Worth Upgrading to GT?

When you mod a car, the market for that car become very concentrated. If you can find an interested buyer, then by all means try to sell it for more. More often than not, however, the mods will make the car worth a bit less to the average buyer. If you still have the stock parts for the car, I would reinstall them and then sell the aftermarket parts to V6 owners for a little extra cash. That would certainly help with the GT upgrade, which btw is totally worth it!

Xterminator said:

Thanks for the replies. Is it really too much to expect 10k for an 06 v6 with upgrades? o.o
My other reasoning for getting a GT is just because you can do so much more upgrading in my opinion.

By the way, anyone know what insurance runs for a GT of that year?

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The problem with upgrading was explained to me by my Harley dealer when I went to trade for a newer one. He said "Any upgrades you put on cars/bikes etc. is for YOU" They won`t add a dime to the trade in or sale value to a private buyer, unless its exactly what they want. Even on the car forum boards, everyone is looking (mostly) for a nice clean stock car. So for the most part, you will never get your money back from modding a car. I just ordered new wheels & tires from AM for my 2013 `vert to replace the god ugly base wheels with only 3800 miles on them. First I probably won`t be able to sell the stockers, & second- the new setup won`t make a damn bit of difference to the KBB value of the car. I`ll like them a whole lot better though.:yup:

PS: Insurance rates depends on things like your driving record, where you live, your credit rating, how likely the car you are buying will be on the "most stolen" list etc.

Sleeperstang07 said:

When you mod a car, the market for that car become very concentrated. If you can find an interested buyer, then by all means try to sell it for more. More often than not, however, the mods will make the car worth a bit less to the average buyer. If you still have the stock parts for the car, I would reinstall them and then sell the aftermarket parts to V6 owners for a little extra cash. That would certainly help with the GT upgrade, which btw is totally worth it!

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+1,000 to this. I bought my GT based on the fact that it was totally stock. The average driver doesn't like things they don't understand, and a performance enthusiast is less likely to buy a car that's been unprofessionally modified unless the price is good(i.e., low).

The 3v GTs are very impressive. If you have never driven one before, you will be hooked instantly. I was considering selling my GT and buying a 3v until I found my Cobra.

Like everyone else said, mods dont make it worth anymore, people want a ummolested car, sell the mods and put her back to stock if you have all the parts. I recently sold my 07 V6 Premium, I got $14K for her but the only thing that helped and saved my butt was it only had 12K on her.
Sure the S197's are sharp, but the older 05-09 V6's are getting harder and harder to sell when you can now get a 2011 V6 with 300hp for a good used price, if someone is looking for a 05-09 mustang there most likely looking for a GT like you.
As much as I liked my 07 V6 I wish I'd of never bought it, I should have went with a GT then. I recently bought a 02 GT Premium and I love it, it may not have the hp the 3V's have but it's enough for me.
Insurance varys from state to state and on your driving redcord, age, credit, homeowner, ect ect. My insurance actually was less with full coverage on my 02 GT than on my 07 V6. I have a superior driving record, great credit and all the rest that gives me the lowest rates possible. I only pay $198 every 6 months for full coverage on my 02 GT, and only $50 every 6 months on my other cars and trucks but they just have liability, no comp or collision.
if your young and an unexperienced driver, not married, dont own a home and dont have great credit and have had any tickets ever then you'll pay through the roof for insurance on a GT, look into it.
And remember when you do get your GT dont be a fool and get a ticket because then you wont be able to afford driving it:gringreen Good Luck and keep us posted. There's a-lot of nice 07-08 GT's out there with low miles on em for less than $14K

Thanks again for all the info and advise guys! I kind of understand what you mean about a stock car being worth more to most people. Unfortunately I don't think I have all the stock parts... I put in a CAI, and I might have the stock one for that, not sure, but I also put in dual exhaust, and I am almost positive I don't have the stock one for that. And even if I did, I don't know how to do it myself, so I would have to pay like $200 or something just to get it taken off and old one put back on, if that is even possible.

Problem is, I can't afford a GT at all without selling my current v6. So I guess I will see if I have any of the stock parts left, but if not I will just have to try and sell it as is somehow.

One last thing, for when I go looking for a GT, what is considered like "too many" miles on an 05-08 Stang? Some of the ones I have browsed through are like $12,000 (which is perfect), but have like 80k-100k miles. Is that too much, or would it still have a good amount of years left on it?

Thanks, and I will keep you posted on my progress!

You don't have to return it to stock to sell it ; just don't expect to get any extra for the mods. If it is just a CAI and dual exhaust, I don't see that scaring anyone away. You can get a realistic value by looking at Edmunds, Blue Book, Black Book and taking the low end of the range.

Usually you will do better by selling privately, but don't completely discount trading in. It depends on the dealer's situation. If you see a GT that you like at a dealer, it can't hurt to ask them what they can do on a trade-in deal ; you can always walk away.

My 2010 GT has almost 60K miles on it, and it is looks and works practically like brand new. I can't really say for sure how they are with 80 or 100K miles, but I'd bet they have lots of life left in them. Of course it depends on how they have been treated and maintaned; but many GT owners are "enthusiasts" who take good care of their cars, even if they do drive them a little hard.

It is true that you really won't use the extra performance of the GT on the street very often . . . but the sound of that V8 puts a smile on my face every time I fire it up, that's worth something!

Hmm okay, thanks JBert! I looked around and I think I do have all the stock parts, but it would be quite a pain to put them all back on. I also have a SCT Tuner for the car. It currently has a tune on it, but I don't think that scares anyone away, because you can easily remove the tune with the tuner.

I will check out Edmunds, and Black book. I looked at blue book, and the value it gave me for my car, with it's current condition is about $10,200. But I will check the others and take the lowest like you said. I actually hadn't thought of doing a trade in deal at all, because it looked like the prices from the dealers were just so much more than a private seller, but that is a good point and I will look into that as well!

I'm glad to hear that something with around that mileage would probably still have a lot life left. Mine has 70k miles, and still drives like new, so I can understand that.
Yeah I don't race or anything, so the extra power wouldn't really do a Lot, but the sound is awesome, and the extra power is always fun on the Highway, or on ramps etc, and more fun to mod in my opinion, and I just think it would be awesome to be driving a GT rather than a v6.

JBert said:

You don't have to return it to stock to sell it ; just don't expect to get any extra for the mods. If it is just a CAI and dual exhaust, I don't see that scaring anyone away. You can get a realistic value by looking at Edmunds, Blue Book, Black Book and taking the low end of the range.

Usually you will do better by selling privately, but don't completely discount trading in. It depends on the dealer's situation. If you see a GT that you like at a dealer, it can't hurt to ask them what they can do on a trade-in deal ; you can always walk away.

My 2010 GT has almost 60K miles on it, and it is looks and works practically like brand new. I can't really say for sure how they are with 80 or 100K miles, but I'd bet they have lots of life left in them. Of course it depends on how they have been treated and maintaned; but many GT owners are "enthusiasts" who take good care of their cars, even if they do drive them a little hard.

It is true that you really won't use the extra performance of the GT on the street very often . . . but the sound of that V8 puts a smile on my face every time I fire it up, that's worth something!

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+1 jbert has good advice. I would add taking the dual exhaust off is way too much hassle. If you make any changes, I would consider putting the stock intake back on.

az.dsrt said:

+1 jbert has good advice. I would add taking the dual exhaust off is way too much hassle. If you make any changes, I would consider putting the stock intake back on.

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Yeah I definitely agree it is way too much hassle to take the exhaust off, but the intake should be easy enough. Probably easier to put stock one on, then it was to put the modded one on. Haha

So then would it be best to just sell the intake separately somewhere?

Put an ad in the classifieds here for the intake. List the miles on it and the condition. I assume your car is paid for? Then it's just gravy towards a GT and if you only get $7k for your v6 then you only have $6-7k left to pay for the GT, and depending on the interest rate and "warranty", and if you bother with a loan at all, should only be $150-200 a month for 3-3 1/2 years or so.

You can throw the blue book prices right out the window, along with the NADA prices. Befor I put my 07 V6 Premium up for sale I hit a few dealers to see what I could get for mine on a trade. Now Im not bragging but my 07 V6 was so new looking inside and out that you'd swear it never was driven, well it hardly was as it only had 12K on her.
From the day I brought her home she never saw a speck of dirt, was never washed with soap and water, only feather dusted and detailed. Nothing was ever in the back seat and passangers seat only sat in a few times, never used the headlights, AC, Heater or wipers....I can go on and on, the car didn't even have a stone chip on it, it was Immaculate.
Why Im saying this is because the dealers only wanted to give me $11,500 for her, and I even went to the dealer who sold her to me and know them. If I didn't sell her to a couple who appreciated the car and all I did to keep it nice I'd of lost my ass trading it in. I did get $14K for her and was lucky I got that.
Like I said KBB and NADA are just prices, you can expect to get Thousands LESS than what they say your cars worth, Im not trying to bum you out, just giving you some reality.
As for the Mods, the dual exhaust is fine to leave on the car, and if you can put back on the factory stock air box that should be enough. Sell the Tuner and CAI, the tuner and cai will scare some people away, they dont understand them things and will make em think you beat on your car or did something bad to the engine, plus some older people just dont understand electronics.
I checked our local Craigslist and found a couple of 06 V6's with 80K+- on them and there selling for $8K. Why not consider what I did....I never gave much thought to the (New Edge) mustangs untill I drove a 2003 V6 that my mom got from my brother in law from SC. I drove it a few times and the more I did It started to grow on me. So while I was trying to sell my 07V6 I started looking at 2000-2004 GT's, then drove a few.
As much as I loved the 2005-2009 S197's the New Edge stangs changed my mind. I found a nice garage kept no winters well taken care of 2002 GT Premium with 69K on her and bought it for $7350, I couldn't be happier! Just a thought for you to consider.....plus there less money than the 05-09's, you get a GT and have extra money left to Mod:winks

Vankor said:

Put an ad in the classifieds here for the intake. List the miles on it and the condition. I assume your car is paid for? Then it's just gravy towards a GT and if you only get $7k for your v6 then you only have $6-7k left to pay for the GT, and depending on the interest rate and "warranty", and if you bother with a loan at all, should only be $150-200 a month for 3-3 1/2 years or so.

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Yeah I think I will definitely try to sell the CAI and the tuner separately. I would sure hope I would get more than 7k though, even if I didn't get what I was originally thinking. I try to avoid loans at all costs when buying a car, and much prefer to just save and pay 100% upfront in cash for it. Which answers your other question, yeah my current car is payed for, was the day I bought it.

@fordlover:
Wow that is a lot lower than I thought. :/ I have looked on craigslist in my area for 2006 v6s with about the same mileage, and people are wanting like 9k-12k for them, so I would prefer to not list mine for lower than that. Now I haven't necessarily pampered mine, but I haven't done any racing with it or anything, and it has like 1 cosmetic issue, which is minor and easy to fix and the inside is pretty much flawless.
Yeah the older like 2002-2004 GTs seem way less, but I hate the body style and would hate to spend that amount of money on it, and then later regret it. I think I will just see what I can get for mine, and then just save until I can get a 2005-2006 S197 one.

Thanks for the advise and info, I will take it into account for sure!

If you don't like the new edge mustangs, then I would hold off and get a 05-09. Don't buy something you wont like. You are just wasting your money then.

If people are selling similar cars to yours for $9K-$12K, then you may be able to get similar for your car. But I'm guessing a GT will be higher priced as well. Also, watch to see if those cars are actually selling, or if they are asking too much for them. If they sit there for a long time and don't sell, then they probably are asking too much.