Ughh, decisions decisions
10-05-2009, 08:20 PM
#1
1st Gear Member
Thread Starter
Join Date: Aug 2009
Location: Tennessee
Posts: 54
Ughh, decisions decisions
I got my brand new 2010 GT in late August, due to obvious price issues, I wasn't able to get a new GT500.
Fast forward to last night, when I see a 2008 GT500 sitting on the lot. Called about it, found out that its a hair under 500 miles. Apparently the guy thought it'd be a real collector's item, then gave up on it and decided to sell before it depreciates any further. They want 41k for it, which I know isn't close to what I'll get for mine, I'll be lucky if I can break 30 most likely, even with only 1400 miles on mine.
Money issues aside, I'm terrible torn about this. I haven't driven a stick in 10 years, and even then I drove it only three or four times, so that would be a big change. I've wanted a GT500 for more years than I can remember, and I know I have a good chance here, but...ughhh. Any advice/opinions here?
Fast forward to last night, when I see a 2008 GT500 sitting on the lot. Called about it, found out that its a hair under 500 miles. Apparently the guy thought it'd be a real collector's item, then gave up on it and decided to sell before it depreciates any further. They want 41k for it, which I know isn't close to what I'll get for mine, I'll be lucky if I can break 30 most likely, even with only 1400 miles on mine.
Money issues aside, I'm terrible torn about this. I haven't driven a stick in 10 years, and even then I drove it only three or four times, so that would be a big change. I've wanted a GT500 for more years than I can remember, and I know I have a good chance here, but...ughhh. Any advice/opinions here?
10-11-2009, 12:49 AM
#4
2nd Gear Member
Join Date: Apr 2008
Location: Florida
Posts: 323
If they want 41k for a used GT500 then I wonder what my car is worth over there. I bought my GT500 brand new, fully loaded, for 42k. There's no way I'd pay 41k for a used one. You will not regret a GT500. It is truly an amazing car. The 2010's are even better.
10-11-2009, 06:12 PM
#6
2nd Gear Member
Join Date: Apr 2008
Location: Florida
Posts: 323
10-28-2009, 08:23 PM
#8
2nd Gear Member
Join Date: Oct 2009
Location: Ontario
Posts: 238
I check with my company last year when I was in the same boat, and it would have cost just about the same.
Cheers.
10-29-2009, 09:58 AM
#9
the price you mentioned is right about where me and a fellow club member bought both of our Convertible GT500's several months ago....I'm seeing GT500 Coupes for $36K-$39 in alot of different places.
...and as far as insurance rates go, I understand there are a few factors that drive everything, but me going from my old 2005 Mustang GT to a new 2008 GT500 Convertible cost me only $12 additional dollars a month to my policy...
...and as far as insurance rates go, I understand there are a few factors that drive everything, but me going from my old 2005 Mustang GT to a new 2008 GT500 Convertible cost me only $12 additional dollars a month to my policy...
10-30-2009, 02:50 AM
#10
1st Gear Member
Thread Starter
Join Date: Aug 2009
Location: Tennessee
Posts: 54
The insurance alone isn't the problem, its the insurance + the gap between trade value on my GT and what they want for theirs that is the issue really.
The car went another full week on ebay (that I saw) and it didn't hit the reserve price, so its still sitting on the lot. When I was there, the guy told me they had "tons of offers" to end the sale around 38-39 but they apparently rejected all of them. I'd hate to see this thing just sit and sit there because they want too much
The car went another full week on ebay (that I saw) and it didn't hit the reserve price, so its still sitting on the lot. When I was there, the guy told me they had "tons of offers" to end the sale around 38-39 but they apparently rejected all of them. I'd hate to see this thing just sit and sit there because they want too much