Used S197 buying guide? 06-09 'vert.


New Member
Jun 20, 2011
Leesburg VA
Is there a stangnet buying guide for the S197 - or a thread? I have not
found one just yet.

I'm looking for an 06 or 07 GT in the $20,000 US
price range. Being new to the car I'm not sure when I peer at
one what to look for?

Basic wants are easy to spot:
- manual trans
- convertible
- blue or black (I can probably spot this part ok)
- extra engine gauges (what is that called?)
- posi
- ratio? I'll be mostly just driving, probably never to the
strip or track, so 3:55? Can I tell by VIN, from the outside?
I think a lower numeric is better for me - for mpg at least,
a 4:10 not so much
- blue or black (ok I can probably spot this part ok)

Did it come with that scoop? Some have cut exhaust tips, some

And - a breakdown of "premium" etc. I've seen red seats, tan,
black, cloth and leather, side air bags, etc.

Carfax seems like a solid bet, most of my cars have been
bought new (I've never bought a used car newer
than a 1969!, that cost more than $1500 ... no carfax
needed). I've learned of OASIS as well - sound real helpful.

Can I learn by vin if it still has any warranty left? That
is unlikely on a 5 year old car ... but a warrant is a good

A number of '06 around here (DC/west) seem to be low miles enough
(under 30K) to still
have OE tires - a good sign of light driving (unless the 10.5"
deep dish were on it for those 30K miles).

The backup plan is a CS coupe, blue.

So - all pointers are appreciated. Thanks!
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New Member
Jun 20, 2011
Leesburg VA
seen at carmax ...

This car is at the local carmax ...

2007 Ford Mustang GT in Dulles, VA- 7548328 at

It has 8K Miles, and 26K is in line with kbb for this car. It is white, not a
preferred color, one major ding, and some more wear than I would expect
from an 8K car (seat leather, passenger visor well worn). Exhaust is aftermarket, and intake is stock - but not in very well, so it had a cold
air system I'm not sure how to see if it had a tune ...

But - also very nice to drive. Ragtops shake a LOT!

No apparent (to me) signs of an accident. It was HOT today, but
with the white paint, and AC, and some velocity, it is quite
comfortable. What were OE tires?


10 Year Member
Mar 30, 2005
Sounds expensive to me for a car that is now that old.
A year ago I saw a new 2010 convertible GT pretty much loaded for just over $30,000.
Shop around before buying. I am suspicious of a car that old with no more miles than that yet seems to be worn quite a bit. Does not add up.
As far as details about premium and all that, there are many sources online and on this forum.
A hood scoop was not standard. It was an option and part of some packages. A dealer can run a VIN and tell you if there is any warranty left.


Founding Member
Sep 16, 2001
Visit site
The price seems about right.

I traded my 08 gt coupe in for 18K and it was sold for 20k with 46,000 miles on it in Nov of 10.

I paid 24K for it new.

Mustangs are among the best cars as far as resale value goes.

Base Price $16,700 $18,075 $19,175 $22,400

Mileage: 30,000 $1,850 $1,850 $1,850 $1,850

Options: (add options)
Power Seat Std. Std. Std. Std.
Leather Seats $450 $450 $450 $500
GT California Pkg $1,050 $1,050 $1,050 $1,175
Shaker Stereo System $350 $350 $350 $400

TOTAL PRICE $20,400 $21,775 $22,875 $26,325*

* This Retail price is based on a clean vehicle history report . Don't make a $26,325 mistake. Get a Free VIN Check today. Find out why AutoCheck is better than Carfax.


New Member
Jun 20, 2011
Leesburg VA
The actual window sticker is pretty cool! I did not know you could get those.

In the 2006 year, I've noted that a convertible is about $3,000 more than
a comparable coupe used.

On craigslist, there is a black 2006, seems pretty nice, but it did have
a control arm replaced in Feb - maybe a snow incident? It was also
corporate - which is not bad, miles per year are pretty good. The
price is not too bad but what sort of issues could be enountered
in the future? Worn bushings, maybe a bent rim?: 06 Ford Mustang GT Premium Conv Black with Red Ltr WOW!!

This one is nice, spoiler delete, but red and tan, that seems a LOT like
a Washington Redskins fan color car - I like football, but not enough
to paint the car like a fan. Besides spoiler delete, it does still have
some warranty left on it: 2006 Ford Mustang GT Premium, $20,510 -

Perfect day for a convertible today ....
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