Hmmm, which car to get...

zilx · April 7th, 2008, 10:40 AM

OK guys, I'm kind of stuck here.

I can go one of three routes right now.

1) Buy a older (94-98) Mustang Gt from a buy/pay here lot, and pay almost $1000 more than its worth, and it will have high(er) milage

2)Buy a cheap $1500 or less four banger to use until I get more money

3) Pick up a newer V6 that doesn't run like a POS, then when the time comes save some more money, and do a trade in for a GT. This will give me a decent ride until then, but will chew more gas. Downside is it may take longer to get a GT.

I really want a Cobra or a 99-04 GT, but I get turned down at the moment for any Financing due to lack of credit history when it comes to cars in that price range. I figure I can wait out the credit issue with options 2 and 3 and build credit so I can go for a GT or cobra.

What do you guys think?

Also, the reason for not sticking with my current V6, one its an automatic, and two its starting to have more problems then Im willing to spend money to fix. If Im going to dump all this money into this V6, I would rather get a whole different car thats a 5spd.

TheUNZippee! · April 7th, 2008, 10:42 AM

Why not be patient, and save more until you can get the Cobra?

Onemanzu · April 7th, 2008, 10:46 AM

Originally Posted by TheUNZippee!

Why not be patient, and save more until you can get the Cobra?

or, get a job and a credit card, pay for small things like gas and shit on the card every month and pay it off right away... that way you can build credit immediately

TheUNZippee! · April 7th, 2008, 10:49 AM

Also a good idea^

zilx · April 7th, 2008, 10:56 AM

Originally Posted by Onemanzu

or, get a job and a credit card, pay for small things like gas and shit on the card every month and pay it off right away... that way you can build credit immediately

Been doing that, but I still get returns of lack of credit history.

Ive had the CC for about seven months now. Im guessing that in the next few months it will start showing on my score. But still, my 6er is about to kill over, so I need to decide what to do for a ride

Onemanzu · April 7th, 2008, 10:58 AM

well, when/if it does, you will be out a lot of money, sell your car now and see what you can do between now, and when you get a better car... i think that its not fair your not being approved for a 3-10k loan... my friend at the age of 16 took out her own loan... with the help of parental units...

go talk with your bank about a car loan they should try and work with you... or have you already done this

GreenFaleen · April 7th, 2008, 11:09 AM

how old are you? I just turned 20 and it is hard for me to get approved anywhere just cause they say I havent had credit long enough to have a score and I have had credit since I was 16

zilx · April 7th, 2008, 11:11 AM

Originally Posted by Onemanzu

well, when/if it does, you will be out a lot of money, sell your car now and see what you can do between now, and when you get a better car... i think that its not fair your not being approved for a 3-10k loan... my friend at the age of 16 took out her own loan... with the help of parental units...

go talk with your bank about a car loan they should try and work with you... or have you already done this

There are a lack of cars around here, so every thing I'm looking at is over $10k. Its very hard to find a GT that is a stick.

Also, the bank will only work if its a newer car, which means more money of course. And payments that will be hard to afford along with the sky high insurance of a 19yo

Onemanzu · April 7th, 2008, 11:13 AM

are you in college?

see if your college has a credit union you can join and get a 3-7k loan from

zilx · April 7th, 2008, 11:20 AM

Nope, I dropped college (not much of a school person, if it doesn't interest me I cant focus on it. Damn ADHD) in favor of working for a IT/Helpdesk.

Till · April 7th, 2008, 11:21 AM

dude im 19 and can get a loan for 10k..... I have some cd's though...

GreenFaleen · April 7th, 2008, 11:34 AM

Originally Posted by zilx

There are a lack of cars around here, so every thing I'm looking at is over $10k. Its very hard to find a GT that is a stick.

Also, the bank will only work if its a newer car, which means more money of course. And payments that will be hard to afford along with the sky high insurance of a 19yo

Dude drive up to the hickory Lenoir Boone area mustangs are everywhere and cheap

zilx · April 7th, 2008, 11:44 AM

Yeah, Ive got no CD's. Got a late jump into my finances which really sucks now

Also, parents have shatastic credit, so they are not much help.

And GreenFaleen, you made my wallet cry with that comment. Soo far away!

I may need to drive up there and look one day here soon though. If you spot anything nice for under about 9k or so, shoot me a PM or something

GreenFaleen · April 7th, 2008, 11:51 AM

its like an hour away lol

Top Quality Used Cars - About Us

contact them thats my uncles lot tell him what you want and your price range he can help you out. He does on the lot financing too so he can get you approved

nes · April 7th, 2008, 01:41 PM

ive bought my last 3 cars at buy here/pay heres... none have had any abnormally high mileage and ofcourse i did spend a little bit more, but i didnt mind, they worked with me really well... i say go that route, you gotta pay to play, to some it may not sound ideal, but u can get in a car you like right now and upgrade later, or u can get in a car you hate and upgrade later... u decide lol. i understand patiences is a virtue, however im the most impatient person, and really money isnt everything(cant take it with you, might as well spend it) and rainy days only happen when you let them...

zilx · April 7th, 2008, 02:20 PM

Yeah, I dont mind the buy here pay here, but the ones near me all want $500-600/mo payments, which is a stretch for me if Im paying $300/mo in flipping insurance. And Im the same way, no patience at all

I would rather be enjoying my ride then having lots of spare cash.

And Green, I will take a look this week. Good thing is I'm off 100% thurs and friday, so yay spare time

G.T. Rags · April 7th, 2008, 02:32 PM

Originally Posted by TheUNZippee!

Why not be patient, and save more until you can get the Cobra?

sometimes u can't fight the itch

MustangMo · April 7th, 2008, 02:32 PM

I would look for a v6, cause u can get one for fairly cheap, n still in great condition!

GreenFaleen · April 7th, 2008, 02:42 PM

Originally Posted by zilx

Yeah, I dont mind the buy here pay here, but the ones near me all want $500-600/mo payments, which is a stretch for me if Im paying $300/mo in flipping insurance. And Im the same way, no patience at all I would rather be enjoying my ride then having lots of spare cash.

And Green, I will take a look this week. Good thing is I'm off 100% thurs and friday, so yay spare time

well if you just call him, he can find you the car, and he will deliver or meet you half way if need be.

zilx · April 7th, 2008, 03:14 PM

Originally Posted by GreenFaleen

well if you just call him, he can find you the car, and he will deliver or meet you half way if need be.

What is the latest I can call? Cause I normally get home from work at freaking 6pm

I can try calling on lunch tomorrow, but my schedule is very shifty right now. I keep getting surprise training getting me ready for this weekend

April 7th, 2008, 10:40 AM	#1
zilx Newbie 1997 Mustang V6 Join Date: Mar 2008 Location: Concord, NC Posts: 14 iTrader: 0 reviews	Hmmm, which car to get... OK guys, I'm kind of stuck here. I can go one of three routes right now. 1) Buy a older (94-98) Mustang Gt from a buy/pay here lot, and pay almost $1000 more than its worth, and it will have high(er) milage 2)Buy a cheap $1500 or less four banger to use until I get more money 3) Pick up a newer V6 that doesn't run like a POS, then when the time comes save some more money, and do a trade in for a GT. This will give me a decent ride until then, but will chew more gas. Downside is it may take longer to get a GT. I really want a Cobra or a 99-04 GT, but I get turned down at the moment for any Financing due to lack of credit history when it comes to cars in that price range. I figure I can wait out the credit issue with options 2 and 3 and build credit so I can go for a GT or cobra. What do you guys think? Also, the reason for not sticking with my current V6, one its an automatic, and two its starting to have more problems then Im willing to spend money to fix. If Im going to dump all this money into this V6, I would rather get a whole different car thats a 5spd.

April 7th, 2008, 10:58 AM	#6
Onemanzu ¡ʇsnq ɹo uʍop ǝpısdn Join Date: Oct 2006 Location: Looking for free hand jobs in poland springs nebraska... silly gooses Posts: 12,550 Blog Entries: 1 iTrader: 0 reviews	well, when/if it does, you will be out a lot of money, sell your car now and see what you can do between now, and when you get a better car... i think that its not fair your not being approved for a 3-10k loan... my friend at the age of 16 took out her own loan... with the help of parental units... go talk with your bank about a car loan they should try and work with you... or have you already done this __________________ My Foz

April 7th, 2008, 11:09 AM	#7
GreenFaleen MM's Resident Ricer 2006 Scion tC 13.001@113 Join Date: Nov 2006 Location: Raleigh/Lenoir, NC Posts: 9,880 Blog Entries: 2 iTrader: 1 reviews	how old are you? I just turned 20 and it is hard for me to get approved anywhere just cause they say I havent had credit long enough to have a score and I have had credit since I was 16 __________________ Scion Tc Turbo - 9psi 297whp 287wtq 2500lbs :p MM 4 Banger club: Senior Ricer NCMM #9 "Horsepower sells cars, torque wins races." -Carroll Shelby

April 7th, 2008, 11:13 AM	#9
Onemanzu ¡ʇsnq ɹo uʍop ǝpısdn Join Date: Oct 2006 Location: Looking for free hand jobs in poland springs nebraska... silly gooses Posts: 12,550 Blog Entries: 1 iTrader: 0 reviews	are you in college? see if your college has a credit union you can join and get a 3-7k loan from __________________ My Foz

April 7th, 2008, 11:51 AM	#14
GreenFaleen MM's Resident Ricer 2006 Scion tC 13.001@113 Join Date: Nov 2006 Location: Raleigh/Lenoir, NC Posts: 9,880 Blog Entries: 2 iTrader: 1 reviews	its like an hour away lol Top Quality Used Cars - About Us contact them thats my uncles lot tell him what you want and your price range he can help you out. He does on the lot financing too so he can get you approved __________________ Scion Tc Turbo - 9psi 297whp 287wtq 2500lbs :p MM 4 Banger club: Senior Ricer NCMM #9 "Horsepower sells cars, torque wins races." -Carroll Shelby

April 7th, 2008, 11:20 AM	#10
zilx Newbie 1997 Mustang V6 Join Date: Mar 2008 Location: Concord, NC Posts: 14 iTrader: 0 reviews	Nope, I dropped college (not much of a school person, if it doesn't interest me I cant focus on it. Damn ADHD) in favor of working for a IT/Helpdesk.

April 7th, 2008, 11:44 AM	#13
zilx Newbie 1997 Mustang V6 Join Date: Mar 2008 Location: Concord, NC Posts: 14 iTrader: 0 reviews	Yeah, Ive got no CD's. Got a late jump into my finances which really sucks now Also, parents have shatastic credit, so they are not much help. And GreenFaleen, you made my wallet cry with that comment. Soo far away! I may need to drive up there and look one day here soon though. If you spot anything nice for under about 9k or so, shoot me a PM or something

April 7th, 2008, 01:41 PM	#15
nes Enthusiast Join Date: May 2007 Posts: 962 iTrader: 0 reviews	ive bought my last 3 cars at buy here/pay heres... none have had any abnormally high mileage and ofcourse i did spend a little bit more, but i didnt mind, they worked with me really well... i say go that route, you gotta pay to play, to some it may not sound ideal, but u can get in a car you like right now and upgrade later, or u can get in a car you hate and upgrade later... u decide lol. i understand patiences is a virtue, however im the most impatient person, and really money isnt everything(cant take it with you, might as well spend it) and rainy days only happen when you let them... __________________ silver 98gt, blown- sold laser red 98gt, stock- gave away stormy blue 09 mazda3-traded 09 subaru wrx- soon to be 12 sec. daily driver 1988 gt- toy

April 7th, 2008, 02:20 PM	#16
zilx Newbie 1997 Mustang V6 Join Date: Mar 2008 Location: Concord, NC Posts: 14 iTrader: 0 reviews	Yeah, I dont mind the buy here pay here, but the ones near me all want $500-600/mo payments, which is a stretch for me if Im paying $300/mo in flipping insurance. And Im the same way, no patience at all I would rather be enjoying my ride then having lots of spare cash. And Green, I will take a look this week. Good thing is I'm off 100% thurs and friday, so yay spare time

April 7th, 2008, 02:32 PM	#18
MustangMo Enthusiast 1993 1.8 Acura Integra Ls Slow Join Date: Sep 2006 Location: Madison, VA Posts: 740 iTrader: 0 reviews	I would look for a v6, cause u can get one for fairly cheap, n still in great condition! __________________ {Burn Rubber Not Your Soul}

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