Opinions on this deal, 2020 GT500 for $89,500

[TheVikingRL]

My brother-in-law has been trying to find a new non-CFTP at anything near MSRP without luck. No surprise there. Today he text me an ad hear him for a 2020 non-CFTP car with 6,800 miles and three owners. My first thought was not a great deal considering the spec for a two year old car with almost 7k and 3 owners. But maybe I'm just really out of touch with the used market on these. He sent me a Carfax so I attached the summary info.

Appreciate any feedback here.

 

[SSCOBRA03]

Owner number 3 has owned it 19 days and is already selling it? That would scare me away.

 

[GNBRETT]

Thats market price and I wouldnt give a rats ass who owned it or for how long. Would mean NOTHING to me if it was stock or tastefully modified.....

Ive bought plenty of toys and sold them a month later. Toys are just that toys..... I get bored pretty fast and sell shit often. Seems like a fair deal with no crazy dealer mark up.

 

[CobraBob]

Very possible that owner #3 got an offer he couldn't refuse. That would explain letting it go after just 19 days.

By the way, here's a thread I saw here yesterday where someone found a new 2022 GT-500 and got it at MSRP. It was a small town dealership and the only allocation the dealership got. It's not impossible to find gems like that if you look hard enough.

Just Bought 2022 CFTP at MSRP

Just wanted to give some of you guys hope. Found this car at a dealer and they sold it at MSRP. This was the only allocation this dealer got. There are still some good dealers out there but it usually the small town dealers that have them. Good luck for anyone still looking.

www.svtperformance.com

 

[TheVikingRL]

Thanks Bob. I had seen that post and told him to be patient considering the overall car market seems to be softening. Think he just happened to see this one local. Still, amazing any dealer still has one of unsold at MSRP.

 

[HudsonFalcon]

If he’s ok with the deal I’d tell him to go for it. Some people change cars like underwear @ArabianOak so who knows why there were 3 owners. Doesn’t have to be anything malicious. Tim @Goose17 sold his non-cftp after a short time to get a cftp car. It’s the nature of sports cars. Some people hold them forever and some flip them.

 

[DSG2003Mach1]

Have em give you an oasis from ford and you can see if it’s a problem child in for a bunch of shit or just people horse trading

 

[03cobra#694]

Flipping for bones ($) would be my guess.

 

[techi14]

there's a black one base model with stripes for low 80's just saw it on FB.

11k miles

 

[q6543]

Looking forward to snagging one in the mid 60s around 2024.

 

[TheVikingRL]

Thanks for all the feedback.

 

[Bdubbs]

The 3rd owner probably just flipped the car. Especially if he got a decent deal. Or his wife didn't know about it and she lost her $hit .

Sent from my moto g power (2021) using Tapatalk

 

[fearthesnake]

OP there are better deals out there now.
Go to Car Gurus, set your filter to 2020-2021 model under $90,000. About 40 options will pull up.

There is a very nice Black, one owner car in Naples Fl. Technology and Handling package with carbon fiber dash. Only 2,000 miles on it, owner asking $85K.
There is also a low mileage Orange as well same price range, maybe $83K from what I remember.

There are deals out there and prices are dropping. I wouldnt pay over $85K at all now. You will just have to travel is all.

 

[TheVikingRL]

OP there are better deals out there now.
Go to Car Gurus, set your filter to 2020-2021 model under $90,000. About 40 options will pull up.

There is a very nice Black, one owner car in Naples Fl. Technology and Handling package with carbon fiber dash. Only 2,000 miles on it, owner asking $85K.
There is also a low mileage Orange as well same price range, maybe $83K from what I remember.

There are deals out there and prices are dropping. I wouldnt pay over $85K at all now. You will just have to travel is all.

I passed that along to Alex, thank you!

 

[TheVikingRL]

Was not able to find that 2k car for 85k anywhere on their site. Not in Florida anyway. I do see a lot of 500's for sale, but almost all with low miles were well above 90k. Still a great resource for locating cars!

 

[q6543]

I think when the new Z06 becomes the new clout car the wave of deals comes rolling in.

 

[fearthesnake]

Was not able to find that 2k car for 85k anywhere on their site. Not in Florida anyway. I do see a lot of 500's for sale, but almost all with low miles were well above 90k. Still a great resource for locating cars!

The one in Naples must have sold or dropped off on Friday.

You sure the filter is set correct on your search? There are almost 40 cars (2020s) on the Nationwide search under $89K. There are several with what I consider low mileage under 8,000 Miles or so in the $87K-$88K asking price range. Very nice White, Gray, Twister Orange and Silver colors for example.

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DS

 

[TheVikingRL]

Thanks, I was just searching the Florida region today. I'll expand my search area out as well.

 

[germansheperd]

Looking forward to snagging one in the mid 60s around 2024.

I’m looking to pick up a 13-14 GT500 for 25k in 2024 myself.

 

[q6543]

Nah.. those just close the gap to low 40s like they're already doing.

25k would be for them 08s no one wants.