Up until this past May, the Chevy Camaro had outsold its closest competitors (the Mustang and Challenger) for 11 straight months. However, the 2010 Mustang managed to wrestle away the monthly sales title for May 2010, selling 10,225 units to 8,931 Camaros.
Now we’re not making excuses (full credit given to Ford for such a hot seller last month), but there is a backstory to these numbers. There was a factor which contributed positively to the Mustang’s strong sales numbers – Ford’s incentives to clear out 2010 Mustangs.
Of the Mustangs sold in May 2010, 43% were 2010 models which were being cleared out with incentives of $2,500 off with 0% to 5.9% financing. Also, the 2011 Mustang has $1,500 on the hood for returning lessees, plus financing as low as zero percent for 36 months.
No, this isn’t about sour grapes, but beyond comparing horsepower and performance between the Camaro and the Mustang, Camaro and Mustang fans like to compare sales figures, and this bit of info helps us more accurately interpret the latest sales figures.
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