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09-11-2001, 08:14 AM | #1 |
Registered Member
Join Date: Sep 2001
Location: Crowley, TX, USA
Posts: 4
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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. |
09-11-2001, 09:06 AM | #2 |
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Join Date: May 2000
Location: Kamloops, BC
Posts: 2,875
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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 $10k, sounds a little high for an older SN95 V6. ------------------ 1995 Mustang GT |
09-11-2001, 09:40 AM | #3 |
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Join Date: Sep 2001
Location: Crowley, TX, USA
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Unfortunately, 99 and up get quickly out of my price range for this car. According to NADA and KBB, I thought that the 10k figure was about right. Is the market not supporting their estimates?
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09-11-2001, 09:58 AM | #4 | |
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Join Date: May 2000
Location: Kamloops, BC
Posts: 2,875
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Quote:
I guess it depends on the options and where you are. Most of the cars that I am familiar with are in Canada. I have to convert the value to US$. $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 |
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09-12-2001, 07:16 AM | #5 |
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Join Date: Sep 2001
Location: Crowley, TX, USA
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Any other opinions?
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09-12-2001, 08:09 AM | #6 |
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Join Date: May 1999
Location: Georgia
Posts: 3,866
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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 |
Conservative Individualist
Join Date: May 1997
Location: Wherever I need to be
Posts: 7,487
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$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 |
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Join Date: Nov 2000
Location: Milwaukee,Wisconsin
Posts: 380
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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 |
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Join Date: Sep 2001
Location: Crowley, TX, USA
Posts: 4
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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. |
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