2024 pricing

[larietrope]

Looked away for a while from the Mustang scene and needed smelling salts when i looked in to the price of a GT premium with automatic and exhaust. Are people going to pay these prices ? I'm not. There's a limit when price and desire conflict not to mention tax and insurance.

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[erocker]

Prices are up on everything.

 

[dfwford]

Looked away for a while from the Mustang scene and needed smelling salts when i looked in to the price of a GT premium with automatic and exhaust. Are people going to pay these prices ? I'm not. There's a limit when price and desire conflict not to mention tax and insurance.

I guess I don't understand what you're hoping to accomplish with your post...

If you check the order numbers, there are plenty of people who are willing to pay these prices. If you decide the Mustang isn't for you at the current price point, that's your prerogative. But as long as other people can afford it, other people can choose to spend it (or not spend it) however they like without an explanation.

As another poster said, the prices for everything are going up. If your heart is set on possessing something, it's unlikely to get any cheaper the longer you wait.

 

[Dragster]

The price does seem like it's gone up significantly over the last several years, and we all know why. My 2015 GT PP was loaded and I think it stickered for 41K. Now, a loaded GT is basically 50% more. I have to remind myself that that car was 9 model years old though.

Sure, there are plenty of people that are willing to pay these prices, however, I recently read an article that Americans are defaulting on car loans at a record (or near record) rate, and the percentage of people with $1,000+ car payments is substantial and absurd. When you couple that with interest rates the way they are, I'm sure you'll be able to get a nice discount in due time.

 

[krisk]

Looked away for a while from the Mustang scene and needed smelling salts when i looked in to the price of a GT premium with automatic and exhaust. Are people going to pay these prices ? I'm not. There's a limit when price and desire conflict not to mention tax and insurance.

I did a post where I did a comparison of a 2019 vs 2024 identically optioned. The difference in MSRP between the two was less than inflation over the same period. I don’t understand the complaints about the new model price when it’s no more expensive proportionally.

 

[Edson8r]

I have seen in my area 2-3 base GT’s with anywhere between 2-4K off MSRP. Now I’m not sure if it’s one of those bait and switch tactics they do sometimes. So far I haven’t seen much off a premium GT besides at most 1-2K but that was only one car.

 

[roket]

I have seen in my area 2-3 base GT’s with anywhere between 2-4K off MSRP. Now I’m not sure if it’s one of those bait and switch tactics they do sometimes. So far I haven’t seen much off a premium GT besides at most 1-2K but that was only one car.

probably legit, my dealer is doing the same and honoring it

 

[Edson8r]

probably legit, my dealer is doing the same and honoring it

Probably should have waited then again I placed my order back in May, only paid MSRP, and so far no regrets

 

[agreywolfe]

depending on what numbers you want to look at it can be argued the the 2024 is sold at very reasonable prices:
2015 GT premium MSRP: 38,415

FRED index with 1-1-2015 as the base date shows modern CPI for new cars is 122.8 (22.8% higher)
2015 GT premium MSRP W/FRED adjustment: 47,173.62
2024 GT premium MSRP: 46,015

or how about:
2020 Mustang GT premium MSRP: 39,880
FRED index with 1-1-2020 as the base date shows modern CPI for new cars is 121.2 (21.2% higher)

2020 GT premium MSRP W/FRED adjustment: 48,334.56

is shit expensive? yes
is everything expensive? yes

 

[slowjim]

i paid 42k for a base gt with x plan. basically the same as a 2023 400a would have been

 

[spedy7]

Kinda expected it, but also slightly shocked too. Took a gamble after being dumb with money and went for a '23 GT or '24 pricing. '23 showed up long before '24 pricing - and a '24 with similar options would've been ~$3k more.

The price does seem like it's gone up significantly over the last several years, and we all know why. My 2015 GT PP was loaded and I think it stickered for 41K. Now, a loaded GT is basically 50% more. I have to remind myself that that car was 9 model years old though.

Sure, there are plenty of people that are willing to pay these prices, however, I recently read an article that Americans are defaulting on car loans at a record (or near record) rate, and the percentage of people with $1,000+ car payments is substantial and absurd. When you couple that with interest rates the way they are, I'm sure you'll be able to get a nice discount in due time.

And at this rate, I wonder if 10+ year finance plans home loans may be a thing eventually. Yikes.

depending on what numbers you want to look at it can be argued the the 2024 is sold at very reasonable prices:
2015 GT premium MSRP: 38,415

FRED index with 1-1-2015 as the base date shows modern CPI for new cars is 122.8 (22.8% higher)
2015 GT premium MSRP W/FRED adjustment: 47,173.62
2024 GT premium MSRP: 46,015

or how about:
2020 Mustang GT premium MSRP: 39,880
FRED index with 1-1-2020 as the base date shows modern CPI for new cars is 121.2 (21.2% higher)

2020 GT premium MSRP W/FRED adjustment: 48,334.56

is shit expensive? yes
is everything expensive? yes

I always hate these comparisons because yes, adjusted inflation price may be equal, but without average wages for each year it's a moot point IMO.

 

[JAM486HP]

Considering massive inflation on everything, supply chain issues, and a new generation MY, it is not that excessive IMO. Not to mention I ordered mine at 6% below MSRP, I can not complain

 

[Crew4991]

Looked away for a while from the Mustang scene and needed smelling salts when i looked in to the price of a GT premium with automatic and exhaust. Are people going to pay these prices ? I'm not. There's a limit when price and desire conflict not to mention tax and insurance.

Depreciation will be your friend! Give it some time.

 

[Illini4]

The new union contract will no doubt cause further increases.

 

[jamespmoran]

Looked away for a while from the Mustang scene and needed smelling salts when i looked in to the price of a GT premium with automatic and exhaust. Are people going to pay these prices ? I'm not. There's a limit when price and desire conflict not to mention tax and insurance.

So don’t buy it

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