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Yes, the mystique of the nearly 400 HP in those Terminators ended with the Coyote engine. I made an offer on a 2004 Terminator before I bought my 300 HP 2007 Mustang GT a long time ago. It seems everyone wanted that extra nearly 100 HP and I thought it was ultra cool at the time as well. It was insanely fast. Fast forward to my current 420 HP Coyote in my 2014 GT and the appeal of the Terminator is long gone from my mind. This GT is too much power for me when in the upper RPM ranges and compares with the C6 Corvette I owned for awhile. I'll rarely 'floor it' but the power is there if needed.
A big part of the “terminators” mystique was its forged internals. People would replace the factory supercharger with a centrifugal or a big turbo and they’d turn up the boost. The serious racers would replace the IRS with a solid axle.
Last edited by Y2K_Frenzy; 02-14-2024 at 04:03 PM.
A lot of credit unions, if the value is there and you have $$ down, will loan you for older cars. This topic also made me go back and revisit the Ferrari F430. Pre-covid those cars in good shape under 30k miles could be had for ~85k. Once we hit the boom and people were making money, rates were low, I would see 30k mile F430's asking $110-$120k. They have since gotten sub $100k but it’s a good example of what @RPM WS6 is talking about. @NC01TA I agree, the coyote is much more comfotbale and has a ton of potential for big hp numbers without having to fool with the bottom end.
I don’t think it’s credit unions as much as it is personal loans. Credits unions still use “book value” based on the age of the car. I don’t think they take into consideration if it’s a “collectible” or not. To them it’s just an old car worth whatever an old car is worth.
Last edited by Y2K_Frenzy; 02-14-2024 at 04:19 PM.
I don’t think it’s credit unions as much as it is personal loans. Credits unions still use “book value” based on the age of the car. I don’t think they take into consideration if it’s a “collectible” or not. To them it’s just an old car worth whatever an old car is worth.
There are companies that specialize in loans on classics/antiques, I think JJ Best is probably the biggest name in this industry, but there are others (I seem to recall Hagerty's website containing a list of loan providers for special interest cars). But going the home equity route gives the individual more purchasing freedom, and probably was cheaper when rates were still low.
There are companies that specialize in loans on classics/antiques, I think JJ Best is probably the biggest name in this industry, but there are others (I seem to recall Hagerty's website containing a list of loan providers for special interest cars). But going the home equity route gives the individual more purchasing freedom, and probably was cheaper when rates were still low.
We didn’t make the cut with JJ’s. I think ours are just “old.” 😉
I don’t think it’s credit unions as much as it is personal loans. Credits unions still use “book value” based on the age of the car. I don’t think they take into consideration if it’s a “collectible” or not. To them it’s just an old car worth whatever an old car is worth.
ya possibly personal loans. The “Cobros” I am in a group with for 03/04 cobras for sale, typically
say to hit up the credit unions. I keep a credit union savings account and they’ve lended me on an 00 WS6 back in 2012. She mentioned their ability to lend on really anything if they can justify the value.
Good. Their prices have a long way to fall before they’re not grotesque, but I don’t think they’ll ever get there. Can you imagine if someone would’ve told you twenty years ago that one day run of the mill half-ton trucks would be $60k!?
Good. Their prices have a long way to fall before they’re not grotesque, but I don’t think they’ll ever get there. Can you imagine if someone would’ve told you twenty years ago that one day run of the mill half-ton trucks would be $60k!?
The last 10 years of truck prices have been horrible. I do wonder how long till the rubber band breaks and we end up in a deflationary period.
The last 10 years of truck prices have been horrible. I do wonder how long till the rubber band breaks and we end up in a deflationary period.
What stinks about when “bubbles burst” the prices seldom if ever go back down to pre-ridiculous pricing days, they just level off and quit raising for awhile.
What stinks about when “bubbles burst” the prices seldom if ever go back down to pre-ridiculous pricing days, they just level off and quit raising for awhile.
When it's truly a bubble, the prices definitely come down by a significant amount after the bust. We saw this in the aftermath of 2008-09, and (regarding the recent market) the information given by the BaT article at the start of this thread showed a ~10% decline (on average) just in 2023 alone.
So we might not get back down to what used to be "normal", but it's already declined from where it was at peak. I think we'll see some continued drop before things level off.
When it's truly a bubble, the prices definitely come down by a significant amount after the bust. We saw this in the aftermath of 2008-09, and (regarding the recent market) the information given by the BaT article at the start of this thread showed a ~10% decline (on average) just in 2023 alone.
So we might not get back down to what used to be "normal", but it's already declined from where it was at peak. I think we'll see some continued drop before things level off.
Yeah I hope that $20k for a 10 year old run of the mill car with 150k miles on it isn’t here to stay. Remember when seven to eight year old cars were $7k? It wasn’t all that long ago but I don’t think we’ll ever get back there.
In 2020 I saw an ‘18 Mustang GT with 25k miles for $25k. There were two of them actually. I think they might have been rental fleet.
I shudda, coulda, woulda, but I wasn’t in the position to do so at the time.
Last edited by Y2K_Frenzy; 02-26-2024 at 07:28 PM.
Last October we were in the market for a new to us long distance hot rod. Current long distance hot rod was a 2014 Mustang GT vert 5.0/6 speed combo. Bought it 5 years ago with18K and now it had 33K on it. I'm a big time LS fan but the 14 Mustang was sweet. Sounded great at the 7000 redline.
But I got tired of shifting so locally a one owner never driven in the winter 20 Mustang GT vert 5.0/10 speed auto with 20K on it came up for sale at the local Ford dealership. 32K money wise. It was mint. The 5.0 is rated at 460 hp. Got more for our 14 Mustang on trade than what we paid for it 5 years ago. It sold at the dealership within a week. My 80 Camaro with a LS3/4L60E combo is a great driver but it doesn't hold a candle to the Mustang driving wise.
I think there are decent deals out there. Just have to be real patience.
Last October we were in the market for a new to us long distance hot rod. Current long distance hot rod was a 2014 Mustang GT vert 5.0/6 speed combo. Bought it 5 years ago with18K and now it had 33K on it. I'm a big time LS fan but the 14 Mustang was sweet. Sounded great at the 7000 redline.
But I got tired of shifting so locally a one owner never driven in the winter 20 Mustang GT vert 5.0/10 speed auto with 20K on it came up for sale at the local Ford dealership. 32K money wise. It was mint. The 5.0 is rated at 460 hp. Got more for our 14 Mustang on trade than what we paid for it 5 years ago. It sold at the dealership within a week. My 80 Camaro with a LS3/4L60E combo is a great driver but it doesn't hold a candle to the Mustang driving wise.
I think there are decent deals out there. Just have to be real patience.
Of all the Mustang revisions since the major 2005 redesign, my favorite (in terms of appearance) was the 2010-12 version. 2013-14 would be a close second, and then all the newer 2015+ stuff after that. Even today, I'd still rather have a '12 GT even though it makes less power and is slower than the new ones, just because I love that styling - and it's definitely not a "slow" car even stock. That said, I remember a friend of mine buying a brand new Mustang GT in 2015, it was totally option-less other than an auto transmission and he got it for $30k. I really liked that car, it was Competition (?) Orange with a black interior. It seemed like a great deal even then, but now it would be just a step above theft. LOL. I think that was the last chapter of "affordable" brand new V8 performance cars.
But in the used market there are always (relative) deals to be found here and there, even during times of really high prices. Sometimes it's just a matter of being in the right place at the right time, like this...
Originally Posted by Y2K_Frenzy
In 2020 I saw an ‘18 Mustang GT with 25k miles for $25k. There were two of them actually. I think they might have been rental fleet.
I shudda, coulda, woulda, but I wasn’t in the position to do so at the time.
I got a really good deal on my '74 even during the height of the nonsense pricing in 2022. The seller had a couple of (much) better offers fall through, then some things happened in his life that necessitated a quick sale so he reached back out to me. Turns out we got along really well and also had some mutual friends, so he offered me a great deal. It was just that right place/right time situation.
Of all the Mustang revisions since the major 2005 redesign, my favorite (in terms of appearance) was the 2010-12 version. 2013-14 would be a close second, and then all the newer 2015+ stuff after that. Even today, I'd still rather have a '12 GT even though it makes less power and is slower than the new ones, just because I love that styling - and it's definitely not a "slow" car even stock. That said, I remember a friend of mine buying a brand new Mustang GT in 2015, it was totally option-less other than an auto transmission and he got it for $30k. I really liked that car, it was Competition (?) Orange with a black interior. It seemed like a great deal even then, but now it would be just a step above theft. LOL. I think that was the last chapter of "affordable" brand new V8 performance cars.
But in the used market there are always (relative) deals to be found here and there, even during times of really high prices. Sometimes it's just a matter of being in the right place at the right time, like this...
I got a really good deal on my '74 even during the height of the nonsense pricing in 2022. The seller had a couple of (much) better offers fall through, then some things happened in his life that necessitated a quick sale so he reached back out to me. Turns out we got along really well and also had some mutual friends, so he offered me a great deal. It was just that right place/right time situation.
Geez, all this talk about the 2014 GT. We sure like ours. It now has 14,000 miles. The Gotta Have It Green was a nearly $500 option when the car was new.
Last October we were in the market for a new to us long distance hot rod. Current long distance hot rod was a 2014 Mustang GT vert 5.0/6 speed combo. Bought it 5 years ago with18K and now it had 33K on it. I'm a big time LS fan but the 14 Mustang was sweet. Sounded great at the 7000 redline.
But I got tired of shifting so locally a one owner never driven in the winter 20 Mustang GT vert 5.0/10 speed auto with 20K on it came up for sale at the local Ford dealership. 32K money wise. It was mint. The 5.0 is rated at 460 hp. Got more for our 14 Mustang on trade than what we paid for it 5 years ago. It sold at the dealership within a week. My 80 Camaro with a LS3/4L60E combo is a great driver but it doesn't hold a candle to the Mustang driving wise.
I think there are decent deals out there. Just have to be real patience.
The 10 speed musangs are no joke. I'm looking at another vehicle in the next 18-24 months and while the z06 or C7 Stingray is calling my name, I need a backseat for the 3 year old and I've been really like the GT's, GT350's, Scat Pack's (former owner) and a few German muscle cars, RS5, S6/7/8. Values are coming down and the GT's are insanely affordable. Gen 2 coyote with a whipple and 10 speed will more than light up your face with smiles.
02-14-2024, 03:43 PM
