1 COBRA

OK. For the sake of argument we'll use a $43K figure which includes tax, tag, title, and the expensive car wash fee. The interest rate is based on a conservative 5.9%. A higher/lower interest rate or higher/lower sales price will of course throw this figures off.

down payment*****36 months*****48 months*****60 months

------$ 8,000-------------$1,063.30---------$820.40----------$675.15

------$13,000--------------$911.40---------$703.20----------$578.70

------$18,000--------------$759.50---------$586.00----------$482.25

------$23,000--------------$607.60---------$468.80----------$385.80

------$28,000--------------$455.70---------$351.60----------$289.35

sodaman

Well you forgot dealer added pricing. If the regular gt's are getting anywhere from 3000-9000 mark up, just imagine what mark up these are going to have, youll be lucky to get it for 60k, just my thoughts.

ArkAngelx3

And don't forget, a lot of people are doing 72 months also. I plan on doing that when i get mine.

mr-mstng

That's pretty close to what I was thinking too George.

I have seen info on 72, 84, and even 96 months!

EDIT:

up to 36 mos. 2.90%
37 to 48 mos. 4.90%
49 to 60 mos. 4.90%
61 to 72 mos. 5.50% $25,000 minimum sticker price
73 to 84 mos. 5.90% $30,000 minimum sticker price
85 to 96 mos. 5.90% $30,000 minimum sticker price

WaldenNYC

man...save and pay CASH...that would be ideal..

Justin281

43k+ is a lot of cash to have lying around and i doubt most people WANTING buying this car will have that kind of money. any estimate on insurance cost on top of monthly payemts? I live in california and to say the least gas isn't cheap and a 5.4L blown V8 isn't going to go easy on gas not to mention the urge smash the pedal quite often. This is not going to be as cheap a car as many think, thats just what i think.

slavehand

Again, I have yet to see dealer markup on any GT's, v6's, or Saleens @ my dealership. I very seriously doubt they would start on the Shelbys.

Statements like this makes me REALLY appreciate the staff and their policies at my dealership.

1 COBRA

Great idea!
I'll apply for the Columbian Cartel Vice-President of Operations job opening.

slavehand

I hear they're looking for a few pilots right now to ,um, make some "deliveries".

1 COBRA

I am getting 12/19.5 mpg on normal driving without getting on it. Ford would really impress me if the the 5.4 can equal or improve the mpg.

lodom

I think most people would be suprised at the number of higher-end cars that are paid for in cash. A lot of Corvette owners pay for their cars in cash. In my opinion, financing this car, or any other car for that matter, for 72-84 months would be a mistake. Gap insurance only goes so far.

WaldenNYC

financing a car for more than 3 years results in some heavy interest $'s

you end up paying a heck of a lot for the car.

buying it in cash..if you could..is the best way...

dke

You mentioned a lot of people don't have the cash. It depends on the age. Frankly, I don't think anyone should buy a car they couldn't afford to buy cash for. They need to save (and invest) and drive something else, until they can afford that dream car -- or they'll always be in debt. (Exceptions are of course teens first cars). But being a wise adult isn't about getting what you want, but balancing your present with some concept of your future.

I could buy more than a few of those cars -- but I'm having a tough time justifying spending that much on a car -- and on getting a car that gets 12/18mpg. My 9 year old M3 still gets 21/28 and performs well, and is a nice ride, so why not keep it a few more years, and pick up a used Cobra for $30K? Is it worth $5K/year to wait 3 years? If you are successful/secure, you don't have to prove it to everyone else.

Then the issue on financing becomes should you or shouldn't you. If I have a choice of taking a car loan at 5-6%, and keeping my stock portfolio up (with 8-14% returns), it's obviously a good idea to take the loan and not deplete savings. (Cashflow).

Frankly, I remember being in my 20s and putting too much into show and my ride. If I'd put that into good investments, I'd easily have another hundred or two hundred thousand saved up by now. (Amazing what compounding interest can do). So I keep thinking; $40K on the new Cobra.... or be able to retire 5 years earlier. (40K over 15-20 years is $300-500K). Tough choices, that I can afford to make -- but I question others who can't, choosing the car for ego...

Joes66Pony

Again, I have yet to see dealer markup on any GT's, v6's, or Saleens @ my dealership. I very seriously doubt they would start on the Shelbys.

Statements like this makes me REALLY appreciate the staff and their policies at my dealership.
[/b][/quote]

Same here. On Mustang GT's, we only charge MSRP and offer X-Plan. Plus we don't have any doc/prep fees etc on ANY of the vehicles we sell. Plus the slaesmen are not allowed to quote prices directly or make any promises...only ask what the customer's goals are and work from there.

I guess it's hard to overcome the usual stereotypes about salesmen and dealerships.