well yeah i know that but i like the whole fresh start and being the first owner. plus who doesnt love that new car smell!

Me :lol:. All new cars suck, they're all too heavy. Same reason I'm never selling my old 2 stroke jet ski...it weighs several hundred pounds less than even the naturally aspirated newer ski's despite their use of lightweight hulls and such which make them more fragile. Such a purer and better driving experience.

I would not feel comfortable daily driving a nice new vette, sorry, just not worth the headache of parking it with others etc.

yes i know but i love new cars! i want to be the first owner and be able to keep it the way it was when i first got it. and so i don't have to keep driving this around

http://i518.photobucket.com/albums/u...yV911/005a.jpg

That has 20k in it? looks like a stock 5.0 to me.....

We all do, but that gets expensive fast!!!

Not trying to crush dreams but I would go talk to a financial planner. You can use that money to buy an awesome car now but you will take the depreciation hit and the nasty insurance surcharges, or you can bank the cash and use the money to set yourself up for a lifetime of good stuff a little later on.

I understand that everybody wants to drive an awesome car and be balls deep in sluts when they are 18 but you are in a unique position which allows you to secure a good future. So you can have a cool car now or a fleet of them later...

i know its so hard i don't know what to do! ahhh this kills me. cause i reallllllllly love the gt500 i priced mine at 63k but that could be a small chunk on a house

Dude. I am being 100% serious. Go talk to somebody. A little restraint can go a long way.

all kidding aside that would be stupid. you're gonna DD it, in NJ no less, so in 12 months it will be worth 40k, and keep it will dropping from there.

i know but i just got good and bad news.. bad news. no mustangs are being made till november and good news.. found a 2012 all blacked out cobra for 53k. and i just got approved for my vender badge today. means a pay raise for me! i'm so excited you've got no idea

Damn guidos and their mustangs :lol:

my brother has a c6 that he DDs and he loves it, i only drove it once but i am dying to get behind the wheel of it again

yes i kind of wish i went for a corvette but my neighbor called me up. they found a black 2012 5.0. they're doing a dealer swap and i should take the keys monday

Way too much money to be spending on car(s) when you're that young. I would never get overconfident with a job in this economy. I've only ever owned 2 new cars in 28 years of driving. And I didn't keep either one for even a year before trading. You are heading down a slippery slope way too early. The wasted insurance money alone could be a nice start to a house or a 2nd house. Take your time and rethink the Mustang, you'll lose $15K the day you buy it and the next day it will be used!

yes i know lol oh well this will be the last car for a long time

Then why bother asking us for advice? You're gonna do what you want anyway. :)

Seriously, I'm in the same boat as Jeff - been driving for 20 years, and have owned probably 15 cars, and only one of them was brand new off the lot (and it's loooooooooong gone already). Cars are a money pit!!! If you buy a slightly used 2011 with the 5.0 it'll be much cheaper on you, and in this economy, that's a good thing. Buying a brand-new car for 53K is a waste of money, plain and simple. The car will be worth 40K next year, and in the 30's the year after that. You're gonna lose a TON of $$ when ever you decide to sell. Losing $$ is bad - your Foxbody is evidence of that. You're into it for 20K already and it's still not done? And when it's time to sell that one, you'll never recoup the $$ invested on that one either. I lost a few grand on my Monte when I sold it, but I was only into it for less than $15K over the course of 15 years.



**Edit: If you keep the new Stang for 5 years, it'll be worth half of what you paid for it, especially since it'll be daily driven and not as pristine as a low-mileage garage ornament. Your Fox will be worth ~maybe~ 15K (to the right buyer) after it's done. If you've invested $80K into these cars and can only get 40K back at the end, it's a huge waste of $$ - 40K is a lot that you could have invested in a house.**



I'll give ya another example - I bought a used '06 Infiniti G35x back in February. I sold my daily-driver Jeep and the Monte - could have paid the car off in one shot, but it would have left me with little leftover in the bank. And, as a homeowner and father, I decided to keep $$ in the bank in case of an emergency. So, I financed part of it and will have small payments for the next few years, and if I have a major financial windfall (doubtful in this economy!) I'll pay it off sooner.

My point, after this long-winded rant, is that you should maybe listen to us older guys that have already pissed away thousands of $$ on cars to never have it return, and learn from our mistakes. :) If I had all the $$ I dumped into cars and car payments over the years saved up I could have had another 5-10 years of my mortgage paid off.

Now would be a good time to start to look into buying property. It sounds like you have a lot of skills and you work at a trade, so fixing them could be easy for you. If you play your cards right, by the time you are 21 years old, you will look back at that 2012 Mustang and laugh.

If you pull the trigger on a car, dont get the GT500. Get a Boss.

i'm a little upset a few months ago i was going to see if i can get this house in my neighborhood. it sold 150k under value. i wanted to get it fix it up and resell it. i didnt sign anything yet but i have a black 2012 coming in monday. i turned down a red boss mustang cause i didnt like the package it had. but i do like this 2012 cause its all blacked out. and i think i might invest in some land of some sort like you said

1st off to have 20 grand into a Fox body mustang and you still are breaking parts there is something wrong.. Especially on those street tires you have in that picture.. Sell the foxbody and get a new 5.0 then worry about a DD car..


2nd you should have a DD thats not faster then your weekend fun car/drag car!!

You have to think whats more important to you. Having the car you really want as a DD or having the car you really want as a drag car?? If your dream was to have a foxbody then why waste your money on a new 50K car?


On a side note what all you have done to your mustang that could come to 20 grand but yet not be built right? I just built a 383 LS1 motor and spent maybe 5 grand for the forged shortblock, Ported heads, cam , and all the extra **** needed.

I could never sell the foxbody now lol i've got to much in and will lose a lot. also the new 5.0 wasnt to bad. i'm not trying to throw numbers around cause people on facebook are talking **** when they got word of me getting another car. i don't mean to brag or anything. but i made a huge mistake with the fox. my dad wanted me to get another 5.0 short block. i wanted a bigger forged internal one. but i listened to him. that was a few pennys. i had the heads ported and polished, i threw new springs and goodies on it. all new pulleys and extra junk. my supercharger ran me around 5k. i blew the stock trans up within 42 miles without the supercharger on it at the time. and its just been a mess. but i've got a good amount of crap in this mustang and it doesnt show 20k but its there. i made a mistake with buying it but you live and learn.

So what your saying is you made a bad mistake with dumping money into the foxbody so you are just going to dump more money into it?? That doesnt sound like Live and learning to me that sounds like a money pit and before you know it you will have a 45,000 foxbody that runs 11's!!

If I were you I would get a stock 5.0 longblock back into the foxbody and use it as a daily and then get what you really want as a fun car!! something that when you look back on it doesnt seem like it was a big mistake!

I know what you are going through.. My 98 V6 firebird made around 450hp but like a idiot I kept the stock 5 speed and stock rear end in it and they kept breaking. Bought my firebird for 11K , dumped around 12k into it and traded it in on my WS6 for 4,000.. It was fun but when I look back on it I am still paying for it 6 years later. If I had to do it over again I would have just got a LS1 car to start out with.

yes 11s now lol when i'm done i'm shooting for 8-9s lol and i just got back from meeting up with kevin.. facebook war broke out i called them out we met up in a parking lot but now everything is good.. friggin kids these days

LMFAO @ FB war with Kev.

yeah i tore him and his buddies a new one. like ok i get it i'm lucky to have my job and make the money i do for my age but to call me all those names and bust on me and my cars and my family cause of what i have.. like jealously is bad