Is this 2017 GT350 too good to be true?

[C.J.]

Hi guys, I'm new to this forum, first post but read a lot of threads these days. I was inspired by many of the threads and eventually decided to buy a used GT350.

This 2017 GT350 (with 8K miles) has been on shift.com (https://shift.com/car/c186612) for two months and the original price was around $54,000. The price had dropped several times and yesterday it dropped to $48,200 (including $1,250 service fee of shift.com). Then I booked a test drive immediately and had the test drive today.

It has a clean carfax report and overall condition is very good. It has some small scratches on one rim, and it only has one key. And it still has 11 months Bumper to bumper warranty left. I've put a deposit and will take delivery in a few days

Considering the condition and mileage, is the price too good to be true (I'm asking because there's another GT350 with higher mileage on the same website is more expensive: https://shift.com/car/c121574)? After reading several threads in this forum, my concern is that whether this car has oil consumption or engine problem. But shift.com has 5 days return policy. Any recommendations regarding inspections to do during the first 5 days?

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[Tomster]

Any recommendations regarding inspections to do during the first 5 days?

Yes, a track weekend, then return it.

 

[Rubyred17]

Hi guys, I'm new to this forum, first post but read a lot of threads these days. I was inspired by many of the threads and eventually decided to buy a used GT350.

This 2017 GT350 (with 8K miles) has been on shift.com (https://shift.com/car/c186612) for two months and the original price was around $54,000. The price had dropped several times and yesterday it dropped to $48,200 (including $1,250 service fee of shift.com). Then I booked a test drive immediately and had the test drive today.

It has a clean carfax report and overall condition is very good. It has some small scratches on one rim, and it only has one key. And it still has 11 months Bumper to bumper warranty left. I've put a deposit and will take delivery in a few days

Considering the condition and mileage, is the price too good to be true (I'm asking because there's another GT350 with higher mileage on the same website is more expensive: https://shift.com/car/c121574)? After reading several threads in this forum, my concern is that whether this car has oil consumption or engine problem. But shift.com has 5 days return policy. Any recommendations regarding inspections to do during the first 5 days?

Take the VIN number to a Ford dealer and ask them to do a warranty review. If there were complaints about oil use (or anything else) the report will have that. Its stuff that will not make a CarFax.

 

[Nfs1000f]

If oil consumption is a concern, after picking up the car, drive it, park it for 15 minutes and check the oil level. Hopefully it is between the two marks. Then put as many hard miles on the car as you possibly can within the five days. More the better. If you can do at least 1000 miles that would be ideal. Check the oil using the same procedure as above and if you find the oil at or near the same level on the stick you’re good to go. Any significant drop (1 gt or more) could be an indication of excessive oil consumption. I believe Ford says a quart every 500 miles is acceptable, but I would think most people on this form would agree that it is not.

 

[cosmic charlie]

A quart every 500 miles? Sounds like a chain saw.

 

[JWB350R]

Hi guys, I'm new to this forum, first post but read a lot of threads these days. I was inspired by many of the threads and eventually decided to buy a used GT350.

This 2017 GT350 (with 8K miles) has been on shift.com (https://shift.com/car/c186612) for two months and the original price was around $54,000. The price had dropped several times and yesterday it dropped to $48,200 (including $1,250 service fee of shift.com). Then I booked a test drive immediately and had the test drive today.

It has a clean carfax report and overall condition is very good. It has some small scratches on one rim, and it only has one key. And it still has 11 months Bumper to bumper warranty left. I've put a deposit and will take delivery in a few days

Considering the condition and mileage, is the price too good to be true (I'm asking because there's another GT350 with higher mileage on the same website is more expensive: https://shift.com/car/c121574)? After reading several threads in this forum, my concern is that whether this car has oil consumption or engine problem. But shift.com has 5 days return policy. Any recommendations regarding inspections to do during the first 5 days?

The one key scenario always makes me wonder what happened to the second key? After all, how often do you loose a car key?

 

[GTthree50]

If oil consumption is a concern, after picking up the car, drive it, park it for 15 minutes and check the oil level. Hopefully it is between the two marks. Then put as many hard miles on the car as you possibly can within the five days. More the better. If you can do at least 1000 miles that would be ideal. Check the oil using the same procedure as above and if you find the oil at or near the same level on the stick you’re good to go. Any significant drop (1 gt or more) could be an indication of excessive oil consumption. I believe Ford says a quart every 500 miles is acceptable, but I would think most people on this form would agree that it is not.

This would be my advice as well. If you can put enough mileage on it during those a first few days you’ll be able to tell if consumption is a problem and you will get to know the car during that time. Best of luck and I hope it’s a solid ride that won’t give you headaches.

 

[Rubyred17]

The one key scenario always makes me wonder what happened to the second key? After all, how often do you loose a car key?

I used to think the same thing until we recently moved and guess what I lost in the move because my extra Jeep key was in a kitchen drawer that was packed away????
Yep- the key fob !

 

[JWB350R]

I used to think the same thing until we recently moved and guess what I lost in the move because my extra Jeep key was in a kitchen drawer that was packed away????
Yep- the key fob !

I tend to think of divorce, or repossession, as a possible cause. But that’s me.

 

[Nfs1000f]

The one key scenario always makes me wonder what happened to the second key? After all, how often do you loose a car key?

How much could it cost the dealer to replace the missing key? I think it says a lot about a dealer that would sell a car with that price point with one key. What other minor issues is the dealer passing on fixing? I would stay away for that reason.

 

[Hack]

The one key scenario always makes me wonder what happened to the second key? After all, how often do you loose a car key?

Probably the second key is somewhere "safe". So safe even the previous owner couldn't find it.

I just found my second key after nearly two years of not knowing where it was. I should say my wife found it. There was a basket near the front door that I would put keys in. She moved the basket into a storage container in the crawl space and didn't tell me. I started using the other key after looking for a very long time. I periodically looked for it over the last two years and could never find it. So - these things do happen.

 

[key01]

I have purchased my share of expensive cars used in order to take advantage of initial depreciation, but this was one of those purchases I needed to start my relationship with from ground zero. Lots of exotics and high end cars sold with one key. Repo, bank, dealer, has the other key. Price should include having to purchase a new key.

 

[GTthree50]

I owned two Porsche 911’s before buying the Shelby, both only came with one key which was unexplainable by both prior owners. Both cars were exceptional ownership experiences. A lost/missing key in these cases did not mean a troublesome car.

 

[Mspeedster]

Regarding the key, you'd be surprised, there can be any number of reasons. I once traded in a car and purposely kept one key for sentimental reasons (told the dealer the second key was lost). This was 20 years ago, when keys were simply a metal key. I still have that key, now I wish I had kept the car instead.

 

[Tomster]

Its an expensive reprogramming fee if you only have one key. You can buy the fobs on ebay for about $50, but without a second key, you cant program it. IIRC, its like $250 programming fee plus the dealer cost of the fob (which isn't going to be $50)

Chump change for some, but its still a nice dinner with the wife.

If you are serious about the car, let them eat the programming fee and second fob.

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