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Prestige Ford's Error Selling 2012 BOSS 302 #0001!

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  • Prestige Ford's Error Selling 2012 BOSS 302 #0001!





    How one lucky Mustang enthusiast bought Boss 302 #0001



    Low production numbers are always more desirable when it comes to collector cars. Auctions like Barrett-Jackson are evidence of this, where the first production version of a car can go for two, three or four times what a similar car with a high production number will sell for. For a car like the 2012 Mustang Boss 302, which is certainly destined to be a collector’s item, #0001 could potentially be extremely valuable.

    It would be natural to assume that the first production Boss 302, designated by the number on the strut tower brace in the engine bay, would have already been spoken for by a Ford executive or some celebrity collector. If anything, we’d expect that a dealership would try and sell the car with an outrageous price tag. Those assumptions would be wrong. In fact, Boss 302 #0001 sat in a Texas showroom for sale by a dealer who didn’t even know what they had on their hands. They offered the car for $5,000 over sticker, less than what many dealers are charging for Boss 302s around the country. One lucky man, Shane McGlaun, now owns the car and was kind enough to share the story of how he happened to buy Boss 302 #001.

    MD: When did you decide that you wanted to buy a 2012 Mustang Boss 302?

    SM: I knew the second I heard about the boss 302 I wanted one. I didn’t think I could make the deal though since my 2010 Mustang was only a year old, but I got a good deal on it and a low interest rate and the trade was right at payoff so it all worked out. I always liked the 69-70 mach ones and boss cars, especially in orange so it was a no brainer for me.

    MD: Did you have a 2012 Boss 302 on order?

    SM: I have a 2012 Boss 302 in competition orange with the Recaro seat and torsen diff option on order with Jordan Ford in San Antonio with a build date set for Q4. I am NOT a patient man, and to get a good amount on my trade I needed to turn my 2010 Mustang GT in soon meaning that all of car show season, track season, and autocross season I would be without a mustang. It was killing me. I was on dealer sites every day looking at GT500s and crazy-priced Boss 302s and thinking how I would never make it until Q4 with no Mustang.

    MD: So how did you happen to get Boss 302 #0001?

    SM: I had called this dealer, Prestige Ford in Garland Texas, about a month ago and talked with the salesman that I had bought my wife’s 2010 Ford Edge and my 2010 Mustang GT from. He didn’t know what was going on with the boss allocation for the dealer. He was going to call me back and tell me what he found out and never called back. I assumed that the reason he didn’t call was that they were not getting any Boss cars. I got a call Friday from another person at the dealer to ask me if I had bought an 2011 Mustang GT, and I told her no I wanted a 2012 Boss 302. She then tells me, “oh really we have one here.”

    At first I didn’t think much of it, but then she tells me that it’s the same exact car I had on order. I asked about price, she said $5k over MSRP. I refused and said I wanted it at sticker and she said she would call me back later that day and I didn’t hear back. Again assuming that meant they weren’t interested, I called Saturday and got nowhere. I called back today finally hammered out a deal and had to pay a mark up on the car, but much, much less than that. I paid $1,500 over sticker. I admit after buying two cars from the dealer in the last year I was not happy that they weren’t letting me have the car at sticker. I agreed to buy it anyway, sight unseen, knowing I would never last until Q4 and would end up settling for another Mustang that I really didn’t want if I didn’t take this car.



    MD: When did you actually realize that it was #0001?

    SM: I drove up with my 6-year-old (which was an adventure in itself), and they had the paperwork ready to go. The sales man and I walked outside and he started telling me about the car (which I already knew all about) and then we started to go back in and sign paperwork. I stopped and went back and popped the hood just to see what number the car was. Opened it up and it was #0001. I just stood there for a minute and said, “dude this is the first Boss 302 off the line.” He said yea, just for this color. I was a bit excited at that point with thoughts of ADMs out of my mind and said, “no man this is the first 2012 boss ford built.” He just sort of shook his head and we went in and signed the paper work and I drove off. I really don’t think they had any idea this car was special in any way.

    MD: Are you going to drive the car or try and preserve the value by keeping miles off of it?

    SM: In all honesty I feel bad about using such a special car to drive my kids around and do all the things you do in a daily driver. Not bad enough to park it in a garage and leave it, though! This car will be used, unless some rich dude wants to buy me a new boss 302 just like it and pay of the loan on this one! That’s the only way this car will become a garage queen.

    MD: Would you consider selling #0001 to a collector and buying another Boss 302?

    SM: I would sell it to a collector for a boss just like it and payoff on my current loan I just took out.
    '06 STS-V '86 GN

  • #2
    Sales Manager: FFFFFFFFFFFFUUUUUUUUUUUUUUU

    Comment


    • #3
      i would have that thing posted for sale all over the internet.

      god bless.
      It is easier to build strong children than to repair broken men -Frederick Douglass

      Comment


      • #4
        Originally posted by ELVIS View Post
        i would have that thing posted for sale all over the internet.

        god bless.
        Yep. I'd be trying to get in touch with Leno and others. He could potentially make a killing on it.
        Originally posted by BradM
        But, just like condoms and women's rights, I don't believe in them.
        Originally posted by Leah
        In other news: Brent's meat melts in your mouth.

        Comment


        • #5
          No doubt that would be for sale when I got to the house.

          I would rent a car until it was bought.

          I wonder if he is having problems with his transmission.

          Comment


          • #6
            Originally posted by bcoop View Post
            Yep. I'd be trying to get in touch with Leno and others. He could potentially make a killing on it.
            LOL, it's a 2012 Mustang, not a 60's Ferrari. Nothing overly special, it's just another repackaged modern Stang.

            Comment


            • #7
              Originally posted by Steve View Post
              LOL, it's a 2012 Mustang, not a 60's Ferrari. Nothing overly special, it's just another repackaged modern Stang.
              You fail to realize one thing. The car is worth as much as someone is willing to pay for it. Some Boss nut out there with loads of cash will pony up a pretty penny over what the guy bought it for.

              Comment


              • #8
                Originally posted by Steve View Post
                LOL, it's a 2012 Mustang, not a 60's Ferrari. Nothing overly special, it's just another repackaged modern Stang.
                ...that would bring $100k at the big auctions. It might be silly, but it's been proven time and again.

                That said, I'd keep it and drive it.

                Comment


                • #9
                  Originally posted by Steve View Post
                  LOL, it's a 2012 Mustang, not a 60's Ferrari. Nothing overly special, it's just another repackaged modern Stang.
                  A collector is a collector, no? I agree on the repackaged stang, but this thing is worth a lot to somebody.
                  Originally posted by BradM
                  But, just like condoms and women's rights, I don't believe in them.
                  Originally posted by Leah
                  In other news: Brent's meat melts in your mouth.

                  Comment


                  • #10
                    Originally posted by Denny View Post
                    Sales Manager: FFFFFFFFFFFFUUUUUUUUUUUUUUU
                    This!

                    I bet they blow up his phone trying to get him to sell it back.
                    "It is in truth not for glory, nor riches, nor honours that we are fighting, but for freedom - for that alone, which no honest man gives up but with life itself."

                    Comment


                    • #11
                      Originally posted by Steve View Post
                      LOL, it's a 2012 Mustang, not a 60's Ferrari. Nothing overly special, it's just another repackaged modern Stang.
                      You have no idea.

                      Comment


                      • #12
                        Originally posted by mstng86 View Post
                        You fail to realize one thing. The car is worth as much as someone is willing to pay for it. Some Boss nut out there with loads of cash will pony up a pretty penny over what the guy bought it for.
                        That is true, a car is only willing what someone is worth paying for it. What typically happens with the lastest modern musclecars is that they go for a high sale price before initial release of the car. Afterwards, they don't do so well.

                        This paticular car might sell to some Boss nut for a high dollar price since it's #001, so I will give you that. But the other car numbered 2-10 will be like most other modern repackaged cars, resell once for a higher price, then bottom out and fade away.

                        I'm sure it's a good car and a strong performer. But right now it's the Barrett Jackson/Mechum type auctions(And the factories of course) taking advantage that the Boomers have an expendable income and wanting to relive their younger days of picking up some rare muscle car from the factory like they indirectly did in the 60s. Which is fine, thats the business. It just seems to give quite a few owners some skewed vision of what is legitmately collectable and what is not. Just my opinions.

                        Comment


                        • #13
                          Originally posted by Steve View Post
                          It just seems to give quite a few owners some skewed vision of what is legitmately collectable and what is not. Just my opinions.
                          I guess you don't understand that car 001 of almost any line never make it to the public, let alone a special one like this
                          Slow moving projects
                          1964 C10 350/700r4
                          1992 LX 5.0

                          Comment


                          • #14
                            Originally posted by Superwho View Post
                            I guess you don't understand that car 001 of almost any line never make it to the public, let alone a special one like this
                            Don't take what he says seriously. He just hasn't over analyzed it enough to come to the conclusion all of us have.

                            Comment


                            • #15
                              Originally posted by Superwho View Post
                              I guess you don't understand that car 001 of almost any line never make it to the public, let alone a special one like this
                              If it was the rare widebody BJJStang, he'd understand.

                              Comment

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