Quote:
Originally Posted by Steve Carlton
What's the premium for it being a Bullitt and having 2,700 miles? What would a 10-30K V8 Mustang that's about 10 years old be worth normally?
Looking at eBay completed listings, it looks like $22,500 for this one was just under market value. Normal ones with 3-20K miles sold for $16-17K. Based on that, I'd rate this one a buy. Not too much of a premium for a somewhat special edition with some bona-fide upgrades. Looking at TrueCar for a lightly-equipped 2018 shows them going for about $33K or so. A lot more car for the money there, I think. Mustangs have always been a lot of car for the money. I think I paid $16,800 for a loaded 1989 5.0 LX Sport Convertible.
I think for a few thousand more, I'd get a Boss 302 or Shelby GT500. Probably more upside potential down the road...
https://bringatrailer.com/ford/mustang-s197-2005-2014/ |
Interesting link. I didn't know BAT had that feature. Anyway, I did drool a bit when the Boss 302's came out, especially the mechanical bits that moving up to a Laguna Seca gave. But I just couldn't get past the "boy racer" looks. I think Bullitts demand and get a premium over the regular GT's is because of their (admittedly minor) performance upgrades, and the understated looks. Gt500? Never much a fan of huffer engines, prefer a better balanced naturally aspirated ride. Not sure about the potential upside...very few Mustangs become sought after by collectors.
Some also go for low production numbers. Both '08 and '09 Bullitts, a total of 6,582 made. 4975 in Green, 1607 in black. I suppose if you want the absolute lowest number made, you'd look for an '09 in Black. Only 181 of those, 629 in Green.
Mine, strut number 6380, is a Green '09.
No doubt the 5.0 cars have more power. In truth, I seldom use the 315 available to me. So, as with all cars, it depends on what you want. To Ford's credit, the Mustang comes in many ranges of performance...if you want one with great MPG numbers, they make it. If you want to be a road course track day guy, they make it. Drag strip? Sure, no problem.
With this one? From my experience, somebody just bought a nice daily driver with many trouble free miles in it's future. Or...can join the hood up cars and coffee set if that's his bag.