Originally Posted by Mrbobcat
Dang, its not looking good. I just got an insurance quote and it would go up to $87/m from about $70 now. I guess that's not too bad though as a new Genesis coupe like mine wound be about $80.
Yeah, a lopez a used 2011 probably wouldn't save me much as I'm looking at just over 25k for a new one and used cars have higher interest rates. Now maybe if I could find a demo or something...
btw I noticed that there was a 1994 Cobra in the paper for 3k. I don't know the condition or miles yet, but it said it has some extras. If its even halfway nice I could pay cash for it and save some money that I would have spent on payments for about a year and have maybe 4-4.5k instead of only 3 to play with now and maybe get a 2013 next year at this time. Only thing is I wonder if they will offer similar discounts of around 5k at that time?
Dayum, you got 'Stang fever bad, huh? I would only be guessing, but a 1994 for $3000 might be in need of some TLC, interior might not be in best condition, etc... If you a comfortable doing mechanical stuff, then it might be a good choice. However, it will be a very different experience driving it compared to your much newer Hyundai.
I would not put alot of value in it being a Cobra because it still pales in HP to a newer 2005-2010 GT and the newer 3.7 V6's, but according to online sources, the 1994 only had 240HP from the factory. However, since it was a 302ci motor, it could probably be massaged to exceed that amount with no problems, money permitting. Those engines are still very potent powerplants with the right bolt-ons.