I'll try not to start a rant, but I'm in need of advice.
I currently own a (dark green satin...beautiful color) 99 Mustang v6 auto. It has 65k on it. A few months ago I wrecked it and bent the frame...which has been fixed but still worries me that potential problems could occur. I've really liked my car and have had all sorts of mods I would love to do, but never had the financing to do so. It's current form remains...stock. I owe $5000 on the car, and it's current kelly blue book value is $6,300.
The dilemma.
I recently found a (newly repainted pearl white) 99 Acura Integra GSR 5speed. It has 138,000 miles on it. The GSR comes with features my car lacks such as leather, a sunroof and of course the 5spd (I wish my stang was a standard
). The car was left at a friends shop, and became title 42'd..which becomes the shops property, and they are willing to part with it for $5000. The kelly blue book value for this car is $7,300.
Where I stand.
I've had a blast with my mustang, lots of good times. But I'm concerned about the resale value, and how fast its declining. I've never had any money to mod my car, and if I could sell it and profit...I may have a little money to mod the Integra or get closer to payin it off. I am still reluctant to be a Honda driver...even though it is one of the nicer ones.
Sorry for this being so long, I'm just lost on what to do.
Thanks for your input.
I currently own a (dark green satin...beautiful color) 99 Mustang v6 auto. It has 65k on it. A few months ago I wrecked it and bent the frame...which has been fixed but still worries me that potential problems could occur. I've really liked my car and have had all sorts of mods I would love to do, but never had the financing to do so. It's current form remains...stock. I owe $5000 on the car, and it's current kelly blue book value is $6,300.
The dilemma.
I recently found a (newly repainted pearl white) 99 Acura Integra GSR 5speed. It has 138,000 miles on it. The GSR comes with features my car lacks such as leather, a sunroof and of course the 5spd (I wish my stang was a standard
). The car was left at a friends shop, and became title 42'd..which becomes the shops property, and they are willing to part with it for $5000. The kelly blue book value for this car is $7,300.
Where I stand.
I've had a blast with my mustang, lots of good times. But I'm concerned about the resale value, and how fast its declining. I've never had any money to mod my car, and if I could sell it and profit...I may have a little money to mod the Integra or get closer to payin it off. I am still reluctant to be a Honda driver...even though it is one of the nicer ones.
Sorry for this being so long, I'm just lost on what to do.
Thanks for your input.