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Old 03-21-2005, 05:11 PM   #1
plunk10
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Default 2005 Mustang GT Convertible. Are these in high demand or what?

I'm trying to help my boss purchase the 05 Mustang GT convertible which he has been looking forward to for years. Of course I'm suggesting that he wait a couple months until the initial demand is out of the way, but he's looking sooner than later.

The first quote I get is about $1500 under sticker. The salesman calls back an hour later saying $500 OVER msrp

Every other dealer I call is saying anywhere from $1K over sticker to $5K over sticker

What is so great about these cars that puts them in such a high demand bracket?
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Old 03-21-2005, 05:12 PM   #2
FunkerVogt
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Default

IBdomesticbashing

<----badly wants a black 2005 Mustang GT
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Old 03-21-2005, 05:13 PM   #3
Hypernoodle
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For the first time in a long time, Mustangs actually look good.
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Old 03-21-2005, 05:15 PM   #4
plunk10
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Default

Quote:
Originally Posted by hypernoodle
For the first time in a long time, Mustangs actually look good.
true. their new look is a nice improvement. Perhaps this car is selling based on looks alone.
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Old 03-21-2005, 05:16 PM   #5
Hailwood
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They are a novelty car that is just starting to become available and are marketed primarily to nostalgic baby boomers with disposable income.

Two years from now when Ford has produced approximately one trillion of them, dealers will be begging people to take them.
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Old 03-21-2005, 05:17 PM   #6
SC-WReX
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Simple supply and demand, and that can be an individual dealer issue as well. Hell, people are selling used .:Rs with more miles on them than mine for more than I paid for it new 9 months ago.
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Old 03-21-2005, 05:20 PM   #7
plunk10
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Default

Quote:
Originally Posted by Hailwood
Two years from now when Ford has produced approximately one trillion of them, dealers will be begging people to take them.
a la teh T-bird.

70 percent increase to 192,000 mustang units in 2005
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Old 03-21-2005, 05:21 PM   #8
Hawkeye
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I think the covertibles just came out.

The hardtops are sitting at dealers here.
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Old 03-21-2005, 05:24 PM   #9
AC Lerok
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Quote:
Originally Posted by SC-WReX
.:Rs
ANNOYING. quit it. that's even worse than //M.
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Old 03-21-2005, 05:27 PM   #10
SC-WReX
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.:R32
.:R32
.:R32
.:R32
.:R32



Did I mention my car has appreciated in value? I did? Oh, sorry.
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Old 03-21-2005, 05:29 PM   #11
AC Lerok
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Quote:
Originally Posted by SC-WReX
.:R32
.:R32
.:R32
.:R32
.:R32



Did I mention my car has appreciated in value? I did? Oh, sorry.
dude, i'm really proud of you. really. i am. i totally care. honest.
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Old 03-21-2005, 05:31 PM   #12
wrxtremeWGN
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they have to give you some incentive to drive a POS.
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Old 03-21-2005, 05:31 PM   #13
SC-WReX
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Quote:
Originally Posted by AC Lerok
dude, i'm really proud of you. really. i am. i totally care. honest.

Thanks so much. I dig your affirmation. Honest.
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Old 03-21-2005, 05:33 PM   #14
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Quote:
Originally Posted by SC-WReX
Did I mention my car has appreciated in value?
I don't believe you. I'd like to be enlightened. Got some proof / links / etc ?
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Old 03-21-2005, 05:34 PM   #15
AC Lerok
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Quote:
Originally Posted by SC-WReX
Thanks so much. I dig your affirmation. Honest.
into jam bands *strike 1*
lawyer *strike 2*
smug about his car's value? who DOES that? *strike 3*
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Old 03-21-2005, 05:34 PM   #16
ForceFed4
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New Mustang is quite nice, though I'd go for a coupe. Actually, I'd wait to see the SVT version. IRS is a good thing, it being 2005 and all. Current GT is still just about the cheapest way into 300hp w/ a new-car warranty though.

Oh, and on another note: "R32" is reserved for exactly one high performance car in the world, and here's a little secret: It ain't no VW... bah
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Old 03-21-2005, 05:35 PM   #17
FaastLegacy
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I'd be really surprised if R32s have appreciated nation wide. Maybe in SoCal, but not in other parts of the states.
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Old 03-21-2005, 05:36 PM   #18
Fish
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it's the new PT cruiser.
wait a few months and people who paid too much and don't want the increased payments over what everyone else is paying, they'll sell
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Old 03-21-2005, 05:38 PM   #19
SC-WReX
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Quote:
Originally Posted by AC Lerok
into jam bands *strike 1*
lawyer *strike 2*
smug about his car's value? who DOES that? *strike 3*
Oh well. Cant win 'em all.

We're talking cars and effects of demand. Plus, I got TONS of **** on here about how all VWs suck and I made a horrible decision not getting the Leg GT. I think I can mention it, geez.
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Old 03-21-2005, 05:40 PM   #20
SC-WReX
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Quote:
Originally Posted by KD7000
I don't believe you. I'd like to be enlightened. Got some proof / links / etc ?
http://www.autotrader.com/fyc/vdp.js...p=y&cardist=10

Quote:
Originally Posted by FaastLegacy
I'd be really surprised if R32s have appreciated nation wide. Maybe in SoCal, but not in other parts of the states.
Partly true, it is mostly a socal thing, and I dont mean to overstate it (well maybe a little ). Many used Rs have sold privately for less than that. And my evidence is purely anecdotal from seeing reports on the 'tex. Depends on the seller, some are starting to sit on them at a certain price.
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Old 03-21-2005, 05:43 PM   #21
AC Lerok
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Quote:
Originally Posted by SC-WReX
Oh well. Cant win 'em all.

We're talking cars and effects of demand. Plus, I got TONS of **** on here about how all VWs suck and I made a horrible decision not getting the Leg GT. I think I can mention it, geez.
dude, the only problem i really have is the .:r thang. i was just giving you the standard VW owner OT treatment otherwise, which comes from love.

and, unless you sell yours, what something is "worth" is kinda meaningless, ya know? it ain't about what you ask for, it's about what you get. are the .:R (see what you did?) sellers actually GETTING over-MSRP prices for their rides?
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Old 03-21-2005, 05:44 PM   #22
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Yeah, I did a quick search on autotrader and cars.com. Your link is to a high-price dealer car, and doesn't tell me anything.

I don't know what you paid for your VW; it's quite possible that you might be able to re-sell it for minimal loss, or even maybe break even. But to say that your car value appreciated would indicate you could sell it for a profit- an actual net gain for you.

I would simply be astounded if this was true. I suppose, with a limited run of 2500 (?) anything is possible.

-Brian
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Old 03-21-2005, 05:46 PM   #23
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With all due respect, a dealer charging more than invoice for a used car is not unusual. It's holding its value decently for the moment, though.

There's a couple examples with similar miles on ebay with buy-it-nows in the mid-$20s. http://search.ebay.com/r32-2004_W0QQ...dsreturnedZ300
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Old 03-21-2005, 05:48 PM   #24
AC Lerok
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again . . . asking and getting are two different animals. if the market won't bear these prices, then the price will come down, high demand or not.
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Old 03-21-2005, 05:49 PM   #25
bobturismo
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Ther reasons why people buy buttstains.

1. Looks, flat out looks. Alot of buttstain drivers think they have the baddest looking car in the world.

2. Attention, that is given by having the newest, most recent ruststain on the street. "LOOK AT ME!! I have a NEW BUTTSTAIN!!"

3. It's a FORD, people buy it simply becasue it is a FORD, if plymouth made the car then half the people would buy it. Part of the Mustang "Lengend", everyone has grown up around the buttstain, they've seen their buddies or neighbors and have grown up "dreaming" of owning the "BUTTSTAIN!!"

4. Buttstain buyers don't look at "Consumer reports" or "Crash ratings" or

or "Reliability records" or "future value" or "Recalls" or "cost of ownership" or "performance numbers" or "braking distance" or ...

5. It "feels" fast, Ford has mastered the art of making a car feel faster than it really is. I driven/ridden in so many mustangs that befall this phenomona. When raced against comparable vehicles that are faster, but don't give the feeling of "WARP SPEED"

6. It's quick in a straight line, nothing else. The '05 V6 I rented was quick, 4.0 V6 with a 5 spd Auto, it was always in the powerband. And the V8 must be a bit quicker. But the brakes suck and the car is general unstable. This has been a problem that FORDs have in general.


IT's the mystique of "OWNING A MUSTANG!!!!!"
*Angels chorus* AAAOOOOOOOOOHHHHH!!!!"
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