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Old 03-09-2015, 08:44 PM   #1
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Which to buy? GT or GT500.

I've been without a mustang for a while now, and I'm looking at getting back in one very soon. Just to start with, here's some context. I'm 20 years old (almost 21), financially independent, in college (UT at Austin), and have a well paying stable job. I'm currently torn between either an older GT such as an '11 or '12, or a new GT ('15), or an older GT500 ('10-'12). As of now, I don't have any insurance quotes, but at the moment with the car I have, my insurance is about $100 a month. On the new GT or GT500, I will be putting down $6,000. On the older GT, I would use that cash for mods. My question is, which should I choose and why? I love both body styles, and the GT's would each be a premium package. I'm pulled towards the '15 because of warranty, but that's 3 years of not much modding.

So which should I choose, and why?


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Old 03-09-2015, 08:52 PM   #2
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Save the money until you complete school. Invest with the downpayment money. Buy your first well-equipped Mustang after having finished school, collected 6 months salary in reserve and started a retirement fund. If you start sinking cash into cars while in school, you are likely starting a trend for yourself. You'll wish you wouldn't have, when you need a downpayment on a house.


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Old 03-09-2015, 08:59 PM   #3
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Currently, after bills and such, I bring in about $2,500 a month in excess. I already have savings started, and the $6,000 is a rough amount that I am estimating from my current vehicle. And to this date, I have no student debt.


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Old 03-09-2015, 09:05 PM   #4
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Which to buy? GT or GT500.

Wahhhhh he's back!!!

What ended up happening with that LS Caddilac or something like that if I remember right?


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Old 03-09-2015, 09:06 PM   #5
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Big bucks for a gt 500 ,a 2013 is around 60k a 2013 gt is going to be less than half of that.

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Old 03-09-2015, 09:08 PM   #6
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Sounds like you should post that first post on a hookup or dating site

The advise on pouring the GT500 payment into a savings fund is the bst advise. You will be glad you did 4 years from now and then get your GT500...
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Old 03-09-2015, 09:09 PM   #7
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Jesus, what do you do for work down there? I was 28 with military background, some aircraft experience and couldn't find **** for pay in San Antonio. It seems unless you're an entrepreneur, surgeon, doctor, or lawyer, it's hard to make any kind of money down there.
Anyhow, I have had over 28 cars and three bikes, all of which I put tons of money into, and I would suggest follow the advice already given; however, if I had to pick, I would go with the GT500 I guess being that you have a really strong starting platform. That's just me. I do like the 5.0 looks the best though.
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Old 03-09-2015, 09:11 PM   #8
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Hey! Someone remembers! I sold the Caddy because it was way too low for the streets of Austin and it wasn't much of a daily driver as you can figure.

The GT500 would be older - '10-'12 so it's about the same price as a '15 GT Premium.


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Old 03-09-2015, 09:11 PM   #9
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Currently, after bills and such, I bring in about $2,500 a month in excess. I already have savings started, and the $6,000 is a rough amount that I am estimating from my current vehicle. And to this date, I have no student debt.


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Poor $2000 of that monthly excess into the bank for 4 years,then you truly independent.
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Old 03-09-2015, 09:12 PM   #10
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Which to buy? GT or GT500.

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Originally Posted by hobo1 View Post
Save the money until you complete school. Invest with the downpayment money. Buy your first well-equipped Mustang after having finished school, collected 6 months salary in reserve and started a retirement fund. If you start sinking cash into cars while in school, you are likely starting a trend for yourself. You'll wish you wouldn't have, when you need a downpayment on a house.


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Or you could buy the most expensive Mustang the bank will give you a loan on, spend the rest of your money at bars on booze and women and have plenty of stories to tell living under the overpass when your 70! But who cares anyway....the end is probably near anyway....


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Old 03-09-2015, 09:13 PM   #11
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Old 03-09-2015, 09:20 PM   #12
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Which to buy? GT or GT500.

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Old 03-09-2015, 09:23 PM   #13
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If you're making that kind of money wait and put a down payment on a GT350...


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Old 03-09-2015, 09:28 PM   #14
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If you're making that kind of money wait and put a down payment on a GT350...


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Sounds like great advice to me! Don't forget to stash some cash for the booze and women! Lol


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Old 03-09-2015, 09:33 PM   #15
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To answer the question...go with the GT500. You will not look back.
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Old 03-09-2015, 09:43 PM   #16
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Is getting the GT500 worth more than having the newest platform with a 3 year warranty? And is it a better that taking an older GT and adding a lot more power to it?


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Old 03-09-2015, 09:44 PM   #17
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Is getting the GT500 worth more than having the newest platform with a 3 year warranty? And is it a better that taking an older GT and adding a lot more power to it?


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If warranty is a concern for you just buy the 15....


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Old 03-09-2015, 09:46 PM   #18
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Which to buy? GT or GT500.

I've never personally dealt with a factory warranty since all my cars have been more than 3 years old. Is it actually worth anything?

Edit: Fixing/Working on a vehicle isn't a problem for me. So any problems with a vehicle that doesn't have a warranty wouldn't be a terrible issue...

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Old 03-09-2015, 09:48 PM   #19
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Since its a new generation I think it would be wise to have the warranty. There's already been one that has burned up and others with issues...
But they are not all like this, like with every new car it takes time for the manufacturer to work out all the unforeseen flaws...


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Old 03-09-2015, 09:59 PM   #20
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Originally Posted by The Great Recon View Post
Since its a new generation I think it would be wise to have the warranty. There's already been one that has burned up and others with issues...
But they are not all like this, like with every new car it takes time for the manufacturer to work out all the unforeseen flaws...


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I'm think it's safe to say the one that burned up was probably the fault of the dealer service dept being as it happened like 10 mins after picking it up from the dealer. This actually happened to me with a brand new Camaro. What they found was power steering fluid was spilled on exhaust manifold and cap was missing for power steering fluid. Engine bay was all burned up car had 3000 miles and They would not give me new car fought it for 6 months and had to accept it repaired or engage in expensive lengthy legal battle. All GM offered me was a 3500 voucher on a new vehicle that had to be presented pre negotiation. Car was never right after that and this is why I now own a Mustang!


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Old 03-09-2015, 10:04 PM   #21
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There's already been a Z06 with a blown engine, and hellcats are being recalled. As I said no matter how many times they test and test things will always come up. Man made it can break...



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Old 03-09-2015, 10:06 PM   #22
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Another point that should be made is my father decided to join the mid-life crisis train and bought a 3LT Corvette that I'd like to show up lol


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Old 03-09-2015, 10:12 PM   #23
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Then you need to get a gt500 or wait for the 2016 gt350. The gt350 will definitely be a game changer. That voodoo engine will be very sought after...


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Old 03-09-2015, 10:17 PM   #24
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Well, the original plan was to get the less expensive GT like an '11 and then throw in power adders along with suspension and gears. Then I test drove a '15... and my options began to grow


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Old 03-09-2015, 10:26 PM   #25
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If you want a 5.4 shelby get the 11 or 12, they have the aluminum block. Believe me you can tell how heavy the 07-10 iron block 5.4 is when you drive it like it should be driven...


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Old 03-09-2015, 10:31 PM   #26
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Buy a 5.0 build the motor spray or boost it and be done with it.

Don't listen to all the say say bull

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Old 03-09-2015, 10:55 PM   #27
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Hey! Someone remembers! I sold the Caddy because it was way too low for the streets of Austin and it wasn't much of a daily driver as you can figure.

The GT500 would be older - '10-'12 so it's about the same price as a '15 GT Premium.


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Yea I was loving that build. I even remember that incident about the tow truck lol


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Old 03-09-2015, 10:58 PM   #28
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That tow truck incident ended up falling through. Even with phone records of trying to reach the manager, photo evidence, and tow truck operator statements, somehow the Allstate attorney lost. If I was Donald Trump, he'd be fired!


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Old 03-09-2015, 11:08 PM   #29
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That tow truck incident ended up falling through. Even with phone records of trying to reach the manager, photo evidence, and tow truck operator statements, somehow the Allstate attorney lost. If I was Donald Trump, he'd be fired!


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wtf I thought you had it in the bag. Damn.


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Old 03-09-2015, 11:11 PM   #30
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That's what you would think... Anyways, I'm back to mustangs now obviously!


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Old 03-09-2015, 11:18 PM   #31
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I think your safe if you go 11-12 GT500 or 13-14 GT. I think you have more options when you go with the 5.0, more used choices ect. I think what you will pay for insurance on a gt500 will be significantly more than the regular gt. You might want to actually check on that first. What you save in that cost monthly you can justify using for power adders on your 5.0
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Old 03-09-2015, 11:22 PM   #32
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The joys of lots of money at a young age. I remember when I used to sell pot too!
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Old 03-10-2015, 01:01 AM   #33
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Get the 2015 GT. Don't worry about adding power save that for later, when the warranty is out then drop a supercharger in it & be done.

In a year, when everyone has gotten used to the new design & suddenly likes it your 2015 will be in fashion.

Also in a year or 2, the "older" GT or GT500 will really start looking old. Its not like you're driving an old beater, but it also won't look like you're driving a brand new car. Where your 2015 GT will look like all the other brand new 2016 & 2017's still coming off the lot.

Point is you'll be happy with the 2015 a lot longer, b/c it will look like a new car AND have that 3 year warranty. If you get the GT or GT500, you're going to start fiddling with it, break it, reduce reliability and also get tired of the "old looks".
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Old 03-10-2015, 08:04 AM   #34
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Buy a 5.0 build the motor spray or boost it and be done with it.

Don't listen to all the say say bull

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Amen brother! Get an auto and put 150 shot on with supporting mods. My dad just bought 15 c7 auto too. The BIG surprise is coming... Lol.
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Old 03-10-2015, 10:03 AM   #35
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Amen brother! Get an auto and put 150 shot on with supporting mods. My dad just bought 15 c7 auto too. The BIG surprise is coming... Lol.
There you go. 150 is fun. Anything over that is alot of fun but **** gets serious

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