Dark Horse Depreciation vs GT

[AlloyPony]

Yes. With Ford financing the EB and GT are 4.99%, and the DH is 7.99%
Banks are higher.

I bet insurance rates are higher on DH also, despite the fact that performance is barely any different from standard GT, simply because of the marketing.

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[ShelbyMilk]

The insurance is in line with any other new car.

 

[Eurasianman]

For conversation sake, my 2018 subaru WRX Sport-Tech with 90,000km MSRP 36,500 CDN ordered new was written off/total loss last month. Insurance paid me out $29,995. Making it depreciate $1,000 per year.

I put 4k in mods in that was a total loss lmao no refund from insurance for stage 2+

Insurance companies typically do not cover after-market modifications. Some insurance companies have an option to cover after-market modifications, but of course, at an additional cost.

 

[roadpilot]

I bet insurance rates are higher on DH also, despite the fact that performance is barely any different from standard GT, simply because of the marketing.

I had both a GT and DH quoted. No difference, really.

 

[Upacurb]

I had both a GT and DH quoted. No difference, really.

I had the same experience going from a GT to a 350
No real difference

I think people are just making things up to make themselves feel better

 

[roadpilot]

I had the same experience going from a GT to a 350
No real difference

I think people are just making things up to make themselves feel better

Me thinks they like to open their pie holes often and hear the sound that echos out from them ...

 

[ShelbyMilk]

Here are the numbers (guideline)....

FYI my 2019 shelby depreciated like 16k in the first year back then

Year 1 - 5 (15-20k for stang in the first year) edmunds.com - cost to own

GT - $15,420 $2,285 $1,867 $2,091 $1,828 total $23,491
DH - $21,831 $3,714 $3,037 $3,404 $2,972 total $34,958

This is the argument for lease/buy when you get to high dollar cars.

Add more if you paid "markup". Every dollar is lost and taxes are added on markup also.

And if you buy at 7% for 5 years for a DH you pay @ 12k in interest. (front loaded of course)

This is why repo's are up around 20%....

Another reason cars are not investments.



Where are my keys....i need to hear the V8.

 

[Mustang Passions]

I think it depends what you want in the car. The car is my daily driver. I went to the dealership fully intent on getting a Dark Horse they had on the lot, and left with a loaded GT Premium Performance Pack.

I drove both, and that was what influenced my decision. I didn't think the dealership would let me test drive the Dark Horse but they did. After I asked for a GT test drive just to compare. Speed wise they felt the same. The GT actually has a better power-weight ratio than the DH, but you couldn't realistically feel any speed difference between them.

For me I'll never track it, so I decided to save almost 15k and get the GT which I got to use A/Z plan on. Plus the GT had some extra comforts I wanted like cooled seats and full leather vs. Alcantara in the DH and no cooled seats.

If the dealership didn't let me test drive the Dark Horse I'd have ended up with it, which is funny. But getting to drive both made me realize, for my purposes, the price difference didn't make sense. If I was going to actually track the car, though, I'd have gotten the DH and not looked back.

I'll also say if you can't use A/Z plan and are looking at a fully loaded GT vs. Dark Horse the price difference is minimal. The Dark Horse I wanted was 67k, and the sticker on my GT was almost 61k but A/Z plan knocked off almost 6k. If I couldn't use the A/Z plan I'd have just spent the extra few thousand and sprung for the DH.

As for price I was looking at about a $400/mo difference between the two cars total on payments/insurance. Didn't matter to me all that much, but again with them feeling similar enough I figured I'd get the GT and save the extra $400/mo.

They're both great cars, it just depends what you want.

That’s exactly my route.

 

[gtstang462002]

I bet insurance rates are higher on DH also, despite the fact that performance is barely any different from standard GT, simply because of the marketing.

Nope exactly the same price for insurance.

I specifically ordered the Dark Horse because I wanted the Dark Blue Ember color with the DH wing. I also don't buy cars as investments, I buy them to drive and enjoy or serve a purpose.

 

[Kevi]

If you are worried about resale value you should have got a base C8 instead of the dark horse. Those things are not depreciating at all. I couldn't see spending 70k on a car though. 45k for a GT Premium and another 10k for a whipple though and you have a GT500 for peanuts!

 

[Frogdog1]

Been researching future possible Mustangs when I trade in the future and had a question. Do you all have opinions or data on if the Dark Horse would hold a higher percentage of its MSRP when traded back in than a GT would? Debating if it is worth the extra money to go Dark Horse over GT as I use my car as a daily driver, no track use. If the Dark Horse is better financial decision in the long run. thanks!

Cars are the worst investment there is unless there is something REALLY special about them and, when a car is new, you have no idea if there is something special enough about them to affect trade in. The Dark Horse is not special enough to warrant anything other than "it's a Mustang with a manual transmission" in a dealer's eyes when traded. I would never trade in such a car, just sell it privately.

As someone else said, a manual transmission is a drawback to any dealer. They won't get anything extra from the sale of a used Dark Horse. In spite of the differences, there isn't enough differentiation from a GT to matter on a dealer's lot except when they are new and they either won't deal when selling them or will even ask a premium for them depending on location. When it comes time to trade them, none of the differences from a GT matter to a dealer.

Don't over think a future you can't predict. Just buy what you want and drive it. Money should only count when you're making the initial purchase and then only to satisfy your emotional limits on what you think you should pay. Otherwise, you will think you got gypped

There's just another opinion. Right now, there is no right or wrong answer to your quesiton.

FD

 

[GrabThatBlue]

People who care about depreciation bought the wrong car.

I didn't buy my Mustang to make profit out of it.
You guys also care about the depriciation of your TV screen or computer?

The only reason why I think many people car is because they bought the car with the money of someone else (bank).

The bank owes you more money than your car is worth.

That's why I hate loans and besides my house, I have 0 loans.

The bank gives you money and you go the easy way to buy a car. No hard work no nothing.
Just a signature and boom, you have money on your account.
You are happy with the car, but you don't really feel the hapiness of people who really saved for their goal. You just feel the happiness of easy money. After a while your car depreciates and the bank still owes you money. They owe you more than the car is worth. That's where peoplestart to worry and sell their car and start all over with another car.

Welcome to the world where people think loans are good.

Than you have those guys who always claim that getting a loan saves them money so they can "invest their own money in something that makes more money".

This loan system never benefits the people. It benefits the loan givers. Otherwise this whole loan system was not as how it is.

All slaves of the system.

If I wanted a Mustang I could have bought it 15 years ago with a loan, but I didn't. And I'm happy because of that. I did many smart things with the money that got me retired right now.

 

[Germansheperd]

If you are worried about resale value you should have got a base C8 instead of the dark horse. Those things are not depreciating at all. I couldn't see spending 70k on a car though. 45k for a GT Premium and another 10k for a whipple though and you have a GT500 for peanuts!

As a current C8 owner I disagree with this. You can buy used 1LT’s in the 50k range now.

 

[Germansheperd]

People who care about depreciation bought the wrong car.

I didn't buy my Mustang to make profit out of it.
You guys also care about the depriciation of your TV screen or computer?

The only reason why I think many people car is because they bought the car with the money of someone else (bank).

The bank owes you more money than your car is worth.

That's why I hate loans and besides my house, I have 0 loans.

The bank gives you money and you go the easy way to buy a car. No hard work no nothing.
Just a signature and boom, you have money on your account.
You are happy with the car, but you don't really feel the hapiness of people who really saved for their goal. You just feel the happiness of easy money. After a while your car depreciates and the bank still owes you money. They owe you more than the car is worth. That's where peoplestart to worry and sell their car and start all over with another car.

Welcome to the world where people think loans are good.

Than you have those guys who always claim that getting a loan saves them money so they can "invest their own money in something that makes more money".

This loan system never benefits the people. It benefits the loan givers. Otherwise this whole loan system was not as how it is.

All slaves of the system.

If I wanted a Mustang I could have bought it 15 years ago with a loan, but I didn't. And I'm happy because of that. I did many smart things with the money that got me retired right now.

I’m not very educated. I have a car loan but I paid cash for my house.

 

[Kevi]

As a current C8 owner I disagree with this. You can buy used 1LT’s in the 50k range now.

I haven't seen any lower than mid 60s. One local advertised for 61k wasn't even on the lot when I went to check it out. I think it was just a bullsh1t ad to generate foot traffic.

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