What's up guys and gals? This is my very first post and I'm extremely excited about the new Mustang! I have a couple of questions that I hope someone here will be able to answer.

Which is more cost effective, ordering a mustang or going to the dealership and picking one off the lot?

If I choose to order one, what are some things I need to know about ordering?

 

They should both cost about the same, no matter if you are ordering one or getting it off the lot. That is if they have the same features. You do not get charged more for ordering. You just have more of a choice in what you get. But it takes longer. So weight the options of what you want versus what is on the lots.

As far as ordering details, checkout the FAQ page about ordering. Many details there.

 

Although there should be no cost differnce, I think ordering may be cheaper.

If a dealer orders a Mustang on spec, he is likely going to sell it to the highest bidder (depending on how many cars they are allocated). This will drive the price up to MSRP, and possibly higher

 

Ordering should be cheaper because the car is already sold and bucked with a customers money. Once it gets to the dealer they just draw up the papers and its gone.
If they already have it on the lot, then they bucked it with their own money and they have a note from the bank for it until it gets sold. Interest is paid on the note for everyday it sits on the lot. That's why most dealers will add on stuff like running boards and paint sealant, striping, fabric protection etc.. so they can start at a higher price when negotiating a sale. Most of these add-ons cost the dealer very little compaired to what they have added to the sticker. It helps them recover the money they have been paying the bank on the note all that time.

 

I don't know how it works with the big dealers, but I know someone that runs a smaller used lot. You can get the best deals from her when a car has been on the lot close to 90 days.

She buys her cars by using a bank note that doesn't charge any interest for 90 days. If she sells the car before 90 days is up, she gets an interest free loan. After 90 days, she has to pay the interest that has accumulated through that time, plus however much accumulates until the car sells.

 

Oh, that's exactly what the 05 mustang is missing RUNNING BOARDS

 

You laugh, but when the card was originally in the order bank running boards were on the list.

 

A nice set of KC Daylighters on the roof would be great for those nights when you are out coon-hunting!

 

Thank guys for your responses. I think that I will order one, preferable the V6 vert.

About ordering, I checked out the FAQ page but didn't find any info on exactly how to order. Should I start by contacting a dealer or use some other method?

 

Go to the 2005 timeline and get the order guide and pricing info, pick your car with all the options along with order codes. Take this info to your dealer of choice (find one that will work with you on the price) and order your car. Make sure to tell them you want a priority code of 10. They will probably ask for a deposit so make sure it is refundable. Ask for a Vehicle Order Confirmation sheet to see if they get your order right. Also get them to send you your DORA (Dealer Order Receipt Acknowledgment) when they get it.

Next step is to wait for your VIN # and build date.

Good Luck!

 

Thanks!!!