Is this a good deal? Too good to pass up? - Mustang Evolution

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Old 08-24-2009, 10:00 AM   #1
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Is this a good deal? Too good to pass up?

I saw an ad for a 2005 mustang gt coupe. It only has 109,000km on it. and automatic for $13,200!

I was wondering if this was a really good deal for this vehicle. I'm supposed to wait until next year to buy a car, but if this is too good to pass up...well then I need to rethink...

Here is the rest of the details:

Rare Electric Yellow from late 05 to early 06
V6 5 Speed Automatic, with Traction Control
Roush aftermarket Side Scoops and Hood Scoop added
Factory GT rims with Pirelli Tires
Custom built dual exhausts with Flow Master Mufflers
K&N Filter with only Synthetic Oil
Tinted Windows and Electronic Rust Control
Aftermarket Aluminum Dash Kit
This is a US car that I have stored in the winters
Shown regularly at local shows
Certified and E Tested & ready to go!
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Old 08-24-2009, 10:21 AM   #2
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Is this a good deal? Too good to pass up?

Its not a GT if it has a V6. That doesn't sound like that good of a deal. I just looked at a 2006 Mustang GT convertible and they were only asking 14000 for it and it only had 52000 miles on it.
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Old 08-24-2009, 10:41 AM   #3
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Is this a good deal? Too good to pass up?

Since you mention the mileage in Kilometers, I'm assuming that you're Canadian. You might want to mention that with the difference in the us/canadian dollars, miles/km, and the differences in the markets.

It seems like a good deal, but I'm not sure of the variables that I mentioned. Remember, Mustangs are rear wheel drive, and aren't meant for snow.
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Old 08-24-2009, 11:14 AM   #4
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Is this a good deal? Too good to pass up?

Be careful here. A lot of signs here that it is not as good of a deal as you might think.

1) The 'details' say it is a V6, but you said it is a GT. The GT is not available in a V6.
Factory GT rims on a car that is not a GT? Sounds fishy to me.

2) Mileage is high....over 15K a year, which is a ton considering they are saying it was stored part of the year. Not sure I believe that it was stored in the winters.

3) With 109K km on it, a 2005 V6 stock Mustang in good condition will retail for about $11-$12K. I know it has all that other garbage added to it, but that does not increase the true value of the car. If you ever decided to get rid of it for whatever reason, no smart person will pay extra for those added options.

Personally, I wouldn't even look twice at this car. Not exotic at all, high miles for the year, and they are asking $2K over retail.

Find something else.
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