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Anonymous
Anonymous asked in Cars & TransportationBuying & Selling · 1 decade ago

Is this a good car for my 16 year old?

My son turned 16 a few months ago and has been driving a 2007 Mustang v6 coupe that my wife bought for the weekends. He found a car that he liked at a local dealership and I am considering trading in the Mustang for it.

The car in question is a 1999 Mustang GT Convertible

54k miles

White leather

Red Exterior

White Top

Cobra Rims

Stock Engine

Flowmaster Exhaust

They are asking 12,500 for the car and I have had our Mustang appraised at 13,500 for trade in value, however we owe a little less than that on it. Would this be a good decision in the long run, and would this be cheaper on insurance, payments, etc?

Update:

so I have looked up the Kelly Blue Book price and the Edmunds price. They are both saying around 8-9k for the car. If I offer the dealership this and they accept, is this a good enough deal to justify the trade?

I trust my son with the bigger engine, and he has proved himself with good grades in school, so I want to reward him.

11 Answers

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  • Anonymous
    1 decade ago
    Favorite Answer

    Well, I would just say, why don't you just give your son the current mustang you have since it is a newer model and rule of thumb for all car buyers never but the first year of a new model such as the 1999 Ford Mustang GT. I would really just give him the 2007 Ford Mustang comes with more safety features, and more of a retro style. Convertibles will have costly repair bills if the hydraulics break, convertibles will usually weigh more than a coupe and the chassis has less structural integrity and not to mention they are easier to break into or vandalize. The HP between the GT and V6 is just different by 30 and I really think your son will be happier with the 2007 Ford Mustang but then again I do not know your son's likes and dislikes about the car he currently drives. Also there are better choices for a car, here is a list of cars around 10,000:

    Used Cars For Around 10,000:

    2005-2009 Ford Mustang V6/GT (RWD 0-60 5.5-6.8 sec)

    1990-1996 Nissan 300zx Twin Turbo (RWD 0-60 5.9 sec)

    1995-1999 BMW M3 (RWD 0-60 5.4)

    2000-2005 BMW 3 Series (RWD 0-60 7 sec) (#5 Best Buy for Used Car)

    1995-2001 BMW 7 Seres (RWD 0-60 7.9 sec)

    2003 Infiniti G35 Sedan (RWD 0-60 5.9 sec)

    2000-2005 Lexus IS 300 (RWD 0-60 7.4 sec)

    2000-2007 Mercedes C-Class (RWD 0-60 6.8-8.9 sec)

    2000-2003 Nissan Maxima (FWD 0-60 8.3 sec)

    2007-2008 Dodge Caliber (FWD 0-60 8.8 sec)

    2003-2005 Dodge SRT-4 (FWD 0-60 5.6 sec)

    2006-2007 Chevrolet Cobalt SS SuperCharged (RWD 0-60 5.7 sec)

    2003-2007 Honda Accord Sedan/Coupe (FWD 0-60 7.5 sec)

    1990-2003 Mazda Miata (RWD 0-60 8.3 sec)

    1998-2000 Chevrolet Camaro Z28 (RWD 0-60 5.6 sec)

    2003-2005 Honda Civic Si (FWD 0-60 6.7 sec)

    2003-2008 Toyota Corolla Type S (FWD 0-60 9.7 sec)

    2003-2005 Infiniti G35 Sedan (RWD 0-60 6.7 sec)

    1989-1996 Acura Legend (FWD 0-60 8.3 sec)

    2004-2005 Acura TL (FWD 0-60 5.7 sec)

    2005-2007 Dodge Magnum (RWD 0-60 7.8 sec)

    2002-2005 VW Passat (FWD 0-60 7.5 sec)

    2005-2008 VW Jetta (FWD 0-60 7.8 sec)

    2005-2007 Ford Focus (FWD 0-60 7.9 sec)

    2005-2006 Acura RSX Type-S (FWD 0-60 6.7 sec)

    1980-1982 Chevrolet Corvette (RWD 0-60 8.7 sec)

    1998-2002 Chevrolet Camaro Z28 (RWD 0-60 5.4 sec)

    1988-1992 Ford Mustang 5.0 (RWD 0-60 5.9 sec)

    2001-2004 Volvo S60 (FWD 0-60 7.3 sec)

    1996-1998 Audi A4 (FWD 0-60 8.4 sec)

    2006-2007 Mitsubishi Eclipse (FWD 0-60 8.3 sec)

    1998-2007 Ford Crown Victoria (RWD 0-60 8.7 sec)

    1997-2003 BMW 5 Series (RWD 0-60 ?)

    1994-2001 Volkswagen Golf (FWD 0-60 8.2 sec)

    1999-2003 Acura TL Type-S (FWD 0-60 6.5 sec)

    2000-2004 Honda S2000 (RWD 0-60 5.7 sec)

    2004-2005 Pontiac GTO 5.7 (RWD 0-60 5.3 sec)

    1994-1998 Ford Mustang Cobra (RWD 0-60 6 sec)

    1999-2004 Ford Mustang GT/Mach 1/Bullitt (RWD 0-60 5.8-6.3 sec)

    1992-2000 Lexus SC 300/400 (RWD 0-60 5.9-8 sec)

    2003-2006 Hyundai Tiburon (FWD 0-60 9 sec)

    1998-2002 Honda Accord Coupe (FWD 0-60 6.9-7.6 sec)

    1997-2002 Honda Prelude (FWD 0-60 7.6 sec)

    1997-2004 Porsche Boxster (RWD 0-60 6.9 sec?)

    2000-2006 Mercedes-Benz CL Class (RWD 0-60 I think 6.8 sec)

    2006 Dodge Charget 2.7L V6 (RWD 0-60 9 sec)

    1991-1999 Mitsubishi 3000GT Base/VR4 (RWD/AWD 0-60 5.8 sec-7 sec)

    2002-Up Jaguar X-Type (RWD 0-60 8.1 sec)

    2000-2004 Jaguar S-Type (RWD 0-60 6.2 sec)

    2004-2006 Scion xB (FWD 0-60 8.5 sec)

    1992-1996 Jaguar XJS (RWD 0-60 6.7 sec)

    1995-1998 Nissan 240sx (RWD 0-60 8.1 sec)

    1984-1996 Chevrolet Corvette (RWD 0-60 4.7 sec)

    1993-1994 Infiniti J30 Base/Touring (RWD 0-60 8.7 sec)

    2000-2008 Mercury Grand Marquis (RWD 0-60 9 sec)

    2003-2007 Cadillac CTS (RWD 0-60 7.8 sec)

    1999-2006 Toyota Solara (FWD 0-60 9.2 sec)

    2008-2009 Mitsubishi Lancer DX (FWD 0-60 9.4 sec)

    2002-2006 Nissan Altima 2.5/3.5(FWD 0-60 6.7-8.9 sec)

    2004-2006 Nissan Sentra SE-R (FWD 0-60 5.8 sec)

    1989-1994 Nissan Skyline (AWD 0-60 6.7 sec)

    2002-2005 Subaru Impreza WRX (AWD 0-60 6.9 sec)

    2002-2006 Toyota Camry LE/SE/XLE (FWD 0-60 7.2-8.7sec)

    2000-2006 Audi TT (FWD 0-60 7.8 sec)

    1999-2002 BMW M Coupe (RWD 0-60 5.2 sec) (#3 Best Buy for Used Car)

    2002-2004 Ford SVT Focus (FWD 0-60 7.4 sec) (#1 Best Buy for Used Car)

    1999-2005 Mazda Miata (RWD 0-60 6.5 sec) (#6 Best Buy for Used Car)

    1999-2005 BMW 3 Series (RWD 0-60 6.3-10 sec) (#5 Best Buy for Used Car)

    AND MANY MANY MORE!!!

    HOPE THIS HELPS!!!

  • 1 decade ago

    Why would you trade a 2007 Mustang for 1999 Mustang? That makes no sense at all.

    The GT would be much more expensive to insure based on the larger engine and the potential to wreck it is much higher.

    There is no way I could ever justify that trade.

  • Anonymous
    1 decade ago

    Your trading in a Newer Prob Cleaner car and a gas saver for a 10 year old car that could kill ur son and a gas guzzler yea good call on that and ill have fun riding around in my new 07 v6 mustang coupe while u visit ur son in the ER

  • Anonymous
    5 years ago

    I would go with a Honda or Toyota in that price range. The newer Fords are good but older ones are JUNK same with Chevy and Dodge/Jeep. If you can get something from 2000+ in those makes they are ok. My mom has a 96 passport with 150k and it still runs great and she has never had any problems with it. I have many friends that have mid 90s Toyotas and they never have problems with em. I have also worked at a car lot and a car wash where I talked to many people about their vehicles and alot of people said they had very few problems with the Toyotas and Hondas. Also try looking at Lexus or Acura suvs, I always liked them. A few other favorites of mine were the Porshe Cayenne and the Newer Jeeps

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  • 1 decade ago

    Ummm I don't know if thats a good decision...something that fast for a kid is not that good. I had a friend STRAIGHT A's, he got a new Accord, crashed it 3 months later, got a New Mazda 6, crashed it on my friends birthday with 3 passengers in the car. He was crazy about cars, tried to race every single guy he saw.. LOST A LOT OF MONEY! Stick with something safe and reliable..why not just get him a safer car and give the difference of the money to him? Or buy him a laptop, game system, TV...

    Not to mention his insurance will be HIGH

  • 1 decade ago

    ridiculous car for a teenager any mustang especially a V8 is a bad idea for a young person trust me on that. Makes em drive stupid for no reason Better car is a 1990-1993 Mercedes Benz 190 E 2.3 nice VERY safe VERY reliable cars and get great gas mileage 35+MPG if you take care of them right and you can get em between 2000 and 5000 usually

    Source(s): Mechanic 15 years
  • Anonymous
    1 decade ago

    What kind of parent gives their kid a sports car for their first car? Their going to most likely wreck their first car and having speed behind the wheel doesn't help . And 12k for a 1999 car with 50k miles isn't that great of a deal. I suggest you get him an 02-05 car that costs around the same. But that's just me.

    Good grades in school doesn't make you a better driver.

  • Anonymous
    1 decade ago

    Gee--sounds like a stupid deal to me. Your kid needs a safer, slower car. I guess I come from a background where we had to buy our own cars and pay our own insurance. We bought good, safe used cars that weren't muscle cars. Nothing we would go out and try to commit suicide in by showing off. Insurance on a Mustang is going to be stupidly high: it's a small car, it's a convertible, it's a muscle car. Oh, well, sounds like you have money so do what you want. They aren't going to give you money back on your 07, either.

  • 1 decade ago

    Serious gas-guzzler and really poor reliability ratings. But if it doesn't fall apart on him, your kid will love it because it is "cool." Now here's the question: why would you trade a newer, better car for an older, beat up one that is only $1,000 less than the value of your newer, better car? Sounds like a big ripoff to me.

  • 1 decade ago

    Nooo u get that for yourself or dont get it, he is just starting out so get him something 1000-2000 $$,

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