Ford GT :)
10/12/05, 08:09 PM
#1
Needs to be more Astony
Thread Starter
Do you think i could get a mortgage on a Ford GT... its kinda a collectors car and probaly won't go down in value that much or at all...
So i figure if i got a 30 year mortgage on the Ford GT it wouldn't cost me too much per month.
You think my wife would consider a Ford GT over a house?
So i figure if i got a 30 year mortgage on the Ford GT it wouldn't cost me too much per month.
You think my wife would consider a Ford GT over a house?
10/13/05, 07:23 AM
#2
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Originally posted by Knight@October 12, 2005, 8:12 PM
Do you think i could get a mortgage on a Ford GT... its kinda a collectors car and probaly won't go down in value that much or at all...
So i figure if i got a 30 year mortgage on the Ford GT it wouldn't cost me too much per month.
You think my wife would consider a Ford GT over a house?
Do you think i could get a mortgage on a Ford GT... its kinda a collectors car and probaly won't go down in value that much or at all...
So i figure if i got a 30 year mortgage on the Ford GT it wouldn't cost me too much per month.
You think my wife would consider a Ford GT over a house?
You have it all firgure wrong. The car may appreciate if it is not driven too much so you want to lease it. Figure in 5 years it will be worth more than you paid for it, the leasing company would pay you to drive it sinct a lease is based on depreciation. The only thin in IL you would have to pay is sales tax and interest on carrying the balance for 60 months. On a selling price of $175,000 that comes to $1895.84 per month and you haven't put full coverage insurance on it yet.
10/13/05, 09:09 AM
#3
Needs to be more Astony
Thread Starter
Thanks for checking the numbers for me.almost 1900 a month...hmm.... If i don't buy food, move into the car instead of paying rent and untilities.... It just might work...
"Honey, were going to eat in tonight"...goes through the drivethru
10/13/05, 08:13 PM
#6
Needs to be more Astony
Thread Starter
10/27/05, 12:08 PM
#8
Something tells me its not going up in value any time soon. These days any starting bids over 180k on ebay get no takers. Last year they started at $250. The car should stabilize at about 10k over sticker, as Ford pretty much priced the car right. The one I am sitting 6' away from was just sold by a check 
The funny thing is, one person tried to trade in a 550 Marianello(sp), he had the window sticker at $285K and it was 2 years old with about 8k miles, current sale price on the market......$130k. :shock:
The funny thing is, one person tried to trade in a 550 Marianello(sp), he had the window sticker at $285K and it was 2 years old with about 8k miles, current sale price on the market......$130k. :shock:
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