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Old 08-02-2016, 04:18 PM   #163
MovieGuy

 
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Drives: 2016 Camaro 1LT
Join Date: Apr 2016
Location: Topeka KS
Posts: 892
Quote:
Originally Posted by nvrsatisfied View Post
I'll explain it. People bought the Mustang because it was cheaper. When they try to trade them in, they are upside down even though they put 4K down payment. The mustang trade value is low because of the incentives Fotd offered. Since they cant trade in the mustang and they can't afford to roll the negative equity into the Camaro, they are stuck with the Mustang. Ford is trying to help them by selling tune packages to increase the performance.
I bought a Mustang with a window sticker of $30,000 July 5 2014, because of a $4000 rebate and $2,000 X Plan I got it for $24,000. April 19 of 2016 I got $19,000 for trade on my almost base Camaro. I would say that was a pretty damn good trade in value. And I most certainly was not upside down.
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