Good day fellas. This may be a lengthy post due to im seeking informative opinion of my fellow mustang owners : ) , also i apologized in advance if this thread is posted in a wrong section. I purchased my first mustang and fell in love with it 6 months ago. By then the only Mustang GT Stick Shift 2010 + Model available in my area within 100 miles is this gorgeous 2010 GT. I got a pretty good deal on it. Anyhow, i had it oil changed today (Ford Dealer) and while waiting i saw this 2011 Mustang
GT 2011 5.0. To be honest i never had any intention of racing my car in any other form but sometimes that 5.0 and HP differential between 2010 and 2011 and up makes me wonder. (it could be a buyers remorse). i test drive it, didn't really felt the difference at that point. in short, me and the car sales man did the calculation of possible swap.
Their sticker price for 2011 GT
with 28000K miles is $ 26990.00. Is that okay?
They price my GT 2010 with 17000K miles for ONLY $ 17500
Brief comparison in my mind in getting the 2011
97 HP more (base)
Still within 36 manuf warranty
non premium wheels (17 inch)
non premium leather seat (partially leather/standard) mine comes with the visible stitching and heated seat) Mine is far good looking internally.
I purchase mine for $ 24K of the door and trade in my OZ rally Lancer for 3.5 K and of the door my initial car loan is around 21 and todays pay out is 19K.
after all negotiations they would pay of my current pay out loan and with a discount wanted the 2011 for 25,750 + CA TAX and other fees. estimated of the door price is $ 29K +
Theoretically is it worth it to add 10 K to my car loan to get this car? Geico also told me that my insurance coverage will cost more by atleast 500 in a year. Would the price, extra horse power justifies a divorce between me and the '10 GT?
FYI that is also the only mustang GT 2011 stick shift available in my area per auto trader