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Ford Mustang Prices Paid and Buying Experience

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Comments

  • mschmalmschmal Posts: 1,757
    16.5 is way under invoice and there is only a 500 rebate on 07s.

    would have to be an 06, there is 2k in rebates on a 06.

    Oh and if you found a dealer that had more than one or two to pick from, you probably don't want to buy from that dealer.

    Mark.
  • riposteriposte Posts: 160
    "Oh and if you found a dealer that had more than one or two to pick from, you probably don't want to buy from that dealer. "

    :surprise:
    I can't think of a single reason why the above statement would be true...but I'm always willing to learn.

    Please explain.
  • mschmalmschmal Posts: 1,757
    Most dealers in the NY/Boston region are out of 06 Mustangs since August.

    If you see a dealer that has alot of these on the lot, there may be a reason why no one is buying from that dealer.

    Out of the 300 dealers closest to me, no dealer is showing more than 6 06 Mustangs of all kinds in their inventory.

    Mark.
  • mschmalmschmal Posts: 1,757
    Most dealers in the NY/Boston region are out of 06 Mustangs since August.

    If you see a dealer that has alot of these on the lot, there may be a reason why no one is buying from that dealer.

    Out of the 300 dealers closest to me, no dealer is showing more than 6 06 Mustangs of all kinds in their inventory.

    If it is an 06, it mostly has been sitting on a lot for 6 months or more.

    Do you really want to purchase as new a vehicle that was sitting on someones lot that long?

    Mark.
  • riposteriposte Posts: 160
    Mark -

    Re: "Do you really want to purchase as new a vehicle that was sitting on someones lot that long?"

    That's a different question than buying a leftover car from a particular dealer, don't you agree?

    In the end, the dealer is merely a conduit through which you purchase the car. Post-sale, it just doesn't matter what dealer sold it, since it's backed by the manufacturer, not a particular dealer.

    All IMHO.
  • and begin accepting 08 orders?? I am considering either a premium GT Convertible or possibly a 08' Shelby, I wonder outloud what kind of production numbers they will produce in 08', anyway......thanks for reading and I hope someone knows the dates.
  • I went shopping the day before Thanksgiving and test drove a 2007 V6 Mustang. I went buying the day after Thanksgiving and test drove a 2006 GT. Bought the GT for the wife's 50th Bday. The MSRP was $28,875 for the GT Premium with Auto Trans, Interior Upgrade, and Front Seat Side Air Bags. I paid the price that the car was advertised in the newspaper for, $20,488 plus tax and license from Ken Grody Ford of Buena Park, California. Great experience until I got to the Finance office. Make sure that you know what you want and don't ever be afraid to tell them NO when they try to up-sell you on all of the extras.

    Kevin
  • This is by far the best discounted price for a new 2006 GT Premium Mustang that I have seen. Was the dealer still including the extended warranty like they were in August? Hopefully, you got a color that your wife liked. You are right regarding the pressure to buy over priced dealer add-ons like an alarm system or not competitive interest rate financing. I know it is hard to buy an advertised special as they are usually gone by the time you get there. Watch the newspaper ads to see if the dealer continues to advertise this particular stock number/price for a week or more.
  • Yes, the extended warranty, 5 years 60000 miles for the drivetrain, was included. The Silver Clearcoat Metalic was exactly the color that she had picked out. I did check the next weeks ad and they did not list this VIN in the new ad. I think that buying it so late in the year was the reason for the big discount. There was dealer cash and FMCC cash. I refused to add the paint and carpet protection and the security VIN etching. I did, however, buy the additional ESP extended warranty coverage for 6 year 75000 mile bumper to bumper coverage. It is an extra that is worth the expenditure for the peace of mind. Who can work on their own car now-a-days?

    Kevin :shades:
  • I just built and paid 24,750 for a 2007 v6 convertible with all the creature comforts.

    i was curious about the heated seats? do they make a difference? i've never owned a car with them, but when i talk to people with them, they all recommend it, especially with leather seats.

    any suggestions if i should keep them or not?
  • rowlandjrowlandj Posts: 254
    Regarding heated seats. I am in NY so it's only a few months of the year I use them, but I would not own a car without them ever again. It's hard to explain, but once you have them they will be mandatory from then on.

    JR
  • gzgtpgzgtp Posts: 83
    I had them, now I don't and I don't miss them. I wouldln't pay extra for them. Depends are where you live I guess.
  • Saw a Ford TV ad for the Mustang GT ... $2500 off MSRP (if you can believe what you see on TV) :shades:
  • The Houston, TX area is very willing to let v6 Mustangs go for very low prices. I'd rather not state exact numbers since it could hurt the integrity of my company.

    Zachary Cam
  • HI all. I want to purchase a TorchRed GT/CS sometime between Now and May5th (my wifes birthday), .. so I have some months to look for the best deal. Now, Ford has $1000 rebate, ... and my question is, does anyone know what "deals" might be coming from Ford between now and May? (ie should I buy NOW? or wait a while?)

    Also, .. I'll have an X-Plan to use when buying, but would like to know which "ways" the finance office will try and add money to the "deal", so I can be ready. Or maybe there's a website that discusses this?

    thanks in advance for your replies! Happy Holidays!
    Legion
  • cccompsoncccompson Posts: 2,388
    You'll have to wait longer than May if you want a Torch Red GT/CS since Ford does not offer that combination during the 2007 model year.
  • Really? :( I can't even imagine why they wouldn't ofer tat combo.

    Legion
  • cccompsoncccompson Posts: 2,388
    If you want an '07 California Special, it'll have to be Vista Blue, Performance White, Black, or Redfire.
  • akirbyakirby Posts: 7,689
    Actually one of the benefits of using X plan is the dealer isn't allowed to add any fees of any kind, so you don't have to worry about that.

    Just say no to any dealer add-ons that they try to sell you (paint protection, etc.) because even if you wanted it you can get it cheaper elsewhere.

    As for financing, I always do my own through the credit union. I would arrange for your own financing ahead of time, then you can compare it to what the dealer is offering. You can take the Ford financing if it includes bonus cash, wait a couple of months and refinance it on your own.
  • What is the incentive for a dealer to honor an X Plan pricing?
  • mschmalmschmal Posts: 1,757
    Ford pays the dealer an X-plan commission. Its a different amount for each vehicle and allows the dealer to make a small profit on an X-plan sale.

    X-plan is the highest price the dealer can charge, NOT the lowest!

    If you try, you can probably get better than X-plan on some models...Explorers, F series, etc.

    Mark.
  • $2500 discount on GT is real. Newspaper ads are full of 'em. Consider yourself lucky if you're in the market. I paid MSRP Aug. '05 and was glad to do so! :shades:
  • Several Houston area Ford dealers are advertising 2007 GTs at $4000+ off MSRP. Ads for leftover 2006s have pretty much dried up.
  • Hello, I just love Mustangs and I am ready to get a 2007 GT/MT. My question is, what is the best time of the year to get one? does anyone know if right now there are any great deals or incentives?? I am in the NY Long Island area..also how can i get the X-plan? I do not have friends or family that work for ford...is this the only way to be able to get the x plan?? Thanks to all for all the very valuable info in here!
  • Well I've got a credit card that i'm trying to get paid off by Labor day so I can hit the sale i'm HOPING my local dealership (Future Ford of Clovis CA) will have. Last year they offered 0 percent interest for 72 months on $25,000 on all 2006 models starting the last week of AUG and running until Labor day. I'm hoping they will have this same sale this year for their 07 models.

    1st question--- Those of you that hit up the 0 percent interest offer last year, did they ask for a down payment and if so how much? I have great credit (somewhere around 770)but i'm hoping to get away without a down since all my extra money is going towards getting the credit card paid off.

    2nd question--- Here is what i'm looking for and you tell me if you think it can happen.
    2007 Premium 6cyl
    Automatic
    Interior upgrade package
    17" wheel upgrade
    Leather heated seats
    Anti theft system
    I'm looking to stay under $25,000 total with taxes (7.875) so that I can keep my payment around $350 a month. What do you guys think?
  • cccompsoncccompson Posts: 2,388
    They didn't need a down payment when I bought my '06 GT convertible during that event.

    However, the odds of Ford ever again running such a promotion are somewhere between slim and none. It was remarkable in two respects - 0% for 72 (not 60 months) for ANY credit tier, an unprecedented offer. And it did exactly what Ford wanted in clearing their lots of excess inventory.

    Sorry, can't help with prospective pricing.
  • Thanks for the reply. I figured it was a sale that they do every year to make room for their new inventory. Hopefully with my credit I can talk them into the same deal. The car salesmen in my area talk the talk and act like they can't budge on price when you first get there, but after they throw the first offer out and you say your going to shop around a little they start doing whatever they need to do to make a sale. I had a guy last year offer me the car for the weekend just to see if I liked it, even though I told him up front I wasn't buying I just wanted to see what I could get approved for.
  • i was wondering if any of you who have bought the 06 mustang GT have heard from your dealers. we bought ours in april of last year and today we recieved a letter from the dealer asking to buy it back, above MSRP.
  • bminerbminer Posts: 4
    Buy it back? or offer you msrp on trade-in?
  • mschmalmschmal Posts: 1,757
    There is a preowned 06 Mustang GT on my lot going for $25.9k its stick with 2,000 miles. this isn't an attempt to solicite.
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