When do you think the prices of the 05 Mustangs will go down?

I hope there are some used ones available soon.

 

Probably next summer.
As long as this car is hot, they will try to squeeze every penny out of us.

The 2006 models will take its place.

I bought mine in June and I have the premium , paid about 26,500

 

Oh ok, Thanks.

 

I don't think you will see the price go down much after reading this!

Sales of the Mustang are up 47 percent through the end of May over what they were last year before the redesign. The redesigned car is selling better than Chrysler's popular 300 sedan. It also is outselling 13 brands, including Scion, Saturn, Mercedes-Benz and Subaru.

"Demand for the 2005 model has already been filled from a production standpoint," says Jim Owens, marketing manager for Mustang. "We haven't seen anything like this for Mustang in recent history."

The Mustang buzz is so hot, in fact, it's even helping boost the price of used 2003 and 2004 models from before the redesign. Kelley Blue Book says used values have been up as much as $1,000 at auction as dealers scramble to have something on their lots to offer customers if they can't provide a new model.

"The introduction of a new vehicle typically brings down the value of the car it replaces, but we have found an anomaly in the Mustang," says Jack Nerad, editorial director and executive market analyst at Kelley Blue Book. "We have seen this phenomenon before but never to this extent and for this long a period."

http://www.detnews.com/2005/autosins...uto-229229.htm


You can also search the dealers to see if they have any used 05 Mustangs on their lots through these sites
http://www.fordcpo.com/ford/locate/results/index.asp

http://www57.forddirect.fordvehicles...edPreOwned.jsp

Here's some used 05's I found using my zip code

http://forddirect.autotrader.com/for...005&rdpage=ymm

http://forddirect.autotrader.com/for...005&rdpage=ymm

 

Thanks for all this info, I appreciate it!

 

Carmax.com has about 10 used '05 GT's. Just do a national inventory search to find them. They're a bit higher priced than buying new, though.

Dave

 

Why would used ones be more expensive than new ones?

 

Not sure. I imagine it may have something to do with the '05's being in such high demand. I've seen used '05 GT's at local dealerships for as much as 31K. Luckily, I drove about an hour out of town and found mine new for 26,500.

 

My dealership gets the rentals when they have about 12,000 miles and sells em used
i test drove one about a week ago.

 

i really hope they tell them up front that those cars had about the worst 12,000 miles put on them possible, cause it would be a bitch move not to tell them they were rentals.