So close, yet so far

[GodfatherGreg]

First things first, I'm a senior in high school, so being able to convince my parents on even considering a mustang is a miracle. My dad finally agreed to let me trade in his "baby", a 2008 Crown Vic; So I took toto get appraised at the dealer yesterday. They gave it $700 because of a accident history. So they have this 4th of July special that if you lease or purchase a new mustang they'll add $1000 to your trade in. But before that our sales guy doubled the offer to $1500, then added $1000 since we were interested in leasing a Oxford white V6. Great now we're at $2500. He draws up a PERFECT offer, 228 a month we just need to add $1000 down separately, and it includes 2 year free maintenance (part of the 4th of July special). Before we started everything my mom called our insurance agent from Allstate, and she asks him how much would it be to insure a high school senior for a mustang, he gives us a "rough" estimate. "About $400-$500 a month" If it wasn't for the insurance agent giving us a "rough" estimate, this post would have been an intro for the pony. My dad is all up for the deal, he understands that this is a perfect deal, trade In a piece of shit, put another $1000 down, mustang for less than $230 a month, "better sign that shit by the end of the week!" I even offered to get a job, she says no because they want me to only focus on school. So the purpose of this post is to get some pony owners to help a fellow out and hope, pray do whatever you do to help me get into a mustang. Thanks!

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[Chameleon]

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[3AlarmStang]

That is a stupid price for insurance. Are they adding you onto their plan? I was only paying 200 a month when I was 18 with my 09' GT Premium... Shop around.

 

[ytechie]

That is a stupid price for insurance. Are they adding you onto their plan? I was only paying 200 a month when I was 18 with my 09' GT Premium... Shop around.

Yep, shop around. One way is to find an independent agent, and they can price check a group of companies quickly.

 

['Merica]

Yeah that is insane. Insurance is the only thing that stopped me from getting a motorcycle at 16. Looking back, I am very thankful 16 year old me didn't have a crotch rocket.

 

[BBB]

I'm paying $50 a month for my GT and I'm 31

When I was senior in highschool, I was driving a 2001 Mitsubishi Eclipse GT and I think I was paying about $100/month on my parents insurance so yours shouldn't be much more

 

[Shibby]

Sounds like you have Liberty Mutual. Get quotes from Progressive or State Farm.

I'm paying $50 a month for my GT and I'm 31

When I was senior in highschool, I was driving a 2001 Mitsubishi Eclipse GT and I think I was paying about $100/month on my parents insurance so yours shouldn't be much more

Haha I had a 2000 Eclipse GT in high school.
I'm 25 and paying $150 now. Damn insurance is low in Idaho.

 

[mjhousto]

How many points do you have on your license? If there are enough to drive the insurance up that high, then it wont make much difference what kind of car you get, so they may as well get you the Mustang... or a junker that won't be so heartbreaking to see destroyed.

 

[BBB]

Sounds like you have Liberty Mutual. Get quotes from Progressive or State Farm.




Haha I had a 2000 Eclipse GT in high school.
I'm 25 and paying $150 now. Damn insurance is low in Idaho.

Fed Spec? I had a cali spec automatic and it was so damn slow. I thought I was really cool though. It was my first and last black car.

These pics are like 13 years old, lol

 

[Hashbrownn]

I remember paying $400 a month on insurance for a new car when I was in high school. This was back in mid 90s. My case was extreme though. I totaled 2 cars in a span of my first year driving. I don't think it should be that much for you. You should look into it.

 

[Shibby]

Fed Spec? I had a cali spec automatic and it was so damn slow. I thought I was really cool though. It was my first and last black car.

These pics are like 13 years old, lol]

Yeah fed spec auto. It was fast enough for me at the time haha. I don't think I have any pics. I wrecked it back in like 09 unfortunately.

It was my first and last silver car haha.

 

[50hhh]

Uhh you need to have one of your parents as the primary driver on the mustang and you be a secondary driver on the whole account. That should cut the rate in half

 

[thxultra]

Time to find a different insurance company. I'm also curious if they knew it was a v6 and not a gt that makes a big difference also. Hope you find a better deal on insurance

 

[Barrel]

I paid $300/mo for full coverage at 18 on my 2006 Impala LTZ. No accidents, one speeding ticket. It was more than my car note.

 

[Khyber]

man call up another insurance company immediately

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