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Mr 5 0 · 05-13-2002, 04:43 PM

James:

This is a complicated and very personal decision but I'll throw a few facts and opinions at you to do with what you will.

A bank won't give you a long repayment term on a '95. probably two years and I doubt you have the credit to swing it, but you should try. The dealer may be able to get you financing at a higher interest rate if the bank won't go for it, but I doubt you'll get a long repayment term on a 7-year-old car like the Cobra.

Cars that are in accidents are sometimes never quite the same. Often, it's just a perception rather than a reality but not always, and sometimes it's a little of both. Either way, if you don't like your car, you should get rid of it. At 18, you should enjoy driving and if you don't, then obviously you need something fresh to drive.

Beware of previously modified Mustangs (or anything else). Unless you personally know the mechanic/owner and know that the work was done right and with quality parts, you could be in for possible headaches down the road.

I would suggest finding a nice, clean affordable 'Stang that you can mod if you wish or just pamper but one that you'll at least enjoy, as well as be able to afford.

Good luck.

05-13-2002, 04:43 PM	#5
Mr 5 0 Conservative Individualist Join Date: May 1997 Location: Wherever I need to be Posts: 7,487	Factors to consider in your decision James: This is a complicated and very personal decision but I'll throw a few facts and opinions at you to do with what you will. A bank won't give you a long repayment term on a '95. probably two years and I doubt you have the credit to swing it, but you should try. The dealer may be able to get you financing at a higher interest rate if the bank won't go for it, but I doubt you'll get a long repayment term on a 7-year-old car like the Cobra. Cars that are in accidents are sometimes never quite the same. Often, it's just a perception rather than a reality but not always, and sometimes it's a little of both. Either way, if you don't like your car, you should get rid of it. At 18, you should enjoy driving and if you don't, then obviously you need something fresh to drive. Beware of previously modified Mustangs (or anything else). Unless you personally know the mechanic/owner and know that the work was done right and with quality parts, you could be in for possible headaches down the road. I would suggest finding a nice, clean affordable 'Stang that you can mod if you wish or just pamper but one that you'll at least enjoy, as well as be able to afford. Good luck.