Brand new GT-P

[MitchGT-P]

Hey guys.

my names mitch and im from wollongong NSW.

I am the lucky winner of a brand new TOXIC GREEN GT-P

but being 20yrs old insurence is gonna kill me and my dad is pushing me to sell the car.

I havent seen a for sale section on this forum so im not 100% sure how you guys do sales etc.

car is brad new and hasnt been driven once ! i got all the authentic build numbers and stuff in the mail yesterday, the car also comes with a free advanced driver training coarse.

so if anyone is interested or knows someone who is please reply back to this message.

cheers

[b2tf]

be happy to trade you an AU3 XR8 Ute which you could insure........Ill even throw in a few advanced driver car washing course....

[ADSXR8]

http://www.fordforums.com.au/forumdisplay.php?f=41

Post it here mate.

IF you dont mind sharing, how did you win it?

Your a lucky bloke?

[MoreHPformyXR6]

Originally Posted by b2tf

be happy to trade you an AU3 XR8 Ute which you could insure........Ill even throw in a few advanced driver car washing course....

Congratulation's what a prize. I'll do better than that I tarde you a shockwave BA Mk II XR6 sedan with 7500km's on it. It wont be a killer on Insurance as its a six unlike to FPV GT-P. Once again congrats on your price & I can see another member has sent you a link for for sale section. Plus if you sell it MitchGT-P you will have to change your username. You must be tempted to keep the beast. Insure it in you oldman's name with you listed on policy.

[xe351]

dont listen to your old man - they dont always know whats best

[bdennis]

Keep it!..
Put it in the garage and leave it till you can either afford to drive it or sell it in 30 years when it will be worth a bomb with 20ks on it.

[FGX-351]

keep it.

[TUF_302]

What a prize to win!! Show us some pics dude!!

[TheSneakiness]

Don't sell it. You'll regret it.

This wasn't the promo BP was doing where if you filled up with Ultimate you went into a draw to win a GT-P, was it?

[DJM83]

yeah how did you win it? Personally id keep it a while after all it was free and see how you go maybe you will become attached

[DJM83]

Originally Posted by AUII_SE_Ute

Don't sell it. You'll regret it.

This wasn't the promo BP was doing where if you filled up with Ultimate you went into a draw to win a GT-P, was it?

sounds like it

[MoreHPformyXR6]

That reminds me im in an Adelaide Crow's raffle 1st prize is a Toyota Camry Ultima lol (no where near as good as a FPV GT-P) but I wont complain if I win it. Its drawn on 3/10 let you know if I win lol. By the way noticed the FPV GT-P in now in for sale section.

[b2tf]

Originally Posted by AUII_SE_Ute

Don't sell it. You'll regret it.

This wasn't the promo BP was doing where if you filled up with Ultimate you went into a draw to win a GT-P, was it?

better not have been, i went to the trouble of copying and pasting those coupons and photocopying about 100 of them :

[Dave_au]

Sell it.

Invest the money, buy the time your 25 you'd be able to buy a new GT-P and spend $25,000 modding it. Say you got $65,000 for it in sale - if you threw this into one of the banks savings accounts - which have minute risk, over 5 years compounding the 65,000 would be worth $86,370 using the current rates - thats a bloody nice deposit on a house -

to be honest you may lose a few grand in tax dependant on your other income over those few years, but combine this with the first home owners grant and you could probably throw $90,000 on a house, which would probably be 25% of a pretty good house down in the gong?

In retrospect the value of the GT-P in three years will probably be $40,600, five years probably $28,000.

otherwise insurance and fuel will be a killer for a 20 year old.

[JD86]

congrats on the win dude, bloody lucky bastard

[Dazza XLT]

Congrats on the win!
If it was me, I would sell it and invest the cash as Dave_AU said.
Let the cash roll over for a few years, and then do something!

Cheers

Darran

[Poetic Justice]

Would definately sell it and use the money as an investment.

Car might look prettier now, but try to think how pretty your situations would be in comparison when you turn 25.

[SpoolMan]

Sell it and buy a F6...LOL.
Seriously sell it and buy yourself a house, this amount of money will give you a very good kick start, don't squander it..

[SSBUB]

Originally Posted by Dave_au

Sell it.

Invest the money, buy the time your 25 you'd be able to buy a new GT-P and spend $25,000 modding it. Say you got $65,000 for it in sale - if you threw this into one of the banks savings accounts - which have minute risk, over 5 years compounding the 65,000 would be worth $86,370 using the current rates - thats a bloody nice deposit on a house -

to be honest you may loose a few grand in tax dependant on your other income over those few years, but combine this with the first home owners grant and you could probably throw $90,000 on a house, which would probably be 25% of a pretty good house down in the gong?

In retrospect the value of the GT-P in three years will probably be $40,600, five years probably $28,000.

otherwise insurance and fuel will be a killer for a 20 year old.

smart fella!

But ya know whats even smarter? Flogging it and getting a HSV
*Puts flame suit on* :

[Ghiadude]

pretty sure it was a giveaway at wests illawarra rugby leagues club....

Lucky bastard!!!

[MoreHPformyXR6]

Originally Posted by SSBUB

smart fella!

But ya know whats even smarter? Flogging it and getting a HSV
*Puts flame suit on* :

Mate you should only ever trade up not down. :MrT_anim:
Just Jokeing :

[XRchic]

Give it to your Dad as a late Father's Day present. That way you can drive it when you want, and he will owe you BIG TIME! Hahahaha.

I dont think I could find it in my heart to sell it.

Congrats on the win by the way mate!!!!

[Lukeyson]

did you win that from the BP competition matey ??

[TheChemist]

Originally Posted by tx3dude

pretty sure it was a giveaway at wests illawarra rugby leagues club....

Lucky bastard!!!

Could wests even afford one of those? I thought they would of had to spend the money on better security with people getting shot and all in their carpark.
Grats on the win though! :1syellow1

[Outbackjack]

There was a poker machine at the casino here in the Alice that had a GT ford as the jackpot prize. A drunk itinerant indiginee wondered past it and dropped in a dollar coin. Bingo, the car was won. He turned up a week later to recieve his car, big ceremony type of event. It was the funniest thing that I have seen in ages. This itinerant bloke was off his face again and could hardly walk. The lady from the casino nearly vomited when she handed over the keys, the winner didnt have a license so some other guy from his mob had to drive the car away. That car was probably torched as soon as it ran out of petrol, and is probably out in the bush some place today. Funny, but sad all at once.

Good luck with your car. When you sell it, and be carefull, you will get all sorts of con artists trying to rip you off, invest the money and use it to buy a house/unit..... This will set you up for life and before you know it you will be able to buy your own GT and insure it.

[Polyal]

^^haha nice thinking XRChic.

I would do exactly what the others have said. Either garage it and keep it, or sell it.

In my current state id sell it, I have no need for that kind of car at the moment. Id blow $10k on a euro trip and bank the rest!

Your a lucky bugger!

[MitchGT-P]

nah the wests prize was a F6,

and yeah i wanna sell if for a deposit on a house. and look to move out with the g/f.

and yeah i know im extremely lucky ! :

im looking for about 60k, i dont wanna be greedy

[Dave_au]

Originally Posted by MitchGT-P

im looking for about 60k, i dont wanna be greedy

Yeah the unfortunate thing is that even though you havent ever driven it, it's going to suffer a little from the "I didn't order it" immediate depreciation issue.

You'll probably find that the/a dealer may pressure you with some low ball amount for a quick sale - they could then try and sell it as a demo or something like that so be careful. But then again, you need to question the sort of market that goes for a GT-P - you obviously couldnt offer financing, or be part of a fleet purchase!

Hills Ford in Sydney have a blue ex demo BF GTP with 610km on the clock going for $63,990.

Ultimately you want to be able to find a private buyer who would love $5,000 off a brand new GT-P.

[uranium_death]

Originally Posted by Dave_au

Sell it.

Invest the money, buy the time your 25 you'd be able to buy a new GT-P and spend $25,000 modding it. Say you got $65,000 for it in sale - if you threw this into one of the banks savings accounts - which have minute risk, over 5 years compounding the 65,000 would be worth $86,370 using the current rates - thats a bloody nice deposit on a house -

to be honest you may lose a few grand in tax dependant on your other income over those few years, but combine this with the first home owners grant and you could probably throw $90,000 on a house, which would probably be 25% of a pretty good house down in the gong?

In retrospect the value of the GT-P in three years will probably be $40,600, five years probably $28,000.

otherwise insurance and fuel will be a killer for a 20 year old.

Saving accounts are a waste of time.

Far better off investing in shares. Speak to a share broker. Pity right now is a bad time to invest. I'm looking forward to the next market crash!

[Dave_au]

Originally Posted by uranium_death

Saving accounts are a waste of time.

The savings accounts as listed above were and example and represented what theoretically should be the worst case scenario of a risk adverse investor - as these savings accounts carry very little risk.

Most other investments obviously carry supposed better returns but higher risk as well.

Ideally you should have a risk portfolio whereby you try to mitigate, or at least offset some risker investments with others that carry little risk - ie savings accounts.