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The Pub For General Automotive Related Talk |
View Poll Results: wat would you do | |||
get another car | 45 | 57.69% | |
or do up the XD V8 | 33 | 42.31% | |
Voters: 78. You may not vote on this poll |
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Thread Tools | Display Modes |
19-06-2006, 12:35 AM | #1 | ||
Regular Member
Join Date: Jun 2005
Posts: 112
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ok when im 18 im thinking of going for a loan i dont know whether to do my XD up and get it licsensed or get another car
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19-06-2006, 01:05 AM | #2 | ||
Central to all beach's
Join Date: Dec 2005
Location: Alice Springs
Posts: 1,653
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Lots of variables when it comes to doing up an old car.... Some old girls are not worth spending a penny on.
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19-06-2006, 01:16 AM | #3 | ||
LPG > You
Join Date: Dec 2004
Location: Sydney, NSW, Australia
Posts: 4,277
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My personal rule is - newer is better. If I have money to have several cars, sure, I'll have something older and modified. But for me to rely on something? It will always be the newest and best I can afford. Also, as a general rule, I try never to go backwards in age of vehicle. So if my previous car was a 1990 model, I'll shop '91+ for its replacement. I'm a bit pedantic and/or fussy about this though.
My recommendation is to buy a newer car if you can.
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19-06-2006, 01:20 AM | #4 | ||
Formerly Black EX-R6
Join Date: Jan 2005
Location: Earth
Posts: 1,265
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There is always they dont build em like they used to!
Newer cars are fine as are older cars really. Older cars have an advantage that you can do most of the work yourself on them if your that way inclined. Newer cars not so much. I guess you have to ask one simple question. When you imagine yourself driving something ford, what do you see yourself driving? An older car or a newer car. Go with what you feel.
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19-06-2006, 01:22 AM | #5 | ||
Guest
Posts: n/a
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another angle is, this is your first car I assume, some people when they have a first car have no idea how to look after it (not meaning you), point in case, my cousin bought a brand new $20+K car (as her first), within a few years, she and her friends had almost destroyed it, allot of things needed to be fixed, I think she got like 4.5k back on it...
so depends on the kind of person, she was not into cars, so .... you sound like you are. If you got the dosh, try an get something new secondhand, good buys to be had. the old xd whilst a classic??, not to many around, so maybe worth it, but maybe you'll be throwing money away too friend did up an xd, spent over 30k+ was tough as, very rairly drove it, was a show car or close too, took it for a drive, booted it, to overtake a truck, truck turned in front of him, wrote it off... |
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19-06-2006, 02:02 AM | #6 | ||
Formally Kia Chaser
Join Date: May 2005
Location: Newcastle
Posts: 2,493
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I got my my first car when I was 16 - My mums barina.
Got my P's when I was 17, and drove it around for about a year. I decided when I was 18, that I wanted a newish car, so I got my AU. If its your first car, keep your XD, but don't spend a penny on it. Drive it for a bit, then get a new car. You just can't appreciate a newer/ish car if you have never had a crap box that doesn't have a/c and just starts heating up by the time you get home, etc.... Plus, being young, you won't mind a few dings here and there on an XD... My 2 cents...
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19-06-2006, 02:06 AM | #7 | |||
Life begins at 40
Join Date: Jan 2005
Location: Melbourne. Socialist capital of Victoriastan.
Posts: 3,715
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Spend a little on the XD and get some experience in that before getting a loan. Better still, while you’re cruising in the XD, try and save up the cash for your new car and avoid the whole loan thing altogether.
Cheers, Danny
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19-06-2006, 01:20 PM | #8 | ||
Ef Fairmont
Join Date: Feb 2006
Location: Taree, NSW
Posts: 214
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I'm 17, and I have 5000 dollar loan. I bought an EF Fairmont for my first car, and I believe it's one of the best cars I could have bought.
I'm happy paying it off at a minimum $68 dollars a fortnight, and I can still live. The loans over a four year contract and can be paid out at anytime with a fee of 50 dollars. Atleast being 18 you can get the loan yourself, my parents got mine, and I pay it. We talked about it with the bank and it was fine. Being 18 you can up your credit rating Me, I'm just helping me parents credit rating :( :P I'd get a newer car, just make sure you have plenty of spare tires, and any left over loan money you spend on things needed for the car... I got my car for 4200 and bought a 1500 dollar sound system, I'm kicking myself now as I need tires, break pads, wheel bearings and petrol :P |
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19-06-2006, 01:50 PM | #9 | ||
Regular Member
Join Date: Jan 2005
Location: Melbourne
Posts: 61
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I'd say stick with the XD, from personal experience and watching my friends, the car is probably gonna cop a fair bit. The older cars are cheap and easy to fix most of the time (Like my EA).
Also, not saying you will, but 5 of my friends (all were 18) have written off their first car within 8 months of getting their license. Two of them came out of it with nothing, so at least you wont lose as much money IF that happens.
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19-06-2006, 02:58 PM | #10 | ||
What's green is gold
Join Date: Feb 2006
Location: Shepparton
Posts: 3,079
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go the XD i'd do it up eventually but im biased...
its good havin another car so you dont have to worry about where you park it, can flog it, smoke in it. (if you smoke) and just treat it like its an A to B car, plus XD V8's are thirsty... very thirsty how much work needs to be done to it? what condition is it in?
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19-06-2006, 04:02 PM | #11 | ||
FF.Com.Au Hardcore
Join Date: Jan 2005
Location: Adelaide, SA
Posts: 710
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Having spent big $$ on my first XD, then selling it for pittance when you get sick of old cars... spend it on the XD :P
I say this because whatever car you have, you'll spend money on, and then sell when you tire of it. This may be 2 years, it may be 10. But either way I think you are better off to start on a cheaper base, and then you wont be up for a loan + mods, just the mods part. However, as a rule of thumb, I wouldn't spend more than about $6-8k on it, cos you will lose about $5-7k of that ;)
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BA XR6 Turbo, Narooma Blue - Heinrich Tune, 19" BBS LM Replicas, 20% Tint Distant Past: '96 EFII Fairmont Ghia - Tickford Motor, Saloon car cam, 5sp, AU XR8 Snorkel, Extractors, 2.5" exhaust, Tickford Kit, Pedders suspension. Distant Past: '95 EF Fairmont - Cardinal Red, Auto, 17's King Lows, 115rwkw |
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19-06-2006, 07:19 PM | #12 | ||
owning V8=having no $$$
Join Date: Mar 2005
Location: Brisbane...
Posts: 1,717
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Id say stick to the Xd, will look good with a few mods but as previously stated, keep the spending to a minimum as you'll never get that back if you sell it later on down the track...lowered with some nice mags and an exhaust with the engine running right would be it I'd say
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19-06-2006, 09:12 PM | #13 | |||
Regular Member
Join Date: Jun 2005
Posts: 112
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19-06-2006, 09:18 PM | #14 | ||
Regular Member
Join Date: Jun 2005
Posts: 112
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i was gunna get another car to criuse in on the week ends i mean i got my everyday cars and i have learnt so many lessons in my other cars im just thinking of doing it up to drive around friday saturday and sunday nights just a street sleeper.
my everyday car is my patrol the XD or the newer car will only be for wekkends and criuses ok just for the people thinking he has had 6 cars must of smashed the rest i havent i just like changing cars |
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19-06-2006, 09:22 PM | #15 | |||
Regular Member
Join Date: Jun 2005
Posts: 112
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19-06-2006, 09:35 PM | #16 | ||
Regular Member
Join Date: May 2005
Location: Coffs Harbour
Posts: 188
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My son aged 20 was given an unregistered XF Fairmont Ghia. Cost him $1800 of Dads money to get it registered and insured. Got over it in 2 months because it was heavy on petrol and went out and borrowed $8g to buy a Rodeo Ute done up as a Mini truck. Nice ute only trouble is he cant get rid of the Fairmont and it still has rego to Feb 07. Anyway I reckon forget the old Ford and either save up your money or get a small loan and buy something economical to run at least for your first car anyway.
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19-06-2006, 10:26 PM | #17 | ||
Regular Member
Join Date: Jun 2005
Posts: 112
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my patrol is economical ill drive that every day
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20-06-2006, 05:03 AM | #18 | ||
Audio Nutter
Join Date: Jun 2006
Posts: 30
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Well, if you've got a daily driver then do the XD up then. Easy really.
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Current ride : EFII Fairmont - Full Grandpa spec Last edited by Low Orbit; 20-06-2006 at 05:14 AM. |
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20-06-2006, 10:00 AM | #19 | ||
PERTHXR6T
Join Date: Aug 2005
Location: Perth
Posts: 292
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I wouldn't do it up just yet mate just spend enough to make it road worthy.....Not taken the mickey out of you but use the XD and learn all the driving skills you will need to survive on the roads and save your cash for a new or good second hand car in the years to come.
Learn all you can about fixing your own car and that will help in the following years when you do purchase a better car and want to do any mods as you can apply what you have learnt doing to your XD If your looking to spend say $10-15 grand on the XD that money would be better spent on a 02-03 EB,ED V8. Most of the older drivers who are in the prime that's the 30's to you young'uns have been through what you are thinking about doing and while we had a blast with the older cars and learnt a great deal and smoked up many tyres if i had saved all them thousands of dollars i spent on my XD 351 i'd have 2 Phoons in the garage. But you do what you feel is right and enjoy your ride whatever it may be and use this Forum to your advantage as it will save you many dollars with spare parts and mods. :1syellow1
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20-06-2006, 10:31 AM | #20 | ||
Regular Member
Join Date: Dec 2005
Location: Victoria
Posts: 384
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Umm, pretty silly taking out a loan for you first car. By a nice well looked after car around 3-5K and pay it off a quickly as you can. Then save for a house. Then get a new car when you are in your house. You will never regret it.
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20-06-2006, 12:04 PM | #21 | ||
FF.Com.Au Hardcore
Join Date: Jul 2005
Location: Newcastle, NSW
Posts: 3,926
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I think keep the XD and modify it mate. ;)
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20-06-2006, 12:28 PM | #22 | |||
Ripping it up
Join Date: Apr 2005
Posts: 664
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Quote:
I could use a runaround xf. whats he selling it for? |
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20-06-2006, 12:33 PM | #23 | ||||
Back to Le Frenchy
Join Date: Feb 2005
Location: Back home.....
Posts: 13,346
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Quote:
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Last edited by RG; 20-06-2006 at 12:33 PM. Reason: typo's |
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20-06-2006, 02:04 PM | #24 | ||
Audi S3
Join Date: May 2005
Location: Sydney.
Posts: 8,307
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Buy a newer, economical car and GET COMPREHENSIVE INSURANCE!
Insurance is the most important thing here. spend the money on it. a mate of mine has crashed 2 or 3 cars now. one was a late 60's cortina, a write off. was a FANTASTIC car, but no insurance. his 96 LTD is now on his front lawn with the front smashed in. no insurance. insurance is the most valuable thing you can have.
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20-06-2006, 02:17 PM | #25 | ||
FF.Com.Au Hardcore
Join Date: Dec 2004
Location: Melbourne
Posts: 975
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If you already have a car to drive around in i would just use that until you save up some cash to start working on the XD (if you actually want to do up the XD that is).
DO NOT take out a loan to do up a 20+ year old car that will only see the streets 3-4 times a month. You are wasting your money and putting yourself in uneccesary debt. Take what you have now and invest it whilst building it up while you save and just drive around the daily. Then when you definantly know what car you to do up take the money out and start your project. I say this as if you spend big $$$ doing up the XD and decide you want something different you will lose at least half the money that you put into when it comes time to sell. |
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20-06-2006, 04:21 PM | #26 | ||
Lucifer's Angel
Join Date: Dec 2004
Location: Sydney
Posts: 5,282
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I was doing up an XD before I got my licence, but my father bought me an identical XD which was at least roadworthy, so as I could get used to the size and feel of the car, and so that if I had any accidents, I wouldn't be damaging the car I'd put so much work into to straighten out.
I say buy another car, nothing flash, just clean and reliable, and do up the XD. I still have the project XD, but once I bought the BA, Dad sold the second XD to a friend, who is slowly killing it.
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20-06-2006, 04:35 PM | #27 | |||
LWBforME
Join Date: Feb 2006
Location: Adelaide
Posts: 373
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08-07-2006, 06:03 PM | #28 | |||
FF.Com.Au Hardcore
Join Date: Mar 2005
Location: Vic/NSW
Posts: 2,687
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Quote:
Another factor that is to an older cars advantage is depreciation. If you keep buying newer cars, you keep getting hit with depreciation, but if you buy an older car and keep it you won't get hit with depreciation. If you are to modify and older car there is a possibility that it may even appreciate in value. Something else I wouldn't do is borrow money for a car. If you are going to borrow money, use it to buy something that will make money such as shares, managed funds or housing. I have been lucky enough to see all of my personal cars appreciate in value, but I would think that is an exception rather than the norm. |
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08-07-2006, 09:15 PM | #29 | |||
FF.Com.Au Hardcore
Join Date: Dec 2004
Location: ACT
Posts: 4,028
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Quote:
If you did it up, what would you end up doing to it, and over how long?? Also consider: If you like XD's, do it up. If you prefer something else, get that and do that up... Not much point doing the XD up, if you prefer something else...
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Current Rides: 2000 AU 5L XLS ute; 1970 Mustang project |
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08-07-2006, 09:34 PM | #30 | ||
METALLICA and FORD FREAK
Join Date: Oct 2005
Location: Gracemere, QLD with foxy
Posts: 324
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mate in my opinion i would stick with the classic, there are so many things that can be done to an old school falc like this. also it would be a cheaper option really, can get so many second hand parts for them where as newer falcons or just cars for that matter are plastic and parts have to be custom or ordered for big prices so.
pimp out that XD Little fox
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VL HATER
Rolling back in my au forte *18" xhp jetz *alpine 4000watt audio *tickford t3 bodykit Still got a V8 but wanting to offload the shell if anyone is interested PM me. (1993 EB body, some minor marks, full interior (electrics need attention) NO MOTOR, gearbox needs 5th. Make offer. Also in the shed is a 3.9ltr straight six (1990 EA). headers, crow cam, 5spd manual included. may need minor rebuild. Again make offer |
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