Is a 2010 Mustang GT Auto Preimuim a good buy still? (no this is not onegoal)
#21
6th Gear Member
#23
Hahaha I know this woulda been a onegoal thread type, but I actually had been pondering this for real. Yeah I commute a lot but also I just love the v8. I couldn't buy a v6 mustang. If I can find a great deal on a 2011 GT I'll go for it. But for now, I'll be more than happy to get a 10 GT for 21k out the door.
#24
I personally wouldn't pay over 18K on any 05-10 car right now unless it was already supercharged. I have seen cars (05-09) making 500+whp with built engines that the owners are practically giving away for 24K and they still have problems finding a buyer. Consider also you can find used 450+whp 03/04 cobras with low miles for less than 24K. I know it's not an s197 but still... A stock shortblock 2010 for more than 18 big ones seems like a real poor investment if you care about performance/$.
#25
I personally wouldn't pay over 18K on any 05-10 car right now unless it was already supercharged. I have seen cars (05-09) making 500+whp with built engines that the owners are practically giving away for 24K and they still have problems finding a buyer. Consider also you can find used 450+whp 03/04 cobras with low miles for less than 24K. I know it's not an s197 but still... A stock shortblock 2010 for more than 18 big ones seems like a real poor investment if you care about performance/$.
#26
If the extra money is an issue, then go for a later build 10 and Im sure you can find a great deal. Great engine. Its been tested and tried since late 2004 and lots of mods available, especially second hand blowers.
#29
Here's my (conflicting) thoughts:
1. I faced the same price difference deciding between the V6 and GT. Sometimes I regret getting the sixer, but there's a big difference in these situations. A 300 hp GT really has all the power you are ever likely to need or want in daily driving. Just speaking for myself, I KNOW that I'd just get myself into trouble with a 400 hp car. I drive in heavy traffic myself here in Atlanta, and I'd just be climbing all over the cars ahead of me with the 11 GT.
2. You've also go to think about depreciation. The 10 is going to be worth a LOT less at trade-in time. This isn't so much an issue if you plan to keep the car a long time.
3. Cars always are an expense, not an investment. Financially, you are ALWAYS better off using the money on your house or to invest.
4. Did you compare insurance between the two model years? That might be an issue since you are just 25.
1. I faced the same price difference deciding between the V6 and GT. Sometimes I regret getting the sixer, but there's a big difference in these situations. A 300 hp GT really has all the power you are ever likely to need or want in daily driving. Just speaking for myself, I KNOW that I'd just get myself into trouble with a 400 hp car. I drive in heavy traffic myself here in Atlanta, and I'd just be climbing all over the cars ahead of me with the 11 GT.
2. You've also go to think about depreciation. The 10 is going to be worth a LOT less at trade-in time. This isn't so much an issue if you plan to keep the car a long time.
3. Cars always are an expense, not an investment. Financially, you are ALWAYS better off using the money on your house or to invest.
4. Did you compare insurance between the two model years? That might be an issue since you are just 25.
#30
Another thing I have thought about this earlier can be compared with my dilemma of supercharging my v6 or saving for a brand new v8 later down the road. I came to the conclusion that I would be better off with the new car due to the "carrot on a stick" principle. Sure a supercharged v6 can match a stock v8 with the 4.6s, but with the 5.0s you need a whole extra 100+ more ponies to go. With the '14s announced and it being the 50th anniversary, I wouldn't be surprised if they increase the power once again. So your 100 ponies behind the "big dawgs" can suddenly increase as well. Just something else to consider.