Why are a lot of mustangs selling ~60k
#13
RE: Why are a lot of mustangs selling ~60k
I think people figure that there on the boarder of there car not being worth anything so get rid of it now. I once had a dealer tell me that my 97 camaro with nearly 100k was not worth anything. And btw i bought my 99 GT vert for $12,000.00 with 60 k on it 2 years ago.
-Herman
-Herman
ORIGINAL: Fenix
I've been looking at some stangs and they all seem to be selling around 50-60k miles, is this because there are major repairs just ahead? I'm looking at this 2000 GT for $12k w/ 69k, flomaster exhaust, leather, and a body kit... this is a bit above kbb i know but its in excellent condition. Any thoughts?
I've been looking at some stangs and they all seem to be selling around 50-60k miles, is this because there are major repairs just ahead? I'm looking at this 2000 GT for $12k w/ 69k, flomaster exhaust, leather, and a body kit... this is a bit above kbb i know but its in excellent condition. Any thoughts?
#14
RE: Why are a lot of mustangs selling ~60k
keep looking. I paid 13.5 for my 02 with 35K on it awhile ago judging by what others have paid, i mighta got hosed. Although mine did come with a pound of blow in the spare tire well.....
#15
2010 Blue Ball Award Recipient
Join Date: Dec 2004
Location: Eskimo Village, Indiana *No Igloo*
Posts: 7,907
RE: Why are a lot of mustangs selling ~60k
Like everyone has said, keep looking.
1. mileage is getting to the point where if it was beaten badly, it'll need some stuff soon
2. price is a bit high for the year/mileage
August 2004- 1999GT 5sp, stock, lthr, 48K 9500
look around, that was my goal until i found this car in the first magazine i looked at ..lol
1. mileage is getting to the point where if it was beaten badly, it'll need some stuff soon
2. price is a bit high for the year/mileage
August 2004- 1999GT 5sp, stock, lthr, 48K 9500
look around, that was my goal until i found this car in the first magazine i looked at ..lol
#16
RE: Why are a lot of mustangs selling ~60k
Dude, i woulden't even worry about the milage. Make sure you get a tech to inspect the engine and drivetrain. If you get a pony at 100k the still run to 160,000. Buy an engine rebuild kit that will replace the gaskets, springs, bearing and your engine will be like new, but the block will be broken in.
I do say that if you do an engine rebuild kit, my guy told me might as well change the IM, CH and all. Polish the PH's and re sleve the CH's as well. Crank and cams too. You will get a huge boost in BHP and all your mods will also increase in power. Plus you are ready for a blower if you choose to go that route.
I do say that if you do an engine rebuild kit, my guy told me might as well change the IM, CH and all. Polish the PH's and re sleve the CH's as well. Crank and cams too. You will get a huge boost in BHP and all your mods will also increase in power. Plus you are ready for a blower if you choose to go that route.
#17
RE: Why are a lot of mustangs selling ~60k
LvGordo Date 4/27/2006 5:43:59 PM
keep looking. I paid 13.5 for my 02 with 35K on it awhile ago judging by what others have paid, i mighta got hosed. Although mine did come with a pound of blow in the spare tire well.....
keep looking. I paid 13.5 for my 02 with 35K on it awhile ago judging by what others have paid, i mighta got hosed. Although mine did come with a pound of blow in the spare tire well.....
wow , a pound of blow , lucky you , i payed 13.5 for my 02 gt as well , but it has 25k miles , so i guess 10k miles less makes up for the blow
#18
RE: Why are a lot of mustangs selling ~60k
I also believe that the reason people sell at around 50-60k is that the car seems to depreciate rapidly after that (closer to 100k). I've seen mustangs on craigslist near 100k miles, good prices, looks clean.. but no one will touch them. I think there's this stigma that mustangs don't last much past 100k. Of course, this is true of most cars that are abused.. if you take care of your car, it could last you a lot, lot longer.
I bought my 99 gt vert with 55k miles for $11k. I do feel like I got ripped off, because I've had to change the brakes, going to have to change the tires soon, the top has a little rip, the body some little scratches I didn't notice. I was desperate for a car, fell in love with the color, and just bit.
If you have time, SHOP AROUND. You'll be happy you did, when you find the same/better car for a thousand or two (or three?) less.. Make sure you test drive it a few times, get a mechanic to check it out, and ask for maintenance records.
Best of LUCK! don't be lazy about it, shop around.. or you might just regret it later.
I bought my 99 gt vert with 55k miles for $11k. I do feel like I got ripped off, because I've had to change the brakes, going to have to change the tires soon, the top has a little rip, the body some little scratches I didn't notice. I was desperate for a car, fell in love with the color, and just bit.
If you have time, SHOP AROUND. You'll be happy you did, when you find the same/better car for a thousand or two (or three?) less.. Make sure you test drive it a few times, get a mechanic to check it out, and ask for maintenance records.
Best of LUCK! don't be lazy about it, shop around.. or you might just regret it later.
#20
RE: Why are a lot of mustangs selling ~60k
yup i got my 02 GT with 38K for 15K, the dealer installed a full magnaflow magnapack and x-pipe with cats and brand new khumo tires, full detail, oil changed.. all for 15K... good deal to me...
Shop around man... there are good deals out there you just have to look and wait!
Shop around man... there are good deals out there you just have to look and wait!