Anyone considering a 2010 GT instead of a 2011 GT now?
nope
Depends where you are. A local dealer is advertising $8500 off msrp on the 10s. I'm not sure on the financing rate, but either way. Comparing MSRPs to MSRPs, it could be close, all options the same.
And to the people who bought the '10, it's still a stunning car and actually, if I was in the market for a 5.0 I would consider waiting a year or so just to see if there any first year bugs on the new motor.
Nope.
V6 to V6 there is no comparison.
GT to GT: The 2010 is a great car, especially if it is a track pack II, but there are so many intangibles that make the difference between a '10 and an '11...and slapping on a supercharger is not a cure all. The handling, steering, shifting, braking, noise and refinement all play a greater role in the long term daily enjoyment of the car than "beating a new 5.0 off the line" Not to mention resale, a $4K supercharger does not increase the value of a used car. The 5.0 will cost more up front but part of that cost will be recoverable upon resale.
V6 to V6 there is no comparison.
GT to GT: The 2010 is a great car, especially if it is a track pack II, but there are so many intangibles that make the difference between a '10 and an '11...and slapping on a supercharger is not a cure all. The handling, steering, shifting, braking, noise and refinement all play a greater role in the long term daily enjoyment of the car than "beating a new 5.0 off the line" Not to mention resale, a $4K supercharger does not increase the value of a used car. The 5.0 will cost more up front but part of that cost will be recoverable upon resale.
For new car buyers who want a brand new Mustang (let's leave used cars out of the equation for this example), the next few months offers some interesting choices. Let's look at coupes at average transaction price ranges....
1) 210 hp for $17K to $23K (10 V6).
2) 305 hp for $23K to $29K (11 V6).
3) 325 hp for $24K to $30K (10 GT).
4) 412 hp for $29K to $38K (11 GT).
5) 540 hp for $47K to $52K (10 GT500).
6) 550 hp for $49K to $54K (11 GT500).
So, pick the power that fits your budget, or provides the platform that best fits your modding plans.
1) 210 hp for $17K to $23K (10 V6).
2) 305 hp for $23K to $29K (11 V6).
3) 325 hp for $24K to $30K (10 GT).
4) 412 hp for $29K to $38K (11 GT).
5) 540 hp for $47K to $52K (10 GT500).
6) 550 hp for $49K to $54K (11 GT500).
So, pick the power that fits your budget, or provides the platform that best fits your modding plans.
Last edited by Five Oh Brian; Apr 2, 2010 at 11:48 PM.
What about a 2010.... Camaro??
j/k!!
I test drove a 2010 Mustang GT and it had good power.. but I am used to having more, so I chose to wait for the 2011 5.0 GT. Also the car did feel that it needed a 6th gear on the highway at 75 MPH, but would still be a fun daily driver. Oh and the salesman let he rag the crap out of it lol.
However it might be hard to pass over the huge saving on the 2010, when I go back to the dealer when 11's hit the lots.
j/k!! I test drove a 2010 Mustang GT and it had good power.. but I am used to having more, so I chose to wait for the 2011 5.0 GT. Also the car did feel that it needed a 6th gear on the highway at 75 MPH, but would still be a fun daily driver. Oh and the salesman let he rag the crap out of it lol.
However it might be hard to pass over the huge saving on the 2010, when I go back to the dealer when 11's hit the lots.
Some may say this is comparing apples and oranges, but I'm guessing this will be more or less the spread between resale values on the '10s and '11s in five years or so
.
Just for grins, I checked the KBB on an '04 GT vs. an '05 with the same equipment and mileage, and there is approximately a $4-$5K difference in resale values depending on condition. This is less than what I figure the spread is between a '10 and an '11 at this point.
Some may say this is comparing apples and oranges, but I'm guessing this will be more or less the spread between resale values on the '10s and '11s in five years or so
.
Some may say this is comparing apples and oranges, but I'm guessing this will be more or less the spread between resale values on the '10s and '11s in five years or so
.2004 GT retail=$9650
2005 GT retail=$15075
2004 to 2005 was a total platform change so that is not apples to apples. Compare 95 to 96 which was engine change. Ford did this same thing in past. Changes platform and kept drivetrain when 94 GT still had 5.0 and then went 4.6 later in 1996.
KBB shows 95 worth $5,000 and 96 worth $5,500.
KBB shows 95 worth $5,000 and 96 worth $5,500.
Last edited by dmhines; Apr 3, 2010 at 06:47 AM.
I understand everyone's logic that the 2010 is $10,000 less. I don't think the difference will be that great in a few months though. I think that the incentives for the 2010 are about bottomed out. Ford has done very well with getting rid of the remaining 2010s. Sure there are some straggling dealers out there with excess inventory who are banking on the average Joe not wanting to wait for the 2011 when the weather is ripe for enjoying a new car. But there are always stupid dealers who hang onto profit more than common sense. Ford doesn't care if a dealer has one or two old units in stock. That is the responsibility of the dealer to get rid of it, not only that, but it hurts their allocation on the new ones!
My biggest point is that the 2010 should be significantly less than the 2011. Not just because of the upgrades to the '11, but because ITS A YEAR OLD! That is not that big of a deal if you hang onto it for more than 5 years, but national averages dictate a vehicle is replaced every 3 1/2 years. Maybe up to 4 years with how much they cost now. I know, we are a special breed here, but not everyone loves these cars like us.
My biggest point is that the 2010 should be significantly less than the 2011. Not just because of the upgrades to the '11, but because ITS A YEAR OLD! That is not that big of a deal if you hang onto it for more than 5 years, but national averages dictate a vehicle is replaced every 3 1/2 years. Maybe up to 4 years with how much they cost now. I know, we are a special breed here, but not everyone loves these cars like us.
I registered here primarily because it seems to be THE place to discuss the '11. I've been strongly considering going with a '10 if I can find one with the right equipment, primarily because I've never had a car this powerful and as was mentioned earlier, if someone has not been "spoiled" by 300+hp, the '10 should be plenty of car. However, if I can't find the '10 I want with significant incentives to drop it WAAAY down in price, I'm waiting for the '11. It may mean a few more months of saving for a down payment to get my note where I want it, but at t his point I'm looking for a turnkey bad *** car. I'm sure I'll be happy either way. It just depends on the dealers down here. I won't pay $2-4k less than the '11 for a '10; when I'm looking at $28k versus $32k, I'd rather drop the extra coin and know I have a car that will keep me happy (and not regretful) for a looong time to come.



