This makes me sad!!! - Northern California Ford Owners

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Posted by EPIK (Member # 7481) on :

2003 Ford Mustang - Private Party Pricing Report - Official Kelley Blue Book Site

[Frown]

DAMN ECONOMY!!!!

Posted by WickedStang (Member # 7692) on :

DAMN!!! Under 13K [Eek!]

Sooo,so SAD.

Posted by crazyhorse (Member # 5662) on :

Wow!! that is a crazy. I didnt know they had depreciated so much. wish I could buy one now but im outta work. [Frown]

Posted by EPIK (Member # 7481) on :

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]

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 ]

Posted by venomous99 (Member # 1917) on :

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.

Posted by solbrothers (Member # 7524) on :

didnt someone on here just pay $10k for a mach 1?

Posted by 98 GT (Member # 7944) on :

quote:
Originally posted by solbrothers:
didnt someone on here just pay $10k for a mach 1?

ya i did haha [Smile]

...

Posted by EPIK (Member # 7481) on :

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!]

[ March 05, 2009, 01:34 AM: Message edited by: EPIK ]

Posted by solbrothers (Member # 7524) on :

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>*

Posted by WickedStang (Member # 7692) on :

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! [Mad]

Posted by JohnB (Member # 969) on :

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.

Posted by 95GTConvtACE (Member # 6399) on :

I have one that I have been looking up on Carmax. I might as well put the link up.
http://www.carmax.com/enUS/view-car/default.html?AVi=2&id=5470385&D=90&ASTc=svt&zip=95842&No=0&Ep=homepage:homepage&Rp=R&PP=20&sV=List&CD=14+240+190+8+9&Q=ab29c98b-66d8-4c58-bae3-1 cd731899e04
They will put the one with under 10k up tomorrow. It is a vert also. I don't have the money to transfer nor buy either one any how.

[ March 05, 2009, 01:57 AM: Message edited by: 95GTConvtACE ]

Posted by BlownMach1 (Member # 5400) on :

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

Posted by 95GTConvtACE (Member # 6399) on :

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.

Posted by EPIK (Member # 7481) on :

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 ]

Posted by EPIK (Member # 7481) on :

Damn!! This guy is on crack!! [Eek!]

http://sacramento.craigslist.org/cto/1053822382.html

Here is one for $17,500
http://sacramento.craigslist.org/cto/1050711925.html

[ March 05, 2009, 02:31 AM: Message edited by: EPIK ]

Posted by 03gtPONY (Member # 5337) on :

i always go on nadaguides....makes me feel better about my car lol

http://www.nadaguides.com/usedcars.aspx?LI=1-21-1-5013-0-0-0&l=1&w=21&p=1&f=5014&m=1065&d=6036&y=2003&c=15&vi=50803&z=94579&da=-1&mi=51000

13.8k for your mach 1

Posted by Mach916 (Member # 8264) on :

i cant believe my cars kbb dropped 5k in less then 1 year.. [Mad]

Posted by N8 (Member # 6048) on :

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 [patriot]

Posted by JohnB (Member # 969) on :

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]

Posted by asskickn88 (Member # 4957) on :

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.

Posted by S281 #314.... AKA SydeWayzSix (Member # 3596) on :

Wow....if I sell my Saleen I'm definitely shooting for a Mach [Whoo Whooooo!]

Posted by 98 GT (Member # 7944) on :

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.

Posted by East Bay 50 (Member # 8081) on :

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]

Posted by FriscoNotch (Member # 5916) on :

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

Posted by 92stangLX (Member # 3252) on :

Didn't the same thing in the 70's when gas prices shot up?

Posted by 95GTConvtACE (Member # 6399) on :

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]

This is the one I was talking about.
This one has less than 10k on mileage and under 25k.
http://www.carmax.com/enUS/view-car/default.html?AVi=2&id=5551914&D=90&ASTc=svt&zip=95842&No=0&Ep=homepage:homepage&Rp=R&PP=20&sV=List&CD=14+240+190+8+9&Q=4df2c84c-8a4e-469d-a4b2-d 7c173977a32

[ March 05, 2009, 09:23 PM: Message edited by: 95GTConvtACE ]

Posted by VENOMUS PONY 5.0 (Member # 7785) on :

Thank god were in a RECATION AND NOT IN A DEPRECION. We will be in a deprecion once the unemployment rate goes up to 20% as a whole meaning the whole us. Butt California is already up to 20%. I be up on this bull because I'am a statistic on the unemployment rate.

Posted by VENOMUS PONY 5.0 (Member # 7785) on :

CORRECTION ............."RECESION".......

Posted by its50 (Member # 4069) on :

i just checked my 04 mach 1 on kbb and im 13,596..wooow yea that makes me sick.i paid 18k for my 2004 bucket [BS flag]

Posted by xvt's 85 5.0 (Member # 4765) on :

quote:
Originally posted by VENOMUS PONY 5.0:
CORRECTION ............."RECESION".......

Recession
Depression
We're
But

Posted by BCINGUU (Member # 2397) on :

quote:
Originally posted by xvt's 85 5.0:
Recession
Depression
We're
But

Say what?

Posted by JohnB (Member # 969) on :

quote:
Originally posted by 95GTConvtACE:

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".
This is the one I was talking about.
This one has less than 10k on mileage and under 25k.
http://www.carmax.com/enUS/view-car/default.html?AVi=2&id=5551914&D=90&ASTc=svt&zip=95842&No=0&Ep=homepage:homepage&Rp=R&PP=20&sV=List&CD=14+240+190+8+9&Q=4df2c84c-8a4e-469d-a4b2-d 7c173977a32 [/QB]

That's a pretty good price...but after transfer and tax, it's well over 26k...

Posted by Tinner (Member # 2688) on :

A Friend of mine just traded in his 04 cobra to Novoto Ford for a 04 ZO6 , they gave him $17900 for the trade in.
PS
Do not buy a black 04 Cobra from Novoto Ford it has been through hell.

Posted by iron281 (Member # 80) on :

I always find it amazing that folks think their car is worth 80%-90% of what they paid for it new– in this case a Mustang that is 6 years old. You lost $5000+ in the first year.

$12000 is doing pretty damn good, not even considering the current financial climate.

[ March 06, 2009, 07:44 PM: Message edited by: iron281 ]

Posted by 95GTConvtACE (Member # 6399) on :

quote:
Originally posted by JohnB:

quote:
Originally posted by 95GTConvtACE:

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".
This is the one I was talking about.
This one has less than 10k on mileage and under 25k.
http://www.carmax.com/enUS/view-car/default.html?AVi=2&id=5551914&D=90&ASTc=svt&zip=95842&No=0&Ep=homepage:homepage&Rp=R&PP=20&sV=List&CD=14+240+190+8+9&Q=4df2c84c-8a4e-469d-a4b2-d 7c173977a32
That's a pretty good price...but after transfer and tax, it's well over 26k... [/QB]

lol. You got me on a technicality John. Sorry, you win.

Posted by solbrothers (Member # 7524) on :

quote:
Originally posted by VENOMUS PONY 5.0:
Thank god were in a RECATION AND NOT IN A DEPRECION. We will be in a deprecion once the unemployment rate goes up to 20% as a whole meaning the whole us. Butt California is already up to 20%. I be up on this bull because I'am a statistic on the unemployment rate.

wat

Posted by 95GTConvtACE (Member # 6399) on :

quote:
Originally posted by solbrothers:

quote:
Originally posted by VENOMUS PONY 5.0:
Thank god were in a RECATION AND NOT IN A DEPRECION. We will be in a deprecion once the unemployment rate goes up to 20% as a whole meaning the whole us. Butt California is already up to 20%. I be up on this bull because I'am a statistic on the unemployment rate.
wat

lmao.

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