How hard could it be to find a used Mustang for sale?

David S.
Update by David S. Wallens to the Ford Mustang GT project car
Nov 27, 2024 | Ford, SCCA, Ford Mustang, SCCA Club Spec

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Ford built a ton of Mustangs. And a lot of them didn’t meet our needs.

For this SCCA Club Spec Mustang build, we needed a 2005-’09 Ford Mustang GT. Hardtop. With a stick shift.

[Love at First Drive: The SCCA Club Spec Mustang class]

We put our top man on the case, Publisher Emeritus Tim Suddard, as he’d been working with Mustangs since before most of us were born.

What’d he find out there in the market? Lots of rats. Lots of automatics. Lots of modified cars.

Adding to the search challenges, we also wanted a silver, white or red car to better work with the GRM colors. We also wanted to take ownership before the upcoming PRI Show–you know, to show potential partners and friends in the biz.

Low-mileage cars that meet our desires usually had asking prices in the mid to upper teens, while high-mileage examples were listed down near $6000 or $7000.

Time to narrow down things a bit. We didn’t need the nicest Mustang out there. We simply wanted one that we’d call good enough as paint and body work can quickly get expensive–ditto major driveline work.

We looked at a local car advertised for $11,000 that sounded promising. It had the right specs but was filthy and worn-out.

Longtime $2000 Challenge entrant Jeremy Randolph then turned us onto a car that looked good on paper: a 2006 Mustang GT Premium Coupe with the five-speed box.

  • Color: red over tan
  • Mileage: 55,390
  • Title: clean.
  • Location: three hours south of us
  • Condition: stock aside from an upper strut bar and cold-air intake
  • Price: reduced to $10,500

We asked Rennie of Redline Bimmers, an old friend, to put some local eyes on it. It was as advertised, he said.

Sold.

Now to get it home and see what we really bought.

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Comments
David S. Wallens
David S. Wallens Editorial Director
11/27/24 10:24 a.m.

A few more photos from the listing:

David S. Wallens
David S. Wallens Editorial Director
11/27/24 10:24 a.m.

David S. Wallens
David S. Wallens Editorial Director
11/27/24 10:27 a.m.

 

David S. Wallens
David S. Wallens Editorial Director
11/27/24 10:27 a.m.

pinchvalve (Forum Supporter)
pinchvalve (Forum Supporter) GRM+ Memberand MegaDork
11/27/24 1:18 p.m.

I have found the same with prices, $10K - $12K seems to be the bottom for a decent example. High teens are the norm, while there are single-digit cars out there with higher miles. Might be worth taking a chance on a higher mileage, stock, clean car as the motor seems to be pretty robust. 

BmoreKeith
BmoreKeith New Reader
11/27/24 1:21 p.m.

I'm not one for Mustangs. (I'm actually a Camaro-guy.) But this class intrigues me. Rear wheel drive, manual transmission, makes V8 noises. Can unload it pretty quick when I'm done with it. And basically everything you can break is available at Rockauto.com. it's a compelling proposition. 

Tom_Spangler (Forum Supporter)
Tom_Spangler (Forum Supporter) GRM+ Memberand UltimaDork
11/27/24 4:10 p.m.
pinchvalve (Forum Supporter) said:

I have found the same with prices, $10K - $12K seems to be the bottom for a decent example. High teens are the norm, while there are single-digit cars out there with higher miles. Might be worth taking a chance on a higher mileage, stock, clean car as the motor seems to be pretty robust. 

I paid $9k for mine, bone stock, very clean, but 100k miles and in need of a suspension refresh and new tires, which it has since received, along with a tuneup and general maintenance update. Kicking around selling it in the spring, I was hoping to get around $11k, but based on what you guys paid, that may be a bit optimistic.

RacingComputers
RacingComputers GRM+ Memberand HalfDork
11/27/24 4:56 p.m.

Tom

 

$11K with the work you have done seems like a GOOD DEAL for someone

 

FWIW

David S. Wallens
David S. Wallens Editorial Director
11/28/24 3:50 p.m.

In reply to RacingComputers :

Yeah, doesn't sound out of line assuming good paint, etc. Or come join us in CSM. :)

TJL (Forum Supporter)
TJL (Forum Supporter) SuperDork
11/28/24 5:44 p.m.

Looks really nice and i think its a really fair price.  

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