S550 Residual Values - V8 vs Ecoboost
Discussion
Driver101 said:
V8s will depreciate quite heavily and push the ecoboost down below that. The V8 will always be the one to have.
If you do a finance quote on the Ford website for the basic model for three years with 9,000 annual mileage the optional final payments are as follows:
- GT V8 Manual Fastback (£33,995.00): £17,489.00
- EcoBoost 2.3 Manual Fastback (£29,995.00): £14,830.00
Should these be taken as an indication of the residual values Ford expect the cars to hold? If not then there's a hefty deposit to be had towards another car on a Personal Contract Plan.
- GT V8 Manual Fastback (£33,995.00): £17,489.00
- EcoBoost 2.3 Manual Fastback (£29,995.00): £14,830.00
Should these be taken as an indication of the residual values Ford expect the cars to hold? If not then there's a hefty deposit to be had towards another car on a Personal Contract Plan.
TimewarpUK said:
If you do a finance quote on the Ford website for the basic model for three years with 9,000 annual mileage the optional final payments are as follows:
- GT V8 Manual Fastback (£33,995.00): £17,489.00
- EcoBoost 2.3 Manual Fastback (£29,995.00): £14,830.00
Should these be taken as an indication of the residual values Ford expect the cars to hold? If not then there's a hefty deposit to be had towards another car on a Personal Contract Plan.
If I had a 3 year old car worth around 50% of it's new price, I would be happy. That's about right, isn't it? I always assume 20% pa on a reducing balance when I've got nothing else to think about.- GT V8 Manual Fastback (£33,995.00): £17,489.00
- EcoBoost 2.3 Manual Fastback (£29,995.00): £14,830.00
Should these be taken as an indication of the residual values Ford expect the cars to hold? If not then there's a hefty deposit to be had towards another car on a Personal Contract Plan.
LuS1fer said:
Hell, I resent the £235 given the yardage I cover every year and the simple fact is that, give the choice, I'd rather pay the £235 and when that becomes £140, post April 2017, £505 is going to look increasingly expensive, not least because Mustangs traditionally retain a lot of their value.
Just FYI, your tax will not drop next April, the new rules will only be relevant to newly registered cars.CaptainSensib1e said:
LuS1fer said:
Hell, I resent the £235 given the yardage I cover every year and the simple fact is that, give the choice, I'd rather pay the £235 and when that becomes £140, post April 2017, £505 is going to look increasingly expensive, not least because Mustangs traditionally retain a lot of their value.
Just FYI, your tax will not drop next April, the new rules will only be relevant to newly registered cars.The point is that there will be offsets. The lump sum tax, paid up front, on new cars from April 17, will be the burden of the first new buyer so, from that point of view, used S550s will remain attractive, with sufficient depreciation thrown in, despite the VEL.
It will be a few years after that when the lower VEL may become a factor.
Here in the U.S. Ecoboost values are tanking. If you got an ecoboost, slap yourself, a mustang is all about the v8 theater and performance. The v6 and the ecoboost has done none but dilute the image of the mustang. There are tons of cheap rwd turbo cars in the U.K that you get that we don't.
If your really insist on an ecoboost wait a year or two and get a used one.
If your really insist on an ecoboost wait a year or two and get a used one.
5ohmustang said:
Here in the U.S. Ecoboost values are tanking. If you got an ecoboost, slap yourself, a mustang is all about the v8 theater and performance. The v6 and the ecoboost has done none but dilute the image of the mustang. There are tons of cheap rwd turbo cars in the U.K that you get that we don't.
If your really insist on an ecoboost wait a year or two and get a used one.
You have to wait a year or two to get new one here!If your really insist on an ecoboost wait a year or two and get a used one.
Not sure about "tons of cheap rwd turbo cars in the U.K", and certainly none to hold a candle to the Mustang. What did you have in mind? I agree about the V8 but I thought part of the Mustang's appeal from 1964 was that you could option it to be whatever you wanted which made it attainable but personal at the same time.
In the UK, if you want a Mustang for a daily driver then unless you are loaded the EB makes sense. Don't forget that until recently we were paying the equivalent of nearly 10 US dollars a UK gallon. It's dropped a bit now but as certain as death and taxes it will go back up. You also pay £550 per year vehicle excise duty on a V8. Also, bear in mind that we've never been able to buy a Mustang here before so the demand is high amongst those who have always wanted one but couldn't live with LHD, personal import, no dealer network etc. I've ordered a V8 because that's part of my 50 year Mustang dream, and I can afford it, but I still think the EB is a tidy piece of kit which means more people can have one (part of the original Mustang ethos). However, we'll all be driving Ecoboosts soon so we need to make the most of the V8 while we can.
Emissions are all a big con. Aside from my supercharged S197, I have a "daily" Fiesta ST2 1.6 Ecoboost.
My old 2.0 ST did 33mpg and so does this one, even driven gently and with an extra gear but I pay half the old rate of VEL (£130).
Apart from anything else, I don't much like turbos.
My old 2.0 ST did 33mpg and so does this one, even driven gently and with an extra gear but I pay half the old rate of VEL (£130).
Apart from anything else, I don't much like turbos.
I've only recently been looking at Mustangs. Never really gave them a thought before as a result of them being non RHD. But now that they are available in RHD along with the looks, rarity and price of the Ecoboost when compared to the likes of a new Civic Type R and or Focus RS had me wondering what they are like. (now I totally understand they are different cars to the Hot Hatch brigade but please allow me this. They are close on price and are fun, quick cars.)
I obviously would love the V8 but with an annual road tax of €2350 on them here in Ireland plus a difference of €18,000 in price in difference on 4 cylinder and the V8 here it renders the V8 too far a step to consider.
So maybe the inline 4 might not be a great car to consider in the UK or US but in other countries where massive taxes apply more on the V8 version the inline 4 may not be a bad car to consider.
John
I obviously would love the V8 but with an annual road tax of €2350 on them here in Ireland plus a difference of €18,000 in price in difference on 4 cylinder and the V8 here it renders the V8 too far a step to consider.
So maybe the inline 4 might not be a great car to consider in the UK or US but in other countries where massive taxes apply more on the V8 version the inline 4 may not be a bad car to consider.
John
I thought the purpose of Irish independence was so that you boys could have freedom. What you are describing doesn't sound much like freedom to me. I think that you've been had over, even Dan Breen said he wouldn't give a night's sleep for the Government you have now (or then, it was the 60's I think). I couldn't live in a country where you had to be a multimillionaire to afford a decent car! Or one where you were told what you can and can't do by a bunch of rich guys and their political cronies. Campaign to rejoin the UK or just move there? It's not perfect but you can buy a 'Stang for £34k.
Tell you what, they are even cheaper in Botany Bay. (Only joking bud, but I think there is a point in there somewhere). Is Ireland these days just a haven for rich guys, albeit Irish rich guys as opposed to British rich guys? Seems ironic when half the management of Ford Motor Company must be of Irish descent. Am I misunderstanding the problem, I've only been in Ireland three times if you count Belfast, and not more than 24 hours on each occasion,so I am no expert.
Tell you what, they are even cheaper in Botany Bay. (Only joking bud, but I think there is a point in there somewhere). Is Ireland these days just a haven for rich guys, albeit Irish rich guys as opposed to British rich guys? Seems ironic when half the management of Ford Motor Company must be of Irish descent. Am I misunderstanding the problem, I've only been in Ireland three times if you count Belfast, and not more than 24 hours on each occasion,so I am no expert.
Edited by cardigankid on Saturday 30th January 09:54
cardigankid said:
I thought the purpose of Irish independence was so that you boys could have freedom. What you are describing doesn't sound much like freedom to me. I think that you've been had over, even Dan Breen said he wouldn't give a night's sleep for the Government you have now (or then, it was the 60's I think). I couldn't live in a country where you had to be a multimillionaire to afford a decent car! Or one where you were told what you can and can't do by a bunch of rich guys and their political cronies. Campaign to rejoin the UK or just move there? It's not perfect but you can buy a 'Stang for £34k.
Tell you what, they are even cheaper in Botany Bay. (Only joking bud, but I think there is a point in there somewhere). Is Ireland these days just a haven for rich guys, albeit Irish rich guys as opposed to British rich guys? Seems ironic when half the management of Ford Motor Company must be of Irish descent. Am I misunderstanding the problem, I've only been in Ireland three times if you count Belfast, and not more than 24 hours on each occasion,so I am no expert.
You're not the first person to be amazed at the taxes and stuff we here are forced to pay in order to have a decent car, live a decent life style etc etc. I do understand what you're saying though!Tell you what, they are even cheaper in Botany Bay. (Only joking bud, but I think there is a point in there somewhere). Is Ireland these days just a haven for rich guys, albeit Irish rich guys as opposed to British rich guys? Seems ironic when half the management of Ford Motor Company must be of Irish descent. Am I misunderstanding the problem, I've only been in Ireland three times if you count Belfast, and not more than 24 hours on each occasion,so I am no expert.
Edited by cardigankid on Saturday 30th January 09:54
I guess to put it simply, there is a small population here. And of those, there is a small amount of people paying tax on there earnings, once you take out all the young and the elderly. So, in order to keep us in our first world life style the clowns or I mean government here need to pull in taxes in other ways. Taxing big engined, high emission cars being one of them. Adding another tax to register a new car being another. I think the VRT (vehicle registration tax) on a V8 Mustang in about 36%. (that is on top of already having paid 23% VAT on the car)
That's the sort of asshole politics we are liable to get here if Scotland ever goes independent. The bottom line is impoverish everybody, and I really detest that. If it does happen I'll be moving to England, or the States if I can, or back to Germany. I am sure Ireland is a lovely place, but you might do better working somewhere else. The day someone stops me having the car I want at a reasonable price - and even in the UK we get shafted compared with the USA - is the day I start planning to ship out.
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