Which Mustangs hold their value?
As a car enthusiast and owner of Kevin's Autos, I often get asked about which vehicles maintain their value over time. The Ford Mustang, an iconic American muscle car, is a popular choice among collectors and everyday drivers alike. In this article, we will explore the Mustangs that are known for holding their value, making them a smart investment for car buyers.
Factors Influencing Value Retention
Several factors contribute to a Mustang's ability to retain its value. Understanding these can help potential buyers make informed decisions:
- Model Year: Certain model years are more desirable due to limited production runs or significant upgrades.
- Condition: Well-maintained vehicles with low mileage tend to hold their value better.
- Rarity: Special editions or unique color options can significantly increase a Mustang's value.
- Market Demand: The popularity of specific models can fluctuate, impacting resale values.
Mustangs That Hold Their Value
Based on market trends and collector interest, here are some Mustang models that are known for their strong resale values:
- Ford Mustang Shelby GT350: This high-performance variant is highly sought after, especially the earlier models from the 1960s and the recent iterations.
- Ford Mustang Bullitt: Inspired by the classic film, the Bullitt edition has a dedicated fan base, making it a valuable collector's item.
- Ford Mustang Mach 1: Known for its performance and unique styling, the Mach 1 has a loyal following that keeps its value high.
- Ford Mustang GT: The GT model, especially with the Performance Package, remains popular among enthusiasts, ensuring good resale value.
Tips for Maintaining Value
If you own a Mustang or are considering purchasing one, here are some tips to help maintain its value:
- Regular Maintenance: Keep up with routine maintenance to ensure your Mustang runs smoothly and remains in excellent condition.
- Document Everything: Maintain records of all repairs and services performed on the vehicle.
- Store Properly: If you have a classic Mustang, consider storing it in a climate-controlled environment to prevent deterioration.
- Limit Modifications: While some modifications can enhance performance, excessive or poorly executed changes can detract from resale value.
Conclusion
Investing in a Ford Mustang can be a rewarding experience, especially if you choose a model known for holding its value. By understanding the factors that influence resale value and taking steps to maintain your vehicle, you can enjoy your Mustang while also ensuring it remains a valuable asset for years to come.
Frequently Asked Questions
What are the disadvantages of a Mustang?
Things We Don't Like
- Steering Feel. The Mustang offers three settings for steering effort, but it's hard to notice much difference between them.
- Carbon-Fiber Knockoff.
- Snug Seats.
What year do Mustangs have transmission problems?
All manual Mustangs from 2011-2020 use the Getrag MT82 transmission. Ford replaced the popular Tremec T5 and TR-3650 used in previous years. Since Ford switched manufacturers, the MT82 has received a lot of criticism due to having several well-known issues.
Are Mustangs a good investment?
Overall, classic Mustangs are a strong investment. Classic car values increase over time, making them worthwhile purchases. Mustangs also have unique traits that improve their investment value, like: Easy maintenance: Mustangs are known for their durability and simple maintenance.
What is the most sought after Mustang?
1967 Ford Mustang
The legendary Shelby GT500, a high-performance variant was also introduced with this model and has become one of the most sought-after Mustangs in history. The 1967 Mustang is still a highly sought after vehicle for collectors today.
Do Mustangs hold their resale value?
In the case of the iconic Ford Mustang, you're getting a car that holds its value much better than many others on the market. Don't be fooled, however; the car does lose thousands of dollars in value each year, albeit at a much slower rate than some of its competitors.
What year of Mustang is most reliable?
The fifth-generation Ford Mustang, particularly the 2014 model, is a top choice for reliability and performance.
What is high mileage for a Mustang?
We discussed the general mileage a Ford Mustang can get, which lands at around 200,000 miles. Considering this number, anything above 150,000 miles is considered high mileage for this vehicle. Once the car hits this number, there's a higher chance it will need repairs and the value will make a decent drop.
Do Mustangs depreciate quickly?
A Ford Mustang will depreciate 48% after 5 years and have a 5 year resale value of $26,114. The iconic Ford Mustang does a great job at holding its value, and ranks in the top 25% of popular models at both years 5 and 7.
Which model year is the best selling Ford Mustang?
In fact, the three bestselling years (in order) were 1966, 1965, and 1967. Sales were 607,500, 559,500, and 472,000 cars, respectively.
What year are Mustangs most desirable?
- 8 2000 Ford Mustang SVT Cobra R.
- 7 1969 Mach 1.
- 6 2016 Ford Mustang Shelby GT350.
- 5 1968 Ford Mustang California Special.
- 4 2012 Ford Mustang Boss 302.
- 3 1987 Mustang Foxbody 5.0.
- 2 1978 Ford Mustang King Cobra.
- 1 1984 Ford Mustang SVO.
