87LK hatch or 99-2002GT

explicitone · 05-08-2002, 08:39 AM

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.

Unit 5302 · 05-08-2002, 07:43 PM

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.

MiracleMax · 05-10-2002, 10:11 PM

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

Unit 5302 · 05-12-2002, 09:38 PM

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.

Skyman · 05-15-2002, 01:28 PM

"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

05-08-2002, 08:39 AM	#1
explicitone Registered Member Join Date: Apr 2002 Location: racine ,wi Posts: 691	87LK hatch or 99-2002GT 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. __________________ RUN IT STAIGHT AND RUN IT HARD ________ Novi 2000 60' 1.46 1/4 10.67 mph 126.5 _________

05-10-2002, 10:11 PM	#3
MiracleMax Registered Member Join Date: Apr 1999 Location: Hayes, Va, USA Posts: 798	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 __________________ 2002 5M GT (99% stock) 1991 5M LX (30% stock) patiently awaiting my satin silver 07 Mach 1, and don't forget the shaker

05-15-2002, 01:28 PM	#5
Skyman I need 110mph Trap Speed! Join Date: Feb 1999 Location: So, CA Posts: 4,315	"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 __________________ 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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05-08-2002, 07:43 PM	#2
Unit 5302 Registered Member Join Date: May 1999 Posts: 5,246	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.

05-12-2002, 09:38 PM	#4
Unit 5302 Registered Member Join Date: May 1999 Posts: 5,246	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.