Is it a bad idea to buy a 94 mustang gt convertible with 136,000 miles?
The asking price is ,500 It appears to be in good condition.. Only listed problems are heater core and passenger window motor. I most wont likely buy if i can’t talk the guy down to 3k. However, the car insurance and amogi will not be coming out of my wallet.
Aftermarket/mods inclued
flow master exausts,
magna flow xpipe w/ cats
k&k cold air intake
eldinbrook throttle
roush cables
mcd cap
custom seats/ interior
Just a quick fyi…
I would have something similar too if not Amogi auto insurance covering any kind of required work… (it covers everything.)
Remember.. I am not buying if i can not talk to guy down to ,000.
Also, future problems will be payed for by something similar to amogi.
ALSO-
”The auto was rebuilt 20k ago”
i’m not sure what that means though
7 Responses
ladystang
04 Jun 2010
david
04 Jun 2010
nope heater core is a big problem
deljack05
04 Jun 2010
I would not pay 4500 dollars for anything with 136,000 miles on it. If it has all those goodies on it someone was beating on it. They don’t add all that speed equipment for nothing. I would find a different car if I were you.
coldfuse
04 Jun 2010
The modifications lead me to believe this wasn’t grandma going out for a leisurely Sunday drive. This automobile has likely been pushed to its max on a number of occasions. I would be concerned about a number of engine internals and poor compression. Has there been any mention of it "starting to use just a little extra oil?"
At any rate, the car is way overpriced. Someone is emotionally attached to the money he has put into it, and someone else will pay too much because he will think it will make him a little cooler. Just don’t let that be you.
BSherman
04 Jun 2010
Once an American made car gets over 100k miles there is no end to the repairs. The heater core and window motor will only be the first of many, many repairs to come.
If you are buying the car as a collector’s item that you will restore and drive sparingly, then it’s an OK purchase. However, if you are buying this for everyday transportation, then you need a much lower mileage car.
Jim
04 Jun 2010
You should also consider that such a car may be expensive to insure. Check your insurance rates before buying one, for example here – carinsurance.deep-ice.com
Joe
04 Jun 2010
The key is how many more miles has it got left.
I guess maybe 70k before it a total donor car
If you plan to keep it (if you buy it) go to Summit Racing.com and Jegs.com and look at the cost of replacement engines.
The "rebuilt auto" means nothing without the paperwork from the TRANSMISSION shop that rebuilt it.
Anybody that can spell it can claim "rebuilt" as there are no standards for what that means (unless you are talking about a shop with a license or a part from a dealer.)
i would go to mechanic and ask how much the repairs would cost. have to have a heater. the passenger window i could wait a while for.