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Hello everyone!!!! First Mustang Forum for me!!

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  #1 (permalink)  
Old 09-11-09, 03:56 PM
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Hello everyone!!!! First Mustang Forum for me!!

Hey guys!! I'm happy to be here!!!

When the 1994 Mustang came out, I fell in love with the car head over heels. I was 14 years old at the time. Since then, I always liked the Mustang especially the GT with its V8 rumble; however, when time came to purchase my first car (I was 20) I had to choose wisely. I wanted something to hold value and be reasonable in price and performance, and that is how I fell in love with VW's Passat. Turbo 4, sporty handling and great value. As of today, I'm in my 4th Passat since 2000,and the best Passat yet. I have the Hi-def package and the car looks awsome!!! only a handful in San Diego!!!
I get lots of compliments even from Bimmer and Audi drivers!!!

When I saw the '05 Mustang I loved the car, but as soon I got inside the car, I felt the cheap crappy materials and it was a big turn off for me as all the past Mustangs have been. This all changed for the 2010.
I loved the exterior and then inside you can feel the monumental difference in material quality. I really like this new Mustang, and for the first time in 10 years I might emmigrate from VW to Ford!!! However, there was another big turn off!!!!

PRICE!!!!!! I went to the Ford dealership and saw a Mustang GT for $40,500 !!!!!! and next to it a $44,000 2010 SHO MEGA

What in the world is going on with Ford???? I mean I'm glad they're heading in the right direction, but with those prices??? Even a Taurus SEL (medium trim) nicely equipped was stickered at $30,000 For a Taurus??? not a good strategy!!!

I'm really thinking to jump to a Mustang, but with those prices it's going to be hard letting go German engineering. A nicely equipped A4 goes for $37K even the hot CC with VR6 and Nav goes for $38K (the hot coupe A5 starts at $36K). I really want the mustang because it would be a completely different experience.

Is it wise to buy one???? The Stang I want goes for $36,000 without the nav nor the track pack. I do love the glass roof (which is included in the price). I'd like the nav, but it's to expensive and the treack pack?? well I want an automatic so I don't need the track pack!
I still have until August of 2010, so if the new Coyote V8 becomes the new GT I'm assuming the price will go up and the remaining 4.6L '10s will have very nice discounts!!! For me 315 hp is more than enough!!! By the way I'm 29 years old who just finished my major and looking for a job. My main goal is to get married and raise a family which I will be financially ready in 4 years. This is my last oportunity to have a muscle car (single, no GF) Once I get hitched I probably go back to sedans and SUVs.

Any thoughts???? Should I go for it????

Any thoughts????
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Old 09-11-09, 04:13 PM
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New 2010 Mustang GT's start around $26K after rebate. Don't let a loaded up one with all the bells & whistles and/or dealer 2nd sticker make you believe that they are all $40K. You can easily find new 2010 GT's for under $30K - even Premium GT's.
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Old 09-11-09, 04:32 PM
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I'd like the Mustang GT premium kona blue or candy red with auto tranny, glass roof, security package and 19" premium painted wheels. Comes to $36,225 according to the website. I always wanted a nav, but I already have my Palm Pre with Nav which it's really awsome, so other than aesthetics I don't think I would use it that much!!! I have Sirius Sat radio, and really use it a couple of times a month!! (more than that with NFL starting this weekend) Do I really need the Nav????

Another question, I really like the brown seats, but in Ford's website the door panels turn grey!!!! I really want brown seats with the rest of the car Black and aluminum accents!!! Anyone know if this it's true???
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Old 09-12-09, 05:58 PM
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Think of it this way,

Yes the dealer has those on the lot, and probably has sold all the ones they have recieved that are more reasonably priced. The reason that those are still there is others like you thought they were too much. Head back in a month and by then, hopefully they will have some more resonable stangs without every bell and whistle available.
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Old 09-14-09, 12:35 AM
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Another question, I really like the brown seats, but in Ford's website the door panels turn grey!!!! I really want brown seats with the rest of the car Black and aluminum accents!!! Anyone know if this it's true???[/QUOTE]

My Kona Blue 2010 GT premium
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Old 09-14-09, 12:11 PM
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Sweeeeeeet!!!!

I can barely see the door panel, It's black. Isn't it??? Can you survive without the NAV???

BTW, can you still negociate to pay a little over invoice and still get the rebates (if any) if the car has been ordered to your taste??
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Old 09-14-09, 12:14 PM
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Quote:
Originally Posted by delpiero1980 View Post
Sweeeeeeet!!!!

I can barely see the door panel, It's black. Isn't it??? Can you survive without the NAV???

BTW, can you still negociate to pay a little over invoice and still get the rebates (if any) if the car has been ordered to your taste??
I got X Plan through my employer plus the rebates offered. And talked them higher on the trade in, and I ordered mine to my liking. They want to sell the car, I'm sure they'll work with you, especially with it coming into the slow months.
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Old 09-14-09, 03:28 PM
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Quote:
Originally Posted by delpiero1980 View Post
Sweeeeeeet!!!!

I can barely see the door panel, It's black. Isn't it??? Can you survive without the NAV???

BTW, can you still negociate to pay a little over invoice and still get the rebates (if any) if the car has been ordered to your taste??
The door panels have matching brown leather inserts; so it's all good.

I can survive without the built in nav (electronics package) because SYNC has voice navigation.
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Old 09-15-09, 02:41 AM
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Originally Posted by ichiro51 View Post
The door panels have matching brown leather inserts; so it's all good.

I can survive without the built in nav (electronics package) because SYNC has voice navigation.
The inserts I know they match the seats. What I was asking was the plastic trim around the inserts where the window switches are located, speakers, etc. In the website it turns grey once you click the brown seats option!
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Old 09-15-09, 05:38 AM
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Have you considered ordering factory-direct?
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Old 09-15-09, 01:50 PM
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Originally Posted by Top Speed View Post
Have you considered ordering factory-direct?
I have and probably will. I'm only affraid of not being able to negociate like a car that is sitting on the lot.
I'm still going to wait until summer of 2010 because I'm curious to see the price of the 400hp V8 Mustang GT 2011!!!
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Old 09-20-09, 03:24 PM
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Hi delpiero1980,

This is my first Mustang forum (and post) as well

From personal experience if you order a vehicle factory direct it should not cost you much more (if any) than a vehicle that a dealership currently has on their lot. The difference is that with in-stock vehicles, dealerships are more willing to negotiate into holdback whereas with factory direct vehicles we are not.

Currently all of the Ford dealerships I know of are over stocked with 2010 Mustang's and F-150's and sales numbers are way down. Going into August we were all maintaining low inventory due to the economy and then the Cash for Clunkers program hit us. With no inventory and high demand we placed a huge amount of orders for new cars with Ford. Those cars are just starting to arrive to dealers now but the Cash for Clunkers program is over and we have no one left to sell to.

Moral of the story is: If you're looking for a good deal, I would suggest taking a look towards the end of this month or next month when dealerships are panicking to get rid of their excess inventory. You should be able to get one for invoice - all holdback - all factory rebates w/0%

Cheers!
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Old 09-20-09, 05:05 PM
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If anything, by ordering factory direct, you may even get a better price because you're not purchasing the car from the dealer, you're purchasing it from Ford themselves. Because of that, you may pay less. You're also going to get exactly what you want. That's not to say that they're going to split option packages into single options, but you're more likely to get everything you do want and nothing you don't.

As an example, I spoke with a dealer and this is what I told him I wanted:

2010 Deluxe GT (no "bells and whistles") with black cloth interior

5-speed manual transmission

Track Pack (suspension, 3.73s, brakes, 19 in. wheels/tires)

Kona Blue with white or silver stripe(s)

Spoiler

Now, here's the thing. You're not "able" to get the Track Pack with the Deluxe GT. You have to get the Premium GT. You also do NOT get a spoiler OR stripe(s). If you go to the dealer, you can't get a car in that configuration I listed. If you order factory-direct, they will allow you to "mix and match." Here's what I'm thinking thus far:

Deluxe GT- $28,000

Track Pack- $1530

Stripe: $500

Spoiler: It's a standard option. Argue as to why I don't get it because I order a suspension. I'll get the spoiler.

Before negotiating a price, that's going to give me the car for about $30,000 on a DELUXE GT. A PREMIUM GT starts out at around $32,000-$33,000, then you'll have to add the Track Pack, you won't get a spoiler, and you won't get a stripe. Add in the price of the Track Pack, and you're already eclipsing nearly $35,000 before negotiating a price. Then, when all is said and done, you were forced to buy a Premium GT that you probably didn't want just so you could get the option you DID want. You've now spent $3,000-$4,000 just to get an option that cost you another $1,500.
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Old 09-20-09, 07:49 PM
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Quote:
Originally Posted by Top Speed View Post
If anything, by ordering factory direct, you may even get a better price because you're not purchasing the car from the dealer, you're purchasing it from Ford themselves. Because of that, you may pay less. You're also going to get exactly what you want. That's not to say that they're going to split option packages into single options, but you're more likely to get everything you do want and nothing you don't.

As an example, I spoke with a dealer and this is what I told him I wanted:

2010 Deluxe GT (no "bells and whistles") with black cloth interior

5-speed manual transmission

Track Pack (suspension, 3.73s, brakes, 19 in. wheels/tires)

Kona Blue with white or silver stripe(s)

Spoiler

Now, here's the thing. You're not "able" to get the Track Pack with the Deluxe GT. You have to get the Premium GT. You also do NOT get a spoiler OR stripe(s). If you go to the dealer, you can't get a car in that configuration I listed. If you order factory-direct, they will allow you to "mix and match." Here's what I'm thinking thus far:

Deluxe GT- $28,000

Track Pack- $1530

Stripe: $500

Spoiler: It's a standard option. Argue as to why I don't get it because I order a suspension. I'll get the spoiler.

Before negotiating a price, that's going to give me the car for about $30,000 on a DELUXE GT. A PREMIUM GT starts out at around $32,000-$33,000, then you'll have to add the Track Pack, you won't get a spoiler, and you won't get a stripe. Add in the price of the Track Pack, and you're already eclipsing nearly $35,000 before negotiating a price. Then, when all is said and done, you were forced to buy a Premium GT that you probably didn't want just so you could get the option you DID want. You've now spent $3,000-$4,000 just to get an option that cost you another $1,500.
So, TopSpeed, when will you be ordering your new Mustang?
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Old 09-20-09, 09:14 PM
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So, TopSpeed, when will you be ordering your new Mustang?
That's a real good question, considering I just dumped $1100 into the Camaro to get it running.

I'm hoping to clean up a few financial issues, and hopefully order before January.
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Old 09-20-09, 09:33 PM
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Originally Posted by Top Speed View Post
If anything, by ordering factory direct, you may even get a better price because you're not purchasing the car from the dealer, you're purchasing it from Ford themselves.
By placing an order "factory direct" you are simply asking the dealership to custom build one of their allocation units to your specifications. The dealership then places the order and purchases the vehicle from Ford and you in turn purchase it from the dealership. In most cases, the price will not be better if you order a vehicle; however, it may not cost you anything extra.

Cheers!
Derek
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Old 09-20-09, 09:54 PM
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Originally Posted by DRak1071 View Post
By placing an order "factory direct" you are simply asking the dealership to custom build one of their allocation units to your specifications. The dealership then places the order and purchases the vehicle from Ford and you in turn purchase it from the dealership. In most cases, the price will not be better if you order a vehicle; however, it may not cost you anything extra.

Cheers!
Derek
I was told that the prices were cheaper on ordered vehicles. I guess I'll find out when I order.
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Old 09-20-09, 10:09 PM
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Originally Posted by Top Speed View Post
That's a real good question, considering I just dumped $1100 into the Camaro to get it running.

I'm hoping to clean up a few financial issues, and hopefully order before January.
You see, the sooner you get that Mustang the sooner you can start spending that money on mods rather than keeping your Camaro running
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Old 09-20-09, 11:55 PM
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You see, the sooner you get that Mustang the sooner you can start spending that money on mods rather than keeping your Camaro running
Yeah, but the thing is, when I get the Mustang, it's already going to be modded. It'll have the Track Pack (3.73 gears, wheels, upgraded tires, upgraded suspension) and a Roushcharger. While the best part will certainly be the upgrade in power from "stock," it's going to be just as nice to have everything covered under a factory warranty.

What I'm discovering with my Camaro is that it's not a piece of crap which is constantly having mechanical failures because it's a piece of crap, but it's been a matter of chasing someone else's mistakes. An alternator can fail on anyone, but when you pay someone $7800 for an engine rebuild, plus machining and labor, and it's leaking at all its seals within 2 years and 30,000 miles, that's the fault of the people who built it. I was promised a "quality job," and what I'm finding is that I had my cheeks spread.
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Old 09-21-09, 01:17 AM
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Well, the MSRP of my stang according to the web site comes to $36,925.
Here is the Mustang the way I want it:
-GT Premium
-auto tranny
-rapid spec 400A
-red candy metallic with tinted clearcoat
-security package
-glass roof
-19" painted luster nickel wheels
-saddle interior

I wont be ready until June/July 2010. Anyone knows when is the deadline to order the 2010s???
I want to wait for the news of the '11 GT. How much will it cost and weight?

My goal is to finance $31,000. How can I go from $36,925 to $31,000???
I will need rebates, pay close to invoice and how much down payment to offset the tax, title and license???

I have always lease. This will be my 1st purchase. The ford website says $18.83 per $1,000 finance at 4.9% APR. Does this inlude tax??
In a lease payment the tax is charge in every payment (i.e. $351 lease paayment + $26.85 tax= $377.85) Is purchase the same case???
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Old 09-21-09, 03:16 AM
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Originally Posted by delpiero1980 View Post
Well, the MSRP of my stang according to the web site comes to $36,925.
Here is the Mustang the way I want it:
-GT Premium
-auto tranny
-rapid spec 400A
-red candy metallic with tinted clearcoat
-security package
-glass roof
-19" painted luster nickel wheels
-saddle interior

I wont be ready until June/July 2010. Anyone knows when is the deadline to order the 2010s???
I want to wait for the news of the '11 GT. How much will it cost and weight?

My goal is to finance $31,000. How can I go from $36,925 to $31,000???
I will need rebates, pay close to invoice and how much down payment to offset the tax, title and license???
I wish you the best of luck with getting nearly $6,000 off the price of a new car. When you figure out how to do it, please, let me know! Not gonna happen.

Quote:
I have always lease. This will be my 1st purchase. The ford website says $18.83 per $1,000 finance at 4.9% APR. Does this inlude tax??
In a lease payment the tax is charge in every payment (i.e. $351 lease paayment + $26.85 tax= $377.85) Is purchase the same case???
Ford's "scale" that they are using is pretty close. Normally for every $1,000 financed it is $20-$25 tacked on to your monthly payment. I believe in the "scale," it covers the total monthly payment/amount financed. At least, when I helped my brother purchase a car, that's how it worked.

I've never leased a vehicle, but I do believe that the payments may be lower when leasing, however, the downside to leasing is that normally there's a mileage limit on the lease, and if you decide to purchase at the end of the term of the lease, you're usually paying more for the car than it's actually worth. You also need to be careful of the terms of the lease, because some of them require a "balloon payment" at the end of the lease if you choose to own.

IMO, leasing is alright if you don't do a lot of driving and/or want a new vehicle every 3 years, but in that case you always have a car payment. With leasing, you're also not getting anything for your money in the end. You're basically just p1ssing it down the drain. You wind up paying (example) $2,500 down up front, then wind up with garbage like "security deposits," and your $2,500 quickly turns into much more. You put forth all this cash, and in the end, you have nothing to show for it. By the time you get done with all the surcharges that go along with leasing to get the lower monthly payment, you could've put forth that money towards purchasing the car and probably wind up with the same monthly payment, all the while having some equity in your vehicle.

IMO, leasing is a waste of money, but to each his/her own. If all you care about is getting into a Mustang, go for it, but if you want to get into it, modify it, and drive it a lot, then leasing isn't going to be the best option for you. Personally, I would never lease a vehicle, but that's me.

Hope this helps a little.
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Old 09-21-09, 09:24 AM
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Quote:
Originally Posted by delpiero1980 View Post
Well, the MSRP of my stang according to the web site comes to $36,925.
Here is the Mustang the way I want it:
-GT Premium
-auto tranny
-rapid spec 400A
-red candy metallic with tinted clearcoat
-security package
-glass roof
-19" painted luster nickel wheels
-saddle interior

I wont be ready until June/July 2010. Anyone knows when is the deadline to order the 2010s???
I want to wait for the news of the '11 GT. How much will it cost and weight?

My goal is to finance $31,000. How can I go from $36,925 to $31,000???
I will need rebates, pay close to invoice and how much down payment to offset the tax, title and license???

I have always lease. This will be my 1st purchase. The ford website says $18.83 per $1,000 finance at 4.9% APR. Does this inlude tax??
In a lease payment the tax is charge in every payment (i.e. $351 lease paayment + $26.85 tax= $377.85) Is purchase the same case???
All I can tell you is start saving for a down payment now. As soon as Ford released pics of the 2010 last year I started saving and when I was close to my target I placed my order knowing I'd have the rest of it when the car was delivered. So on top of my xplan, the $1000 rebate, and my $6500 down payment...well you get the idea. Its definitely worth waiting and saving because it will help a lot in the long run.
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Old 09-21-09, 09:27 AM
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Originally Posted by Top Speed View Post
Yeah, but the thing is, when I get the Mustang, it's already going to be modded. It'll have the Track Pack (3.73 gears, wheels, upgraded tires, upgraded suspension) and a Roushcharger. While the best part will certainly be the upgrade in power from "stock," it's going to be just as nice to have everything covered under a factory warranty.

What I'm discovering with my Camaro is that it's not a piece of crap which is constantly having mechanical failures because it's a piece of crap, but it's been a matter of chasing someone else's mistakes. An alternator can fail on anyone, but when you pay someone $7800 for an engine rebuild, plus machining and labor, and it's leaking at all its seals within 2 years and 30,000 miles, that's the fault of the people who built it. I was promised a "quality job," and what I'm finding is that I had my cheeks spread.
Agreed. Your Camaro is not a piece of crap, maybe the guy working on it is. In either case, you're right, at least you won't need to mod the stang, I'll be buying my supercharger around end of January or so, still haven't really decided on what I want though. Roushcharger if I want to keep factory warranty, or another supercharger and some headers if I wanna say screw it and go all out.
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Old 09-21-09, 11:13 AM
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Originally Posted by Fast05 View Post
All I can tell you is start saving for a down payment now. As soon as Ford released pics of the 2010 last year I started saving and when I was close to my target I placed my order knowing I'd have the rest of it when the car was delivered. So on top of my xplan, the $1000 rebate, and my $6500 down payment...well you get the idea. Its definitely worth waiting and saving because it will help a lot in the long run.
That's what I'm trying to do! I'm not asking for $6,000 off MSRP. I want to finance $31K. I'm calculating with rebates, paying close to invoice I should be close to $33,000 correct??
Then, tax, title and license? another $3,000?? more? or less??
Then my down payment I probably will need another $2,000 to be at $31,000, correct?

MSRP $36,925
minus 3,500 (rebate + close to invoice)
sub-total $33,425
plus TTL, $ 3,000 ????
sub-total $36,425
minus DP $ 5,000
Total
Finance $31,425 !!!!

My goal. Is it correct????

PS. Again, when you guys think the deadline to order 2010s??
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Old 09-21-09, 01:49 PM
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delpiero, I just asked our ordering manager and she said the deadline won't be for a couple months at least (probably sometime around December). Ford hasn't released to us the specs on the 2011 Mustangs yet. I also did a California Dealer Inventory search to see if there are any 2010 Mustang GT Premiums that match your specifications and currently there is only one that comes close (VIN:1ZVBP8CH0A5124923). The MSRP on the vehicle is $39,655. Invoice is $36,573. X-plan is $36,701. Current rebates total $1,000 with 0% for up to 36 months (on approved credit).

With a list price of $39,655, a sale price of ($36,573 + fees) - factory rebate ($1000), and factoring in San Diego county tax:

Fees (Tire Tax, Doc Fee, Lic, Etc): $805.75
Taxes: $3204.95
Financed Amount: $39,583.70

Monthly Payment at 0% for 36 mo: $1099.55
Monthly Payment at 6.9% for 60 mo: $784.19
Monthly Payment at 4.9% for 60 mo (no rebate): $765.57
Monthly Payment at 6.9% for 72 mo (no rebate): $691.95

The above is all with $0 down.

Hope this helps.


Cheers!
Derek
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