Make profit fixing 2000 GT?
#13
Actually, I think the price is more than fair. Remember, it is a very low mileage car. A 12 year old car with 87k on the odometer is just 7.5K per year. Most 2000's have twice that mileage. If the unit is in very good condition, and it sounds like it is, then the price, in my humble opinion, is actually a little low. I would have my mechanic go over it, just as I would any car I was going to buy. I doubt that he could re-sell it at much of a profit, though. Peace.
#16
Well excuse me.... and gee what a coinidence, with that many miles on it maybe you're the one who should be looking at junkyards. I bet your car has a really strong compression ratio; not to mention the fact that just about every other component, in my humble opinion, is about to fail... and yes I'll keep my opinions to myself...
Last edited by piledriver; 02-25-2012 at 08:10 PM.
#17
I used to flip cars back before there were smog laws here. Made some money and had some real nice cars over the years. The deal you are talking about doesn't sound to good to me. Keep lookin. There are better deals out there then that.
#18
Well excuse me.... and gee what a coinidence, with that many miles on it maybe you're the one who should be looking at junkyards. I bet your car has a really strong compression ratio; not to mention the fact that just about every other component, in my humble opinion, is about to fail... and yes I'll keep my opinions to myself...
As for my car, no it's not anywhere near close to falling apart. The interior is really clean, the transmission was just rebuilt, same goes for the rear end and both are still under warranty. Struts, tires and brakes are new on all 4 corners and all of the bushings look good. It also has a brand new top. I have $5K in receipts for it. So yeah, I have $3000 in it right now and I am projecting a sale in the $4-4.5K range. Nearly $1500 cheaper than the cheapest New Edge GT Convertible on my local craigslist.
#19
When I first read this, I thought "Why so hostile?", but I re read the first page and I realized that I looked like a total dick. I thought you were referring to the car that the OP was looking at, which is why I said "He was talking to me", it wasn't intended to be an insult. Sorry about the confusion there.
As for my car, no it's not anywhere near close to falling apart. The interior is really clean, the transmission was just rebuilt, same goes for the rear end and both are still under warranty. Struts, tires and brakes are new on all 4 corners and all of the bushings look good. It also has a brand new top. I have $5K in receipts for it. So yeah, I have $3000 in it right now and I am projecting a sale in the $4-4.5K range. Nearly $1500 cheaper than the cheapest New Edge GT Convertible on my local craigslist.
As for my car, no it's not anywhere near close to falling apart. The interior is really clean, the transmission was just rebuilt, same goes for the rear end and both are still under warranty. Struts, tires and brakes are new on all 4 corners and all of the bushings look good. It also has a brand new top. I have $5K in receipts for it. So yeah, I have $3000 in it right now and I am projecting a sale in the $4-4.5K range. Nearly $1500 cheaper than the cheapest New Edge GT Convertible on my local craigslist.
#20
Alright guys, let me ask a different question then, lets say I worked this guy down quite a bit. Do you think people now-a-days would purchase this spec mustang but with no mechanical abnormalities for $6000?