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When I bought my GT

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Old 08-26-2006, 01:33 AM
  #1  
mikev08826
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Default When I bought my GT

When I bought my GT in Nov. '03 there was a $6,000 rebate on an 2003 GT & a $5000 rebate on a 2004 GT. I even found a brand new 2002 that the sales man would sell me for $17,900 (and maybe could have gotten a couple of bucks taken off that!!!

I ended up w/ a 00 GT w/ 16,000 miles for $12,800 (this was 3 years ago mind you).

Seems like it's held it's value well.

Wonder why? F'd up economics @ the ford plant I guess.
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Old 08-26-2006, 02:25 AM
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Dan04COBRA
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Default RE: When I bought my GT

I don't agree about it holding it's value well. An 98 or newer Trans Am, Camaro/Corvette have held their value well.

I was stuck with my 02 GT longer than I wanted because the value was dropping faster than I could pay it off, and I got it $500 under book to begin with & not including my down payment.

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Old 08-26-2006, 02:39 AM
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GT_Bob
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Default RE: When I bought my GT


ORIGINAL: Dan04COBRA

I don't agree about it holding it's value well. An 98 or newer Trans Am, Camaro/Corvette have held their value well.

I was stuck with my 02 GT longer than I wanted because the value was dropping faster than I could pay it off, and I got it $500 under book to begin with & not including my down payment.


I don't know Dan. I think the re-sale value of used Mustangs is par of the bow-ties. Especially if you originally bought a used Mustang, you can do a turn around on one without loosing to much if any.
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Old 08-26-2006, 04:01 AM
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myk
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Default RE: When I bought my GT

Also depends on where you live. Here in San Diego, Mustangs seem to hold their value well, at least better than the F-bodies. I've seen newer, plain-jane GT's selling for the same as somewhat older SS's and WS6's.



Which will end up being good news for me...
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