This is topic You sold your Mustang for a positive(Update) in forum General Talk at Northern California Ford Owners .
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Posted by SSFGiant (Member # 10811) on
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Have you sold your mustang to help with a down payment on house? Or Remodel your home, kids college. For a positive outcome.
I’m up in the air about selling my coyote. It’s a 2014 5.0. 31k on it. I’m looking online and coyotes with 60k on are going for like $23k. I figured I can get some good money.
I’m having my first kid. My lady says we don’t have to. But if it could put us closer to buying a home then I just might....
[ 2020-02-15, 12:06 AM: Message edited by: SSFGiant ]
Posted by adower (Member # 5955) on
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Yep. Sold my 93 cobra in 2009 to buy my first house. Just recently sold that house and used the equity to get into a 800k house.
Posted by SSFGiant (Member # 10811) on
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quote:
Originally posted by adower:
Yep. Sold my 93 cobra in 2009 to buy my first house. Just recently sold that house and used the equity to get into a 800k house.
Thats tough. That’s a Cobra too. Mines just a premium 5.0. But it obviously all worked at the end for you.
Posted by theconductor (Member # 13458) on
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Sell it, buy a house. There will always be a mustang to buy. In fact, after a year, you can buy one outright with equity.
Posted by adower (Member # 5955) on
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quote:
Originally posted by SSFGiant:
quote:
Originally posted by adower:
Yep. Sold my 93 cobra in 2009 to buy my first house. Just recently sold that house and used the equity to get into a 800k house.
Thats tough. That’s a Cobra too. Mines just a premium 5.0. But it obviously all worked at the end for you.
It was tough cause I would always look at mustangs while I didn’t have one. The 93 was pretty nice vibrant red with black Interior and bbs rims with an s trim. But it definitely worked out. Sacrificing my mustang ended up with me walking away with over 250k when closing.
[ 2019-08-16, 04:46 PM: Message edited by: adower ]
Posted by adower (Member # 5955) on
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quote:
Originally posted by theconductor:
Sell it, buy a house. There will always be a mustang to buy. In fact, after a year, you can buy one outright with equity.
I agree with this. Unless you have some sentimental value with your car, you can just get another one.
Posted by SSFGiant (Member # 10811) on
:
quote:
Originally posted by adower:
quote:
Originally posted by theconductor:
Sell it, buy a house. There will always be a mustang to buy. In fact, after a year, you can buy one outright with equity.
I agree with this. Unless you have some sentimental value with your car, you can just get another one.
No sentimental value. I’ll still have my foxbody ![[Smile]](smile.gif)
Posted by sofresh (Member # 12393) on
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quote:
Originally posted by SSFGiant:
quote:
Originally posted by adower:
quote:
Originally posted by theconductor:
Sell it, buy a house. There will always be a mustang to buy. In fact, after a year, you can buy one outright with equity.
I agree with this. Unless you have some sentimental value with your car, you can just get another one.
No sentimental value. I’ll still have my foxbody
Well I agree with everyone else sell it especially since you have a foxbody
Posted by 70stang351w (Member # 9948) on
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It's not a classic there are plenty to go around..
Posted by NEIGHT (Member # 8741) on
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Do it! If it was the fox then I would’ve probably said nah fuck the house, live in the fox. Lol
Posted by fredfifty (Member # 10320) on
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all good, you have the fox, so sell the coyote. i had an older white guy (look just like joe biden, no joke) say to me while i was parking my fox, that the foxes are going up
in value and gave me a thumbs up. im saying this guy looked like a stock broker type, in his 60s. i never expected that to come out of his mouth. caught me off guard.
Posted by sic70stang (Member # 4347) on
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If anyone has ever sold a car for their wedding I weep for your lame ass.
Posted by castor (Member # 2765) on
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Sold my 92GT to Lee 12 years ago for a down on my then 2010 Acura MDX SH-AWD. My son was born the next week...
Posted by SilverCobra7 (Member # 11975) on
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Sold my 03 10th Anniversary Cobra a few years ago to buy one of sons a car and for college. Now I'm in driving a '99 GT I had bought a couple years ago for my other son. He's now driving a more economical car for college.
Posted by Marks93 (Member # 11130) on
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quote:
Originally posted by fredfifty:
all good, you have the fox, so sell the coyote. i had an older white guy (look just like joe biden, no joke) say to me while i was parking my fox, that the foxes are going up
in value and gave me a thumbs up. im saying this guy looked like a stock broker type, in his 60s. i never expected that to come out of his mouth. caught me off guard.
You talkin' about me?? LOL
I always wonder what people think about me having a foxbody being older than most owners. ![[Cool]](cool.gif)
Well, frankly, I don't care, still LOVE it.
Posted by fredfifty (Member # 10320) on
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quote:
Originally posted by Marks93:
quote:
Originally posted by fredfifty:
all good, you have the fox, so sell the coyote. i had an older white guy (look just like joe biden, no joke) say to me while i was parking my fox, that the foxes are going up
in value and gave me a thumbs up. im saying this guy looked like a stock broker type, in his 60s. i never expected that to come out of his mouth. caught me off guard.
You talkin' about me?? LOL
I always wonder what people think about me having a foxbody being older than most owners.
Well, frankly, I don't care, still LOVE it.
haha, dont worry, that will be me years from now...still envying the foxbody if i see one when i have silver hair ![[Big Grin]](biggrin.gif)
Posted by SLOWBACK 67 (Member # 6348) on
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I have put my mustang on the back burner for years. But I'll never sell it. Got my 20% and bought a home last year. Have a two year old. Saving up to buy my first big rig now.
[ 2019-08-31, 01:32 AM: Message edited by: SLOWBACK 67 ]
Posted by SydeWaySix (Member # 3596) on
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I did...sold my 98 cobra FALEEN and 03 GT to add cash in the bank when we purchased a home. All worked out in the end and a house was worth the sacrifice for sure. Few years later, saved some pennies and upgraded to a 13 Boss 302. Although, I do still miss the FALEEN...
Posted by NEIGHT (Member # 8741) on
:
quote:
Originally posted by SydeWaySix:
I did...sold my 98 cobra FALEEN and 03 GT to add cash in the bank when we purchased a home. All worked out in the end and a house was worth the sacrifice for sure. Few years later, saved some pennies and upgraded to a 13 Boss 302. Although, I do still miss the FALEEN...
Wait.....you mean to tell me you still own the boss?
Posted by SydeWaySix (Member # 3596) on
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quote:
Originally posted by NEIGHT:
quote:
Originally posted by SydeWaySix:
I did...sold my 98 cobra FALEEN and 03 GT to add cash in the bank when we purchased a home. All worked out in the end and a house was worth the sacrifice for sure. Few years later, saved some pennies and upgraded to a 13 Boss 302. Although, I do still miss the FALEEN...
Wait.....you mean to tell me you still own the boss?
Yes, this one was purchased to keep. It’s going to be handed down to my son and I already promised him that.
Posted by NEIGHT (Member # 8741) on
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quote:
Originally posted by SydeWaySix:
quote:
Originally posted by NEIGHT:
quote:
Originally posted by SydeWaySix:
I did...sold my 98 cobra FALEEN and 03 GT to add cash in the bank when we purchased a home. All worked out in the end and a house was worth the sacrifice for sure. Few years later, saved some pennies and upgraded to a 13 Boss 302. Although, I do still miss the FALEEN...
Wait.....you mean to tell me you still own the boss?
Yes, this one was purchased to keep. It’s going to be handed down to my son and I already promised him that.
That break your record yet?
Posted by SydeWaySix (Member # 3596) on
:
quote:
Originally posted by NEIGHT:
quote:
Originally posted by SydeWaySix:
quote:
Originally posted by NEIGHT:
quote:
Originally posted by SydeWaySix:
I did...sold my 98 cobra FALEEN and 03 GT to add cash in the bank when we purchased a home. All worked out in the end and a house was worth the sacrifice for sure. Few years later, saved some pennies and upgraded to a 13 Boss 302. Although, I do still miss the FALEEN...
Wait.....you mean to tell me you still own the boss?
Yes, this one was purchased to keep. It’s going to be handed down to my son and I already promised him that.
That break your record yet?
Yep, I think so lol. Now I’m a believer of just cover it up and forget about instead of selling it
Posted by i (Member # 12534) on
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Probably sell my foxes for a house or a fastback.
Posted by fredfifty (Member # 10320) on
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if you are lucky enough to go in on a refi with lets say your grandparents house, then all you would have to come up with is closing costs and not no 20 percent down. its worth a shot if you have really elder grandparents that like you alot lol
and if youre really lucky, your grandparents will be under prop 13 tax assessment exclusion which can be passed on to a grandchild, if i recall.
Posted by SantaClara_Cobra (Member # 9488) on
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I have a house in SJ and I’m thinking about selling my fox right now.
Posted by NorCalRydaz (Member # 3233) on
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....
[ 2019-09-08, 01:55 PM: Message edited by: NorCalRydaz ]
Posted by venomous99 (Member # 1917) on
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sold each and every one of the stangs ive owned not out of necessity but cuz it was time to move on...i get bored of shiet easily.
that alone was a positive outcome. LOL
nowadays selling your average stang aint gonna do shiet on a buying a house in the bay. let me see how the 20k from my stang can go towards funding the 250k i need to put 20% on a decent house in the bay. LOL
Posted by 68dustin (Member # 5388) on
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nope still have my mustang and cougar.. just sold the cutlass, camaro & falcon to buy more toys
Posted by Eddie510- (Member # 2354) on
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Mandilones
Posted by SantaClara_Cobra (Member # 9488) on
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I sold my 03 cobra years ago to fix my credit. Everything was in my wife’s name at the time. Long story short, fixed my credit and bought a house is SJ. If I wanted to, I could take equity out and buy 20 cobras now. It is all about timing though. You have to set yourself up for things like this to happen. I don’t regret selling the cobra. I now have two foxes.
Posted by adower (Member # 5955) on
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quote:
Originally posted by SantaClara_Cobra:
I sold my 03 cobra years ago to fix my credit. Everything was in my wife’s name at the time. Long story short, fixed my credit and bought a house is SJ. If I wanted to, I could take equity out and buy 20 cobras now. It is all about timing though. You have to set yourself up for things like this to happen. I don’t regret selling the cobra. I now have two foxes.
It’s a good feeling to have equity and know something you bought has appreciated.
Posted by SSFGiant (Member # 10811) on
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I sold it to Honda of Serramonte. Here’s the link. They’re only selling it for $2k more then what they gave me. I’m not mad. I thought forsure they’re gona let it go for like $23-$24k but guess not. Better than wheeling and dealing with some guy on Craigslist or receiving tickets a month later cus the car is still registered under my name....
Car has right under 33k. Website has it wrong. You can see it in the pic. If anyone is interested in purchasing here’s a list of parts
Parts- BMR upper/lower control arms.
BMR adjustable pan hard bar
Koni front and rear
MM cc plates
Corsa mid pipe
Roush axle back
https://www.hondaofserramonte.com/used/Ford/2014-Ford-Mustang-31e5a1b60a0e0a174fb4f757d8dc5be8.htm
[ 2020-02-15, 04:38 AM: Message edited by: SSFGiant ]
Posted by SSFGiant (Member # 10811) on
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It was posted for less than 24hrs. It sold already. Link doesn’t work anymore
Posted by AL STOCK (Member # 1852) on
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quote:
Originally posted by SSFGiant:
I sold it to Honda of Serramonte. Here’s the link. They’re only selling it for $2k more then what they gave me. I’m not mad. I thought forsure they’re gona let it go for like $23-$24k but guess not. Better than wheeling and dealing with some guy on Craigslist or receiving tickets a month later cus the car is still registered under my name....
Car has right under 33k. Website has it wrong. You can see it in the pic. If anyone is interested in purchasing here’s a list of parts
Parts- BMR upper/lower control arms.
BMR adjustable pan hard bar
Koni front and rear
MM cc plates
Corsa mid pipe
Roush axle back
https://www.hondaofserramonte.com/used/Ford/2014-Ford-Mustang-31e5a1b60a0e0a174fb4f757d8dc5be8.htm
Did Dananh buy it off you at Honda? She tries to give best offers (much higher than other dealers).
Posted by SSFGiant (Member # 10811) on
:
quote:
Originally posted by AL STOCK:
quote:
Originally posted by SSFGiant:
I sold it to Honda of Serramonte. Here’s the link. They’re only selling it for $2k more then what they gave me. I’m not mad. I thought forsure they’re gona let it go for like $23-$24k but guess not. Better than wheeling and dealing with some guy on Craigslist or receiving tickets a month later cus the car is still registered under my name....
Car has right under 33k. Website has it wrong. You can see it in the pic. If anyone is interested in purchasing here’s a list of parts
Parts- BMR upper/lower control arms.
BMR adjustable pan hard bar
Koni front and rear
MM cc plates
Corsa mid pipe
Roush axle back
https://www.hondaofserramonte.com/used/Ford/2014-Ford-Mustang-31e5a1b60a0e0a174fb4f757d8dc5be8.htm
Did Dananh buy it off you at Honda? She tries to give best offers (much higher than other dealers).
Yup! Dananh. She was great. Smooth transaction.
Posted by stanger50 (Member # 1665) on
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Sold off my mustang and replaced it with an M3 ![[burnout]](graemlins/burnout.gif)
Posted by sic70stang (Member # 4347) on
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quote:
Originally posted by stanger50:
Sold off my mustang and replaced it with an M3
damn that sucks
[ 2020-04-22, 07:05 PM: Message edited by: sic70stang ]
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