spedy7
Well-Known Member
- Thread starter
- #1
This has been really floating in my brain since Friday lol.
One of the sales guys at our dealer told me I'd be able to trade my '20 HPP in for quite a bit more than I owe on it currently. I talked to him later and got a rough trade value of $28k-$30k for my car with ~$22k left on the loan (financed for $28k OTD). I'd love to take advantage of the stupid covid prices and order a GT with that chunk of money - always wanted a GT and I feel more pushed to do so thanks to the pressure on automakers to go electric.
I'd be looking at a 301a GT with black pack and active exhaust, maybe spare tire as well. $42k (!) before taxes and everything. I'd have to consult with our sales guys but If they could swing a few thousand more on trade and/or off MSRP, I'd feel comfortable with payments that would be near what I pay now through my own bank at the same loan term. Waiting another 4-5 months until the car gets delivered will also net a bit more on trade (if still honored) but also money tossed in the wind.
I don't know if insurance will decide to up my premium or not, I do know I'll be fueling up more (but I can actually use 87 without losing 50-100 HP), registration will probably be more. I'm fine with my car as-is if I can't get a proper deal to be financially comfortable, pretty much at a 50-50 to whether I want to say it or walk away. Mainly want a GT just to experience the Coyote power before I no longer can. If I can't get what I want, I'll probably just wait until the Bronco ages a bit and order a 2 door.
Kinda wanted to get it out of my brain and see what others say, whether I'm a total idiot or not lol.
One of the sales guys at our dealer told me I'd be able to trade my '20 HPP in for quite a bit more than I owe on it currently. I talked to him later and got a rough trade value of $28k-$30k for my car with ~$22k left on the loan (financed for $28k OTD). I'd love to take advantage of the stupid covid prices and order a GT with that chunk of money - always wanted a GT and I feel more pushed to do so thanks to the pressure on automakers to go electric.
I'd be looking at a 301a GT with black pack and active exhaust, maybe spare tire as well. $42k (!) before taxes and everything. I'd have to consult with our sales guys but If they could swing a few thousand more on trade and/or off MSRP, I'd feel comfortable with payments that would be near what I pay now through my own bank at the same loan term. Waiting another 4-5 months until the car gets delivered will also net a bit more on trade (if still honored) but also money tossed in the wind.
I don't know if insurance will decide to up my premium or not, I do know I'll be fueling up more (but I can actually use 87 without losing 50-100 HP), registration will probably be more. I'm fine with my car as-is if I can't get a proper deal to be financially comfortable, pretty much at a 50-50 to whether I want to say it or walk away. Mainly want a GT just to experience the Coyote power before I no longer can. If I can't get what I want, I'll probably just wait until the Bronco ages a bit and order a 2 door.
Kinda wanted to get it out of my brain and see what others say, whether I'm a total idiot or not lol.
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