How well will Mach 1's hold their value?

[sakman84]

Whew. We dodged a bullet there.

We certainly did!

According to my very unscientific spotting S650s in the wild during my everyday life "research", I see FAR fewer of those on the road than I did with S650s, more so with the GTs, very rare to see.
Apparently this observation comports with the reality of low sales figures, worst ever in fact.
https://www.motor1.com/news/746180/ford-mustang-worst-sales-year-ever/
" just 44,003 buyers last year, officially making 2024 the worst year for Mustang sales in its 60-year history."


On the issue of resale value, I was at the dealer for a brake fluid change 2 weeks ago, and every time you check your car in, what I believe to be is an automatic system texts, your phone with an offer from the dealer to buy your car.

I was offered $41,000, I don't even think they looked at my car per se, they just run it through their computer and come up with a number. This offer was based on their estimate of the car only being in "good condition", message said they "could work with manager to approve a higher number".

For reference, I bought 42 months ago back in 2021 for $55,256, recent automated offer of $41,000 that is a 29.6% loss in value over 3.5 years, for a loss of $14,256, this results in a depreciation rate of $340 per month.

Car is Blue, Premium, non elite, 6MT with Nav. ~12,500miles in SoCal. Car is in excellent condition. No wheel rash, scratches, paint chips, or wear and tear. Its still looks as good as new. Garage kept low miles.

On average for any new car you can expect to loose 30% in first two years, then 10% every year after, by that calculus I should be showing a loss of 45%, based on this latest offer it is only ~30%.

How does that compare to sports cars in general, or mustangs specifically I don't know....

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[Jimmy Dean]

We certainly did!

According to my very unscientific spotting S650s in the wild during my everyday life "research", I see FAR fewer of those on the road than I did with S650s, more so with the GTs, very rare to see.
Apparently this observation comports with the reality of low sales figures, worst ever in fact.
https://www.motor1.com/news/746180/ford-mustang-worst-sales-year-ever/
" just 44,003 buyers last year, officially making 2024 the worst year for Mustang sales in its 60-year history."


On the issue of resale value, I was at the dealer for a brake fluid change 2 weeks ago, and every time you check your car in, what I believe to be is an automatic system texts, your phone with an offer from the dealer to buy your car.

I was offered $41,000, I don't even think they looked at my car per se, they just run it through their computer and come up with a number. This offer was based on their estimate of the car only being in "good condition", message said they "could work with manager to approve a higher number".

For reference, I bought 42 months ago back in 2021 for $55,256, recent automated offer of $41,000 that is a 29.6% loss in value over 3.5 years, for a loss of $14,256, this results in a depreciation rate of $340 per month.

Car is Blue, Premium, non elite, 6MT with Nav. ~12,500miles in SoCal. Car is in excellent condition. No wheel rash, scratches, paint chips, or wear and tear. Its still looks as good as new. Garage kept low miles.

On average for any new car you can expect to loose 30% in first two years, then 10% every year after, by that calculus I should be showing a loss of 45%, based on this latest offer it is only ~30%.

How does that compare to sports cars in general, or mustangs specifically I don't know....

tbf, half the time I See a new one, at first I think I am seeing a camaro from the side.

 

[Rhyanski]

Just to let you know, here in EU, the Dark Horse that lost 50HP and comes at 450HP, being more expensive actually increased the Mach 1 value. Majority of people truly dislike the "modern" dash. I can live with the screens, but not with the finger stains on them, so for me the dash is a major NO for the DH. HOWEVER, in the next years I'm planning on importing DH from US with US specs and make it a track-only project, instead of torturing the mach 1. From my point of view, IF Ford discontinues the Mach 1 brand and do not issue a second batch of MACH-e or similar abominations, eventually the current and last Mach 1 ever generation, will potentially increase in value.

 

[Charlemagne]

Ask me in 2050.

 

[RobZ71LM7]

I'm holding on to mine for the long haul. I really like the S550 platform. I think everyone was too optimistic 3 years ago about the cars holding their value. People always seem to unrealistically expect their cars to be rare but a few aggravating factors may have been: many 2021's were cancelled, spring 2022 saw many delays in production, and finally 2023 production was not anticipated. I'm switching my Mach 1 over to cover most of my daily driving. The car is way too expensive to sit. If I ever have issues, there are plenty of low mileage, seldom driven Mach 1's for sale.

 

[Rated R]

I'd look to the S197 Boss 302 resales as an indication for future M1 value. Should have never sold my school bus yellow B302 LS but that transmission really sucked.

 

[IPOGT]

I'd look to the S197 Boss 302 resales as an indication for future M1 value. Should have never sold my school bus yellow B302 LS but that transmission really sucked.

I’m glad you said that because I really wanted a green B302.

 

[S550HPP]

Just to let you know, here in EU, the Dark Horse that lost 50HP and comes at 450HP, being more expensive actually increased the Mach 1 value. Majority of people truly dislike the "modern" dash. I can live with the screens, but not with the finger stains on them, so for me the dash is a major NO for the DH. HOWEVER, in the next years I'm planning on importing DH from US with US specs and make it a track-only project, instead of torturing the mach 1. From my point of view, IF Ford discontinues the Mach 1 brand and do not issue a second batch of MACH-e or similar abominations, eventually the current and last Mach 1 ever generation, will potentially increase in value.

At least they could have mDe them matt like budget Hyundai that have great screens

 

[Lucky13Cat]

When the price goes down a little more I’ll be buying another Mach 1. Love the car, need cyber orange to put some variety in my fun.

 

[shogun32]

The price on the new ones is just ever more insane. Saw a FJG on the road today (495/US-50 offramp, 1030am, if you're on here)

fellow lister thinks he can pry mine out of my fingers, so I did a lookup. Trade-in is still north of 47.

 

[Roady68]

I'd really like another one. I'd have one stock and the second set up for track days.

 

[Mikepol2]

The price on the new ones is just ever more insane. Saw a FJG on the road today (495/US-50 offramp, 1030am, if you're on here)

fellow lister thinks he can pry mine out of my fingers, so I did a lookup. Trade-in is still north of 47.

Hey!! Look who's back! You're just in time for my ESS install!

 

[Ohio_Pilot1980]

I was looking a 2023 FJG 6 speed in MN to trade my 23 10AT in on, the 6MT has 877 miles on it and is listed at 52300, my 2023 has 16,000 miles on it, and the dealer offered 47,000. I guess that's not too bad considering I paid 49k one year ago and 10,000mi less. As a note, I won't be trading for the MN 6MT as it has a branded title at 877mi.

 

[I Bleed Ford Blue]

Branded title? Why, what happened?

 

[SnowFox]

well, the very premise of your thread and the dozen+ like it would suggest people mistake cars for "investments' and not 'durable consumer goods'.

my 1991 Ford tempo will prove you wrong. Someday. Long after I'm dead.

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