Advice needed! 2010 vs. 2011

[Madguitarist78]

Hey guys,

I am interested in buying my first Mustang. I have been a long time fan and I'm ready to finally buy one.

I went down to my local dealer and I found a Sterling Gray 2010 V6 Premium for about $27,430 with 0% financing.

a) Is this a good deal?

b) Would it be worth the wait for a 2011 V6??

I am concerned that with the increase to 305 HP that the price of V6 will be around 32K.


Thanks alot in advance,

Read

 

[SpartaPerformance]

I didn't know V-6's could get that high unless it's a convertible. I'l def negotiate a little on the price, paying sticker is not an option they will want to get rid of the left overs dirt cheap.

 

[STANGmole]

I'd think you could pick up a base 2010 GT premium for that price...there are better rebates on the GT too.

 

[STANGmole]

New Ford Lincoln Mercury vehicles at Bowen Scarff Ford Lincoln Mercury in Kent & Covington, WA

 

[The Fang]

Buy a GT for that much money!

 

[stanmckinney]

I have to agree that is way too much for a V6 unless it is a fully loaded convertible.
I think it ought to be at least $3000 cheaper.

 

[Madguitarist78]

Well it's pretty loaded. It has a Pony Package, heated seats and the auto transmission adds about $2,500 to the starting price $25,000 for the V6 Premium.

Im trying to negotiate to bring it down about 2K.



Any thoughts on the idea about holding out for a 2011??

 

[YSUsteven]

Well it's pretty loaded. It has a Pony Package, heated seats and the auto transmission adds about $2,500 to the starting price $25,000 for the V6 Premium.

Im trying to negotiate to bring it down about 2K.



Any thoughts on the idea about holding out for a 2011??

Hold out for a much lower price or a 2011. The stang must compete with the maro, and thats around $22K base. You could either pay $26 for a new V6 in a few months or maybe get an old V6 for $20K or less.

Make your decesion, just remember the new V6 has more power (240 vs. 305) and better milage (26 vs 30), but you will be paying more than last years model.

 

[Madguitarist78]

<snip> but you will be paying more than last years model.

Does anyone know how much the new V6 will cost?

 

[deepc285]

Wow,... you could had a V-8 !

Wow,... you could had a V-8 !

I Got em to slash additional $944 on $26,844 "no haggle" internet price... ! ! !

P/U my 2010 Mustang GT Premium Sterling Grey Track Pak ONLY tomorrow morning for 29k OUT THE DOOR. (includes 6% MD tax, tags, freight, processing fee, service charge, blah, blah, blah, LOL)

Guess that makes the price paid 26k, maybe just under?

Now I got some MONIES left over to play with !

Future 2014 trade in... possibly we shall see... yippeeee

 

[YSUsteven]

Does anyone know how much the new V6 will cost?

Yes I do, it was posted in mid January on The Mustang Source

2011 Mustang Price List NOW AVAILABLE!!! - The Mustang Source

Approx $23K for base V6 and $30K for base GT.

 

[Gregor111]

I am/was dead set on a 2011 but yesterday drove a track pack 2010 and what a nice car that was!

I will only buy a white GT premium and if the dealer had a white one with the track pack I would have bought it on the spot. The 2010 I drove had a list of around 34k and was marked down to 27k. The salesperson I worked with, who by the way simply handed me the key to the 2010 and said take it for a spin, built a 2011 the way I would want one and the MRSP was over 37k. He'd order the car for only $400 over invoice but I am still looking at a $35k purchase price. Getting a new 2010 for over $7k less is a one very good deal. True you don't get the performance of the '11 but since my daily driver is a truck, the 2010 still felt like a rocket.

I now am much more open minded about getting the 2010 at a big discount over a 2011.

Greg

 

[Mustang_Fan]

Does anyone know how much the new V6 will cost?

If you want to save money and go for a v6, i think the 2011 is the best way to go. 300hp and 30+mpg.

If you are going to option the v6 to above $27k, i say just get the base 2011 V8 or a extremely discounted 2010 V8.

2011 Mustang Price List - Ford Mustang Forums

2011 prices
V6 Coupe = 22,145
V6 Coupe Premium = 25,845
V6 Convertible = 27,145
V6 Convertible Premium = 30,845
GT Coupe = 29,645
GT Coupe Premium = 32,845
GT Convertible = 34,645
GT Convertible Premium = 37,845

 

[Madguitarist78]

Thanks guys, I really appreciate it!

The dealer lowered it down to 25K and I think i will go for it. Since this will be my DD, performance is not that big of a factor. Maybe later on I'll get a GT500?

 

[russ1979]

all the prices seem to high.

it seems that as soon as i start making more money. the cost of a mustang go's up more also

i'm a sad panda
good thing the prices of new edges are going down and i have my fox

 

[salprint]

Thanks guys, I really appreciate it!

The dealer lowered it down to 25K and I think i will go for it. Since this will be my DD, performance is not that big of a factor. Maybe later on I'll get a GT500?

Sorry...but I have to put my 2 cents in here. I think 25K is a ridiculous amount to pay for a V-6. Even with the pony package that is way too high.
I would think it wouldn't be worth anything over maybe 23K. I bought a new '09 GT with the panoramic glass roof for 26K. Yes, it was a leftover, but it was still a V-8. And for $250 more I was able to get sync installed.
Seems way to high. Just my opinion from what I've seen out there.

 

[Five Oh Brian]

Sorry...but I have to put my 2 cents in here. I think 25K is a ridiculous amount to pay for a V-6. Even with the pony package that is way too high.
I would think it wouldn't be worth anything over maybe 23K.

+1. The dealership I work at has a new, Kona Blue 2010 V6 Pony Package on sale for just $21,450 (after rebates). Click here for pics & pricing details.

 

[Madguitarist78]

Maybe this wasn't clear before. This is a V-6 premium (leather, power seats, sync, etc.) with a pony package, not a base V-6.

 

[stanmckinney]

Still sounds too high to me. You are in V8 territory.

 

[IWantMyNewGT]

Maybe this wasn't clear before. This is a V-6 premium (leather, power seats, sync, etc.) with a pony package, not a base V-6.

If I understand you correctly, your dealer is offering you 0% if you pay sticker price? Around here, '10 GTs are going for $7K off sticker and V6s around $5K off sticker including rebates (approximately what Brian's store is doing in WA). So you may end up paying a high price for that 0% unless there is a dealer discount or rebates on top of that.

If the 0% is direct from Ford in lieu of rebates, you really need to do the math of this deal vs. taking the rebates and obtaining your financing thru a bank or credit union (or even Ford Credit at a higher rate). If the 0% is from the dealer on his own "buying down" your rate, then that amounts to a discount from whatever your interest rate would be otherwise. In any case, you should be getting a large dealer discount from sticker in one form or another on a 2010 at this point in the model year. My '10 GT had a $4500 dealer discount off MSRP before rebates were applied, and that was back in January!

Dealers are entitled to a fair profit, but I'd hate to see you overpay!