ooorah2111

I am interested in buying this 2005 Mustang GT 5 spd. I love everything about the car, but my father told me that the resale values on these cars are complete ****. Is this statement true at all? What are some things I can say to prove him wrong? If I buy this car, I will probably be driving it for 4-5 years, and this car has 2100 miles on it. I also checked the KB price on 2003 mustang gts with 70,000 miles and they are going for $15,000.
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jay0heavenly

The original owner usually takes most of the hit... I'd say the resale is average and if you mod it up, it goes down.

CrazyAl

Of course, nobody can predict the future regarding resale value on ANY car. However, these cars are holding their value very well right now. This new body style is much more popular than the previous generation of Mustang.

You can check the used values for the '05s on kbb.com (Kelly Blue Book) ornada.com (NADA price guidebook).If you have an Ebay account, go to Ebay and search the prices on completed auctions for late-model Mustangs.

billyjo

wow low miles and well, one thing you can tell your dad is that they only made 145000 mustangs in 2005, 45000 were gt's and an average of 1 out of 10 were 5 spds. So if you do the math that is one of only 4500 5 spds made in 2005. Also it has the most potential of upgrades and the first ford except for the Ford GT to hold a value in a long time.

rajanarora

I'm also considering buying a 2005 Mustang GT, is it a reliable car? Has anyone had issues and are there any common issues I need to have checked out before I purchase it?

Thanks!

TElke1

Personally, I never plan on selling my car....this was my present to myself after I got a good job after college and plan on keeping it awhile! I love it!

Rt1Rebel

Cars are not an investment.That said, a very well maintained original '05 with low miles will probably be worth a good bit 20 years from now to the right buyer, but the equivalent '06 will be worth more 5 years from now. You should be researching insurance rates, gas mileageand reliability, not resale value.

rutus

They seem to be holding value well. Unless you get a really good price on the 05, you can probably spend a little more and get an 07. The short term resale will be better for the new one. Check the pricing and loan rates before you decide. New car rates are much lower and sometimes you will have a lower payment/final payoff with new vs. 1-2 yrs old.

rajanarora

good point, does anyone have any comments on reliability?

Johnmichael

True. A month agoI paid $25850 (total)for myTorch Red '07 GT Coupe...and it has a lot of options, leather/auto/upgraded wheels/IUP. There wereused '05's going for more than that @ AutoTrader when I was searching for aS197 (new body style).