Someone's cashing in early..

[tooley]

Look like someone is hoping to cash in on the waiting list!

http://www.classicandsportscar.com/...aiting-list-rhd-uk-v8-mustang-jan-del/4959818

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[Monty]

One of the dealers I spoke to said that he thought a fair proportion of their GT sales went to 'speculators'. Tidy profit if they get the asking price. My guess is, absolute worse case, it'll go for list price. It's not as if you have to do anything other than a bank transfer either - just send the buyer to the dealer directly. I'm sure the buyer would prefer to pick up from the garage, be the first person in the log book, and have zero (ish) miles.

 

[Travel Lad]

Off their heads if they pay that for it - mind you one born every minute and those with more money than sense.

 

[Enoch]

I certainly wouldn't pay over the odds for a Mustang......:shrug:

 

[MyMilkshake...]

He can't even get the right description 3.15 gears :L

 

[jord79]

If on the other hand you REALLY wanted a mustang over any of it's rivals AND had plenty of spare cash and didn't mind taking a hit AND it was near enough the spec you wanted, you probably would pay that to not have to wait 12 months. Although if you were that crazy about having one you probably ordered months ago anyway.

Also, it's not as if you'd have it first before anyone else.

 

[Centurion07]

Looks like it's the same guy over on Pistonheads selling a race red GT with delivery in January.

Claims he's selling because he's fed up with the wait. :wanker:

 

[McDoodle]

!)

If on the other hand you REALLY wanted a mustang over any of it's rivals AND had plenty of spare cash and didn't mind taking a hit AND it was near enough the spec you wanted, you probably would pay that to not have to wait 12 months. Although if you were that crazy about having one you probably ordered months ago anyway.

Also, it's not as if you'd have it first before anyone else.

To be fair, I think most of you are looking at this from the point of view of well informed Mustang fans. I'm planning on selling mine too - and yes, for a profit if possible - but no-one on this forum or other car enthusiasts sites is going to be buying it. You have to remember that the people active on these forums represent a tiny minority of the car buying public - 99.9% of whom probably don't even know that the Mustang is coming. Once folks start seeing them on the roads and realise that i) they look fantastic ii) they sound fantastic iii) they go pretty well iv) they're something completely different (not a hot version of an existing model) and v) they're not German, I think (hope!) there will be plenty of potential customers - I'm thinkng back to the Chrysler 300C here, an average car that was not a patch on the Mustang but because it looked different it sold pretty well. A few grand over list to miss a 9 - 12 month wait is not too bad. You pay to 'queue jump' for everything, from Alton Towers to private healthcare, so why should this be any different? ..... and if I don't sell it well oh dear, I'll just have to force myself to drive it and enjoy it - what a hardship!

 

[Centurion07]

Just because it's possible to pay to queue jump, it doesn't make it right.

There's a big difference between someone having to sell their car for personal reasons and taking advantage of the market and the speculator trying to make 8k on a car they never had any intention of driving.

It's exactly the same as ticket touts. Wankers.

 

[McDoodle]

Just because it's possible to pay to queue jump, it doesn't make it right.

There's a big difference between someone having to sell their car for personal reasons and taking advantage of the market and the speculator trying to make 8k on a car they never had any intention of driving.

It's exactly the same as ticket touts. Wankers.

Nobody is forcing people to queue jump - especially if it's for something as non-essential to life as a car or ticket. It's simple supply and demand - the basis of the capitalist economy. There are plenty of examples in life where you pay a premium for getting something more quickly and no-one bats an eyelid - the postal service being the most basic example.

Yes, I find ticket touts annoying too - but they are dealing with a scarce resource, i.e. if you want a ticket to a specific, sold-out concert then you have no choice, they have you by the short and curlys. This car, on the other hand, is not going to be made in limited numbers - so comparisons with ticket touting are a little invalid. If folks want a Mustang they can go into a Ford dealer and order one any time they like, if they can handle the 9 month wait (and crap service). Ford are going to make as many as they can sell, so anyone who orders a car will eventually get a car. Alternatively, if they don't want to wait they can pay someone a premium and avoid it. I don't have a problem with that at all.

 

[Centurion07]

Okay, maybe not EXACTLY the same but the point is they're both affecting the market in a negative way.

Both add nothing to the basic transaction but in the case of the Mustang speculator, they've taken a build slot and have increased the waiting time for genuine customers.

I know one car isn't a big deal and even if you assume that 1% of orders so far are by speculators it won't have a massive impact, but the principle is still there. You're stitching someone up to line your own pockets.

 

[Enoch]

I know one car isn't a big deal and even if you assume that 1% of orders so far are by speculators it won't have a massive impact, but the principle is still there. You're stitching someone up to line your own pockets.

What would you do if someone came up and offered say £50k for your mustang

 

[Centurion07]

Ask for another 10k. ;)

 

[tooley]

Its an interesting one for sure - in my case, I got into this a bit late (Ordered Mid October) but I wouldn't pay a premium for the Mustang, even if I have to wait another 12 months, which is looking fairly likely.
I do 25k miles a year so realistically not going to keep the Mustang long term (unless I win the lottery and get a second car). My current car, 3.0 TDI A5 is a workhorse - say what you like about German cars but it's solid. Had it from new and approaching 180000 miles now with no sign of anything going bang. I would love to think the Mustang would stay the course but having had many Fords before they all start getting a bit tired around 100k.

I could simply wait for the new A5 in April but realistically that's going to be £10k more than the Mustang and, well, it's a bit "normal" and hell, I just want a Mustang. My plan is that the £10k I save on the cost of the A5 is going on the petrol to run the thing :headbonk:

Am I crazy? yes, I probably am but I don't care :lol:

 

[Monty]

What is the actual waiting time at the moment? Many of us have been waiting a long time, but most of that was down to the fact that they weren't building them (in RHD) yet. I'd have thought it'd be 3 months, mainly taken up by the convoluted transport route. The factory would receive the order and presumably build straight away. The only thing I can think of that would cause delays is if they wanted to send in 'batches' if this meant getting the cheapest possible shipping rates. But I imagine this would be a false economy compared to the lost sales from all those people who won't a ridiculous amount of time.

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