Buying new vs used

[ViperBlueCobra]

See signature for history of mustangs.

The 5.0 with a few bolt ons can run N/A, and go just as fast as bolt on 04 cobra.

My stock 04 cobra ran 12.9 @ 110 mph. Pulley, cold air, throttle body, plenum, tune, x-pipe, mufflers, and street tires ran 11.7 @ 118 mph.

New 5.0's are doing this similar mods expect a pulley (lol) and a super charger.

The only advantage I really see is how cheap an 04 cobra is to add a whipple compared to adding a whipple to new 5.0.

Financing is good right now too for new 5.0's.

 

[Adam03GT]

If this car is going to be your daily driver, it is no contest. GO with the 5.0 and dont look back. I was in your same situation and while the 03/04 Cobras are awesome cars they make a much better weekend warrior than a comfortable DD.

I got my '12 GT new with premium and a few other packages for 28k out the door because of all the offered incentives. That is only a little more than a clean 03/04 Cobra goes for but the 5.0 is 10 years newer. It's a no brainer!

 

[reved up]

I agree. As a DD or even a race car..... Really no contest, new 5.0 all the way. NA 5.0s are going 10s with light mods and still getting better mpg than a stock 03/04 cobra.

 

[4.6+5.0]

Look into financing through a credit union. I used TFCU and got 1.74%

Who is TFCU? I'm looking to refinance mine soon and looking around for good places to do....

 

[KurtDog]

I'd check with Ford as well. I got my loan from Ford for 0.0% for 60 months on my 2012 GT.

 

[me32]

I'd check with Ford as well. I got my loan from Ford for 0.0% for 60 months on my 2012 GT.

Those are gone for the 2013 as of right now. Best rate from ford is like 2.9% for 36month.

 

[me32]

I got my brand new 2013 5.0 301a auto with revese/security options for $31500 with a 2.87% for 72 month provident credit union.

 

[01bluesnake]

I got mine new only because I get Ford D plan and had gotten 0% for 60

 

[c. love]

get a gently used "new" one all day. 03-04 are very cool cars but way less refined. I got an 11 5.0 premium brembos 3.73 etc 16K on the odo for 23. Most i saw in this condition were 25-26+. As for APR if you guys are paying in the 5-7% range you must have the credit of a high school kid. I got like 2.99% for like 75 months!! I only did that to get a payment in the low 200's in a couple months I will refi for about 2.5% If you dont mind the higher payment you can get down in the low 2's or even 1's but you MUST HAVE GOOD CREDIT. I think the 14K or so less on a used car will far out weight the 0% APR just my thoughts

 

[chuckstang]

Unless you just have to have a Terminator, they are way overpriced at this point in time IMO.

Buy a new to slightly used 11+ 5.0 for less or equal pay and better financing

 

[me32]

Unless you just have to have a Terminator, they are way overpriced at this point in time IMO.

Buy a new to slightly used 11+ 5.0 for less or equal pay and better financing

I agree.