How much would you be willing to lose to buy a DH?

[Junkyard Dog]

Ha! I am not sure why I did not notice that when I was comparing them.

Doh!

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[COBill]

Not a penny. I wanted a convertible and you can’t get a DH as a convertible. Further the GT is all I want. Anything faster or better handling or with more track endurance would mean rather significant changes that don’t make the car a better cruiser. It’s a very cool car, but not for me.

Honestly, if you could get the Tremec in the GT I wouldn't even be considering the DH.

 

[AZ_Ryan]

Honestly, if you could get the Tremec in the GT I wouldn't even be considering the DH.

Hmm. Thats pretty telling. Was the GT you drove a manual?

 

[AZ_Ryan]

The gear ratios are the same, they just rounded to 2 decimals for the DH and 3 decimals for the GT. Yeah, the engineer in me caught that right away.

I was gonna say...the decimals are different and rounded.

 

[Neggytive]

If I were going to take any hit over 12K, meaning I was upside down on the car for some money on the loan and some stupid amount of depreciation, I'd take the money and Whipple the car.

 

[COBill]

Not upside down, just a realization of the money lost in the transaction when you sell a $73K car a month later for $65K then get another $73K car plus you get to pay another $6K in sales taxes.

 

[Neggytive]

In MA for example any car traded in has the trade in value deducted from the new car price and you are only taxed on the difference.

What is a dealer going to do with a one month old car that has been titled and driven?

They have to process it, they have to lay out money to buy it and pay interest on the money, they have to pay a salesperson to sell it, they have to make a profit on it.

Chances are they are going to end up sitting on it, especially if they have brand new inventory of the same cars with rebates or incentives

Chances are if they have another brand dealership under the same ownership they will send the car there and hope for the best.

But the cars trade in value is going to be factored on the ability to move it.

They can do Ford Certified Pre Owned but that program costs the dealer $500 iirc

99% of people when they see a car 2 model years or newer on the lot next to current model year cars are going to opt for the new car over the used one.

Corvettes are the exception, ask McMulkin Chevy in Nashua NH, they have all sorts of low mile Vette's for sale and they move inventory to buyers all over the country.

 

[AZ_Ryan]

Not upside down, just a realization of the money lost in the transaction when you sell a $73K car a month later for $65K then get another $73K car plus you get to pay another $6K in sales taxes.

First world problems.

 

[COBill]

First world problems.

Indeed they are, right along with being able to purchase any $75K car in the first place.

 

[COBill]

In MA for example any car traded in has the trade in value deducted from the new car price and you are only taxed on the difference.

What is a dealer going to do with a one month old car that has been titled and driven?

They have to process it, they have to lay out money to buy it and pay interest on the money, they have to pay a salesperson to sell it, they have to make a profit on it.

Chances are they are going to end up sitting on it, especially if they have brand new inventory of the same cars with rebates or incentives

Chances are if they have another brand dealership under the same ownership they will send the car there and hope for the best.

But the cars trade in value is going to be factored on the ability to move it.

They can do Ford Certified Pre Owned but that program costs the dealer $500 iirc

99% of people when they see a car 2 model years or newer on the lot next to current model year cars are going to opt for the new car over the used one.

Corvettes are the exception, ask McMulkin Chevy in Nashua NH, they have all sorts of low mile Vette's for sale and they move inventory to buyers all over the country.

I'm not bemoaning the price hit, just acknowledging it.

 

[exm]

I'm buying this car to have fun for a long time, or at least until my kids are out of my house so I can buy a 2 seater. Should be around 10 years or so. Not sure why there are so many threads about Mustang's losing value when you purchase it.

 

[AZ_Ryan]

I'm buying this car to have fun for a long time, or at least until my kids are out of my house so I can buy a 2 seater. Should be around 10 years or so. Not sure why there are so many threads about Mustang's losing value when you purchase it.

Its not that they lose value. All cars do. Its HOW MUCH and HOW QUICKLY. And its a perfectly reasonable discussion topic. Look I buy my cars to keep long term as well. But life happens and sometimes you change your mind.

 

[COBill]

It's actually why I started this entire thread; I intend to keep whichever vehicle I keep for at least the next 15 years or until I'm in a pine box, whichever comes first, which is why all the hand wringing about which one.

 

[MidwayJ]

I'm buying this car to have fun for a long time, or at least until my kids are out of my house so I can buy a 2 seater.

Your kids will no longer be riding in the back seat of that Mustang well before they're out of your house. Unless you also have a plan to stunt their growth.

 

[BrakeFade]

I'd do it. You only live once and you're already debating the change.

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