analogman
Well-Known Member
- Joined
- Oct 26, 2014
- Threads
- 29
- Messages
- 237
- Reaction score
- 249
- Location
- Massachusetts
- Vehicle(s)
- 2015 Mustang GT PP
There are a lot of websites that can give you guidance on prices for used cars. NADA and KBB may be the most widely used. They can give you a good range for what the 'market' is. But no website or any other source can give you a formula for an exact price for any car.
Any buyer wants to get the best deal possible. The price guides should give you a reasonable range. But, the bottom line is, a car is worth what someone is willing to pay for it. There are a lot of used Mustangs out there. But how many are low mileage and with the options you want? There is some reasonable premium for low mileage and nice options, but what that should be is totally up to you.
Take a look at ads on autotrader.com and cars.com and see how many similar cars (mileage and options) are out there to give you an idea for at least what asking prices are, and how many cars like that are out there. I would get a CarFax report on any car before thinking about buying it - there are a lot of cars out there that have been in wrecks, and I personally wouldn't touch one at ANY price. Then it's up to you - how much are you willing to pay for the mileage and options?
If you keep the car for several years, I think the price you pay today will be less important than the experience you have with it, how reliable it is, and how much fun you have with it.
Any buyer wants to get the best deal possible. The price guides should give you a reasonable range. But, the bottom line is, a car is worth what someone is willing to pay for it. There are a lot of used Mustangs out there. But how many are low mileage and with the options you want? There is some reasonable premium for low mileage and nice options, but what that should be is totally up to you.
Take a look at ads on autotrader.com and cars.com and see how many similar cars (mileage and options) are out there to give you an idea for at least what asking prices are, and how many cars like that are out there. I would get a CarFax report on any car before thinking about buying it - there are a lot of cars out there that have been in wrecks, and I personally wouldn't touch one at ANY price. Then it's up to you - how much are you willing to pay for the mileage and options?
If you keep the car for several years, I think the price you pay today will be less important than the experience you have with it, how reliable it is, and how much fun you have with it.
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