June 2017 Mustang Sales

[TomcatDriver]

Often like the first 3 years for some cars. It's brutal and the main reason you see these huge rebates and 0% financing. Most people are very upside down 4-5 years into their loan and can't trade without the rebates to cover the negative equity- and a lot of times they had negative equity rolled in from their previous car. But that just perpetuates the problem for the industry.
Ford is no better or worse than Dodge or Chevy on this. Wait and see the deals people can get on leftover 17's this fall. But that will drag down the value of all the cars in that model line going back at least 3 years. It's a stupid way to do business but the banks just play along as if they don't know they own an asset that's really only worth 75% of the financed value.

Yea, that's why I keep my cars for an average of about 14 years ~180,000 miles. Not surprisingly, I've never had a problem being upside down on a car.

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[5pointOh]

the only Challengers and Chargers that hold any sort of value are the Scat Packs and above and thats dependent on the area.

 

[speedfrk]

the only Challengers and Chargers that hold any sort of value are the Scat Packs and above and thats dependent on the area.

That can be said for any of the base model Mustangs or Camaros too. Or an Impala or Taurus if comparing to a Charger. They all have horrible depreciation but it makes them great used cars to buy when they are a couple years old.

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