4.6L General Discussion This section is for non-tech specific information pertaining to 4.6L (Modular) Mustangs built from 1996 to 2004.

Should I sell or keep?

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Old 04-30-2010, 12:41 AM
  #11  
tdcalhoun89
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I understand where you're coming from. I think you'll be disappointing in how much you'll get for the car. If you do decide to keep the car though, I would not go out and spend a lot of money on modding the car until you have some money saved up to fix anything else that happens to go bad on it. Get ready to replace the brakes and just make sure you keep up with the regular maintenance. There's a lot of good info in those previous post, I don't think I can say if I think you should sell the car or keep it. If I was in your situation, I would be doing the same thing you are doing, asking a bunch of guys what you should do lol. Good luck with the car.
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Old 04-30-2010, 09:15 AM
  #12  
Eagle2000GT
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I quit buying new cars a long time ago. I buy used cars with 60,000-70,000 miles on them and drive them pretty much until they can't go anymore. I currently do not own a car with less than 100,000 miles on it.

When looking at a repair I review in my head the cost of the alternative which is getting a newer car. Typically, a $350 repair is only one month's payment on a newer car. If you have a repair like that and drive your car one month then you've broken even. Drive it two months after the repair with no further repairs and you've saved money.

I have seen friends obligate themselves to years of $450-500 monthly payments to avoid a $1,000 repair. The only rational reason for this is that they just wanted a different car.
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Old 04-30-2010, 11:03 AM
  #13  
smitty2919
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Originally Posted by Eagle2000GT
I quit buying new cars a long time ago. I buy used cars with 60,000-70,000 miles on them and drive them pretty much until they can't go anymore. I currently do not own a car with less than 100,000 miles on it.

When looking at a repair I review in my head the cost of the alternative which is getting a newer car. Typically, a $350 repair is only one month's payment on a newer car. If you have a repair like that and drive your car one month then you've broken even. Drive it two months after the repair with no further repairs and you've saved money.
I have seen friends obligate themselves to years of $450-500 monthly payments to avoid a $1,000 repair. The only rational reason for this is that they just wanted a different car.
can't beat that logic...good way to look at it
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Old 04-30-2010, 11:13 AM
  #14  
timthegreat1
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or look at it like this my friend bought an 06 gti, Put and exhaust and other mods on it voided the warranty and just had to pay 2,300 dollars for a new trans used cars seem expensive but comparing buying a 17k car then dumping another 2,300 into a trans and god only knows how much in mods.. your in pretty good shape
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