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Ford Mustang Prices Paid and Buying Experience

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  • explorerx4explorerx4 Central CTPosts: 9,616
    the 'ford store' where we got the escape serviced has a 'gt' in 'grabber orange' on a pedestal out front. imo, it really needs some black stripes to tone it down. it looks like something a kid would color with a crayola.
  • pony_piratepony_pirate Posts: 317
    a sucker is born every minute, viz, 18" wheels. :shades:
  • bama12bama12 Posts: 17
    Premium Package
    Torch Red w/Charcoal Lthr Int
    Shaker 500 Sound System
    5-Speed Manual Trans
    Side Airbags
    Security System
    18" Bullet Wheels
    Interior Upgrade Package
    MSRP $29050
    Invoice $26975
    Paid $27245 + TT&L

    Not too shabby says I...
    image
  • explorerx4explorerx4 Central CTPosts: 9,616
    amazingly, i saw one(grabber orange) the next day on the road. could be the same one, although it was about 20 miles away.
  • jschmiidtjschmiidt Posts: 10
    bama12,

    Congratulations! As a recent buyer myself (see recent posts), I know how excited you feel. Here in the Tampa Bay area you could have gotten for maybe $500 below invoice for an '06 leftover, but it all depends on the local market. Seems to me you did good!

    At any rate, don't even stop to think you could have maybe gotten a better deal. You're happy right? Don't you just love going through those gears?

    She is a beauty! I've got the same wheels and get compliments on them all the time. Just be careful... especially with that color. They always say the cops love to get the red ones, and it's hard not to let these ponies gallop every once in a while.

    Keep us posted on the other forum as to how this baby works out for you and if you plan on making any modifications. The only thing I'm planning to do is add Flowmasters this coming weekend, and maybe a cold air induction at some point down the road.

    Good luck!
  • bama12bama12 Posts: 17
    jschmiidt- Thanks for the kind words. Yours is awesome as well. It's really hard to go wrong with a color for this car. And I do love the wheels. It's been a blast so far. I plan to add cold air induction, and I'd like to lower it a little as well. Let the mods begin!
  • peterj6peterj6 Posts: 4
    I guess that explains why my wife fell in love with the one at our local dealer. She teaches 3-4 year old special needs kids. You really think the tape stripe would tone it down? I'm drawing the line on the hood scoop though. Wish I could talk her into the alloy gray, that is slick.
  • rsmith5rsmith5 Posts: 9
    My daughter bought a new, end of year, 06 GT Premium today at Champion Ford in Katy, TX (about 20 miles west of Houston) with automatic ($995), polished alloy wheels ($195) and interior upgrade package ($460), black/black which comes standard with black leather sport buckets seats with power driver's seat and the Shaker 500 stereo with CD and MP3 connection. It had 32 test drive miles on it and a May 2006 build date. The MSRP with destination charge was $28,690. It was advertised in today's Houston Chronicle at $6,500 off MSRP -- including $1500 rebate. Believe it or not, the dealer had it and sold it for that price, $22,190 plus tax, title and license. He had it washed and filled it with a full tank of gas at no additional cost. It had the VIN number etched on the windows, but she declined the offer for some kind of coverage when in finance, so no additional charge. She bought no additional services or packages whatsoever. She did not have a trade-in. She paid by check in full, so nothing more for financing. It was a little over 72 miles from our house to this dealer. This also means that the local Conroe Ford dealer (who wasn't willing to seriously negotiate on a V6 Deluxe she was considering) will get to do the servicing unless something really scary happens that would justify going that far. The sales person was very nice too. A truly no hassle transaction. This was a pleasant experience. She is very happy.
  • cccompsoncccompson Posts: 2,388
    Your daughter got a truly fantastic deal. Supposedly, there is another $1000 manufacturer to dealer incentive on automatics. Still, even adding that to the $1500 rebate, she got all of the holdback and then some. Did they have a bunch of '06s still around? Or, maybe, black/black is not real popular around your area?
  • rsmith5rsmith5 Posts: 9
    Yes, I think she got as good a deal as any available in the Houston area at this time with this equipment. The dealer's ad said, 'all 2006 GT automatics in-stock' were priced at $6500 off MSRP. I have found that FORD's link to the dealer's inventory is more accurate than the dealer's own website inventory listing. Go to www.ford.com, click on the FORD label, then click on 'check dealer inventory', then click on the MUSTANG logo, then enter the zipcode of the DEALER, in this case, 77450. You can see the MSRP, color, and some of the options (but not all). This path still shows 2 Redfire metallics, 1 Torch Red, 2 Tungsten grey, 1 more black, 2 Windveil blues that have automatic (besides the black one that my daughter bought which has not been removed from the inventory listing yet). However, I don't know how many of the ones shown were also sold over this past weekend. The black/black was what my daughter wanted and it was the least expensive of the ones in stock. (All in-stock GTs were Premiums.)
  • cccompsoncccompson Posts: 2,388
    Yes, I looked at the inventory after I wrote my last post. After reading your last one, I emailed Champion Ford Katy asking about the reported offer and saying it would be worth my time to come down from Ohio and buy one at that price. The reply I received was:

    "We're not doing $6500 off Mustangs. Sorry I can't be of more help." And that was the entire message back to me!

    Interesting language - they don't deny that they did it, just that they are not, as of now, honoring it.

    Nevertheless, glad to hear it worked out for at least one person.
  • cccompsoncccompson Posts: 2,388
    Thanks. I was thinking of going down this Thursday but evidently it's not to be. Interestingly, Ford reportedly will be offering 0% financing ("Tent Event") from 8/10 through 14 on all models. Haven't confirmed this or further details yet.
  • rkelonrkelon Posts: 16
    I purchased an 06 GT from Waldorf Ford in MD, we had previously purchased an 04 Ram back in 04 from their Dodge store and we received an $ll.5K discount and we thought they were leading us in for the kill at the Ford store. This was not the case, they did not have the car we wanted so they went 120 miles to pickup the car we wanted, and only charged us invoice, plus we received the $1500 rebate. The people again were very polite and the finance guy discounted the rate 1% (already low) when I purchased the maintenance package. Plus they are getting my wife a fancy key chain for her new Mustang. I am impressed...again, it is hard to find consistent dealerships and I hope they continue to remember their customers.
  • rsmith5rsmith5 Posts: 9
    Glad to hear that you were also treated fairly and had a good experience at your local dealership. I think you did good. Why are we so shocked when this happens?
  • rkelonrkelon Posts: 16
    It is because I am constantly be bombarded with hidden transaction deception techniques. For example, attempts to add in freight twice, processing charges, dealer markup, undeserved interest rates...etc. Most car dealers have numerous scams to separate a customer from their money. This is part of the negative taste that is left in the consumer's mouth. Until recently (last 5-10 years), not only did the consumer not get a good deal, but the product was also not competitive. The U.S. auto makers need to focus on making every car in their line-up a hit, steal from the playbook of Toyota and Honda. If I purchased a foreign make I can at least blame it on them trying to ripoff the American consumer, but when I get ripped-off by my own people...it kind of hurts an I loose my loyalty. The dealers need to attempt to assist us, don't hard sell things we really don't need, i.e. extended warrenties...if the car is crap fix it. Don't up-sell someone in to something they can't afford. However, do sell maintenance plans (reasonably priced) and maybe discounted insurance for purchasers of your cars. Out source some internal stuff to AAA. Develop a policy of protecting your customers, but don't trash the other guy...it looks petty.
  • rsmith5rsmith5 Posts: 9
    Oh, THAT'S why we are shocked when someone has a good experience. We are shocked because it is so RARE.
  • rsmith5rsmith5 Posts: 9
    FYI, Champion Ford (Katy, TX) has their same, exact classified ad in the Houston Chronicle again this weekend, "all 2006 automatic GTs in stock, $6500 off the MSRP". However, I would be suspicious since the only stock number listed is the SAME one that my daughter bought LAST Saturday. Good luck.
  • cccompsoncccompson Posts: 2,388
    Thanks, although I do regard it with some suspicion I just called your guy. He was vague about the whole thing but did confirm your daughter's transaction. He'll "have to see" if discount applies to other units and is "not sure" how long it lasts. We'll see if he calls back with the details requested.

    More generally, I've been appalled at the internet practices of Ford stores with which I've contacted in the past couple of weeks here. My previous experience with other makes in this regard has been VERY positive and resulted in a number of purchases since 2000. For some reason, though, the Ford stores (with just a couple of exceptions) have been horrible, refusing even supply a requested price quote.

    At least here in Central Ohio the market for these cars has virtually collapsed with very few units selling since new incentives were announced at the beginning of the month.
  • rsmith5rsmith5 Posts: 9
    Well, their AD in today's paper says "now through Monday at Champion Ford Katy" at the top of the page. Let us know how they follow up. My guy DID follow-up with several returned phone calls before we ever drove to the dealership. Good luck.
  • Hi,

    I am looking to Buy a Mustang V6 Premium coupe in the New Jersey area. I am OK with a 2006 model. The options that I think I absolutely need are

    1) Automatic transmission
    2) Antilock brakes and traction control
    3) Exterior color: Black
    4) Leather seats

    I have a budget of around 20,000. Cant really go above it. Is this a good enough budget for getting the above options.

    Thanks in advance.
  • cccompsoncccompson Posts: 2,388
    Go to Ford's website and check dealer inventories in your area. You can see options, prices, and incentives. Figure your price, at maximum, as invoice minus incentives. Their "invoice" numbers include ad fees which you may well not be charged for - compare the numbers with those on this site.

    Also be sure to check to see what kind of financing Ford is offering - the interest rate can make a huge difference in payments.
  • rsmith5rsmith5 Posts: 9
    Your minimum requirements generate a MSRP (including destination) of about $23,275. I see ads in the Houston area advertising V6's at $5000 off MSRP. Adding TX sales tax of 6.25% plus title and tag should still get a 2006 out the door in this part of the country for slightly under $20,000. Follow the above post's suggestion to use Ford's view of your local dealer's 2006's inventory, find a black V6 premium with a MSRP of under $24,000 and click on 'get an internet price'. The 2006s will have at least the $1500 advantage over the 2007s due to the rebate. Add your local tax, title, license to see how close they can get before you go to the dealer. Refuse dealer installed options like a security system at an inflated price that can jack up the price. Know your financing alternatives at your credit union beforehand. Good luck.
  • rsmith5rsmith5 Posts: 9
    Bad experience at Gullo Ford in Conroe, TX. Yes, the mailed advertisement sounded too good to be true, but when I called and spoke to a salesman there and questioned the stated rebate of $3500, he said it was new and to come on in and they would get as close to the advertised deal as possible on another unit. I realize that the saleman did not write the ad, but he could check it out instead of using it to get me in the door. His manager was no better saying the referenced stock number was a pickup. This was another example of why you should insist on a stock number that you can verify with Ford's inventory of what is supposed to be in stock before you go to Gullo Ford Conroe. Fool me once....
  • cccompsoncccompson Posts: 2,388
    The Champion Ford salesguy was supposed to call me yesterday but I have yet to hear from him and, apparently, won't - no real surprise. Fortunately, I've found someone local who seems good.
  • rsmith5rsmith5 Posts: 9
    Thanks for the update. I will remember that when we get his survey.
  • So, Unfortunatly im being rushed into getting my mustang since the color I want is discontinued. But I still found one that I like.

    I am getting it from fritts ford in Riverside Ca.

    2007 Ford Mustang
    V6 Premium 2dr Coupe (4.0L 6cyl 5M)
    What Others
    Are Paying

    MSRP Invoice
    National Base Price
    A note about advertising fees $20,175 $18,737 $19,360
    Regional Adjustment
    for Zip Code Change - - $240
    Optional Equipment $3,160 $2,750 $2,996
    44L 5-Speed Automatic Transmission $995 $866 $943
    552 Anti-Lock Braking System w/Traction Control $775 $674 $735
    54P V6 Pony Package $750 $653 $711
    18M Sport Appearance Package w/Color Accent (Automatic) $345 $300 $327
    54V Exterior Sport Appearance Package $295 $257 $280
    Color Adjustment - - $0
    Not Sure
    Destination Charge $745 $745 $745
    Total with Options $24,080 $22,232 $23,341

    ^^^ options using TMV.

    I am paying 23,725 + Fees which also include a fee because Im having to get the car sent in from another dealership in beverly hills.

    Sound about right?

    :confuse: :confuse:
  • cccompsoncccompson Posts: 2,388
    I started out to buy a stick shift coupe but Ford's current zero interest promotion caused their supply to quickly shrink and my dealer was unable to trade for one.

    This week the search ended with the purchase of an '06 GT convertible. Here's the numbers:

    MSRP - $35,030 (Torch Red with Parchment interior and top and equipped with automatic, side air bags, IUP, alarm, boot cover, and 18 inch polished wheels).

    Purchase price - $32,530 plus $250 doc fee. Included were several accessories (all weather mats, chrome exhaust tips, '07 plenum cover, and touch up paint) worth about $250. Took the zero percent financing in lieu of the $1500 rebate.

    Quotes from three Ohio dealers were close (low was $32,321 and high was $32,530). However the highest price was way more than offset by a higher trade allowance and the actual bottom line difference was about $850.

    I would not hesitate to recommend the selling dealer - Dick Masheter Ford in Columbus - to anyone. They believe in no bull and no pressure and were truly delightful to buy from.
  • baggs32baggs32 Posts: 3,210
    I bought a 2006 Redfire GT Premium on 8/24, the first day of the 0%. Wow! What an awesome car!

    Black leather interior
    IUP - satin silver
    18" "Fanblade" wheels
    Shaker1000
    Side air bags
    Wheel locks
    Active alarm system
    Manual transmission

    Sticker - $30,345
    X-Plan price - $28,064

    $411 per month after 0% for 72 months and TTL (no other fees are charged with X-Plan).

    I originally planned on ordering an '07 in March but this deal saved me about $140 per month assuming Ford doesn't offer 0% or some large rebate on an '07 Mustang in March. I highly doubt that will happen. Plus I got a couple of options I wouldn't have ordered due to price so I'm a very, very happy new Mustang owner! It's my first one and I've been waiting a long, long time for it. :D
  • paid $400 over invoice on the first day of the 0.0 promotion. Vista Blue with charcoal leather interior, included top boot, chrome tips, side bags, security system and 18 inch alloys. I too had planned on ordering an 07 as I had three dealers that would order one for me at invoice price but the financing tipped me back to the 06. It feels so nice to be back into a car with some muscle and attitude again after too many years driving SUV's !
  • Here in MA, I've seen base stangs for $16.5k or less. They're asking more for Civics!! That's an amazing deal. :blush:
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