2005 Mustang

[darb]

Well - here's another controversial topic...

I've owned my GT/CS for a little under a year and I love it...it's a great car! I love the looks, the oo's and the aa's, and the time working on it.

But - it guzzles gas, I'm always tinkering with it...repair parts are $$$ and I'm worried that when I go off to college it's not going to be a cost effective daily driver.

So...I was thinking about selling and purchasing the 2005 Mustang when it comes out.


Any thoughts? Should I just keep the classic and wait for it to go up in value...or is it cost effective and more reliable just to go with the 2005?

Brad

 

[Perkchiro]

Well Brad, here's my take on it and you can take it for what it's worth. I owned a CS when I was 17 and I sold it when I went to college for $1800. I regretted selling that car all my life. I'm 47 now and last year I found another one and bought it. I'm doing a complete restoration on it and I'm totally psyched! I can understand your need for a more reliable car however, if at all possible, store the CS and buy a good used car for college. You'll regret it if you sell it and who knows, you may not be as lucky as I was finding another. Good luck in school!

 

[darb]

That is a true point to think about...I guess a lot of people regret selling their classics when their young. Who knows what the value of my car will be in another 20 years...

I'll have to work all summer and see what I cant save up.

Thanks for the input,

Brad

 

[rvrtrash]

Depending on the condition of your car and what you want to get in a 2005, you're still going to be making payments on $4-5K. Store your CS and buy something like a Escort ZX2 with 40K miles on it for the same money. You'll get better mileage and the insurance will be a lot cheaper. If someone bangs it with a door in the parking lot, it's not the end of the world. When you graduate, you still have your classic.
Steve

 

[RacingFan]

[quote author=Perkchiro link=board=1;threadid=911;start=0#msg5044 date=1083557515]
Well Brad, here's my take on it and you can take it for what it's worth. I owned a CS when I was 17 and I sold it when I went to college for $1800. I regretted selling that car all my life. I'm 47 now and last year I found another one and bought it. I'm doing a complete restoration on it and I'm totally psyched! I can understand your need for a more reliable car however, if at all possible, store the CS and buy a good used car for college. You'll regret it if you sell it and who knows, you may not be as lucky as I was finding another. Good luck in school!
[/quote]

Geez, sounds exactly like my story, with only a few twists. I bought my first GT/CS when I was 16, with much help from the parents. Maroon with black interior. My then "permanent" girlfriend (you'all know the story..." decided that she liked little foreign convertibles better. So being the young in love idiot I was, I traded the Mustang in on a beat up, rusty fiat. If I could go back in time and kick my own ass, I would do it everyday for a month! I am 40 now, and finally got "my" GT/CS back. You will regret selling it Brad, take it from the old timers!

Dave

 

[PNewitt]

Last month, April 15th, was the 30th year that I've owned my GT/CS. It now has 440,000 miles on it. I've enjoyed every day that I've had this car, and I'll never sell it.

It's gotten a lot of attention, and it stands out in any kind of traffic.

Although the 2005 Mustang is interesting, it will wane in about 3 years. How many 1974-1990 Mustangs do you see today on the road? It's a passing fad--in a way--to get a late model. They aren't made the same way, and no one is restoring anything from about '79 on...

These cars are truly special, and they still look custom. I agree--keep it, and get a driver car. That's what I do.

Paul.

 

[hookedtrout]

My story is a little different but along the same line with a much better ending in a sense. I started life in a 65 Mustang coupe and sold it when I was 18 trying to buy a 69 firebird 400 convertible but the firechicken sold about the same time mine sold so I was in a pickle. My dad all but threatend to kill me for selling the clean little 65 Mustang and give me the "You'll never find another one" speech. I told him not to worry I'd find a better one some day. One day a guy pulled into my brothers place with the sweetest 68 GT/CS I had ever seen in fact the only one I had ever seen and I had no idea what it even was other than a Mustang.

I told him right then and there if he ever sold it I would buy it not to even list it. He informed me it was a one family vehicle that would never be sold out of the family. Several years later I was driving past a lumber mill and there it sat with a for sale sign in the back window. I called him up and said HEY! I was serious! I'll buy the car TAKE THE FOR SALE SIGN OUT OF THE WINDOW. He said are you serious you don't even know how much I'm asking. I said doesn't matter and I bought the car and I like it way better than the 65. Which made me right and dad wrong! Right? And I'm now 40 (woops turned 41 yesterday) as well and it's not for sale unless it's life or death.

;D ;D ;D

Cory