What is it Worth? - 2008 Mustang GT/CS convertible value - low miles




FasstChevys
05-21-2012, 01:31 PM
So -

I'm trying to get some input/information for my buddy's, Mom's, friend.

His Mom's friend has an '08 Mustang GT/CS convertible. It's black, and only has 6,600 miles on it.

What's it worth? Private party value?

It has lower gears, CAI, Hurst shifter -

kbb.com says it's worth ~$25,800 (private party value) ~$23,600 (trade in)

Thoughts/opinions? I don't know squat about the Ford market right now, but the numbers kbb says do not seem very far off.


NC01TA
05-21-2012, 04:27 PM
That's funny you are posting here for Ford info but guess what?? I just bought my GT/CS a few months ago and it had 3,000 miles on it. I was pricing them pretty regular. My GT also had a dealer installed shaker hood which set the original owner back about $2,000. A dealer will ask high 20's for that 2008 low mileage GT and who knows what they will actually sell it for. A 'private party' sale should be right around $25,000 - $26,000. The list price was about $38,000 so it would be quite a deal for someone in the mid 20's. KBB seems to be 'right on the money' with this.

FasstChevys
05-22-2012, 02:27 PM
Thanks for the input! I appreciate it!


NC01TA
05-23-2012, 08:15 AM
No problem. Your timing was excellent! ;)