Pitt

+1 .....If youre going to take out a loan that big, for the same or maybe a little more you can find a Nice 03/04 Cobra already s/c. When I was looking for my stang about 1 month ago, I ran into some super nice Cobras with mods and low miles for about $26k and cars down here in Miami arent as cheap as in other states.

Hash06

what was a mach worth brand new. the car hasn't even been through the proper break in period

Mark99GT

If you sell your GT youll probably just about break even, which means youll be taking out a 23000 dollar loan.

23000 at 6% (which youd probably never see, probably closer to 9%) over 6 years is about 380 a month. But not every lender offers a term that long.

So realistically lets say 23000 at 9.9% over 5 years and you're looking at almost 490 a month. Thats insanemaking 10 bucks an hour. A year or so into the payments you'll be hating life, breaking your ***** at work just to afford the car. Not worth it imo.

And yeah, 23000 is way too much for that car. Is it auto or manual?

If you've absolutely got to have the car for that money PLEASE look for a cobra.

jmac72187

^^^It is a 5 speed. Also I can get a high 6% rate. Cosigned with my parents who have perfect credit. I was thinking that I should just keep my GT. All that extra money for the Mach could be spent on other stuff.