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2005 Mustang GT, 9300 miles. #4115234 06/04/16 06:06 PM
Joined: Jun 2012
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oldhp Offline OP
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Looking at a 2005 Mustang GT coupe, 4.6/auto, 100% bone stock. Red, red leather power seats, power everything, AM/FM CD, factory 5 spoke alloy rims. Engine is the 3 valve 300HP version. Excellent beyond belief. The bottom of car is amazing clean. This car has been garage kept it's entire life. It is a one owner with 9300 documented miles!
Now.....How much does one add value wise for the super low use of this car???
Asking $20,000...asking now. Best KBB book price I could find is $15,400, but no allowance for such low miles.
Need some help here please.


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Re: 2005 Mustang GT, 9300 miles. [Re: oldhp] #4115250 06/04/16 06:20 PM
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Nick1994 Offline
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$20,000 for one of the ugliest models of Mustang made, and it's 11 years old? They're nuts.

You can buy a 2016 Mustang GT for $30k. 0 miles, full warranty.

Or a 2016 V6 Mustang for around $23k. Might even be faster than the 05' V8.


2015 Hyundai Sonata 2.4L 101k STP Synthetic HM 10w30 & OEM
2000 Toyota Camry 2.2L 234k Mobil Super HM 10w40 & Fram Ultra
1996 Jeep Cherokee 4.0L 149k Mobil 1 HM 10w40 & Fram Ultra
Re: 2005 Mustang GT, 9300 miles. [Re: Nick1994] #4115255 06/04/16 06:26 PM
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BigD1 Offline
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Originally Posted By: Nick1994
$20,000 for one of the ugliest models of Mustang made, and it's 11 years old? They're nuts.

You can buy a 2016 Mustang GT for $30k. 0 miles, full warranty.

Or a 2016 V6 Mustang for around $23k. Might even be faster than the 05' V8.


+1


1992 Toyota Pickup--Quaker State Advanced Durability 10W-30--Motorcraft 910S
Re: 2005 Mustang GT, 9300 miles. [Re: oldhp] #4115257 06/04/16 06:26 PM
Joined: Sep 2004
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Mr Nice Offline
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Nick, I have to agree with you.

Maybe $20K for a 2005 C6 Vette base coupe, but not a Mustang.

Re: 2005 Mustang GT, 9300 miles. [Re: oldhp] #4115265 06/04/16 06:33 PM
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dishdude Online Content
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It might actually be worth more if it were a 2004.

The problem with something like this is as soon as you put some miles on it, all you have is another used Mustang so you'll take a bath on depreciation unless this is going to be a garage queen.


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Re: 2005 Mustang GT, 9300 miles. [Re: oldhp] #4115282 06/04/16 06:57 PM
Joined: Dec 2009
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Robenstein Offline
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according to NADA, the clean retail for that car is 13k with that many miles. You can enter mileage as a factor in the NADA guide online.


2011 Triumph Speedmaster
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1970 Chevy Nova
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Re: 2005 Mustang GT, 9300 miles. [Re: oldhp] #4115286 06/04/16 07:02 PM
Joined: May 2005
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steveh Offline
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For that kind of money I would buy a 2011 or newer with the 400+ HP.

Last edited by steveh; 06/04/16 07:03 PM.
Re: 2005 Mustang GT, 9300 miles. [Re: oldhp] #4115290 06/04/16 07:05 PM
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CT8 Offline
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Lots of money for a 2005 . Cars are worth what the insurance companies will pay you when it is totaled. High blue book may be worth the price but no more. Do a low ball bid and may be he will say I'll take no less than XXXX so then you know where you stand.

Re: 2005 Mustang GT, 9300 miles. [Re: Nick1994] #4115291 06/04/16 07:07 PM
Joined: Dec 2002
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JHZR2 Offline
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Originally Posted By: Nick1994
$20,000 for one of the ugliest models of Mustang made, and it's 11 years old? They're nuts.

You can buy a 2016 Mustang GT for $30k. 0 miles, full warranty.

Or a 2016 V6 Mustang for around $23k. Might even be faster than the 05' V8.


The fact that it's an automatic is a major, major strike.

I can't see paying that much for such a used old car. Yeah, it's somebody's baby - got it. But that doesn't mean it gets a massive premium at its current age and condition.

Re: 2005 Mustang GT, 9300 miles. [Re: oldhp] #4115293 06/04/16 07:09 PM
Joined: Oct 2014
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CT8 Offline
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Except for the Pinto twos all mustangs look good.

Re: 2005 Mustang GT, 9300 miles. [Re: CT8] #4115315 06/04/16 07:32 PM
Joined: Dec 2014
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Ethan1 Offline
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The early Fox bodies were ugly as sin IMO

Re: 2005 Mustang GT, 9300 miles. [Re: oldhp] #4115359 06/04/16 08:08 PM
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aquariuscsm Online Content
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If you really like it,offer them book value for it. If they act like aholes about it,walk away.


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Re: 2005 Mustang GT, 9300 miles. [Re: Ethan1] #4115379 06/04/16 08:36 PM
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Nick1994 Offline
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Originally Posted By: Ethan1
The early Fox bodies were ugly as sin IMO
I actually haven't liked any of the Mustang body styles except for the very first style, and the 2010-2014, and also the 2015-present is growing on me.

All the others... puke


2015 Hyundai Sonata 2.4L 101k STP Synthetic HM 10w30 & OEM
2000 Toyota Camry 2.2L 234k Mobil Super HM 10w40 & Fram Ultra
1996 Jeep Cherokee 4.0L 149k Mobil 1 HM 10w40 & Fram Ultra
Re: 2005 Mustang GT, 9300 miles. [Re: oldhp] #4115380 06/04/16 08:36 PM
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clinebarger Offline
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20K for a 4.6L car....No Way! That's used 5.0L Coyote money, Or close enough.

Looks are a personal preference....Not going there.


2001 Chevy Camaro L92/4L80E
2006 Chevy 2500HD LBZ/Allison 1000
2010 Toyota Corolla 2ZR-FE/U341E
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Re: 2005 Mustang GT, 9300 miles. [Re: oldhp] #4115382 06/04/16 08:37 PM
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cptbarkey Offline
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I love the 08 Bullitt, hopefully there will be a re-run someday.

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