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  2001 Saleen S281 Value?

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Author Topic:   2001 Saleen S281 Value?
GTRocks
Gearhead

Posts: 3750
From: Lusby, MD
Registered: Jun 99

posted 10-27-2004 12:24 PM     Click Here to See the Profile for GTRocks   Click Here to Email GTRocks     Edit/Delete Message   Reply w/Quote
I've come across a Saleen that's really giving me the itch. I've always been a Saleen nut, and this one has just popped out there. I'm not positive about the mileage, but I think it has ~30k on it. S281 SC/intercooled.

I haven't done a lot of research on this model, but I think it's 385 hp?

Anyone have a good site that'll let you get the value of a car like this? KBB, doesn't do Saleens. 2001 Cobra in like condition in private sale says $18k. This guy is asking $19k.

Thoughts/advice? Anyone know of anything in particular to look for in these cars?

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IIGood
Moderator

Posts: 3510
From: Arnold, MD, USA
Registered: Jun 99

posted 10-27-2004 12:56 PM     Click Here to See the Profile for IIGood   Click Here to Email IIGood     Edit/Delete Message   Reply w/Quote
$19K for a S/C Saleen?!?!

Dave, If you don't buy it, I will!! Forget the '05...

I'd say that's a decent deal for that car...given they go for $42K+ new. Three years old, slightly less than average miles...

Ah, here we go. NADA actually has Saleens listed. Interesting. Is it a coupe or 'vert? Low retail on a S281 S/C coupe is $26K.

Don't know of anything in particular to look for on the car...a guy in the local Mustang club up here had a 2000 S/C...it had the stock GT hood on it, and he had a problem with the supercharger upper pulley actually rubbing into the underside of the hood. Saleen eventually hooked him up with their hood, and all was better.

Guess the only other thing to check is if it's a true Saleen...

------------------
Frank S.----MCA Member 40390
'03 Mustang GT coupe
'99 Mustang coupe
'77 Ghia--"II Good"

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GTRocks
Gearhead

Posts: 3750
From: Lusby, MD
Registered: Jun 99

posted 10-27-2004 10:48 PM     Click Here to See the Profile for GTRocks   Click Here to Email GTRocks     Edit/Delete Message   Reply w/Quote
I'm hunting it very hard. Guy took me for a ride in it tonight. Sweet car. Some numb-nuts removed the Saleen numbers off the bumper though. Previous owner to him said he didn't like them. What a dork. It's definitely a Saleen though. Has all the info. He has a guy ahead of me in line though!

He's meeting the guy tomorrow at 8am.

I went to the bank tonight and filled out the loan application. I should have a check in hand tomorrow. Bank looked up the value in NADA and said it listed for $28k. By the way, I had the mileage wrong....8952 miles

I called the guy tonight and offered him $19,750 ($750 above his asking price) to sweeten the pot. I figure that should put some pressure on the other potential buyer cuz that guy might think he's playing hard ball and walk. I hope. I want this car so bad I can taste it. Even at $19,750, I'm stealing it.

He's going to call me at 9:30 tomorrow morning and tell me whether it's mine or not, but he said, "I think this is going to be your car"!!!!!

I'm so psyched, I don't think I'll sleep a wink tonight.

Anyone do a carfax for me?

VIN: 1FAFP42X51F196982

Dave

------------------
'66 Coupe C code
'93 GT 'vert (AOD to T5 swapped)

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GTRocks
Gearhead

Posts: 3750
From: Lusby, MD
Registered: Jun 99

posted 10-27-2004 10:53 PM     Click Here to See the Profile for GTRocks   Click Here to Email GTRocks     Edit/Delete Message   Reply w/Quote
Here's a pic of one just like it (same color even):

http://www.fiveomotorsport.com/J_Engel0559.jpg

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IIGood
Moderator

Posts: 3510
From: Arnold, MD, USA
Registered: Jun 99

posted 10-28-2004 12:22 AM     Click Here to See the Profile for IIGood   Click Here to Email IIGood     Edit/Delete Message   Reply w/Quote
Rock on Dave! Good luck man...

Dang, $19K for a Saleen... *drool*

------------------
Frank S.----MCA Member 40390
'03 Mustang GT coupe
'99 Mustang coupe
'77 Ghia--"II Good"

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GTRocks
Gearhead

Posts: 3750
From: Lusby, MD
Registered: Jun 99

posted 10-28-2004 08:42 PM     Click Here to See the Profile for GTRocks   Click Here to Email GTRocks     Edit/Delete Message   Reply w/Quote
In my driveway baby!!!

I keep looking out the window to see if this is all a dream!!

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hwyman3
Gearhead

Posts: 698
From: Southern Maryland, USA
Registered: Jul 2004

posted 10-28-2004 09:44 PM     Click Here to See the Profile for hwyman3   Click Here to Email hwyman3     Edit/Delete Message   Reply w/Quote
Dave,

Sweet car! You'll hae to bring it to Bert's on Saturday! Congratulations!

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IIGood
Moderator

Posts: 3510
From: Arnold, MD, USA
Registered: Jun 99

posted 10-28-2004 10:03 PM     Click Here to See the Profile for IIGood   Click Here to Email IIGood     Edit/Delete Message   Reply w/Quote
Congrats Dave!!! Man...black Saleen...wow. Does your's have the stock GT hood, or did it get the Saleen hood (I'd think it'd have the Saleen hood if it were boosted...)?

What's Sandy think of it?

------------------
Frank S.----MCA Member 40390
'03 Mustang GT coupe
'99 Mustang coupe
'77 Ghia--"II Good"

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GTRocks
Gearhead

Posts: 3750
From: Lusby, MD
Registered: Jun 99

posted 10-29-2004 05:56 PM     Click Here to See the Profile for GTRocks   Click Here to Email GTRocks     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by hwyman3:
Dave,

Sweet car! You'll hae to bring it to Bert's on Saturday! Congratulations!


You betcha!!

quote:
Originally posted by IIGood:
Congrats Dave!!! Man...black Saleen...wow. Does your's have the stock GT hood, or did it get the Saleen hood (I'd think it'd have the Saleen hood if it were boosted...)?
What's Sandy think of it?

It's actually a really dark blue. I'm not sure about the hood. I'm still new at all this Saleen stuff. It is one awesome car though. I have lots to learn, but I'll enjoy every minute of it! Sandy spent today in it. I asked her what she thought of it and she just said, "David, please! It's awesome.".

To be truthful on this story it was her that pushed me to up my offer on this car. I might have been to shortsited to think about doing that. She said I'd been looking at them and drooling on them for years at shows and this was my shot. It was a steal and I'd be a fool and kicking myself for years to come if I didn't fight for it. Does she know me or what?!?!

Man, what a woman!

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YellerStang
Journeyman

Posts: 2
From: Ontario Canada
Registered: Jul 2004

posted 01-23-2005 03:37 PM     Click Here to See the Profile for YellerStang     Edit/Delete Message   Reply w/Quote
OHH you so suck!!!

Finding a Saleen in Mint condition is one thing but to get it as a steal like that!!!

Anyway congrats on the Saleen. I am too looking at finding one.(99-04 yellow S281SC or S281-E would be better)

I have now a 94 GT And i was thinking about getting a 05 Saleen But if a 99-04 comes up i think i may say with the SN95 body it looks better in my thoughts (as a saleen)

And then look into a 05-06 Steeda Stage 2-3

Ps it alos was my wife that helped me find my Yellow 94GT and is pushing me to find a Saleen, and loves the looks of the 05 Steeda

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66fstbck
Gearhead

Posts: 286
From: Worthington, Pa. USA 16262
Registered: Feb 2000

posted 01-24-2005 10:16 AM     Click Here to See the Profile for 66fstbck     Edit/Delete Message   Reply w/Quote
Congrats Dave, Sure is one sweet looking ride !!!

------------------
Alan
66 Fastback
99 GT Convertible

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GTRocks
Gearhead

Posts: 3750
From: Lusby, MD
Registered: Jun 99

posted 01-27-2005 10:15 PM     Click Here to See the Profile for GTRocks   Click Here to Email GTRocks     Edit/Delete Message   Reply w/Quote
Thanks guys! I'm still lovin' it!

And welcome to M&M YellerStang!

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