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ice445

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I don't understand why some GT owners think EB owners can't afford one. When I bought my used EB I could have bought a new Z06 but I'm retiring early and used the money to by a piece of retirement property, a motorhome and will be getting a car trailer to take my now modified EB to tracks where ever I want to. It's all what your priorities are. Hell if I wanted to work another 2 years I'd buy a Carrerra 4S.
I don't think anyone really thinks that way unless they're just gatekeeping, it's not like even a well optioned GT is that expensive compared to other sports cars. If this was a discussion about a 911 Turbo versus a Cayman than sure.
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WildHorse

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I don't understand why some GT owners think EB owners can't afford one
There were some EB's on the lot that were more expensive that my base 300a GT haha.
 

Jmtoast

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There were some EB's on the lot that were more expensive that my base 300a GT haha.
Exactly... Isn't the new high performance EB like over 40k? The Shelby guys say the same thing to the GT guys... Such a stupid thing to say.
 

MustangorCamaro

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Exactly... Isn't the new high performance EB like over 40k? The Shelby guys say the same thing to the GT guys... Such a stupid thing to say.
Here's an auto under $28.5 before TTL. They had a base manual for around $26k before TTL but it sold. (Had a higher discount than this one below) I wouldn't get the HPP without the Magneride option. But if the HPP package is all you care about, $26k is a heck of a good deal.

https://www.sheehyfordgaithersburg....0a0e0adf16c802d46449f914.htm?searchDepth=8:10
 

shogun32

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love it when people include extreme amount of OT to inflate their income
uhh the 'average' salary of his job description is 150k/yr. Which I think is nuts, but then again he is holding people's very lives in his hands - he screws up, you have a cadaver on the slab.
 

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shogun32

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Dave doesn't recommend buying a new car—ever—until your net worth is more than $1 million.
good thing the industry thinks otherwise. There wouldn't be an auto market. Plus Dave is under the delusion used cars are priced correctly - 15+ years ago, sure. When new are same or cheaper and the cost of finance is nearly free, there is no argument to be made for buying used. Let the Africans and the 3rd world do that. If a car is only bare/basic transport to get to the store/job and back, then yes Dave might have a point. Yugos for all! But nobody buys a Mustang for the purposes of minimalist utilitarian transport.
 

frank s

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Problem is a EB will blow up just idling. Haha. Coyotes sound raspy cause of the firing order, & cam timing. Ever listen to a 65 Mustang 306hp / 289 cid GT350? RASPY.
Has anyone else run out of new things to say in this contest? haha


I could afford just about any Mustang I wanted, and bought new the GT PP1 on account of your usual up-manufactured versions having the "Because I can" faults built in: rough ride, too much emphasis on "mystique" and useless horsepower. Kept The GT for almost 5,000 miles and thousands in "improvements" before admitting it was more car than I needed—or wanted. It was paid for, so I was in a good position when I found the Mustang I wanted, the EB PP automatic. My years of Mustang and other-car experience all came into play in the decision, and contrary to the beliefs of some, didn't constitute a step down from the GT.
 

frank s

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Or they administer the right amount of paralytic , but not enough anesthesia. You wind up being awake through the surgery, but not able to move or speak.
Happened to my Dad. He was a different person after that. "...being awake" and feeling the pain. Ouch.
 

Bull Run

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uhh the 'average' salary of his job description is 150k/yr. Which I think is nuts, but then again he is holding people's very lives in his hands - he screws up, you have a cadaver on the slab.
Assuming he make the average, that amounts to $12.5K a month. $150K/year is a good salary and there's nothing to be ashamed about it (e.g. needing to inflate it via OT in a discussion). I'm not the type to be impressed by someone's income or wealth, but even if I am, he'll need to do much better then that, even if he manged to pull $19K every single month from now on.

good thing the industry thinks otherwise. There wouldn't be an auto market. Plus Dave is under the delusion used cars are priced correctly - 15+ years ago, sure. When new are same or cheaper and the cost of finance is nearly free, there is no argument to be made for buying used. Let the Africans and the 3rd world do that. If a car is only bare/basic transport to get to the store/job and back, then yes Dave might have a point. Yugos for all! But nobody buys a Mustang for the purposes of minimalist utilitarian transport.
That's why I listed Dave on the other extreme end. He advocates no credit card use, even if you use it for points and pay it off after every month. He also advocated buying houses with cash only, but relented and allows 15-year mortgages now. 2008 and the recent COVID crashes showed that the world runs on credit so no government or major business icons will ever endorse Dave's view.

As for the used car, there are cars that don't depreciate as fast but Mustang EBs and GTs depreciate like a rock. But there's nothing wrong with buying new cars and as you said, there won't be a used car market if no one bought new.

"When new are same or cheaper" Can you show me a case where new are same or cheaper, not counting inflated dealership prices? Why do dealers run model year end clearances if they can sell old MYs for same or higher price than new MYs?
 

Jmtoast

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ice445

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Assuming he make the average, that amounts to $12.5K a month. $150K/year is a good salary and there's nothing to be ashamed about it (e.g. needing to inflate it via OT in a discussion). I'm not the type to be impressed by someone's income or wealth, but even if I am, he'll need to do much better then that, even if he manged to pull $19K every single month from now on.



That's why I listed Dave on the other extreme end. He advocates no credit card use, even if you use it for points and pay it off after every month. He also advocated buying houses with cash only, but relented and allows 15-year mortgages now. 2008 and the recent COVID crashes showed that the world runs on credit so no government or major business icons will ever endorse Dave's view.

As for the used car, there are cars that don't depreciate as fast but Mustang EBs and GTs depreciate like a rock. But there's nothing wrong with buying new cars and as you said, there won't be a used car market if no one bought new.

"When new are same or cheaper" Can you show me a case where new are same or cheaper, not counting inflated dealership prices? Why do dealers run model year end clearances if they can sell old MYs for same or higher price than new MYs?
GT's don't depreciate as much or as quickly as the EB does unless you buy a top of the line one, but even then after you lose the 10+k initially it loses further value much more slowly. That's my main complaint about the EB, you can't give one away once you want to sell it. Used ones with lower miles are well under 20K these days. I'm not saying this to justify the purchase of a GT, but I think for a non practical car it doesn't do too bad on resale.
 

MidnightGT

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Assuming he make the average, that amounts to $12.5K a month. $150K/year is a good salary and there's nothing to be ashamed about it (e.g. needing to inflate it via OT in a discussion). I'm not the type to be impressed by someone's income or wealth, but even if I am, he'll need to do much better then that, even if he manged to pull $19K every single month from now on.



That's why I listed Dave on the other extreme end. He advocates no credit card use, even if you use it for points and pay it off after every month. He also advocated buying houses with cash only, but relented and allows 15-year mortgages now. 2008 and the recent COVID crashes showed that the world runs on credit so no government or major business icons will ever endorse Dave's view.

As for the used car, there are cars that don't depreciate as fast but Mustang EBs and GTs depreciate like a rock. But there's nothing wrong with buying new cars and as you said, there won't be a used car market if no one bought new.

"When new are same or cheaper" Can you show me a case where new are same or cheaper, not counting inflated dealership prices? Why do dealers run model year end clearances if they can sell old MYs for same or higher price than new MYs?
No HYPERINFLATED OT #’s as I simply put that I have call and OT for full disclosure, I work less than 45 hrs a week. Call yields post-call day off which I take one day a week as a requirement of my position.... And OT starts after 3pm daily.....I take no extra shifts or call besides what is required of my position.....But that’s beside the point.

#1 - I shouldn’t have insinuated that you must have a v8 to be a “car guy.”
#2 - I know people contemplate the two DUE TO THE PRICE difference often even though we can agree that it’s mostly a wash and I wasn’t throwing around “affordability“ to be demeaning or belittling but any time you mention money somebody gets in their feels, hell people on this thread have reiterated that exact point since.
#3 - I could not care less about what Dave Ramsey has to say about car affordability.
#4 - I hope we can agree to disagree and move on here.
 

Bull Run

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No HYPERINFLATED OT #’s as I simply put that I have call and OT for full disclosure, I work less than 45 hrs a week. Call yields post-call day off which I take one day a week as a requirement of my position.... And OT starts after 3pm daily.....I take no extra shifts or call besides what is required of my position.....But that’s beside the point.

#1 - I shouldn’t have insinuated that you must have a v8 to be a “car guy.”
#2 - I know people contemplate the two DUE TO THE PRICE difference often even though we can agree that it’s mostly a wash and I wasn’t throwing around “affordability“ to be demeaning or belittling but any time you mention money somebody gets in their feels, hell people on this thread have reiterated that exact point since.
#3 - I could not care less about what Dave Ramsey has to say about car affordability.
#4 - I hope we can agree to disagree and move on here.
Sounds good, I was wrong to assume that you were a typical "5.0-Bro" since you really don't sound it like more I "discuss" with you. Not sure how long you've been around the forum but it was pretty bad before as past EB vs. GT threads usually devolved into "only the poors like EB over GT", similar to "you're poor if you have a GT and live in an apartment (as in not have your "expensive" GT in an apartment)" and "you're poor if you prefer GT over GT500" threads. As for Dave, I only brought him up as a contrast to "Anyone can afford a GT if they only cared about monthly payments and 7-8 year loans" side. Most fall somewhere in between.
 

Bull Run

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GT's don't depreciate as much or as quickly as the EB does unless you buy a top of the line one, but even then after you lose the 10+k initially it loses further value much more slowly. That's my main complaint about the EB, you can't give one away once you want to sell it. Used ones with lower miles are well under 20K these days. I'm not saying this to justify the purchase of a GT, but I think for a non practical car it doesn't do too bad on resale.
Heck, you can get used EBs as low as around $16K or so nowadays. But used GTs can be had for low $20K's, too, so spreads still similar. My belief is that no one should be buying an EB or GT hoping that they don't depreciate much. Just mod and/or beat the s*!T out of them, a.k.a. drive them like they're meant to be, and move on once you're done.
 

shogun32

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"When new are same or cheaper" Can you show me a case where new are same or cheaper, not counting inflated dealership prices?
cost to buy+finance of a used car can easily be more expensive than buying a new car+finance. You see grossly inflated used prices in eg. F150. I've seen plenty of examples also where new Dodge Chargers are cheaper outright than the used prices being advertised. Same with Mazda 3 - 2019 new was cheaper than a 2019 used, same trim. They were at the same dealership no less.
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