Assistance with 2014 Ford Mustang v6 auto Premium Convertible pricing 77k miles

NeedHelpRTitleNeedHelpRTitle Member Posts: 19
edited January 9 in Ford
There is a 2014 Mustang v6 auto Premium Convertible listed for $10,500 with 77k miles. Clean title, he's owned it since 2017, disclosed a rear end accident also in 2017 and that the car has been garage kept while in his possession.

Looks in good condition, but I stalked his facebook and these photos are all a couple years old so I'll have to see in person. He's got a lot of different cars so not his daily driver, he's put 40k miles on it over the past 7-8 years.

KBB has it between $9,100-$11,770. I think I can offer $9500 and probably get it, but what would you do? I would appreciate any insight you have.

Comments

  • Kirstie_HKirstie_H Administrator Posts: 11,255
    Model year?

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  • NeedHelpRTitleNeedHelpRTitle Member Posts: 19
    edited January 9
    Kirstie_H said:

    Model year?

    2014 Ford Mustang v6 auto Premium Convertible, sorry about forgetting that important part. I edited the post to include.
  • Kirstie_HKirstie_H Administrator Posts: 11,255
    edited January 9
    From your original post-
    "I'm not a car or speed person I just want a little comfort and a lot of longevity out of it."

    Please take this in the spirit that its meant: This vehicle is not THAT. If you're wanting to keep ownership costs reasonable, including insurance, and have a vehicle for which parts are readily available, you're likely looking in the Honda Civic/Accord, Toyota Corolla/Camry range.

    If I were looking for a low-priced vehicle that isn't necessarily glamorous, but that has a track record of reliability and positive ratings from consumers, I'd try to find a Toyota Matrix/Pontiac Vibe, but that's just my personal preference.

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  • NeedHelpRTitleNeedHelpRTitle Member Posts: 19
    edited January 9
    Kirstie_H said:

    From your original post-
    "I'm not a car or speed person I just want a little comfort and a lot of longevity out of it."

    Please take this in the spirit that its meant: This vehicle is not THAT. If you're wanting to keep ownership costs reasonable, including insurance, and have a vehicle for which parts are readily available, you're likely looking in the Honda Civic/Accord, Toyota Corolla/Camry range.

    If I were looking for a low-priced vehicle that isn't necessarily glamorous, but that has a track record of reliability and positive ratings from consumers, I'd try to find a Toyota Matrix/Pontiac Vibe, but that's just my personal preference.

    I would enjoy a convertible, I like how it looks, and the 2014 mustang engine seems reliable based on other's experience. I'm well off financially and can take care of it mom I swear, please?

    My other post was for a car to just have for transportation, this is for transportation and enjoyment. It's worth the extra trouble and money for the enjoyment aspect. I work from home and don't need to be out in bad weather.

    If I could have deleted the other post to keep this one on track I would have.
  • Kirstie_HKirstie_H Administrator Posts: 11,255
    Based on your new criteria, I'd say go for it. If you're just looking for a happy fun car, you only live once, and this doesn't sound like it has high potential to be an utter disaster, and the price is in line with what it should be (based on what we know about the vehicle thus far).

    Most of the people giving buying advice in this forum are certified members of our Chronic Car Buyers Anonymous group, and have purchased at least one fun vehicle kind of on a whim. If you like it, you can afford it, and the idea of driving it puts a smile on your face, It's not likely that anyone here will try to talk you out of it.

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  • graphicguygraphicguy Member Posts: 13,991
    What does the CarFax say about the "rear ender"?

    That motor is the venerable Durance V6 that Ford used for years. Not fast and it's course. But, miles are good.

    Personally, I'd take it to a mechanic who can put it on a rack and take a look underneath. That will show what the extent of the damage was and how it was repaired.

    If it checks out "OK", I'd offer $8,500 because it has been wrecked.
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  • jmonroe1jmonroe1 Member Posts: 8,748
    Kirstie_H said:

    Based on your new criteria, I'd say go for it. If you're just looking for a happy fun car, you only live once, and this doesn't sound like it has high potential to be an utter disaster, and the price is in line with what it should be (based on what we know about the vehicle thus far).

    Most of the people giving buying advice in this forum are certified members of our Chronic Car Buyers Anonymous group, and have purchased at least one fun vehicle kind of on a whim. If you like it, you can afford it, and the idea of driving it puts a smile on your face, It's not likely that anyone here will try to talk you out of it.

    ————————————————
    @Kirstie_H, why are you trying to mother your son who says he’s “well off financially”? He sounds like a grown boy who doesn’t need any help from momma trying to buy a car with a salvaged title, then wants a fun 10 year old used car.

    When I was young and “well off financially”, I bought new cars and only kept them for a few years because I didn’t want to deal with maintenance issues. Kinda like, out of warranty, out of my garage. I didn’t have to ask my mom if I was doing the right thing either. I’m all grown up now and still almost “well off financially”, I swear.

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  • qbrozenqbrozen Member Posts: 33,427

    @graphicguy said:
    What does the CarFax say about the "rear ender"?

    That motor is the venerable Durance V6 that Ford used for years. Not fast and it's course. But, miles are good.

    Personally, I'd take it to a mechanic who can put it on a rack and take a look underneath. That will show what the extent of the damage was and how it was repaired.

    If it checks out "OK", I'd offer $8,500 because it has been wrecked.

    2014 should be the 3.7 Cyclone. That came with about 300 hp, so they were no slouch, especially compared with the old 4.6 GT models.

    Would love to know more about the extent of that accident. That could make a massive difference in value. Assuming it was not structural, a bad carfax is a 20% hit.

    $10k would be top of the mark for a sparkling clean one, so figure $8k for this one, at the most. I’d try for $7k, personally.

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  • Kirstie_HKirstie_H Administrator Posts: 11,255
    jmonroe1 said:


    @Kirstie_H, why are you trying to mother your son who says he’s “well off financially”? He sounds like a grown boy who doesn’t need any help from momma trying to buy a car with a salvaged title, then wants a fun 10 year old used car.

    Maybe I did so because he's asking for advice? I dunno. I'm weird that way. In any case, I did suggest he just go for it. There's no substitute for fun, and as long as it's not gonna put him in a financial bind, the fun should be had.

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  • jmonroe1jmonroe1 Member Posts: 8,748
    Kirstie_H said:

    jmonroe1 said:


    @Kirstie_H, why are you trying to mother your son who says he’s “well off financially”? He sounds like a grown boy who doesn’t need any help from momma trying to buy a car with a salvaged title, then wants a fun 10 year old used car.


    Maybe I did so because he's asking for advice? I dunno. I'm weird that way. In any case, I did suggest he just go for it. There's no substitute for fun, and as long as it's not gonna put him in a financial bind, the fun should be had.
    ————————————————
    Your a good mom. o:)

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  • oldfarmer50oldfarmer50 Member Posts: 23,713
    Yep, Mustang ain’t no comfort car but it’s probably as reliable as any Ford can be. 3.7L had 305hp which can be zippy if paired with the proper rear end (that’s one thing I would check for, 3:73 being best). Of course 2014 still had the solid rear end so make of that what you will.

    I agree with everything graphicguy said, especially getting a good inspection of the damage repair. qbrozen is an expert on car prices so I would trust his opinion. Of course there’s no guarantee that you will get the car for a fair price these days.

    You mention that the seller “has a lot of cars”. Are you sure he’s not a flipper?

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  • NeedHelpRTitleNeedHelpRTitle Member Posts: 19
    edited January 10

    You mention that the seller “has a lot of cars”. Are you sure he’s not a flipper?

    No he hasa couple motorcycles personal use, a jeep, and whatever else. This car he's had since 2017.

    I agree with everything graphicguy said, especially getting a good inspection of the damage repair. qbrozen is an expert on car prices so I would trust his opinion. Of course there’s no guarantee that you will get the car for a fair price these days.

    Thank you, I will go with these guys recommendations and offer for the car based on their guidance. I'd be thrilled to get it for $7,000-$8,500. The car looks subjectively good to me and I like the year of it, memories seeing people always driving these on the military bases when I was in 2010-2014.
  • NeedHelpRTitleNeedHelpRTitle Member Posts: 19
    edited January 10
    jmonroe1 said:

    trying to buy a car with a salvaged title, then wants a fun 10 year old used car.

    When I was young and “well off financially”, I bought new cars and only kept them for a few years because I didn’t want to deal with maintenance issues. Kinda like, out of warranty, out of my garage. I didn’t have to ask my mom if I was doing the right thing either. I’m all grown up now and still almost “well off financially”, I swear.

    jmonroe

    It was a reconstructed title bra, not salvage. My last car was new, starter went after 4 years cost me over 1k, someone keyed me hard, two people hit me when I was parked, and shockingly after 5 years it wasn't new anymore. My first car was an r-title and nothing ever bothered me with it like getting keyed or having a guy fall asleep and hit me. I want the peace of not driving 30k around again.

    Calling a stranger's finances into question and talking yourself up, the used car forum is a great place to feel like a big fish. I'm cheap because I'm not trying to impress you with my car.
  • Kirstie_HKirstie_H Administrator Posts: 11,255

    Calling a stranger's finances into question and talking yourself up, the used car forum is a great place to feel like a big fish. I'm cheap because I'm not trying to impress you with my car.

    Don't mind jmonroe. He's been here since our forums were powered by pterodactyls, and was mostly commenting to give me grief over "momming" you.

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  • NeedHelpRTitleNeedHelpRTitle Member Posts: 19
    Kirstie_H said:



    There's no substitute for fun, and as long as it's not gonna put him in a financial bind, the fun should be had.

    I'm 32 so if I don't get the convertible now I'll be grey driving the next car. I said I wasn't a car person because I don't ever want to race or modify or impress anyone, but I've always liked mustangs, but we have winters here and before I wasn't working from home so it wasn't the responsible decision.

    I'd never want to drop 32k on one of these and wreck it in the rain, or have that guy fall asleep/drug nod off again and hit me at the red light. Uninsured driver hit me too backing up. Some college kid keyed my last car so deep, I don't have the patience to drive a new car and never did.

    I know the woes of used car maintenance but I don't put a lot of miles on cars so I think it is probably better for me than trading out new ones every couple years because that worked out to $1500 per year depreciation on my last car over 9 years and I can probably beat or match that price used even with the maintenance costs.
  • NeedHelpRTitleNeedHelpRTitle Member Posts: 19
    edited January 10
    Kirstie_H said:


    Don't mind jmonroe. He's been here since our forums were powered by pterodactyls, and was mostly commenting to give me grief over "momming" you.

    Lol, I think his entire comment was sarcasm directed at me and not at you at all.

    My first car was r-titled 05 Chevy Malibu and ended up costing me less in maintenance than my new 2014 Honda Accord did, so I'm really disoriented to the car market (R-title bad, Honda good) and appreciate all of yours and everyone's advice, thank you.
  • Kirstie_HKirstie_H Administrator Posts: 11,255
    edited January 10

    I know the woes of used car maintenance but I don't put a lot of miles on cars so I think it is probably better for me than trading out new ones every couple years because that worked out to $1500 per year depreciation on my last car over 9 years and I can probably beat or match that price used even with the maintenance costs.

    And it's also FUN. A few years back, I bought a 1998 VW Cabrio for a few thousand on an absolute whim. It was a second car, and I work from home as well (thanks, Edmunds!), so I didn't mile it up. I put a new washer fluid pump in myself for about $15 and a new battery, and kept it for 5 years with no additional cost incurred. I ended up giving it away to a friend who desperately needed a car, only because it had a parasitic battery drain that I never could track down, and would die if I didn't drive it every 2 days, which I just didn't do. Some days I wish I had it back, but I'm still intermittently on the hunt for a convertible.

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  • NeedHelpRTitleNeedHelpRTitle Member Posts: 19
    edited January 10
    Kirstie_H said:


    And it's also FUN. A few years back, I bought a 1998 VW Cabrio for a few thousand on an absolute whim. It was a second car, and I work from home as well (thanks, Edmunds!), so I didn't mile it up. I put a new washer fluid pump in myself for about $15 and a new battery, and kept it for 5 years with no additional cost incurred. I ended up giving it away to a friend who desperately needed a car, only because it had a parasitic battery drain that I never could track down, and would die if I didn't drive it every 2 days, which I just didn't do. Some days I wish I had it back, but I'm still intermittently on the hunt for a convertible

    That's an awesome little car I never saw before. Looks just like a mini-convertible sedan. Hope you find another convertible to enjoy again soon.

    I really don't like boring car maintenance and bills, but at least if the car is also fun and nice to look at I won't mind it as much. I always liked the idea of a motorcycle for the openness to the surroundings and not being in a box, I hope the convertible can be like that but more relaxing and safe.
  • Kirstie_HKirstie_H Administrator Posts: 11,255

    I always liked the idea of a motorcycle for the openness to the surroundings and not being in a box, I hope the convertible can be like that but more relaxing and safe.

    My other half has a Suzuki Hayabusa. Just looking at it in the garage makes me feel unrelaxed and unsafe. :D I'm sticking with drop-tops.

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  • oldfarmer50oldfarmer50 Member Posts: 23,713
    I'm 32 so if I don't get the convertible now I'll be grey driving the next car.”

    I was 63 when I got a Mustang and 66 when I got a convertible so it’s never too late.

    2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible

  • NeedHelpRTitleNeedHelpRTitle Member Posts: 19
    edited January 10


    I was 63 when I got a Mustang and 66 when I got a convertible so it’s never too late.

    I just want to do it now and not in 10 years. I don't care about the mid-life crisis car cliche, if I cared about the peanut gallery I wouldn't be getting the v6 automatic!
  • mjfloyd1mjfloyd1 Member Posts: 3,651
    edited January 10

    My first car was a Mustang and I still have a soft spot for them (well, at my age, I have a lot of soft spots🤣). If the price is reasonable and it check out on the pre-purchase inspection, then I’d go for it. I’d always have a used car checked out with a pre-purchase inspection.

  • kyfdxkyfdx Moderator Posts: 257,338
    My first new car was a Mustang (II). I mean, I liked it? Don't really have a soft spot for it, now. Truly horrible build quality, like most everything else in 1977. Having an 18-yr-old owner probably didn't help.

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  • NeedHelpRTitleNeedHelpRTitle Member Posts: 19
    edited January 16
    qbrozen said:

    2014 should be the 3.7 Cyclone. That came with about 300 hp, so they were no slouch, especially compared with the old 4.6 GT models.

    Would love to know more about the extent of that accident. That could make a massive difference in value. Assuming it was not structural, a bad carfax is a 20% hit.

    $10k would be top of the mark for a sparkling clean one, so figure $8k for this one, at the most. I’d try for $7k, personally.

    Hi qbrozen, I ran the Carfax report for this 2014 Ford Mustang V6 Premium Convertible, it says Accident reported 11/10/2017: minor damage with another motor vehicle.

    The bar graph that goes from minor to moderate to severe is about 20-25% filled in, so halfway there to moderate damage or a little less. There is no other information other than the generic description for minor damage: "Minor damage is usually cosmetic, including dents or scratches to the vehicle body."

    Every other box on the history report had a green check mark.

    Another note though is that the first 1 Year and 9 Months of the Vehicles life it was used as a rental vehicle, but no issues with it until it's one accident in 2017.

    The current owner bought the car on 11/6/17 and then shortly thereafter had the accident on 11/10, but no issues showing afterward. He had the vehicle serviced and inspection annually each year thereafter with regular break, oil, and tire servicing.

    I would greatly appreciate your expert opinion on what I should offer for this car.
  • qbrozenqbrozen Member Posts: 33,427

    I’m still at that $8k number if it is clean and no issues.

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  • NeedHelpRTitleNeedHelpRTitle Member Posts: 19
    qbrozen said:

    I’m still at that $8k number if it is clean and no issues.


    Thank you, I will contact the seller now and appreciate your guidance.
  • oldfarmer50oldfarmer50 Member Posts: 23,713
    I work for a rental car company and just know that sporty cars like that lead a rough life. At least they change the oil for the most part. Rental history usually would generally result in a lower value.

    2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible

  • NeedHelpRTitleNeedHelpRTitle Member Posts: 19
    edited January 16

    I work for a rental car company and just know that sporty cars like that lead a rough life. At least they change the oil for the most part. Rental history usually would generally result in a lower value.

    It was rented for the first 15k, then the next owner leased it for about another 15k. I was thinking the same thing, not a good first set of owners.

    3rd owner only put about 12k on it, in 2 1/2 years, then the 4th owner got it and wrecked it within his first 4 days. "Minor accident" just to the rear involving another car according to the carfax.

    With all this history, I'll offer the guy the 8k even though he's asking $10,500. I'm just worried he will come back with 9,500 or something and I'll just bail on it. It's a nice looking car, race red, black stripe on the side, but it's still 10 years old with a wacky history and 77k miles on it.

    Should I bring up it's status as a rental, a lease, and the accident, or would that just work against me? What's the right move here with a private seller?
  • qbrozenqbrozen Member Posts: 33,427

    Eh, it depends. I suggest being matter of fact. “I know it isn’t what you were hoping for, but due to the history and past accident, my offer is $8000.” If he balks, just be cordial about it and let him know to let you know if he changes his mind in the near future.

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