18 GT PP depreciation

[youra6]

One trick to use is the X plan to save on the doc fee. Just join SVT. You have to get the dealer to falsely raise your trade numbers for the numbers to work. He still makes the same profit and you can save another $500.
$599 doc fee in Atlanta area.

Not sure if you can take the discounts and combine it with X Plan. I would assume its a huge YMMV.

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[ScottyRyan2018]

53K for a GT is just ridiculous to begin with. Even a fully spec 'd out one should cost no where near that much.

I'm guessing you paid way less than that though. I paid 5500 under MSRP for a base GT and even I'm beginning to wonder if I overpaid.

I would not sweat it. As long as you shopped around at the time and got the best deal you could find then you did well.

Yes, usually rebates, etc go up as the model year goes along. That is the nature of the beast as they try to move inventory. But, the value of your used car (if trading) often drops as time goes by as well so even if you got a better deal off the top end, your trade value is often less as well so it usually equals out.

 

[5.0 435]

Not sure if you can take the discounts and combine it with X Plan. I would assume its a huge YMMV.

My dealer did it and it can be done. Let’s say the dealer discount price ( not including ford rebates ) is $2850 lower then the X plan price. Most of the time it will be . Then the dealer raises your trade in value by $2850. Then all the other ford rebates apply also. Mine came out to $7850 off msrp with the lower doc fee of $100. That was before 2/28 when the ford loyalty program was available. The dealer still makes the same profit. Bring up the X plan after you have negotiated your best price including trade. It works believe me or go ahead and pay the ridiculous doc fee dealers charge. The salesperson will tell you it can’t be done. ....you have to go over it with the manager
Remember you are not paying the X plan price but a substantial amount less + rebates and the $100 doc fee.

 

[2018OFPP1?2]

Not sure if you can take the discounts and combine it with X Plan. I would assume its a huge YMMV.

X plan rules allow all eligible rebates. I've purchased a couple of vehicles on x plan, and also got all the rebates I qualified for at the time.

 

[MaxHedrm]

My dealer did it and it can be done. Let’s say the dealer discount price ( not including ford rebates ) is $2850 lower then the X plan price. Most of the time it will be . Then the dealer raises your trade in value by $2850. Then all the other ford rebates apply also. Mine came out to $7850 off msrp with the lower doc fee of $100. That was before 2/28 when the ford loyalty program was available. The dealer still makes the same profit. Bring up the X plan after you have negotiated your best price including trade. It works believe me or go ahead and pay the ridiculous doc fee dealers charge. The salesperson will tell you it can’t be done. ....you have to go over it with the manager
Remember you are not paying the X plan price but a substantial amount less + rebates and the $100 doc fee.

Careful how loudly you talk about that. Manipulating the trade-in value like that might count as tax evasion since it likely gets you out of a chunk of the sales tax as well.

 

[cobra199711]

GAP?

That's why they sell G.A.P insurance.

That’s used in the event you have a total loss and upside down on the loan up to a certain percentage of ACV( typically 125-150%)..won’t help here.Unless there is another type of GAP that I’m unaware of? If so sign me up!!

 

[5.0 435]

Careful how loudly you talk about that. Manipulating the trade-in value like that might count as tax evasion since it likely gets you out of a chunk of the sales tax as well.

High school math ...... The difference between the price you pay and the trade is the same in either case. :frusty:

 

[youra6]

X plan rules allow all eligible rebates. I've purchased a couple of vehicles on x plan, and also got all the rebates I qualified for at the time.

I'm not talking about rebates, I'm referring to the normal markdowns you would normally get which is usually better than X plan. So sure you save on the doc fee but you wont save more than the huge 6-7k discounts people were getting without it.

 

[GNN60GT500]

If you don't sell your Mustang you won't lose any money. Lol just saying

 

[seth21w]

I never look at the value of my mustang, just how many more months til its paid off. I dont plan to ever sell it.

 

[5.0 435]

I'm not talking about rebates, I'm referring to the normal markdowns you would normally get which is usually better than X plan. So sure you save on the doc fee but you wont save more than the huge 6-7k discounts people were getting without it.

Please go back and read post # 33. Thanks.

 

[Hashbrownn]

I never understood the idea of buying a mass production car and complaining about the depreciating value. :lol:

It's not a collectable or exotic that would appreciate. Why even worry about something like that?

 

[NightmareMoon]

53k? Dang. I payd 16,000 less for a new loaded '16 a couple of years ago. How much of that $53k was options that dont really factor in a used car's price?

Trade in price will always be crap, you can get a lot more if did a private sale instead of a dealers low ball trade in price.

Fwiw you could have gotten a low mile GT350 for how much you paid for your '18 GT.

 

[5.0 435]

There are certain cars if bought right can help with the depreciation.
These were actual cars I bought with a trade to help eliminate the taxes in Ga
1 2005 Mustang GT first one in Atlanta and used the Zplan. Sold it 8 months later no loss
2 2005 Ford GT. Bought it new in 2009. Bankruptcy dealership. Paid $45K under sticker. Sold later made out very well. Put that money back in the market did even better
3 2016 Shelby GT 350 paid Msrp. Sold 6 months later lost nothing
4 2016 C7 conv, $8K plus $2K GM card bonus money. Traded in 7 months later got more money on trade then what I paid using Kelly Blue Book cash offer . They have blocked me from anymore cash offers
There you have it and it can be done. Those were all new cars that were HOT Except for the Ford GT ....ford motor credit just wanted to get that car off the books after 4 years.

 

[Timeless]

53k? Dang. I payd 16,000 less for a new loaded '16 a couple of years ago. How much of that $53k was options that dont really factor in a used car's price?

Trade in price will always be crap, you can get a lot more if did a private sale instead of a dealers low ball trade in price.

Fwiw you could have gotten a low mile GT350 for how much you paid for your '18 GT.

53K was the full MSRP. No one pays that on a mass produced vehicle.

He most likely paid 5-7K below that.

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