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Old 04-30-2016, 12:40 AM   #1
Jkfsu
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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.
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Old 04-30-2016, 01:09 AM   #2
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Which cars and coffee was it?
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Old 04-30-2016, 06:16 AM   #3
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Which cars and coffee was it?
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Old 04-30-2016, 08:01 AM   #4
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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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Old 04-30-2016, 09:21 AM   #5
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Which cars and coffee was it?
Haha I know this is a serious thread, but with that comment I just lost it
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Old 04-30-2016, 09:27 AM   #6
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mustang week
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Old 04-30-2016, 09:39 AM   #7
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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.

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Old 04-30-2016, 09:55 AM   #8
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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.

HAHAHAHAHA daaaang that image is great i love it
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Old 04-30-2016, 10:15 AM   #9
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Hahahaha who would have thought the best comment comes from a Mustang driver.
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Old 04-30-2016, 11:16 AM   #10
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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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Old 05-01-2016, 12:04 PM   #11
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Originally Posted by Jkfsu View Post
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
Damn I took a 50/50 shot and lost. Were you the one where the car ran the red light and hit you?
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Old 05-02-2016, 07:44 AM   #12
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Originally Posted by Netslave View Post
Which cars and coffee was it?
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Old 05-02-2016, 08:03 AM   #13
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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!
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Old 05-02-2016, 11:20 AM   #14
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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!
Good advice but I think you're too late: http://www.camaro6.com/forums/showthread.php?t=450764

Doesn't seem like the OP can wait for much of anything...
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