UPDATED MUSTANG DELIVERY TIMING ESTIMATE

[JoeDogInKC]

I KNEW I should have sold my 2013 GT before now. Dammit! I don't even have the Track Pack on mine and was told around the time that I ordered that I could get 25k. I'm so screwed on this trade-in now, I might not even be able to justify taking delivery.

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[Clink]

You mean "one more thing to be happy about "

As much as I try, I am always glass half empty and probably always will be. I get it from my dad.

And I want to be positive, just seems like more things working against me than for me in this game.

 

[Clink]

I KNEW I should have sold my 2013 GT before now. Dammit! I don't even have the Track Pack on mine and was told around the time that I ordered that I could get 25k. I'm so screwed on this trade-in now, I might not even be able to justify taking delivery.

I rolled $3k in neg equity into my Focus, I should have shopped to see if anyone else would've gave more but oh well...hindsight. I watched and it ended up selling for $26k and change

 

[Chameleon]

Much to be happy about:

• Final assembly appears to be finally ramping up to significant daily volumes
• Ford is actually doing QC and rejecting cars with serious issues instead of attempting to fix them
• Many cars are in transit now including some QC cars
• Some cars are in customer hands
• At least two forum member reviews to date
• Ford is running Saturday shifts at Flat Rock
• Local dealer advertising for specific VINs are showing up everywhere
• Almost all media reviews are positive in almost all aspects of the car
• Very few reports about price gouging except for the LE
• Convertible orders can now schedule
• No price hike since order banks opened
• Over 50% of forum members have VINs

Please add more as you think of them

Good points!

 

[Process]

You probably shouldn't use MSRP to calculate depreciation against what a dealer is willing to pay.

A better method is to use the original invoice price and subtract an estimated kick back amount from it (good luck trying to get a dealer to tell you the kick back) and compare that to what the dealer is offering. Dealers buy cars at wholesale. MSRP cannot be compared to what a dealer will offer. You can compare it it to what a private sale will yield.

I know how dealers work and pricing. I was just going off of Fords suggested figures. It's steep even at 3% hold back on depreciation.

 

[MikeAZ]

I know how dealers work and pricing. I was just going off of Fords suggested figures. It's steep even at 3% hold back on depreciation.

It is steep but you have a couple of things going against you. End of the '14 model year with many still available (if the dealer still has several '14s leftover he won't want to add yours to compete against them, especially if yours has better options at a similar price to what he is trying to sell new). And large incentives and discounts are being offered on the leftovers.

Didn't mean to imply anything other than to make an observation. Sorry if I overstepped.

 

[Tim Hilliard]

so my dealer who I had mine ordered through at first REFUSED trade in of my 2014 Mustang GT Track Pack on a 2015, then they came back with an offer of $23,000. It's a 2014 GT Track Pack Premium, with recaros, shaker 1000, gotta have it green etc. Original MSRP was $42,600. That's over 40% depreciation in less than a year. WOW.

So you paid MSRP?

 

[Tim Hilliard]

Reminder for those calculating VINs for use with COTUS, ETIS, and window sticker sites. There are now additional vehicle identifiers in the VIN fields (convertibles added):

Vin starts with 1FA6

Next 4 charcters are the model and engine:

P8AM - V6 Fastback
P8EM - V6 Convertible
P8TH - I4 Fastback and Premium Fastback
P8UH - I4 Premium Convertible
P8CF - V8 Fastback and Premium Fastback
P8FF - V8 Premium Convertible
P8RF - V8 Limited Edition Fastback

Note there may be a code assigned to the one off LE convertible but I don't know
what it is. Likewise for the GT350 and the 5.2 V8 if it is released this model year.

Next character is the checksum (use Alton's VIN Calculator to find it)

Next two characters are F5 (F = 2015 and 5 = Flat Rock)

Next 6 characters are the sequence number

500001 - 501964 are reserved for the LE Fastbacks
2------ were used for pre-production cars
300001 - 3xxxxx are production cars other than the LE

P8JF :ford:

 

[Process]

So you paid MSRP?

You kissed the point completely. Even at average discount the depreciation is extremely steep.

 

[Tim Hilliard]

You missed the point completely. Even at average discount the depreciation is extremely steep.

Are you paying MSRP for your new one?

I found the closest thing to your car in my local inventory. The sticker is a little less at $42,460 This car with x-plan and my regional rebates is $36,835. Brand New, never titled, full warranty, theoretically perfect. Your car is used, a 'specialty' color. I'm guessing I could do a bad job of negotiating and bring in a $750 private cash coupon and drive this car off the lot for about $34,500. Your dealer needs to process yours, floor plan it, find a buyer, pay a salesman's commission etc. How many '14's does your dealer have? How many '15's will be coming in? Sell your car outright if you want more money and see how easy it is to find a buyer. While this color may appeal to you, it may be hard for them to move and if it sits on the lot for any amount of time at the end of the year, they pay tax on the inventory (or the financing to someone to 'own' it until it sells) They also pay property tax on the parking space it sits in. Remember they are taking a car in trade that they know they will have on the lot at the start of the new year, making your less than one year old car now a year older. They will likely send it to auction or try to get $28-29K if they decide to retail it. That's only a $5K gross on a $23K investment headed into winter. Because that's all it's worth in the market. #Reality

 

[Process]

Are you paying MSRP for your new one?

I found the closest thing to your car in my local inventory. The sticker is a little less at $42,460 This car with x-plan and my regional rebates is $36,835. Brand New, never titled, full warranty, theoretically perfect. Your car is used, a 'specialty' color. I'm guessing I could do a bad job of negotiating and bring in a $750 private cash coupon and drive this car off the lot for about $34,500. Your dealer needs to process yours, floor plan it, find a buyer, pay a salesman's commission etc. How many '14's does your dealer have? How many '15's will be coming in? Sell your car outright if you want more money and see how easy it is to find a buyer. While this color may appeal to you, it may be hard for them to move and if it sits on the lot for any amount of time at the end of the year, they pay tax on the inventory (or the financing to someone to 'own' it until it sells) They also pay property tax on the parking space it sits in. Remember they are taking a car in trade that they know they will have on the lot at the start of the new year, making your less than one year old car now a year older. They will likely send it to auction or try to get $28-29K if they decide to retail it. That's only a $5K gross on a $23K investment headed into winter. Because that's all it's worth in the market. #Reality

Such a terrible soft market. In other news, dealer #2, offered $32,000 for it., has the exact same car in bound within 2 weeks, just my second choice color.

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