mdjay
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StangDreamin' said:First; ask yourself these questions:
Is this company car "permanently" yours?
What are the company's policies on use other than company business???
If somebody t-bones you as you're taking the kids to work, are they covered under the insurance? Yes, your car's insurance!
You'd be surprised how many times the other guy's insurance will balk, and who's stuck with the hospital bills?
What's the company's policy on taking the car to the grocery store? The ball game? The local Pub?
If you can live with the answers to these simple questions; then by all means, dump the cash into the '67! You don't need another car payment and the late-model will be all that and soon-to-come mechanical repair bills. Like Worth said, the '67 will be much less expensive to repair. Also, you won't be tempted to make another "project" out of the late model - like I heard somebody admit to doing with their "new" DD on another thread!
If you can't force yourself to live with the answers to these questions; well, I guess it's time to see how low you can haggle those payments on the late-model.
SD brings up some very good points here. However even with the work truck just being used to and from work, it takes a very important load off. Sink it into the 67.
I have to agree with Worth on the dependability issue. These cars are pretty dependable. Especially if it's completely restored from the get go. If not, it can nickle and dime you from time to time but it generally is cheap to maintain. The 95 on the other hand will tend to be a bigger strain to maintain.
If it comes down to needing a dependable daily driver and you don't get your work truck, I suggest putting the money down on a cheap gas, dependable, brand new car with a warranty! The 95 will just be another money pit and the 67 project can wait.