Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
Is that "Thud"erbird as in how the residuals have hit the floor with a big "thud" over the past year or so?
I know, no pun intended.
I think '05 is the last year for the 'Bird. That's a shame considering it was based othe the very good Jag/Lincoln platform. I drove one from a Hertz rental, and it wasn't a bad car. It wasn't a great car, either. Headroom was atrocious and it felt "loosy-goosy" on the road. A little more development time on the suspension and a sticker that was $7K less and they might have had a "hit" on their hands.
My guess is within the next 2 months, as production ramps up, you'll have plenty of Mustangs, in every color and configuration on dealer's lots. I would think that Ford will have to get into the "rebate" game with them in a few months, too. They've got a "hit" with the new Mustang and they'll be cranking them out as fast as they can with the typical overproduction that has been the hallmark of U.S. manufacturers.
This isn't a "limited production" car. The Mustang is a "volume" model.
As mentioned before, my sister is a Ford employee. She said Ford wants production to exceed demand of Mustangs to make up for the "duds" in their line-up. Ford has to keep the production plants "churning" to make a profit this year. With SUV sales tailing off, they have to produce what's hot to get in the black.
Look for $1,000-$2,000 rebates on the Mustang in short order if you're willing to wait.
I've already seen new Mustangs on Hertz's rental lots.
Suppoedly the factory is at full steam but there are some comodities limitations. You can only order the interior upgrade package on a GT for them moment.
Also to get the side air bags you must take the red leather interior.
My dealership has yet to have more than one 05 on the lot at a time or keep one for more than a week. Every one is paying sticker and X-Plan is not offered.
FMCC is giving the V6 a residual of 50% after 3 years and a little more fot the GT
Mark
So, from just one data point, I'd say they are going to flood the Hertz lots with them.
That said, I didn't see one GT rental. They were all V6 models.
More anecdotal evidence....at least in southern OH, there are two Ford dealerships within 10 miles of me. Both have at least 4-6 new Mustangs in front of their new car lot for sale all week..I've not looked at them closely, so I don't know if they're V6 or GT models.
Again, that's not to say the new Mustang is a bad product, just that Ford is going to be producing these in high numbers, including selling to fleet and rental companies.
When GM was still producing their LS-1 powered F-bodies, the one advantage these cars always had over the Mustangs was torque. The LS-1 was, and still is a torque monster. Personally, I think they were more fun to drive because of this. Ford could solve this problem by installing the 5.8 in the 'Stang. That's all I'll say about the new 'Stang, and you can go ahead and tell me what's wrong with my opinion.
fastest in the auto industry? interesting perspective. I guess you could say that since you can't get much faster than "less than 1 day," but it shares that spot with every new hot car of the moment that has been produced in all of automotive history. Rest assured, like I and others have said here, once Ford satisfies all those folks pounding down the dealership doors right now, sales will cool and inventory will start piling up.
Ford Five Hundred has 50% residual value in 3-years, just like Toyota & Honda
You mean to say the Ford 500 has a PROJECTED residual value of 50%. We'll see what really happens, but i just may keel over from shock if the car is really worth half its MSRP 3 years from now.
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
I don't think anyone who is buying the Mustang now should have any illusions as to its worth down the used road. The people who bought the first GTOs, the first PT Crusiers, the first Mini Coopers (although, those are holding their value pretty well) and paid MSRP or above should be surprised by their value (or lack thereof) in 3,4 or 5 years from the date of their purchase.
I can walk right into any Chrysler store right now and buy a PT Cruiser for about $14K-$15K. Those that bought them for 2X that price (and some did), paid for the privilege to have the first ones on their block. They didn't buy hefty resale, though.
The new Mustang is in that same category. Matter of fact, there is also some evidence that production has already caught up with demand if seeing them pile up on dealers lots, as I have, is any indication.
Still, that does not make the new Mustang a bad car, by any stretch.
Mark
People only consider 2 seaters to be an "extra" car. In my opinion the peeps who can afford an "extra" car as expensive as the Thunderbird don't have Ford aspirations.
I think if the Mazda Miata was any more expensive it wouldn't work.
Of course the exception seems the be the 350z and the Corvette but those are true sports cars and the Thunderbird isn't.
Notice that the Infiniti G35 coupe which is more of a Thunderbird competitor is a 2+2, as is the Acura.
Mark
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
Are you seeing GTs too? I've noticed them piling up on some lots around here too but every single one is a V6 ATX. Which really makes sense as the V6 with MTX has been on hold for a month or two.
The one GT I saw on a lot was gone by the next day and I haven't seen one since on any lots or in their inventories. Believe me, I've tried. The recent winter weather probably isn't helping move those V6 copies off the lots either.
Production should catch up soon but it's going to slow down again when they put the vert online in early Feb.
For grins, I stopped into one local dealership to peruse one jet black and one red GT they had in their showroom. I asked the salesperson what they were selling for. He said they were "hot models" and pointed to the MSRP sticker. I laughed and started to walk out. He stopped me and said, "make us an offer". I'll assume I could have bought one of them for something under MSRP, but don't really know.
350z sales are cold as ice around southern OH. Lots of '03s-'04s on the used lots. You can make deals on them all day long. Same can be said for the RX8s (although I've yet to see a used one for sale). Sports car sales, in general, aren't great in the winter around here anyway.
Out of the 20 half wanted MSRP, with a couple over MSRP and a couple under. Did manage to find one willing to order in for a couple hundred under invoice though. Quoted delivery time was 6-10 weeks. Though I'm guessing 8-12 is probably closer to actual from what I've been reading.
if you think a japaneese car can hold 50% after 3 years, you're dreaming. just try to trade one in and get that.
I can currently get 77% for my japanese vehicle after 20 months of ownership. Considering the fact that car values drop the steepest when new, the next 16 months won't drop as much as the earlier months did, bringing my 3-year value WELL over 58%.
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
We did have one customer cancel his order since he was able to find a car on the ground.
Silver GT Premium with all options but the Shaker 1k. Should be in this week.
Mark
This could just be my dealership though since 05 allocation doesn't just take in to account deliveries of 05s but over all Mustang delivery history. We still have 7 2004s left which are probably keeping our 05 allocation down a little.
Mark
Baggs - $4K-$4500 for an 8-year-old Civic is certainly nothing to sneeze at. Heck, my 6-year-old Volvo, which cost 3 times the price of a Civic when new, is only fetching $6K as a trade-in. So figure they will be very close when both are 8 years old. Pretty amazing resale value on that Civic.
But, yes, ford-guy, I'll be the first to tell you that the books are typically optimistic. That's why I always check on the Real-World Trade-In Values board.
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
Even after all this, mind you, I still like the new Mustang (it IS the mustang board, after all).
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
seems like you could sell your s2000 to a dealer for 13,500, but no way you're going to be able to buy it for that price.. otherwise i would've picked one up myself
It's snowing like crazy in southwestern OH right now. I bet I can make a below MSRP deal at the local Ford dealership right now on the two GTs they have in stock if I walked into their empty showroom with checkbook in hand.
I would feel good about making a bet that there will be more than 5 Mustang GTs/month/dealership for the MY '05. If the GT is the hot model, you can pretty much bet that Ford will crank those out at an elevated pace.
14 dealerships checked.
Mustang GT: 7 cars (2 autos / 5 manuals)
Mustang V6: 79 cars (77 autos / 2 manuals)
As an aside, it looks as though the V6 manual model is finally being produced, but in VERY low numbers.
Well, the dealer who listed the most Mustangs (17, all V6's), shows 157 F-150 trucks in stock. Another dealer who listed 12 Mustangs (again, all V6's), shows over 350 F-150 trucks in stock (and I drive by this dealer everyday; I believe that number).
Looking on the bright side: the new F-150 has been in production for a few months longer. I don't know how many of those trucks listed in stock are leftover '04s but I think the vast majority are '05s. Obviously, Ford has the production capability to keep up with (and then some) whatever demand the market may have for the new Mustangs.
Just be patient; inventory WILL build and purchase prices WILL fall.
He said the same as you. A dealership would get business they wouldn't have had otherwise by him buying from out of town.
We should have this conversation about the Mustang GTs availability this time next month or in February. My guess is the selection will be quite large at the bigger dealerships.
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
You can't swing a dead cat around here without smacking some urbanite in his new F-150.....
Have you even known ANY model of Ford (in the last 25 years) where production was simply unable to keep up with demand 1 year after introduction? I say for those who really want a Mustang (and I certainly can understand the longing), just wait. Inventory WILL build and prices WILL fall.
Mark
Mark
http://www.detnews.com/2004/autosinsider/0412/21/A01-37497.htm
Mark
While the decision process for your average American car is largely one of economics, it's hard to think of Mustangs solely (if at all) in this fashion. I'd imagine a good amount of Mustang buyers do not consider resale at all, esp. with the 2005s; it's a car they plan to hold onto and enjoy for a long time. I still see plenty of mid-1980s Fox bodies, unmodded but well-maintained, being driven around by everyday people...
It's said that true enthusiasts don't care about resale values...they care about the enjoyment that ownership and use brings to them. So maybe Mustangs have an odd power to make enthusiasts (at least for a single car, for a while in their lives) out of everyday drivers? After all, how many people do you know that wax nostalgic about a Camry or Taurus they owned years ago?
I see the same thing happening with the Mustang. Matter of fact, I'd say it's starting already. I'm seeing stock on even the GT models starting to become easier to find at Ford dealerships.
Historically, Ford (as well as GM and Chrysler) have produced at capacity regardless of demand of any vehicle. That's the way they are set up....keep those plants humming for 3 shifts.
One of the hottest cars on the market, the Chrysler 300C Hemi, was going for MSRP and above when they were first introduced. It's pretty easy to make a deal on one now since the initial "buzz" has died down and stock is rising at the dealerships.
I've never known any U.S. brand to hold huge resale until some of the models garnered "antique" status. That said, I don't think resale of an antuque AMC Pacer will ever be much.
Not at Ford, not anymore. Just ask the folks at Michigan truck, Wayne Assembly, St. Thomas Assembly, Oakville...
Any ideas why? I called Ford' "customer car" line and they said it's all up to the dealer, even though it's clearly the "MANUFACTURER'S" suggested price.
Very impressed with the sound...it sounds almost like a V8. Great job Ford.
However, I didn't care for the new rocker panel tape stripe...the "Mustang" lettering in the stripe is centered in the middle of the door, not at the front where it was historically. Just doesn't look right to me.
Still looks to me like they will build all the vehicles that their plants are capable of producing, regardless of demand.
They may or may not run 3 shifts 7 days a week, but to keep plants profitable, they have to keep them humming at or very near production capacity. Otherwise, Ford (or GM) can't make any money.
That's the entire reason we've seen such big rebates become the norm in the industry.
Review
http://www.automedia.com/autoReviews/2005/ford/500/rts20041101fh.- asp?affid=