2010-2014 Mustang Information on The S197 {GenII}

2011 GT Trade in value

Old Apr 12, 2012 | 07:45 AM
  #1  
CHDS PNY's Avatar
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From: Nebraska
2011 GT Trade in value

GT Premium - 25000miles

KBB tells me between 27 and 27,500, i am getting lowballed at dealers for 22-24

what are you guys seeing for values?
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Old Apr 12, 2012 | 07:57 AM
  #2  
RedCandy5.0's Avatar
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From: Rochester NY
Getting 26K but mine only has 5500, auto, premium. I do not know many dealers that use KBB. Most use the Black Book.
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Old Apr 12, 2012 | 08:06 AM
  #3  
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From: Twin Cities, MN
I used edmunds up here in MN. They seem to be more realistic on the numbers. Also with the last rental from Ford they had what they use to grade cars in it. They use three pricing places and then what they think they can sell it for. With gas prices going up I doubt good numbers for the GT's are going to be easy to get.
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Old Apr 12, 2012 | 08:33 AM
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Most financial institutions use NADA for value, so I'd suggest them over KBB. I'm curious to see what the dealers would give me for mine.
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Old Apr 12, 2012 | 09:09 AM
  #5  
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This is interesting. There is not a single 2011 GT on autotrader for less than ~$25k. Seems like that if they were offering you guys so little there would be some selling for less.

Above $25k I might as well wait till the $3k rebates come back and pick up a brand new one.
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Old Apr 12, 2012 | 09:28 AM
  #6  
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Seems like dealers use the rough/average trade in value for the car, even if the car is in mint condition. If you don't like what they offer, walk. Chances are they'll come up a bit to compromise somewhere.
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Old Apr 12, 2012 | 09:31 AM
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Ford dealers usually use black book, it says trade-in on your car is $23,585
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Old Apr 12, 2012 | 09:36 AM
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edmunds, kbb calculations are off for the mustang becuase of the early model year starts for the stangs. your 2011 is actually a 3 model year old car with 11s, 12s, and new 13s available now. where their calculations are based around the idea it is only 2MY old because it is an 11. you can find similar, projection/actual differences for most of the off cycle launches. like others said black book takes a snapshot of the auction results. some good dealers will just show you the auction report and let you see they are not BSing. That is what happened to me when i went to trade in my '10 this winter. edmunds was telling me 23 but the best offer i got was 20.
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Old Apr 12, 2012 | 10:09 AM
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CHDS PNY's Avatar
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Originally Posted by cinque35
Ford dealers usually use black book, it says trade-in on your car is $23,585
yeah thats kinda been the average, the one dealer i talked to about a 13 Premium/electronics/comfort Xplan @ 36500 wanted my car and 13grand
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Old Apr 12, 2012 | 10:20 AM
  #10  
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yeah, just shop around, some will go a little higher..
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Old Apr 12, 2012 | 10:26 AM
  #11  
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in no way do i need a new car, but i WANT the electronics and comfort pkgs lol

i am pre approved thru my bank at 4.74% for the next 45 days...so i may be shopping around
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Old Apr 12, 2012 | 10:35 AM
  #12  
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Originally Posted by CHDS PNY
in no way do i need a new car, but i WANT the electronics and comfort pkgs lol

i am pre approved thru my bank at 4.74% for the next 45 days...so i may be shopping around
This may be a stupid ?? but why didn't you get those options when you got your 2011?
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Old Apr 12, 2012 | 11:37 AM
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Originally Posted by CHDS PNY
in no way do i need a new car, but i WANT the electronics and comfort pkgs lol

i am pre approved thru my bank at 4.74% for the next 45 days...so i may be shopping around
It would probably be cheaper to add heated seats and an aftermarket head unit that integrates with Sync.

Given Ford's crappy support for the Nav units, it's probably a better idea anyway.
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Old Apr 12, 2012 | 11:50 AM
  #14  
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Originally Posted by CHDS PNY
in no way do i need a new car, but i WANT the electronics and comfort pkgs lol

i am pre approved thru my bank at 4.74% for the next 45 days...so i may be shopping around
dealer should be able to get you less than that with decent credit closer to 2-2.9
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Old Apr 12, 2012 | 11:53 AM
  #15  
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From: Down south in Dixie
Just traded a '10 GT Premium, auto, comfort package, w/14000 miles for a '13 here in North Carolina. All the sites mentioned were a little over $22,000 on the trade-in. Problem is that resale prices in my area are all over the board w/ most being below KBB and Edmunds dealer prices. So I finally settled for $20,500. With the taxes (3%) in North Carolina that's the same as $21,100 if I sold it myself. We made the deal, and I don't have the worries of selling before the new one arrives. It's extremely tough to get what we call book on trade-in's sometimes. Good luck.
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Old Apr 12, 2012 | 12:20 PM
  #16  
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I just sold my 08 GT/CS in December for $21,500....12,000 miles....it is worth your time to money to sell it outright. I am going to list my 2001 GT in the next week or so starting at $9000
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Old Apr 12, 2012 | 12:32 PM
  #17  
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About two mouths ago the banked said my trade in was 28k on my 2011
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Old Apr 12, 2012 | 07:03 PM
  #18  
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wonder what my trade in value is for my 2012
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Old Apr 12, 2012 | 07:21 PM
  #19  
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I wonder what my trade in is on a 2012 Boss with 1,700 miles?

I contacted the dealer I bought mine from, they said they are getting a 13 Boss and Shelby.

The said If I contact them with a build on a new one they will give me an idea how bad their going. To bend me over..
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Old Apr 13, 2012 | 01:44 AM
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Unreal, I traded my 2012 for a 2013 after having it for only 6 months. I got some more expensive options on the 2013 but my payments are still about the same as the 2012. I had to put another $2K down to cover the options, but I think it's actually a good deal. Try it and see what they say!
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