DITTO! The '04 all the way! Will hold value much, much better and is a way better car.
But, I would possibly choose an '04 Mach 1. $26K new. It will run with the Cobra from Stop Light to Stop Light before the Cobra gets a chance to pound it.
I am curious about the insurance question. My '00 GT cost 30% more to insure than my $40k+ '02 Suburban. If you are young...God help you. Pay for college or buy a house instead. At least you will feel like you are getting something.
If you are over 65, the the insurance won't be a factor at all.
