I saw a Roush Mustang today in Lowell. This surprised me. For those of you who are not familiar with Roush, they turn regular Fords into high performance Fords. In the case of the Roush Mustang, they take a standard Mustang and add $15,000.00 worth of performance parts to it.
Now, Lowell is pretty much a pickup truck town. While Mustangs are not unusual, they are not that common. But a Roush Mustang is a rarity, even for Grand Rapids. What is of more interest is the money associated with a Roush Mustang.
Roush Mustangs are not stock, they are custom. This means that there is no Blue Book price, which means that financial institutions will only finance the price of the stock Mustang not the Rousch Mustang. So, the owner financed the Roush package on their own. Likewise, if they decide to sell the car, the financial institution will only cover the price of a stock Mustang. Who ever buys the car will have to finance the performance package on their own.
And the same goes for insurance. Most insurance companies will only insure the car for the price of the stock Mustang and not the Roush upgrade unless there is a provision for a special rider. But then again, if someone can afford the price of the Roush upgrade, money is probably no object.
Come to think of it, this was sitting outside of Meijer’s (regional grocery chain) so it may have been someone from Corporate.
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