Trying to decide what to do????

customstang · 02-04-2006, 09:34 AM

Well I've been wanting to sell my four-wheeler and buy a V8 and all that good garbage for my car, because the insurance on a GT is way too high. Now I have another idea, but insurance is still the problem.

I really like the looks of the 05-06's.... yea so you guys know where this is headed!

I could buy a new V6 Stang and drop the engine/tranny right away, but that would be kinda stupid as it would ruin that nice warranty Ford gives you. I would basically have a V8 Mustang for the same price as a GT, but I wouldn't want to wreck the warranty.

So, if I waited for like a year and bought an 06 or 07 Mustang GT, I could afford it, but the insurance for me is like 3-4 grand a year.

A lot of people on here claim that insurance is not a big deal for the V8's, it's only a little bit more, but mine is really expensive. I'm 16, no tickets or accidents, good grades, and live in Minnesota. Does anyone know of somewhere that I can get cheaper insurance? I really want a new Mustang GT but cant afford the insurance.

If there is no way around the insurace I guess I'll just have to live with putting a new engine in my 2000.

jacliff_3521 · 02-04-2006, 10:46 AM

Got an idea. buy the 05 06 drive it around untill it hits 36,001 then drop the 8 in. 36,000 miles...?.... You can call it The Mustangtunning Forum Roadtrip,or M F R. lol. drive it around take pics, vids. Hey maybe MT will sponsor you if you pass out flyers for their store. they might even throw in a mustangtunning banner for ya. ha ha ha. jk.

customstang · 02-05-2006, 01:51 PM

Could anyone who is 16-18 and has insurance on their GT please let me know how much it costs and what coverage you have? Also, are you the primary driver or is an older person considered the primary driver?

*madmatt* · 02-05-2006, 01:53 PM

I have state farm, full coverage, with good student discount, and steer clear, and I think mines about 125 a month, my folks pay for it...BUT, I PAY EVERYTHING ELSE. So I dont wanna hear any crap...springs...

dannyb785 · 02-05-2006, 01:59 PM

dude....customstang...listen....NOW....

getting a GT will NOT increase your insurance by very much at all.

With that said, of COURSE it will go up slightly bc it is valued higher than the v6, but you NEED to do some research bc saying that GT insurance will kill you shows that you havent even looked into it. Its retarded to put a v8 engine in the sixer. retarded. Even if you have a v8 engine, think about tranny...rear end...and just the overall quality of the car will still be sixer quality. It'd be a little better to put a cobra engine in a GT, but DON'T put a v8 in a sixer body. You'd hafta buy so many other things, and on top of it, you will have zero warranty. When you get the money, trade the sixer in, get a gt or cobra, and just make monthly payments. The money you pay for the engine/tranny swap wil be the extra money you pay to get the gt/cobra anyways.

/thread

Grimmz · 02-05-2006, 02:22 PM

Quote:

Originally Posted by dannyb785

dude....customstang...listen....NOW....

getting a GT will NOT increase your insurance by very much at all.

With that said, of COURSE it will go up slightly bc it is valued higher than the v6, but you NEED to do some research bc saying that GT insurance will kill you shows that you havent even looked into it. Its retarded to put a v8 engine in the sixer. retarded. Even if you have a v8 engine, think about tranny...rear end...and just the overall quality of the car will still be sixer quality. It'd be a little better to put a cobra engine in a GT, but DON'T put a v8 in a sixer body. You'd hafta buy so many other things, and on top of it, you will have zero warranty. When you get the money, trade the sixer in, get a gt or cobra, and just make monthly payments. The money you pay for the engine/tranny swap wil be the extra money you pay to get the gt/cobra anyways.

/thread

Danny your point is well taken, but the truth is, the GT is faster, more expensive and therefore not just more coverage, but also rated worse for accidents... When i got my car my parents looked at the rates for both a GT and V6 and there was a 1200 dollar difference every six months...

MattJ · 02-05-2006, 02:41 PM

I guess it depends where you live. My insurance for a 03-04 cobra was 100 more evey 6 months, and 100 less for a v6.

*Lances03SVT* · 02-05-2006, 02:47 PM

On my 03 GT I pay $59 a month.On the 06 V6 it's $56 a month.Full coverage on both and a $500 DD.

customstang · 02-05-2006, 03:47 PM

Quote:

Originally Posted by Lances03GT

On my 03 GT I pay $59 a month.On the 06 V6 it's $56 a month.Full coverage on both and a $500 DD.

You're also not 16...

Through our policy, a Mustang GT would be 3-4K more per year than my V6. That's why I'm wondering how everyone claims it's only $120 a month.

But maybe it's only $120 a month because the 16y/o isn't listed as a primary driver, and that's fraud...

:banana:

whitethunder46 · 02-05-2006, 04:01 PM

Mine's under my parents name as primary driver. I'm 19, no discount for grades, and pay a lil over 2K a year. With good grades I would save 480 dollars, trust me I know, cuz I use to get that deduction and now I have to pay for it

MattJ · 02-05-2006, 05:07 PM

Quote:

Originally Posted by Lances03GT

On my 03 GT I pay $59 a month.On the 06 V6 it's $56 a month.Full coverage on both and a $500 DD.

you are also an old fart.

floppy · 02-05-2006, 05:26 PM

the insurance isnt more expensive neccessarily because its a gt. its mostly due to the increased price for the brand new gt. if you bought a gt that was a couple years old compared to the v6 of the same year you will not see much of a difference.

customstang · 02-05-2006, 07:12 PM

Quote:

Originally Posted by floppy

the insurance isnt more expensive neccessarily because its a gt. its mostly due to the increased price for the brand new gt. if you bought a gt that was a couple years old compared to the v6 of the same year you will not see much of a difference.

No it's not, I have already talked to the insurance guy. It's because of liability.

That would make my dad's Super Duty's insurance like $10,000 a year.

The rate hike is due to all the idiots in this country who think they need to sue anyone who looks at them wrong.

dannyb785 · 02-05-2006, 07:43 PM

Quote:

Originally Posted by Grimmz

When i got my car my parents looked at the rates for both a GT and V6 and there was a 1200 dollar difference every six months...

were the car compared the exact same years and options? I can see that difference between a 99 v6 and an 04 GT, but it also depends where you live and how your record(and parents' record) is. ALSO, its not true that GT's get in more accidents. Truth be told, most with v8's know the power and respect it while lotsa v6 drivers think their car is the junk and drive it crazy...which = wreck

*Lances03SVT* · 02-05-2006, 07:49 PM

Quote:

Originally Posted by MattJ

you are also an old fart.

Damn that hurt Matt LOL

floppy · 02-06-2006, 06:45 AM

Quote:

Originally Posted by customstang

No it's not, I have already talked to the insurance guy. It's because of liability.

That would make my dad's Super Duty's insurance like $10,000 a year.

The rate hike is due to all the idiots in this country who think they need to sue anyone who looks at them wrong.

it's because of liablilty yeah everyone knows that, but more important is the replacement price of a vehicle. my parents have 2 superduty's and a hummer. guess which one is the slowest? and guess which one costs the most to insure?

but comparing the price of you (16 yrs old) driving a gt to your dad driving a superduty is like comparing apples and oranges.

*madmatt* · 02-06-2006, 06:52 AM

Quote:

Originally Posted by Lances03GT

Damn that hurt Matt LOL

LOL if he didnt say it, I was going to.

Rabbit · 02-06-2006, 07:41 AM

I'm not 16, but I just sold a 98 ranger (4 banger) and insurance was $600 yr full coverage, and my 99 GT is $950 a year full coverage. Those are two complete different ends of the spectrum car wise, and insurance is not that big of a difference!!!!

FritoBandito · 02-06-2006, 07:51 AM

I had an 03 six cyl silverado, a base ass pickup. When I got the GT (2004) my ins only went up 20 bucks per month. Maybe its time to shop around for a new ins company....??

02-06-2006, 09:03 AM

in these new mustangs... a 6 to 8 conversion is just a headache...

exactly what danny is saying is true...

spending all that $$$ to swap in a v8 would cost SO much more than the insurance on a gt

Grimmz · 02-06-2006, 09:39 AM

Quote:

Originally Posted by dannyb785

were the car compared the exact same years and options? I can see that difference between a 99 v6 and an 04 GT, but it also depends where you live and how your record(and parents' record) is. ALSO, its not true that GT's get in more accidents. Truth be told, most with v8's know the power and respect it while lotsa v6 drivers think their car is the junk and drive it crazy...which = wreck

I never said GT's get in more accidents...it's 16-17 yr olds that get in more accidents... so it's a combination of things... And this was the insurance of my 03 V6 to an 02 GT that was on the lot... I live just outside MD in the 3rd Richest county in America...Prices are a lil high for EVERYTHING, just a little...LoL That was with Geico... now we have state farm i think and it's ALOT cheapers somethin like 150 a month for all 3 of our cars...

Rabbit · 02-06-2006, 09:45 AM

OK to settle this once and for all, here is an insurance quote

Comparing a 1999 GT to a 1999 V6.....set up as a 16 year old male, with no tickets and full coverage.

The difference is $505 a year. Only $42 a month, well worth the extra to get the GT.....

V6 Quote:

GT Quote:

floppy · 02-06-2006, 10:22 AM

why does that say ~350 per month for the v6 and ~450 per month for the gt? wait, thats a 6 month policy not a year. thats not a difference of 42 a month.

02-04-2006, 09:34 AM	#1 (permalink)
customstang Senior Member Join Date: Sep 2005 Posts: 263	Trying to decide what to do???? Well I've been wanting to sell my four-wheeler and buy a V8 and all that good garbage for my car, because the insurance on a GT is way too high. Now I have another idea, but insurance is still the problem. I really like the looks of the 05-06's.... yea so you guys know where this is headed! I could buy a new V6 Stang and drop the engine/tranny right away, but that would be kinda stupid as it would ruin that nice warranty Ford gives you. I would basically have a V8 Mustang for the same price as a GT, but I wouldn't want to wreck the warranty. So, if I waited for like a year and bought an 06 or 07 Mustang GT, I could afford it, but the insurance for me is like 3-4 grand a year. A lot of people on here claim that insurance is not a big deal for the V8's, it's only a little bit more, but mine is really expensive. I'm 16, no tickets or accidents, good grades, and live in Minnesota. Does anyone know of somewhere that I can get cheaper insurance? I really want a new Mustang GT but cant afford the insurance. If there is no way around the insurace I guess I'll just have to live with putting a new engine in my 2000.

02-05-2006, 01:53 PM	#4 (permalink)
madmatt Traitor...lol Join Date: Sep 2004 Location: Lexington, SC Posts: 7,929	I have state farm, full coverage, with good student discount, and steer clear, and I think mines about 125 a month, my folks pay for it...BUT, I PAY EVERYTHING ELSE. So I dont wanna hear any crap...springs... __________________ RPMPlanets

02-05-2006, 02:41 PM	#7 (permalink)
MattJ Senior Member Join Date: Dec 2004 Location: Racine, WI Posts: 10,243	I guess it depends where you live. My insurance for a 03-04 cobra was 100 more evey 6 months, and 100 less for a v6. __________________ 2001 Mustang GT Premium - Mineral Grey

02-05-2006, 02:47 PM	#8 (permalink)
Lances03SVT Super Moderator Join Date: May 2005 Location: Carthage, Missouri Posts: 9,244	On my 03 GT I pay $59 a month.On the 06 V6 it's $56 a month.Full coverage on both and a $500 DD. __________________ _______________________ 2003 Cobra SOLD

02-05-2006, 04:01 PM	#10 (permalink)
whitethunder46 Always Detailin' Join Date: Oct 2005 Location: Dayton, OH Posts: 3,556	Mine's under my parents name as primary driver. I'm 19, no discount for grades, and pay a lil over 2K a year. With good grades I would save 480 dollars, trust me I know, cuz I use to get that deduction and now I have to pay for it __________________ supernissans.net 2001 Mustang GT - Saleen Replica - SOLD 2007 Nissan Sentra 2.0S http://www.cardomain.com/ride/3022272

02-04-2006, 10:46 AM	#2 (permalink)
jacliff_3521 Senior Member Join Date: Feb 2005 Location: North Port FL. Posts: 156	Got an idea. buy the 05 06 drive it around untill it hits 36,001 then drop the 8 in. 36,000 miles...?.... You can call it The Mustangtunning Forum Roadtrip,or M F R. lol. drive it around take pics, vids. Hey maybe MT will sponsor you if you pass out flyers for their store. they might even throw in a mustangtunning banner for ya. ha ha ha. jk.

02-05-2006, 01:51 PM	#3 (permalink)
customstang Senior Member Join Date: Sep 2005 Posts: 263	Could anyone who is 16-18 and has insurance on their GT please let me know how much it costs and what coverage you have? Also, are you the primary driver or is an older person considered the primary driver?

02-05-2006, 01:59 PM	#5 (permalink)
dannyb785 Senior Member Join Date: Feb 2005 Posts: 3,176	dude....customstang...listen....NOW.... getting a GT will NOT increase your insurance by very much at all. With that said, of COURSE it will go up slightly bc it is valued higher than the v6, but you NEED to do some research bc saying that GT insurance will kill you shows that you havent even looked into it. Its retarded to put a v8 engine in the sixer. retarded. Even if you have a v8 engine, think about tranny...rear end...and just the overall quality of the car will still be sixer quality. It'd be a little better to put a cobra engine in a GT, but DON'T put a v8 in a sixer body. You'd hafta buy so many other things, and on top of it, you will have zero warranty. When you get the money, trade the sixer in, get a gt or cobra, and just make monthly payments. The money you pay for the engine/tranny swap wil be the extra money you pay to get the gt/cobra anyways. /thread

02-05-2006, 05:26 PM	#12 (permalink)
floppy Senior Member Join Date: Jun 2005 Location: royal palm beach, florida Posts: 1,809	the insurance isnt more expensive neccessarily because its a gt. its mostly due to the increased price for the brand new gt. if you bought a gt that was a couple years old compared to the v6 of the same year you will not see much of a difference. __________________ -Floppy Check out www.MustangGenerations.com

02-06-2006, 07:41 AM	#18 (permalink)
Rabbit Cops Love Me! Join Date: Jan 2006 Location: Winder, GA Posts: 1,491	I'm not 16, but I just sold a 98 ranger (4 banger) and insurance was $600 yr full coverage, and my 99 GT is $950 a year full coverage. Those are two complete different ends of the spectrum car wise, and insurance is not that big of a difference!!!! __________________ Preformance: Flows, MAC o/r H, 3.73 Gears, Pro 5.0, JLT RAI,MM SFC, Eibach Sportlines Looks 5% tint, Chopped Antenna (14"), 35th Aniv. Bezel, White Gauges & A/C Panel, Taillight Blackouts, Mach1 Grill Delete, Mach 1 Pedals, 03 Cobras, Chrome Bumper Inserts, FRPP Shift Knob, Skull Emblem Cover

02-06-2006, 07:51 AM	#19 (permalink)
FritoBandito Married. Join Date: Jun 2005 Location: OK Posts: 1,234	I had an 03 six cyl silverado, a base ass pickup. When I got the GT (2004) my ins only went up 20 bucks per month. Maybe its time to shop around for a new ins company....?? __________________ 2004 OXFORD GT Parts that matter:K&N,O/R-H,Flow 40's,Xcal2,FRPP 4.10s, Bullitt Susp. kit

02-06-2006, 09:03 AM	#20 (permalink)
GREG@94GT Posts: n/a	in these new mustangs... a 6 to 8 conversion is just a headache... exactly what danny is saying is true... spending all that $$$ to swap in a v8 would cost SO much more than the insurance on a gt

02-06-2006, 09:45 AM	#22 (permalink)
Rabbit Cops Love Me! Join Date: Jan 2006 Location: Winder, GA Posts: 1,491	OK to settle this once and for all, here is an insurance quote Comparing a 1999 GT to a 1999 V6.....set up as a 16 year old male, with no tickets and full coverage. The difference is $505 a year. Only $42 a month, well worth the extra to get the GT..... V6 Quote: GT Quote: __________________ Preformance: Flows, MAC o/r H, 3.73 Gears, Pro 5.0, JLT RAI,MM SFC, Eibach Sportlines Looks 5% tint, Chopped Antenna (14"), 35th Aniv. Bezel, White Gauges & A/C Panel, Taillight Blackouts, Mach1 Grill Delete, Mach 1 Pedals, 03 Cobras, Chrome Bumper Inserts, FRPP Shift Knob, Skull Emblem Cover

02-06-2006, 10:22 AM	#23 (permalink)
floppy Senior Member Join Date: Jun 2005 Location: royal palm beach, florida Posts: 1,809	why does that say ~350 per month for the v6 and ~450 per month for the gt? wait, thats a 6 month policy not a year. thats not a difference of 42 a month. __________________ -Floppy Check out www.MustangGenerations.com

02-06-2006, 10:27 AM	#24 (permalink)
Rabbit Cops Love Me! Join Date: Jan 2006 Location: Winder, GA