Looking to buy my wife a used Mustang - Help

Y2kXLTSport · 09-11-2001, 08:14 AM

We're needing to purchase a third vehicle (teenager gets the wife's old van) and she wants a mustang that's a good value. Have recently seen a few 98's with V-6 (good for insurance values) coupes and convertibles. Had one dealer ready to sell me one with 49k miles for around $10k.
What should I be looking for? Any recommendations? We need to cost to be at or below $10k and this will be a cash deal.

95mustanggt · 09-11-2001, 09:06 AM

To be honest with you I'd try to get a 99 V6. They have the extra oomph that the 94-98 cars lacked.

although $10k, sounds a little high for an older SN95 V6.

------------------
1995 Mustang GT

Y2kXLTSport · 09-11-2001, 09:40 AM

Unfortunately, 99 and up get quickly out of my price range for this car. According to NADA and KBB, I thought that the 10k figure was about right. Is the market not supporting their estimates?

95mustanggt · 09-11-2001, 09:58 AM

Quote:

Originally posted by Y2kXLTSport:
Unfortunately, 99 and up get quickly out of my price range for this car. According to NADA and KBB, I thought that the 10k figure was about right. Is the market not supporting their estimates?

I guess it depends on the options and where you are. Most of the cars that I am familiar with are in Canada. I have to convert the value to US$. $10K US is $16,000 Candian, which is getting pretty high.

I would trust your sources more, or better yet go a shop around.

------------------
1995 Mustang GT

Y2kXLTSport · 09-12-2001, 07:16 AM

Any other opinions?

Mach 1 · 09-12-2001, 08:09 AM

Let me tell you something about KBB and NADA.
If you pay the dealer about $4000.00 less than what the book lists, you are starting to get close to a decent deal.

Anything higher, and they are stealing your money. Good luck

------------------
1993 GT/AOD
'93 Mustang GT

Mr 5 0 · 09-12-2001, 07:09 PM

$10,000. for a '98 V-6 with 49k is a good deal.

As with any used car, beware prior accident damage or a false odometer setting.
Get a warranty and have the car inspected by your own mechanic. $10k is a lot of cash to spend on a lemon so don't rush into buying because it looks good or the price is 'one day only'. Good luck.

stanger8172 · 09-12-2001, 07:16 PM

Look to make sure all the body panels line up evenly. If they don't then it may have been in an accident. Someone on this site can run the VIN# through Carfax for ya too.

------------------
'91 LX convertible , T-5,Centerforce Dual Friction, FMS adjustable cable w/quadrant, ported/polished/milled E7 heads, 1.6rr, 1.94/1.60 stainless valves, March Performance Pulleys and A/C Eliminator

Y2kXLTSport · 09-13-2001, 06:20 AM

Thanks for the updates. I've already talked to my mechanic's shop to make sure they can perform a pre-purchase inspection and every potential seller I have been dealing with is willing to "loan" the car for this inspection.
I figured I would have to pay the $$ to get a CARFAX report, but if someone can do that for me as we settle on a vehicle, that would be great.

09-11-2001, 08:14 AM	#1
Y2kXLTSport Registered Member Join Date: Sep 2001 Location: Crowley, TX, USA Posts: 4	Looking to buy my wife a used Mustang - Help We're needing to purchase a third vehicle (teenager gets the wife's old van) and she wants a mustang that's a good value. Have recently seen a few 98's with V-6 (good for insurance values) coupes and convertibles. Had one dealer ready to sell me one with 49k miles for around $10k. What should I be looking for? Any recommendations? We need to cost to be at or below $10k and this will be a cash deal.

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09-11-2001, 09:06 AM	#2
95mustanggt Registered Member Join Date: May 2000 Location: Kamloops, BC Posts: 2,875	To be honest with you I'd try to get a 99 V6. They have the extra oomph that the 94-98 cars lacked. although $10k, sounds a little high for an older SN95 V6. ------------------ 1995 Mustang GT

09-11-2001, 09:40 AM	#3
Y2kXLTSport Registered Member Join Date: Sep 2001 Location: Crowley, TX, USA Posts: 4	Unfortunately, 99 and up get quickly out of my price range for this car. According to NADA and KBB, I thought that the 10k figure was about right. Is the market not supporting their estimates?

09-12-2001, 07:16 AM	#5
Y2kXLTSport Registered Member Join Date: Sep 2001 Location: Crowley, TX, USA Posts: 4	Any other opinions?

09-12-2001, 08:09 AM	#6
Mach 1 Registered Member Join Date: May 1999 Location: Georgia Posts: 3,866	Let me tell you something about KBB and NADA. If you pay the dealer about $4000.00 less than what the book lists, you are starting to get close to a decent deal. Anything higher, and they are stealing your money. Good luck ------------------ 1993 GT/AOD '93 Mustang GT

09-12-2001, 07:09 PM	#7
Mr 5 0 Conservative Individualist Join Date: May 1997 Location: Wherever I need to be Posts: 7,487	$10,000. for a '98 V-6 with 49k is a good deal. As with any used car, beware prior accident damage or a false odometer setting. Get a warranty and have the car inspected by your own mechanic. $10k is a lot of cash to spend on a lemon so don't rush into buying because it looks good or the price is 'one day only'. Good luck.

09-12-2001, 07:16 PM	#8
stanger8172 Registered Member Join Date: Nov 2000 Location: Milwaukee,Wisconsin Posts: 380	Look to make sure all the body panels line up evenly. If they don't then it may have been in an accident. Someone on this site can run the VIN# through Carfax for ya too. ------------------ '91 LX convertible , T-5,Centerforce Dual Friction, FMS adjustable cable w/quadrant, ported/polished/milled E7 heads, 1.6rr, 1.94/1.60 stainless valves, March Performance Pulleys and A/C Eliminator

09-13-2001, 06:20 AM	#9
Y2kXLTSport Registered Member Join Date: Sep 2001 Location: Crowley, TX, USA Posts: 4	Thanks for the updates. I've already talked to my mechanic's shop to make sure they can perform a pre-purchase inspection and every potential seller I have been dealing with is willing to "loan" the car for this inspection. I figured I would have to pay the $$ to get a CARFAX report, but if someone can do that for me as we settle on a vehicle, that would be great.