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I may have to trade her in or sell. It’s killing me.

MAGS1

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A lot of us have been there, done that. It sucks, but sometimes we gotta do what we gotta do. I had to get away from sports cars for several years with my kids, needed something more practical for car seats, hauling strollers and other stuff. Wouldn’t trade those years for anything. Was able to get back into fun cars about 6 years ago when my kids got older and I have to say it was worth the wait. The sports cars from 15+ years ago don’t hold a candle to what’s available today, you never know what’s going to come down the line.

Enjoy your time with a young family, it goes by so damn fast. The cars will be there when you’re ready again.
 

Goterr0r

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Lots of fun family cars out there. I have a modded 18 SHO that is the kid hauler. You can still get something reasonable and have fun while you get into the family life. You'll have more fun with the kiddos than with the car. Then when the kiddos get old enough you can get another and share the joy with them. Get a Explorer ST and mod the hell out of it. Fun family hauler that can smoke anything off the line.
 

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BlkMach10510

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Trade it in for a Raptor R
 

SundaySky

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If China permits the import of used cars, I will not hesitate to buy a GT350
 

Eyesac

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Nooo, I raised two kids with a mustang! You can do it! Just buy a second crummy Jeep cash and fish and surf and haul kids! Jk, condolences...
 

Hack

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Like the title says. I have reached a decision point. A few things have converged making the GT350 not too optimal for me.

1. I had free overtime for the last 3 years. I was working 70-80hour weeks every single week since then. I work from home on a laptop sitting on my ass. Long hours aren’t hard. I was CRUSHING IT financially. Now I’m restricted in OT to much less. I’m not broke, but I have less fun money. The car is worth more than I owe, so I won’t get hurt too bad selling or trading.
2. I have a kid on the way, and the GT350 is just not a good family car. I also like fishing and surfing and need a vehicle for carrying that stuff.
3. I have no warranty and if I had a catastrophic engine failure it would financially cripple me.
4. Because I work from home, I barely drive. I have this huge car payment for a car that just sits there. I do maybe 5-6k miles a year; sometimes less.

I really don’t want to do it. But it just seems like the rational thing to do right now. It’s got 44k miles and is in pretty good condition. Clean carfax, fresh tires, no dings or scratches bigger than a dime, it’s clean.

Chevy offered 42-44k trade in depending on condition. Checking prices that seems pretty fair.

This sucks. I don’t want to do it, but may have too. It really is the best car I have ever had. I probably will never be able to get another one. There just isn’t that many of them floating around that hit all my wickets. I was lucky to find this one.
Further consideration, you should try to sell it to a private party. You'll get more money for it that way. Then buy something older for a couple grand, or just rideshare with your wife until you've paid what you owe and saved enough for a down payment on something better. Definitely don't roll your underwater loan into another new vehicle that will depreciate by $5-10K right after you drive away from the dealership.

That's entering a downward spiral of debt.
 

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OldbutNew

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Pistol_91

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I think you're making a good decision here. Probably best to trade it in for a new truck or something you'd like.
 

RobZ71LM7

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A few people are assuming you’re underwater on the loan, but I read it like you aren’t. My advice is still the same, sell-the cars will always be there.
 

NightmareMoon

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Private party sale, and find a good used F150 or Tacoma without rust.

You can get back into a Shelby later. They’ll be around, but I wouldnt sweat it, life is short and you can say you owned and drove a 350, which is better than most.

Probably 1% of us will have our mustangs forever. Life moves on, new toys come out.
 

SL8888

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Trade it in for the Dodge Hellcat Durango !!! 🤣 😂😂
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