What should i do?

Modular2v

Founding Member

Jun 30, 2002

3,222

23

99

oklahoma

Aug 21, 2007

#1

• Aug 21, 2007

• #1

Ok guys let me fill u in. I already gave my 5.0 posse the scoop!

My 03 gt i got paid off in august.....last week i bought a 95 cobra with 80k miles on it and it is COMPLETELY STOCK! Should i sell the 03 and pocket 7500- 8000 dollars and use the 95 as my daily driver?I graduate college in december and the 7500-8gs would get me into the house i want for sure.

On a side note i can completely tear apart the 95 and put it back together so maintaining the 95 is not a problem

 

Modular2v

Founding Member

Jun 30, 2002

3,222

23

99

oklahoma

Aug 21, 2007

#2

• Aug 21, 2007

• #2

bumperoo

 

Tim2002GT

Founding Member

Apr 10, 2002

635

4

29

Tulsa, Oklahoma

Aug 21, 2007

#3

• Aug 21, 2007

• #3

Personally, if I were you, I would keep the 03 GT and get rid of the Cobra. You already have a badass 5.0! That Gt must not be too bad either, if you've ran 13.3X's with it!

 

DCjuggalo

Member

May 18, 2003

169

0

16

Charlotte, NC

Aug 21, 2007

#4

• Aug 21, 2007

• #4

id keep 03 sell the cobra and buy the house (if i were u)

 

mustangkid05

New Member

Mar 10, 2006

199

0

0

Aug 21, 2007

#5

• Aug 21, 2007

• #5

sell the cobra, that way youll have a bad 5.0 and a newer car

 

Modular2v

Founding Member

Jun 30, 2002

3,222

23

99

oklahoma

Aug 21, 2007

#6

• Aug 21, 2007

• #6

13.3xs is pretty quick for what it is. I owe 8000 on the cobra still! So i might just sell it

 

Tim2002GT

Founding Member

Apr 10, 2002

635

4

29

Tulsa, Oklahoma

Aug 21, 2007

#7

• Aug 21, 2007

• #7

Modular2v said:

13.3xs is pretty quick for what it is. I owe 8000 on the cobra still! So i might just sell it

Click to expand...

That's the spirit! Where at in OK are you from?

 

Modular2v

Founding Member

Jun 30, 2002

3,222

23

99

oklahoma

Aug 22, 2007

#8

• Aug 22, 2007

• #8

Tim2002GT said:

That's the spirit! Where at in OK are you from?

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edmond near the okc area!

 

Modular2v

Founding Member

Jun 30, 2002

3,222

23

99

oklahoma

Aug 22, 2007

#9

• Aug 22, 2007

• #9

still in limbo on the situation. I drove the 03 for the 1st time in a week and its just so much more solid in ride its unreal!

 

Matt's 03 GT

Member

Aug 28, 2006

0

0

17

Orange County

Aug 22, 2007

#10

• Aug 22, 2007

• #10

I will echo what I said in your other thread... Sell the '03 and buy the house. You will go from a depreciating asset to an appreciating asset, and along with that you will still have to bad ass mustang's to play with! I don't see any down side in keeping the Cobra. They keep their value much better also.

Good luck,

Matt

 

Modular2v

Founding Member

Jun 30, 2002

3,222

23

99

oklahoma

Aug 22, 2007

#11

• Aug 22, 2007

• #11

Matt's 03 GT said:

I will echo what I said in your other thread... Sell the '03 and buy the house. You will go from a depreciating asset to an appreciating asset, and along with that you will still have to bad ass mustang's to play with! I don't see any down side in keeping the Cobra. They keep their value much better also.

Good luck,

Matt

Click to expand...

thanks matt! Im just trying to get an unbias view as everybody in the 5.0 forums say keep the cobra and everbody in the modular forums is telling me to keep the 03! go figure huh LOL

 

0

03gtdrkpny

New Member

Apr 4, 2004

79

0

0

IL

Aug 22, 2007

#12

• Aug 22, 2007

• #12

If it was me, I'd sell the 03 and split your $$ for mods to the cobra and dp for the house. If it's your first house, you can do some amazing chit with financing and such.

 

Matt's 03 GT

Member

Aug 28, 2006

0

0

17

Orange County

Aug 22, 2007

#13

• Aug 22, 2007

• #13

Modular2v said:

thanks matt! Im just trying to get an unbias view as everybody in the 5.0 forums say keep the cobra and everbody in the modular forums is telling me to keep the 03! go figure huh LOL

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I laughed when reading the responses with each group. Very funny!!! I guess we all vote with our wallets.

If I had the chance to buy a house... or to keep a Mustang the choice is very simple.

 

Modular2v

Founding Member

Jun 30, 2002

3,222

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99

oklahoma

Aug 22, 2007

#14

• Aug 22, 2007

• #14

i have till may to think about it....its just the depreciation aspect of the wait thats concerning me! I know the cobra wont really depreciate anymore....if anything it will probably go up since there where only 6k of them made that year. Either way i cant express how much your guys opinions mean! Its sad when i have to reley on stangnet for financial advisement but re-assurance always helps LOL

 

0

03gtdrkpny

New Member

Apr 4, 2004

79

0

0

IL

Aug 22, 2007

#15

• Aug 22, 2007

• #15

funny, because there is about a handful of people that I would trust on this board for advice, I don't even listen to myself most of the time.

 

Modular2v

Founding Member

Jun 30, 2002

3,222

23

99

oklahoma

Aug 22, 2007

#16

• Aug 22, 2007

• #16

03gtdrkpny said:

funny, because there is about a handful of people that I would trust on this board for advice, I don't even listen to myself most of the time.

Click to expand...

Im the same way! Usually the best decision is shown with time.....or heinsight LOL