Trade In

[scapegoat]

Originally Posted by tenwatt no offense but I can't believe how many 18 year old kids I see on both the mustang and camaro boards talking about buying brand new cars. I'm 34 years old and make a six figure salary, no debt and I'm spending months researching, hemming and hawing over whether it's a good idea to spend $30k on a new car. don't take this personal but you're 18 and you're driving a brand new mustang you shouldn't be regretting anything about it. you should be outside detailing it every night and acting as if you'll own it forever. I mean I just hope for your sake you make enough to own a Ferrari by the time you're 30 or your being setup for disappointment...... errrr unless someone gives you a Ferrari when you're 30. ugh back to your original question it's my experience that 2 years is the sweet spot in terms of depreciation. it's when most cars start to level off in value and stop dropping. If you can manage to hold out until then you'll probably get your best value. if it was my money that's what I'd try to do. If it was my dad's money I'd probably do it as soon as the new GTs come out. haha, i'm 26 making a great 5 figure salary and i didn't bat an eye after i took mine for a test drive. though, i had to carefully consider my expenses once i decided the trade in on my 05 srt-4 wasn't high enough... so now i have two car payments haaaaa... still trying to sell that car privately. everyone is in a different place in life. as for the OP, hold onto the car for a bit, wait for the second year run of the 5.0 and get that, or get a v6 since it'll still be as powerful as my 2010 gt

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