possibly selling the SC GT !!!!

[GTP534]

Frank,

I would say sell it off and reduce your mortgage.

You don't know what might be coming out of FPV, especially in view of the uncertainty of post 2016, and you'd be well placed to take advantage of something which might tug your heart strings at that time.

Would be a shame to see the white GT go though as every Friday I see your wife giving it TLC and know how well she keeps it!! (Truth is she'll probably lavish the same care and attention on a WRX!)

[gtfpv]

Originally Posted by GTP534

Frank,

I would say sell it off and reduce your mortgage.

You don't know what might be coming out of FPV, especially in view of the uncertainty of post 2016, and you'd be well placed to take advantage of something which might tug your heart strings at that time.

Would be a shame to see the white GT go though as every Friday I see your wife giving it TLC and know how well she keeps it!! (Truth is she'll probably lavish the same care and attention on a WRX!)

that is a true statement in every respect mate cheers . we'll have to see if she likes the job 1st , she was transferred without option . theres always the chance she may not like the job , and move on .

[FPVS3]

Originally Posted by gtfpv

Wife has new job , where she can lease vehicles which willl be replaced every 6 months , anything from a barina to a BMW . I wont go into details but lets just say its a pretty good offer , imagine leasing and updating every 6 months for less than the cost of buying .
to put it blatantly we may sell our 2011 GT PURCHASED UNDRIVEN IN FEB 2012 SC 6SPD AUTO WITH STRIPES TINTS AND LEATHER , 17,000KMS CONCOURSE CONDITION . STOCK AS A ROCK .
UNSURE WETHER I CAN PART WITH IT YET , BUT THE THOUGHT IS THERE .

"UNSURE WETHER.............." A wether is a ram (sheep) with no nuts which is how you might feel if you sell the GT mate.

[XB GS 351 Coupe]

Originally Posted by pottery beige

yep, unless you can right it off in tax, dont mind burning cash or plan on keeping it forever... new cars suck...

Here is another one

Is it right it off??(as in opposite of wrong) Or may be write it off

[pottery beige]

wow..

[DJM83]

Originally Posted by pottery beige

wow..

Agreed. This isn't a spelling or punctuation contest.

[VICFPV]

Her car her choice.

Let me guess she will be working for Suby and has option of taking new subies every 6 months and then it gets auctioned to the dealers.
Just remember the grass is not always greener on the other side.

[Stefan]

Originally Posted by gtfpv

to lease the WRX @1.1% P/MTH IS $125/WK + PETROL $60 . we dont own it , but every 6 months a new WRX comes into our possession , the car never gets old .

You get a $50K WRX, make 26 payments of $125 which totals $3,250 and then the lease company is going to give you a new $50K WRX?

Seems legit.

[XB GS 351 Coupe]

Originally Posted by Stefan

You get a $50K WRX, make 26 payments of $125 which totals $3,250 and then the lease company is going to give you a new $50K WRX?

Seems legit.

Was actually thinking the same thing.

And really why would you want another one in six months?? The first one would hardly be run in, and would still be brand new. I don't think I would want another car every six months.

Originally Posted by DJM83

Agreed. This isn't a spelling or punctuation contest.

Really? Who mentioned contest?? Third grade spelling never goes out of fashion, my 8 year old knows the difference between right and write.

[gtfpv]

Originally Posted by XB GS 351 Coupe

Was actually thinking the same thing.

And really why would you want another one in six months?? The first one would hardly be run in, and would still be brand new. I don't think I would want another car every six months.



Really? Who mentioned contest?? Third grade spelling never goes out of fashion, my 8 year old knows the difference between right and write.

spelling doesn't pay my bills mate i'm not worried that my spelling isn't the best , when your 8 year old succeeds like i've succeeded , perhaps you can compare us then , for some other reason besides spelling . i suggest you just hit the Block posts option if your offended and go and take the **** elsewhere .

[pottery beige]

Originally Posted by XB GS 351 Coupe

Here is another one

Is it right it off??(as in opposite of wrong) Or may be write it off

....

Maybe = perhaps

May be = is possibly

....

[DJM83]

Originally Posted by XB GS 351 Coupe

Really? Who mentioned contest?? Third grade spelling never goes out of fashion, my 8 year old knows the difference between right and write.

[Silver Ghia]

Originally Posted by gtfpv

hahahah , couple of things , wifes job does not pay Amazingly well , it's an hrly rate .......
but they dont sell GT's , options are wrx's and a few others infact only subaru , is what i'm hearing now . which is looking a little less attractive than it was at 1st .

gtfpv, are you sure its not a job as a ming mole at a subaru dealership? Sounds like it.....

But back to the subject and more seriously, certainly don't do anything until she is settled in well and likes the job. But what people would think when she drives in and parks the GT every morning at Subaru? Maybe she will get given the Rex .

Originally Posted by gtfpv

.....we'll have to see if she likes the job 1st , she was transferred without option . theres always the chance she may not like the job , and move on .

[flappist]

Yes back to the topic please.

[Stefan]

So we've gone from leasing anything you want to now just Subarus? Is the job for a dealer?

Is it a lease or the use of a demonstrator to take home which is probably not your choice of car but whatever is kicking around at the dealer?

[pottery beige]

Scoobaru is a total gamechanger.. lovely car for the wife to drive Frank..

keep the GT.....

[gtfpv]

we'll just see how it eventuates , there is always the option of selling the xr6 instead and keeping the GT , Though thats the more costly option it's still an option , we went for a family drive in the gt today , even though it was on cruise control most of the way , those little squirts on overtaking and instant throttle response , v8 note , supercharger and presence of the GT are to die for if your a ford enthusiast , i even passed a REX . and having owned a ba gt and trading on a new GT , i can say maybe selling a gt and not having one at all , could bring regrets , good reading peoples opinions though aside from people who worry about spelling mistakes of course .

[Rodge]

Originally Posted by gtfpv

i'll explain it simply , but all points mentioned here are valid . lets say our car is worth 50 grand . we have a mortgage all be it not a big one . it's tagged onto our mortgage then right , so technically we own the GT .
We now have an opportunity to lease a 50k car a WRX . So we sell the GT . PUT 50K into the mortgage , which means 100% home ownership in a couple of years .
to lease the WRX @1.1% P/MTH IS $125/WK + PETROL $60 . we dont own it , but every 6 months a new WRX comes into our possession , the car never gets old .
as a comparrison , our GT COSTS $100 /pwk petrol plus $60 costs . and our mortgage is 50 grand higher .
i told my wife i dont mind either way . I'm not the daily driver of HER GT . therefore the only time i drive it is NEVER , unless we go out on weekends , the rest of the time it sits on the M4 in traffic on the way to and from her work or goes to school and shops .

I think its only natural to sometimes wonder if the grass is greener on the other side of the fence, selling my GT-P has crossed my mind so you're not alone in sometimes pondering if its worth it when lets face it, they drink like a fish and if you use them in a commuting role there's a lot of unnecessary fuel going down the spout.

On the other hand, your mortgage sounds like its at quite a reasonable level, you've got two incomes and you're 44 years old so there's plenty of time to finish paying off your mortage.

Sounds like you don't get to drive it all that often ? Maybe this is your opportunity to change that ?

Think back to the reasons you bought it in the first place, spend some time with it, give it a good polish and take it for a really good long blast...then ask yourself if you really want to let it go, after all...if you work hard doesn't a hard working man deserve a good car ?

Then there's the reality that the first two years of a car's life you cop a serious depreciation belting...why hand someone else a bargain ??

[GQ_Smooth]

If selling the GT allows you to pay off your house in 2 year and subsequently purchase what will "potentially" be the last Falcon FPV's, I'd do it.

[MercurySilver]

Originally Posted by superpursuit83

Why would you tag an 80k car onto your mortgage? Cost a bucketload in the end.

really?
wouldnt it depend on how much the mortgage is?
how much is left on it?
the interest rate?
if you are locked in?

if you had a 400 grand mortgage it wouldnt be wise would it??
but if you had a 180 grand mortgage the repayments would be less than paying some rent prices in my area

or
you could try getting a personal load for the car.....and pay around 14% interest

[Bare.Foot]

Originally Posted by MercurySilver

really?
wouldnt it depend on how much the mortgage is?
how much is left on it?
the interest rate?
if you are locked in?

if you had a 400 grand mortgage it wouldnt be wise would it??
but if you had a 180 grand mortgage the repayments would be less than paying some rent prices in my area

or
you could try getting a personal load for the car.....and pay around 14% interest

Off topic:

5% interest over 25 years paid on $80k is approx $60k over the life.
15% interest over 7 years paid on $80k is approx $50k over the life.

The game changes if you pay extra obviously.

The home loan route increases your monthly payment by ~$450
The personal loan route calls for a monthly payment of ~$1500

If you took the home loan route, but paid the $1500 per month instead of the $450, then you'd be in front by a long way.

[Mr Hardware]

if you're paying double digit interest for a secured personal loan then you're doing it wrong

[GQ_Smooth]

Originally Posted by Mr Hardware

if you're paying double digit interest for a secured personal loan then you're doing it wrong

Motor Finance Wizard said YES!!