unless I am mistaken a new Mustang is coming out for 2009 which means it will be released in like June - July of 2008

Given this news, and the fact that on autotrader.com, cars.com, and ebay there are a PLETHORA ( i try and use that word as much as possible when the opportunity arrives, how often do you get to say PLETHORA, unless of course you are terrorizing small towns in Mexico and your name happens to be El Guapo lol ) where was I, oh right, prices, there are numerous Saleens in the $20-low30k and with a new model there usually is a big hit on the last model.

That being said, I think it would be prudent to wait until the fall and save myself/yourself up to 10K$ on a purchase - the forcast financially for the economy and the country is BAD, much worse than projected. Gas went up last summer and will do so again, the credit crisis and mortgage world will continue to decline as more short arms go belly up and government stands around with its hands in its pockets or our pockets more like it LOL!

Interest rates wont go up much this year, with the election its bound to be a rocky trip anyway, that and the todays news of more housing declines making RECORD falls means money is going to get tight nationally for consumers which will bring about LOW prices

thoughts, comments, remarks, espresso? :P

They should come out in 2010 right? 99-04 then 05-10

from car and driver

http://www.caranddriver.com/carnews/13665/spied-2009-ford-mustang.html






Spied: 2009 Ford Mustang - Car News



Reworked Mustang hides black eyes and a new nose under heavy bandages.



BY JARED GALL, PHOTOGRAPHY BY BRENDA PRIDDY & CO.
August2007




With the Chevrolet Camaro (http://www.caranddriver.com/carnews/11429/chevy-camaro-a-go-for-2008.html) and Dodge Challenger (http://www.caranddriver.com/carnews/13291/spied-2008-dodge-challenger.html) getting ready to hit the road and showrooms, Ford is working up a face lift for the Mustang to keep it from appearing the old man of the group. Although nothing is visible beneath the thickly padded bra seen in this latest spy shot, expect the 2009 update to include some interpretation of the flattened, sharpened nose sported by the Giugiaro Mustang (http://www.caranddriver.com/autoshows/12100/giugiaro-ford-mustang-concept.html) concept shown at last year’s L.A. auto show.
Under the reshaped hood, we look forward to Ford’s newest V-8, its upcoming “Boss� modular engine family. Details on the upcoming engine are scarce, but we believe it will begin by trumping Dodge’s 6.1-liter Hemi with a displacement of 6.2 liters. Although the engine is also destined for trucks, Ford couldn’t name an engine Boss and then keep it from the Mustang. We expect displacement for the Mustang in the 5.0-liter range.
And the Mustang couldn’t meet affordability criteria without a V-6 or two. Ford has adopted a strategy whereby Blue Oval models get the 3.5-liter Duratec V-6 and Lincolns are to be differentiated with a 3.7-liter. We expect the Mustang is a candidate for either, as well as the 3.7-liter Twin Force V-6, which has twin turbochargers and direct-injection gasoline-engine technology and is expected to bow in 2010, likely in the second model year of the Lincoln MKS (http://www.caranddriver.com/carnews/13299/2009-lincoln-mks-to-get-turbocharger-and-direct-injection.html) sedan.

The 2009 Mustang will be the same car with subtle differences here and there - like the differences between the SN-95 1994-1998 and 1999-2004 variations. Same car, just different front/rear clips and C pillars. That picture in C&D sure looks like a 2005-2006 V6 Mustang with a big ugly bra to me....meaning they are hiding the new front clip. When a COMPLETE new body design comes out (say in ~2014) then you can begin to wonder about the value of the 2013 models [8D]

As for prices - they aren't going to make them cheaper because the economy is hurting, they'll just have to make less because they are selling less [&:]

Even though my driving habits don't follow this sentiment, I say live for today &buy what you want today because tomorrow has no guarantees.

The Car & Driver article is 6 months outdated. Latest news is that the car will be a 2010 model, debuting in Mid-2009.

http://www.motortrend.com/future/future_vehicles/112_0803_2010_ford_mustang/models.html

Model rollout plans are still being finalized, but the current scenario is that 2009 will be an abbreviated model year, those cars being identical to the 2008. Then, the 2010s will be introduced in spring 2009, much as Ford did when it introduced the 19641/2 Mustang in April of that year, which then dovetailed into the '65.

It really isn't a MAJOR redesign. Biggest news is under the hood where a twin-turbo V6 is possible...

good stuff, thanks for the update !


they may not price them cheaper but that doesn't mean they wont sell for a lot less :)

I'm no gambler.....ok, maybe I am ;).....I bet in 2014 or whenever it is, you won't be able to get a Mustang GT for under MSRP (just like what happened from September 2004 until the end of 2005 on the S197) but you'll be able to get all kinds of still new/untitled 2013's out the door (taxes & title included) for $5k or more UNDER sticker

Put a reminder on this post....we'll talk again in ~7 years [8D]

Veritable cornucopia

No way prices are going down... even if prices stay the same, the quality of the materials in the car will go down.

Is anyone seriously trying to look at housing prices, mortgage interest rates, and the presidential election to guess what's going to happen to used Mustang/Saleen prices 1 or 2 years out??? And where does the $10k in savings number come from???

I could see a substantial increase in gas or insurance costs hitting the used car market (though likely just nominally). But if the car market gets seriously hit, Ford and Saleen will likely just produce less Mustangs. Look back at Saleen's production numbers in the early 90s.

Find a car you like and can afford and buy it (and then post pics)!!

kind of jumping the gun there but ok

no one suggested retail prices are going down,I think abbas you misunderstood the point.

and yes elburrito99I am using the national market and what is taking place in our economy to make a sound and better judgment on when the timing might be preferable to buy a high dollar car thatI will own for at least a few years, how does that not make sense?

when consumers stop spending money as the market has demonstrated, then items like sports cars and luxury automobiles get cheap. If you have not heard that analysts and politicians are using the word "recession" suggesting there will be asignificant decline in general economic activity extending over a period of time usually lasting historically 3 quarters of the year or 9 months. You can see that in the really high $$$ cars already; Porsches and MBs etc

A $50-70 car will easily lose 10K in the first 2 years - how have you not noticed this and be on a car forum? Saleens in particular RARELY have high miles - most FS ads have less than 10K miles. It is called depreciation. Saleens may be unique but there are a dozen companies that make comparable Mustangs and the market doesn't exactly hold well for most 2005+ mustangs in terms of keeping value

Add to that a "Newer" model coming out and that furthers the depreciation. We all know even minor changes still seperate one year to the next.

Hope that helps you :)

I see your point now but I agree with elburrito99.

thats ok, the whole idea is to hear about others perspectives and opinions


:)

OK, I guess I was confused by your first post. I though you were saving and waiting for the 09's because you thought they would be hard pressed to sell them and would be priced down because of the economy. Now it appears you are playing the other side (buying from the used market) which makes sense....yes depreciation is a b*tch, which would play in your favor as the buyer, and of course kick the seller in the a$$ [8D]

ORIGINAL: Z O O R O P A
A $50-70 car will easily lose 10K in the first 2 years - how have you not noticed this and be on a car forum? Saleens in particular RARELY have high miles - most FS ads have less than 10K miles. It is called depreciation. Saleens may be unique but there are a dozen companies that make comparable Mustangs and the market doesn't exactly hold well for most 2005+ mustangs in terms of keeping value

Add to that a "Newer" model coming out and that furthers the depreciation. We all know even minor changes still seperate one year to the next.

Hope that helps you :)


Consumers and manufacturers are well aware that new models come out every 4-5 years, and production numbers are often adjusted to reflect that. Saleens, Roushes, and even Porsches regularly see 20-30% depreciation of a car in the first year or two, regardless of mileage or when they were produced in the 4-5 year model life. All part of the normal market cycles one will see in any new or used car market. And we regularly discuss the prices of usedSaleensin this forum (the tend to drop very quickly once the car is driven off the dealer's lot and then continue to go down for the next several years). I'm honestly not trying to be a jerk, but I guess I'm still not sure what was the point of the thread.

no problem :)

I was discussing the events of the past 6 months and the projections of the next 9 months or so and how it will influence car prices

I am interested to hear what people think about it and how it can determine when a smart timein the near future to buy $$ cars

for example, we are past mid winter so spring isn't far and car prices will go up, and summer they stay fairly steady, fall they get cheap early winter really cheap ......

my guess, given the economic projections andthe recent remarks and lack of plans the Government hass that we are going to see cars getting VERY cheap

there are A LOT of Americans out there who are up to their necks in debt, a lot of big spenders, unemployment is going up too, big investors i think have lost so much capital they have to hold on to their seats, but consumers are no longer spending money, but still hold record debt and investments in the market isnt hot, rates are down but thats for invesment banking, all this to me means that there are going to be a lot of nice cars for cheap $$$ by fall especially in an election year that isn't decided or fun

what's the expression, when there is blood on the streets buy real estate!

by the way you do not sound like a jerk elburrito99

I'm interested to hear what you and others think about the situation and I am thrilled we can discuss it like the good looking well adjustedsophisticated individuals that we are hah!

Regardless of the economy, I don't think high $$ cars will go cheap like you say.New car prices will continue to climb each and every year like the always have. Auto makers will make less because less people will be spending less ifwe really do dive into a recession. New cars will always be haggled about close to MSRP, and used cars will always depreciate hard and fast before they stabilize and potetially climb (collectibles of course).

So to answer your question on determininga smart time to buy - forget the economy, it should be a smart time based on YOUR financial situation. Again, live for today and do what you can manage today.

that is good advice in my eyes, living for today, life certianly is unpredictable. But, if we do dive into a recession suddenly or a long slow digression or growth, I think I could get the car I want, a 2007 speedster, for a lot less than if I decided to buy now. The savings would not simply be due to the end of the year etc add to the economy the enw model coming out, i think prices will be more affordable for buyers and a bummer for sellers at thelate summer fallof this year

given the gravity of the national economy you can't be dismissive when making a large purchase whether its cars or land or ......

To Sowaxmenspoint in the sense you buy what you can afford at the timeand will be able to afford for the the lifetime of ownership even if the economy changes or your personal situation changes. I bought my Saleen in 06 even though I knew there was going to be a chance that my company was going to be out of business or Sold. It eventually did get sold to Citrix but not until March of 07 and They kept me around until June until the sale was completed and I wrapped up my last few customer deals. So yes I bought for me what was an expensive "toy" and I don't regret that. I just bought an 07 Avalanche LTZ loaded (used) and I find myself in the same boat with this new company (Damn Start up IT Security companies) but I am not sweating it because I bought a vehicle that even if I was out of work for a period and the economy/job went boobs up I can still make the payments and still enjoy the cars.
The point is buy what you want and can safely afford and enjoy it now because at the end of the day no one and I mean no one knowswhat can happen. Then all you have is regret saying I coulda , I shoulda, I woulda...


Good luck with what you decide.

Peace.

Zooropa - I think you are thinking about this way too much. Sure the economy can factory in on prices on the used market. But trying to predict the economy or the used market value is like trying to predict the weather - last night we had a severe thunderstorm roll through the produced tornadoes in Indy (yes, in January). The live weather folks said it was moving into my area and we should take cover because winds were steady at 50-60 mph with gusts of 80-100mph. I stood at my front porch and never saw much more than rain coming down at a slight angle [8D]

I just don't think the difference in a used 2007 today vs this summer or whenever a recession hits is going to be as big as you say. Used cars will always depreciate hard and fast, so if saving money is what you are looking for, then just plan on buying a used 2006-2007 whenever the time is right for your wallet.

this is a great discussion! I really appreciate your thoughts and insights and I am glad you feel comfortable not only disagreeing but willing to take some time from your day to talk about it =)

I'm glad you made it clear of the weather sowaxeman, as that could have turned out differently since I read this morning two women were killed last night from those storms

That being said, this isn't about what I or you can afford :) It's about spending money wisely. Like any smart investor timing is key in money and romance! I don't consider cars normally ot be much of an investment, but you can make them a better purchase by finding the best time to buy them when the demand isn't what it has been

There was a an article this morning on CNN that basically not only reinforced what I posted days ago but that the economy is much worse than thought here is the link which is titled "Economy much weaker than expected" http://money.cnn.com/2008/01/30/news/economy/gdp/index.htm?postversion=2008013008

I have no issues with indulgence (we all love Mustangs if we wantedto be more practical/tactful/etc we would buy another car lol )but I'm not going to just throw money away. I strongly believe given the economic woes and more importantly the lack of a plan or even a hint of light at the end of the tunnel this year is going to be terrible fiscally for the national market because consumers are not going to buy like they used to -trickle down economics doesn't work but when consumers stop spending money as they have according to the numbers that mediate our national finances, luxury items like cars, especially cars, get really cheap, so I see me saving at least 10K$ by putting off a purchase until the last quarter of this year.

For example take this speedster : http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&ih=006&sspagename=STRK%3AME WA%3AIT&viewitem=&item=160200544453&rd=1#lg

Retail price of $67K selling for $61K - that is a NEW speedster not even a slightly used car which will go for much less with less than 5K miles - I believe that cars like this example will sell for under 55K$ by the end of the year because of the American W.Smarket, the new model coming out, end of the year savings, and the demand.

Hope you all are safe and warm :)

qucik note,


I completely understand that I could be very very wrong. This isn't my only mode of transportation though so I have time on my side. But given the information and the turn of the economy I really think it's a safe bet and money saved

:)

ORIGINAL: Z O O R O P A
For example take this speedster : http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&ih=006&sspagename=STRK%3AME WA%3AIT&viewitem=&item=160200544453&rd=1#lg

Retail price of $67K selling for $61K - that is a NEW speedster not even a slightly used car which will go for much less with less than 5K miles - I believe that cars like this example will sell for under 55K$ by the end of the year because of the American W.Smarket, the new model coming out, end of the year savings, and the demand.

Hope you all are safe and warm :)


Nice speedster. I got mine for much, much cheaper. And that was back in mid-'06, when the economy was purportedly much stronger. :D Follow ebay and performanceautosport.com (http://www.performanceautosport.com/)for a while; a good deal will pop up sooner or later.

thanks!

so your post begs2 questions; what would you consider a good deal for a 2006/2007 with 12k or less for miles?

and what did you all pay for your ride? ^ ^ if you don't mind confessing to strangers knowing fully well what ever you disclose certainly wont reflect or define anything about you :)

On the other hand:

GM exec: Car prices could jump (http://news.yahoo.com/s/ap/20080129/ap_on_bi_ge/autos_pricing;_ylt=Aq1V.7cToLOqgRC.nQOSnOWL_bIF)

I think if you want a great deal, find a new 2007 sitting at a dealer somewhere right now. I paid $12k below sticker for mine last month.

ORIGINAL: Z O O R O P A
so your post begsÂ*2 questions; what would you consider a good deal for a 2006/2007 with 12k or less for miles?

and what did you all pay for your ride?Â* ^ ^Â*Â* if you don't mind confessing to strangers knowing fully well what ever you disclose certainly wont reflect or define anything about you :)


PM sent.

I think anything for $10k or more off MSRP is a really good deal for a new Saleen. You'll only get a deal like that on a new '07 still sitting on the lot (not a new '08). For a used car with low mileage (less than 5k miles), anything for $15k or more off MSRP is a good deal.