2024 Mustang GT new purchase discount off MSRP

[noac]

Looking at a 24 GT…..msrp 54k….dealer has it listed 4k off sticker. Is it just me or is this a terrible deal? I read a lot about these s650 tanking in value when Guys trade them in or sell them.….like losing 20k over the course of a few months. It seems to me that the entire car market is due for a correction on prices, yet Ford made the 25’s even more money. Is expecting 10k off a new Mustang to unrealistic?

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[Rocket Man]

that car should be at least 5500-7500 off.

 

[Grabber1]

10K off msrp is a lot. However it's a buyers market.

 

[4ksk416]

Region plays a big part on price. Some dealers are willing to negotiate and others not so much. Cargurus.com was a helpful tool. In my area, I think 4-6k off a 400a is a solid deal.

 

[Q6543]

The profit margin for Ford isn’t even 10K friend…

they are not building these to lose money (like EVs lol)

yes, you’re gonna eat 10K depreciation the second you sign the papers, but that’s the cost to buy a new car.

 

[DeluxeStang]

New car depreciation is just a part of life. The only car my family has owned that hasn't depreciated really is a maverick hybrid, which even now, more than 2 years later, I can sell for what I paid new for it. But most cars aren't that way. Never go into a new car, especially a new performance car, expecting it to be a good financial investment. Go into it because you love the car and want to enjoy it.

 

[RaceRedder]

I'm probably the most lucky one.

I bought my Mustang GT PP with all the options for 55.000 Euro in Canada.

De car costs 142.000 Euro in my country

After driving the car for 3 years I still can sell it for 70.000 Euro. 15.000 Euro more than I bought it brand new.

 

[noac]

New car depreciation is just a part of life. The only car my family has owned that hasn't depreciated really is a maverick hybrid, which even now, more than 2 years later, I can sell for what I paid new for it. But most cars aren't that way. Never go into a new car, especially a new performance car, expecting it to be a good financial investment. Go into it because you love the car and want to enjoy it.

Well aware…just seems like the s650 is worse than most.

 

[10basscat]

The car market like most things is in constant flux! It goes up and it goes down. Supply and demand is one of the biggest drivers. When new cars are getting big markdowns used car prices will suffer-it’s not rocket science. For example I was trying to trade in my wife’s Bronco 1 yr ago with 6k miles on it and I was going to get 54k for it. The new one wasn’t getting anything off MSRP. This week I traded it for 44k with 13k miles but the new one was $9,200 off MSRP! It wasn’t long ago the lots were mostly empty, today they are full and it’s a buyers market. Don’t stress over it. All you can do is find a deal you’re happy with today and move on. Stressing over how much your car depreciates is just a waste of energy.

 

[BizJetTech]

I just purchased a new 24 GT base 10 spd and got 9% off msrp which was about $4200 - IMO, 9% off msrp is about as good as you can do on a new 24 S650.

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