Stupidest Thing About 2020 GT500!

[AustinSN]

That's why you get GAP insurance.

GAP only covers the loan amount, and from what I recall, institutions will not allow you to take a loan on ADM.

 

[9397SVTs]

ADMs suck, no doubt about it. But it is a capitalist society. Why sell something for MSRP, when you have hundreds of people willing to pay you thousands more? You would be dumb to sell at MSRP. The market sets the price, not the manufacturer.

If you want one now, you have to compete / pay to play.

I agree. That's why I'm pointing out that it is completely our fault and that's a shame.

 

[svtfocus2cobra]

Or, perhaps, not pay the ADM/MVA.

If I was living comfortably as a millionaire I would probably just pay the added 20k too, which this GT500 will attract plenty of wealthy buyers. So dont count on the Mustang community banding together to boycott anything. Unfortunately, the average enthusiasts will have to wait until they can scoop one up without the ADM. That's just the way it works so it doesn't do any good to incessantly complain about it.

 

[ZYBORG]

I agree. That's why I'm pointing out that it is completely our fault and that's a shame.

The people that are paying the mark ups dont care, they are just happy to take the shiny new car out of your hands and park it in their garage. Lol

 

[svtfocus2cobra]

GAP only covers the loan amount, and from what I recall, institutions will not allow you to take a loan on ADM.

Gotcha. Thought about that but wasn't sure if that was actually the case. Essentially it is like paying a down payment then.

 

[AustinSN]

Gotcha. Thought about that but wasn't sure if that was actually the case. Essentially it is like paying a down payment then.

Exactly.

Unfortunately, these cars can attract some very high dollar people who have no issue paying $20k-$30k over MSRP. They may make that in a month.

 

[VRYALT3R3D]

If history is any indication, MSRP means very little. Back when the '03 Cobra came out, dealers were charging as much as $20,000.00 MVA. I was in the market for a '17 GT 350R. I couldn't find one for less than $10,000.00 over MSRP. Most were more than that. One local dealer was listing them for $115-$120,00.00. Seriously? I didn't get one partly because I couldn't find a dealer that wanted to deal and I really couldn't see spending nearly $70,000.00 for a Mustang.

This one will be no different. It will most likely cost more, which might make people ask themselves....do I really want to spend $XXXXXX on a Mustang.

Without getting into a debate about new vs used, when you're talking about $70-$90,000.00 for a car, there are a lot of other nice options.

I sure miss the days of having a 5L LX option.

I agree with you that there are better options in that price range. As far as I am concerned, most dealers that I encountered that do the ADM game tend to have the car rot on their lot for months. I always found that if you offer them a deposit and you are ready to buy at that moment, the dealer would storngly consider it. If not, on to the next dealer. It isn't like there will be a shortage of these cars.

There are people on Mustang6g.com that post deals on GT350Rs. I remember back in 2016/2017 hearing of MSRP deals and +5k msrp deals. I would never pay a huge markup over MSRP. It really boils down to supply and demand and how impulsive/quick you want the car. Some people don't care about the markup, others do.

 

[lilcoop03]

yes and no the 10-20 K ADM yes you are out of that but your insurance or the other guilty parties would cover the MSRP of said vehicle.

Maybe they make you pay the ADM in cash and only finance MSRP..? Just guessing because I damn sure will never put myself in that situation LoL

 

[9397SVTs]

If I was living comfortably as a millionaire I would probably just pay the added 20k too, which this GT500 will attract plenty of wealthy buyers. So dont count on the Mustang community banding together to boycott anything. Unfortunately, the average enthusiasts will have to wait until they can scoop one up without the ADM. That's just the way it works so it doesn't do any good to incessantly complain about it.

I have no expectation of people coming together and refusing to throw money away, nor am I incessantly complaining about it.

I am simply adding some observations to the conversation.

 

[MG0h3]

With all the complaints about the rotary shifter, what is the alternative? A flimsy plastic console shifter? Push button? Column? Its all electronic anyways, so why mess with a lever shifter that takes up space and wears out over time?

And adds weight....the number 2 gripe...

Sent from my SM-G950U using the svtperformance.com mobile app

 

[08mojo]

So, I guess it doesn't have an idle speed when you release the brake pedal? You have to press the gas to make the car move at all? Forgive my ignorance as I've never driven a DCT, but I have to assume this as there is not TC and you mentioned clunky low speeds.

When you release the brake, the car is essentially in neutral (well it's in gear, but the clutch is not engaged). The car will not move, under the engines power, until you hit the gas pedal--regardless if you're on the brake pedal or not. The car does have a 'crawl' feature, which is engaged by tapping the gas pedal (foot must be off the brake) and it will move at idle speed. However, that idle speed comes abruptly, and sometimes idle speed is too much.

It's really a very minor issue. The benefits of the DCT far outshine the cons. Even with the advancements of the new automatics, they are still not able to deliver the feel of a manual gearbox--even if the clutch and shift gates are automated.

 

[03Sssnake]

gripes aside, it does look killer! Not only does it look like an ass kicker, it looks like its walking over to do it!

 

[08mojo]

I'm not saying the rotary knob would keep me from buying a GT500. I'm just saying there are better options. The downfall of the rotary knob is that you can only shift the car from the steering wheel/column mounted paddles. There are times when shifting from the console is helpful.

Dodge seemed to figure it out...

so did bmw:

and nissan:

and VW:

etc...

 

[BrunotheBoxer]

I agree. That's why I'm pointing out that it is completely our fault and that's a shame.

For some people paying 20k over msrp is peanuts.

There’s a garage in downtown Boston where parking spots cost 500k each plus condo fees.
I met a guy that personally owns 5 spots.

Think about how much your house is worth if you pay 500k for a parking spot.

For people like these, paying 20k or more to get something they want is like us forking over $5.

Brimmer Street Parking Garage | Boston, MA

 

[AustinSN]

For some people paying 20k over msrp is peanuts.

There’s a garage in downtown Boston where parking spots cost 500k each plus condo fees.
I met a guy that personally owns 5 spots.

Think about how much your house is worth if you pay 500k for a parking spot.

For people like these, paying 20k or more to get something they want is like us forking over $5.

Brimmer Street Parking Garage | Boston, MA

No thank you.

 

[DSG2003Mach1]

the stupidest thing about the 2020 gt500 is most of the people posting about it

 

[svtfocus2cobra]

I have no expectation of people coming together and refusing to throw money away, nor am I incessantly complaining about it.

I am simply adding some observations to the conversation.

Im referring to a few people on here and in general who wont stop bitching about it. All kinds of shit gets marked up all the time. I remember when PS2s and PS3s were going for up to a $1000+ because it was the holidays and there was a shortage of them. It sucks but people pay it so the practice continues.

 

[HISSMAN]

Only stupid people pay ADM's. I've never paid an ADM on anything.

 

[blk02edge]

gripes aside, it does look killer! Not only does it look like an ass kicker, it looks like its walking over to do it!

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@tonesRS3 obviously this is all you up top.

 

[03Sssnake]

@tonesRS3 obviously this is all you up top.

tones has owned both colors, or similar...I would go for tic tac...