I am debating selling my 2011 Mustang for financial reasons, talk me into/out of it

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Mar 9, 2013 | 01:59 PM

#41

RedGT12

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From: Illinois

Well if his motives are getting laid by a different girl every week, go for it!

Mar 9, 2013 | 02:03 PM

#42

scramblerider5

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Quote:

Originally Posted by RedGT12

Well if his motives are getting laid by a different girl every week, go for it!

If that's what he wants

Mar 9, 2013 | 02:06 PM

#43

RedGT12

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From: Illinois

Quote:

Originally Posted by scramblerider5

If that's what he wants

Yea +1

Mar 9, 2013 | 02:19 PM

#44

scramblerider5

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I would keep the mustang and pay it off as quick as I could

Mar 9, 2013 | 02:57 PM

#45

06blackvertstang

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From: Oklahoma

Quote:

Originally Posted by scramblerider5

If that's what he wants

Then the medical bills would start rolling in and we'd have another thread on our hands...

Mar 9, 2013 | 03:03 PM

#46

scramblerider5

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Quote:

Originally Posted by 06blackvertstang

Then the medical bills would start rolling in and we'd have another thread on our hands...

I didn't think of that but good point

Mar 9, 2013 | 06:15 PM

#47

Stage_3

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Joined: March 9, 2013

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From: Massachusetts

Quote:

Originally Posted by Big Poppa

What are you going to get out of going out 2-3 times a week? Eating God knows what from a restaurant, and hanging out with people that like you only because you buy rounds. Just what do you expect to gain from that lifestyle? Keep your car, save some money, stay home and cook. Keeping up with the Joneses is not that smart.

Amen brother. Pretty much what I do. I wanted a certain car more than hanging out. So,...I sacrifice the "go out times".

Quote:

Originally Posted by jokerstars

But regardless, right now I'm leaning towards keeping the car and just trying to pay it off asap to free up some income (although a mandatory 5k a year goes to my Roth IRA so that inhibits saving somewhat).

That is a good plan. Hopefully you can find a way to financially keep your car. Like I stated above,...sometimes you have to sacrifice one for the other. Good luck!

Mar 9, 2013 | 06:29 PM

#48

2k7gtcs

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I wonder what silverbull271 would advise you to do?

Mar 9, 2013 | 06:39 PM

#49

cdynaco

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From: State of Jefferson Mountains USA

Quote:

Originally Posted by 2k7gtcs

I wonder what silverbull271 would advise you to do?

Last edited by cdynaco; Mar 9, 2013 at 10:01 PM.

Mar 10, 2013 | 11:42 AM

#50

JPMotorSport

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Joined: July 13, 2011

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From: NYC

Hate when money comes up on the forums. We all live in such different areas it really doesn't make sense to compare number amounts. Plus I have a feeling like in real life, the numbers could theoretically be incorrect.

I digress. I live in NYC and if I could afford it (I could) I wouldn't do in this place without a car. and that's WITH our 'world-famous' public trans.

OP, you're right there is a lot to do. And frankly if your GT isn't a part of your socializing I think you're doing it wrong.

Last edited by JPMotorSport; Mar 10, 2013 at 11:48 AM.

Mar 10, 2013 | 12:29 PM

#51

Ministang

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Joined: April 11, 2006

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From: Ohio

If it were me (although it wouldn't be, way different priotities) the best way to have my cake (in this case a Mustang GT) and eat it too (lots of expendable income for food and drink) would be to sell the current Mustang, put the money from the sale towards a nice 2005-06 Mustang GT for $10-12k, if you keep putting your car payment money towards it, you should have it paid off in a few months, and insurance would be less too. Just my $.02 worth.