I have been looking for a car for my 17 year old daughter to drive and came across a 1995 GT Convertible at a local dealer. Car is super clean and only has 41,000 miles. Carfax is clean with only 2 owners. Problem is they have the car priced way over book by about $5000. Lot price is listed at $13,999, but they also have it listed for $10,995 on Autotrader. NADA books the car at about $5500 and KBB books it at $6500 fair market value. I tried to get them down, but they won't budge. According to Crafax the car was bought at auction and put on the lot to sale. Am I missing something that this car would garner this kind of price?

 

That car is Soooooooooo over priced!!! There has got to be about a million better cars for a 17 year old. Might want to check and see if the guy is a crack dealer. He sure does seam like he's smoking crack for that price.

 

Thank you!!!! I thought I was missing something about the car. This is not some fly by night back road car lot, this is a reputable very large Ford Dealership that I have bought cars from before. The only thing I can figure is they paid too much at auction, but then again why would they. Maybe the guy I was dealing with just did not want to help. Thanks for the reply.

 

LOL, someone at that dealership thinks they found a "gold mine".

 

Used cars are selling for premium at dealers everywhere. There's a sucker born every day and a buyer will find them. You are doing the right thing walking away as mustangs are a dime a dozen and won't take you long to find another.

 

Run, don't walk away from that place. They are certifiably nuts for wanting that kind of money for that car.......

 

I bought my 95 vert for $2000 but I need to put in a new trans and it wasn't well cared for before me now is getting the attention it needs and it's good for learning how to work on it

 

Too much $$. No one is going to buy that car for that price. It is only a matter of time before they drop the price. Keep an eye on it.

 

Funny you should say that. They have called me a few times trying to get me in, but I am not budging. I told them what I would pay, but they just tell me it is a classic with low miles. I just laugh! The car started out at $13,999, then $10,999, then $9998 and now they have it listed for $8999. Still over book by about $2000. I keep watching it and when they finally come to their senses I may grab it, but not before.

 

I'd offer em 4K and work a deal from there.