Join Date: Feb 2003
Location: being blue blooded
fools who bought Mustang Cobras last year
Vehicle 2002 FORD MUSTANG Cobra
Body 2 door Coupe
Transmission 5 speed Manual
Engine 8 cylinder Petrol Multi-point injected 4.6L (4601cc)
Reg Plate 113506
Stock # 113506
Comments NEW VEHICLE GST INCLUSIVE PLUS $1495 DEALER DELIVERY, PLUS GOV AND STAT CHARGES
Licence # xxxx
I spent $79,000 for a Cobra convertable last September. About 250 others bought them for prices between $75,000coupe and $85,000conv last year and the year before.
People like me had faith in FORD....
Imagine having finance on a car that depreciated $30,000 in about 6 months.
If I write the car off in the second year I get about $60,000 market value and still owe another $25,000 on finance..
I can't sell it, re-finance it !!! rock and a hard place.
Ford tells me that the rrp is $89,000 for a convertible and
assures me that the sell out will have minimal impact on the value of my car ...
Can't figure that ??? they must think I'm stupid !!!
Ford are offering up to $20,000 dollars as incentives for the dealers to get rid of these classic cars.. and then the dealer can offer some their margin on top of that..
I feel ripped off, fool be me for supporting Ford... I love Ford but they have badly cheated me and 250 other Ford supporters.
Those who have bought new performance Fords just prior to BA (including T's) are going to feel ill as they read the car classifieds.
forced induction at 7000rpm .... it says it all
xr6t ute (289rwkw and fast) & blown Mustang Cobra (347 rwkw and faster)