THE 50K CHALLENGE: NEW MUSTANG ON THE WAY, BUT WOULD 50K BE BETTER SPENT ON ANOTHER MARQUE?

https://www.autotrader.co.uk/classified/advert/201711291672594?fuel-type=Petrol&onesearchad=Used&onesearchad=Nearly New&onesearchad=New&price-to=55000&radius=1500&minimum-badge-engine-size=4.0&advertising-location=at_cars&sort=price-desc&price-from=45000&postcode=st87hf&page=2

:D

Though more your cup of tea: https://www.autotrader.co.uk/classified/advert/201711171332332?sort=price-desc&price-to=55000&minimum-badge-engine-size=4.0&onesearchad=Used&onesearchad=Nearly New&onesearchad=New&price-from=45000&advertising-location=at_cars&fuel-type=Petrol&radius=1500&postcode=st87hf&page=3

As my honest answer; Just get the Mustang. Nothing has the speed, presence and general performance for the money. You get to mod to make it your own far easier too.

If it were me though, I'd go C63 because I'd prefer to be in nicer refined place over the the lary looks and the "Jesus Christ what's that orange beast coming down the street!"
 
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What sort of power is the golf running at then/ what other mods have been done to it?

Catted downpipe, panel filter, ECU & TCU remap, it made 370HP / 390lb/ft, cost £1200 to do so amazing bang for buck tuning performance. :)


I think Gibbo's main issue will be finding something significantly faster and more stable than a modified Golf R for his budget.

The Golf's point to point performance is simply amazing, I've owned some nice cars but nothing would live with this point to point on a country lane, on a track it would be different but as a road car its about as good as it gets.
If I could get a car that can get within 90% of the Golf point to point I've be over the moon as for me the golf lacks presence, theatre and some playfulness so faster is not a priority, I'd sacrifice some low down acceleration for better top-end thrills, the Golf is quick up top but so seamless once your in 4th gear the rush is over and it just feels flat, though it pulls to 130 very fast, not being any quicker in it yet, but I suspect it will pull to 160 pretty easily.
 


You see that is the one strength something American has over me, I can mod it, truly make it my own and truly love it and want to keep it.

That is my slight worry with an F-type, can't particular do much modding wise to it and probably would not as Jaguar do not strike me as the friendly company when it comes to modifications and when things break on a 100k car, wallet gets destroyed quickly. But I do love the F-type and I never see them on the road and yesterday driving around in that F-type I had two completely randoms whilst I was driving start chatting to me. One was a guy at some traffic lights, who said I've seen a few of these before, but never one driven like that, well done and kudos to you for pushing it and it sounds amazing mate. The second was a young girl who could not get over how gorgeous and sexy it was and just wanted to ask about the car. It got a lot of attention on the road, but it also seem to create some jealousy amongst a couple of drivers or they just did not approve of the pops and bangs which I became addicted to doing.

Going to get myself in an AWD V8 as soon as I can, if it can put power down, feels more stable at higher speed and properly feels like its accelerating hard will be hard for me not to get one, but I've said to myself in order to really want to keep the car it has to be in a good colour as such firesand orange, electric blue or maybe white, though not convinced on white but it does seem to work on F-types. :)

I did really love the thing I hated at high speeds, but was how playful and progressive the chassis was at low speeds, if the AWD model keeps some of that character but more stable at speed, well that makes it a great fun road car and quite a capable one.
 
Mclaren 3.1 seconds to 60. Meow

This might sound crazy, but you will notice the crazy super car stuff does not really interest me, maybe its because I am still under 40, maybe something like that will be my mid life crysis, who knows but at the same time I don't want crazy finance because I often go away for holidays and party pretty crazy haha and having a huge chunk of my income tied up in car finance I do not like the idea off.

I will admit I do like Mclaren but I don't really see myself in one if that makes any sense. It is like I look at GTR and I think that car pretty much ticks every box for me, but for a reason I cannot really pinpoint I don't wish to buy one even though I really like them.
 
Verging on being common as muck down here :(

Don't see many Mustangs, F-types or 911's up here on my trips. See lots of Golf R's, Focus RS, Boxsters, C63 AMG's, A45 AMG's, TT's, XFR's and even odd Mclaren and nearly all are in boring colours apart from the Focus RS, plenty of green and blue ones around here.
 
But... GT3

Yes, got a lot of thinking to do, maybe do as some say, hold onto the Golf for longer and then just buy something crazy or the car I truly want, GT3.

I suppose with a GT3 I could even let the M3 go, though the idea of letting M3 go is not something I really wish to do.
 
Yes, got a lot of thinking to do, maybe do as some say, hold onto the Golf for longer and then just buy something crazy or the car I truly want, GT3.

I suppose with a GT3 I could even let the M3 go, though the idea of letting M3 go is not something I really wish to do.
Why don't you do what most people do.... save up for a year or so, then you have the money to buy a GT3 outright whilst keeping the M3 and the Golf

You have virtually no outgoings, no mortgage, no rent etc. Should be easy for you to save.
 
Yes, got a lot of thinking to do, maybe do as some say, hold onto the Golf for longer and then just buy something crazy or the car I truly want, GT3.

I suppose with a GT3 I could even let the M3 go, though the idea of letting M3 go is not something I really wish to do.

Seeing as you know what car you want... that's your answer.

£50k down and being a homeowner will easily get you into a GT3 right now if you wanted... my lack of home ownership is the reason I'm not in one now :(

I'd get rid of the gold but keep the M3... it's good to have a track toy, even if the main car is a GT3.
 
GT3 for me has to be yellow or orange and a 991. Found a yellow for 125k, but 125k, jesus christ over 100k on a car, the only upside is probably not lose any money, but the thought of spending more than 70k I did not like, the budget just went up another 50k, cannot really stomach that.

I don't know maybe I just like buying a car and actually knowing it is mine, I own it, no one can take it away, the idea of having nearly 50% of a car on finance seems crazy, the idea of spending more than £500 a month also seems totally crazy. Ah maybe, its not a impulse decision need to think.

I am annoyed at myself really for being so picky with cars, but its gotta be something I love, right colour, right performance and fun to use daily in all driving circumstances.
 
They do reasonable balloon payment options.

£50k down, £50-70k balloon means you will be left with a small monthly.

Less than £500/month for that sounds possible.

And if that’s your dream car, even if you can buy other things outright with cash, it will still be a compromise and you’ll be wishing and waiting to get the gt3 you could have afforded already.
 
They do reasonable balloon payment options.

£50k down, £50-70k balloon means you will be left with a small monthly.

Less than £500/month for that sounds possible.

And if that’s your dream car, even if you can buy other things outright with cash, it will still be a compromise and you’ll be wishing and waiting to get the gt3 you could have afforded already.

Never done that.

So say I got a GT3:

50k down, I pay 3yr £500 a month and then I owe £60k 3yr later. What happens if I just want it gone and don't want another Porsche. Do they just have the car back and I get ZERO, or if I have 70k in the car and it is still worth what I paid, do I get my 70k back?
 
50k down, I pay 3yr £500 a month and then I owe £60k 3yr later. What happens if I just want it gone and don't want another Porsche. Do they just have the car back and I get ZERO, or if I have 70k in the car and it is still worth what I paid, do I get my 70k back?

They sell it at roughly market rate and you get the difference.

Basically its a bit of a gamble as to how much the car is worth and if youll be in negative equity depending on how much the car depreciates.

Eg if its 100k car new
10k down
3 years of 10k
60k balloon

If the car depreciates from 100k to 60k, you get nothing back. Or you pay the 60k and keep the car. If the car goes below 50k, you DONT have to make up the difference.


Other example (just using a low depreciation car)

GTR for 50k
10k down
3 years of 10k
10k balloon
Car depreciates to 40k

At the end of the loan you pay 10k and keep the car, or, sell the car and get 30k cash.

Its a cheap way to get yourself in a nice car, but its an expensive way of taking finance as you are paying interest on that balloon sum which you arent reducing.
 
Never done that.

So say I got a GT3:

50k down, I pay 3yr £500 a month and then I owe £60k 3yr later. What happens if I just want it gone and don't want another Porsche. Do they just have the car back and I get ZERO, or if I have 70k in the car and it is still worth what I paid, do I get my 70k back?

At the end of the agreement you can:

a) Hand the car back and walk away. Nothing to pay, nothing to receive
b) Pay the optional final payment and own the car
c) Trade the car in for another (This is basically b, only the dealer does b).

So in your example where you want out completely you'd have two choices - walk away and hand the car back and get nothing, or purchase the car from them by paying the optional final payment. You could then resell it if you wanted to, which is how you'd access any equity there might be in the car.
 
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