03 Cobra or not?

MotleyCrue · Jun 12, 2004

exactly Modular, i dont understand why people say your upside down here or there, i always figured upside down meant you owe more on the car than its worth.........

Modular2v · Jun 12, 2004

motley (nice name by the way) that is exactly what upside down means!!!!! YOU MUST OWE MORE ON YOUR CAR THAN IT IS WORTH IN ORDER TO BE UPSIDE DOWN!!!!

MachOut · Jun 13, 2004

Modular2v said:
Im not even close to being upside down on my car!!!!!!!!!!!! upside down means you owe more on the car than it is worth!!! My cars blue book is about 18,000$ as of right now..... I only owe the bank 7,675$ as of yesterday....therefore if i were to sell it i would have a little over 10,000$ in equity....that is not even close to being upside down!!!!!!!!!!!! I would have gotten a cobra in the 1st place but this is the 1st car i have ever bought on my own and thought i should go the lower route incase i had trouble making payments....turns out im acutually paying about 200 more a month ontop of my regular payment rate to get the car payed off faster.....so i can afford 200 more in car payments a month without any problem....im going to test drive a dark shadow gray cobra on monday!! Ill let you guys know if i bring it home or not!

You won't get 18k for your car.. No way, no how.. Doesn't matter what KBB says.. You'd be lucky to get 16.. Probably more like 15.. All dealers offer me for my 2003 Mach 1 with 7k miles is 18.5k.. Books at 23k on a dealer trade in..

Modular2v · Jun 13, 2004

i already got a trade in quote it was 17,900

MachOut · Jun 13, 2004

Modular2v said:
i already got a trade in quote it was 17,900

Guess it's different in other parts of the country.. Because you can practically get a new GT for 18k in S.Cal..

And my Mach was quoted at 18k at 3 dealers..

CottonBurnerz · Jun 13, 2004

drop in a blower in your gt and be happy with it

~Stangzorized~ · Jun 13, 2004

If you do decide to get the Cobra, sell me some of your stuff. I live in South OKC. PM me.

Modular2v · Jun 13, 2004

well the deciding moment is coming tomorrow....i have changed my mind a million times. If i get in the cobra, take it out, get on it and cream my pants ill proably just be driving it home lol. Oh by the way im selling my gt to my Dad if i get the cobra

kirkyg · Jun 13, 2004

The problem with this thread is not whether you should do it but first whether this price is good or not. 29k???? They were selling brand new off the lot when the 03's were still sitting there. I wouldn't pay a dollar more than 25k on a used 03 cobra with less than 20k miles. More mileage i would take off more dollars.

kirkyg

neoclasiccl · Jun 13, 2004

kirkyg said:
The problem with this thread is not whether you should do it but first whether this price is good or not. 29k???? They were selling brand new off the lot when the 03's were still sitting there. I wouldn't pay a dollar more than 25k on a used 03 cobra with less than 20k miles. More mileage i would take off more dollars.

kirkyg

ok guys i have to ask a question and be completely honest!!!! I only owe 8,000 more on my 03 gt, is it honestly worth the money for the 03 cobra? keep in mind i will have to do an axel swap!!! I found this cobra for 29k$ with only 37 miles on the ticker and it hasnt been off the lot yet!!

it's a left over and a new car.

Scootr68 · Jun 13, 2004

Local dealer in Akron, Ohio called Montrose Ford has a new 03,never titled Cobra for 27k. The sticker says 34k. I damn near went after it but it was a coupe...I'm a ragtop type of guy. It was pretty sweet though. I'm 35,no tix,no accidents,married,blah blah blah and State Farm wanted $1158/year for the snake. I bought an 03 Centennial Edition GT vert yesterday and my insurance for it is $800/year. Not too shabby if I say

streetstang03 · Jun 13, 2004

have you made a decision yet?????

ps- GET THE COBRA!!!!!!!!!!

Modular2v · Jun 14, 2004

well i just got back from the test drive and i have to have the car.........there is one in dallas that they are shipping up but i think it has some milage on it ( hopefully that will knock the price down some. I really dont want to more than 430$ a month. The pull on that car is absolutely insane. I cant wait to see what exhaust does to it. It is well worth the money

Scootr68 · Jun 14, 2004

Congrats!! Let us know when ya have her in hand...and of course we have to see pics!

Blakers01GT · Jun 14, 2004

Modular2v said:
well i just got back from the test drive and i have to have the car.........there is one in dallas that they are shipping up but i think it has some milage on it ( hopefully that will knock the price down some. I really dont want to more than 430$ a month. The pull on that car is absolutely insane. I cant wait to see what exhaust does to it. It is well worth the money

YEAH! good choice, good luck with then new snake!

neoclasiccl · Jun 14, 2004

Congrats and make sure to post the pics

Stock they pull great but wait until you start modding

Zinc2000GT · Jun 14, 2004

I wouldn't do it. Why not wait for the 06 cobra?

I don't know your monetary situation, but what happens if you lose your job or have to work less hours? Are you still going to be able to pay for school and the car and manage to do well enough in class?

stangboy999 · Jun 14, 2004

I've been thinking about the same thing, trade in my 01'GT for a new Cobra or keep the GT. I've decided to keep the GT. The Cobras are pretty bad ass but there's a pretty big price difference. My car is almost paid off and is worth about $12k on a trade in. Instead of getting a new loan and adding another $20k in debt I decided to drop about $12k into the GT.

I figure $12k in looks and performance mods would make it faster and probably look alot better than a stock 03' Cobra.

neoclasiccl · Jun 14, 2004

Zinc2000GT said:
I wouldn't do it. Why not wait for the 06 cobra?

I don't know your monetary situation, but what happens if you lose your job or have to work less hours? Are you still going to be able to pay for school and the car and manage to do well enough in class?

It's supposidly going to be made for 07 now.

kirkyg · Jun 14, 2004

When does the Kenne Bell go on?

kirkyg

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