Hello y'all. I'm newbie here and I'm about to buy stang. It is 07 V6 with pony pkg and 21k miles on it. (It's sitting at Lexus dealership.) But I'm wondering factory B2B warranty and power train warranty is transferable. And if so, is there any paper work to do? Thanks.
If your heart is not set on the one at the Lexus Dealer. Find a Certified used one, or one at a ford dealer, and have them Certify it, and you can get a 6 year/ 100,000 mile powertrain warranty on top of the 3/36 warranty.
Yeah, look for a certified Mustang; they have a better warranty than new ones. Also, get a GT: you should be able to find a slightly used certified 08 or 09 GT for less than $20,000 now that the economy is in the crapper. I paid 23,000 for my Candy Apple Red GT Premium last year with 8,500 miles on it. I'm sure they've come down.
A Lexus dealer cannot certify a Ford product (and vice versa). They can sell an extended warranty for the Mustang, however. The factory warranty on an 07 Mustang is 3/36 B2B, and 5/60 Powertrain. The years are calculated based on the original sale date when the car was sold new to the original owner (which could have been as early as August 2006). The miles are based on the odometer (irregardless of how many miles were on the car when it was sold new). Ford charges dealers quite a lot for each car that is certified, so expect that a certified car will cost more than an otherwise duplicate car that is not certified.
Yeah, get a CPO (certified pre owned) from a Ford dealership. How do you plan to finance it? Most lenders will generally charge a little higher interest rate on a used versus new vehicle. However, if you finance through Ford Credit, you may get a near new car rate. Just think about it and try to secure financing on your own and don't reley on the dealers lenders to get you financed.
