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2001 Ford Mustang
Invoice: $15,906 - $30,190
Miles Per Gallon
City: 18 MPG - 19 MPG
Highway: 25 MPG - 29 MPG
Body Style: Coupe, Convertible
Engines: 3.8L V-6 193 HP, 4.6L V-8 260 HP, 4.6L V-8 320 HP
The Ford Mustang has remained true to the traits that made an instant classic of the 1964-1/2 original, even as it is entering the third year of its fifth generation. It's still relatively big for a sporty car, with plenty of available options, and small-block V8 power. With the latter, there's plenty of torque. The engine sounds great at full song, urging you to keep your foot in it, yet it burbles along when cruising, attracting lots of attention from those around you. Excellent handling response keeps you involved. But no matter the model, the Mustang boasts distinctive styling. It won't be mistaken for anything else. It makes a statement. The Mustang has only two true competitors, the Chevrolet Camaro and the Pontiac Firebird. There are imported coupes that compete with the Mustang on price, but they don't offer the same V8 pony car experience.
Purchasing an older vehicle, such as the 2001 Ford Mustang, makes good financial sense. You're able to avoid the steep depreciation rates that occur with brand new vehicles. This essentially gives you the advantage of getting a 2001 Ford Mustang for less money than when it was new. If the 2001 Ford Mustang was properly maintained, you also have a good chance of steering clear of problems that would have developed when the car was new.
The amount you pay for an older car depends on various factors. One important element is where you buy the vehicle. You're likely to get a better deal if you buy it from a private party, as opposed to a dealer. On the other hand, a reputable dealer will normally have some kind of limited warranty, so you can drive away knowing that if the car breaks down right away, you'll be covered. Another factor that may affect price on a 2001 Ford Mustang is whether it's "certified" by the manufacturer. A certified vehicle will cost more because warranty service is provided that normally doesn't come with a used car.
Another dynamic that will play into the purchase price is the resale value. A used vehicle with a high resale value will obviously cost you more. It is expected that the 2001 Ford Mustang will have a good resale value. This assumes that the 2001 Ford Mustang is in good condition and has a reasonable number of miles.
Find a used 2001 Ford Mustang for sale at CarsDirect.
