V6 S197 General Discussion This section is for technical discussions pertaining specifically to the V6 variation of the 2005 and newer Ford Mustang.

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Old Sep 1, 2011 | 07:42 PM
  #11  
2cokeman's Avatar
2cokeman
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CONGRATS!!
Old Sep 2, 2011 | 11:35 AM
  #12  
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157dB
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I paid my 5 year loan off in just under 2 years and saved
a whole lot of buckolas for the modding.

Now if I just didnt have the Challenger payment.....
Old Sep 2, 2011 | 07:24 PM
  #13  
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Good job man! Couldn't have made a wiser decision. Now like previously said, you'll have 300 bucks a month for mods! Hello 3.73s! haha
Old Sep 2, 2011 | 07:40 PM
  #14  
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Ive got 4.10's, thinking about maybe some udp and aluminum driveshaft as the next upgrade.
Old Sep 2, 2011 | 07:54 PM
  #15  
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Congrats are in order for sure. We purchased the car new in Jan 09 and put 15,000.00 down. I believe the payment was in the mid 500's and the loan was a 5 year deal (maybe 6 can't remember). We had some money laying around collecting dust so we wrote a cheque for approx 24-25,000.00 on the 25th payment and then it was ours free and clear. In regards to our 05gt we paid that on off literally 5 months to the day we picked it up and I will admit that was a great feeling.

Being married for 20 years and having no kids, rarely eat out, don't drink etc etc it is relatively easy to put money aside.
Old Sep 2, 2011 | 08:58 PM
  #16  
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Originally Posted by Snakebite64
Congrats are in order for sure. We purchased the car new in Jan 09 and put 15,000.00 down. I believe the payment was in the mid 500's and the loan was a 5 year deal (maybe 6 can't remember). We had some money laying around collecting dust so we wrote a cheque for approx 24-25,000.00 on the 25th payment and then it was ours free and clear. In regards to our 05gt we paid that on off literally 5 months to the day we picked it up and I will admit that was a great feeling.

Being married for 20 years and having no kids, rarely eat out, don't drink etc etc it is relatively easy to put money aside.

WOW 15k down and still in the 500's?
Was it brand new?
Old Sep 3, 2011 | 02:24 AM
  #17  
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2-3 miles on the odometer so yeah brand spanking new lol


The interest rate was aprox 6.7%. Effectively the car has just seen its third summer and the odo now reads 2200 miles yahoo

Last edited by Snakebite64; Sep 3, 2011 at 02:26 AM.
Old Sep 4, 2011 | 01:23 PM
  #18  
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jdphillips73
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Congrats!! I wish my payment was that low...mine was 447 per month, but i bought it new...thank god its paid for... it drives better now than ever!
Old Sep 4, 2011 | 09:53 PM
  #19  
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^^^^lol. Mine looks much better sitting in the garage now
Old Sep 4, 2011 | 10:05 PM
  #20  
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bakerjd
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Congrats man, I'm hoping to join the club by next august...looking to pay off a 6 year loan in half the time.



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