So on Friday my dad and I will be going to look at a used 05 GT, It's a very nice car, 15k miles, and its currently priced at 20k, The dealer said the prices is negotiable, and so we plan to negotiate our asses off. We are looking to get the car for 20k with taxes, fees, and licenses and stuff. I had two questions, Does this negotiating price seem realistic? and Are there any of you guys out there that bought there mustangs for around 20k, and if so what would the montly payments look like, considering my father will be doing this through the credit union, at a rate of 5.9 finance. Thanks for the help guys.

oh btw, the car is black, red leather seats, auto, rear louvers (spelling?)

 

oh one more thing, We are looking for payments of about 400 a month or lower if possible, but nothing over 400

 

excellent miles and options. $20k out the door sounds like a good deal to me. I was looking at a red/red leather 05 GT pretty much fully loaded for $25k with about 25k miles and decided to pass since I ended up buying my 07 the way I wanted it down to every option for $27k. The rate you dad found sounds pretty good too, mine's about the same, but after the trade in and down payment, my loan amount is only about $12k so my payments are pretty cheap