Well i dont quite have my funds in order to buy now, but what do you think an 05 (GT, black, red interior w/IUP) will cost in about 4 years?

 

Go to Kelly Blue Book (www.kbb.com) and see what a 2003 Mustang is worth in 2004. Then go to Ford Direct (www.forddirect.com) and see what a similarly equipped 2004 is worth. Find the % difference and there's a ballpark figure to look forward to.

 

48,000 miles? = Around half of new X-plan depending on its condition of course.

 

Fords = bad resale value in almost every catagory. It's not even worth thinking about. Perhaps this one will surprise us, but I'm not going to count on it.

My 5 year old Escape XLT was $26,000 new and is worth about $10,000 today. Talk about depriciation!

 

Ford Trucks do pretty good.

How do you have a 5 yr old Escape? The first model year was 2001.

 

Typically the average car will lose half its value in the first 4 years.

 

Ford Trucks do pretty good.

How do you have a 5 yr old Escape? The first model year was 2001. [/b][/quote]
Typo, bought in Sept of '01.

 

Ford Trucks do pretty good.

How do you have a 5 yr old Escape? The first model year was 2001. [/b][/quote]
They do REAL good. One of the reasons I got my 04 F150 4x4 for $140 a month on a 2 year lease--great residual value!

I bet these stangs will have a pretty good resale value (for a mustang).

 

Hope they don't depreciate as much as my Mach. After 11 months and 11,000 miles I received trade in values ranging from $16,500 to $19,000. :notnice:

 

People do not buy mustangs for their resale value :nono:

 

Unfortunately a new Mustang is not nec. a good fiscal move, as Fords typically don't have great resale value. However, if demand for the restyled model remains reasonably strong and Ford does not have to resort to huge incentives on new ones then resale might not be too bad. But at this point it is really too early to tell.

 

Hope they don't depreciate as much as my Mach. After 11 months and 11,000 miles I received trade in values ranging from $16,500 to $19,000. :notnice: [/b][/quote]
I would guess its an 03? anyway one never could trade in a one or two year old vehicle with out loosing an arm and leg over the deal. That is why people turned to leasing. Then leasing financers turned into pigs. So now I just keep them till the lost slows down. Plus the reason not to over pay for any vehicle. Unless your money comes fast and easy.

 

Money comes in fast and easy...but it goes out faster and easier!

 

Simple...dont ever sell it! Think how you feel when you see nice 64-65 stang.Now imagine yourself in your classic 05 mustang in 2045.While everyone around you will be driving chinese electric bubble cars,you will be driving your beautiful stang still.

 

If there is still gasoline available to run it on in 2045. Maybe there will be a hydrogen fuel cell conversion by then.

 

If your even allowed to drive something that puts out EXHAUST...