jmac72187

Hey Guys. Right now I am paying for my car and it will be paid off in August of 2010. Right now, I have an extra $120-200 a month going into a bank account that I never actually see. By the time I pay my car off, I will have about $8000-9000 in that account.

I am trying to look ahead for the long term now. Should I put this money into my 2V GT with 13k miles on it or should I wait until I pay this off and use that money as a good down payment for a new Mustang in 2010?

I will either be keeping this car and buying that car or selling this car with about 40-50k miles on it after I pay it off and using that as a down payment. Which should I do?

Clutch_2000GT

wow man thats really low miles for a 2000, mine has nearly 80k and its a 2k as well. I am actually in the same boat as you, mine will be paid off by this time of year in 2010 too. Well maybe sooner depending on how much I work in the summers from now till then. But yea I ponder the same type of question, and IMO especially considering how great your mileage is I would def go for supercharging your car now after its paid off. You could get away with a really nice setup for about half of what your saying you will have saved and you will have a sweet ride, much better then what our cars are now, and also you wont have a car payment anymore, YES!. plus you could take the insurance down a bit and be paying just a bit each month for potentially a 425whp beast.........again just my opinion

sitnlopro99gt

save your money do some small mods and stuff to it and then use the money you saved and the state of your car as a down payment on a new GT or Cobra whatever you decide..