Why I wont buy another Saleen Mustang - Flying Wheels
Vložit
- čas přidán 8. 05. 2021
- The first 1000 people to use the link will get a free trial of Skillshare Premium Membership: skl.sh/flyingwheels03211
.
View our inventory @ www.flying-wheels.com/
.
Sign up for an exclusive email and learn how to do the same @
www.startyourdealership.com/
.
Love our content? Show your support by wearing our Merch!
shop.spreadshirt.com/flyingwh...
.
Follow our day to day on Instagram @ / flying_wheels_
.
You can buy the products we use every day directly on our Amazon store right here!!
www.amazon.com/shop/flyingwheels
.
Follow us on Tiktok @ / flyingwheels
.
Did you learn anything? Help support our channel Venmo @
venmo.com/FlyingWheels
.
Follow if you are into:
#MustangGT
#MuscleCars
#MustangFails
#ShelbyGT500
#MustangCrashes
Tags:
Supercharged supercharger Saleen S281 S281SC specs values appraisal NADA Edumunds Value price comps sold Roush Roushe for sale mustang crash mach e station wagon GT fails fail specs spec performance horsepower torque engine ecoboost camaro zl1 z28 6.2L V8 best exhaust performance parts caroll shelby history Corvette Z06 z06 VIN decoder for sale flying wheels 4.6L 5.0l 5.2L 5.4L 4.6 5.0 5.2 sa281sc sa281 sa25 s7 1984 1987 1992 1994 1998 2004 2005 2012 2013 2015 2018 2020 2021 - Auta a dopravní prostředky
A Mustang enthusiast knows the difference between a ROUSH or Saleen and a regular Mustang
Theres alot of things wrong in this video....
That why they don't want one that has 5 hp more that a stock 18 gt for the same price .....5 min of research would have help flying wheels from this mistake easy.......
Have to target buyers with a car like that
There’s more copies than actual saleens and cobras.
Not a Mustang enthusiast, or muscle car or for it and even I know this, lol
I did my first car flip this week. Bought it for $600 put $250 into it and sold it for $1900. lots of work but im on my way .
Stick to cheap cars !
What model car was it?
@@stoneybolognarly9376 2006 dodge grand caravan . 125,xxx miles
Keep it going ✊Great profit.
Good profit and good deal!
I took a drink everytime Craig said "Saleen" woke up on Oak Island 3 days later and I found the money pit...
Was the money pit full of buttons and old pieces of wood?
Lol
Are those 2 wierdo brothers still there digging shit up
🤣😂🤣
lol the money pit was the cost of the project
Keep it for yourself. You bought it; enjoy it! Drive it to work and let it attract people to the lot. I'd be proud to own something like that.
I wonder if Cars and Bids would be a good match since it’s a unique car.
This
@@johnPxIV what?
THIS
Hello Doug Demuro.
Absolutely.
I guarantee you that every single person that has low-balled you and acted like they don't know what a Saleen is, would turn around and try to flip it for more than you're asking because it's sUpEr RaRe!!!!!!1!!!!!!1!111!!!!
Definitely
I mean, I'm a 90s kid, so I was introduced to the Saleen mustang in Varsity Blues, it was driven by that hot ass teacher.
Is the Craigslist sixty percent still a thing? For cars under $5000 it's private party market in Southern California. I'm going slow on shopping for a replacement for my 2001 Ford Expedition. It looks like you know what but it still runs then I pray for $2,000 it's utterly ridiculous how car and housing prices have gone up all this fake money is driving up the cost of living! I enjoy your videos I learn something new every week thanks Craig
Honestly, the Saleen Mustangs of this generation are some of my favorites-I find the styling rather subtle, especially compared to what can be seen today with these "specialty" sorts of cars (for example, look at what Mansory or Hennessey or even Brabus will do to vehicles). I know those comparisons are in a somewhat different league from what Saleen does, but it's a similar concept.
Now as for the depreciation/sales side of it, yes, since most people won't even know what the hell they're looking at it would be a very hard car to try and sell. If I were to buy one of these it would 100% be to drive, not to flip or sell in any way
Any true Mustang fan would know what that car is. You had too many people who don't know what they are looking at. I wanted one back in the day when they came out but couldn't afford it at that time.
I wanted the 03-04 COBRA
Great info! My parents old 35th Ann Camaro SS Brickyard 400 pace car #22 was the same, as this Saleen, issues as spoken. It will be going on the block at Mecum this Wednesday in INDY.
Sold mine within the week and i was asking around what it was worth. Had a lot of people interested and most knew what it was. It was one of the fastest selling cars i have ever sold.
If marketplace will not let you put the full price in, change the make and model to other and type in what it is and you can put whatever price you want while keeping it under the cars category. This will probably not work if you list it as a dealer.
Been in love with these kind of cars since I was a kid
I love this video! Super useful information that I wouldn’t have thought about!
2 words...niche market.
Owned a 2003 Jack Roush Classic, #35 of 50 built. Talk about a depreciating asset. Went in to buy a Terminator, should've stuck to my guns and bought the Termi instead. An instant classic nowadays; "specialty" cars, not so much. Too much cloning going on doesn't help resale either.
Never again.
My saleen sc was a killer car. Stored it every winter. Took forever to sell it. Had 21 k miles on it. Cherry car. I miss it. Top speed I hit was 165mph.
Next time list it on BaT - Bring A Trailer 👍🏼
Thats exactly what I was thinking. Would definitely get the right people looking at it.
Like your videos you pass down some knowledge to us new business owners and those who don’t have as much experience as you do in the car business.
Several Saleen message boards. Could've gotten the asking price there.
Very interesting video. Mustang GT owner here. Didn’t really know much about the Saleen brand but learned what I need to know. Thank you.
Why didn't send it to Barrett-Jackson or Mecum auctions? I think that was where your buyers would be found.
Good point
@Flying wheels if you do decide to sell at Mecum, please make a video of the process 🙏🏾
I’d imagine the sellers fees at one of those big auctions would be obscene.
@@mj_aussie_coaster_travels8310 might be worth it at this point.
A red s281 convertible auto went thru mecums. It brought in the 30s.
I absolutely love this car. Was infatuated by it in middle school when it came out. Absolutely gorgeous car
I have financed three Saleen Mustang ‘s. My first one, an 89 fox body was through Wells Fargo. My second one, an 02 N/A was through a credit union. My third one, a 2007 extreme was also through a credit union. I simply used the NADA guide To show cost and value as well as a letter/ phone call to/from Saleen verifying that it was a Saleen Mustang. SALEEN can verify their cars by the vin, even though the vin reading shows whatever model mustang they used to build the SALEEN. It is a little bit of a pain because it’s not necessarily straightforward on financing as well as insurance. If you know what the vehicles are they are well worth it. You can also advertise on the marketplace by putting in the description what you actually want to charge for the vehicle, at least that’s what I’ve seen people do. You could also advertise these vehicles, I’m assuming Rauch as well on the SALEEN forums and SALEEN Facebook pages. It’s amazing how fast these cars get scooped up. Hope this helps and whoever purchased it will probably be pretty happy.
Thanks a lot! I tried all3 of my credit unions and banks
To help you out some.
There may only be 3 2008 S281s for sale currently, but there are plenty of 05-08s for sale.
The #22 doesn’t mean the car was the 22nd car made that year. Saleen doesn’t build them in sequence. Also cars numbers 1-10 are used internally for press/media, demos, family and friends. Not all numbers are used either.
You can order a new window sticker and a Letter of Authenticity from Saleen on their website.
The car you have had an aftermarket non Saleen hood on it. Saleen also did suspension changes including springs, sway bars, shocks/struts. Supercharged models also received larger front brakes with StopTech front calipers and rotors. The seats have custom covers and front has custom headrests. The wheels should be silver or chrome and have been refinished.
Not far from the way Roush does it.
@@09roushsupercharged26 similar. Iirc Roush did 3 different stages and special editions. From 84-09 all Saleens got full body kits (except a few different editions), interior, and suspension. It wasn’t until 2010 Saleen/SMS went to a label system. In 08 you could get a base S281, S281 SC, S281 Extreme (but for 08 they may have been S302 Extreme), Dan Gurney Edition, possible Flag editions (Red Flag, American Flag).
@C Allen. I noticed the same. It has wrong hood and wheels. And he didn't mention the suspension work.
So happy you cleared that up because as a owner of one of these fine machines , I was wondering from the title of this video what is he talking about. I do remember when I was searching for my 06 in 2009 it was listed as a GT. I thought that was so strange although I knew what I was looking for and wanted. Now that I think about it I did finance half the price of the car which maybe why I didn't have a problem getting it. Good Video.
This one has great info and I’m sure it’s something you can apply to other similar limited models things to think about when our basing a car to flip
This is great info, I’m considering one, not super worried about resale so it’s good to know they are slow movers and I can take my time for the right one.
Very informative 👍
10+ Saleens currently listed on Hemmings Auctions
Seems to me the place to sell this for market value would be a Saleen owners group. A specialty car needs to be in front of that crowd.
Issue is is saleen heads are just mustang fans, no mustang fan wants to work off the 4.6 motor as a platform
Thank you for that I learned something
Craig please keep these videos coming. I love your honesty, and work ethic. You definitely give a great perspective on buying and selling cars.
Love it Craig! Great content!!
"Cash today" and "cash right now" my favorite Facebook offers!!
Very enlightening!!
loving the camera quality
Very educational thank you!
Btw, books as a modified Mustang GT. Saleen doesn't do anything to the VIN.
True....However, every legitimate Saleen.. is registered in the Saleen registry based on the ford/mfg VIN. If you find a questionable "Saleen" you can call them (with the VIN) and discover who was the buyer/original owner, what is the actual Saleen Number (which corresponds with a listed Saleen ID), also, any special part, or configuration details which it came equipped with. every original Saleen also came with a Saleen jacket. Might try to see if the jacket can be thrown in with the sale? Lots of Trivia is out there - if you want to authenticate the car.
@@JustinAEgan Every legitimate S281 and Shelby GT / California Special is registered to DMV as a Ford Mustang GT and as such, NADA considers it a Ford Mustang GT for re-sale. Which yeah it's unfortunate but that is reality. The only benefit is it keeps your insurance cost at the price of a Mustang GT which I find is very cheap. I used to like Saleens til they ripped me off. Now I would just go with S197 stock, build up the bottom end and slap a twin screw on it. That's the way to go. It will knock out any S281 that way. 600+ horsepower is achievable.
@@wiselinkmarque3947 Type into your google search bar, nada 2007 ford mustang saleen s281e
I always thought the Saleen's had their own Vin. They are listed as a Manufacturer. Lean something new everyday- thanks Craig.
Wow. A good lesson on why if you want something like this you better plan on keeping it.
Did you know that Saleen worked their magic on a small handful of V6 and V8 models from 99 and 00? They’re pretty cool and I’ve only ever seen one.
Thanks for the info. I'm looking for a 2007 - 2009 427R and this video was a big heads up!
ya your right I had a 2004 and a 2006 Saleen and they were very hard to sell
I just love it when people say cash right now and then want to write you a check !
It's looking beautiful
Excellent video as always. Watching it made me wish that more automotive enthusiasts were motorsports fans - in particular IMSA and World Challenge fans. Those fans in particular would know immediately what the Roush and Saleen Mustangs are.
I think you overstate the GT500 availability. AutoTrader shows a little over 700 new and used nationwide. I get your point that Saleen's are more rare. New GT500's are selling well above MSRP, and newer used ones show very little depreciation.
GT500 is also a helluva lot more desirable than a Saleen.
The GT 500, and Terminator cars are way more plentiful than cars like that Saleen. I can find several of the fist two aforementioned cars even today, unlike the Saleen.
@@erikturner5073 they made more of those cars but those cars also have far more potential. It's not even close. They have much better driveline whereas the Saleen is a mustang gt with a blower. (Driveline wise)
Awesome videos as always.
Hemmings is the only place I would list a saleen
I think part of it is the underlying engine, a 4.6L variable cam Triton, is known to be a money pit. Chain guides that break, tensioner gaskets that blow out, VCTs that stick, phasers that fail from a lack of oil pressure, lifters and roller followers that required an update from Ford, 2 piece spark plugs that break in the head, and an oil pump that leaks from the aluminum backplate at high speeds. The oil channels, particularly on the camshaft, are exceptionally small, so these engines absolutely require a perfect service history. I put my kids through college on this engine, and I wouldn't recommend it to my worst enemy.
the 5.4l triton is the moneypit. 4.6l was one of fords most reliable engines
@@artisanrs The 4.6 suffers from all of these problems just like the 5.4. I didn't even mention the exhaust manifold gaskets. I've repaired hundreds of them. Maybe you are thinking of the 2 valve Tritons which are phenomenal engines.
These 3 valve motors will go well over a hundred and fifty thousand miles with regular and correct oil changes , their main problem is being owned by teenagers . If teenagers loved four door grocery getters they would have a bad rap also .
@@guynoir4733 And the 2 valve motors will go 250,000 with below average maintenance. I'd just go with a chevy, prior to AFM, or even better a toyota if you are looking at the F150. The later generation trucks with the 3 valve did correct some of the problems, but these engines can be pretty tough to work on. That's why most shops just pull the engine and replace it.
@@devonteforeman I wouldn't count on a quarter of a million miles on any motor without good service .
As the owner of 99-171 and 97-117 before that.. this video is a fair shake to Saleen sales vs. Saleen owners. Thumbs up.
Very interesting video, even for a person from the Netherlands. Well put together.
Thanks for the insight Craig! Hennessey has built a RAM TRX SUV!! Yeah 7 seater! w/ 1000hp. But similar concept, you buy it for 2x retail you can’t ever sell it for what it’s truly worth! 👏🏼👏🏼
I know the feeling of frustrations.
Last swap meet i sold things no longer needed. Everything was sold at a loss half price or near to. Reminds me of Walmart Hoppers they shop the clearance aisle and still want the item for less.
Try a window banner Saleen rare 22 of 100, then the cheap shoppers will see the real value. I had a Nova SS had lot into it, the 08 tousling market crash I finally had to sell it at huge loss,, then the buyer asked what's my bottom dollar, that is
Yeah so rare that no dealer in louisiana even know what it is much less fathom any attempt service or warrant work.
Back when this came out I was obsessed with it.
Word. And now that I make more money I’m thinking about getting one lol
I am a lifetime car guy (67 years young). I have done it all and you just gave me a new education !!. You did not talk about what a customer will probably have to do to insure the Saleen. You can't walk into an Allstate office, because all they look at is the vin. I bet you have to have a custom insurance policy to cover the damn thing, too !
I got a couple of years on you, lol. At State Farm they insured mine as a Mustang GT, no category for Saleen. This was done by vin#. 2002 S281E.
I'm from New Zealand and know what a Saleen mustang is.
Craig, Look into special interest online auctions. I forgot the websites but theres a handful that sell these hard to find cars with plenty of buyers on there, you should be able to get somewhat decent money for it in comparison to your appraisal
The back of car is so awesome!!!!! stands out makes me want to get one
You’re 100% correct
It's all about those Shelby pre-title cars. I had an '08 Shelby CS8.
Another problem with Roush and Saleen cars are if you damage those special hoods and fascias it's a good bet new ones are no longer available
I just love the 5 Jeeps in the background : )
your best option would be to take it to an auction setting like mecum or Barrett-Jackson next time yes you do have to pay the fees but its worth it
My fav is a all white Saleen , those cars are fancy!!
A lot of love and care went into Saleen models. They are very fun... If you want something different, and unique grab one. :D Time only brings more love to special cars like these. They are fun but the people that didnt know that will eventually. :D
One year my local ford dealers had more than 20 of these out front. The only one i liked was a plain white Racecraft version that had waaay less plastic crap bolted on.
The title,is misleading. It should be What I learned about selling high value, rare vehicles. The title implies issues with Salween, they’re great, just a poor,fit,for a roadside dealer.
If you have offers for this vehicle or in the future you find yourself with a similar vehicle, i'd suggest you look into working with an outside financing office specifically vintage/exotic vehicles. Premier Financial Services is one of them but if you look deeper i'm sure you could find more :). Hope this doesn't turn you away from rarer vehicles because if you're patient enough it can be far more lucrative than day to day sales and the clientele you get with these vehicles understands cars and appreciates what you're offering.
معلومات جديدة ... new informations I hear for the first time. Good Job
Local car shows on weekends with a For Sale sign will help some with cars like that
Timing is everything
Had the same problem trading off my 18 Roush. Was 6k upside down n the dealer split the difference so I could get a 20 Gt 350. My 17 gt 350 held its value when I traded for the Roush in 18.
I can understand what you are saying.. i had a 2010 Jeep JKU Rubicon with lots of add on’s. Bumpers, winch, tires /wheels, lift. Etc etc. People thought I was crazy at my asking price, which was very reasonable with all the upgrades. Wound up stripping some the add-ons’ off and just trading in on my next vehicle. If, the right person had come along who knew the value as it sat it would have sold easily, but that didnt happen....
Great content Craig very informative thanks for sharing all the tricks of the trade and I hope someone watches this video and give you a fair cash offer and .. problem solved
How did the original owner get them finance
God that's mad Craig. It's a lovely Saleen. Nice colour but you will get your money back 😉 like you always do. Love your videos Craig. Keep it up mate and have a great 2023.
Much better audio transitions!
My bet flip was a 2004 Tacoma single cab I bout for 200$ from a drug addict had flat tire and no brakes put 500 into for tires and brakes it sold for $4000 a week later my phone was blowing up
Yeah you lucked out lol I need to find me some addicts with toyotas for sale lmao
I love my 1 of 7 Saleen Mustang
In my younger days love sport cars but like trucks
These cars were slow sellers and heavily discounted new, good luck getting a premium for it
Exactly
I was working at a house today in a customer had the same car in the same color with the factory wheels so that brought me here
i am looking at a 2008 roush 427 stage 3 as we speak it is a bargain 12,000 miles and mint
I’d buy this in a heart beat if it was available still❤
The 351 extreme Saleen was the best Saleen made
The 351 Extreme Saleen had problems passing smog in states with strict guidelines like California
that Saleen would have more chance of selling on cars and bids
That car is worth probably even more! I'd hang on to it!
Me too I'd keep it lol
For $20k what a steal
It actually blocks me from responding when I get to many "is this available messages" I assume because Facebook thinks it is spam it blocks me for 24 hours after that I can respond very annoying
Bro in Australia back in 2016 there was a middle 90’s white convertible Saleen mustang for sale at Main North road local auto car sales , it was absolutely insanely gorgeous , white 5 spoke wheels , I went there cos I am a huge fan , the salesman didn’t even knew what Saleen was , next couple days I drive past they re painted the wheels black , I just couldn’t be line my eyes , they had no idea what it was , the repainted the wheels and for them was just an old middle 90’s Mustang but at least we’ve got excuses that we are in Australia not many people knows American car history, but Saleen mustangs is legendary as far as I am concerned
Harder to sell because the VIN shows 08 Mustang and they won’t loan on it as a Saleen. Went through the same thing with a Roush I had. PIA
Yes, that is what he said in the video.
@@mj_aussie_coaster_travels8310 I posted that in the middle of the video. Lol. Right before he mentioned that.
They made more Shelby but they still have a superior driveline and a far better platform to build on.
Awesome video and insight as to how to handle specialty vehicles. A lot of good content and education to be had if people would learn to listen instead of running their keyboards.😂
Same problem with the rtr mustangs
these types of cars need to be sold on enthusiast forums. Sold a c5 heavily modified supercharged 2002 corvette for $36k on a fan forum
HI Craig,
I been watching your videos , you are awesomeness, I am looking forward to
Meeting you someday!!!!
when you have a car like that (rare) only place to sell it is a large car auction Kruse, Barret/Jackson. not as sure about your area but a collector auction is the wat to go.
You would never think it being a Saleen having a problem selling it nice car
Same with trade in. My Roush luck had it I found a Roush dealer who bought it back off me for the appraisal price. They found it a home the next day, very niche market. Definitely not a finance car.
This is a perfect car for Cars & Bids - you should try it with a reserve. Good Luck
I cant believe i just heard someone say, i got to have a saleen for 8months and it was a loss, obviously not a mustang guy
I get it but i love to try different cars and thats one of them
Craig, how long after starting at 23 (believe it was), did you purchase a location for your dealership? or was the location necessary to get your dealer license?