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Price Drop

1601 Views 12 Replies 11 Participants Last post by  redfire GT
What are the predicted price drops in all the 05 models once the 06's come out ? I've wanted an old mustang since I was little and with the 05 it's as close as I can get. I have to have a certain percentage saved before my grandfather will cosign a loan for me. Any help would be nice.

Signed - Guy desperately wanting some good old American steel to drive :(
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BamaFan4Life37 said:
What are the predicted price drops in all the 05 models once the 06's come out ? I've wanted an old mustang since I was little and with the 05 it's as close as I can get. I have to have a certain percentage saved before my grandfather will cosign a loan for me. Any help would be nice.

Signed - Guy desperately wanting some good old American steel to drive :(
From the demand side, I don't think there is going to be a penny in price drop unless it's a V6, but still, that's pushing it.
The '05's are so rare right now, if you actually found one on a lot, I guarentee you it will be over MRSP. No way they would lower the price when people are willing to pay 5 grand over MRSP for a used 2005 mustang GT.
depends totally where you are... just south of Toronto I know of at least 20 on lots. You'll never get it for less than MSRP... but you won't pay more either. doubt they'll drop the price though until say, winter
No price drop around here. 05 GT's are still over msrp.:thumbsup
just wanted to add - in my hometown there are currently 6-8 on the lot and i just bought mine 3 wks ago and VIOLA.. they came DOWN $3k off msrp.
SOPHIE said:
just wanted to add - in my hometown there are currently 6-8 on the lot and i just bought mine 3 wks ago and VIOLA.. they came DOWN $3k off msrp.
What did you buy, and where are you? Curious minds want to know.
i am in brandon, mississippi; i bought v6/manual/torch red/sunroof;louvers/scoop; anyone want addl info email me and i will be happy to give you!
I bought a 05 GT Premium last night started at 3K over MSRP and got down to $500 under. There were 7 GT's on the lot three coupes and three verts.
redfire GT said:
I bought a 05 GT Premium last night started at 3K over MSRP and got down to $500 under. There were 7 GT's on the lot three coupes and three verts.
Good math..
3 verts
+ 3 coupes
6 Cars

what was the seventh?
I got mine for less than MSRP just last week, but my wife worked out a deal with the dealership owner (she works with his wife). He had two GT coupes on the lot, a GT convertable, and a v6 convertable.

All I had to do was walk in, pick my color, and sign the papers. Easiest car deal I ever made.
SOPHIE said:
i am in brandon, mississippi; i bought v6/manual/torch red/sunroof;louvers/scoop; anyone want addl info email me and i will be happy to give you!
Yeah folks are coming down on the V6, that's a given. It's the GT that one would rarely find for under MSRP.
:hihi: oooooooops it was 4 verts and three coupes. sorry professor!!!:doh:
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