04-30-2016, 12:40 AM | #1 |
Banned
Drives: 2016 5.0 Join Date: Mar 2016
Location: Miami
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What do you guys think? I have a brand new mustang gt
So I have a mustang gt/pp and I got into an accident the first week I had it. Body was fine but suspension suffered the hit and 12k later I have her back. I'm worried about my car fax ruining the value of the car and possible issues later down the road. So I figured here is my chance to get out of it before the carfax gets reported.
I was upside down from before on another trade but I ended up getting the mustang for 29,750 with 7k I had rolled in from my other trade. The dealer offered 29000 for the stang. Msrp on the 1ss is 39,745 and they are letting it go for 36800. I will put 7k cash up front to get rid of the negative equity on the mustang and end up financing the entire camaro. |
04-30-2016, 01:09 AM | #2 |
GM paint evaluation dept
Drives: Too many to list Join Date: Feb 2016
Location: South East US
Posts: 345
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Which cars and coffee was it?
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Co-owner of Tony the Tiger
- A GM factory custom orange and mosaic black striped 2016 SS 2SS - U̶n̶o̶f̶f̶i̶c̶i̶a̶l̶l̶y̶ Officially the worst Mosaic Black paint on a 2016 Camaro SS 2SS See him here - https://drive.google.com/folderview?...3M&usp=sharing |
04-30-2016, 06:16 AM | #3 |
not afraid of the wall
Drives: Camaros Join Date: Apr 2010
Location: Pittsburgh
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2023 1LE 1SS BCD GCF JF5 MN6 SIA SLN UQT
10/13/22: 1100 Past Camaros: 13 1LE|02 SS|01 Z28|00 SS|91 1LE|91 Z28|89 IROC-Z |
04-30-2016, 08:01 AM | #4 |
Drives: 1987 Z28, 385cid, '16 Camaro 1SS Join Date: Feb 2016
Location: Maryland
Posts: 523
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That's completely up to you. If you like the Camaro better then I'd say do because you'll always wish you did. If you are indifferent between the two cars then I'd say stay with your GT.
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02/23/16: 1100, 03/16/16: 2500 # TGHR6N
03/16/16: 2500, 03/18/16: 3000 TPW : 4/11/16 04/8/16: built & VIN 04/11/16 - 04/28/26 : 4B00 Bayed QC hold, 04/29/16 : 4200 Rail yard '16 1SS 6M, black with jet black interior, split spoke gray machined faced wheels, and black front/rear bowtie emblems. |
04-30-2016, 09:21 AM | #5 |
Drives: 2016 2SS Join Date: Oct 2012
Location: New York
Posts: 282
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Haha I know this is a serious thread, but with that comment I just lost it
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2SS Hyper Blue, Black Wheels, A8, MRC, NPP, Nav, Black Bowties, Black Tail Lights, Black Front Fascia, Rotofab CAI
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04-30-2016, 09:27 AM | #6 |
Toyota Tech
Drives: 2SS A8 Join Date: Jul 2014
Location: Bartlesville, OK
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mustang week
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04-30-2016, 09:39 AM | #7 |
Sarcasm Personified
Drives: 2017 Charger R/T Scat Pack Join Date: Dec 2015
Location: NC
Posts: 459
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Yeah keep rolling the negative equity. No problem with that....make sure to "trade up" to a Corvette next year after you lost $7k+ on the Camaro. Surely begging for a private offer on the forums for $1k is going to help you recoup some of that as well. Maybe you can take the Camaro on the highway on ramp and nail the throttle when the roads are wet. Hopefully we can have another great thread. Maybe trade for a Fiat 500.
And a picture for visual reference to how you're supposed to drive your Mustang. |
04-30-2016, 09:55 AM | #8 | |
Hyper Blue 2016 Camaro 2S
Drives: 16 Hyper Blue2SS NPP MagRide 6M NAV Join Date: Apr 2016
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04-30-2016, 10:15 AM | #9 |
Drives: 2016 2SS Join Date: Oct 2012
Location: New York
Posts: 282
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Hahahaha who would have thought the best comment comes from a Mustang driver.
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04-30-2016, 11:16 AM | #10 |
Banned
Drives: 2016 5.0 Join Date: Mar 2016
Location: Miami
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I am paying the cash difference to offset negative equity. I was not at fault for my accident and I wouldn't be in this predicament of the car hadn't been damaged. The reason for trading is to get out of it before carfax reports the damage and or future problems down the road if any
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05-01-2016, 12:04 PM | #11 | |
Sarcasm Personified
Drives: 2017 Charger R/T Scat Pack Join Date: Dec 2015
Location: NC
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Quote:
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05-02-2016, 07:44 AM | #12 |
Drives: 2016 Camaro 2SS 6SP/Suby Legacy 6 Join Date: Oct 2015
Location: Hyde Park, NY
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TFPK40
Its Here! Finally came home on 3-31-16! Red Hot 2SS,6 Speed, NPP, MRC, Adrenaline Red interior, Silver Rally Stripes, NAV, Sunroof, 56W Split Spoke Wheels, Body color Hood vents, Body color Splash Guards and winter protection package. Ordered 1-28-16: 1100 2-11-2016 :2000 2-15-2016: 3000 TPW of 3/7...That went quick! 2-26-2016: 3400 Status TPW 3/7 3-5-2016 : 3800 3-8-2016 : 4300 3-11-2016 : 4B00 3-15-2016 : 4200 3-22-2016 : 4800 3-29-2016 : 6000! |
05-02-2016, 08:03 AM | #13 |
Drives: 2016 2SS Convertible Join Date: May 2012
Location: St. Louis, MO
Posts: 1,710
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Carfax reporting is completely optional for most police, insurance companies, and body shops. There is a good chance your damage will never show up in a report. I hit a deer with my Avalanche and had to file a claim with my insurance to fix it (deer was uninsured). Years later I ran a Carfax report on it and there were no entries for it. Keep in mind that most dealers put the car on a rack and inspect the car for repaired damage without regard to a Carfax report. If the work was done poorly they will likely spot it. If the work was done well then maybe you are fine to keep the car and enjoy it for years to come.
Only you can decide if the trade is financially responsible and within your budget. Take a deep breath and think this through logically rather than make a quick decision and either way you will be better off in the long run. Too many posts on this forum from people that weren't able to keep their rides because of financial issues. Good luck! |
05-02-2016, 11:20 AM | #14 | |
Drives: Black 2017 2SS Join Date: Jan 2012
Location: PA
Posts: 539
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Quote:
Doesn't seem like the OP can wait for much of anything... |
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