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Author
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Topic: This makes me sad!!!
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WickedStang
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Member # 7692
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posted
 
 
DAMN!!! Under 13K ![[Eek!]](eek.gif) Sooo,so SAD.
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04 mach1 BASSANI EXHAUST/C&L INTAKE
67STANG/CHP 347/BUILT C4/MOROSO DRAG SUSP.
Posts: 1581 | From: salinas831 | Registered: May 2007
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crazyhorse
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Member # 5662
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posted
Wow!! that is a crazy. I didnt know they had depreciated so much. wish I could buy one now but im outta work. ![[Frown]](frown.gif)
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1965 Mustang coupe
Posts: 761 | From: Bay Area | Registered: May 2005
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*EPIK*
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Member # 7481
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posted
quote:
Originally posted by WickedStang:
DAMN!!! Under 13K Sooo,so SAD.
Thats even with the "premium wheels" option LOL!!!
I realized today that I owe waaaaaaaay too much money on this car!!! Funny thing is, I have never missed a payment, in fact, I always pay extra, & I still owe more than its worth!!!
![[Mad]](mad.gif)
I just bought at the wrong time which was the height of the market... back when Cobra's were $26-28k & Machs were $20k!!!
[ March 05, 2009, 01:09 AM: Message edited by: EPIK ]
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=91 Notch:12.31@110 **Under Construction**
=05 CTS-V: 418rwhp/393rwtq=13.01@111
http://www.djepikmusic.com
Posts: 6966 | From: 916 | Registered: Mar 2007
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venomous99
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Member # 1917
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posted
well..not sure if it says anything about machs being undervalued from actual market price in the bay area but if u look at an 03 cobra on kbb assuming about 30k miles, the high private party price is a tad bit under 18k. the majority of 03 cobras listed around here are anywhere from 21k to 25k but not quite what theyve been selling at.
Posts: 4811 | From: dc | Registered: Oct 2002
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solbrothers
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Member # 7524
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posted
didnt someone on here just pay $10k for a mach 1?
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2100+ posts, 15 useful
Posts: 2172 | From: vallejo | Registered: Mar 2007
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98 GT
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Member # 7944
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posted
quote:
Originally posted by solbrothers:
didnt someone on here just pay $10k for a mach 1?
ya i did haha ![[Smile]](smile.gif) ...
Posts: 424 | From: Pittsburg | Registered: Oct 2007
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*EPIK*
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Member # 7481
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posted
quote:
Originally posted by venomous99:
well..not sure if it says anything about machs being undervalued from actual market price in the bay area but if u look at an 03 cobra on kbb assuming about 30k miles, the high private party price is a tad bit under 18k. the majority of 03 cobras listed around here are anywhere from 21k to 25k but not quite what theyve been selling at.
03/04 Cobra owners need to wake up, they are NOT worth anything over $18k in this market.... If GT's go down, Mach's go down, then Cobra's go down as well!!!
Hey I just realized something, I'm @ 3,000 posts!!! ![[Whoo Whooooo!]](graemlins/woowoo.gif) ![[dance]](graemlins/dance.gif) ![[Big Grin]](biggrin.gif) ![[patriot]](graemlins/patriot.gif) ![[Cool]](cool.gif)
[ March 05, 2009, 01:34 AM: Message edited by: EPIK ]
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=91 Notch:12.31@110 **Under Construction**
=05 CTS-V: 418rwhp/393rwtq=13.01@111
http://www.djepikmusic.com
Posts: 6966 | From: 916 | Registered: Mar 2007
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solbrothers
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Member # 7524
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posted
quote:
Originally posted by 98 GT:
quote:
Originally posted by solbrothers:
didnt someone on here just pay $10k for a mach 1?
ya i did haha ...
i hate u haha. i owe 6xxxK on on my fit, but i could sell my honda fit to carmax for like $14k, and get a mach 1.... but im trying to get a house, so mpg>*
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2100+ posts, 15 useful
Posts: 2172 | From: vallejo | Registered: Mar 2007
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WickedStang
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Member # 7692
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posted
quote:
Originally posted by EPIK:
quote:
Originally posted by WickedStang:
DAMN!!! Under 13K Sooo,so SAD.
Thats even with the "premium wheels" option LOL!!!
I realized today that I owe waaaaaaaay too much money on this car!!! Funny thing is, I have never missed a payment, in fact, I always pay extra, & I still owe more than its worth!!!
I just bought at the wrong time which was the height of the market... back when Cobra's were $26-28k & Machs were $20k!!!
I feel u on that one!
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04 mach1 BASSANI EXHAUST/C&L INTAKE
67STANG/CHP 347/BUILT C4/MOROSO DRAG SUSP.
Posts: 1581 | From: salinas831 | Registered: May 2007
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JohnB
Tech Moderator
Member # 969
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posted
quote:
Originally posted by EPIK:
quote:
Originally posted by venomous99:
well..not sure if it says anything about machs being undervalued from actual market price in the bay area but if u look at an 03 cobra on kbb assuming about 30k miles, the high private party price is a tad bit under 18k. the majority of 03 cobras listed around here are anywhere from 21k to 25k but not quite what theyve been selling at.
03/04 Cobra owners need to wake up, they are NOT worth anything over $18k in this market.... If GT's go down, Mach's go down, then Cobra's go down as well!!!
Lemme know where you can find a clean title 03-04 Cobra with under 60k miles on it for 18k. Better yet, find one with 10k miles under 25k.
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1965 Shelby Cobra
1993 Cobra
2012 F150 Raptor
2020 GT500
Posts: 6523 | From: Orlando FL/Redding CA | Registered: Mar 2002
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*BlownMach1*- TRMYN8R
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Member # 5400
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posted
yeah actually i was lookin at a redfire cobra with 56k miles and he was askin 18k! just dont really like that color. thats the least desireable color to me out of all them
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88 notch- MM&FF June 2014 feature car
93 cobra #1879
90 hatch "Wifey's"
14 F150
89 mastercraft- wake tower with some sound
Team True Forged!!!
Posts: 3535 | From: sac town | Registered: Feb 2005
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87Fox916
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Member # 6399
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posted
The sad thing is, the Carmax listing is suggested retail pricing. This is usually the highest price you will see on Kelly Blue book. I believe the private sale would be in the teens.
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87 Mustang GT
Posts: 1652 | From: SACRAMENTO | Registered: Jan 2006
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*EPIK*
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Member # 7481
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posted
quote:
Originally posted by JohnB:
quote:
Originally posted by EPIK:
quote:
Originally posted by venomous99:
well..not sure if it says anything about machs being undervalued from actual market price in the bay area but if u look at an 03 cobra on kbb assuming about 30k miles, the high private party price is a tad bit under 18k. the majority of 03 cobras listed around here are anywhere from 21k to 25k but not quite what theyve been selling at.
03/04 Cobra owners need to wake up, they are NOT worth anything over $18k in this market.... If GT's go down, Mach's go down, then Cobra's go down as well!!!
Lemme know where you can find a clean title 03-04 Cobra with under 60k miles on it for 18k. Better yet, find one with 10k miles under 25k.
Sorry John, but 03/04 Cobra's lose value just like Mach's do... They have always been worth $5-$6k more than mach's which would make them worth $17k-$19k in this market...(private party value of course)
Here is the "Suggested retail value" on KBB, which retail is always the highest...This is for a 30k mile 03 Cobra coupe in "excellent condition"... Thats a far cry from $25k, & private party should be around $2k-$3k less....
http://www.kbb.com/KBB/UsedCars/PricingReport.aspx?YearId=2003&VehicleClass=UsedCar&ManufacturerId=15&Condition=Excellent&ModelId=93&PriceType=Retail&VehicleId=2262&Mileage=30000&S electionHistory=2262%7C30124%7C95829%7C0%7C0%7C
[ March 05, 2009, 02:48 AM: Message edited by: EPIK ]
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=91 Notch:12.31@110 **Under Construction**
=05 CTS-V: 418rwhp/393rwtq=13.01@111
http://www.djepikmusic.com
Posts: 6966 | From: 916 | Registered: Mar 2007
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Mach916
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Member # 8264
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posted
i cant believe my cars kbb dropped 5k in less then 1 year..
Posts: 1247 | From: Sacramento | Registered: Mar 2008
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N8
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Member # 6048
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posted
In the summer I will be in the market for a 03-04 cobra. But it has to be black. Hopefully the prices tank about that time
Posts: 11638 | Registered: Sep 2005
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JohnB
Tech Moderator
Member # 969
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posted
quote:
Originally posted by EPIK:
Here is one for $17,500
http://sacramento.craigslist.org/cto/1050711925.html [/QB]
You do know that it's basically a salvaged title car, right? It's a buyback...meaning the dealer didn't want any drama, as it had been in the shop MANY times...so the manufacturer bought it back.
I'm sure they depreciate, as does everything. But like I said, you won't find one for cheap unless it's got mega miles or is beat up/salvaged. And as for KBB values...they fall in the same category as 93 Cobras and such...you won't find them for "suggested retail value". ![[Wink]](wink.gif)
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1965 Shelby Cobra
1993 Cobra
2012 F150 Raptor
2020 GT500
Posts: 6523 | From: Orlando FL/Redding CA | Registered: Mar 2002
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asskickn88
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Member # 4957
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posted
quote:
Originally posted by EPIK:
Damn!! This guy is on crack!!
http://sacramento.craigslist.org/cto/1053822382.html
That's the classic: "my girlfriend/wife wants me to sell my car" ad. He WAY overprices it so there's no way in hell it will ever sell.
Another thing we need to remember, KBB doesn't determine the actual value of a car. If it did then you could buy a Fox for $800. Another thing to remember, an 03 Cobra was selling in the mid $20K range when they were 3 years old..... these cars are now 6 years old, that value isn't going to hold out forever.
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Three 540 Bimmers and a 5.0 Explorer.... got a Ford back in the stable!
It's time for the country to do what Obama's own father did.
Abandon him.
Posts: 6069 | From: Rocklin, Ca | Registered: Oct 2004
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SydeWaySix
CAFords OG
Member # 3596
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posted
Wow....if I sell my Saleen I'm definitely shooting for a Mach
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2013 Boss 302 #356. Performance White. Stock.
1965 Fastback GT Restored to stock spec.
Posts: 9882 | From: Bay Area | Registered: Dec 2002
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98 GT
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Member # 7944
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posted
there was a red Cobra out in L.A an it has 40k miles an the guy was askin 16k flat. an it was clean title.
Posts: 424 | From: Pittsburg | Registered: Oct 2007
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East Bay 50
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Member # 8081
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posted
quote:
Originally posted by JohnB:
quote:
Originally posted by EPIK:
Here is one for $17,500
http://sacramento.craigslist.org/cto/1050711925.html
You do know that it's basically a salvaged title car, right? It's a buyback...meaning the dealer didn't want any drama, as it had been in the shop MANY times...so the manufacturer bought it back.
I'm sure they depreciate, as does everything. But like I said, you won't find one for cheap unless it's got mega miles or is beat up/salvaged. And as for KBB values...they fall in the same category as 93 Cobras and such...you won't find them for "suggested retail value". [/QB]
+1 you beat me to saying that car was a salvage title. I'm glad my Cobra is almost paid for. only 1 year left! ![[Razz]](tongue.gif)
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Kurgan tuned stroked and blown 347 foxbody. boost nukka!
Posts: 2699 | Registered: Dec 2007
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FriscoNotch
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Member # 5916
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posted
Looks like new car prices are tanking as well. Why mess around with a 6 year old car when you can get an 09 GT for almost the same price
NEW 2009 Ford Mustang GT Manual - $21995 (santa clara)
http://sfbay.craigslist.org/sby/ctd/1060762653.html
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'93 SSP 5.0 Police Coupe
'83 GLX 5.0 Coupe
'79 Ghia Coupe
Posts: 305 | From: SF | Registered: Aug 2005
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