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Mustang GT reliability

shogun32

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I will never understand why people buy new cars fresh off the lot? It's the second-worst financial decision a MAN can make.
back in the day when used cars were PRICED like used cars, then yes. But that was also before sub-3% financing was being offered for new cars all the way out to 6 yrs.
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Jimmy

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I will never understand why people buy new cars fresh off the lot? It's the second-worst financial decision a MAN can make..., right behind getting married!
I used to think I would never buy a brand new car, and until my Mustang, had only bought used ones. Then I decided I wanted a Mustang. I tried really hard to find a used 2015+ Mustang GT that was reasonably priced. After months of searching, no luck, sellers wanted ridiculous amounts of money for them. Then last April, Ford ran an incentive where you could get almost $7000 off the price of a new Mustang, plus I was able to negotiate a further discount on top of that. Considering base 2015 GT's were selling for only about 5k less than what Ford wanted for my new 2019, I thought it made a lot of sense to pay an extra 5k for a brand new car. This is not usually the case with all cars, but the Mustang GT seems to be unique in how it depreciates.
 

13razorbackfan

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back in the day when used cars were PRICED like used cars, then yes. But that was also before sub-3% financing was being offered for new cars all the way out to 6 yrs.
I will also add, around here and even going out a 150 mile radius, a car with say 38k miles, in excellent shape appearance wise and optioned similar to a comparable new car will not be that big of a difference in price and if you have good credit right now Ford Motor Credit will give you 0% for 72 months. Just can't beat 0% and if you add up say 3 or 4 or 5% interest to a, take for example a 2017, then by the time you add the interest your basically at the price of a new one then there's 2 HUGE bonuses. The first being since it's a muscle car it's likely it was driven hard for the first 40k miles and also likely it was never broke in properly but nobody can say for certain and the second biggest thing is the new bumper to bumper warranty plus the extra 2 years and 40k mile power train warranty.

The pricing of good used vehicles has skyrocketed over the last decade at least in my region
 

NeedForGreen

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I will never understand why people buy new cars fresh off the lot? It's the second-worst financial decision a MAN can make..., right behind getting married!
I've owned used Mustangs before and lets face it, most who drive them pound them into the ground. They don't break them in properly and they just don't take care of them or maintain them properly. Most of us on this forum are in the minority.
This time I bought new....but I waited to get a better deal instead of buying when the 19s came out. I paid cash. I had it and got a good deal so why not? I can drive my car the way I want, I know its history and I can make it last as long as I possibly can.
I dont have to worry about paying interest or car payments. The one thing I do have to worry about are the crazy drivers around here.
Marriage a bad financial decision? Sounds like you're a bit bitter towards marriage. Mine sure wasnt the 2nd worst decision of my life. Mine was so simple and cost less than a grand.
My 2nd worst financial decision of my life was moving to NC for 9 months before saying this sucks and moving back.
 

13razorbackfan

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I used to think I would never buy a brand new car, and until my Mustang, had only bought used ones. Then I decided I wanted a Mustang. I tried really hard to find a used 2015+ Mustang GT that was reasonably priced. After months of searching, no luck, sellers wanted ridiculous amounts of money for them. Then last April, Ford ran an incentive where you could get almost $7000 off the price of a new Mustang, plus I was able to negotiate a further discount on top of that. Considering base 2015 GT's were selling for only about 5k less than what Ford wanted for my new 2019, I thought it made a lot of sense to pay an extra 5k for a brand new car. This is not usually the case with all cars, but the Mustang GT seems to be unique in how it depreciates.
Found the same thing here and trucks are even worse. However the price of the new 2019 or 2020 F250 crewcab 6.7 diesel Lariats are so over the top its ridiculous UNLESS you can get that truck at 0% you'd still probably be better off paying the outrageous price of a say 2016 or 17 model.

I love me 2013 and 16 F250's and plan to drive drive them till I can at least get full depreciation out of them as far as taxes go. I might not sell them even then. They are so nice and in such good shape. I see no need to sell them
 
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Stang 19

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I should have just left my car alone on my n/a setup, which consisted of stage 3 comp cams gt-350 intake and TB e-85 flex fuel tune with a complete ARH exhaust system headers 3800 stall speed converter ford racing axles etc.. the car ran perfectly in every situation it had 450whp and ran consistent mid 11's in the 1/4. but no, I wanted to go faster with boost. my previous car (2012 Gt) had boost and a Tremec magnum and I had no issues. I added a Procharger d1x supercharger on my current 2016 gt that was n/a before this. It put down 750rwhp. For some reason its been plagued with limp mode issues, they only happen with wot throttle pulls usually with 1st or second gears, never in third and up gears. Advanced track errors every time. it's very unpredictable. Some times the car just goes with no issues and sometimes it goes into limp mode. It really pisses me off. I went to a track rental event of which my tuner was there. we were data logging while we ran and it limp moded 2 times (advance track issues), and also ran fine 3 times. my tuner kept making adjustments but to no avail. So I'm gonna sell my Procharger D1x set up and go back to N/a ...I'm getting older now and going that fast really isn't as exciting as it used to be especially with these issues. The kit performs perfectly, I'm not so sure the tune works perfectly.
Sorry to hear about the issues. The advance track issues are unrelated to your tune. All stability control operations goes thru the BCM ( Body Control Module), not the computer that a tuner tunes. Curious: did you ever try disconnecting the plug by the air cleaner? It is nicknamed the dynoplug because it completely disables all advancetrac operation. It is what all dyno operators disconnect before a pull.
 

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Found the same thing here and trucks are even worse. However the price of the new 2019 or 2020 F250 crewcab 6.7 diesel Lariats are so over the top its ridiculous UNLESS you can get that truck at 0% you'd still probably be better off paying the outrageous price of a say 2016 or 17 model.

I love me 2013 and 16 F250's and plan to drive drive them till I can at least get full depreciation out of them as far as taxes go. I might not sell them even then. They are so nice and in such good shape. I see no need to sell them
Aren't most larger trucks usually leased? People who use these types of trucks have businesses, and when they do their taxes they write off the lease as a business expense.
 

13razorbackfan

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Aren't most larger trucks usually leased? People who use these types of trucks have businesses, and when they do their taxes they write off the lease as a business expense.
Some do yes but it depends on the end goal. I'm not looking to trade every year, as many companies do, instead looking to drive them till the wheels fall off. My accountant and I worked out the numbers and found the major 2 year depreciation we get up front plus the additional 3 years makes more sense from a tax write off POV. Now I don't profess to be an expert in all tax matters but when we put pen to paper I saved more by doing it the way I'm doing it. Also these vehicles hold their value, for the most part, because most people driving them aren't hot rodding them around instead using the diesels for strictly towing and most are highway miles. In my case they're mostly city stop and go driving which there could be an argument made since there's so much stop and go driving selling and trading every 4 or 5 years may be more prudent
 

Bladerunner70

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Marriage a bad financial decision? Sounds like you're a bit bitter towards marriage.
Nope not bitter..., just more enlightened to how the world actually works, at least how it works in the age of feminism, no-fault divorce, and the child-support/vagimony entitlement mentality.

But back to used car prices. I will admit to being very lucky with the purchase of my 2016 GT Premium in late Nov. 2017. I found it through an intensive internet search of well over a month. I found my '16 GT in Detroit, MI. It had exactly 615 miles on the odometer and was in absolutely perfect condition, which it should have had given the mileage. Long story short, I bought a one-way ticket to Detroit and handed the salesman a certified check for $28K. Sticker was $42.3K.

With the mods listed in my sig below (I do ALL the labor), I'm all-in for about $31K.

And I have a POS Chevy Cruze for my DD/work car, which means I drive my GT 5-6 times a year. I love that it is in better than new condition, it is paid-off, and I have less than 7K on the odometer. I plan on keeping this one until I'm in the grave!

As a post-divorce present to myself, next spring I plan on installing an Edelbrock 2650 PDB on top of the Coyote in my GT.

In other words, I got rid of something that refused to suck, in exchange for something that positively blows! :crackup:
 

shogun32

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purchase of my 2016 GT Premium in late Nov. 2017. ... certified check for $28K. Sticker was $42.3K.
You paid 68% of MSRP which is 2-3% ($1000) lower than "fair market" on an optimistic scale, or bang on the money on a more pessimistic one. The clear upside being the very low miles. Good find in any event.

which means I drive my GT 5-6 times a year.
That is a crying shame right there! :)
 

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Aren't most larger trucks usually leased? People who use these types of trucks have businesses, and when they do their taxes they write off the lease as a business expense.
A buddy of mine tried to lease a Super Duty pickup truck a couple of years ago in Oregon when we ordered two trucks at the same time. The dealer told him they don't lease them because so many of them get used in extreme duty situations (towing, hauling, high mileage, rough use, etc). They wanted to sell them outright and not deal with all the wear and tear issues when the lease was up. Not sure if this is "normal" dealer practice, just my experience.
 

canyon ed

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I used to think I would never buy a brand new car, and until my Mustang, had only bought used ones. Then I decided I wanted a Mustang. I tried really hard to find a used 2015+ Mustang GT that was reasonably priced. After months of searching, no luck, sellers wanted ridiculous amounts of money for them. Then last April, Ford ran an incentive where you could get almost $7000 off the price of a new Mustang, plus I was able to negotiate a further discount on top of that. Considering base 2015 GT's were selling for only about 5k less than what Ford wanted for my new 2019, I thought it made a lot of sense to pay an extra 5k for a brand new car. This is not usually the case with all cars, but the Mustang GT seems to be unique in how it depreciates.
I got over $13k off on my 17 GT Conv
 

Shifting_Gears

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I can respect that, but I just wanted to add a story from my experience:

I bought a used 1999 35th Anniversary GT coupe back in 2004. I paid $13,999 for it with 15k miles. Manual shift, leather, nicely loaded up.

I drove that car H.A.R.D. to 120k, never any scheduled maintenance other than tire rotations, gas, and oil changes. When I sold it, it was just starting to need a clutch. I'm talking I beat the crap out of that car. And while I had it, I found prom pictures under the trunk carpet (???? I know) from the previous owner, so it was no old guy's toy.

Used can be just as good, or better than, new. It just depends on the car and how it is maintained.
I can relate.

I had a 2000 GT, 5 speed, etc. I bought it with 91k in 2006 and beat the living piss out of that car.

Any breakage was related to the abuse. The clutch went out in the high 150k mileage after being sprayed on a 125 shot on the street and at the track. The disk itself was still holding under NA power but the throwout bearing siezed. When I took it apart, I found out it was an auto parts store replacement. I was impressed.

The only major failure other than that was the intake manifold, which was a common issue, and the rear end which was a combination of a not so great 4:10 install and a lot of track abuse. And I had a brake caliper freeze.

“They don’t build them like they used to”. Lol. That car was unreal.
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