What would you do

[FX4 SAPPER]

Keep the 03 Ranger FX4 and continue making payments, roughly owe 5k on vehicle, or trade in Ranger for an 04 Cobra (two actually that im considering) and keep my payment roughly the same and get better gas mileage and the car ive wanted for a while. I found these two on Yahoo autos, what do you guys think?
Details of Used 2004 Ford Mustang, Columbia, MO - Yahoo! Autos

and this one.... My favorite color next to Sonic Blue

Details of Used 2004 Ford Mustang, Blue Springs, MO - Yahoo! Autos




My monthly payment wouldnt increase since the price i was originally financed for for my truck was about the same as both, do you guys think i should go for it?
Im stable at work with no possibility for lay offs, (i work for a public utility) and this car is something that ive wanted for a while and im at the point in time where i could actually afford it
http://www.foxytunes.com/signatunes/

 

[Camaro_94]

How do you owe 15K on an 03 Ranger? I just looked up a KBB value on one and its roughly $8000 for one that has 50K miles on it.

 

[FX4 SAPPER]

How do you owe 15K on an 03 Ranger? I just looked up a KBB value on one and its roughly $8000 for one that has 50K miles on it.

whoops, typo i meant 5k I should say that i bought the truck back in 04 with 8k on it so it was basically brand new

---------------- Now playing: Morbid Angel - The Ancient Ones via FoxyTunes

 

[Camaro_94]

whoops, typo i meant 5k I should say that i bought the truck back in 04 with 8k on it so it was basically brand new

Gotcha. lol.

I'd keep it as a DD and sell your 95 cobra for an 03/04 cobra.

 

[Dr. Gonzo]

So you want to get ~20k deeper into debt for something that will only depreciate on you? (Regardless of how awesome of a car it is.)

Pay off the Ranger and save your money and pay cash for a Cobra.

Edit: I just noticed you have a 95 Cobra, too. There is no logical reason to buy another 'toy car' when you already have one and it would mean sacrificing your Ranger. I imagine Missouri gets some shitty weather and that is when the Ranger will come in handy instead of having to drive 1 of 2 Cobras. If you want an 03/04 sell the 96 and put that money towards one.

 

[Longhornd00d]

Your monthly payment might remain the same, but you're tacking on another 3-5 years of payments. Plus the increase in insurance.

I say keep the Ranger, pay it off, and save money to put towards a Cobra later on down the road.

 

[Black Talon]

Keep the Ranger.

 

[WireEater]

REPOST!

http://www.svtperformance.com/forums/road-side-pub-17/661483-what-would-you-do.html

 

[WireEater]

I would pay the Ranger off. Buy a new car when you're actually ready/need one and enjoy NOT having debt.

 

[SLVRBLT]

Keep the Ranger, pay it off and wait it out

 

[97desertCobra]

Pay off the Ranger and keep it as a DD. My DD is payed off, its really nice having a reliable DD that you owe ZERO dollars on. Do you still have the 95 Cobra? If you do you could sell it, use the cash you get from the sale as a good down payment and wait for a good deal on an 03 Cobra. Maybe wait another year or two so you can use the money you get from selling the 95 to pay off the balance on the Ranger and use the rest for a down payment on an 03.

 

[FX4 SAPPER]

Pay off the Ranger and keep it as a DD. My DD is payed off, its really nice having a reliable DD that you owe ZERO dollars on. Do you still have the 95 Cobra? If you do you could sell it, use the cash you get from the sale as a good down payment and wait for a good deal on an 03 Cobra. Maybe wait another year or two so you can use the money you get from selling the 95 to pay off the balance on the Ranger and use the rest for a down payment on an 03.

Yeah im thinking the same thing too. I think i just got bit last night looking around, especially finding a Comp Orange. I own the Cobra and almost own the Ranger. Thanks for the info guys

 

[NoRdO]

or trade in Ranger for an 04 Cobra (two actually that im considering) and keep my payment roughly the same and get better gas mileage and the car ive wanted for a while.

Don't expect to get better gas mileage lol. I went from a 99' ranger to a 99' cobra and my gas mileage went down. The 03/04 cobras get even worse mileage.

 

[FX4 SAPPER]

Don't expect to get better gas mileage lol. I went from a 99' ranger to a 99' cobra and my gas mileage went down. The 03/04 cobras get even worse mileage.

Well, my buddies 04 Coupe which has 550 rwhp still gets 22-23 on the highway, my Ranger doesnt get anywhere near that. I know that has a lot to do with driving habbits but i drive like an old woman