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Old 10-31-2013, 03:37 PM   #1
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Help With Purchase of My First Mustang

Hi, I have been wanting to get a Mustang for a while now. I currently have a bit of cash to buy a new car (My current car is a Honda CR-V 00'). I am looking to buy a 99'-04' GT with the following reqs:
Under 120K Mileage
Preferably Coupe
Manual
Around $4K

I have been looking on cars.com and Craigslist. I found this and I feel that it's perfect: 2003 Ford Mustang "GT"

Any suggestions on whether I should go to check it out? Or where I can find more car listings that don't have high prices (auto trader/ebay)

Also in the listing he describes the car:
" The car was originally an '03 Cobra and from what I can tell from the Carfax report, the 2nd owner swapped the Cobra parts with a 99-04 GT; the car is a essentially a GT with a clear Cobra VIN and title "

I am a little skeptical about this and I emailed him about it.
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Old 11-02-2013, 07:32 AM   #2
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UPDATE: I emailed the guy and asked him a couple of questions and he replied
Quote:
1. This was my daily driver (less than 6 miles/day back and forth) but we recently bought an AWD car for the winter so a 3rd vehicle is unnecessary at this point.
2. All Cobra parts: exterior, interior, engine, tranny, IRS, were swapped out before I owned it. It is cosmetically and mechanically a Mustang GT.
3. If you are still interested, I can definitely take closer pics of what I listed and anything else you'd like to see closer. I will be available to do so later this evening.
4. Yes; you are more than welcome to take the car to a mechanic to get it checked out, provided you are paying the mechanic's fee.
I still have one concern:
It is listed as 94,600 miles; but how do I know that the engine / tranny that was swapped out had more mileage on it at the point that it was swapped?

I might be going next weekend to see the car in person and take it to a mechanic to get an inspection on it. I'll also be going with my dad.
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Old 11-02-2013, 09:56 AM   #3
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So your saying, this guy took on 03 cobra ( a TERMINATOR), a nasty nasty beast of a machine..and downgraded it to an 03 GT? Hahahaha, sorry that makes absolutely no sense
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Old 11-02-2013, 10:38 AM   #4
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Makes no sense to me either. According to the seller the previous (original) owner swapped the Cobra parts for GT parts.

I'm a little suspicious but an 03' GT with 94K miles for around $4K seems good to me.

I noticed you're from Jersey too; how much do you think I can find a Mustang that fits what I want:
GT
99'-04'
Under 120K mileage
Manual
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Old 11-02-2013, 10:47 AM   #5
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Originally Posted by andrewg358 View Post
Makes no sense to me either. According to the seller the previous (original) owner swapped the Cobra parts for GT parts. I'm a little suspicious but an 03' GT with 94K miles for around $4K seems good to me. I noticed you're from Jersey too; how much do you think I can find a Mustang that fits what I want: GT 99'-04' Under 120K mileage Manual
I overpaid a bit for mine at 103k miles, but mine was in MINT condition, brand new tr 3650 trans, brand new stage 2 clutch, had them swap every drop of fluid, car was listed at $10,500, walked out paying, 9k, butt my car is in better condition than most friends I know with 70k on the clock...gotta search around man, you will DEF save thousands going through a private seller.
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Old 11-02-2013, 10:47 AM   #6
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Quote:
Originally Posted by NJstanger View Post
So your saying, this guy took on 03 cobra ( a TERMINATOR), a nasty nasty beast of a machine..and downgraded it to an 03 GT? Hahahaha, sorry that makes absolutely no sense
+1000
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Old 11-02-2013, 10:49 AM   #7
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Would getting a Mustang that fits all those needs be possible under $4K?
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Old 11-02-2013, 10:50 AM   #8
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Originally Posted by andrewg358 View Post
Would getting a Mustang that fits all those needs be possible under $4K?
Absolutely i bet you could find one with enough searching around, especially if you look in like PA and don't mind taking a trip, keep looking bro!
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Old 11-02-2013, 10:53 AM   #9
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Alright thanks I will. I'm currently looking in Conneticut and PA craigslists. Are there other classifieds where I can search?
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Old 11-02-2013, 01:58 PM   #10
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This one seems real nice, if you can come up with a few more bucks I bet you can get him down to 5k
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Old 11-02-2013, 02:43 PM   #11
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Yea I saw that one before. I was also looking at this one:
FORD MUSTANG GT with 5 Speed Manual, LEATHER Interior
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Old 11-02-2013, 02:52 PM   #12
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Yeah I saw that one, it was really nice.
I also found the following:
2000 Ford Mustang GT
Mileage: 104,000
Blue / Tan Leather
Very clean inside and out.
The ad states
Quote:
LOADED LOADED - 2000 FORD MUSTANG GT with 104k Miles, Manual Transmission, LEATHER Interior, Mach Sound System, Alloy Wheels with NEW TIRES, Keyless Entry, Fog Lights and More. COMES with WARRANTY and Extended Warranties are Available up to 4 Years. FINANCING for GOOD, BAD and NO CREDIT. All TRADE-INS are Welcome Regardless of Year, Make. CREDIT CARDS are Accepted. CALL US Today 718-599-5599
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Old 11-02-2013, 04:53 PM   #13
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Originally Posted by andrewg358 View Post
Yeah I saw that one, it was really nice. I also found the following: 2000 Ford Mustang GT Mileage: 104,000 Blue / Tan Leather Very clean inside and out. The ad states
There ya go, but you will end up paying a few thousand more most likely because it's from a dealer not a PP, PP you can really get these cars pretty cheap now
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Old 11-02-2013, 05:46 PM   #14
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It's listed at $4950. If I could get them down to $4,000 would it be worth it?
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Old 11-02-2013, 06:15 PM   #15
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Originally Posted by andrewg358 View Post
It's listed at $4950. If I could get them down to $4,000 would it be worth it?
If it drives good yea I'd pay that...make sure steering/front end seems tight, tranny shifts smooth, clutch grabs nice, engine sounds good, go for it.
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Old 11-03-2013, 09:19 AM   #16
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So I know this is probably a silly question but what is the difference between a regular 01 GT and a GT Bullitt? I know it's from some movie & it is a collector's car. But, does it have a better engine or better control? Anything physically different?
I saw one on Craigslist with the following details:
2001 Mustang GT Bullitt
124,000 Miles
Dark Highland Green

Seller is looking for $5,850
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Old 11-03-2013, 10:28 AM   #17
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Quote:
Originally Posted by andrewg358 View Post
So I know this is probably a silly question but what is the difference between a regular 01 GT and a GT Bullitt? I know it's from some movie & it is a collector's car. But, does it have a better engine or better control? Anything physically different?
I saw one on Craigslist with the following details:
2001 Mustang GT Bullitt
124,000 Miles
Dark Highland Green

Seller is looking for $5,850
Different intake manifold (engine is rated at 10bhp more), different brakes, different springs and shocks, and then a bunch of minor interior and exterior changes
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Old 11-03-2013, 11:28 AM   #18
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Intake, grille, 3/4" lower springs, Tociko shocks/struts, special paint (on some models), subframe connectors, stock wheels are slightly different, wingless from the factory, much better interior, different gauge cluster, cool looking pedals, 13" Cobra brakes up front, special side skirts with body style mud flaps... I might be forgetting some stuff, here are some pics of my Bullitt (not stock)
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Old 11-03-2013, 11:33 AM   #19
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Alright guys thanks a lot for the information!

I contacted the first guy from Craigslist and he replied back and these are the defects with the car:
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Old 11-03-2013, 11:43 AM   #20
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Quote:
Originally Posted by Soccerluvr4 View Post
Intake, grille, 3/4" lower springs, Tociko shocks/struts, special paint (on some models), subframe connectors, stock wheels are slightly different, wingless from the factory, much better interior, different gauge cluster, cool looking pedals, 13" Cobra brakes up front, special side skirts with body style mud flaps... I might be forgetting some stuff, here are some pics of my Bullitt (not stock)
I'm pretty sure they got the rear Cobra brakes as well.
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Old 11-03-2013, 11:44 AM   #21
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If you are worried about all the scratches and oxidation you could always plasti dip it.

---------- Post added at 10:44 AM ---------- Previous post was at 10:44 AM ----------

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I'm pretty sure they got the rear Cobra brakes as well.
Probably but I'm not 100% sure
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Old 11-03-2013, 11:46 AM   #22
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If you are worried about all the scratches and oxidation you could always plasti dip it.

---------- Post added at 10:44 AM ---------- Previous post was at 10:44 AM ----------


Probably but I'm not 100% sure
The rear Cobra brakes are the same size as GT front brakes if I remember correctly
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Old 11-03-2013, 11:48 AM   #23
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If you are worried about all the scratches and oxidation you could always plasti dip it.
Not really, just wondering if those defects plus the fact that the ABS is turning on every once in a while is worth the price? It's 2003 and 94K on it. I plan on bringing him down to about 3,500 ~ 3,800

Also, if I could bring down the 2001 Bullitt with 124K on it for $5,000 would it be worth it? About a $1,500 price difference
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Old 11-03-2013, 12:50 PM   #24
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UPDATE:
Gonna call up the salesman on this car:
2000 Mustang GT
104,000
Asking Price: $4,950
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Old 11-08-2013, 06:55 PM   #25
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Not really, just wondering if those defects plus the fact that the ABS is turning on every once in a while is worth the price? It's 2003 and 94K on it. I plan on bringing him down to about 3,500 ~ 3,800 Also, if I could bring down the 2001 Bullitt with 124K on it for $5,000 would it be worth it? About a $1,500 price difference
I bought my 01 Bullitt with 138k on it for $7800, just to give you an idea. It was in good shape though, not perfect, but good.
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Old 11-08-2013, 07:18 PM   #26
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I bought my 01 Bullitt with 138k on it for $7800, just to give you an idea. It was in good shape though, not perfect, but good.
u didn't like the anthracite rims?
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Old 11-27-2013, 11:06 PM   #27
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UPDATE:

Well I'm finally going to actually go look at a Mustang in person and hopefully it'll be mine by tomorrow, wish me luck!
2003 Mustang GT
MT
130K


2003 Mustang GT 5 speed
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