I'd pass for that price and 61K miles. Even if it is an SVT and convertable model.

Without knowing what equipment is on this Stang, using the defaults through KBB, this same car is listed at $24,900 retail and that's in excellent condition. Now NADA has the retail for this Stang listed as $22,650 in excellent condition.

These prices are just a ball park figure, but with gas prices as they are today, I think you may be able to get a lower price due to the gas guzzling V8 nature of the car. Also with bald tires the price should be lower not higher.

If I were you, I'd print out the info from both NADA & KBB and take to the dealer for negotiation. Personally, I'd offer them $23K and only if it included new Z rated rubber on all four corners. Start your bidding low and work up.

Is this the 10th Anniversary Edition by chance? If so, NADA has the price listed as $23,400.

EDIT: Oh and if it's been on their lot for a year now, they've been losing money on it. So just another negotiating point for you.

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2006 Ford F150 Screw XLT 4X4
5.4L / 330CID, 4-spd Auto Trans
Chrome & Trailer Tow Pkg