Wanting one real bad..

Discussion in 'Saleen' started by Phatt_daddy, Jan 24, 2007.

  1. Phatt_daddy Member

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    My wife and I have just gotten through looking at a 07 s281 vert and I must say I want one almost as bad as she does. My questions are these.... does 67,596.00 sound about right or a little high for one that is supercharged and also on the insurance side what are they listed as? My carrier couldnt find a listing for either a Saleen s281 or a mustang Saleen s281


    Thanks,
    Nate
  2. SVT Saleen New Member

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    Not to be a smart ass, but $67,600 sounds a "little high" for any new Mustang, Saleen or otherwise. :eek:

    Seriously, regarding insurance, it may be doubtful that most common carriers would have a listing for a Saleen Mustang since it is a non-factory, specialty vehicle. You would have to educate your insurance agent on what is a Saleen & then he/she would have to determine if your carrier would provide a policy for it. They might refer to the NADA information wherein Saleens are listed separately as used cars, but I'm unsure if they also list them as new.

    I know in the case of the Saleen I purchased new in 1989, I insured it as a regular 5.0 Mustang because I didn't want to pay the outrageous premiums I anticipated the carrier would charge if they actually knew what it was. I assumed that risk & fortunately never had to file a claim. However, now with the purchase of my '98 Saleen as a used vehicle, my carrier recognized a Saleen as a specialty vehicle & offered an affordable policy since it is not a daily driven vehicle.

    I'm sure that there are new Saleen owners on this site that could provide information on how they successfully insured their vehicles.
  3. marcus95 New Member

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    Find a new 06 non supercharged car. If you go to Saleen.com and look in the dealer locator you can find a good list of Saleen dealers.

    Dealers are giving away 06 non supercharged cars for under $38k. Then spend under 5k on the blower and a couple of thousand on the hood and wing. Save for the brakes later.
  4. elburrito99 New Member

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    Good choice on the SC convertible:) . I've got an '06 and I think it's just about the perfect modern muscle car. Just from my own observations, it seems like Saleen produces a fairly small number of supercharged verts compared to the supercharged coupes and the n/a verts and coupes. Out of about ~1,550 '06 S281s that Saleen made, I'd guess less than 200 were supercharged verts.

    Getting A Good Deal:
    I'd say you have 3 ways to go.
    1. A DIY S281 SC --
    If you're going to mod your car and don't care about factory warranties or whether your car might possibly retain a higher re-sale value, then I would completely agree with Marcus95. Buying a N/A S281 and installing a Saleen (or other) supercharger is the cheaper way to go.

    2. A New Factory-Produced SC --
    If you want to retain your warranty and/or have a "true" supercharged Saleen (whatever that means and for whatever it is worth), then you have to buy a Saleen produced S281 SC.

    A new '06 SC Convertible will cost you a lot less (you might save $10k+). BUT, if you want a 465hp car with a full warranty and a safely tuned engine, you have to buy an '07model. The '06 Saleen (which is what I own) is factory tuned to 435 hp, and many owners have dynoed their 435hp stock engines and discovered dangerously lean A/F ratios (13.0 and higher). You can get the 475hp upgrade kit from Saleen, which has a safer tune (A/F of 12.0 or less), but then you possibly void your warranty on the engine. This makes no sense whatsoever, but that's how Saleen is playing it. The '07 Saleens also give you a longer Ford factory warranty on the non-modified parts of your drivetrain, since '07 Fords have a 60-month drivetrain warranty, instead of a 36-month warranty.

    If you can wait until September or October, the '07s SC convertibles will be much cheaper (perhaps $10k less) because the '08s will be hitting the floors right around then.

    3. A Used Factory-Produced S281 SC --
    You may notice that you can usually find on Ebay or performanceautosport.com a handful of almost-new used Saleens with very, very low mileage (less than 5k miles, and sometimes less than 6 months old). For instance:
    http://performanceautosport.com/detail.asp?car=5860


    Insurance:
    You need to get a "stated value" policy (where you declare the value of your car to establish the replacement value). I know Chubb and Farmers provide such coverage (at least in California), because I obtained quotes from both (Chubb being far more expensive). If you do not get a stated value policy, the insurer will simply type the VIN into their computer system, and your Saleen will come up as a Mustang GT. This will cost you a lot less, but if you insure the car as a Mustang GT, you will not get paid on the value of your Saleen if it's wrecked. Instead, you'll get paid the value of a used Mustang GT, which is substantially less than the value of a used Saleen.

    Wow, I'm happy I type fast...
  5. 2004#290 New Member

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    I don't type fast, fortunately elburrito99 said it very well, the only thing I would add is call Ron Ward at Campbell Ford Lincoln Mercury Saleen, he is great and very knowledgeable. Here is his web page and they have a few new 2006 convertible on the lot, one with the upgrade package already installed. http://www.saleenperformancedealer.com/Saleensinstock.html
  6. marcus95 New Member

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    Oh yea,


    If an authorized Saleen Dealer installs your supercharger on the car then you retain your 3/36 Saleen/Ford factory warranty.:nice:
  7. 2000xp8 Advanced Member

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    68 grand?
    No way in hell, i agree with marcus, find something NA leftover or used. I'd budget a few more dollars in for the supercharger than he suggests though, figure the kit to be 5g's, and install+custom tune to be at least another $2500.
  8. marcus95 New Member

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    Sorry,

    Yea I have too many connections in those depts.:D

    You can have a reputable shop install the new Saleen blower for $1,000. Run the Saleen tune if you are not a Hot Rodder.:D
  9. 2000xp8 Advanced Member

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    Man, by you marcus they will do it dirt cheap huh.
    Here in NJ, expect to pay around $2500-3000.
  10. dotbomb New Member

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    They all like Marcus out here. They are taking pitty on him because he's still driving his car under 4k rpm. I think he has a blue hair wig now to go along with the car.
  11. marcus95 New Member

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    Nice,

    Think I should change my name to Marge?
  12. dotbomb New Member

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    Yes, and get some dentures and knee high support hose.

    Or you could just get your blower tuned finally. Pick one.
  13. Phatt_daddy Member

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    I thought that was kinda like ripping me a new hole or something. I was just wanting to get some feedback from some true saleen owners. With me it doesn't really matter but I promised my wife that for being the first one to graduate college in her family (she is 37 and she has quite a few aunts and uncles with kids to contend with) that I would find a way to get her what she wants. She was leaning towards the premium Gt vert until I shower her the Saleens and that is what she wants. I just cant see paying that when I could get a Shelby for less.



    Nate
  14. boxerdogz New Member

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    hey phatt, check out the roush stage 3 or 427R, before you buy anything you'll be glad you did
  15. dotbomb New Member

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    67k is high for an S281 SC vert. You can config one that high probably. Really depends on the options you want.

    The Saleen website has a nice msrp quote form on it. Check it out at http://www.saleen.com/s281_sc_convt_msrp.htm

    I'd look for a 2006 s281 3valve vert and slap the supercharger on it yourself though. Dealers want to get rid of the 06 so you can get a good deal.
  16. marcus95 New Member

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    Nate,


    I hope you didn't think we were "ripping you a new hole" or something. I think we thought that is what the dealer was doing to you.

    Just take Bombs and my advise and save yourself 15k and by a non supercharged car and bolt the blower on. It's the same car minus brakes.
  17. Phatt_daddy Member

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    I thought about the Roush but so they hold the same value as a Saleen? Also I havent looked them up yet but is that a dealer car (like the Saleens, you can go to the local Ford dealer and buy one) or is this something that I have to buy and then ship to Roush or just go to a Roush specific dealer to purchase?


    Nate
  18. dotbomb New Member

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    Yes, you can buy a Roush from a Ford dealer just like a Saleen. Not all dealers sell Roush though just like not all sell Saleens.

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