If you can get 1.9% I would put zero down. Take that $10,000 and put it in the market or even a CD and you'd get in excess of that 1.9% which would more-than-cover the $2,000 in interest expense and even lower the cost basis of the car. At an average return of 5%, you'd generate $2,500 in...
Convertible Prices!
I wonder if the EB is really worth the extra $4,500 vs. the V6... I know that the EB includes the PP but it would be nice if we had some fuel estimates.
I read this article and found it to be interesting. I'm looking to get a '15 vert. I hope the declining trend in convertible sales will give me some bargaining power.
http://www.edmunds.com/car-news/2015-ford-mustang-convertible-is-rarity-in-dwindling-droptop-segment.html
We have a nice gathering of professionals in here.... Some people in my office look at me funny when I say I want a mustang over a BMW, Benz, Audi et al. I see a lot of value in the mustang.
I am 27 and a commercial loan portfolio manager for a publicly-traded bank. Bachelors and Master degree in Finance. I haven't order my 15 yet because I'm waiting on the order bank to open for the convertible.
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I was told my a local deal in South Florida that the order bank opens on the 20th. Convertibles can be ordered but will not ship until November. I will be at said dealer tomorrow.