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Good price for a used V6?

1.8K views 31 replies 16 participants last post by  Drew420  
#1 ·
I've been looking at cars, and I'd like to get a '94-'04 Mustang, but I don't really know what I should be paying, with condition and miles and all. Anyone got any advice?

Definitely going for a 5 speed manual, btw.
 
#2 ·
It basically all depends on your location, and the condition of the car. I would go to Autotrader.com or craigslist and see what people are asking for their cars. Once you find one that you like, then go to KBB and see if it's worth what they are asking for.

Right now the used car scene is very high priced, it's a good time to sell but not a good time to buy.
 
#3 ·
don't waste your time with a 94-98 model...if you're set on a v6 and can only afford so much look for a 99-04....range from 2-7k depending on condition, year, mileage...so on and so forth...

honestly though for the same price range you can find a decent GT which will get around the same MPG and the insurance isn't much different. just an idea to look into.
 
#14 ·
don't waste your time with a 94-98 model...if you're set on a v6 and can only afford so much look for a 99-04....range from 2-7k depending on condition, year, mileage...so on and so forth...

honestly though for the same price range you can find a decent GT which will get around the same MPG and the insurance isn't much different. just an idea to look into.
Hah, for a teen? I have a feeling they're going to raaaaaape me if I get a GT.

As it's been said, the prices are going to vary by mileage, condition, location, etc. One tip I will give you, don't be sucker and pay more for a car with mods. Mods do not add to the value of a vehicle and a good amount of modded vehicles are driven hard. The only way I would pay more for a vehicle with mods would be if it was a project car (not running) that someone had run out of money or whatever and has to sell it (because they wouldn't get the full value out of the mods, they haven't been used, and it would save me money in the long run).

That said, I paid $2400 for my car. It's a 2000 V6, 5speed, 98k miles, had a damaged front bumper, dent in the passenger rear quarter panel, paint damage on a few panels, needed tires, and some other minor things. And that was in Iowa in the fall (sports car prices tend to drop when winter is coming around and rise in the spring).
Knew about the mods, that's why people part out cars and put them back to stock before selling.

Not surprised about the seasonal thing, so I guess that's in my favor. Looking to buy in a little over a month now.

Thanks for the responses, guys.
 
#4 ·
it all depends I saw a 99-04(not 100% sure of the year) Roush V6 test vehicle, that was featured in a Roush calender, autographed by Jack Roush, sell for 6 grand in Florida the other day, I know where I can go buy one right now with an auto trans and 3.73 gears for 1200 cash all it needs is a paint job it, but KBB would give you a guess to what your wanting
 
#5 ·
Definitely what 6ER said, GT's and V6's basically are in the same ball park for the price.
 
#6 ·
i saw a 99 gt with 99k, black cobras and H&r ss springs with a 5spd for $7000 on my way home today (had to stop and look), good price and will be way funner than a v6. just some thought for you.
 
#9 ·
i paid 2 for mine

it came with no brakes, cracked exhast manifold, alteeza taillights, 2 cracked cobra wheels, bad tires, and cigarrette burns allover the interior.

on the other side of things my buddy paid 4k for one and its near mint so its like the old "you get what you pay for" saying. if you dont mind doing some work then try and find one for cheap like 2-3k the good thing about mine is the paint looks real good even though its a cheap paint job.

but if i were to do it again i would set my price for like 4k and for a gt 6k

def go 5 speed btw but if a great deal comes up then auto :rockon lol
 
#10 · (Edited)
As it's been said, the prices are going to vary by mileage, condition, location, etc. One tip I will give you, don't be sucker and pay more for a car with mods. Mods do not add to the value of a vehicle and a good amount of modded vehicles are driven hard. The only way I would pay more for a vehicle with mods would be if it was a project car (not running) that someone had run out of money or whatever and has to sell it (because they wouldn't get the full value out of the mods, they haven't been used, and it would save me money in the long run).

That said, I paid $2400 for my car. It's a 2000 V6, 5speed, 98k miles, had a damaged front bumper, dent in the passenger rear quarter panel, paint damage on a few panels, needed tires, and some other minor things. And that was in Iowa in the fall (sports car prices tend to drop when winter is coming around and rise in the spring).
 
#12 ·
I paid $6.5k for mine and a year and a half later its still would go for the same much, but I live in NYC
 
#13 ·
jeez i paid about $18,000 for mine (after taxes) this was also way back in '05 though and i picked it up from a dealer lot with about 9,000 miles on it
 
#15 ·
i doubt even as a teen a GT would rape you on insurance..hell look for an sn95 and that will be in the same insurance range as a 99-04 v6...

my GT as of now runs me $15 more a month then my v6
 
#16 ·
From my experience, GT insurance is higher (I'm 20 with no wrecks if that helps), and GTs generally cost a few grand more atleast in my area.

I got my car for $6500 with 24,500 miles on it.
A GT for around $7K in this area is a 100,000+ mile car. Which I don't know how I would feel about that.
 
#18 ·
well remember... the insurance companies are probably selling you things you dont need...... review your "plan"

i have minimum coverage in FL and its 250 a month

i had almost full coverage in kentucky and it was 80 bucks a month

dont over insure the car is what im saying.
 
#21 ·
I bought my car back in 2007 for $8600 and it had 40k miles on it.
 
#22 ·
i only pay 18 a month!! ....but thats with just liablility. with 160,xxx miles there would be no point in putting full coverage on it i think. i ended up paying 3800 for mine with 140,xxx miles but it was in and still is in realy good condition for as many miles as it has. it still has its nicks from rocks and about 3 dings and one fender has a spot of bubble rust on it 3 inches long, but i aint worried aint nothin that cant be fixed. plus its goin to be ran till it dont run no more.lol
 
#24 ·
Sometimes insurance plans go off of your credit
 
#28 ·
Daaaaammnnn....

My numbers might be on the high side. I'm expecting the worst because I know they have overhead to cover and like to take it out on anyone under 25 who doesn't have three years of good driving under his/her belt.
 
#29 ·
5500 for mine with aftermarket 16inch rims, intake in great shape with 70.xxx

my insurance is like 120 a month with 3 points on my license after taking the 6 point exam
 
#30 ·
I have a '96. Paid $1500 for mine, and it just had a ripped driver seat and bad tints. I blew the engine being an idiot >____< Car ran like new when I bought it. Now that I swapped the engine, it runs even newer. Lol