Which is the better deal?

I have leads on 2 very different cars and am curious what the more experienced people think.
Car #1 2003 GT Convertible anniversary edition, loaded to the gills.
One owner and it has 18k on it. Auto trans, upgraded everything. Condition is excellent and it has all service records as well as a clean CarFax.     Price is $19k and it is from a dealer.
Car# 2 2005 GT Coupe with auto trans and more or less standard trim. Car was a program car and only has 3k miles on it. They want $26k for this one.
So what would you do?
Here is my opinion:
I think the 2005 is overpriced. The car is really going on 2 years old as far as model year is concerned.
The 2003 looks like a heck of a deal but I would still trim the price. Ideas? Thoughts?
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

I feel your pain. While I struggle to keep two aging 5.0s on the road, the new Mustangs are callin' me. I'd really like to have a new GT convertible, but I'm not quite there yet.
Meanwhile, things like this appear on the local Ford dealer's lot:
http://fbfordwc.fredbeans.com/used_vehicle_details.htm?vehicleId 4bfbde4046381e00ce82ccb54cf4b2
and it gets me thinking, "Yeah, I could do that."
I remember swearing that I'd never buy another used Mustang - too many unknowns in how it was treated, yet I swooped up my '93 convertible when I saw it and am now dumping $thousands into it every year. I always get a strong urge to pick up a nice looking car like the one linked, but wonder if I'm swapping a pig in a poke for a bird in the bush. (Or whatever.)
(In fact, I SERIOUSLY considered swapping BOTH of my '93s for a 2001 Cobra convertible listed at $19,998, but that car was sold before I could move on it.)
In the end, though, I'm resolute about trading up only to a new Mustang. That Cobra was certainly inviting, but there are otherwise no recent Mustangs that would be better (in my opinion) than the new models, and I just don't want to take the chance of picking up a dog when I could stretch a bit more and buy new.
With a bit of patience and positioning, we get what we want. Try to avoid any spontaneous purchase that would take you off track and focus on the real goal. The day is coming when the stars will align (dealer sale, Ford financing program, whatever) and you can buy the car you really want.
dwight www.tfrog93.com
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
Just my opinion, and I agree with you. I wouldn't pay that much for a two year old car car that already has 3k miles on it. No telling how they got on there. You may be able to get an 06 for that price this time of year.
Then again, it could be like the last vehicle I bought (an 06 Jeep Liberty Limited) had it for only 6 months and decided it wasn't what I wanted after all. I traded it in. A Mustang is much more likely to have had the piss ran out of it those first 3k than a little SUV is..
The two you have listed are completely different vehicles.
Depending on our budget if you like the price and payments of 03, you will have more fun drivign a car that isn't sucking you dry, If you have full pockets and price is no option (likely that isn't the case or you wouldn't be asking, ;-D ) then buy the 05 if you like it best.
Insurance will be a factor too. The 03 may be a little cheaper because of it's age.
At the price of the 05, they are ahving year end clearances now, you may get a brand new one for that price!
Kate 2O]]]]]]]O6 Rubicon
:I have leads on 2 very different cars and am curious what the more : experienced people think. : : Car #1 2003 GT Convertible anniversary edition, loaded to the gills. : One owner and it has 18k on it. Auto trans, upgraded everything. : Condition is excellent and it has all service records as well as : a clean CarFax. : Price is $19k and it is from a dealer. : : : Car# 2 2005 GT Coupe with auto trans and more or less standard trim. : Car was a program car and only has 3k miles on it. : They want $26k for this one. : : So what would you do? : : Here is my opinion: : : I think the 2005 is overpriced. : The car is really going on 2 years old as far as model year is concerned. : : The 2003 looks like a heck of a deal but I would still trim the price. : Ideas? : Thoughts? : : : : :
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
wrote something wonderfully witty:

The `03 is the better deal and perhaps even bang for the buck and grin for mile. That's even taking in for consideration how much I like the styling of the new body style. If I had the $26k I'd be shopping for a either an `07 or leftover `06. "A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover they can vote themselves generous gifts from the public treasury. From that moment on, the majority always votes for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse due to loose fiscal policy, which is always followed by a dictatorship." -- Alexander Tyler
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

if both were coupes I'd go with the 05 easy locally the older body style (04 and back) is already taking a hit on value. the drop top makes up for a lot though.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
lymee wrote:

Which one gives you a woody? Buy that one.
--
.boB
Arrived: 2006 FXDI, Red.
  Click to see the full signature.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

Motorsforum.com is a website by car enthusiasts for car enthusiasts. It is not affiliated with any of the car or spare part manufacturers or car dealers discussed here. All logos and trade names are the property of their respective owners.