If you’re set on a Mustang for whatever reason, financially it makes the most sense to buy one slightly used. They depreciate very rapidly for the first couple years and the lease rates reflect this. Ford gives them no help.
An effective payment of almost $700 a month for a $35k 4cyl Mustang is one of the worst lease proposals I’ve ever seen on here. You could walk into a BMW dealer, have no idea what you’re doing, and come out with a vehicle twice as expensive for that payment. And if you know what you’re doing, two of them for that payment
Hey man I think this is a good idea. I took a quick check online and found a bunch of 18’ ecoboost premium mustangs for 22-26k. Seems damn good given just a year ago they were selling for 39k!
You could pick this one up at an even LOWER price financed and still have about 10-15k equity after its paid off
Your best bet like has been said is to buy used and sell a couple years down the road. Will be cheaper than a lease.
I have bought and sold several Mustang GT’s since 2011. My last 2 I ordered and got stellar prices and sold within 2 years for right around what I paid, maybe $1k than my purchase price.
Or check out a V6 Camaro, my mom got a convertible one that was a year old with 12k miles, literally half price from new. That V6 is bad ass too, 335hp.
So is the ecoboost Mustang and turbo 4 on the Camaro. Technically they all fit into the term of Pony or Muscle car. To me it’s not worth it if it doesn’t have a V8, but that’s personal preference.
Here is how they define Pony Car : “An American class of automobile launched and inspired by the Ford Mustang in 1964. The term describes an affordable, compact, highly styled car with a sporty or performance-oriented image.” … A Pony Car is small, and a Muscle Car is somewhere between mid-size and full size.
if you want more room and practicality a scat pack is a better option but with the new c8 Corvette coming out you should be able to get a good deal on a non z06/zr1 vette, they also look extremely sharp for a roughly 60k car.