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Unread 11-19-2012   #1 (permalink)
Matt Starr is offline Rookie


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Default 2001 Ford Mustang GT Deluxe: Good idea to buy one with 100K miles already on it?

I have about $10,000 I can spend on a used car, and I have always wanted something really sporty. Naturally that led me to Ford Mustangs.

I've found a 2001 Ford Mustang GT Deluxe, automatic, great condition. The dealer's price is $7000, and I'm sure I can get that down. My main issue is whether it's a good idea to buy a used Mustang that already has 100,000 miles on it or not.

I haven't test driven it yet, don't know details like the timing belt, tires, battery, etc and when they were changed. I have test driven another Ford Mustang before and really liked it (but that was an '05 with 120K already on it).

From what you know about Mustangs, would you buy one used with that much mileage, and at a price of $6000-$7000?
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Unread 11-19-2012   #2 (permalink)
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I think 6000 is reasonable. When I was looking for my gt I saw tons of 01s-02s with 70k for 7grand. The motor should be good the 4.6 is a rock. If you get it just seafoam the crap out of it so its cleaned out like new (;

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Unread 11-19-2012   #3 (permalink)
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I bought my Bullitt with 99K on it. It runs perfectly fine. These mod motors can take a beating. 100,000 miles is still young for these 4.6 motors. There is a reason they are used in taxi service and police stations. They can take a hard use and are extremely reliable. Don't get me wrong, there are bad apples out there. Take a test drive and check for obvious wear and tear. Other than that, good luck!

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Unread 11-19-2012   #4 (permalink)
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first things first dont buy dealer stuff. if theyre offering 7k for a gt at 100k miles you can find one being sold by private party for less.

secondly 100k miles is puppy miles. myold 2000 gt had 128k miles on the thing. it was supercharged and was running strong as ever. the only reason i sold was to upgrade.

ive seen personally mustang that has reach 200k miles. it the minor plastic cheap stuff that breaks down not the engine
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Unread 11-19-2012   #5 (permalink)
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Like me and the one guy said. They are good motors but there are bad ones. I checked out a 07 GT on Saturday with 77k and the engine was knocking.

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Unread 11-20-2012   #6 (permalink)
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My 01 GT Auto has 185K and i drive about 70 miles a day. It is solid and super clean inside and out. I paid 4k cash for it back in June. High mileage on it, but you would not know it if you drove it.
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Unread 11-20-2012   #7 (permalink)
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Great info, thank you for all of the input! It sounds like 100K isn't too bad to start out with this used car. It sounds like it could be a gamble too, in case there is something wrong with the engine.

Thank you again for helping me make this decision.
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Unread 11-20-2012   #8 (permalink)
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As with any used car, have it looked over by a mechanic of your choosing (and cost) for any real signs of abuse or neglect. Not a bad idea to have a compression test performed either. It will cost you a couple hours of shop labor, but is still much cheaper than buying a turd.

I bought my '01 almost 6 years ago at 57K, it recently rolled over 100K. There are only two things wrong with my car, which I inherited and never dealt with; ABS is out and fuel gauge doesn't work. The only problem I've had is I had to replace the ignition coils last spring, which is super easy and not too expensive. That's it, nothing else. Engine runs as smooth as the day I bought it, doesn't leak or consume any fluids.

The only potential issue to watch out for is the intake manifold. My car still has the factory one somehow, but they've been switched out on most of the 99-01 cars that had the issue by now. What it is, is Ford stuck an all plastic intake manifold on these cars, and in the front of the manifold where engine coolant passes through they are prone to crack and puke out coolant. There was, at the time anyway a recall campaign of some sort for it, and the problem was remedied permanently beginning in the 2002 model year when they used a manifold that has an aluminum coolant crossover. If the car you're looking at still has the all plastic manifold it's not really a big deal; the updated part costs around $200 and if you don't do the work yourself I imagine a shop should only charge about 2 hrs labor to replace.
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Unread 11-21-2012   #9 (permalink)
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I feel that even 6000 is too much I bought my 2001 bullitt with 99k for 5k. If they won't go close to 5k walk away.


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Unread 11-21-2012   #10 (permalink)
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Quote:
Originally Posted by pmanchin View Post
I bought my Bullitt with 99K on it. It runs perfectly fine. These mod motors can take a beating. 100,000 miles is still young for these 4.6 motors. There is a reason they are used in taxi service and police stations. They can take a hard use and are extremely reliable. Don't get me wrong, there are bad apples out there. Take a test drive and check for obvious wear and tear. Other than that, good luck!

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I agree, my friend bought his 98gt with 105k on it and drove it for years. He took very good care of it and sold it to me with around 140k on it (odo broke at 129k) and it runs like a top... Does not smoke at all and will burn the tires at will :hihi:. Like he said do your homework, look for the signs of a bad engine.... If there are none the 4.6 is a great engine as long as its taken care of.
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