Buying a mustang and need advice!
09-21-2007, 03:44 AM
#1
Thread Starter
Join Date: Sep 2007
Location:
Posts: 13
Buying a mustang and need advice!
So, I've been in the market for a new car, and practicality be damned, im going for the mustang. I made a trip down to the dealership, and while they had a bunch of the new 08's in, there happened to be a 07 v6 coupe in pretty much exactly what I wanted. Stick, pony package, leather, and with a total sticker of $ 23,700, with a total of about 300 miles on it(guess its from test drives and stuff.) So i figured if i could save some money and get a good deal on the 07, might as well. My question is: what should I pay for this car? If I can only save a negligible amount, might as well get a new 08 fresh of the truck. After looking on edmunds, I figure maybe around 19-something? What do you guys think?
edit: any input would be appreciated; If I'm gonna get this car I'm probably buying it literally in the next 24 hours.
edit: any input would be appreciated; If I'm gonna get this car I'm probably buying it literally in the next 24 hours.
09-21-2007, 04:21 AM
#2
2nd Gear Member
Join Date: Nov 2005
Location: United Arab Emirates
Posts: 294
RE: Buying a mustang and need advice!
i say this is too much for a v6. go for an 08 and u wont regret it. i remember a couple of days before i bought my gt i didnt find what i want which was a windveil blue stick gt but ended up happy with my auto black beauty
09-21-2007, 06:42 AM
#4
3rd Gear Member
Join Date: Sep 2006
Location: Indianapolis
Posts: 770
RE: Buying a mustang and need advice!
go to fordvehicles.com and search the inventory of the dealer you are buying from. you should be able to find the car you are looking at with the invoice price.
300 miles, september...
you should easily get invoice or below not including incentives from ford.
300 miles, september...
you should easily get invoice or below not including incentives from ford.
ORIGINAL: jetking69
So, I've been in the market for a new car, and practicality be damned, im going for the mustang. I made a trip down to the dealership, and while they had a bunch of the new 08's in, there happened to be a 07 v6 coupe in pretty much exactly what I wanted. Stick, pony package, leather, and with a total sticker of $ 23,700, with a total of about 300 miles on it(guess its from test drives and stuff.) So i figured if i could save some money and get a good deal on the 07, might as well. My question is: what should I pay for this car? If I can only save a negligible amount, might as well get a new 08 fresh of the truck. After looking on edmunds, I figure maybe around 19-something? What do you guys think?
edit: any input would be appreciated; If I'm gonna get this car I'm probably buying it literally in the next 24 hours.
So, I've been in the market for a new car, and practicality be damned, im going for the mustang. I made a trip down to the dealership, and while they had a bunch of the new 08's in, there happened to be a 07 v6 coupe in pretty much exactly what I wanted. Stick, pony package, leather, and with a total sticker of $ 23,700, with a total of about 300 miles on it(guess its from test drives and stuff.) So i figured if i could save some money and get a good deal on the 07, might as well. My question is: what should I pay for this car? If I can only save a negligible amount, might as well get a new 08 fresh of the truck. After looking on edmunds, I figure maybe around 19-something? What do you guys think?
edit: any input would be appreciated; If I'm gonna get this car I'm probably buying it literally in the next 24 hours.
09-21-2007, 07:19 AM
#5
2nd Gear Member
Join Date: Aug 2007
Location: Washington, DC
Posts: 208
RE: Buying a mustang and need advice!
2008 Incentives
Currently:
$1000
$500 Swap your ride
They always have the following:
$500 if you are in college
$500 if your are in the military
$500 if you are part of the American Quarter Horse Association
http://www.fordvehicles.com/cars/mus...52&year=07
http://www.edmunds.com/incentives/Re...ives.2.2.Ford*
Currently:
$1000
$500 Swap your ride
They always have the following:
$500 if you are in college
$500 if your are in the military
$500 if you are part of the American Quarter Horse Association
http://www.fordvehicles.com/cars/mus...52&year=07
http://www.edmunds.com/incentives/Re...ives.2.2.Ford*
09-21-2007, 08:23 AM
#6
2nd Gear Member
Join Date: Jul 2007
Location: California
Posts: 393
RE: Buying a mustang and need advice!
Yeah I know there are $2000-$2500 in rebates to take that immediately off sticker and ask for a demo discount (300 miles is kind of a lot). I would think that $19-$20k would be a good deal for a nicely equipped one such as that. If they can't do that, pick an '08 off the truck because it is a whole year newer and will have better resale value. JMO. Good luck!!
09-21-2007, 01:54 PM
#7
6th Gear Member
Join Date: Apr 2005
Location: West Los Angeles
Posts: 5,390
RE: Buying a mustang and need advice!
I was looking at a few used Mustangs at Galpin in Los Angeles yesterday and for $23,000 you could get a 2005-06 used GT with average mileage. There was a 2006 GT-H for $43K! So even though it's new and decently loaded, $23K is a little high for a V-6 with 300 miles.
The invoice on a 2007 V-6 Premium coupe is $18,737
The Pony Package is $653
add whatever else options are on it and deduct for the rebates
I'd recommend the new V-6 over a used GT, considering the price of gas will be getting higher soon!
The invoice on a 2007 V-6 Premium coupe is $18,737
The Pony Package is $653
add whatever else options are on it and deduct for the rebates
I'd recommend the new V-6 over a used GT, considering the price of gas will be getting higher soon!
09-21-2007, 04:05 PM
#8
4th Gear Member
Join Date: Jul 2006
Location: CA
Posts: 1,486
RE: Buying a mustang and need advice!
I would look for an used GT if you plan onpaying $23K. But definitely go with a brand new 2008 V6 and talk them down to $23K for the same deal...leather, PP, etc. If you do decide to go with the 07, you should pay more than $20K at least! Good luck 
09-21-2007, 06:03 PM
#9
RE: Buying a mustang and need advice!
Hmmm, $23,000 for a V6...
Around here in North Carolina.... I could go to any ford dealership around me and they have 2007 V8's with the leather seats for that price.. So I'd say that price for the V6 may be just a tad bit.
Around here in North Carolina.... I could go to any ford dealership around me and they have 2007 V8's with the leather seats for that price.. So I'd say that price for the V6 may be just a tad bit.
09-21-2007, 06:28 PM
#10
Join Date: Sep 2007
Posts: 6
RE: Buying a mustang and need advice!
I'm in a similar situation as the Original poster. I've been reading this forum and doing research/getting quotes for over a month now.
I've had quotes between $17,900 and $18,600 for a very similar 2007, pony package, upgraded interior etc. but with an Auto transmission. So I'd be looking around for low $18k for the car in your OP.
I've had quotes between $17,900 and $18,600 for a very similar 2007, pony package, upgraded interior etc. but with an Auto transmission. So I'd be looking around for low $18k for the car in your OP.