At around 10, I was heading to my girlfriend's house to drop her off after getting her from work. We were making a u-turn to get on a frontage road from the highway, and it had rained all day today - this being my second day driving my Mustang in the rain after buying it. Rear end slipped out a bit in first, so I shifted into second. At around 2300 rpms, it went out completely. The car kicked out one way, and I went to countersteer, but it kicked out the other way, going sideways around the bend. I steered it to straighten her out, and got it straight, but it was all locked up, and I was along for the ride. The slide slammed her into the side of the road, onto a curb, and slid a good 3-4 yards. Long story short, I called a tow truck, got myself a great $151 ticket for careless driving (understandable), and my rear end is definitely done, and I need a bit of body work where the rocker panel got ripped off the side... Not a happy night at all for me, after not even owning the car a full month yet. Guess I just needed to vent.