2005-2014 Mustangs Discussions on the latest S197 model Mustangs from Ford.

trade in value-Holy crap!

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Old Feb 15, 2007 | 04:06 PM
  #1  
BAMFstang's Avatar
BAMFstang
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Default trade in value-Holy crap!

Bored at work so I started checking out kelly blue book. Put my car in just to see what it would come up with.

Then I put in a V6 with the same mileage, condition, options and the price gap washuge.

There was a variance or 8-12 grand in value depending on which you looked at (trade in, private seller or retail value).

I was shocked at how fast the sixxers lose their value.
Old Feb 15, 2007 | 04:15 PM
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Default RE: trade in value-Holy crap!

comparable to most other american cars.
Old Feb 15, 2007 | 04:29 PM
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Default RE: trade in value-Holy crap!

Sticker, mine was $21K. 1.5 years and 22K miles later, it's worth $14-$15K. [&:]
Old Feb 15, 2007 | 04:42 PM
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Default RE: trade in value-Holy crap!

Get used to it if you're gonna buy American or Korean branded cars. If you want to hold value, stick with Japanese or European nameplates (except VW).
Old Feb 15, 2007 | 04:49 PM
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Default RE: trade in value-Holy crap!

Ya the V8 will always be a few grand more than a V6 for many years. I found out the hard way when I bought a 95 in 1999. The V6 averaged 5 grand and the V8 averaged 8 grand. Also when I sold the V6 last year I got $2800 but if it was a V8 I could have got $5000.
Old Feb 15, 2007 | 05:43 PM
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Default RE: trade in value-Holy crap!

Thats good for people looking for some used cars though
Old Feb 15, 2007 | 05:58 PM
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Default RE: trade in value-Holy crap!

unless ur like me and barely drive it lol 2950miles still worth over what i paid, but its having too many problems in the last 3 months, so i was thinkin of selling it and making more than what i paid for it
Old Feb 15, 2007 | 06:01 PM
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Default RE: trade in value-Holy crap!

how is it worth MORE?
Old Feb 15, 2007 | 06:05 PM
  #9  
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Default RE: trade in value-Holy crap!

No Kiddin! Gotta buy used stuff, let someone else take a beating. Most cars will drop 50% in four years. My wife just bought a 2005 Ford FreeStar that listed at 28K when it was new for 13.5K with only 16K miles on it.
Old Feb 15, 2007 | 06:07 PM
  #10  
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Default RE: trade in value-Holy crap!

ORIGINAL: Wisconsin 5.0

No Kiddin! Gotta buy used stuff, let someone else take a beating. Most cars will drop 50% in four years. My wife just bought a 2005 Ford FreeStar that listed at 28K when it was new for 13.5K with only 16K miles on it.
well mine was sittin in the dealer in march 06, it was made 6/05 so probably spent alot of time in the dealer, and i kept lookin at it when my dad took his minivan for service and he knew how much i loved it, and oneday he took me out in march with my mom and we went there, and it said $9000 off the sticker price, it was marked at like $30,000 because it had 20 inch Chrome rims, so we took it off the lot for like $22,000 with taxes and extended warranty, and it was sittin in the show - room with less than 2 miles. Now it has another set of tires, plus its still in mint condition and has almost 3000 miles so its worth above what i paid and if i throw the other tires in, which were about $1000, i'll make more, including the summer accessories for the car



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