Help With A Potential G6E Turbo Purchase

[ZackyD]

Hi Guy's

First post and hoping to be a 1st time Ford owner if this all works out but I need your advice;

Okay so here's a tricky scenario, When I was 20 I purchased a brand new Mitsubishi Lancer Aspire (Top of the line range in 2009 for approx $36K) As I had no credit history at that time I was only offered interest at 16.4% with weekly repayments of $222.00 - Car has done (51050KM)

I have been able to keep up the repayments for 3 years now with 2 more to go. I called up and found out that I still have approx $19K left to pay off.

I recently went to a Ford dealership and came across a 2009 Ford G6E Turbo for $28K (Done 61000KM)

The dealer offered to pay off the balance of my $19K loan, effectively giving me a $19K trade in as long as I take up the Ford G6E Turbo for $28K - He has offered to get me interest at 10% with weekly repayments at $140 odd a week. over 5 years

So the question is, am I getting a better car or deal by doing this or should I stick in with the car I have now.

Apparently this care was close to $60K brand new

Is this worthwhile or am I losing out?

Cheers,

Zac

[SHOCK]

Buy it

[ZackyD]

So honest opinion, is this a good bargain or is he taking me for a ride?

[james3024]

Effectively your not getting a trade in he's paying our your car so your still left with a 28k loan as long as Kms aren't to high seems like a good deal

[ZackyD]

Well that's what I figured. As I owe $19700 I am just adding on $9000 odd to what I would have had to pay off originally but at a more reduced interest rate. (Massive difference between paying 16% interest and 10% interest)

Like I said it's a 2009 model with 61085KM on the clock which seems on par or even slightly below. Do you think this is decent milage for the model year? Thanks mate!

[Mrs Jeturbo]

Ye about 15-20,000kms a year is average...

I'd jump at that deal... new car for nearly $100 less a week = win especially coz it's a g6et turbo falcon

[ZackyD]

Trust me - I loved it!

I test drove it tonight and going from a 2.4LT 4 Cylinder Non-turbo to the G6E Turbo was insane.

It actually caught me off guard at how insane the powerplant was. This is coming from a guy who has driven 4 bangers since getting his L's.

The only downside I saw was the size of the car (parking, narrow spaces,ect..) but I'm sure that's something you'll get used to.

I've always stuck to Japanese cars so I'm still 50/50 on Ford's reliability and cost of maintenance but I'm sure it can't be that bad.

It was mental at how quick it was

[1NSANE]

Fords reliability is still sh*thouse but maintenance costs are pretty good. Sounds like a good deal.

[ZackyD]

Awesome! Well I wasn't expecting Japanese reliability (seriously, no issues with my car since new)

Though the turbo 6 more then makes up for any reliability

Just gotta learn to have self control since that car flew... How you guys keep your licences I don't know

[Shyfrd]

As long as the car doesn't have any issues, get a mate if you have one that's into Fords to check over it. Good km's for the year as stated..and it's a good deal imo giving you the G6ET at $28k with 10%, paying your $19k out (trade in for your Lancer atm is roughly $16100-$18400 according to redbook..so you're doing well there)

I say go for it....as long as the car doesn't have issues atm