Notices
2005-2014 Mustangs Discussions on the latest S197 model Mustangs from Ford.
Sponsored by:
Sponsored by:

Questions about buying new/used mustang.

Thread Tools
 
Search this Thread
 
Old 10-18-2006, 06:38 PM
  #1  
pwrl3ss
2nd Gear Member
Thread Starter
 
pwrl3ss's Avatar
 
Join Date: Oct 2006
Location: DC Metro
Posts: 152
Default Questions about buying new/used mustang.

Hi all,

First off, I'd like to say this is an awesome forum for mustang info. I don't have a Mustang YET. I'm still trying to get some info together as to what might be best. I know when the 05's came out, in terms of pricing, MSRP+ was typical. Now that the dust has settled a little, should invoice be a problem to get on an 07? I was also looking at possibly a used 05 GT. I've seen a few for less than $22k with less than 15k miles. Were there any serious bugs in the first year? I would love to order/buy a new 07 with exactly everything I would want, but if I could save $5-6k on a good used one, I'd do that.

Sorry if I'm being to general with this post, but I'm looking for opinions/suggestions.

Thanks

pwrl3ss is offline  
Old 10-18-2006, 06:42 PM
  #2  
mAnYsTyLeS
4th Gear Member
 
mAnYsTyLeS's Avatar
 
Join Date: Aug 2006
Location: NYC
Posts: 1,516
Default RE: Questions about buying new/used mustang.

No bugs that can't be fixed and I would assume they would be fixed before the car is sold to you.
mAnYsTyLeS is offline  
Old 10-18-2006, 06:58 PM
  #3  
JDBullitt
2nd Gear Member
 
JDBullitt's Avatar
 
Join Date: Jun 2006
Location: Hickory,NC
Posts: 204
Default RE: Questions about buying new/used mustang.

The only problem I've had with my '05 was a throttle body sensor that was fixed under warranty, no big deal.
JDBullitt is offline  
Old 10-18-2006, 09:21 PM
  #4  
callahan
3rd Gear Member
 
callahan's Avatar
 
Join Date: Mar 2006
Location: ohio
Posts: 507
Default RE: Questions about buying new/used mustang.

If you can afford it, buy new. This way you will know exactly how the car is maintained and how it is driven. You can bet your bottom dollar that a little old lady didn't just drive the used Mustang you'll be looking at to church on Sundays.
callahan is offline  
Old 10-18-2006, 11:49 PM
  #5  
grabberorange1
3rd Gear Member
 
grabberorange1's Avatar
 
Join Date: Sep 2006
Location: So Cal
Posts: 676
Default RE: Questions about buying new/used mustang.

I think that getting one at invoice is going to be determined by your location, dealer inventory, and what options you want on your car. When I bought mine, it was the only GT 5 speed three dealers within 75 miles had. With that said, they were not willing to do invoice because of demand. They did go $800. off sticker which took heading out the door of the dealership three times. Financing rates are cheaper on New over Used, so the difference there may make the new car cheaper than you expect over the term of the loan, and you are getting a car that is under warranty, not buying a '05 which might have some warranty left depending on mileage. Even with the instant depreciation of new car buying, I think its a better investment if you can afford to do so.
grabberorange1 is offline  
Old 10-18-2006, 11:51 PM
  #6  
TPony
6th Gear Member
 
TPony's Avatar
 
Join Date: Jul 2006
Location: USA
Posts: 11,962
Default RE: Questions about buying new/used mustang.

I'll say right now invoice for an 07 may be a little hard to get, if you can wait wait till Jul/Aug/Sep of next year for an invoice deal....
TPony is offline  
Old 10-19-2006, 03:31 AM
  #7  
duk
1st Gear Member
 
duk's Avatar
 
Join Date: Sep 2006
Posts: 60
Default RE: Questions about buying new/used mustang.

You might still be able to find a good deal on a 2006. Some dealerships in Houston were advertising 7000 off the MSRP. I was going to buy one but all they had left were automatics.
duk is offline  
Old 10-19-2006, 09:11 AM
  #8  
Viridian
2nd Gear Member
 
Viridian's Avatar
 
Join Date: Jun 2004
Location:
Posts: 156
Default RE: Questions about buying new/used mustang.

If you go during the last weekend of the month, you might be able to score invoice. I know I did on my '07.
Viridian is offline  
Old 10-19-2006, 09:25 AM
  #9  
richmod
4th Gear Member
 
richmod's Avatar
 
Join Date: Jan 2006
Location: NC
Posts: 1,138
Default RE: Questions about buying new/used mustang.


ORIGINAL: Viridian

If you go during the last weekend of the month, you might be able to score invoice. I know I did on my '07.
+1. And if you can wait for the last week of December, you got a good shot at invoice.
richmod is offline  
Old 10-19-2006, 10:50 AM
  #10  
pwrl3ss
2nd Gear Member
Thread Starter
 
pwrl3ss's Avatar
 
Join Date: Oct 2006
Location: DC Metro
Posts: 152
Default RE: Questions about buying new/used mustang.

Thanks guys. I think I'm going to take Cal's input on the used Mustang. No telling who's stinky butt was in the driver's seat before yours.
One other thing; if I wanted it lowered and a bigger gear thrown into the rear, would you go with Ford Racing and let the dealer install it? Should that be cover under the manufacturer's warranty if the dealer installs it?

Again thanks for the info all!

pwrl3ss is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
MustangJourney
V6 S197 General Discussion
1
09-02-2015 04:32 PM
tj@steeda
Steeda Autosports
0
09-01-2015 08:16 PM
69FB
Audio/Visual Electronics
2
08-18-2015 08:50 PM
chain
New Member Area
6
08-17-2015 08:52 AM
MtnMustang
Classic Mustangs (Tech)
2
08-16-2015 08:07 PM



Quick Reply: Questions about buying new/used mustang.



All times are GMT -5. The time now is 07:11 AM.