Posts: 1768
Joined: 9/21/2006 From: Charleston, South Carolina Status: offline
Im getting ready to sell my mustang, and im either looking at a 03 cobra or a 03 mach 1 if yall had to choose what would it be? Im only 17 and im making the car payments myself i work about 40 hours a week and keep straight a's in school, so my parents are NOT buying it. But what car would yall choose?
Posts: 1768
Joined: 9/21/2006 From: Charleston, South Carolina Status: offline
quote:
ORIGINAL: Blownsvt
if you go termie depending on your down payment you will be looking at 450-500 a month plus about 250 or so per month insurance if you're lucky.
im not paying my insurance since i got a football scholarship my dad is gonna hook me up with the insurance, but i heard they had over heating issues, is that just a aftermarket heat exchanger swap?
well whatever you do think it through really good. I'm having some second thoughts about the one i bought last month. im 19 and im thinking i made a mistake in buying it. i do have two jobs to pay for it and insurance but im just thinking i should of waited longer. i also was thinking what should i get, what should i get? mach or cobra? by the way things look i should of went the mach direction. i really love the car a lot but im thinking in talking with the finance company to see if they can take it off my hands. and do not rush into buying one, plenty were made and if you decide to finally get one choose the right one and dont RUSH.
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bassani ss catback, B&M pro ripper shifter, H&R ss Springs
Posts: 1768
Joined: 9/21/2006 From: Charleston, South Carolina Status: offline
quote:
ORIGINAL: 562cobra
well whatever you do think it through really good. I'm having some second thoughts about the one i bought last month. im 19 and im thinking i made a mistake in buying it. i do have two jobs to pay for it and insurance but im just thinking i should of waited longer. i also was thinking what should i get, what should i get? mach or cobra? by the way things look i should of went the mach direction. i really love the car a lot but im thinking in talking with the finance company to see if they can take it off my hands. and do not rush into buying one, plenty were made and if you decide to finally get one choose the right one and dont RUSH.
thanks man for ur input, ya its alot to think about but ive talked to my dad about it!
well it depends on how much of a car you want to get. both of the cars have a cobra motor in them just one has a s/c and 390 hp. the other has a 01 cobra motor and makes about 305(factory claim) i have heard closer to 320 is more accurate.
well it depends on how much of a car you want to get. both of the cars have a cobra motor in them just one has a s/c and 390 hp. the other has a 01 cobra motor and makes about 305(factory claim) i have heard closer to 320 is more accurate.
03 mach 1's are not the same motor as 01 cobra. The short block is the same, but they have their own unique cams and share the same set of heads as the 03/04 cobras. But they do turn in better 1/4 mile times than the 01 cobras do, stock vs stock, considering all drivers are equal.
original poster - you are making money now, but what about after high-school. Are you going to college? Will you be able to maintain the same work schedule then? Personally, I would say that at your age you have too many variables in your near future to get into such a huge financial commitment. I'd wait until you graduate and settle into real life or college or whatever your next step is to see if it is still a reasonable choice. In the meantime, save up the money you are making now for a nice downpayment on it.
your 17. U have to consider if you will still be in the same financial situation in 5-6 years, as u r now. Because if u have a break in work, ur payments will still need to be paid, and if u start missin payments, you'll screw up ur credit, and get ur car repo'ed possibly. You're too young to make that decision right now. If i were u, i wouldnt get either, just because of ur age, and ur uncertain future.
If I were in your sitation, I'd hold onto that GT that you have right now for a year more or two.
If you're bringing in that kind of money, not during football season obviously, then save up. The payments on that GT can't be anywhere near what you're looking at for a Cobra unless you got rammed on that purchase however long ago it was.. lol..
Save up, wait till the summer before your sophmore year of college so you can see what you'll be making, how much you can work during school, and you'll have the money to make an even nicer downpayment on that car you're saving for.
I bought my GT the summer after my first year of college, but I'm not paying ANYWHERE near what you'd be paying monthly for a Termie, or a Mach for that matter.
Good luck though man, and as the guy above me has said before, don't rush into something on a whim. Think it out, don't get robbed by overpaying. Be patient. It's REALLY EASY to rush into a purchase, especially on something as fun as a car like that, but it shows alot of maturity to think it out and make a wise decision, not only that, but you'll thank yourself later.
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Hopefully running by the weekend. Gonna run her good too!
Well I think that if your dad is going to take care of the insurance than you can do it but your payments will be high if this your first loan because your credit history is the key and I dont know you but I make plenty of money and Im only 20 and I tried gettin a 04 Cobra when I was 18 and since I didnt have any credit history my intrest rate was sky high! If you are going to have a co signer then ou will be better off in the long run. If you know that the job that you have now is the one that ur going to stay with and nothing is going to happen then get it but the last thing you want to do at your age is mess up your credit that is the most important thing in your life way more than a car!! Good luck in whatever you choose and let me know what happens!
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2003 Satin Silver Cobra with a 2.2L Kennebell at 20 psi and a 100 wet shot
Posts: 1768
Joined: 9/21/2006 From: Charleston, South Carolina Status: offline
quote:
ORIGINAL: ZO6AINTSHIT
Well I think that if your dad is going to take care of the insurance than you can do it but your payments will be high if this your first loan because your credit history is the key and I dont know you but I make plenty of money and Im only 20 and I tried gettin a 04 Cobra when I was 18 and since I didnt have any credit history my intrest rate was sky high! If you are going to have a co signer then ou will be better off in the long run. If you know that the job that you have now is the one that ur going to stay with and nothing is going to happen then get it but the last thing you want to do at your age is mess up your credit that is the most important thing in your life way more than a car!! Good luck in whatever you choose and let me know what happens!
Well the car is gonna be paid off by the end of my senior year, i still have to sell my car and 3 four wheelers i have lol....looks like im going cobra!
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03 cobra or 03 mach - 
