Henry Ford believed he had to pay his employees enough money to afford his cars.
Most of the younger generation likes used Hondas/Japanese cars. They can be had for little money, reliable and have tons of performance options. Nobody can afford a $35K mustang on a service industry salary. Especially when you have $100K student loans.
Additionally, the new Korean cars are a fraction of American cars and offer more options without sacrificing anything.
Of course now they make cars virtually impossible to maintain without taking them to the shop. So nobody wants to be a fixer-upper anymore.
You can get a new mustang for close to 20k. For 36k I got my fully loaded gt with performance package.
I have a 2011 V6 premium Mustang 6 speed stick. I have an aftermarket CAI that puts it around 325 HP at the flywheel. It gets 30MPG on the highway. I test drove a 2015 Ecoboost and a 2016 GT. I own mine outright. Couldn’t find a reason to trade it in for a payment.
Yep.
It’s hard for a young person to justify buying a new Mustang.
The Mustang is a great car, just hard for them to justify getting one.
The ones I really don’t understand are the guys paying over $100,000 for an old muscle car.
The new Mustang is a much better vehicle than the 68 Fastback, but guys will spend tons of money to have that 68 sitting in their garage.
I personally don’t get it.