NEED ADVICE!!! Financial issues came up

[Logan Heagle]

So I just got a call that my mustang has been delivered to the dealership and is ready for pickup, the only problem is I'm dealing with loads of medical bills over the last 2-3 months and am not going to be able to afford the monthly payments of the mustang, would it be worth it for me to sign the papers and bring it to another dealer? Can I make any money on my GT by selling it? I am kinda in a jam here, I was so close to owning my first mustang and after months of waiting it's literally all falling apart! Any advice from anyone?

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[dfwford]

So I just got a call that my mustang has been delivered to the dealership and is ready for pickup, the only problem is I'm dealing with loads of medical bills over the last 2-3 months and am not going to be able to afford the monthly payments of the mustang, would it be worth it for me to sign the papers and bring it to another dealer? Can I make any money on my GT by selling it? I am kinda in a jam here, I was so close to owning my first mustang and after months of waiting it's literally all falling apart! Any advice from anyone?

I'm not really sure what you're asking for, and what you want us to suggest.

While anything's possible, it *IS* very unrealistic to believe you're going to be able to flip it for a profit before the car note comes due, if that's what you're thinking.

Just don't take delivery of the car.

 

[squad0014]

Sorry to hear that. Imo it would be wiser to wait it out and get a nicer build when you get back on track financially.

You might be able to resell it but im not sure you can make much profit with all the registration fees + taxes. It would have been a different story if it was a dark horse

 

[FlyNavy86]

Definitely do not take delivery. The Mustang is not a limited production car. You WILL take a hit as soon as you drive it off the lot.
Mustangs aren’t going anywhere. Take care of yourself and medical bills, and once that is done you can start thinking about buying a nice car again.

 

[Cherry Orca]

Don’t take delivery. Imagine you do and all of a sudden every dealership is offering you $10,000 under what you paid. Don’t put yourself in that position.

 

[Upacurb]

Definitely don't take delivery. Honestly lots of REALLY nice S550s you could buy with low mileage at a BIG discount

 

[roket]

you can always order another GT, it's best to wait until you are financially stable before making such a big purchase. plus, if you end up ordering a '25, you may have even cooler options and colors than the '24 has

 

[Logan Heagle]

Thank you guys, I'll let my dealer know in the morning I won't be able to take it but hey if there is anyone in the Southern Chicagoland area who wants one there's a GT 6 speed in yellow splash that just became available lol hit up my buddy Jake at Court Street Ford in Bourbonnais IL

 

[angermgmt14]

DON'T take delivery. Do the things that need to be done NOW and buy/order another Mustang when your really ready.
Like others have said, the Mustang will still be here whether it's next year or possibly 3-4 years longer.

 

[Stratman397]

Don’t take delivery. Imagine you do and all of a sudden every dealership is offering you $10,000 under what you paid. Don’t put yourself in that position.

So I just got a call that my mustang has been delivered to the dealership and is ready for pickup, the only problem is I'm dealing with loads of medical bills over the last 2-3 months and am not going to be able to afford the monthly payments of the mustang, would it be worth it for me to sign the papers and bring it to another dealer? Can I make any money on my GT by selling it? I am kinda in a jam here, I was so close to owning my first mustang and after months of waiting it's literally all falling apart! Any advice from anyone?

Maybe post on here what your order was and Maybe it’s something somebody else is wanting that’s waiting on their car and they’re getting tired of waiting. I will go down there tomorrow to the car dealership and talk to them, explain to them what happened and they will probably put it on the lot and up the price some
So Sorry that you’re going through this, maybe you will be able to buy one on down the road

 

[Dena]

Thank you guys, I'll let my dealer know in the morning I won't be able to take it but hey if there is anyone in the Southern Chicagoland area who wants one there's a GT 6 speed in yellow splash that just became available lol hit up my buddy Jake at Court Street Ford in Bourbonnais IL

Without know more about you which isn't any of my business, I think you are wise not to take the car. I had a period in my life where I went for several year and my budget was a third for rent, a third for medical and a third for the rest of my living expenses. There wasn't room in the budget for even eating out more than once a week at the local dairy queen. It's tough but it's best to be as free of debt as possible. By doing so, you may find that mustang in your garage sooner than you think.

 

[Zig]

Don’t dig a hole deeper than you can stand. Being ‘this close’ (to making it happen) will make next time that much [more] sweeter.

 

[dollybud]

Thank you guys, I'll let my dealer know in the morning I won't be able to take it but hey if there is anyone in the Southern Chicagoland area who wants one there's a GT 6 speed in yellow splash that just became available lol hit up my buddy Jake at Court Street Ford in Bourbonnais IL

Its November 11 , how did u make out or did I miss a thread?

Without know more about you which isn't any of my business, I think you are wise not to take the car. I had a period in my life where I went for several year and my budget was a third for rent, a third for medical and a third for the rest of my living expenses. There wasn't room in the budget for even eating out more than once a week at the local dairy queen. It's tough but it's best to be as free of debt as possible. By doing so, you may find that mustang in your garage sooner than you think.

 

[IPOGT]

you can always order another GT, it's best to wait until you are financially stable before making such a big purchase. plus, if you end up ordering a '25, you may have even cooler options and colors than the '24 has

You might even get 25% larger screens in 2025 than before. You really don’t want to miss that. You’ll be able to play pinball at stoplights.

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