New Mustang Resales

[MC]

I thought a few of you might be interested in this. I hear rumours of people offering silly money for a new Mustang, say, $20K more than what you paid. So I decided to type in Ford Mustang 2015 on carsales.com.au.

It turns out that there are several new Mustangs for sale, generally about $20K over the delivered price. I was really quite shocked. GTs and EBs. The last few pages are just generic dealer ads for new car sales. Most expensive is $96K for a GT 'vert: http://www.carsales.com.au/private/details/Ford-Mustang-2015/SSE-AD-3827956/?Cr=26

My question is: is anyone REALLY buying second-hand but as- or near-new Mustangs for this sort of price?

I guess we would have to monitor individual cars. My guess is that most of these must be speculation, i.e., buy it and if anyone wants to pay top dollar, good. But that means not driving it yourself very often, if at all. So what's the point of that? I am doubtful that most people would pay an extra $20K to jump the car, but you never know. An extra $10-12K seems more realistic to me.

If someone were to give me a guaranteed $18-20K for my new Mustang (if ever it arrives), I would think very seriously about taking it, then I could order a new one and spend the $20K on supercharging it, etc., something I'd not currently think about as the Mustang GT's at about the limit of my new car budget (at least as a cash purchase), although I was planning some basic mods such as making it sound like a V8 and getting rid of faux gas cap.

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[msweet]

it's an interesting situation, if someone offered me that kinda money, especially given the recent ramp-up of production, I'd seriously think about it.

then again maybe it's a lesson, wait until the camaro or corvette is announced, order as early as humanly possible, and shift it when there's a lack of supply haha

 

[MC]

it's an interesting situation, if someone offered me that kinda money, especially given the recent ramp-up of production, I'd seriously think about it.

then again maybe it's a lesson, wait until the camaro or corvette is announced, order as early as humanly possible, and shift it when there's a lack of supply haha

Yes, if there is a ramp-up that would seriously make me consider it - and wonder why I didn't order 10 . Who needs a job if you can just flip cars!!

I wonder if GM do ever go ahead with something, whether the appetite would be as great. I see some Holden folks go across to Ford because there is no Camaro (I think Corvette is a bit of a different market), but I wonder whether some of the 'generic US pony car' market has already been eaten up with Mustang's release here. I'm talking the people who have moved from Euro or Japanese sports.

 

[MustangDownUnder]

Keep in mind.... that advert was

'Last Modified 26/02/2016'

and im sure it was on there a while before that.

No doubt some of the cars which were for sale for 10K above the paid price may have sold. But that particular one for $96k has been there for months and no one has touched it.

Just because someone asks for the money does not mean any one will jump at it.
Its the same with the upgrade kits from certain local vendors.

 

[msweet]

I wonder if GM do ever go ahead with something, whether the appetite would be as great. I see some Holden folks go across to Ford because there is no Camaro .

That's me! Although I'm not strictly Holden, my dream car is still an XA GT Coupe. I wouldn't go for a Camaro though, the stang looks so much better, if I could afford a Corvette I'd be on that in a heartbeat.

Yeah Rob's right, people aren't necessarily buying at those over-inflated prices. I think Hybrid did the smart thing, if I could have it over again I'd make 7-8 on a second order, pay for a good deal of mods on my ride

 

[MC]

But that particular one for $96k has been there for months and no one has touched it.

But it won't last long at this price!! The ad even says so.

 

[Kade744]

I know of a guy who sold his GT auto fastback for 10k over what he paid to a dealer. The dealer then sold it for another 10k on top to a guy in WA

 

[MC]

That's me! Although I'm not strictly Holden, my dream car is still an XA GT Coupe. I wouldn't go for a Camaro though, the stang looks so much better, if I could afford a Corvette I'd be on that in a heartbeat.

Yeah Rob's right, people aren't necessarily buying at those over-inflated prices. I think Hybrid did the smart thing, if I could have it over again I'd make 7-8 on a second order, pay for a good deal of mods on my ride

I thought that was SSB, not Hybrid? Could be wrong. Anyway, good strategy.

Corvette in a heartbeat for me as well, if I could afford it.

 

[ssb]

I know of a guy who sold his GT auto fastback for 10k over what he paid to a dealer. The dealer then sold it for another 10k on top to a guy in WA

Everybody wins!

With the new announcement of the extra 2k of allocation for AU, I'd reckon getting ridiculous money for the Mustang is going to get much harder.
I'd think more reasonable, like $5k over retail maybe still viable.

I thought that was SSB, not Hybrid? Could be wrong. Anyway, good strategy.

Corvette in a heartbeat for me as well, if I could afford it.

Hybrid ended up ordering two because one dealer guaranteed an earlier delivery, then he sold one to help pay for some mods.

I'm still trying to convince the wife we need two - one for cruising ('vert) and one for bruising (fastback)

But realistically I'll probably get rid of one and hope to make a couple of bucks on it.
Getting in early is key! Before the price rise and the extra allocations and all that...

Here's the next one on the horizon:
http://www.drive.com.au/motor-news/2018-dodge-challenger-firming-for-oz-20160405-gnz795.html

 

[aussiebigdog]

I imagine that Ford Australia are monitoring the overpriced "used" Mustangs sales to check if the seller has another Mustang order in the system!

A number of Mustangs for sale do include the registration number!!!

 

[BroncosXR8]

I wouldn't take anything under 20k over cost for mine.
If someone was absolutely willing to stump up that cash I'd be hard pressed to refuse.


Don't know what I'd do in between though haha

 

[MustangDownUnder]

Don't know what I'd do in between though haha

Buy 20k worth of parts, and make a fort out of the boxes of parts in the lounge room

 

[jumby]

I think Id feel too emotionally attached to my yellow pony to consider selling her. Sad but true.

 

[BroncosXR8]

Buy 20k worth of parts, and make a fort out of the boxes of parts in the lounge room

Haha I love this:cheers:

But It'd have to be in the garage, because the wife wouldn't hear me pine for the Mustang for another 12 months:lol:...... especially if I took her car everyday and made her catch the bus

 

[Melbnut]

I would sell mine for 75-80 inc the mods I have done

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