Who's doing what and why ?
Bullitt Member
Joined: January 31, 2010
Posts: 287
Likes: 0
From: cleveland ohio
Talk me out of this notion.
I've got a 2003 GT Convertible that I will likely trade in on a 2011. It will depreciate a certain amount from now to when I get ready to buy, probably mid Summer.
I'm thinking....with rebates and dealers probably freaking a little to get rid of 2010s, could I get a good enough deal on a 2010 now, trading in my 2003, THEN....when I'm ready to buy an '11, trade the (low mileage), 2010 in on it.
Of course, I know that new cars depreciate quicker than older cars, but could I get a good enough deal, plus the rebates, so that it would even out between the hit I'll take on losing more value on the '03 and what I'd lose on the 2010.
Does this make any sense??
BTW- I haven't had anything to drink today. Yet.
I've got a 2003 GT Convertible that I will likely trade in on a 2011. It will depreciate a certain amount from now to when I get ready to buy, probably mid Summer.
I'm thinking....with rebates and dealers probably freaking a little to get rid of 2010s, could I get a good enough deal on a 2010 now, trading in my 2003, THEN....when I'm ready to buy an '11, trade the (low mileage), 2010 in on it.
Of course, I know that new cars depreciate quicker than older cars, but could I get a good enough deal, plus the rebates, so that it would even out between the hit I'll take on losing more value on the '03 and what I'd lose on the 2010.
Does this make any sense??
BTW- I haven't had anything to drink today. Yet.
Last edited by dragstart; Feb 27, 2010 at 04:06 PM.
Tasca Super Boss 429 Member
Joined: October 12, 2004
Posts: 3,751
Likes: 1
Not a good idea! There's a reason they give you a "deal" on the 2010's! They are worth less money! 
Why not just buy a 2011 now, or when they are out? Whenever that is?
Why not just buy a 2011 now, or when they are out? Whenever that is?
Talk me out of this notion.
I've got a 2003 GT Convertible that I will likely trade in on a 2011. It will depreciate a certain amount from now to when I get ready to buy, probably mid Summer.
I'm thinking....with rebates and dealers probably freaking a little to get rid of 2010s, could I get a good enough deal on a 2010 now, trading in my 2003, THEN....when I'm ready to buy an '11, trade the (low mileage), 2010 in on it.
Of course, I know that new cars depreciate quicker than older cars, but could I get a good enough deal, plus the rebates, so that it would even out between the hit I'll take on losing more value on the '03 and what I'd lose on the 2010.
Does this make any sense??
BTW- I haven't had anything to drink today. Yet.
I've got a 2003 GT Convertible that I will likely trade in on a 2011. It will depreciate a certain amount from now to when I get ready to buy, probably mid Summer.
I'm thinking....with rebates and dealers probably freaking a little to get rid of 2010s, could I get a good enough deal on a 2010 now, trading in my 2003, THEN....when I'm ready to buy an '11, trade the (low mileage), 2010 in on it.
Of course, I know that new cars depreciate quicker than older cars, but could I get a good enough deal, plus the rebates, so that it would even out between the hit I'll take on losing more value on the '03 and what I'd lose on the 2010.
Does this make any sense??
BTW- I haven't had anything to drink today. Yet.
Very interested in a low-miles '11 5.0 w/ Brembos and manual trans...keeping my eyes open starting in November!
Or possibly holding out for a '12 BOSS if we get some firm info this summer...
Or possibly holding out for a '12 BOSS if we get some firm info this summer...
Bullitt Member
Joined: September 9, 2009
Posts: 490
Likes: 0
From: North Carolina
Talk me out of this notion.
I've got a 2003 GT Convertible that I will likely trade in on a 2011. It will depreciate a certain amount from now to when I get ready to buy, probably mid Summer.
I'm thinking....with rebates and dealers probably freaking a little to get rid of 2010s, could I get a good enough deal on a 2010 now, trading in my 2003, THEN....when I'm ready to buy an '11, trade the (low mileage), 2010 in on it.
Of course, I know that new cars depreciate quicker than older cars, but could I get a good enough deal, plus the rebates, so that it would even out between the hit I'll take on losing more value on the '03 and what I'd lose on the 2010.
Does this make any sense??
BTW- I haven't had anything to drink today. Yet.
I've got a 2003 GT Convertible that I will likely trade in on a 2011. It will depreciate a certain amount from now to when I get ready to buy, probably mid Summer.
I'm thinking....with rebates and dealers probably freaking a little to get rid of 2010s, could I get a good enough deal on a 2010 now, trading in my 2003, THEN....when I'm ready to buy an '11, trade the (low mileage), 2010 in on it.
Of course, I know that new cars depreciate quicker than older cars, but could I get a good enough deal, plus the rebates, so that it would even out between the hit I'll take on losing more value on the '03 and what I'd lose on the 2010.
Does this make any sense??
BTW- I haven't had anything to drink today. Yet.
GT Member
Joined: January 13, 2010
Posts: 184
Likes: 0
From: Michigan
Your 2003 will not depreciate very much over the next year (percentage- and dollar-wise) whereas a 2010 will depreciate significantly. Buying a 2010 now to get a 2011 later does not make fiscal sense. Either get the 2010 and be happy or wait for an '11 (or '12 or 'whatever) and be happy. Simply my $0.02.
Bullitt Member
Joined: January 31, 2010
Posts: 287
Likes: 0
From: cleveland ohio
Well, that sounds like 3-nothin so far on my reasoning. I just drove a 2010 today, and it's soooooo much cooler than the 03. Can't hardly imagine what all that extra HP and TQ will be like in the '11!!
This is all driving me crazy.
This is all driving me crazy.
GT Member
Joined: February 25, 2010
Posts: 189
Likes: 0
I went with the '10. The deals are just too nice to pass up, plus this will be my first Mustang and probably the most powerful car I've ever owned. When you add it all up, it just seemed to make more sense for me.
The '10s will probably drop in price like a rock. Once the 11s hit dealers they'll be pushing them hard. The one disadvantaged you'll have going for a '10 is not being able to choose your options. Whatever is out there is all there is now.
The '10s will probably drop in price like a rock. Once the 11s hit dealers they'll be pushing them hard. The one disadvantaged you'll have going for a '10 is not being able to choose your options. Whatever is out there is all there is now.
Cobra Member
Joined: February 10, 2005
Posts: 1,064
Likes: 0
From: New Jersey
unfortunatly i wont be able to save for a 2010 or 2011 mustang, i have no credit card debt, only have 2 car payments left on my 2005 gt and i own it. Im 24yrs old and need to finish saving for a house and other priorities and after that is set, let the fun begin again. I should be ready for a 50th anniv. hopefully.