Need help deciding on buying 2005 Mustang?

I'm 16 going on 17, and i would like to buy a used '05 Mustang, it cost roughly 8,000 and has around 120,000 miles on it. I plan on taking a look at it making sure eaverything works properly, and the description says it does. Is the mileage reasonable? Should I buy it?

I am interested in buying a new 2015 scion fr-s, but it is my first car so I m a rookie at the whole negotiating concept.

Dealership: $27,165
MSRP: $26,770
KBB: $26,542 - $27,109.

How much do you think I could get away with? I know their in need of a sale after these few snow storms in MA.

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<p class="Mb-21">If you believe your intellectual property has been infringed and would like to file a complaint, please see our <a target="_blank" href="http://redirect.viglink.com?key=11fe087258b6fc0532a5ccfc924805c0&u=http%3A%2F%2Finfo.yahoo.com%2Fcopyright%2Fus%2Fdetails.html%3Fpir%3Dwoxj.j1ibUnULFEIY6nyJQLxD.PLEphTPFivskb06cCK3lggdCqKTxtZqQ">Copyright/IP Policy</a></p> <p><span role="button" tabindex="0" class="Cur-p Ol-n D-ib Px-13 Py-6 btn-primary">Report Abuse</span></p> <p><span role="button" tabindex="0" class="Cur-p Ol-n D-ib Px-13 Py-6 btn-default">Cancel</span></p> </div><div id="raadiv"> <h2 class="Mb-20 Fz-18 Fw-300">Report Abuse</h2> <h3 class="Mb-10 Mt-21 Fw-400" id="usertexta">Additional Details</h3> <textarea aria-labelledby="usertexta" id="raata" rows="3" class="W-100 M-0 P-0 Maw-605 Bdx-1 Bdrs-0"/><p class="Mb-21">If you believe your intellectual property has been infringed and would like to file a complaint, please see our <a target="_blank" href="http://redirect.viglink.com?key=11fe087258b6fc0532a5ccfc924805c0&u=http%3A%2F%2Finfo.yahoo.com%2Fcopyright%2Fus%2Fdetails.html%3Fpir%3Dwoxj.j1ibUnULFEIY6nyJQLxD.PLEphTPFivskb06cCK3lggdCqKTxtZqQ">Copyright/IP Policy</a></p> <p><span role="button" tabindex="0" class="Cur-p Ol-n D-ib Px-13 Py-6 btn-primary">Report Abuse</span></p> <p><span role="button" tabindex="0" class="Cur-p Ol-n D-ib Px-13 Py-6 btn-default">Cancel</span></p> </div><div id="racdiv"> <h2 class="Mb-20 Fz-18 Fw-300">Report Abuse</h2> <h3 class="Mb-10 Mt-21 Fw-400" id="usertextc">Additional Details</h3> <textarea aria-labelledby="usertextc" id="racta" rows="3" class="W-100 M-0 P-0 Maw-550 Bdx-1 Bdrs-0"/><p class="Mb-21">If you believe your intellectual property has been infringed and would like to file a complaint, please see our <a target="_blank" href="http://redirect.viglink.com?key=11fe087258b6fc0532a5ccfc924805c0&u=http%3A%2F%2Finfo.yahoo.com%2Fcopyright%2Fus%2Fdetails.html%3Fpir%3Dwoxj.j1ibUnULFEIY6nyJQLxD.PLEphTPFivskb06cCK3lggdCqKTxtZqQ">Copyright/IP Policy</a></p> <p><span role="button" tabindex="0" class="Cur-p Ol-n D-ib Px-13 Py-6 btn-primary">Report Abuse</span></p> <p><span role="button" tabindex="0" class="Cur-p Ol-n D-ib Px-13 Py-6 btn-default">Cancel</span></p> </div><img src="http://pixel.quantserve.com/pixel/p-89EKCgBk8MZdE.gif" border="0" height="1" width="1" /></div> </td> </tr> <tr> <td style="margin-bottom:0;line-height:1.4em;"> <p style="margin:1em 0 3px 0;"> <a name="4" style="font-family:Arial, Helvetica, sans-serif;font-size:18px;" href="https://answers.yahoo.com/question/index?qid=20150330190945AAFIlUw">Question: How much will buying a car cost all together?</a> </p> <p style="font-size:13px;color:#555;margin:9px 0 3px 0;font-family:Georgia,Helvetica,Arial,Sans-Serif;line-height:140%;font-size:13px;"> <span>Posted:</span> 30 Mar 2015 07:09 PM PDT</p> <div style="margin:0;font-family:Georgia,Helvetica,Arial,Sans-Serif;line-height:140%;font-size:13px;color:#000000;"><div id="">I know you can't give me an exact answer, but an estimate would be nice.<p>If I pay for a car in cash, $5k-$6k, what will i be looking at in fees and taxes? I think I know what taxes will be, from what I can remember taxes will be around 100 dollars. Does that sounds right to you? I got that number when I was looking into taxes when someone gives a car to someone else..taxes were based off the year of the car.</p></div><img src="http://pixel.quantserve.com/pixel/p-89EKCgBk8MZdE.gif" border="0" height="1" width="1" /></div> </td> </tr> <tr> <td style="margin-bottom:0;line-height:1.4em;"> <p style="margin:1em 0 3px 0;"> <a name="5" style="font-family:Arial, Helvetica, sans-serif;font-size:18px;" href="https://answers.yahoo.com/question/index?qid=20150330190449AA6Tcuf">Question: Which of these car brands is best for reliability, Honda, Nissan, Subaru, or Toyota?</a> </p> <p style="font-size:13px;color:#555;margin:9px 0 3px 0;font-family:Georgia,Helvetica,Arial,Sans-Serif;line-height:140%;font-size:13px;"> <span>Posted:</span> 30 Mar 2015 07:04 PM PDT</p> <div style="margin:0;font-family:Georgia,Helvetica,Arial,Sans-Serif;line-height:140%;font-size:13px;color:#000000;"><div id="">I have to go with Honda i had a Honda car and guess how long it lasted. (17 yrs and still works. The mileage is also really high) I've done some research and most people point to Honda.<p>I did say that but in my opinion the best cars are Toyota. They keep innovating and come up with unique features. I'd considered them the head of car innovation. Im not sure if you know, but the only reason Ford has a hybrid system is because Toyota sold their old one. (Ford cant make their own :P)</p><p>Hope i helped</p></div><img src="http://pixel.quantserve.com/pixel/p-89EKCgBk8MZdE.gif" border="0" height="1" width="1" /></div> </td> </tr> <tr> <td style="margin-bottom:0;line-height:1.4em;"> <p style="margin:1em 0 3px 0;"> <a name="6" style="font-family:Arial, Helvetica, sans-serif;font-size:18px;" href="https://answers.yahoo.com/question/index?qid=20150330174015AAS78mL">Question: I want to trade in but i still owe money on my loan.?</a> </p> <p style="font-size:13px;color:#555;margin:9px 0 3px 0;font-family:Georgia,Helvetica,Arial,Sans-Serif;line-height:140%;font-size:13px;"> <span>Posted:</span> 30 Mar 2015 05:40 PM PDT</p> <div style="margin:0;font-family:Georgia,Helvetica,Arial,Sans-Serif;line-height:140%;font-size:13px;color:#000000;"><div id="">Like "Never" said, your issue would only get MUCH worse if you traded. With the stroke of a pen, you'd go from being $7K upside-down to being well over $10K.<p>Journeys, unfortunately, have terrible resale value. If you have $7K lying around and want to use it to get out of the vehicle, great. If not, double-up on payments for awhile and see if you're caught up on the value in 2-3 year's time.</p><p>There is never an easy way to "erase" negative equity, and no lender on the planet is going to carry over $7K in negative equity to a new loan. That practice ended with the "credit crunch" 7-8 years ago.</p></div><img src="http://pixel.quantserve.com/pixel/p-89EKCgBk8MZdE.gif" border="0" height="1" width="1" /></div> </td> </tr> </table> <table style="border-top:1px solid #999;padding-top:4px;margin-top:1.5em;width:100%" id="footer"> <tr> <td style="text-align:left;font-family:Helvetica,Arial,Sans-Serif;font-size:11px;margin:0 6px 1.2em 0;color:#333;">You are subscribed to email updates from <a href="https://answers.yahoo.com/dir/index?link=list&amp;sid=396545312&amp;tab=recent">Cars & Transportation: Buying & Selling</a> <br />To stop receiving these emails, you may <a href="https://feedburner.google.com/fb/a/mailunsubscribe?k=76t7Ax45rR4n_8w7t3fYaT0U7Us">unsubscribe now</a>.</td> <td style="font-family:Helvetica,Arial,Sans-Serif;font-size:11px;margin:0 6px 1.2em 0;color:#333;text-align:right;vertical-align:top">Email delivery powered by Google</td> </tr> <tr> <td colspan="2" style="text-align:left;font-family:Helvetica,Arial,Sans-Serif;font-size:11px;margin:0 6px 1.2em 0;color:#333;">Google Inc., 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States</td> </tr> </table> </div> </div> <div class='post-footer'> <div class='post-footer-line post-footer-line-1'> <span class='reaction-buttons'> </span> <span class='star-ratings'> </span> </div> <div class='post-footer-line post-footer-line-2'> <div class='post-share-buttons goog-inline-block'> <a class='goog-inline-block share-button sb-email' href='https://www.blogger.com/share-post.g?blogID=8767538621307230941&postID=8037789793049063449&target=email' target='_blank' title='Email This'> <span class='share-button-link-text'> Email This </span> </a> <a class='goog-inline-block share-button sb-blog' href='https://www.blogger.com/share-post.g?blogID=8767538621307230941&postID=8037789793049063449&target=blog' onclick='window.open(this.href, "_blank", "height=270,width=475"); 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