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  • 1996 - 2004 SN95 Mustang -General/Talk-

New Owner

  • Thread starter Thread starter HaZeX
  • Start date Start date Mar 20, 2007
H

HaZeX

New Member
Mar 16, 2007
0
0
0
Mar 20, 2007
#1
  • Mar 20, 2007
  • #1
New owner of a 2007 Ford Mustang GT, Tungston Grey, Manual..leasing for 39 months, 2 grand down, and $392 a month..sounds pretty good..
 

mustang90

Founding Member
Feb 8, 2001
1,209
15
58
Mar 20, 2007
#2
  • Mar 20, 2007
  • #2
Ouch! You could have bought the car for that on a 72 month finance. Enjoy the new car. Let the modding begin!
 

CobraRed_96_GT

Active Member
May 20, 2006
1,421
4
39
UCSD/La Jolla
Mar 20, 2007
#3
  • Mar 20, 2007
  • #3
this site has a S-197 forum just for your style mustang if you wanna check that out too
 
S

spitfirees20

New Member
Nov 17, 2006
38
0
0
Mar 20, 2007
#4
  • Mar 20, 2007
  • #4
mustang90 said:
Ouch! You could have bought the car for that on a 72 month finance. Enjoy the new car. Let the modding begin!
Click to expand...

Or no modding, because it's a lease.
 

merc123

Active Member
Jan 27, 2003
420
2
39
North GA
Mar 20, 2007
#5
  • Mar 20, 2007
  • #5
Yeap...no modding on a lease. Even if you think you're going to buy it when the lease is up....good luck...
 

myponyrocks

I have more billet on the Stang than most women ha
Apr 18, 2004
1,219
0
37
Mar 20, 2007
#6
  • Mar 20, 2007
  • #6
wow you got financially raped unless it's a vert that's pretty much what your payments would have been if you bought it.
 
K

Kilgore Trout

Fried or Broiled ?
10 Year Member
Mar 30, 2005
4,749
95
134
Mar 20, 2007
#7
  • Mar 20, 2007
  • #7
Best not to post the financial details of any car transaction... People will always criticize the numbers...

Enjoy your new Mustang man!
 

RED2001GT

20+ Year Stangneter
Mar 18, 2003
270
2
18
Mar 21, 2007
#8
  • Mar 21, 2007
  • #8
myponyrocks said:
wow you got financially raped unless it's a vert that's pretty much what your payments would have been if you bought it.
Click to expand...

That's what was also going thru my mind when I read what he is paying for his 07 Mustang. He did get raped.
 

RED2001GT

20+ Year Stangneter
Mar 18, 2003
270
2
18
Mar 21, 2007
#9
  • Mar 21, 2007
  • #9
Kilgore Trout said:
Best not to post the financial details of any car transaction... People will always criticize the numbers...

Enjoy your new Mustang man!
Click to expand...

It's hard not to criticize with the numbers that he gave. He got raped.
 

04DarkShadowGT

Member
Jan 31, 2004
474
0
17
Fort Wayne, IN
Mar 21, 2007
#10
  • Mar 21, 2007
  • #10
mustang90 said:
Ouch! You could have bought the car for that on a 72 month finance. Enjoy the new car. Let the modding begin!
Click to expand...

If you have to finance any car for 72 months you cant afford the car, buy a cheaper one. Gotta love America and its love for debt.

RED2001GT said:
It's hard not to criticize with the numbers that he gave. He got raped.
Click to expand...

As far as a lease goes its not that bad, leases are almost always not good financially. They are designed to get someone in a car they car they normally cant afford.

However if you own a business the entire monthly payment is tax deductable while if you buy you can only deduct standard depreciation.
 

65fastback2+2

New Member
Aug 4, 2003
1,229
0
0
Louisville, KY
Mar 21, 2007
#11
  • Mar 21, 2007
  • #11
thats not bad...i looked at a GT the other day just for the heck of it...60 months with no money down was $620 a month....so a $392 lease isnt too bad...i know its got a balloon payment and all, but if you change cars every 2-3 years...its a very good idea
 
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