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Questions about buying a used GT

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Old 08-15-2008, 09:19 AM
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pwrl3ss
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Default Questions about buying a used GT

Hi all,

Been a lurker here for some time. I've been mostly on the classic forum (I have a 68 hardtop). But I need some help from the S197 folks. I'm going to look at a 06 GT with 41k on the odom tomorrow. The dealer is asking $15995; is that reasonable for a GT (premium,auto) with that type of mileage? I'm guessing that year did not have 5yr/60k powertrain warranty, correct?

Anything else I should be looking for when I check it out?

Thanks!
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Old 08-15-2008, 10:11 AM
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OhioState87
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Originally Posted by pwrl3ss
Hi all,

Been a lurker here for some time. I've been mostly on the classic forum (I have a 68 hardtop). But I need some help from the S197 folks. I'm going to look at a 06 GT with 41k on the odom tomorrow. The dealer is asking $15995; is that reasonable for a GT (premium,auto) with that type of mileage? I'm guessing that year did not have 5yr/60k powertrain warranty, correct?

Anything else I should be looking for when I check it out?

Thanks!

I bought my 06GT Premium last year with 15,500miles on it for $22,500.

I did a Suggested Retail Value on Kelley Blue Book with the info you provided, and it suggests $20,780. Here's the link http://www.kbb.com/KBB/UsedCars/Pric...7C19481%7Ctrue
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Old 08-15-2008, 10:14 AM
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illin
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That seems very fair.

Unlike most new cars...the S197 is still easy to work on. You will actually be able to identify all motor components...and get to them with actual hands.

Go for it!

My old man is in the same boat. Always owned classics...but after driving my S197, he is "looking".
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Old 08-15-2008, 10:17 AM
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Thanks for the link. I guess there won't be that much room to negotiate seeing the trade-in value could have been around $15000.
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Old 08-15-2008, 10:29 AM
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Xeno
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It does sound like a fairly good deal. Give it a good 'look-around' and check for any problems; I bought mine used and I was on my hands and knees looking underneath the car for any visible problems (it was worth is though, because the fixed the couple of problems I found before they gave me the car)
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Old 08-15-2008, 10:33 AM
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Originally Posted by illin

My old man is in the same boat. Always owned classics...but after driving my S197, he is "looking".
With me, when the S197 came out, I got back into wanting a classic (since the new Stangs were out of my budget). Now that I have my classic, I want to get a S197 .
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Old 08-15-2008, 11:57 AM
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I think that is a very good deal considering what GT's are bringing around here. If that car were on a lot in this general area it would bring at least $18,000. Hope it goes well. Good luck!
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Old 08-15-2008, 12:06 PM
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it's a good deal, go for it
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Old 08-15-2008, 12:48 PM
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From a dealer that's too good of a deal. I'd check it out carefully.
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Old 08-15-2008, 12:58 PM
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Yeah, it seems too good. The Carfax report shows it may have been sitting there since Sept. of last year :0 .
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