Is this a good price for a S281 SC?
07-25-2007, 02:53 PM
#22
2nd Gear Member
Join Date: Jul 2006
Location:
Posts: 195
RE: Is this a good price for a S281 SC?
Hey, the 42k may not be a bad price. But you should go to a loan calculator and run the numbers. How many years is that for? 40k @ 6.00% for 6 years comes out to $660 a month. Better check the interest rate they put down.
Later
Later
07-25-2007, 03:42 PM
#24
3rd Gear Member
Join Date: Apr 2006
Location: Charlotte NC
Posts: 632
RE: Is this a good price for a S281 SC?
ORIGINAL: sccaii
Which leads me to the point of the questions. If you have the money to throw at a 42K saleen then a comparison of what it would take money wise to build a GT to that level of performance vs paying that price would be in order. Personally I can't see anything but the shelby holding or appreciating in value therefore dumping 42K into it would be as same as putting the money in a GT with mods IMO for the same end result a fast car that will depreciate in value. Yeah the saleen names gets you something but most people really don't care. I sat in a saleen at the dealer and the only things I liked were the seats and maybe the shifter(which felt notchy to me). Exterior styling is nice, the ride is HORRIBLE.
My vote is that car at $42K might be a worth while toy once you consider what you would spend to get a GT to that level of performance but no way in h e l l would I put $58K in a new mustang.
Which leads me to the point of the questions. If you have the money to throw at a 42K saleen then a comparison of what it would take money wise to build a GT to that level of performance vs paying that price would be in order. Personally I can't see anything but the shelby holding or appreciating in value therefore dumping 42K into it would be as same as putting the money in a GT with mods IMO for the same end result a fast car that will depreciate in value. Yeah the saleen names gets you something but most people really don't care. I sat in a saleen at the dealer and the only things I liked were the seats and maybe the shifter(which felt notchy to me). Exterior styling is nice, the ride is HORRIBLE.
My vote is that car at $42K might be a worth while toy once you consider what you would spend to get a GT to that level of performance but no way in h e l l would I put $58K in a new mustang.
I had two deposits down for Shelbys, but got my money back due to the $10 mark-up.
Now I have a Mustang (Carmax 2005 $25k) with mods that run up my "investment" up to around $43k. It is probably worth $30-35k if I sold it. That's life...this is a car to drive, not collect dust for the BIG payoff.
07-25-2007, 05:19 PM
#25
4th Gear Member
Join Date: Aug 2006
Location: Los Angeles, California
Posts: 1,277
RE: Is this a good price for a S281 SC?
That salesman must be the same guy that tried to sell me a (then) new '03 Mach 1 -- $500 a month LEASE for SEVEN YEARS with a $10,000 residual. I laughed in his face and bought a Hemi Ram instead.
07-25-2007, 05:31 PM
#26
5th Gear Member
Join Date: May 2006
Location: Tennessee
Posts: 4,182
RE: Is this a good price for a S281 SC?
[sm=icon_rofl.gif]
ORIGINAL: BigDave
I'll quote you too...
I had two deposits down for Shelbys, but got my money back due to the $10 mark-up.
Now I have a Mustang (Carmax 2005 $25k) with mods that run up my "investment" up to around $43k. It is probably worth $30-35k if I sold it. That's life...this is a car to drive, not collect dust for the BIG payoff.
I'll quote you too...
I had two deposits down for Shelbys, but got my money back due to the $10 mark-up.
Now I have a Mustang (Carmax 2005 $25k) with mods that run up my "investment" up to around $43k. It is probably worth $30-35k if I sold it. That's life...this is a car to drive, not collect dust for the BIG payoff.
07-25-2007, 06:00 PM
#27
3rd Gear Member
Join Date: Sep 2006
Location: Manhattan Beach, CA
Posts: 695
RE: Is this a good price for a S281 SC?
$42k for a new supercharged Saleen S281 sounds almost too low to be true. I would make sure that it is not used (even if it just has a few hundred miles on it) and that it was not a base S281 (which generally go for around $40k) to which the dealer simply added a Saleen Supercharger.A normally aspirated S281 with just supercharger slapped on afterwards will sell for several thousand less than a factory supercharged S281.
I won't jump into the discussion as to whether any Saleen SC is worth $42k, $48k, etc. That's for you to decide yourself.
Post pics of whatever you decide to buy.
I won't jump into the discussion as to whether any Saleen SC is worth $42k, $48k, etc. That's for you to decide yourself.
Post pics of whatever you decide to buy.
07-25-2007, 10:59 PM
#30
2nd Gear Member
Join Date: Jan 2007
Location:
Posts: 169
RE: Is this a good price for a S281 SC?
The numbers look acurate to me. Assuming you still owe on your current Mustang, it looks like they are giving you payoff. For the downpayment, they are sticking $1,000 in their pocket, and applying the other $1,000 to your loan. Today's new car interest rate for 60 months is 7.0% so the payment is correct. This does not include tax, title and tags, nor does it include gap insurance, which would drive the payment up to appox $865. I've seen used SC Saleens go for more than $42K.