V6 S197 General Discussion This section is for technical discussions pertaining specifically to the V6 variation of the 2005 and newer Ford Mustang.

Depreciation?

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Old Oct 13, 2007 | 11:04 PM
  #11  
legendlime05's Avatar
legendlime05
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From: iowa
Default RE: Depreciation?

i love the ll color....i guess its all in what you like
Old Oct 13, 2007 | 11:55 PM
  #12  
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68XR7
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Default RE: Depreciation?

It's not th color that depresses me. It's the price. The resale value of our cars appears to be dropping faster than a bag of hammers!
Old Oct 14, 2007 | 12:34 AM
  #13  
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outastockjohn
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Default RE: Depreciation?

we had a 06 vert v6 deluxe no bells or anything that i have, come into the shop. we repainted the rear bumper for a car lot deal.it had 17k miles on it and the price was at 21k. thats more than i payed for mine with the pony pack. so they cant be dropping that fast.
Old Oct 14, 2007 | 08:44 AM
  #14  
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Default RE: Depreciation?

1 other thing, apparently it's FWD, and not many people looking for a mustang probably want FWD....[sm=smiley36.gif]
Probably not, especially since there is no such thing as a 2005 FWD mustang. This HAS to be a misprint on the sellers part, and I cant beleive anyone would actually beleive there is a FWD mustang.

Old Oct 14, 2007 | 09:26 AM
  #15  
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Default RE: Depreciation?

ORIGINAL: Wickerbill

1 other thing, apparently it's FWD, and not many people looking for a mustang probably want FWD....[sm=smiley36.gif]
Probably not, especially since there is no such thing as a 2005 FWD mustang. This HAS to be a misprint on the sellers part, and I cant beleive anyone would actually beleive there is a FWD mustang.

Yeah, it's bad enough we don't have an lsd from the factory. There is no way they could make a FWD model. LOL! That would be funny thoug, Front Wheel Burnouts!
Old Oct 14, 2007 | 11:55 AM
  #16  
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VictoriaRR
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From: OC, California
Default RE: Depreciation?

I was looking into trading in for a GT last January, and they were only going to give me $14k. That's with the Pony Package and all the extras mine has. Apparently they only go by acution value, not KBB or anything else.

As you might imagine, I said 'f*ck that!'
Old Oct 14, 2007 | 12:01 PM
  #17  
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laserred02
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From: IL
Default RE: Depreciation?

ORIGINAL: Wickerbill

1 other thing, apparently it's FWD, and not many people looking for a mustang probably want FWD....[sm=smiley36.gif]
Probably not, especially since there is no such thing as a 2005 FWD mustang. This HAS to be a misprint on the sellers part, and I cant beleive anyone would actually beleive there is a FWD mustang.

obviously it is a missprint, i was joking...haha
Old Oct 14, 2007 | 12:55 PM
  #18  
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emconn
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Default RE: Depreciation?

Ive traded in a few vehicle and they most definitely go by kbb. They will try not giving you that much cause dealers are crooks. How could they go by auction. They dont know how much there goin to get for it at an auction until they get it there and sell it.
Old Oct 14, 2007 | 01:03 PM
  #19  
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Wickerbill
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Default RE: Depreciation?

I was also told that if I were to trade in a vehicle that they dont give book value but rather auction price. The dealers go to auction many times a week so they can pretty much get to within a few hundred dollars of what a vehicle will bring at auction.
Old Oct 14, 2007 | 02:45 PM
  #20  
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ArcticFrog
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Default RE: Depreciation?

When I bought my stang (Aug 2006) I was getting rid of a 2001 Expedition with 53K miles on it (my vehicles always have way below average mileage...just the way it is for me) and in excellent condition withno accidents orbody work of any kind ever done on it. KBB on it was $11.5-12K if I remember right. The dealership wouldn't give me a dime over $10K so I told them no deal. They called me 3 days later to up their offer to $10.5K and I still said no. I listed it on autotrader.com and got $13.5K for it within 10 days so I rubbed their noses in it when I finally let them go do a dealer search again to find the car I wanted (the ones they'd found already were gone by the time I was ready to buy).

I don't think I've EVER traded in a vehicle to a dealership for another one....they ALWAYS try to screw you. It's more of a PITA to sell it yourself but what you make over what the stupid dealership gives you more than makes up for your trouble.



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