who is waiting to pick up a S197 used?

66Satellite

Banned

Feb 6, 2003

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Aug 10, 2004

#1

• Aug 10, 2004

• #1

And how long are you going to wait?

To be honest I'm probably going to wait 3-5 years--long enough for them to take a major depreciation hit, but not so long that they're all thrashed. I wish I liked the SN95 cars just a little bit more--there some very attractive deals out there right now. One thing that is cool about Mustangs--they are cheap and there are tons to choose from.

 

ryanrule

impotent

Founding Member

Feb 11, 2002

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Madison, WI

Aug 10, 2004

#2

• Aug 10, 2004

• #2

get a used 03+ cobra for the interim

 

S

scottie1113

Founding Member

Mar 14, 2002

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Grass Valley CA

Aug 10, 2004

#3

• Aug 10, 2004

• #3

I think I'll hang on to my 95 GT vert for another 3 years. It's only got 65K miles, and by then the new Mustangs will be coming to the end of their 3 year leases.

As much as my emotions tell me to buy a new one, practicality tells me otherwise.

 

brandon_lawson7

New Member

May 11, 2004

239

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Morehead, KY

Aug 10, 2004

#4

• Aug 10, 2004

• #4

im either gonna get an 03' or '04 cobra vert or an 05' GT whenever i graduate college (whenever that happens )

 

66Satellite

Banned

Feb 6, 2003

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Aug 10, 2004

#5

• Aug 10, 2004

• #5

scottie1113 said:

I think I'll hang on to my 95 GT vert for another 3 years. It's only got 65K miles, and by then the new Mustangs will be coming to the end of their 3 year leases.

As much as my emotions tell me to buy a new one, practicality tells me otherwise.

Click to expand...

Is 3 years the standard lease? Approx what would/does a GT sell for at the end of a 3 year lease?

 

ryanrule

impotent

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Aug 10, 2004

#6

• Aug 10, 2004

• #6

brandon_lawson7 said:

im either gonna get an 03' or '04 cobra vert or an 05' GT whenever i graduate college (whenever that happens )

Click to expand...

no idea what im gonna get. prob get a 99+ gt and supercharge it, untill i have enough for sumthin expensive (merc or bimmer prob)

 

J

jasonlee0704

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Feb 3, 2004

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Kansas City, MO

Aug 10, 2004

#7

• Aug 10, 2004

• #7

Well, in my newspaper there are ads for 2001 GTs for $10k-$13k if that helps... depreciation is a wonderful thing for buyers.

I wouldn't ever buy a new car. The cars are generally just as good 3-5 years later, you save half the cost on a new car, and it's not even legal to get an aftermarket exhaust until what, 60,000 miles? Ridiculous.

 

Eos

Oh Heather Oh yeah... I want your pink taco

Jun 13, 2003

734

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oklahoma

Aug 11, 2004

#8

• Aug 11, 2004

• #8

I'm aiming to buy my new mustang in summer of 05. A legend lime v6 =)

 

Joe 5.0

Founding Member

Feb 1, 2002

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Macomb, MI (metro detroit)

Aug 11, 2004

#9

• Aug 11, 2004

• #9

Probably look for a 2-3 yr old low mileage, fully optioned GT 5 speed coupe. My 94 now has 83k on it, and I want a nicer interior and fresher suspension.

 

S

scottie1113

Founding Member

Mar 14, 2002

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Grass Valley CA

Aug 11, 2004

#10

• Aug 11, 2004

• #10

jasonlee0704 said:

Well, in my newspaper there are ads for 2001 GTs for $10k-$13k if that helps... depreciation is a wonderful thing for buyers.

I wouldn't ever buy a new car. The cars are generally just as good 3-5 years later, you save half the cost on a new car, and it's not even legal to get an aftermarket exhaust until what, 60,000 miles? Ridiculous.

Click to expand...

Yep, sounds about right for a 3 year old car. I'm with you about new cars. I hate the depreciation but it's good for us who buy used. For example, have you ever checked out the prices on a used Jag, or even a Ferrari 360? My wallet's not thick enugh to take hits like that.

 

A

awkforty7

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Feb 4, 2004

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Aug 11, 2004

#11

• Aug 11, 2004

• #11

I'm waiting til 2007 to get an 05 that way there will be a large aftermarket for it especially with the new cobra in 07 and you will probably be able to pick one up with 40000 miles for about 12-14k$.

 

brandon_lawson7

New Member

May 11, 2004

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Morehead, KY

Aug 15, 2004

#12

• Aug 15, 2004

• #12

ryanrule said:

no idea what im gonna get. prob get a 99+ gt and supercharge it

Click to expand...

i've even thought about one of those myself only a vert. im starting to see a few 99-00' GT's in great shape for about $10-12K

 

eric n

Founding Member

Jul 14, 2001

875

2

19

Bakersfield, CA

Aug 16, 2004

#13

• Aug 16, 2004

• #13

I love the idea of buying mildly used. And When my 66 is running nice, it's the sexiest car on the road (I think so).

I'm going to wait a year to see what quality issues raise their heads. See how it responds to mods and what's available. See what SE's are coming out.

Depending on all of that, I'll decide.

 

jrd007

New Member

Apr 26, 2004

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Chicago

Aug 17, 2004

#14

• Aug 17, 2004

• #14

I'm going to wait three years at least. It is said that a car depreciates 50% after the first three years and then only 10% per year for several years after that. Of course, mileage plays into that figure, but that's a pretty good rough estimate. I think I'm going to get an '05 when I'm done with graduate school, which coincidentally should be in 3 or 4 years. Until then I'm just a graduate student with a 98 GT and no money to do the mods I want. Oh well!

 

CarrollShelby

Banned

Aug 16, 2004

337

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0

Québec, Canada

Aug 17, 2004

#15

• Aug 17, 2004

• #15

I'm gone a past my turn for this one... Sorry!

 

brandon_lawson7

New Member

May 11, 2004

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Morehead, KY

Aug 17, 2004

#16

• Aug 17, 2004

• #16

jrd007 said:

and no money to do the mods I want. Oh well!

Click to expand...

Im right there with ya dude....it sucks doesn't?

 

BlackArtemis

Dated 4 Amandas. Nothing special. Got the job done

Founding Member

Sep 23, 2002

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West Chester, PA

Aug 19, 2004

#17

• Aug 19, 2004

• #17

I love the new design but i am still in college and thus no career. I want to rebuild a 60's fastback, I want to hook up my 02 gt. I wanna make an 11 second 2.3t beetle and I love the is300. I cant do all of these so I really have to sit down once I get my job...

 

V_Eight

Founding Member

Sep 5, 2002

617

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ATL

Aug 21, 2004

#18

• Aug 21, 2004

• #18

I'll be waiting for a babied GT with under 20k miles. I want it right when the '06's hit.

 

Reimann

Puss > me

Jun 16, 2003

2

3

59

Wherever I May Roam

Aug 22, 2004

#19

• Aug 22, 2004

• #19

I think it is funny people are already waiting to pick up a used one. I'm just waiting to see the thing in real life!