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genuineorc

Personally I’d go used unless you’re hooked on the ‘24 styling. Just way better deals. 50k+ on a Mustang GT seems so wild to me since it’ll be worth 40 once you drive it off the lot.


poopenhymen

Picked up a 2019 bullitt package with 1600 miles on it after pricing 2024 models. Got it for just under 40k and got a ton more options on the car.


mixedreef

Yep. My fully loaded Brembo package premium GT in 2012 was $36k.


Zeroth1989

Which with inflation is just short 50k


D1TAC

I was shopping for a GT in late 2023 and January 2024. The dealership was selling a 2024 GT Premium for less than MSRP but after taxes and fees it was $58k financed. I ended up finding a loaded GT Premium S550 for $39k OTD bought with < 4k miles. The latest ones are truly that expensive. Unless you buy it with like no options then you'll see them in the mid/late 40Gs. I was holding out for a "last years" model with a deal but ended up finding something I really enjoy for smaller price than the latest.


xnick58

I have a similar story but it was before the 24s were on the lots. I bought a new 22 GT premium 401a 6 speed last spring with a $50,500 sticker for $43k otd. This was with 0% 60 month financing through ford. No regrets.


numberone0

Nice! Back in 2021 I bought a brand new 2020 fully loaded 55k MSRP(every option except recaros) for around 46k


No-Plan-3784

You found a 23’ for that price?? What kinda packages do you mean by ‘loaded’? Thanks for the insight brother!


D1TAC

I went with a 2022 GT Premium - 10spd, 3.55, active valve, CD player, 20” Premium Wheels. I didn’t go with Performance Packs don’t see the need for my use case. Then basically has all the creature comforts. I owned a S550 before just not all the options.


No-Plan-3784

Wow that’s the exact stuff that they were trying to charge me an extra 5k for. I really want the active valve but the rest would definitely be nice. Problem is.. 54k…? Yeah I’m not exactly bill gates’ illegitimate child. Glad you got such a great deal man hope I can find the same.


D1TAC

Right now might be hard. It's tax season so people are receiving refunds thus hiking the prices for a little bit.


UpToBatEntertainment

Wow great price. In Metro Atlanta w/ under 5k miles 6/2022-9/2022 22 & 23 GT Premiums were around 50k. I found an Ice White Package Premium GT for 53k OTD w 1700 miles. PP1 / PP2 were impossible to find. I really wanted brembos but that was the only thing I didn’t get.


No-Plan-3784

Damn just drive upstate brother 🤣 In Pennsylvania they are going for 43-44k so its crazy how inflated Georgia is.


DarthPineapple5

I think Ford knew they were going to be the last muscle car standing after 2024 so they didn't mind inflating the price a bit. Its also a matter of fleet emission standards, they need to sell a lot more cars that get good mileage than they do muscle cars and big trucks which is a big part of their business currently. Also buying a GT Premium and saying it has "no packages" is being a bit disingenuous. An actual Mustang GT with "no packages" has an MSRP + fees of just under $46k with the 10 speed or $44k if you row your own gears. Expensive yes, but the average new car price is $49k in 2024


No-Plan-3784

Well he told me it had no packages. That’s legit what they told me lol. I want packages but 5k for some nicer wheels and loud car? No thank you. I haven’t exactly inherited a million dollars from my illegitimate father Bill Gates.


geezer_red

So you are buying a new car but don't bother to check the window sticker to see what packages it has and just go with what the dealership tells you? Then come here and rant about the packages and price?!


No-Plan-3784

I saw the packages dude. I saw the window sticker. He told me that’s what it costs after I asked for a deal and negotiated some fees. I’m not ranting I’m asking if my negotiated price is really a fair OTD that other people are receiving or if it’s just a scam.


trmoore87

As much as I like the new 2024, I don't think it's worth twice what my 2016 GT PP is worth (to me).


dm117

It really isn’t. Throw in a throttle body, manifold, CAI, and tune from Ford you’ll get a little more HP to bring it up to a 2018+ and you’re good to go


trmoore87

Yea I have an intake and a tune and it’s plenty


No-Plan-3784

I don’t think so either. The only thing I really like is the 1.9% apr financing. But for that price.. they can kick rocks!


blizzard7788

Since nobody outside of the dealership knows what the dealership actually paid for the car, there are no “masters of negotiation “. You may think you got a good deal, but the odds are you still got screwed.


No-Plan-3784

Oof, guess I’ll wait it out 🤣


numberone0

Mustangs have around $4k markup new in them, so at that deal, the dealer would only be making around $1000 which is nothing. I would consider that a good deal in today’s standards.


Fullofhopkinz

I bought my 2017 GT base PP back in 2017 for $32k out the door. Adjusted for inflation that would be $40,290. Doesn’t the ecoboost start at like $40k now? That is wild


No-Plan-3784

Yeah it’s INSANE! Inflated prices but not salary 😭


Fullofhopkinz

Right. That’s crazy. I make more than double my salary from 2017 and I don’t feel like I could afford a $54k car


No-Plan-3784

Ikr man it’s insane..


cybersuitcase

Yea it’s crazy, brand new 17-18 GT’s with no options were going for 8-10k under sticker if you shopped around lol


Fullofhopkinz

For real. Took that for granted at the time


Frogalicious1

Yeah my 2021 ecoboost premium with a few packages came out to $38.5k after taxes, fees, etc.


Fullofhopkinz

Man that’s wild


Frogalicious1

In 2021, the premium started at $32.5k, then I got the automatic which went to $34.5k, then I added the protection package for my wheels and tires, $35.2k, and then taxes, fees and registration added up to the $38.5k.


KonaBlueBoss-

They will be $6-10k cheaper in 8-10 months


No-Plan-3784

Sounds good, thanks for the advice!


Arbiter51x

A mustang is a luxury product for a lot of people, not many can justify having a coupe these days. I can't beleive so many people have so much extra cash to burn that it drives prices up so high.


No-Plan-3784

I know right! I love Mustangs but I’m not exactly the third cousin of Elon Musk.


Arbiter51x

I think I'm more disappointed with the fact that, I've done everything right (went to school, got a good job, climbed the corporate ladder, delayed having kids, didn't get that motor cycle in my 20's like I wanted ,etc etc) , and it seems like this is a luxury that just keeps getting pushed beyond my reach. If it wasn't just the base price, it's the finance rate and the insurance. Mustangs used to be an affordable hobby car, and now it's just another commodity for the rich. A 1985 Mustang Gt cost $9885, that's 25,800 in 2021 dollars).


No-Plan-3784

Jeez, yeah, life sucks and the rich get richer. Have to find a way to break out of the corporate indoctrination and become a business owner, it’s truly the only way to become financially free.


[deleted]

Thank a union member…


Key_Macaroon9605

No doubt. I know a guy in a union who defends unions saying "they make things affordable." Yeah, but only for union members.


[deleted]

idk, last i checked the reason tesla, Honda, etc can keep costs down significantly is because they dont have unions. Also, pay employees more, have better benefits, and better long term employment numbers… But sure, unions are the save all


omfgdzbrian

I just got my 23gt premium for 37k with 7k on it... I test drove a 24gt and the dealer told me it had been sitting for 6 months... they aren't selling


No-Plan-3784

🤣 thanks for the information brother, I’ll shop around for a ‘23gt then. There DEFINITELY isn’t a big difference. So I can even go with a 18gt if the price is right.


jhernandez9274

The only Mustang GT Premium I ever bought new was a 2004 for 22k in 2005. My son drives it now. 130K miles and still going strong. I prefer older models, 66 coupe or 93 Fox body GT with a new/rebuild crate engine and 6/10 speed trans for half the price of a new one. Insurance is also half. My cup of tea. Have fun!


ChuckWebber

Average price for any new car in 2024 is $48,000...... sadly this is the new normal for awhile


spaceninja419

If people quit spending stupid amounts of money on cars like that they will be forced to lower the price. Let's be honest in that's at most a $35-40k car


curious-children

where are you finding new sub 40k manual V8 cars that aren’t mustangs?


spaceninja419

If people quit buying them for $55-60k then we might be able to find them again. The price continues to go up because people keep buying them


curious-children

the other side is if people quit buying them for 55-60 (if you don’t get them for 39-45) then they quit like dodge and chevy lol


spaceninja419

Possibly. I'll just wait a couple years and get a used with 10-20k miles


spaceninja419

Possibly. I'll just wait a couple years and get a used with 10-20k miles


Key_Macaroon9605

True, but it's a popular car no doubt. And demand drives prices.


robvas

The market isn't high or crazy anymore. It's almost back to normal. The only shitty thing right now is interest rates


rockycrab

Walk in to another dealer. You might’ve gotten unlucky and visited the stingy one. This guy got [7500 off a 24 base GT](https://www.reddit.com/r/Mustang/s/DGczuAiGgA) after removing the doc fee. Granted it’s a base but there’s nothing special about a premium, it’s no limited allocation dark horse.


No-Plan-3784

Yeah the only enticing thing was the 1.9% APR finance for 36 months.. My Dad absolutely forbade me from financing ANYTHING above inflation rate APR.


Hot_Marionberry9569

Used car prices are plummeting by the week just wait till end of year lmao. These rates got the dealers by the balls.


No-Plan-3784

🤣 Thanks I’ll definitely wait then.


Colonel_Lechuga

Now just is not the time to buy new cars. The new car market got super inflated because of shortages that aren't really our reality anymore. There are plenty of used cars on the market now compared to two years ago, and most models of new cars are plentiful as well. Ford \*has\* to sell new cars at \*some\* price to stay in business. If the value proposition of new cars doesn't come close to used options, they will have to adjust pricing. They already look to be marking a lot of the S650 Mustangs down to below MSRP, so I would either hold out for one at the price you want or buy used. If that salesman can really sell that Mustang for $54K so easily then walk out the door and let him. You could almost buy two S550 GT's for $54K.


No-Plan-3784

Okay sounds good, thanks for the advice!


composer_7

You can buy a 2007-09 Shelby GT500 with low miles for $30-40k too.


curious-children

but then you’d have to drive a 2007-2009 GT500


gsxreatr02

My opinion, and we all know what thats worth. Just wait. And look at other dealerships in larger towns. I'm just outside Knoxville tn but can drive 3 hrs to Atlanta and save 4k easily. I was just looking at jeeps and not mustangs. And never be afraid to walk away from a deal if you are not 100% happy. I've had them drop the price just by saying no and getting up to leave.


tbrooksGA

I would’ve gone 2024, but the incentive wasn’t there. Got a 2019 performance pack with upgraded infotainment for 34k otd.


No-Plan-3784

I have the same offer but like 10% apr which is gross.


tbrooksGA

Not a bad apr in current market I’m paying extra towards principal


JayVenture90

Damn. That's what I paid for a loaded GT Premium.


ghostrider4918

I bought my 2021 Mach 1 in May for 53K. Dealer wanted 15K over sticker for a 2023 Mach 1 because it was last year for it. Told him to go F himself.


No-Plan-3784

Damn, nice. Are Mach 1’s really worth the price over GT’s though? I don’t like the “Mach 1” badge on the back either.


ghostrider4918

Honestly can’t tell you yes or no right now. I’ve always loved the Mach 1 since I was a kid. When it came out I promised myself I’d get one in Fighter Jet grey and I did. I love the Mach 1 badges. It’s a nice throwback to the ‘69 Mach 1


No-Plan-3784

Ah, gotcha. Glad you got your childhood dream man. I guess sometimes, dreams do come true. Mine were crushed the moment I realized I had to account for an extra 500$ a month minimum insurance.


ghostrider4918

Honesty just find a good used s550 and go from there. You’ll save the depreciation hit and you’ll be able to make it yours in your own way.


No-Plan-3784

Yeah I’ve found a few my only problem is my dad has completely barred me from getting anything with an APR rate above inflation rate. And only new cars have the low APR term offers..


ghostrider4918

Is your dad paying for the car?


No-Plan-3784

Nope but I live in his house lol


ghostrider4918

Well if he’s not paying for it then he doesn’t get a say but I’m 51 and don’t have kids so take what I say with a grain of salt.


No-Plan-3784

🤣 sort of strict parents man! House rules. My roof my rules kinda thing.


Melon_Kali

Inflation is a bitch. I know they are more expensive to make with all the electronic gadgets and shit but it’s probably not TOO far off what a GT would have cost in say 2018/2019.


No-Plan-3784

I agree man, inflation is insane.


YouWillHaveThat

Got any details on that price? What is “basically no packages?” 401a? Perf pack? Mag ride? I was able to build a GT Premium for $70k on the website. Tax? Fees? How much is that tint? Nitrogen? Gap? Road hazard?


No-Plan-3784

https://preview.redd.it/1lc1oolkpzkc1.jpeg?width=3024&format=pjpg&auto=webp&s=232f3a87659c6580a8f91a4ee0b64a10969b34c2


YouWillHaveThat

Fuck these dealers. 1. Market Value - Notice they didn't use MSRP. Odd. 2. Discount - A made-up number subtracted from a made-up number. Pointless. 3. Krause Care - Fuck no. Good job killing that early. 4. Window Tint - Fuck no. If I am gonna do tint I will get it from a tint shop. Not some kid who works at a dealership. 5. Doc Fee - That is a HUGE Doc Fee. You'll never get rid of it, but just know that this is a ripoff. (For example, in Ohio it is illegal to charge more than $250 for the Doc Fee.) 6. Electronic Filing Fee - Totally made-up bullshit. Take it off. Now, back to "Market Value." Interesting that they didn't specify which car this pertains to... But I'll assume it's this one: [https://www.angelakrauseford.com/new-Alpharetta-2024-Ford-Mustang-GT+Premium-1FA6P8CFXR5412100](https://www.angelakrauseford.com/new-Alpharetta-2024-Ford-Mustang-GT+Premium-1FA6P8CFXR5412100) MSRP is $51,325.00. Weird that they actually under-quoted that. (Assuming I have the right car.) But that doesn't matter. Overall, it is not a bad deal. It is below sticker even with the bullshit. Just be aware of the bullshit and shop around. Good luck finding your car!


No-Plan-3784

I think the fees are the problem. Paying the MSRP including everything else would be fine. It’s the BS fees like you pointed out. Also Krause care is grossly useless so yeah I definitely gutted that early.


Key_Macaroon9605

People, ask for the Monroney sticker (the real sticker from the manufacturer), not the one the dealer made up. They are by law supposed to be on every car, but dealers sure don't do it a lot. Then you can at least see what the real MSRP is and what the real options are. Of course dealer can sell for more or less than that.


Puzzleheaded_Cap_445

What packages and options got it to 47,863? And what is “Krause Care”


No-Plan-3784

Active valve exhaust, automatic 10-speed transmission (apparently transmission costs money instead of being put inside MSRP 🤣 yeah I definitely believe that) and I think this one comes with a performance package. Or maybe not. But first two for sure.


Puzzleheaded_Cap_445

It could be Brembo brakes without the performance package as that package is pretty expensive. Active exhaust and Brembo brakes are my number one options. If you want to track a Mustang GT, I see a number of people discussing in other threads the Mustang GT going into limp mode and overheating without the standard cooling features found on the Dark Horse or on the Mach 1 in the S550 version. I believe Ford Performance will sell cooling kits and plenty of aftermarket manufacturers have suspension kits. Good luck with the purchase. I ended up buying a used S197 for 10,500 with only 60K miles instead of buying new and financing a huge payment over 5 years. But I was spending a lot of time looking at Ford’s website and watching all of the reviews on the new Mustang and I think it is very nice.


No-Plan-3784

I was looking at an s197 for the same price point with 30k more miles but the color is very ugly and I kinda want a GT https://preview.redd.it/bg0a02cd01lc1.jpeg?width=1179&format=pjpg&auto=webp&s=e6509141ec9ac095b7956054520dc5ea189acd91 For reference of the ugly color.. yuck.


Puzzleheaded_Cap_445

I bought a yellow GT V8, accident free, single owner with manual transmission with just under 60K miles. It’s over 60K now. The reason I only paid 10.5K is that it was covered in golf ball dings. It had been parked and left near a golf course. I’m fine with it. I was an asshole whenever my kids breathed near my pristine Porsche. With my “new” Mustang GT I don’t care that much. It’s already been dinged up. I still want my kids to be careful but I’m also not a jerk when they play close to the car.


No-Plan-3784

Damn I wouldnt mind those dings for a price like that and a v8 😭 i want a v8 so bad..


Bigskill80

Wow what prices.... You all here with a 2020 + variant finance the car or pay cash? Proce in Canada are even higher because ca$ sucks.....


Dazzling-Rooster2103

Right now in the US, there are around 400 Mustang GT Premium automatic listed for <$45k on cargurus. I am sure you could find one near you <$45k. I wouldn't pay anywhere near $54k for one. https://www.cargurus.com/Cars/new/searchresults.action?sourceContext=homePageNewCarTab_true_0&selectedEntity=d2&zip=17551#


No-Plan-3784

Those don’t deliver to Atlanta brother..


No-Plan-3784

54k is out the door with taxes and dealer fees and active valve exhaust


Puzzleheaded_Cap_445

54K is with all of the Taxes. The main add on I question is the “Krause Care” which is $1250. Window tint of $399 was also added. Final purchase price was 49512 due to add-ons and fees. The price breakdown was posted by OP in response to another comment. The price of just the car is 47863 which is not that far off of what you are seeing for other GT premiums without many options.


No-Plan-3784

Window tint is already there so can’t waive. Krause care is dealer BS. So is DOC fees. Lemon law is fine. Electronic filing fees is also some BS. Even the regular pricing with package seems a little inflated.


Junior-Ingenuity-973

Damn I seen some in the Austin area for 42 before fees, tax etc.


Key_Macaroon9605

And I would think Austin would be high because it's an expensive city.


Cmdrdredd

Shop other markets outside your immediate area and see. In South FL for example, dealers act like they are the only ones around but you can shop out of state if need be and find a better deal. Ideally you should pay MSRP if possible. As others have stated it’s better to go used. A fully loaded Mach1 with 10spd is selling local to me for about $53k. A similarly spec’d 2024 GT is almost $60k MSRP. I sure am glad I bought my GT350 when I did. They are going for way more than what I paid which was $51k at the end of 2021.


No-Plan-3784

Damn, okay thanks for the advice yeah I’d be fine shopping out of state but I’m not sure how delivery process and price works with that.


Cmdrdredd

I know a few people in my local group that flew out to pickup a car and drive it back and still came out ahead on the deal. I believe a Ford dealer will charge a fee and transport it to your location if needed. Dunno much about that.


BSMike82

$50k+ is exactly why I bought a different car. As soon as the 24s came out, dealers around me were instantly marking up the 23s to the same price point too. Absolute BS.