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

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.
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.
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Find me at kirstie_h@edmunds.com - or send a private message by clicking on my name.
2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
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"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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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.
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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Find me at kirstie_h@edmunds.com - or send a private message by clicking on my name.
2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
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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.
@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.
jmonroe
'18 Legacy Limited with 3.6R (Mrs. j's)
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.
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
MODERATOR /ADMINISTRATOR
Find me at kirstie_h@edmunds.com - or send a private message by clicking on my name.
2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
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Your a good mom.
jmonroe
'18 Legacy Limited with 3.6R (Mrs. j's)
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?
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
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.
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Find me at kirstie_h@edmunds.com - or send a private message by clicking on my name.
2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
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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.
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.
MODERATOR /ADMINISTRATOR
Find me at kirstie_h@edmunds.com - or send a private message by clicking on my name.
2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
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MODERATOR /ADMINISTRATOR
Find me at kirstie_h@edmunds.com - or send a private message by clicking on my name.
2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
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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
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.
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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.
I’m still at that $8k number if it is clean and no issues.
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
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.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
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?
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.
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S