Is this '93 Mustang LX 5.0 convertable overpriced?? - Mustang Evolution

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Old 03-16-2010, 07:30 AM   #1
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Is this '93 Mustang LX 5.0 convertable overpriced??

the used car dealer in my neighborhood got this '93 mustang lx 5.0 triple black convertable in. the owner has been driving this around for a while as his toy, now its on the lot for sale.
he wants $8,000 for it - i kelly blue booked this under this 'suggested retail value' and it came up as $4,800 for excelent condition.
it has 134K miles and has a 5.0L v8 on it. are they overpricing this car?? it looks like its stock too..
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Old 03-16-2010, 08:18 AM   #2
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Is this '93 Mustang LX 5.0 convertable overpriced??

Yea way overpriced. WAY.

If it was SVT with under 75k. That would be the only way.
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Old 03-16-2010, 09:18 AM   #3
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Is this '93 Mustang LX 5.0 convertable overpriced??

Definitely overpricing the car at 8K. Its not even worth that with 100 miles on it( and I dont mean 100,000). Unfortunately that comes with the territory of non-franchise used car sales. If you really want the car make sure the Carfax is clean then start working the price. With these guys any price is too high if your buying a lemon or a Hurricane Katrina Special. If all seems good on the car dont be afraid to offer blue book or less if the car isnt in excellent condition. Make sure you take a good test drive and thoroughly check the car out.
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Old 03-16-2010, 09:22 AM   #4
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Is this '93 Mustang LX 5.0 convertable overpriced??

It depends on how much work he has done to it. I mean, it has 134,000 miles and that's a lot. I bought my mustang at 93,000 miles for $4,800, It was in good condition but it is a 2000. If you want to check out what that car is really worth, go to kelley blue books, and you can look up the vechicle and everything and they will tell you what that car is worth.
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Old 03-16-2010, 09:49 AM   #5
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Is this '93 Mustang LX 5.0 convertable overpriced??

Yes. Mods don't usually increase the value of a car but some people who are car enthusiasts will pay more for a modified car if they want it. That doesn't matter though if this car is stock. Fox body stangs are getting rarer though, and they are desirable...so he may get something in the neighborhood of 8k for it if he waits around long enough.
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Old 03-16-2010, 09:53 AM   #6
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Is this '93 Mustang LX 5.0 convertable overpriced??

That's far too overpriced.

You might be able to walk away with a convertible New Edge (2000-2004) Mustang for probably the same price if you can find the right seller.
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Old 03-16-2010, 10:13 AM   #7
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Is this '93 Mustang LX 5.0 convertable overpriced??

WAYYYYYY overpriced!
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Old 03-16-2010, 10:57 AM   #8
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Is this '93 Mustang LX 5.0 convertable overpriced??

yes i would pay 2000 for it
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Old 03-16-2010, 11:23 AM   #9
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Is this '93 Mustang LX 5.0 convertable overpriced??

yup, way overpriced.
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Old 03-16-2010, 11:45 AM   #10
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Is this '93 Mustang LX 5.0 convertable overpriced??

i think thats alot of money.....if blue book is saying a cheapper price its because thats the vaule of the car...i think there just trying to make extra cash off u
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Old 03-16-2010, 12:16 PM   #11
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Is this '93 Mustang LX 5.0 convertable overpriced??

YES
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Old 03-16-2010, 01:14 PM   #12
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Is this '93 Mustang LX 5.0 convertable overpriced??

hell ye they are over saling it
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