I bought a new 2007 Mustang

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compuwiz1

Admin Emeritus Elite Member
Oct 9, 1999
27,112
930
126
Originally posted by: amdforever2
The price difference between 75k and 100k on the warranty was pretty ridiculous, I'm hoping that when the 75K gets close to expiring they mail me something offering an extension for not as much money. Is that likely?

No, they will not send you anything. At that mileage, nobody will want the risk. If you had any intentions of driving that car outside of the mileage offered, then why didn't you say so, at the time of delivery?

 

amdforever2

Golden Member
Sep 19, 2002
1,879
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Originally posted by: compuwiz1
Originally posted by: amdforever2
The price difference between 75k and 100k on the warranty was pretty ridiculous, I'm hoping that when the 75K gets close to expiring they mail me something offering an extension for not as much money. Is that likely?

No, they will not send you anything. At that mileage, nobody will want the risk. If you had any intentions of driving that car outside of the mileage offered, then why didn't you say so, at the time of delivery?

It's a zero down deal and I think I was lucky to get as much built into the loan as I did. Doubling the warranty cost for 25K more miles didn't seem possible and even if it was, a bad idea.
 

CPA

Elite Member
Nov 19, 2001
30,322
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Excuse me as I blow by you in my V8 Hemi Charger.






Honestly, if it wasn't the Charger, I'd probably have gotten a Mustang myself.
 

Lumathix

Golden Member
Mar 16, 2004
1,686
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Originally posted by: CPA
Excuse me as I blow by you in my V8 Hemi Charger.






Honestly, if it wasn't the Charger, I'd probably have gotten a Mustang myself.

Which HEMI?
 

mithrandir2001

Diamond Member
May 1, 2001
6,545
1
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Originally posted by: compuwiz1
I'm glad you bought an extended warranty. People who think they are being intelligent, by not buying the warranty, almost always get owned in the end.

You're not making much sense.

Warranties are priced so that on average the underwriter makes out, i.e. the amount of warranty claims is less than the premiums paid. I rarely if ever buy an extended warranty for this reason. I want the opportunity to "make a profit", not the underwriter.

Warranties do transfer risk to the underwriter in exchange for the premium. So if you are living check-to-check, preventing a financial surprise is desirable. However, this is why the poor stay poor and the rich stay rich. If you have little financial flexibility and therefore need a warranty to "protect yourself" then you are wasting money because you are spending some of it to transfer risk to another party. Self-insuring OTOH will cost you less on average; you just need the spare cash on hand.

 

mrrman

Diamond Member
Feb 8, 2004
8,497
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Originally posted by: compuwiz1
I'm glad you bought an extended warranty. People who think they are being intelligent, by not buying the warranty, almost always get owned in the end.

especially with Ford
 

Googer

Lifer
Nov 11, 2004
12,576
7
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Originally posted by: amdforever2
I don't see why I would drop the extended warranty.

75000 miles and 72 months of bumper to bumper?


Remember, all domestics fall apart constantly and only Toyotas can drive more than 500 miles without an engine under the hood...........ATOT taught me that.

Fixed
 

Googer

Lifer
Nov 11, 2004
12,576
7
81
Originally posted by: amdforever2
Is there any new car in production faster for that price?


As far as the image, I doubt anyone is going to screen the car for a GT badge and in absence of it tell me I'm driving a piece of ******.

Well, except for ATOT.

Mazdaspeed 3.
 

randomlinh

Lifer
Oct 9, 1999
20,846
2
0
linh.wordpress.com
Originally posted by: Googer
Originally posted by: amdforever2
Is there any new car in production faster for that price?


As far as the image, I doubt anyone is going to screen the car for a GT badge and in absence of it tell me I'm driving a piece of ******.

Well, except for ATOT.

Mazdaspeed 3.

Mazdaspeed3 base price is ~22k, sticker. add tax and whatnot.. you're not going to bargin that down right now, unless if there's something visually wrong w/ what's in the lot... if they have one....

 

ponyo

Lifer
Feb 14, 2002
19,688
2,811
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Congrats on the car!
I seriously considered purchasing Mustang GT. It's great bang for buck for sure.
I would have paid little extra to get the GT and not gotten the warranty but that's me.

Post some pictures when you get a chance.
 

sniperruff

Lifer
Apr 17, 2002
11,644
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as long as you love the car who cares what everybody says... the only ford i'd consider buying are the fusion and the mustang...

the V6 is a nice practical coupe... congrats!

<--- going to check out a used 05' altima 2.5S for $10k today...

 

Jahee

Platinum Member
Sep 21, 2006
2,072
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Originally posted by: nsafreak
A 4 liter V6 only puts out 210 horses? Either that's one inefficient engine or one heavy car. The 2.7 liter in my Dodge Stratus supposedly puts out 200 horses although I'm not sure if that's taking the weight of the vehicle into consideration.

The 2 Litre, 4 Cylinder engine in the Golf GTI puts out just a shade under at just above 200...

And the 2 litre, 4 Cylinder in This (Vauxhall Astra VXR) gives 240!

But back on topic, its a nice car and whilst the V8 would be ideal the V6 is a nice engine! Shame we dont get those over here
 

Dudewithoutapet

Golden Member
Oct 10, 2005
1,854
0
76
Originally posted by: Jahee
Originally posted by: nsafreak
A 4 liter V6 only puts out 210 horses? Either that's one inefficient engine or one heavy car. The 2.7 liter in my Dodge Stratus supposedly puts out 200 horses although I'm not sure if that's taking the weight of the vehicle into consideration.

The 2 Litre, 4 Cylinder engine in the Golf GTI puts out just a shade under at just above 200...

And the 2 litre, 4 Cylinder in This (Vauxhall Astra VXR) gives 240!

But back on topic, its a nice car and whilst the V8 would be ideal the V6 is a nice engine! Shame we dont get those over here


Those cars have turbos
 

SVT Cobra

Lifer
Mar 29, 2005
13,264
2
0
Originally posted by: compuwiz1
I'm glad you bought an extended warranty. People who think they are being intelligent, by not buying the warranty, almost always get owned in the end.

Yep
 

SVT Cobra

Lifer
Mar 29, 2005
13,264
2
0
Originally posted by: randomlinh
Originally posted by: Googer
Originally posted by: amdforever2
Is there any new car in production faster for that price?


As far as the image, I doubt anyone is going to screen the car for a GT badge and in absence of it tell me I'm driving a piece of ******.

Well, except for ATOT.

Mazdaspeed 3.

Mazdaspeed3 base price is ~22k, sticker. add tax and whatnot.. you're not going to bargin that down right now, unless if there's something visually wrong w/ what's in the lot... if they have one....

That is if you can get the MZDASP3 at MSRP...not
 

SVT Cobra

Lifer
Mar 29, 2005
13,264
2
0
Originally posted by: nsafreak
A 4 liter V6 only puts out 210 horses? Either that's one inefficient engine or one heavy car. The 2.7 liter in my Dodge Stratus supposedly puts out 200 horses although I'm not sure if that's taking the weight of the vehicle into consideration.

Wow are you serious? Let me know first then I can laugh wholeheartedly.
 

Tiamat

Lifer
Nov 25, 2003
14,068
5
71
1. Good call on the warranty, Cars break too often not to have the warranty (assuming you will be owning the car for that mileage)

2. Congrats!

3. Pics!?
 

compnovice

Diamond Member
Jun 18, 2005
3,192
0
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The convertible option would have been better....

Nice car for the price. I like the look of newer Mustangs though their reliability is not too good.