stephenwsmith

My friend has several cars, and offered me his 2004 Blue Mustang GT Convertible, 40th Anniversary with the 4.6 Liter, 5spd. He's a great guy, and a real friend, and I hate to buy a car from a friend, but its a really pretty car, very straight. It has that strange cover over the rear seats (a 3 piece hard cover) and once when putting them it scratched the paint on the rear deck in front of the trunk lid. The car is Blue and has the racing stripes down the hood and rear deck.

Otherwise the car is very clean, with like 18k miles on it. What would he get to sell the car to a dealer, and what should I pay him for it?

Stephen

ben790450

Kbb.com

Blue book it man

Jaybird79

I'd say 16k sounds reasonable.

04mineralgreyGT

I bought mine a year ago with 12k miles from dealership for $19,995. With the couple hundred bucks I ate on trade in and all the tax, title, tags, etc. I drove off the lot financing right at $21,000. I would say with the miles and It coming from a private seller around 17-18,000. Prolly closer to 17k. If he were to sell it t a dealership he may get 13-14 thousand. Check www.edmunds.com and run a true market value price quote on it. Edmunds used to be free so it shouldn't cost you anything to price it.

stephenwsmith

I called Car Cash, and they said $13-14k minus an estimate for the refinishing cost of the rear panel (between the trunk and top).
I checked on KBB and the trade in price was around $15k

So are these numbers in the ballpark? You guys know this better than anyone, also is there anything particular I should watch out
for on the car? or things to look at. My local dealer offered for $100 to do a checkout of the car for a couple of hours, does that
sound like a good idea?

Stephen

stephenwsmith

The car has a hard shell cover over the rear seats (painted to match the blue car body) its 2 or 3 panels, that cover the rear seat, and make the car look sort of like a 2 door.

Has anyone seen one of these, and what do you call it?

Stephen

stephenwsmith

What is the hard cover over the rear seats called that makes the Mustang look like a 2 seater?

Is this a good thing, I'm a bit nervous that it all comes flying in an accident?

ShadowDrake

I couldn't sell mine that was 100% stock for $16,500, with 26k very well kept miles. Since his has some modifications, it's probably been beaten on, and will lower the value. A dealership may give up $12,000, that's a low estimate though. If you were to buy it from him, $15,500.

04mineralgreyGT

Its called a tonnaeu cover or speedster cover. It would probably be the least of your worries in an accident in a convertible.

ant02gt

yea i wouldnt worry about the cover. Sounds like a nice car. Id offer 15-16 thousand and neg. from there