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  • 2005 - 2014 S-197 Mustang -General/Talk-

Monthly payments on 05 GT????

  • Thread starter Thread starter streetstang03
  • Start date Start date Oct 19, 2004

streetstang03

unModerator
Dec 27, 2003
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1
0
the dark side of the moon/home of the 1999, 2003,
Oct 19, 2004
#1
  • Oct 19, 2004
  • #1
Anyone work at ford as a salesman or have a good estimate what monthly payments will be like for the 05 GT 5-speed?? When they hit the lots here in San Antonio, I am going to test drive one. If it impresses me, I will be trading my GT in for an 05 black 5 speed coupe w/ black leather interior w/ the red seat inserts. I am a college student w/ perfect credit history (credit card bills and 2 apartements on my history). I am going to talk to Ford about that college student program and see what kind of deal that will give me, so if anyone knows a little about that program, chime in . Im using my current GT for the downpayment for the 05 as well. Also, i am an ex-Ford mechanic, so maybe that will still get me a reduced price
 

ShelbyMan

New Member
Oct 9, 2004
128
0
0
Oct 19, 2004
#2
  • Oct 19, 2004
  • #2
Try this calc
http://www.machaikford.com/Finance-Calculator.aspx
 

ShelbyMan

New Member
Oct 9, 2004
128
0
0
Oct 19, 2004
#3
  • Oct 19, 2004
  • #3
Being an ex-Ford mechanic, don't you quailfy for one of the X-type plans? Look at a few threads down to see info on X-Plans

Do you have pricing? IF not ,build your car at edmonds.com
 

streetstang03

unModerator
Dec 27, 2003
0
1
0
the dark side of the moon/home of the 1999, 2003,
Oct 19, 2004
#4
  • Oct 19, 2004
  • #4
ShelbyMan said:
Being an ex-Ford mechanic, don't you quailfy for one of the X-type plans? Look at a few threads down to see info on X-Plans

Do you have pricing? IF not ,build your car at edmonds.com
Click to expand...


i hope it still qualifies me for the xplan LOL. I built one on FOrd.com today and it came to be ~27K w/ the interior upgrade and upgraded wheels. I can live w/o all that, so if i need to, i will aim to make the car ~24ish.
 
O

OSU05stangfan

New Member
Sep 9, 2004
65
0
0
Oct 19, 2004
#5
  • Oct 19, 2004
  • #5
streetstang03 said:
Anyone work at ford as a salesman or have a good estimate what monthly payments will be like for the 05 GT 5-speed?? When they hit the lots here in San Antonio, I am going to test drive one. If it impresses me, I will be trading my GT in for an 05 black 5 speed coupe w/ black leather interior w/ the red seat inserts. I am a college student w/ perfect credit history (credit card bills and 2 apartements on my history). I am going to talk to Ford about that college student program and see what kind of deal that will give me, so if anyone knows a little about that program, chime in . Im using my current GT for the downpayment for the 05 as well. Also, i am an ex-Ford mechanic, so maybe that will still get me a reduced price
Click to expand...

even if you were never late on your credit card or apartment payments, you probably wont have the highest possible beacon score. When buying a car, the credit companies usually look at past financed vehicles or mortgages, and dont care all that much about credit cards.
 

Stang8URMPRT

Active Member
Dec 28, 2003
1,100
1
38
Daytona Beach, FL
Oct 19, 2004
#6
  • Oct 19, 2004
  • #6
He's right... To have "good credit" you need to have a mortgage you've been paying for years and a couple of cars financed previously. You will more then likely need a co-signer. Also, 24K for a GT? They base at 24,995.
 

streetstang03

unModerator
Dec 27, 2003
0
1
0
the dark side of the moon/home of the 1999, 2003,
Oct 19, 2004
#7
  • Oct 19, 2004
  • #7
Stang8URMPRT said:
He's right... To have "good credit" you need to have a mortgage you've been paying for years and a couple of cars financed previously. You will more then likely need a co-signer. Also, 24K for a GT? They base at 24,995.
Click to expand...

ya i meant 25K LOL. I had forgotten the exact price of the base GT. Good thing i had the ~ to cover my ass I will most likely have my parents cosign for the GT
 
G

GM Dude

New Member
Jan 15, 2004
94
0
0
Sanford, MI
Oct 19, 2004
#8
  • Oct 19, 2004
  • #8
Lucky bastage, I can barely get my dad to co-sign a loan for a $5k car.
 

Stang8URMPRT

Active Member
Dec 28, 2003
1,100
1
38
Daytona Beach, FL
Oct 19, 2004
#9
  • Oct 19, 2004
  • #9
GM Dude said:
Lucky bastage, I can barely get my dad to co-sign a loan for a $5k car.
Click to expand...
Yeah, I couldn't even get that. My dad sucks.
 

Mr_dcj2001

Member
Sep 8, 2004
355
0
16
California
Oct 19, 2004
#10
  • Oct 19, 2004
  • #10
GM Dude said:
Lucky bastage, I can barely get my dad to co-sign a loan for a $5k car.
Click to expand...
Word. A co-signer would have helped. I had to trade in my P.O.S. 85 Blazer and pay more than 400 dollars a month when I got my 97 at 18 years old. I should kick my dad in the balls.
 

streetstang03

unModerator
Dec 27, 2003
0
1
0
the dark side of the moon/home of the 1999, 2003,
Oct 19, 2004
#11
  • Oct 19, 2004
  • #11
Ok, heres another question/option:

should i look for used 03 Cobra at a dealership and buy it?? I've heard of some going for ~25K. I wonder if i could get the monthly payments on that at a comparable rate
 

Chad_Diesel

New Member
Oct 18, 2004
36
0
0
Oct 20, 2004
#12
  • Oct 20, 2004
  • #12
The Total on my 05 Mustang was $27,070. The paymant should be around $500 a month, give or take $20. I ordered a Premium GT w/ interior upgrade, 5 speed auto, Wing delete, and the shaker 1000.
 

one2gamble

Founding Member
Feb 27, 2001
902
1
0
Monterey
Oct 20, 2004
#13
  • Oct 20, 2004
  • #13
Stang8URMPRT said:
He's right... To have "good credit" you need to have a mortgage you've been paying for years and a couple of cars financed previously. You will more then likely need a co-signer. Also, 24K for a GT? They base at 24,995.
Click to expand...

my girlfriend just purchased a $20,000 car with zero down at a fixed 5.9% and hasnt ever financed a thing. You can do better than the 5.9% but thats not that high for a used car. Shes also a student so her income isnt very much at all.
 
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