S550 Residual Values - V8 vs Ecoboost
Discussion
Morning all,
I know that nobody has taken delivery of a RHD S550 yet but I was thinking about residual values last night. I’m guessing most people the V8 will be the Mustang to have. In percentage terms do you think the V8 will have significantly better residuals than the Ecoboost? Whilst I would much rather have a two year old V8 when the time comes to change cars I’m now wondering if a used Ecoboost coupe might be a bit of a bargain, especially if Mountune offer a performance tuning kit at a reasonable cost similar to the Focus / Fiesta.
What do you think?
I know that nobody has taken delivery of a RHD S550 yet but I was thinking about residual values last night. I’m guessing most people the V8 will be the Mustang to have. In percentage terms do you think the V8 will have significantly better residuals than the Ecoboost? Whilst I would much rather have a two year old V8 when the time comes to change cars I’m now wondering if a used Ecoboost coupe might be a bit of a bargain, especially if Mountune offer a performance tuning kit at a reasonable cost similar to the Focus / Fiesta.
What do you think?
Ecoboost new price is a good bit cheaper than V8 to start off with. If it turns out that they aren't hugely popular - which is how it appears at the moment - it might not take too long before we see used ones sub £20k ?
I just can't get my head around wanting or owning one personally. An inline four cylinder Muscle car ? No such thing.
I just can't get my head around wanting or owning one personally. An inline four cylinder Muscle car ? No such thing.
Crystal ball time
When the new car tax comes in (April 17?) then it will make very little difference to running costs bar petrol. Most people buy a Mustang for the V8, therefore you may get an Ecoboost bargain. Personally I woudn't touch an Ecoboost with a barge pole, so that might be an indicator.
When the new car tax comes in (April 17?) then it will make very little difference to running costs bar petrol. Most people buy a Mustang for the V8, therefore you may get an Ecoboost bargain. Personally I woudn't touch an Ecoboost with a barge pole, so that might be an indicator.
My current daily driver does 19 in town and 26 on a run and it's only a 2.5 6 pot. Mind you it is early 90s tech.
The Mercury 4.6 V8 I had last year did 12 in town and 26 on a run. If the Mustang GT betters that, I'll be happy.
I think the guys and gals going for the V8 will have already factored in fuel costs.
The Mercury 4.6 V8 I had last year did 12 in town and 26 on a run. If the Mustang GT betters that, I'll be happy.
I think the guys and gals going for the V8 will have already factored in fuel costs.
TimewarpUK said:
I wonder if the market will be flooded with V8s when people realise how much they are costing in petrol?
Er no because people who look at MPG if they wanted a Mustang would have ordered a Ecoboost on day one totally missing the point of the car IMHO.Why would you have a Mustang and not have a V8 if your remotely "into" cars, I would rather have 2 cars.
DSLiverpool said:
Er no because people who look at MPG if they wanted a Mustang would have ordered a Ecoboost on day one totally missing the point of the car IMHO.
Why would you have a Mustang and not have a V8 if your remotely "into" cars, I would rather have 2 cars.
Because people are people - they make mistakes. Fuel prices are also subject to massive changes. Who'd have thought Diesel would come down to the same price as petrol?Why would you have a Mustang and not have a V8 if your remotely "into" cars, I would rather have 2 cars.
Mustang V8 makes a lot of sense in the USA where petrol is less than half the cost of the UK. Not so much over here.
Anyway - we'll see. Time will tell of course.
Well, as an S197 Mustang owner, this is my view.
1. One of the huge attractions of imported Mustangs is the cheap VEL - currently about £235 pa and if, like me you SORN for 6 months, even less. Mine has 460 supercharged horses and can achieve a median 24mpg and 30 if I drive it gently, which is to say still faster than just about everyone else. Coming from an era where 2 litre cars used to do mid 20s, that is fine by me.
2. The big appeal of the last model was traditional retro looks. The new one has lost that and, being RHD, you're looking at a whole different market. As I don't like the styling, it would need a V8 for me to even consider it.
3. I would never pay over £500 VEL for any car, that's money I can spend elsewhere so a V8, at least up to April 2017 holds no appeal.
4. However, equally the Ecoboost holds no appeal because it's a 4 cylinder. I would buy a Focus ST if I wanted a Euro engine.
Overall, different car, different target market. who knows who will want one. It still beats me why people buy Sciroccos when the Golf is the better car.
1. One of the huge attractions of imported Mustangs is the cheap VEL - currently about £235 pa and if, like me you SORN for 6 months, even less. Mine has 460 supercharged horses and can achieve a median 24mpg and 30 if I drive it gently, which is to say still faster than just about everyone else. Coming from an era where 2 litre cars used to do mid 20s, that is fine by me.
2. The big appeal of the last model was traditional retro looks. The new one has lost that and, being RHD, you're looking at a whole different market. As I don't like the styling, it would need a V8 for me to even consider it.
3. I would never pay over £500 VEL for any car, that's money I can spend elsewhere so a V8, at least up to April 2017 holds no appeal.
4. However, equally the Ecoboost holds no appeal because it's a 4 cylinder. I would buy a Focus ST if I wanted a Euro engine.
Overall, different car, different target market. who knows who will want one. It still beats me why people buy Sciroccos when the Golf is the better car.
I'm mean and don't like the idea of £500 a year road tax ... but I never get what the fuss is about ... the difference between that and £235 for a LHD import over the whole 12 months is £5 a week !! ... if you're SORN for six months then you're down to like £2.50 extra a week for the high tax car.
It'll be the reality of the fuel the V8 uses that will hit home for some, EcoBoost buyers are the sensible ones !!!
Someone with a UK V8 posted somewhere they were well into their 5th tank of fuel as they approached 1200 miles. That's going to hurt as a daily in the UK.
It'll be the reality of the fuel the V8 uses that will hit home for some, EcoBoost buyers are the sensible ones !!!
Someone with a UK V8 posted somewhere they were well into their 5th tank of fuel as they approached 1200 miles. That's going to hurt as a daily in the UK.
I understand but if, like me, you always seem to spend what you have, come the month your VEL is due and you suddenly have to find £505, you do resent it.
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.
Most Yank V8s will do about 20 around town and I found that supercharging mine meant less throttle and better economy and on a steady cruise, I once saw 35mpg. The reality is more like 24 but some forget that the US readout is in smaller US gallons.
Those who claim considerably less, I suspect, drive like tw*ts and possibly do a lot of showboating. It took a track day to get mine down to 9mpg.
For those used to modern cars, maybe they seem thirsty but I test drove a new Fiesta ST recently and the indicator showed an average 29mpg so the two are really not so far apart. My 2007 Fiesta ST averages about 33 but if I tried to drive it as fast as my Mustang goes, with very little effort, I am sure that would drop well below 30.
In any event, my local dealer had a red V8 in stock today and that colour really makes the S550. Almost converted me...
However, I don't care how much certain purchases look "sensible", the V8 will be in higher demand. Rather like today when I drove a Fiesta 1.0 Zetec S back to back with the ST. I liked the Zetec S but against the ST, no comparison. I am sure 4 vs 8 will be the same but of course the initial cost has to be a factor.
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.
Most Yank V8s will do about 20 around town and I found that supercharging mine meant less throttle and better economy and on a steady cruise, I once saw 35mpg. The reality is more like 24 but some forget that the US readout is in smaller US gallons.
Those who claim considerably less, I suspect, drive like tw*ts and possibly do a lot of showboating. It took a track day to get mine down to 9mpg.
For those used to modern cars, maybe they seem thirsty but I test drove a new Fiesta ST recently and the indicator showed an average 29mpg so the two are really not so far apart. My 2007 Fiesta ST averages about 33 but if I tried to drive it as fast as my Mustang goes, with very little effort, I am sure that would drop well below 30.
In any event, my local dealer had a red V8 in stock today and that colour really makes the S550. Almost converted me...
However, I don't care how much certain purchases look "sensible", the V8 will be in higher demand. Rather like today when I drove a Fiesta 1.0 Zetec S back to back with the ST. I liked the Zetec S but against the ST, no comparison. I am sure 4 vs 8 will be the same but of course the initial cost has to be a factor.
I don't think residual values will be that strong.
There's only a small market of people willing to run a V8 Ford. It sounds like a lot
of people have ordered the Mustang new given the excellent price.
I just don't think there will be massive demand for them secondhand once the honeymoon period is over.
Looking at the PCP deals, Ford don't appear too confident either.
V8s will depreciate quite heavily and push the ecoboost down below that. The V8 will always be the one to have.
There's only a small market of people willing to run a V8 Ford. It sounds like a lot
of people have ordered the Mustang new given the excellent price.
I just don't think there will be massive demand for them secondhand once the honeymoon period is over.
Looking at the PCP deals, Ford don't appear too confident either.
V8s will depreciate quite heavily and push the ecoboost down below that. The V8 will always be the one to have.
Hard to predict.
They last model (S197)have always depreciated at a glacial pace in LHD form. Even now, a 10 year old 2005 V8 will command over £12k and even £15k (subject to reasonable mileage). the V6s are less resilient as the 4.0 was never an iconic engine (derived from the old Ford 2.8) and the V6 market was always the lesser but, even so, they do better than their contemporaries, assuming you can find a buyer.
The Ecoboost is going to be in Toybaru GT86/BRZ/370Z territory but it's hard to think of much else - the 370Z only has 2 seats too.
They last model (S197)have always depreciated at a glacial pace in LHD form. Even now, a 10 year old 2005 V8 will command over £12k and even £15k (subject to reasonable mileage). the V6s are less resilient as the 4.0 was never an iconic engine (derived from the old Ford 2.8) and the V6 market was always the lesser but, even so, they do better than their contemporaries, assuming you can find a buyer.
The Ecoboost is going to be in Toybaru GT86/BRZ/370Z territory but it's hard to think of much else - the 370Z only has 2 seats too.
Yep; that's why it only take 12 months from order to build.LuS1fer said:
Hard to predict.
^^ This ^^No way of guessing which way they'll go. RHD Mustang is unique coming to the UK. The only things I can compare it to are VXR8 and 300C SRT8. Both of those have a small but hard core following in the UK keeping the prices firm. You could buy a new or pre-reg VXR8 5 or 6 years ago for £25k .. the best low mileage ones can be seen at £20k plus today. They've held they're money amazingly well. The difference with the Mustang will be the greater numbers.
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