2021 MUSTANG (S650) - 7th Generation Mustang Confirmed

foxcoupefan

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I'm looking to buy a brand new Mustang GT in the next 1 or 2 months. But with the news of the 7th generation Mustang coming out in 2022, I would like to see what it would be but waiting until 2022 at this point seems like quite a while to wait to get into a Mustang. Would it be worth waiting until early 2022 to buy the 7th generation Mustang? Or just enjoy the current Mustang?
I ran a Harley dealership for 10 years. I used to have customers come in all the time and say "I'm gonna wait until next year to see what HD has to offer". I would then say, "you should just wait for another 20 years, as I guarantee they might be flying by then". Not the nicest way to put it, but like others have said, buy it, enjoy it, and don't always believe the grass is greener.

You will love your new Mustang whatever year you get as they make you feel like a kid again! (I'm middle age, so feeling 20 is a big deal to me).





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Stonehauler

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How old is the car you have now? What about buying an older vehicle like a 15-17? If you are thinking of replacing an older vehicle, go it one now. You don't know what life will hold for you in the next 3-4 years

I will *probably* get a new mustang when it comes time to replace my current vehicle. That will probably be right around the 2022-2023 timeframe. Getting a new shiny, or one of the swan song goodies sounds like the plan for me
 

Party Rock

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How old is the car you have now? What about buying an older vehicle like a 15-17? If you are thinking of replacing an older vehicle, go it one now. You don't know what life will hold for you in the next 3-4 years

I will *probably* get a new mustang when it comes time to replace my current vehicle. That will probably be right around the 2022-2023 timeframe. Getting a new shiny, or one of the swan song goodies sounds like the plan for me
I have a 2015 Subaru STI, it's still in great condition and it runs great. I just grew tired of it after owning it for almost 5 years. Another poster mentioned about a 15-17 Mustang, but I'm looking at one with an A10 and those start in 2018. Plus, I don't want to worry about how the car was treated by the previous owner, for example if they ran it hard, raced it a lot, burnouts, modifications, already flashed the ecu, etc.
 

Stonehauler

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I see where you are coming from.

Couple more questions for you, and unsolicited advice. take it with a grain of salt.

How often do you change cars?
What's your family situation like? Married or other long term relationship? Dating around? What about kids? If you have them, what are their ages? (if they are over 18 and "out of the house" you can say no kids)
Are you already saving the max for retirement? (yeah, I know, being all practical here)

Mustangs are great for young people, middle aged folks with no kids, and older people where the kids are gone. If you have kids...hope you have another car, because once they get into their teen years, that seat in the back will be horrible for them. Also, it may seem that young kids would be no problem, but if they are not big enough for their legs to go down into the footwells, they will be kicking the back of your seat and you will feel EVERY SINGLE ONE OF THEM! There is really only a little time period during your years with kids that owning a Mustang can be even close to practical.

I can get the point about being tired of a car, but outside a house, the cars you buy are the biggest purchases you make, and they almost never go up in value (yeah, a few do, very few, and you can't really use them as a DD). If you are not already maxing out your retirement amounts, you need to think about that first. Right now, that STI is probably only going to depreciate another 2.5k or so over the next two years (https://www.edmunds.com/subaru/wrx/2015/cost-to-own/ is my source). You've already hit the big three years, where you have lost over 6.5k of your initial value. Don't be like my sister-in-laws former mother in law. She bought a nice Lexus, returned it within 6 months, only to turn around and buy the same model/year car she just returned (and yes, it was a new one), because she wanted better car payments.

Nothing wrong with a nice flash car, but you have to make sure your priorities are right and you buy smart.

If you are going to stick with your new car for 5 years or more, then go ahead and get a new one. If you are just waiting to get a 22/23, then I would suggest you get a 2018 and have Ford go over it and certify it. Just make sure it doesn't have the engine tick and make sure the warranty will last until 2023.
 

Party Rock

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I see where you are coming from.

Couple more questions for you, and unsolicited advice. take it with a grain of salt.

How often do you change cars?
What's your family situation like? Married or other long term relationship? Dating around? What about kids? If you have them, what are their ages? (if they are over 18 and "out of the house" you can say no kids)
Are you already saving the max for retirement? (yeah, I know, being all practical here)

Mustangs are great for young people, middle aged folks with no kids, and older people where the kids are gone. If you have kids...hope you have another car, because once they get into their teen years, that seat in the back will be horrible for them. Also, it may seem that young kids would be no problem, but if they are not big enough for their legs to go down into the footwells, they will be kicking the back of your seat and you will feel EVERY SINGLE ONE OF THEM! There is really only a little time period during your years with kids that owning a Mustang can be even close to practical.

I can get the point about being tired of a car, but outside a house, the cars you buy are the biggest purchases you make, and they almost never go up in value (yeah, a few do, very few, and you can't really use them as a DD). If you are not already maxing out your retirement amounts, you need to think about that first. Right now, that STI is probably only going to depreciate another 2.5k or so over the next two years (https://www.edmunds.com/subaru/wrx/2015/cost-to-own/ is my source). You've already hit the big three years, where you have lost over 6.5k of your initial value. Don't be like my sister-in-laws former mother in law. She bought a nice Lexus, returned it within 6 months, only to turn around and buy the same model/year car she just returned (and yes, it was a new one), because she wanted better car payments.

Nothing wrong with a nice flash car, but you have to make sure your priorities are right and you buy smart.

If you are going to stick with your new car for 5 years or more, then go ahead and get a new one. If you are just waiting to get a 22/23, then I would suggest you get a 2018 and have Ford go over it and certify it. Just make sure it doesn't have the engine tick and make sure the warranty will last until 2023.
I change cars every 4 to 5 years, but this was when I was still single. I just got married last year. My wife understands my interest in sports cars, and she supports my decision to buy a new Mustang. No kids yet. We do have another vehicle which is a Mazda CX-5 SUV. I’m currently not saving the max for retirement, but I am contributing to my IRA accounts every month. But I agree, maxing out for retirement is probably the better financial decision to do for my future.

I’ve read up and watched videos on the engine tick that the Mustangs have, and that is a concern for me if I intend to keep this car for 5 years or more. If I get one new, at least it has a warranty, but taking it to the dealer all the time is also a big hassle. If I get one used but certified, it’s hard to tell if the previous owner flashed the ecu since it leaves a footprint. I would hate to be denied warranty work on the engine because the previous owner flashed the ecu. But all cars have their own unique issues. The Subaru forums talk about piston ringland failure on the STI, and I was aware of this before I bought my STI. However, I have not personally met anyone else who had this issue when I would talk to other STI owners at car meets.
 

2018MUSTANGGT10R80

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One poster on you tube claims a Ford dealer told him Ford will not be building the Mustang GT 5.0 FOR MODEL YEAR 2020?
 

Twin Turbo

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One poster on you tube claims a Ford dealer told him Ford will not be building the Mustang GT 5.0 FOR MODEL YEAR 2020?
Sounds like a typically uninformed dealer. Either they really are that ignorant or just trying to ensure the sale of a '19 GT. Either way, I wouldn't buy from them on principle.
 

Simon

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One poster on you tube claims a Ford dealer told him Ford will not be building the Mustang GT 5.0 FOR MODEL YEAR 2020?
That yt poster must be pretty naive. Ford would shoot themselves in their foot if they stopped making the most iconic trim of their most iconic car. How can you even believe that for a second? :D
 

EcoVert

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One poster on you tube claims a Ford dealer told him Ford will not be building the Mustang GT 5.0 FOR MODEL YEAR 2020?
Sounds like a typically uninformed dealer. Either they really are that ignorant or just trying to ensure the sale of a '19 GT. Either way, I wouldn't buy from them on principle.
When I went to buy my Mustang I knew more about the car than anyone on the lot heck they couldn't even tell the difference between a V6, Ecoboost or a GT.
 

2018MUSTANGGT10R80

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When I went to buy my Mustang I knew more about the car than anyone on the lot heck they couldn't even tell the difference between a V6, Ecoboost or a GT.
That yt poster must be pretty naive. Ford would shoot themselves in their foot if they stopped making the most iconic trim of their most iconic car. How can you even believe that for a second? :D
Sounds like a typically uninformed dealer. Either they really are that ignorant or just trying to ensure the sale of a '19 GT. Either way, I wouldn't buy from them on principle.
I think he is full of crap too. Just relaying what he is posting and arguing with anybody that does not believe him.
 

Simon

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I think he is full of crap too. Just relaying what he is posting and arguing with anybody that does not believe him.
Got you. I just find it odd how an automotive youtuber car be spreading obviously false info. There is nothing to even steer anyone into the direction of thinking that Ford will give up the 5.0 GT.
 

2018MUSTANGGT10R80

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Got you. I just find it odd how an automotive youtuber car be spreading obviously false info. There is nothing to even steer anyone into the direction of thinking that Ford will give up the 5.0 GT.
He says it is because of all the perceived problems with the GEN 3 COYOTE that is why their will be no 2020 Mustang GT.
 

2018MUSTANGGT10R80

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I don't think so. Are you having problems with yours?
Well there have been broken shift forks on the manual transmission and a few 10R80 auto trans with problems. Plus the ticking noise and a few documented cases of cylinder wall scoring and scuffing on the GEN 3 COYOTE V8. I have yet to have any of these issues.
 

Tone Everready

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Well there have been broken shift forks on the manual transmission and a few 10R80 auto trans with problems. Plus the ticking noise and a few documented cases of cylinder wall scoring and scuffing on the GEN 3 COYOTE V8. I have yet to have any of these issues.
There are always issues with ANY make/model of car. You have to remember that people are much more likely to complain on a forum than compliment.
 

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