Am I the only one who thinks he is hitting the wacky weed on this one?
Judging by the mods and the mileage, this is obviously someone's baby and pricing reality tends to get lost in emotions.
sadly, the mods only dimminsh it's value to the average buyer.. would have been better to return to stock and sell the parts seperatly
Yep, but like I said, that would be logical.
Unfortunately, we are going through a similar issue with my late friends MINI. He dumped buckets of money into the car to suit his dreams. Before he passed, he thought he could sell the car for $25-30k when in reality, it might be worth somewhere in high teens (it is a Jcw with very low miles). Fortunately, his g/f who he left the car to is a little more realistic.
That seems about fair... Although reality probably means 17-18k. I would offer to buy at 16 with 18 as the limit.
FlightService wrote: 2007 Mustang GT for $21,800 Am I the only one who thinks he is hitting the wacky weed on this one?
"Yes dear, I did put the Mustang up for sale."
I think you missed the part where the kelly blue book clearly stated the car was worth even more then he is asking.
sooo, if GRMers owned this car what's the asking price and the bottom line you'd take?
<6K mi. w/ speed goodies
Yes / No.
His is uber low mileage, has tasteful mods, and looks to be in pretty impeccable condition. So while it's pricy for a 5 year old Mustang, it's a pretty damn nice Mustang.
On a side note, how do you buy a fun car and only drive it 1000 miles a year?
DILYSI Dave wrote: Yes / No. His is uber low mileage, has tasteful mods, and looks to be in pretty impeccable condition. So while it's pricy for a 5 year old Mustang, it's a pretty damn nice Mustang. On a side note, how do you buy a fun car and only drive it 1000 miles a year?
Unfortunately some Mustang owners are like that. Cobra GT500 owners are almost as bad as Corvette owners.
"No, I don't race this car. I only drive it to car shows on sunny weekends while always observing the posted speed limit."
This is what you're supposed to do with your "fun car":
RedS13Coupe wrote: I think you missed the part where the kelly blue book clearly stated the car was worth even more then he is asking.
Exactly. I don't understand the uproar. He's about dead on the money for KBB value.
http://www.kbb.com/ford/mustang/2007-ford-mustang/gt-coupe-2d/?vehicleid=83705&intent=buy-used&mileage=5000&category=coupe&condition=excellent&pricetype=private-party
unevolved wrote:RedS13Coupe wrote: I think you missed the part where the kelly blue book clearly stated the car was worth even more then he is asking.Exactly. I don't understand the uproar. He's about dead on the money for KBB value. http://www.kbb.com/ford/mustang/2007-ford-mustang/gt-coupe-2d/?vehicleid=83705&intent=buy-used&mileage=5000&category=coupe&condition=excellent&pricetype=private-party
But it's still a stock Mustank with ugly wheels. He would be better off to put some FR/GT500 knockoffs or something on it and sell the 19's separately.
mndsm wrote: Meh, it's a Mustang. It's a GT. in 10 years it'll be worth about as much as other GT's.
But in 30 years...
It is about where KBB puts it. BUT... I only paid $16k last year for my '06 GT Premium convertible with fairly low miles on it. And KBB put it at $22k.
I'm really hoping to be financially ready to pull the trigger on my Mustang around the same time gas hits $5/gallon. The prices should plummet.
DILYSI Dave wrote: On a side note, how do you buy a fun car and only drive it 1000 miles a year?
That's 4,000 trips down the dragstrip.
Appleseed wrote:DILYSI Dave wrote: On a side note, how do you buy a fun car and only drive it 1000 miles a year?That's 4,000 trips down the dragstrip.
only if it's a 1/8 mile track- you have to factor in the return road and driving thru the pits..
Chris_V wrote: It is about where KBB puts it. BUT... I only paid $16k last year for my '06 GT Premium convertible with fairly low miles on it. And KBB put it at $22k.
Yeah KBB isn't worth the electricity it takes to put it on your screen. I use it to bait people who know no better.
Now Black Book on the other hand...
BBsGarage wrote: Is it normal to accept MC and VISA these days?
You can with a 'Square' dongle, app and a smart phone.
It's getting more common to use credit cards for personal transactions.
mad_machine wrote: sadly, the mods only dimminsh it's value to the average buyer.. would have been better to return to stock and sell the parts seperatly
When I was selling my modded cars, and people said that to get the car cheaper I'd always respond with "Oh, you want a STOCK car? Those are down the street at the dealer. If you're here looking at THIS car, it's because you want these mods. And they aren't free."
Never lost money on a modded car, and I've sold over 50 of 'em. If you want a stock one, buy a stock one. Don't try to chew down the price on a modded one. To me it's no different than trying to steal the parts that were installed.
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