Originally Posted by '66StangWannabe

Saving my money is the thing I have no problem with; handing it off to buy something I've saved for and wanted for a long time is still a problem. There a lot of things I want, but I just can't justify spending money on a lot of them, it took me 2 years to finally decide to buy a $300 gun that I could easily afford (not to sound like a snob).

I'm kind of wanting a 2010 4.6 or 2011 5.0 now. I like the 31mpg's from the 6 banger, but that 412hp (from the 5.0) and v8 sound is hard to pass up.

Originally Posted by onegoal

Are you saving up for a down payment, or are you saving up to just walk into the dealer and hand them a check for the full amount?

If you're saving up to buy it outright you might as well wait until 2013 and get the redesigned 2014. That way you have the most current model!

Originally Posted by Nuke

Although you currently have your sights set on a '10 Stang, things can change drastically in 2 years. As everyone else stated, continue saving but adjust your goals on the fly. I'm sure you'll be in a good financial place when you're ready to pull the trigger for whatever the target will be. I wouldn't be surprised if you're sitting in an '11 5.0 by then.

Originally Posted by '66StangWannabe

I want to save enough money to probably put down 35%-50% of the total cost. As I said, I like to have money in the bank, so the initial down payment would cut the cost enough to keep payments pretty reasonable.

Thanks for the advice, Nuke.

Originally Posted by LostBoyz

I was going to do the same but they offered 0% interest for a 36 month loan, no point in putting that much cash down when you can make interest on it elsewhere. Its still a good idea to have a bunch saved in case you lose your job or something happens to it.

Originally Posted by LostBoyz

I was going to do the same but they offered 0% interest for a 36 month loan, no point in putting that much cash down when you can make interest on it elsewhere. Its still a good idea to have a bunch saved in case you lose your job or something happens to it.

Originally Posted by onegoal

True. Id rather put more down and have lower payments. Plus if you lose your job then hopefully someone can help you make the payments.