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Ford Mustang Prices Paid and Buying Experience

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Comments

  • 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: 3,209
    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:
  • 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?
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