FINANCING A 2022 MUSTANG GT AT 20!!! HOW MUCH I PAY...

[@chrisrstt]

63k for a mustang is crazy

[@JovanyDavila]

Fr but🤷‍♂️ fully loaded

[@joshfde]

not really especially with inflation rn

[@XxGEniSiS]

@@joshfde there’s a 2019 gt350 blacked out, fully loaded, 5k miles on it for 59,900

[@joshfde]

@@XxGEniSiS link?

[@dz_gt500]

@@XxGEniSiS Right there’s Gt350s for less than 60k

[@Spencer50]

Nice car bro. 👍 But damn 70k for otd price is crazy high. My 5.0s msrp was around 45k in early 2021 and lowered it down to 38k with 0% apr ford finance. Enjoy your car bro

[@alexanderperisteris47]

Nice car bro it’s crazy bro I just got my mustang and im also 20 glad to see more young ppl being successful and a little advice idk if u have looked into it but join a credit union bro that’s the best thing u can do for ur interest rates and getting approved for cars in the future

[@JovanyDavila]

Thanks and congrats to you

[@OpticBooty]

Did you have a co signer or no co signer when u got yours, I’m 22 and currently with a credit union bank. How much you think is a good amount to put down?

[@SethKolbePrefect]

My base 10 speed 5.0 was 38k in 2021. I do wish I had that dash, the leather seats, the premium wheels, and the dual climate control though. Wish there was an easy way I could add that stuff to my mustang. At the time I was just so excited to have a 5.0 that I didn’t really think about the little features

[@speedflash7728]

Nice car but I don't think you made the right financial decision. Saying you had a co-signer already tells me you weren't ready to buy that car. Not to mention the over 300 for insurance and you decided to pay another 150 to keep it in a garage. I think you should have bought a condo or a small house. You can buy a house with that monthly payment. I bought a new 22 gt fastback for 37k at 1.9 apr and 130 for full coverage with me being 24 years old.

[@degen9300]

he'll learn! LMAO

[@saltybulldog3241]

Yeah really dumb paying this kinda money and putting yourself into major debt at such a young age.

[@FugaConManolo]

better to learn your lesson at 20 than at 50. @@saltybulldog3241

[@bigmikecastle]

So dope man! 450 horse power still sick, why did you take off the brace strut tower, I love that. The shield cover is whatever, but the struts is fire. Enjoy the care in health!!!

[@george4u1960]

Beautiful car but you can tell you're young. If you had a cosigner that means you're not getting any credit for it.$900 a month is too much. You should have look for a used one. As soon as you drive off the lot the car depreciate it about 10 grand.

[@quinnjim]

The MSRP sounds really high. They are selling GT Premiums for high 40's around me right now. $1,000 car payments on a Mustang seems really high. I'd recommend saving up and buying the car when you can afford it. That payment combined with over $300 per month for insurance is really crazy. I'm old, so my insurance was only $80 per month (on my 2023 GT Premium in Grabber Blue).

[@Hanmura_]

yeah no kidding. 1300 a month plus 4/5 tanks of gas a month is an extra 200. He's easily paying $1500+

[@TheNORegretShow]

Congratulations. Welcome to the Ford family.

[@bigmacmach1185]

Dude, 1300 a month between your payment and insurance?? I know it's your dream car, but sell it, save your money, and you can get what you want later when it's not so insanely high. Plus, you are storing it for 6 months? I don't know your situation, but this whole thing can handcuff you. I own a Mustang. I love em, but that's just my opinion and advice with all due respect.

[@American_Gunpla]

THIS!! You're paying a MORTGAGE in monthly payments. Sell it and buy used for now.

[@JovanyDavila]

It’s snows where I live that’s why it’s in storage not weather for cars

[@unkepts10]

I got my 2020 mustang gt premium performance package with 5k miles for 38k at 21

[@joshfde]

got my 5.0 at 20 as well yungins up 💸

[@disrrptwtf]

Same I just got mine I’m 19

[@OpticBooty]

With or without co-signer

[@joshfde]

@@OpticBooty all cash

[@carlos5.079]

Congrats bro 🎉

[@lzxomb1853]

It’s been a year and bro still owe like 50k for a 22 gt😭

[@John_Guevarra]

Bro ill be getting mine next week. How much down payment did you give? And 1k a month?

[@5.0trey5]

I have the 2019 mustang gt pp1 shadow black. Nice car bro

[@JovanyDavila]

Thanks

[@Carlos-ks4ru]

how much do u pay fof insurance??

[@FastLifeYuno]

congrats

[@george4u1960]

That tire in the front is a 255 40 not 275. 275 40 is in the back.

[@dxnes5067]

dope car man. take care of it!

[@JovanyDavila]

I will

[@gamalielescobar3564]

What was your credit score at the time?

[@christopherwest285]

60k for a gt Mach 1 are that price they played you bad that sucks

[@israelgarcia8770]

Crowd killer

[@JovanyDavila]

Doo you either in the car or in the crowd😭

[@alexvaldez7317]

Congrats bro !

[@JovanyDavila]

Thanks appreciate it

[@anthonyventura6763]

my base model brand new 2021 was 640 a month

[@melonmuncher5628]

hit legs get big cheeks

[@JovanyDavila]

😂

[@Mustangsally2023]

Premiums loaded are going for 45-50 around here.

[@masonmackey6270]

Where is at they are 56-64

[@Red5.0]

Ima go pick one up for 43 tomorrow

[@masonmackey6270]

The one I ordered is 57k

[@Red5.0]

@@masonmackey6270 performance package ?

[@masonmackey6270]

@@Red5.0 yea performance package 401a recaro seats magnaride premium floor liners

[@skubanickproductions8996]

L camera man

[@JovanyDavila]

W camera man

[@adrianmiller5281]

Jeezus. I paid 32 for a base 18 with 1k miles. @low_5oh These are not worth 60k I’ve driven plenty of PREFORM PACKs same power

[@cormaro13]

Definitely got ripped off lmao, you have 2022 gt premium with the all the packages going for 45k right now and you were too stupid to get ppf, enjoy all those rock chips 🤣

[@choppaextended2487]

People act like this is so unrealistic it’s really not I bought myself a 350Z at 17 and paid it off cash same day I’m on to better things now at 20

[@True.Jonathann]

So cool …

[@octane8872]

You really comparing a 350z to a new mustang gt lol

[@jaycamacho8179]

My man said a 350z… lmao

[@MoreMotionn]

Comparing a 6k car to a 60k car lmaooo

[@stin8200]

Got my gt on nov last year came out to 55k pay 800 a month I’m 19 20 in October 🥲

[@nolxst]

how much down?