2011 MY order bank open date, Job #1 date & 2010 MY End Date!!!! IMPORTANT INFO!!!
12/6/09, 09:35 AM
#142
Legacy TMS Member
Hey, 05fordgt -
You sure about this??
"While the value of the cars do drop about 40-50% the 1st year, the values do climb back up a bit and then slowly decline again. Its normal.
"
The 40-50% in a 12 month period sounds WAY out there because that kind of drop has not been my experience. In the first 12 months, I have seen more like 20-30%. I am thinking you made a typo here. Thanks for any clarification!
You sure about this??
"While the value of the cars do drop about 40-50% the 1st year, the values do climb back up a bit and then slowly decline again. Its normal.
"The 40-50% in a 12 month period sounds WAY out there because that kind of drop has not been my experience. In the first 12 months, I have seen more like 20-30%. I am thinking you made a typo here. Thanks for any clarification!
12/6/09, 01:43 PM
#143
Tasca Super Boss 429 Member
You sure about this??
"While the value of the cars do drop about 40-50% the 1st year, the values do climb back up a bit and then slowly decline again. Its normal."
The 40-50% in a 12 month period sounds WAY out there because that kind of drop has not been my experience. In the first 12 months, I have seen more like 20-30%. I am thinking you made a typo here. Thanks for any clarification!
"While the value of the cars do drop about 40-50% the 1st year, the values do climb back up a bit and then slowly decline again. Its normal.
"The 40-50% in a 12 month period sounds WAY out there because that kind of drop has not been my experience. In the first 12 months, I have seen more like 20-30%. I am thinking you made a typo here. Thanks for any clarification!
But, to re-iterate my experiences...
My $30K+ 1999 Buick LeSabre was worth 15K just one year later with low miles.
My point being, it can happen.
12/6/09, 01:51 PM
#144
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The more options and bling added, the higher the drop in value. No one goes to a car dealer and asks to see the high mileage luxury vehicle that still costs an arm and a leg.
12/6/09, 07:48 PM
#145
Legacy TMS Member
Oh, I have no doubts it could happen...my question was asked because the point was phrased "while the values of cars drop...", without a qualifier that indicated a typical or average frequency, whether for the Mustang or across the industry in total.
12/6/09, 10:55 PM
#146
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I got great deal today buying new Bright red 2009 V6 fulling loaded with class roof for $19,275.00 for my mom for Chirstmas , been at my Ford local Dealership since last Oct of 08. it only have 22 miles it. plus $1,500.00 rebate to,
12/7/09, 06:53 AM
#148
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Hey, 05fordgt -
You sure about this??
"While the value of the cars do drop about 40-50% the 1st year, the values do climb back up a bit and then slowly decline again. Its normal."
The 40-50% in a 12 month period sounds WAY out there because that kind of drop has not been my experience. In the first 12 months, I have seen more like 20-30%. I am thinking you made a typo here. Thanks for any clarification!
You sure about this??
"While the value of the cars do drop about 40-50% the 1st year, the values do climb back up a bit and then slowly decline again. Its normal.
"The 40-50% in a 12 month period sounds WAY out there because that kind of drop has not been my experience. In the first 12 months, I have seen more like 20-30%. I am thinking you made a typo here. Thanks for any clarification!
12/7/09, 08:02 AM
#149
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I think I type'oed on that one Tony. Its around 30% or so, but depending on the type of car, it can be up to and over 40%. I've seen it. It all depends on the car and what the next model year has in regards to incentives, and such. For example, if someone wanted to trade in a 2009 Edge, the value is based on what a 2010 can be bought at at the time of trade, and what ever the incentives are available (either rebates or APR). Each manufacturer is different.
Last edited by IWantMyNewGT; 12/7/09 at 08:04 AM.
12/7/09, 12:53 PM
#152
Legacy TMS Member
I think I type'oed on that one Tony. Its around 30% or so, but depending on the type of car, it can be up to and over 40%. I've seen it. It all depends on the car and what the next model year has in regards to incentives, and such. For example, if someone wanted to trade in a 2009 Edge, the value is based on what a 2010 can be bought at at the time of trade, and what ever the incentives are available (either rebates or APR). Each manufacturer is different.
12/7/09, 12:54 PM
#153
Legacy TMS Member
12/7/09, 01:22 PM
#155
Legacy TMS Member
That's because the sound and the torque of a V8 are meaningful parts of my daily commuter experience...no disrespect to the upcoming powerful and highway fuel efficient V6 with 6-speed transmission, of course!
12/9/09, 09:18 AM
#156
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Yes, I am looking at some serious rebates! And regarding gas mileage, a 315 hp V8 that takes 87 octane fuel vs. 400 hp V8 that might need premium, along with what I suspect might be some drop in economy around town when I put my foot down, is enough threshold for me.
That's because the sound and the torque of a V8 are meaningful parts of my daily commuter experience...no disrespect to the upcoming powerful and highway fuel efficient V6 with 6-speed transmission, of course!
That's because the sound and the torque of a V8 are meaningful parts of my daily commuter experience...no disrespect to the upcoming powerful and highway fuel efficient V6 with 6-speed transmission, of course!
12/9/09, 09:36 AM
#157
I agree 100%, Ford has done a good job so far of keeping the fuel requirements to reg. unleaded on most of their cars. Sure, the premium wakes the car up a little more, but if you're in a pinch, regular will do. I don't suspect the 5.0 will be any different. IIRC, both the Camaro and Challenger run on regular as well, so that would be something else to consider.
12/19/09, 10:40 AM
#159
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I wouldn't say that. I just sold a 2010 Trackpack GT. 5-speed manual, security group, comfort package, standard 500W stereo, and it was just over $35K. If you want Navigation, or the glass roof (or both), yeah, it will reach $40K. But I figure a well-equipped car will still be several thousands less than $40K.
12/28/09, 11:33 AM
#160
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I wouldn't say that. I just sold a 2010 Trackpack GT. 5-speed manual, security group, comfort package, standard 500W stereo, and it was just over $35K. If you want Navigation, or the glass roof (or both), yeah, it will reach $40K. But I figure a well-equipped car will still be several thousands less than $40K.