on it for a cheap price. i would assume that the driver pulled the e-brake at 90mph more than a few times or something
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Old 08-24-2006, 10:45 AM
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S281 E
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Default RE: Will the price of 05-06 stangs go down much?

They'll do gown but I don't think by much.
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Old 08-24-2006, 11:10 AM
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GTlust
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Default RE: Will the price of 05-06 stangs go down much?

Sure they are, but there's a good chance lately that they are were a flooded vehicle that has been reconditioned.

ORIGINAL: Ferny

What about car auctions? Like the exclusive ones that only dealers are welcome to. one of my dads friends from highschool has nice used exotic/muscle car dealership and has invited us to auctions in that past. Are cars really any cheaper at them?
I wouldn't go by the prices on ebay. I personally wouldn't buy a car on ebay and I think a lot of other people wouldn't either.

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