I've been wanting a GT350 for a while, every once in a while I browse various websites to see what they are going for. I've found two that work great for my budget. One has higher miles then I would like, but it has not been lemoned. The other has extremely low milage but the carfax says it was lemoned/buyback or a salvage.
Is there a way to find out exactly why the car was lemoned? I might still be interested in the car depending on why it was a lemon or buyback.
Has anyone here purchased a lemon and what was your experience with the purchase? I've read both good and bad things about purchasing a lemon.
Great advice, I knew the price was to good to be true. I was thinking if it was just something like problems with the Navigation/Stereo, then I could just remove it and replace it with after market. But you and the video are right, not worth the risk and headaches.
It's too bad the OP didn't come back to this thread. My first GT350 was bought back. Really curious if the one he was looking at was my old car or not.
Depending on how the repair went, I would strongly consider recommending somebody buy that car. I really wish I could have kept it.
Depends on the issue a lemon car might not always be bad. Could be a paint issue, small issue with navi/electronics, or a engine issue, but had the motor replaced. None the less it has to be an amazing deal or not worth it for sure...
For the GT350's don't all 2015-2016 owners have the option to lemon their car if they aren't track pack equipped due to the overheating and lack of coolers and all that? I too am dipping into the GT350 or GT500 market and looking. Slowly as I am waiting to see the price on the new GT500 to see if that will bring the GT350 prices down. If priced right around 80K which I think it will be then it will push prices down in the GT350 market as well as the GT500 used market. I bought my Boss used after the GT350 came out, but what I didn't account for is the 2015 GT coming out and really wreaking the Boss values. Lost a bit more than I care to think about so I am trying to be much more carful this time around and waiting patiently for a GT350 or 2013/2014 GT500. Trying is the key word. haha
I too have seen a few lemoned and figure I could always take the VIN to a Ford dealer and ask for a report on why, but not sure if they would do it since not at their dealer, but that is where I would start. @Blazin72 what year and why was your GT350 bought back? I can't remember. If you don't mind will you share your VIN here. If you don't want that info and could would you PM it to me. I might look out for it. Actually ran into 1-2 lemon GT350's this week and if it is one of them I might discuss with you.
For the GT350's don't all 2015-2016 owners have the option to lemon their car if they aren't track pack equipped due to the overheating and lack of coolers and all that?
No. Non-Track Pack or R cars were never intended for extended track use and even the 2015-2016 owners manual supplement spells that out. The engine never had an issue and all models have the same engine oil cooler. Only the Track Pack's and R's got the transmission and differential coolers. There was, however, a recall regarding the engine oil coolers themselves.
what year and why was your GT350 bought back? I can't remember. If you don't mind will you share your VIN here. If you don't want that info and could would you PM it to me. I might look out for it. Actually ran into 1-2 lemon GT350's this week and if it is one of them I might discuss with you.
I bought it in August 2017, took it in for a minor warranty paint repair in September. Body shop had it for 30 days and performed an extremely subpar repair. I requested a buyback through Ford Customer Service on the basis that it was out of service for 30 days and it was a significant decrease in the value of the vehicle. They agreed and the car was bought back in December 2017 with less than 1,000 miles on it. It was very disappointing as it was one of very few Avalanche Gray GT350s built without the electronics package in 2017 (only about 35 or so). The VIN is 1FA6P8JZ8H5523613.
It's been a while sorry I had some major health issues come up. So the car got put on the back burner for a while.
I was in the hospital for over a week with a fever hitting 103.8. The hospital was having a hard time controlling the fever. I was a-symptomatic and not testing positive for anything. I'll try to keep it short, the fever started to taper off while I was in the hospital. I was discharged on day 7 or 8 with a diagnosis of unknown virus that attacked my liver. I do not drink, don't use drugs and don't have hepatitis. It took nearly a month for me to get over the fever.
I also lost about 33 pounds (down to 160), consider that I'm 6'1 and normally 190 pounds. I had some hefty medical bills and a lot of follow up visits. I'm not 100% certain but I do believe the second night I was in triage my vitals dropped. It was chaotic that night and I was extremely confused due to the high fever. I was having a hard time forming sentences and answering questions.
The whole experience scared me quite a bit and made me take a close look at my finances.
I'm looking at the GT350 again but not at lemons. I can afford to purchase a new one if I really wanted. But I think I'm going to buy used. I'm looking at a few 2018's. One specifically that has had the price dropped 3 times the last 2 months or so.
Glad you are doing better and glad you are back on the hunt for your GT350. I like you debate on new vs used and all that. I used to buy only used and let the first person take the hit, but the past two Mustangs I bought used I bought somebody else's issues. Mustangs especially higher end ones like say the GT350 may have had a collector buy them who garaged them or it could of been owned by the track guy that beat the crap out it. That is what makes me back away from GT350's that are used...
I actually remember reading your post about your buy back. That was one of the reasons I came here asking about them. But it was not the white with blue stripe, so I knew it was not your buyback. If it had been I would have asked about the vin numbers and picked it up instantly. The one I had been looking at was I think gray with blue stripes. If it had been a paint issue i would have bought it at the discount and repainted it myself.
Ironically my 5.0 had some paint issues as well. It was just on the hood and it was fixed fairly quickly.
Looking at the picture he posted I think it is the grey not white. Can't tell what stripe color, but usually the grey comes with black stripes.
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