2018 GT PP1 Purchase, Thoughts?

GlitchIT28

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Hello folks. I am looking at purchasing 2018 GT 6 speed manual with 4,000 miles on the clock, looks mint, looks new. Hauls axx too when I step on it. I have been reading in these forums and elsewhere but what should I look for? Yes, it has a clean history and I put it on a rack, super clean, like new under, in, all over. It has PP1 with spoiler delete and the black 19 inch wheels.

Back in the late 80s I had a 1885.5 Mustang SVO. It was destroyed in a hail storm from Hell in 1991. So, I am looking to return the Mustang fold with this GT. What say y'all?

Thank you in advance.

JR
Did you get it? It might have been mine.
 

GlitchIT28

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It is, just noticed your location. Get it, It also has the FB intake, tune. Have a FB short shifter sitting in the garage.
 
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shogun32

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Shouldn't that 'year' variable be 3, and not 2?
depends on how you want to count it. 0.85 is the anniversary of sale or starting Jan of MY - your choice.
So Jan 2019, apply the 0.85 discount
Jan 2020 apply 0.9
Jan 2021 apply 0.9
Jan 2021 apply 0.9 (yr=3)

I personally apply the 0.85 immediately at date of sale (assuming same as MY) and 0.9 every year thereafter.

So assume car sold Jan 2018 the discount on Jan 2019 would be 0.85*0.9=0.765

I was expressing an upper-bound in the earlier posting and as such yr=2. I personally wouldn't buy it without the additional 0.9 factored in. Or damn close to it.

I don't EVER buy cars at MSRP. I cram at least 0.1 of that 0.15 time-of-sale loss onto the dealer.
 

plresultsman

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depends on how you want to count it. 0.85 is the anniversary of sale or starting Jan of MY - your choice.
So Jan 2019, apply the 0.85 discount
Jan 2020 apply 0.9
Jan 2021 apply 0.9
Jan 2021 apply 0.9 (yr=3)

I personally apply the 0.85 immediately at date of sale (assuming same as MY) and 0.9 every year thereafter.

So assume car sold Jan 2018 the discount on Jan 2019 would be 0.85*0.9=0.765

I was expressing an upper-bound in the earlier posting and as such yr=2. I personally wouldn't buy it without the additional 0.9 factored in. Or damn close to it.

I don't EVER buy cars at MSRP. I cram at least 0.1 of that 0.15 time-of-sale loss onto the dealer.
I like the approach and appreciate it. How would you account/calc sale price for $12,000 in spending by original owner for Roush Stage 1 + Magnaflow Exhaust at 5k miles on a 12k miles 2016 car? Vert 6 speed manual sticker, w/PP1, Shaker, 401A was $47,880.
 

shogun32

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I like the approach and appreciate it. How would you account/calc sale price for $12,000 in spending by original owner for Roush Stage 1 + Magnaflow Exhaust at 5k miles on a 12k miles 2016 car? Vert 6 speed manual sticker, w/PP1, Shaker, 401A was $47,880.
aftermarket mods like SC I would use x0.75 on the mod purchase price - ie. original installer takes an immediate 25 (to 30)pct hit.

So 47.88 * 0.85 = 40.7k on purchase date+1
12k * 0.75 = 9

(40.7+9) * (0.9^(2021-2016)) = 49.7 * (0.9^5) = 29.35k
add $2000 (maybe 3) for low miles = 31.3k -33k to be a little bit generous

I definitely wouldn't pay more than $35 for it.
 

plresultsman

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aftermarket mods like SC I would use x0.75 on the mod purchase price - ie. original installer takes an immediate 25 (to 30)pct hit.

So 47.88 * 0.85 = 40.7k on purchase date+1
12k * 0.75 = 9

(40.7+9) * (0.9^(2021-2016)) = 49.7 * (0.9^5) = 29.35k
add $2000 (maybe 3) for low miles = 31.3k -33k to be a little bit generous

I definitely wouldn't pay more than $35 for it.
Ok. Do your calcs hold up against reported sales prices?
 

shogun32

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Ok. Do your calcs hold up against reported sales prices?
they used to before this 2020+ insanity set in. The Supercharger stuff though is highly variable and discretionary.

You can't trust KBB/Nada values at all now ever since the distortion set in. It'll take 6 months for their values to normalize back to what it was for the last 30 years.
 
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3X4X4

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Thank you guys, each of you for your help. I have been studying Mustangs feverishly to get up to speed. Unfortunately, the insurace does not seem to be going to total my car. So, I will have the pain and aggravation of getting it fixed and selling/trading at a loss. Because I am not keeping it after this crash. I love it when a person runs a double stop sign and destroys, for my purpose, my property and I am left with the monetary loss and devaluation. But, so it goes. I will continue to study up on Mustangs for the day I am able to trade the car off. Soon I hope.

Thanks again,
J
 

jdsfly

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I would be careful, with the fragile trans, and watch out for the barbeque tick and cylinder wall scoring. If you don't need the 5.0s power or glorious V-8 sound, you might want to consider the 2.3 Ecoboost. 18'+, it makes 310HP & 350TQ and is about 200 lb lighter, most of it coming off the front end. I own an 18' Ecoboost, with the 10spd auto and don't know of any other car that regularly gets 35 mpg, calculated, and runs 13.20s in the 1/4 mile and does 0-60 mph in 5.0 secs. Also, I prefer the low RPM torque delivery of the Ecoboost vs the 5.0, but I get it, if you want the 7,000 RPM power or awesome sound of the 5.0.
Best of luck.
 

shogun32

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So, I will have the pain and aggravation of getting it fixed and selling/trading at a loss. Because I am not keeping it after this crash
must not have been that bad of a crash/damage then. What is the car in question?
Actually given the used-market insanity, you might be surprised what value you get for it. You ought to be having a diminished value discussion with your insurance company.
 

plresultsman

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they used to before this 2020+ insanity set in. The Supercharger stuff though is highly variable and discretionary.

You can't trust KBB/Nada values at all now ever since the distortion set in. It'll take 6 months for their values to normalize back to what it was for the last 30 years.
Who is the 'they' in 'they'? Seems like easy enough (famous last words), for the motivated to gather some sales data points, and rejigger the factors to make the value outputs fit with the current market. They wait for 'normal' is sounding like another 12-16 moths away from latest news & reading.
 

shogun32

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Who is the 'they' in 'they'?
my formula and it's outputs
Seems like easy enough (famous last words), for the motivated to gather some sales data points, and rejigger the factors to make the value outputs fit with the current market.
the current market is so completely unhinged from reality there is no formula that works.

They wait for 'normal' is sounding like another 12-16 moths away from latest news & reading.
I doubt it as far as used-car price timeline is concerned. You don't need 100% pre-Wuhan production rate for the used market to normalize. 70-80% is probably sufficient. we're also staring a massive economic dislocation in the face. If this 'get the jab or else' nonsense continues and people walk off the job, there will be vastly fewer people in any position to buy anything and indeed offloading their cars will considerably ease the stress in the market.

Sure dealers will cling desperately to the 2021 inflated pricing for as long as they possibly can. But eventually they can't justify sitting on a car for 60, 90, 120 days and will relent. It's already happening in some markets.
 

AMC401V8

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the current market is so completely unhinged from reality there is no formula that works.
The current market IS the current reality. It isn't in any way "unhinged" from anything. Prices are high right now, that's the current market. Basic supply and demand is controlling prices, as always.
 
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