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'05 'stang depreciation



 
 
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  #1  
Old December 16th 04, 05:28 PM
Grumbler
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Default '05 'stang depreciation

Speaking for myself, have never paid much attention
to the depreciation cycle of cars/trucks in general as
it's all about enjoying the vehicle of your choice, not
how much it's worth down the road.

My wife wants to buy the new '05 'stang GT, and I
advised her to wait for the '06 models as supply is
going to catch-up with demand plus any bugs in the
'05 model might be rectified by then.

One feature she needs, what with being only 5' tall,
would be a height adjustable bucket seat which is
not available.

Anyway, she thinks she has to get the '05 model as
it's the first year of production, and would be worth
more in the years ahead than the '06 or '07 variants.

Would that actually be the case or wishful thinking?

Thxs!
-=Grumbler


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  #2  
Old December 16th 04, 05:35 PM
2.3Sleeper
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Default


"Grumbler" > wrote in message
...
> Speaking for myself, have never paid much attention
> to the depreciation cycle of cars/trucks in general as
> it's all about enjoying the vehicle of your choice, not
> how much it's worth down the road.
>
> My wife wants to buy the new '05 'stang GT, and I
> advised her to wait for the '06 models as supply is
> going to catch-up with demand plus any bugs in the
> '05 model might be rectified by then.
>
> One feature she needs, what with being only 5' tall,
> would be a height adjustable bucket seat which is
> not available.
>
> Anyway, she thinks she has to get the '05 model as
> it's the first year of production, and would be worth
> more in the years ahead than the '06 or '07 variants.
>

I am going to agree with you on the practical side. Leave the first year
alone. I had tons of little issues with my Contour when I bought it. First
year of the model and it went back in numerous times. I loved the car, and
don't regret buying it, but I should have waited 6 more months.

While it is tempting to have the first year run, when models starting
packing the dealerships, you might find some a bit heaper also.

Don Manning






> Would that actually be the case or wishful thinking?
>
> Thxs!
> -=Grumbler
>
>



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  #3  
Old December 16th 04, 06:52 PM
Dana H. Myers
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Grumbler wrote:

> Anyway, she thinks she has to get the '05 model as
> it's the first year of production, and would be worth
> more in the years ahead than the '06 or '07 variants.
>
> Would that actually be the case or wishful thinking?


*Totally* wishful thinking. Like Beanie Babies.

Dana

  #4  
Old December 16th 04, 08:18 PM
Grumbler
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"Dana H. Myers" > wrote:
> *Totally* wishful thinking. Like Beanie Babies.


We've got all too many Beanie Babies stashed
away in the house ... probably 400+ and all of
them belong to my daughters. :-/

One daughter wants to sell all of hers while the
other wants to keep hers. Too many on Ebay.

-=Grumbler


  #5  
Old December 16th 04, 08:34 PM
Dan
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Year One will start regaining value about 20 years from now. Every MY
from 2005 on will depreciate at pretty much the same rate and the "year
ones" will bottom out just as low as any other year. The only thing
that could change this is if the Mustang line somehow ends this year
. Then it would only be a decade or so . The upside is that there
will only be 130,000 to 200,000 of the 2005 Mustangs made, probably.
That's significantly less than the half a million that were made in
'64/'65. So their future appreciation should be better. But it will
still take 20 years to reach that point and another few years to
appreciate up to and past it's original value.

Unless you plan to keep the car that long and maintain it in decent
condition, there's no collectibility advantage in buying a first year
S197 Mustang, imho.
..
Dan
2003 Cobra convertible
With some stuff and things

  #6  
Old December 17th 04, 03:18 AM
Nicholas D
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"Grumbler" > wrote in message
...
> Speaking for myself, have never paid much attention
> to the depreciation cycle of cars/trucks in general as
> it's all about enjoying the vehicle of your choice, not
> how much it's worth down the road.
>
> My wife wants to buy the new '05 'stang GT, and I
> advised her to wait for the '06 models as supply is
> going to catch-up with demand plus any bugs in the
> '05 model might be rectified by then.
>
> One feature she needs, what with being only 5' tall,
> would be a height adjustable bucket seat which is
> not available.
>
> Anyway, she thinks she has to get the '05 model as
> it's the first year of production, and would be worth
> more in the years ahead than the '06 or '07 variants.
>
> Would that actually be the case or wishful thinking?
>
> Thxs!
> -=Grumbler


Hmm Supply demand, options, colors, production numbers, competition,
condition, mileage, all these can effect the price of the car. IMO if
everyone decided to wait on '06 then '05 would be worth more with less
available. Next what options or colors would be dropped next year like that
nice Lime Green. Or perhaps they will drop the multi color dash option.
Right now I feel every Mustang owner is at an advantage cause it is the
first and last pony car around. With the coming years Mustang will only be
competing with itself with Cobra's, Shelby's, Saleen's, Mach I's, etc...
Bottomline get what you like and treat it really well if you want it to be
worth anything in the future.

-Nick


  #7  
Old December 17th 04, 07:20 AM
Cory Dunkle
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Posts: n/a
Default

"Grumbler" > wrote in message
...
> Speaking for myself, have never paid much attention
> to the depreciation cycle of cars/trucks in general as
> it's all about enjoying the vehicle of your choice, not
> how much it's worth down the road.
>
> My wife wants to buy the new '05 'stang GT, and I
> advised her to wait for the '06 models as supply is
> going to catch-up with demand plus any bugs in the
> '05 model might be rectified by then.
>
> One feature she needs, what with being only 5' tall,
> would be a height adjustable bucket seat which is
> not available.
>
> Anyway, she thinks she has to get the '05 model as
> it's the first year of production, and would be worth
> more in the years ahead than the '06 or '07 variants.
>
> Would that actually be the case or wishful thinking?


Who cares what it's worth in years to come. Buy the car becuase it's worth
to you whatever it cost. it's silly to buy a car and plan on selling it 5-10
years down the road. If you have the money to buy a new car, get a car you
really want and that you are happy with. Then there will be no reason to
sell it, and resale value is of no concern, as by the time you go to sell
it, it'll be just about used up and have little value anyway.

Just my two cents. For whatever it's worth I plan to keep my '68 forever. My
great grandma bought it new. It'll only leave my posession when it gets
passed on my son or daughter many many years down the road (gotta get
married and have kids first I suppose, heh heh).

Cory


  #8  
Old December 17th 04, 02:47 PM
SVTKate
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Posts: n/a
Default

I'm going to disagree with you both.
Give the lady what she wants.

Remember, if momma ain't happy, ain't NOBODY happy.
So what if it depreciates and you lose a few bucks?
Give her the damn car. Maybe she WANTS first year braggin rights.

The thing to remember is that she will get what will make her happy now,
and you won't have an unhappy lady on the pillow next to you every night for
a year or more.

After all... she takes care of YOU... right?
Surely there must be a way to retero fit a Lincoln adjustible seat base
under the Mustang seat so it will adjust.

Kate

"2.3Sleeper" > wrote in message
...
|
| "Grumbler" > wrote in message
| ...
| > Speaking for myself, have never paid much attention
| > to the depreciation cycle of cars/trucks in general as
| > it's all about enjoying the vehicle of your choice, not
| > how much it's worth down the road.
| >
| > My wife wants to buy the new '05 'stang GT, and I
| > advised her to wait for the '06 models as supply is
| > going to catch-up with demand plus any bugs in the
| > '05 model might be rectified by then.
| >
| > One feature she needs, what with being only 5' tall,
| > would be a height adjustable bucket seat which is
| > not available.
| >
| > Anyway, she thinks she has to get the '05 model as
| > it's the first year of production, and would be worth
| > more in the years ahead than the '06 or '07 variants.
| >
| I am going to agree with you on the practical side. Leave the first year
| alone. I had tons of little issues with my Contour when I bought it. First
| year of the model and it went back in numerous times. I loved the car, and
| don't regret buying it, but I should have waited 6 more months.
|
| While it is tempting to have the first year run, when models starting
| packing the dealerships, you might find some a bit heaper also.
|
| Don Manning
|
|
|
|
|
|
| > Would that actually be the case or wishful thinking?
| >
| > Thxs!
| > -=Grumbler
| >
| >
|
|
| ---
| Outgoing mail is certified Virus Free.
| Checked by AVG anti-virus system (http://www.grisoft.com).
| Version: 6.0.809 / Virus Database: 551 - Release Date: 12/9/2004
|
|


  #9  
Old December 18th 04, 01:02 AM
Hooked 87
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Posts: n/a
Default

Wait till next year. I still remember the PT Cruisers (glorified neon)
going to auction and selling for 2k over sticker. One year later they
had rebates at the end of the year. The first year is normally the
year of the "bugs" Let the real world driving find all the problems an
let Ford catch up in 06.

  #10  
Old December 18th 04, 05:35 PM
nospam
external usenet poster
 
Posts: n/a
Default


"Cory Dunkle" > wrote in message
...
> "Grumbler" > wrote in message
> ...
>> Speaking for myself, have never paid much attention
>> to the depreciation cycle of cars/trucks in general as
>> it's all about enjoying the vehicle of your choice, not
>> how much it's worth down the road.
>>
>> My wife wants to buy the new '05 'stang GT, and I
>> advised her to wait for the '06 models as supply is
>> going to catch-up with demand plus any bugs in the
>> '05 model might be rectified by then.
>>
>> One feature she needs, what with being only 5' tall,
>> would be a height adjustable bucket seat which is
>> not available.
>>
>> Anyway, she thinks she has to get the '05 model as
>> it's the first year of production, and would be worth
>> more in the years ahead than the '06 or '07 variants.
>>
>> Would that actually be the case or wishful thinking?

>
> Who cares what it's worth in years to come. Buy the car becuase it's worth
> to you whatever it cost. it's silly to buy a car and plan on selling it
> 5-10
> years down the road. If you have the money to buy a new car, get a car you
> really want and that you are happy with. Then there will be no reason to
> sell it, and resale value is of no concern, as by the time you go to sell
> it, it'll be just about used up and have little value anyway.
>
> Just my two cents. For whatever it's worth I plan to keep my '68 forever.
> My
> great grandma bought it new. It'll only leave my posession when it gets
> passed on my son or daughter many many years down the road (gotta get
> married and have kids first I suppose, heh heh).
>
> Cory
>


Bravo! Cory's right, if you like it, buy it! You or she might get hit by
a bus next week, enjoy life while you can.


 




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