General Mustang Tech & Chat This Forum is for General Mustang Tech that fits both suspension, exhaust, wheels, tires and more. General Mustang chat / banter is welcome as well.

1low was right

Thread Tools
 
Old 06-09-2010, 09:15 AM
  #1  
I am the post KING
Thread Starter
 
SNAKEBITE's Avatar
 
Join Date: Feb 2005
Location: Calgary
Posts: 15,244
1low was right

I do believe 1low was right (I agree with him 99.73% of the time tehehehe) when he stated Mustangs are becoming to pricey for the average fan. A couple of weeks ago a dealer brought a new 11 gt convert to our Wed night cruise in and the sticker showed a price of 51,500.00.

With next to nothing down the monthly payment would be approximately 900.00 per month for 5 years. To put that into perspective our first house we had built in late 1998 ran us 750.00 pit so the car is 15% more per month. When we moved to Windsor in 99 we purchased a house and pit ran roughly 600.00 per month so the Mustang now is 30%ish higher.

Today I stopped in at Metro Ford and low and behold they had a new 11 GT500 (all black no stripes=hot) for a low low price of 64,500.00 plus the 3000.00 in taxes for a total of 67,500.00. That my friends is 18-19,000.00 more than I paid for a new 09 GT500 1 1/2 years ago. I will say the car does have 50 hp more and handles better but 18-19,000.00 worth, I am not sure the difference in money is worth it.

Oh there is a Chev dealer north of Calgary (Airdrie) selling a new 10 Camaro SS loaded with the Boston Acoustic stereo and they are asking 43,000.00 which seems like more than fair.

Is 1low right that Ford pricing is starting to get to the higher end of the pricing scale. I am starting to think that they are.
SNAKEBITE is offline  
Old 06-09-2010, 10:23 AM
  #2  
CMOC Veteran
 
rampant racing's Avatar
 
Join Date: Dec 2009
Location: sarnia,ont.
Posts: 338
Originally Posted by SNAKEBITE
I do believe 1low was right (I agree with him 99.73% of the time tehehehe) when he stated Mustangs are becoming to pricey for the average fan. A couple of weeks ago a dealer brought a new 11 gt convert to our Wed night cruise in and the sticker showed a price of 51,500.00.

With next to nothing down the monthly payment would be approximately 900.00 per month for 5 years. To put that into perspective our first house we had built in late 1998 ran us 750.00 pit so the car is 15% more per month. When we moved to Windsor in 99 we purchased a house and pit ran roughly 600.00 per month so the Mustang now is 30%ish higher.

Today I stopped in at Metro Ford and low and behold they had a new 11 GT500 (all black no stripes=hot) for a low low price of 64,500.00 plus the 3000.00 in taxes for a total of 67,500.00. That my friends is 18-19,000.00 more than I paid for a new 09 GT500 1 1/2 years ago. I will say the car does have 50 hp more and handles better but 18-19,000.00 worth, I am not sure the difference in money is worth it.

Oh there is a Chev dealer north of Calgary (Airdrie) selling a new 10 Camaro SS loaded with the Boston Acoustic stereo and they are asking 43,000.00 which seems like more than fair.

Is 1low right that Ford pricing is starting to get to the higher end of the pricing scale. I am starting to think that they are.
i think so ,they see how popular they are and are trying to make up there losses a little more quickly by raising prices and seeing who will bite.don't buy them and see how fast the deals come down at the end of the year when the new ones roll in.they are just getting greedy.my .02cents
rampant racing is offline  
Old 06-09-2010, 11:07 AM
  #3  
CMOC Veteran
iTrader: (1)
 
kena's Avatar
 
Join Date: Mar 2008
Location: Canmore, Alberta
Posts: 365
Trust me the prices will fall like a rock when they don't sell. Right now they are priced for the pants pissing male who just can't wait to pay too much for the new 5.0
kena is offline  
Old 06-09-2010, 01:33 PM
  #4  
CMOC Rookie
 
OH8GT's Avatar
 
Join Date: Mar 2010
Location: Windsor
Posts: 120
East

I don't get it. At the ford.ca site I can do "Build and price" with the following;

Base GT Coup - $39,949
GT Brake Pkg - $1,700
Security Pkg - $350
Interrior Trim Pkg - $500
Heated Leather seats (incl with Interrior Trim Pkg)
Next gen nav system - $2,300
Total MSRP= $44,749

Which has some very nice options! I'd skip the nav system myself but threw it in because maybe the dealer's had it in it.

It looks like the dealer's out there are making some serious markups! I haven't priced one out here yet but it looks like they are trying to cash in big time with the new arrivals.
OH8GT is offline  
Old 06-09-2010, 02:14 PM
  #5  
CMOC Postaholic
 
Crafty's Avatar
 
Join Date: May 2008
Location: Kelowna BC
Posts: 1,454
i agree that's just waaay out to lunch.. idk why there seems to be so much markup on the 2011's.. maybe if someone tried to go in and order one, it might be cheaper if you can pry them a little?
Crafty is offline  
Old 06-09-2010, 04:50 PM
  #6  
CMOC Veteran
 
Kaisoboy's Avatar
 
Join Date: Jun 2009
Location: Calgary, AB
Posts: 465
Hence why I will wait a year or two and pick one up used with low milage just like I did with my 05. Then again I do love my 05!! Decisions, Decisions, Decisions!!! LOL
Kaisoboy is offline  
Old 06-09-2010, 04:57 PM
  #7  
CMOC Rookie
 
lazy_stang's Avatar
 
Join Date: Aug 2008
Location: petitcodiac, NB
Posts: 182
If I were to buy one Id weight a year anyways to see how they make out with the new 5.0, Im sure its gonna be a killer motOr but still, ya never know
lazy_stang is offline  
Old 06-09-2010, 06:49 PM
  #8  
CMOC Addict
 
-PLOTNIK-'s Avatar
 
Join Date: Jan 2009
Location: Waterloo
Posts: 881
wayyyyyyy toooooooooooooo much money !
-PLOTNIK- is offline  
Old 06-09-2010, 07:32 PM
  #9  
CMOC Rookie
 
OH8GT's Avatar
 
Join Date: Mar 2010
Location: Windsor
Posts: 120
East

Originally Posted by Kaisoboy
Hence why I will wait a year or two and pick one up used with low milage just like I did with my 05. Then again I do love my 05!! Decisions, Decisions, Decisions!!! LOL
Both my '05 and my current '08 were demos off the lot.
Excellent deal on the '08. I paid the same amount for the '08 as the '05 and the '08 is a fully loaded vert.
Financed the difference on the loss of the trade-in.
OH8GT is offline  
Old 06-09-2010, 07:40 PM
  #10  
Retired Admin
 
VAEM's Avatar
 
Join Date: Oct 2009
Location: Barrie, Ontario
Posts: 4,821
Yea those prices sound INSANE. Prices like that might drive potential pony buyers right into the arms of a Camaro or Challenger salesman. I know it would for me .... it supposed to be bang for your buck. Now don't get me wrong, I love my Mustang and I love what Ford has been doing with the Mustang over the last few years, but with dealer prices hovering at $67,500.00 ($19,000.00 more than 2009 GT500's) - we'll that's when I start shopping for a 600 HP 2008 Dodge Viper with roughly 16,000 kms on it.

DODGE VIPER in KITCHENER, ON - Vehicle Details - AutoTrader
VAEM is offline  



All times are GMT -5. The time now is 04:42 PM.