what im probably gunna do is just save up til mid next summer and sell my car around blue book which is 11 now. it dropped $5,500 in value in only a year though so thats why i wanna get out while i can and get a cobra
Good luck.
I tried to get $10K for my '03 GT earlier this summer and couldn't even do that.
Private sales are tought. Dealers can finance so they sell cars at a higher price easily. Private owners don't finance, and not many people have $10K cash to spend or put the effort into getting a loan from a bank. Plus there are usually stipulations to the age of a car and mileage that may prevent them from buying your car.
That was the biggest problem i faced. Either people didn't have the cash and offered me 8000-9000, couldn't get a bank loan, or just figured a dealer would be less hassle to get financed through.

There is a lot to be said for no car payment too. If you're 20 and dont have a car payment, and you have a clean GT, why go into debt. You have got a lot of years ahead of you to make some cash on your own and buy that dream car. There is always some car out there that everybody wishes they could have/afford, but if you have to go into debt to do it, its not worth it. Owing money sucks, even if its to your parents. I say keep your car, but you're going to do what you want at 20yo, so i hope you make the right decision. Good Luck.![]()
I agree with that. No car payment are sweet!!! As soon as i had the money to pay off my loan i did it. Best thing i could have done. I know there are faster stangs out there but i don't care. Plus there aren't any around here. Too many ricers around but no stangers. Ok well one termi(which is faster i know) and a few other stangs but none of them ever do local meets. Anyways I'd rock the GT until you start making some real money then go from there. Thats my plan. But its your money/life and only you get to live it. Good luck man.