View Poll Results: Will you buy a new 2005 Mustang?
Yes
37
49.33%
No Way
22
29.33%
Maybe if I like how it drives
16
21.33%
Voters: 75. You may not vote on this poll
Whom here would consider a new 2005 Mustang?
Registered User
Joined: Jan 2003
Posts: 562
From: Mich.
Originally posted by redzed
You get all of that "negative equity" because Mustangs have had lousy resale values for years. You can thank Ford for pumping Mustangs into the rental fleets, not to mention the poor perceived quality. I wouldn't buy any Ford on long term paper, if only because of the poor long-term reliability and steep depreciation.
You get all of that "negative equity" because Mustangs have had lousy resale values for years. You can thank Ford for pumping Mustangs into the rental fleets, not to mention the poor perceived quality. I wouldn't buy any Ford on long term paper, if only because of the poor long-term reliability and steep depreciation.
As a matter of fact average retail for a 01 SS is 25G's and a 01 Cobras retail is at 27.5g's
As per NADA
Arent these the two cars people care about hearing of?
And if you think some guy with a Fbod wont have some neg. equity when trading the Fbod in for a new car you need to put the pipe down.
Registered User
Joined: Aug 2002
Posts: 195
From: In a meeting
Cool new cars available now or announced for the near future:
US--Mustang, Mustang Cobra, Corvette and Z06, GTO, Focus SVT
4N--350Z, G35 coupe, 330i sport, M3, 540i, M5, Z4 Roadster, Acura RSX, Acura 3.5 Type TL, Honda Civic Si, Accord V6 coupe, S2000, Subaru WRX and WRX STi, Mitsu Evo VII, Mercedes CLK, E500, E500 AMG, SLK, SL500, Lexus IS300, and everything Ferrari, Maserati, and Lambo put out, Jaguar S-type R, Volvo S60 turbo, etc.
Sad--really, really sad. Yeah, I guess I might get a new 'Stang. But there's a lot to choose from on the 4N side. GM's too busy w hydrogen fuel cell cars to get a hard on and build something great. Cars are about fun--GM is too damn corporate. Oh, I forgot the new Monte Carlo SS and Impala with the tired, old 3.8L pushrod turbo motor--oooohh!
Note to GM--if it weighs over 3400 pounds, it must have over 300 bhp to make the cut.
US--Mustang, Mustang Cobra, Corvette and Z06, GTO, Focus SVT
4N--350Z, G35 coupe, 330i sport, M3, 540i, M5, Z4 Roadster, Acura RSX, Acura 3.5 Type TL, Honda Civic Si, Accord V6 coupe, S2000, Subaru WRX and WRX STi, Mitsu Evo VII, Mercedes CLK, E500, E500 AMG, SLK, SL500, Lexus IS300, and everything Ferrari, Maserati, and Lambo put out, Jaguar S-type R, Volvo S60 turbo, etc.
Sad--really, really sad. Yeah, I guess I might get a new 'Stang. But there's a lot to choose from on the 4N side. GM's too busy w hydrogen fuel cell cars to get a hard on and build something great. Cars are about fun--GM is too damn corporate. Oh, I forgot the new Monte Carlo SS and Impala with the tired, old 3.8L pushrod turbo motor--oooohh!
Note to GM--if it weighs over 3400 pounds, it must have over 300 bhp to make the cut.
Banned
Joined: Mar 2002
Posts: 1,954
Originally posted by guess who
hehe.The last time I checked.A non t-top camaro SS was worth less then a 2001 Cobra.
As a matter of fact average retail for a 01 SS is 25G's and a 01 Cobras retail is at 27.5g's
As per NADA
Arent these the two cars people care about hearing of?
And if you think some guy with a Fbod wont have some neg. equity when trading the Fbod in for a new car you need to put the pipe down.
hehe.The last time I checked.A non t-top camaro SS was worth less then a 2001 Cobra.
As a matter of fact average retail for a 01 SS is 25G's and a 01 Cobras retail is at 27.5g's
As per NADA
Arent these the two cars people care about hearing of?
And if you think some guy with a Fbod wont have some neg. equity when trading the Fbod in for a new car you need to put the pipe down.
First off, you can throw away your retail figures, because only an idiot would pay those prices. Secondly, the best Camaro in terms of resale value is the Z28 with T-tops and the no-cost automatic. Back when I bought my car, the dealer's NADA guide (the real one!) didn't even list the SS package as having any added value. Even today, you get a greater percentage of resale value from $1,000 t-tops than any of the performance options.In the end though, the greatest impact upon negative equity comes from initial purchase price. If you purchased a new 2001 Camaro SS, you should have gotten the car at invoice. Due to the "limited" nature of the Cobra, a high-and-mighty SVT dealer would have probably insisted on MSRP.
In the end, the Camaro has better resale value, hands down.
Registered User
Joined: Jan 2003
Posts: 562
From: Mich.
Originally posted by redzed
Great comparison. First off, you can throw away your retail figures, because only an idiot would pay those prices. Secondly, the best Camaro in terms of resale value is the Z28 with T-tops and the no-cost automatic. Back when I bought my car, the dealer's NADA guide (the real one!) didn't even list the SS package as having any added value. Even today, you get a greater percentage of resale value from $1,000 t-tops than any of the performance options.
In the end though, the greatest impact upon negative equity comes from initial purchase price. If you purchased a new 2001 Camaro SS, you should have gotten the car at invoice. Due to the "limited" nature of the Cobra, a high-and-mighty SVT dealer would have probably insisted on MSRP.
In the end, the Camaro has better resale value, hands down.
Great comparison.
First off, you can throw away your retail figures, because only an idiot would pay those prices. Secondly, the best Camaro in terms of resale value is the Z28 with T-tops and the no-cost automatic. Back when I bought my car, the dealer's NADA guide (the real one!) didn't even list the SS package as having any added value. Even today, you get a greater percentage of resale value from $1,000 t-tops than any of the performance options.In the end though, the greatest impact upon negative equity comes from initial purchase price. If you purchased a new 2001 Camaro SS, you should have gotten the car at invoice. Due to the "limited" nature of the Cobra, a high-and-mighty SVT dealer would have probably insisted on MSRP.
In the end, the Camaro has better resale value, hands down.
It is a average not in stone.And if anyone was dum enough to buy their Cobra for above MSRP they got boned.Another thing,When a car is sold with great incentives they drop like a rock as well.Someone who has a SS/T/A who is selling above average thinks they have something radically special (in which in ways they do) when normally they dont.Now a T/A will hold a higher value only because noone bought any and that means a limited supply..
And for you to say a Z/28 with T's is worth more then a SS with Tee's you should consider putting the pipe down
Registered User
Joined: Aug 1999
Posts: 2,610
From: Cincinnati, OH
The simple fact is that it's retro. I dont care what year or years anyone wants to point at and say "well that's from a 67, but common, this is from a 68! Cant you see?!".
If the F5 is retro I wont buy that either.
I WANT A NEW DESIGN.
If the F5 is retro I wont buy that either.
I WANT A NEW DESIGN.
Registered User
Joined: Apr 2001
Posts: 3,698
From: USA
Originally posted by guionM
Actually, the GTO will be out only 6 months before the 2005 Mustang, and will still be dealing with way more buyers than cars, so I wouldn't bet on GTO comming down to Mustang GT levels for awhile.
To some of the other guys here, a little perspective is in need here.
In 2002, Chevrolet produced 42,098 Camaros, of which only 24,805 were Z28s, SSs, or Police Camaros (and close to the same figures the year before).
In less than 2 weeks GMs Oshawa assembly plant alone produces more W cars than all the Zs/SSs/B4Cs produced last year, and in about 4 weeks (remember, this is one plant making one chassis/body) it produces more cars than all f-bodies made last year...combined!
That means that even considering those of you so angry at GM over Camaro that you never buy another GM product, your numbers will more than likely be made up when not only Camaro comes back, but by the multitudes of people who will be buying RWD Impalas, GTOs, CTSvs, and the improved FWD cars and crossovers that GM will be bringing out in the next few years.
The actual painful truth is GM is a business. If a small segment of customers of a car that sold less than 25,000 (actually less than the high profit, low production Corvette) for at least each of the past 2 or 3 years turn grumpy and threaten to jump ship, do you honestly think anyone is loosing sleep over it?
When Camaro comes back, it will be for marketing reasons, not because of anger here.
It sucks, but such is the corperate world.
Actually, the GTO will be out only 6 months before the 2005 Mustang, and will still be dealing with way more buyers than cars, so I wouldn't bet on GTO comming down to Mustang GT levels for awhile.
To some of the other guys here, a little perspective is in need here.
In 2002, Chevrolet produced 42,098 Camaros, of which only 24,805 were Z28s, SSs, or Police Camaros (and close to the same figures the year before).
In less than 2 weeks GMs Oshawa assembly plant alone produces more W cars than all the Zs/SSs/B4Cs produced last year, and in about 4 weeks (remember, this is one plant making one chassis/body) it produces more cars than all f-bodies made last year...combined!
That means that even considering those of you so angry at GM over Camaro that you never buy another GM product, your numbers will more than likely be made up when not only Camaro comes back, but by the multitudes of people who will be buying RWD Impalas, GTOs, CTSvs, and the improved FWD cars and crossovers that GM will be bringing out in the next few years.
The actual painful truth is GM is a business. If a small segment of customers of a car that sold less than 25,000 (actually less than the high profit, low production Corvette) for at least each of the past 2 or 3 years turn grumpy and threaten to jump ship, do you honestly think anyone is loosing sleep over it?
When Camaro comes back, it will be for marketing reasons, not because of anger here.
It sucks, but such is the corperate world.
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