clevernickname
Well-Known Member
- Joined
- Nov 18, 2014
- Threads
- 264
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- 1,107
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- Location
- BC, Canada
- Vehicle(s)
- 2015 Magnetic Mustang GT, 2016 camaro ss (gfs), 2015 range rover sport, 2013 ford explorer, 2017 WRX
- Thread starter
- #1
tldr:
1) bought 2015 mustang gt base with Auto for 36k, sold 5.5 years later with maybe 3-4k in mods, at 45k KMs, $5800 in claims/accidents/repairs. sold for $26k after 4 days of listing it, listed at $28k. good deal?
2) Used car dealer i sold it to listed it at 30k and sold within 4 days. wut?? did i mess up?
3) new 2020 mustang gt, base like mine, msrp for 35k because of delivery allowance and ford employee discount. who would buy a used one for similar price?!
Long version
https://vancouver.craigslist.org/van/cto/d/vancouver-2015-ford-mustang-gt-low-kms/7178566913.html
All info on the ad. Except I bought for 36k. 42k msrp and after employee discount and costco discount came to 36k before tax. Sold for 26k CDN.
3 accidents. most major was hit and run and my mirror side swiped and replaced. But that was only thing hit so just mirror replaced. Other 2 were pretty much scrapes so just paint. Total was $5800 in damages.
I am buying another car in 6-12 months when covid is "less severe" and figured i'd jump on the high sales of used cars. I listed at 28k and sold at 26k. Frankly I thought without covid, a mass produced base level pony would've depreciated by at least half over 5.5 years. But I only lost about 10k.
Now i'm not even sure it was a good deal because it sold in 5 days. I was in a rush because September almost here and in vancouver means usually a lot of rain and less sports car selling time.
The other thing making me regret it is it was sold to a used car dealer that found me, and they listed it at 30k immediately after, and sold it within 4 days. I'm assuming people pay more at dealerships, and/or it probably got haggled down to like 28k and they offer financing which attracts more customers?
BUT what is perplexing me even more, is that a NEW 2020 mustang GT, base level like mine, is currently going for 35k on ford.ca due to delivery allowance and ford employee discount. Who wouldn't pay 5k more for a completely new car. My mods weren't that expensive at all, especially since I got it all on sale.
1) bought 2015 mustang gt base with Auto for 36k, sold 5.5 years later with maybe 3-4k in mods, at 45k KMs, $5800 in claims/accidents/repairs. sold for $26k after 4 days of listing it, listed at $28k. good deal?
2) Used car dealer i sold it to listed it at 30k and sold within 4 days. wut?? did i mess up?
3) new 2020 mustang gt, base like mine, msrp for 35k because of delivery allowance and ford employee discount. who would buy a used one for similar price?!
Long version
https://vancouver.craigslist.org/van/cto/d/vancouver-2015-ford-mustang-gt-low-kms/7178566913.html
All info on the ad. Except I bought for 36k. 42k msrp and after employee discount and costco discount came to 36k before tax. Sold for 26k CDN.
3 accidents. most major was hit and run and my mirror side swiped and replaced. But that was only thing hit so just mirror replaced. Other 2 were pretty much scrapes so just paint. Total was $5800 in damages.
I am buying another car in 6-12 months when covid is "less severe" and figured i'd jump on the high sales of used cars. I listed at 28k and sold at 26k. Frankly I thought without covid, a mass produced base level pony would've depreciated by at least half over 5.5 years. But I only lost about 10k.
Now i'm not even sure it was a good deal because it sold in 5 days. I was in a rush because September almost here and in vancouver means usually a lot of rain and less sports car selling time.
The other thing making me regret it is it was sold to a used car dealer that found me, and they listed it at 30k immediately after, and sold it within 4 days. I'm assuming people pay more at dealerships, and/or it probably got haggled down to like 28k and they offer financing which attracts more customers?
BUT what is perplexing me even more, is that a NEW 2020 mustang GT, base level like mine, is currently going for 35k on ford.ca due to delivery allowance and ford employee discount. Who wouldn't pay 5k more for a completely new car. My mods weren't that expensive at all, especially since I got it all on sale.
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