dafe

Hi, first post here! Been looking for a Mustang for a while and think I found one I'm ready to pull the trigger on. Just wanting to get some feedback as to whether it's a good price or not.

2006 Mustang GT Premium
Manual
40k Miles
Excellent Condition

$15,900. It is from a dealer.

KBB prices:

trade in: 15.6
suggested retail: 20.6

Edmunds TMV: 14.8


Thanks!

dafe

Couldn't figure out how to modify the thread... But the other Mustang I've been looking at is an '05 GT Vert with 64k miles for 15.5k. A convertible isn't ultra important for me... just kind of a nice bonus I guess, I was just concerned with the mileage and it being the first production year.

Opinions?

j0nx

Well let's just say that in March 2009 I paid $14700 for a 2007 premium V6 convertible with 15k miles on it from a dealer. That same car would probably go for less than $13k now easily. In conclusion, no not really a good deal. Sounds like the dealer is charging you retail value.

Nuke

Read thru the list of TSB's in the stickies to this forum. There are a lot applicable to the 05'-'06 and some still extending into and beyond the '07s. The water leak TSB is a biggie and the car should be closely looked over with this in mind.

Depending on the area, $15.9k is a bit high IMO. For comparison, I paid $13.5k for an '06 V6 Pony Package with some interior upgrades with 9600 miles in mint condition in April 2009.

NicD

I got my '05 GT premium about a year ago for about the same price with 29K miles - few miles but a year older. Sounds like a good deal to me. That's better than you would find at someplace like Carmax for example.

alkemist

40K is a bit high considering all the low mile mustangs out there to choose from, so you can probably shave off a more from that deal. Are there any other extras to the mustang? Security? Comfort? Interior upgrade? I paid about $18.3k last July for an '06.

Rubrignitz

Wasn't the water leak issue just a clogged hole where the cabin filter sits in the plenum? If it's in excellent condition I don't see why it's not a good deal though it's kinda difficult to get a feel from the previous owner on how well the car was treated/maintained when you buy used from a dealer. You just get a warm fuzzy when buying from a previous owner.

JDWalton

hard to tell without your zip but seems resonable, looked within 200 miles of little rock, stangs are keeping there value where your at.
http://www.autotrader.com/fyc/vdp.js...standard=false

looks good, but the ones your talking about sound good too.


EDIT:
eww.... just saw under the hood though....... lol good luck

Rubrignitz

Man look at the engine bay on that thing!!! I'd close the hood and say no thanks. Guess its just some dirt but damn.

dafe

Ok cool thanks. I'll definitely check the water leak out - are there any other TSB's of pretty high importance I should keep in mind when looking at it?

I know it's the GT Premium with the Shaker 500. I'm not sure about interior or comfort upgrade, how can I tell without the window sticker?

My only issue atm is I am financing through Capital One and they are pretty picky - it has to be a dealer and only certain ones.