Long Term Test - Conclusion by Edmunds

[Rice_Stang_Vroom]

http://www.edmunds.com/ford/mustang/2015/long-term-road-test/

Good read for first time Mustang buyers wanting S550.

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[Joe 5.0]

Good read!

 

[BFGT15]

Interesting - they sold to Carmax for $27,000, they paid sticker price for it, $45,490, when new 14 months ago - quite a depreciation hit.

 

[jtmat]

Interesting - they sold to Carmax for $27,000, they paid sticker price for it, $45,490, when new 14 months ago - quite a depreciation hit.

That is not what you or I would pay for it if we go to Carmax.

But I agree, that is a large chunk of change... but I'm not surprised, not even bothered. About what I'd expect... selling to a dealer.

 

[BFGT15]

They should have at least tried to sell privately, then again, they probably just needed to get rid of it quickly, move onto the next car to long-term test.

 

[Falcon01]

I've seen used GT Premiums listed for high twenties and low thirties. They write off the cost anyway, but yes they sure as hell do depreciate a lot. Not surprising considering people can get them for 6k Off MSRP.

 

[DaUnit]

Damn my heart feels heavy because of their loss...






:faint:

 

[Tcstang]

What a great read. Just makes me think of why I love this car.

 

[minjitta]

First los was paying at MSRP and second loss sell to Dealer equal big loss no surprise here.

 

[RIBS]

In addition to buying high and selling low, they also had high miles. 21k+ for a 1 model year old car is high miles when valuation is calculated.. My 42k sticker cost me 36k with all fees included. I have 5500 on mine. So theirs looks like a modded beater compared to others it might compete against in the used market.

 

[Ecoboosted]

Thanks for the link

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