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#1 |
Registered Member
Join Date: Apr 2002
Location: racine ,wi
Posts: 691
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![]() Im thinking of buying a newer GT. what would you guys do would you buy the newer GT and put the 87 on the back burner for awhile or put the money into the 87 and make it an all around street car. because if I get the newer GT the 87 will in time become a drag only car with driving on the streets very few and far between.
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RUN IT STAIGHT AND RUN IT HARD ________ Novi 2000 60' 1.46 1/4 10.67 mph 126.5 _________ |
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#2 |
Registered Member
Join Date: May 1999
Posts: 5,246
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![]() I was a little bit in your situation. I bought the new car. Can't say I regret it too much. The biggest factor is that I didn't want to dump a ton of money into the 87GT that I'd never get back out of it, and I didn't have a second car for when I had to work on the 87.
I'm getting totally HOSED on insurance right now. My car payment, insurance, and down payment could have made my 87GT an 11 second street car. |
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#3 |
Registered Member
Join Date: Apr 1999
Location: Hayes, Va, USA
Posts: 798
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![]() If you don't mind me asking Unit what is the your combined payout a month?
For insurance and car payment, I'm paying about 530 bucks a month, that was with a 5,000 down payment
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2002 5M GT (99% stock) 1991 5M LX (30% stock) patiently awaiting my satin silver 07 Mach 1, and don't forget the shaker |
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#4 |
Registered Member
Join Date: May 1999
Posts: 5,246
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![]() I'm at $700 with $4000 down. I haven't sold the 87GT yet, and I plan on applying those funds to the 02GT. When I do apply the money (in about 6mo) I hope my credit rating will be a lot better, that should drop my payments way down. I'm shopping for insurance, but they seem to like keeping bankers hours. I plan to have the car paid off in under 3 years.
The suburbs of Minneapolis is one of the worst places imaginable to insure a car. ![]() |
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#5 |
I need 110mph Trap Speed!
Join Date: Feb 1999
Location: So, CA
Posts: 4,315
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![]() "Call Survival Now, Any Car any driver"
hahaha 1800-survival. I only pay 380/year with 3 tickets. But it is not full coverage. Skyler
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2001 BMW M3 6spd 12.79@108 RIP ---- 1993 Notch w/ 98 4V 4.6 Fasttt... -1989 Saleen Mustang #406- 12.32@109 -1999 Black Cobra Coupe- JBA Shorties, Bassani Cat-X, Magnaflow 3", Pulleys, 85mm Pro-M, Ported Intake, Soild Rear w/ 4.30s, Tubular Front End, X2C arms, 13lb batt, few others. |
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