{"id":69523,"date":"2023-12-30T15:37:00","date_gmt":"2023-12-30T15:37:00","guid":{"rendered":"https:\/\/www.carscoops.com\/?p=2895104"},"modified":"2023-12-30T15:37:00","modified_gmt":"2023-12-30T15:37:00","slug":"this-mustang-gt-owners-1690-monthly-payment-is-a-financial-nightmare-what-would-you-do","status":"publish","type":"post","link":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/2023\/12\/30\/this-mustang-gt-owners-1690-monthly-payment-is-a-financial-nightmare-what-would-you-do\/","title":{"rendered":"This Mustang GT Owner\u2019s $1,690 Monthly Payment Is A Financial Nightmare \u2013 What Would You Do?"},"content":{"rendered":"<div><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/12\/2022-Ford-Mustang-Stealth-Edition_01-copy234-1024x576.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" loading=\"lazy\" style=\"margin-bottom: 15px;\" srcset=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/12\/2022-Ford-Mustang-Stealth-Edition_01-copy234-1024x576.jpg 1024w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/12\/2022-Ford-Mustang-Stealth-Edition_01-copy234-400x225.jpg 400w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/12\/2022-Ford-Mustang-Stealth-Edition_01-copy234-768x432.jpg 768w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/12\/2022-Ford-Mustang-Stealth-Edition_01-copy234-1536x864.jpg 1536w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/12\/2022-Ford-Mustang-Stealth-Edition_01-copy234-2048x1152.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/div>\n<p><!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<html><body><\/p>\n<p>People can make poor financial decisions from time to time, and in this particular story, it appears to be one of the most regrettable ones you might have come across this year. One individual reveals that they are shelling out nearly $1,700 each month for a 2022 <a href=\"https:\/\/www.carscoops.com\/tag\/ford-mustang\/\">Ford Mustang<\/a> GT. Astonishingly, even after more than a year of making payments, they still owe over $30,000 on the loan.<\/p>\n<p><!--  [Mobile]med_rect_atf --><\/p>\n<div data-pw-mobi=\"med_rect_atf\" id=\"pwMobiMedRectAtf\"><\/div>\n<p><script type=\"text\/javascript\">\n  window.ramp.que.push(function () {\n      window.ramp.addTag(\"pwMobiMedRectAtf\");\n  })\n<\/script><\/p>\n<p>Right off the bat let&rsquo;s be clear that for all we know there might be parts of this post that aren&rsquo;t technically accurate but if it&rsquo;s all a farce it&rsquo;s a weird one. A poster on <a href=\"https:\/\/www.reddit.com\/r\/askcarsales\/comments\/18mu5sg\/i_screwed_myself_over_with_a_mustang\/\">Reddit&rsquo;s AskCarSales<\/a> thread says that over a year ago they bought a brand-spanking new Ford Mustang GT with &ldquo;0 miles&rdquo; on the odometer. That&rsquo;s a proud moment for just about anyone and in this case, they evidently put down a substantial $8,887 for the pony car.<\/p>\n<p><strong>Read: <a href=\"https:\/\/www.carscoops.com\/2023\/12\/dodge-challenger-demon-170-markups-are-still-insane-and-people-are-paying-them\/\">Dodge Dealers Invade Facebook Groups Hunting Buyers For Insanely Marked Up Demon 170s<\/a><\/strong><\/p>\n<div class='in-asd-content'>\n<h6>advertisement scroll to continue<\/h6>\n<div data-pw-desk='med_rect_atf' id='pwDeskMedRectAtf'><\/div>\n<p><script type='text\/javascript'>\n  window.ramp.que.push(function () {\n      window.ramp.addTag('pwDeskMedRectAtf');\n  })\n<\/script>\n<\/div>\n<p><!--  [Mobile]med_rect_btf --><\/p>\n<div data-pw-mobi=\"med_rect_btf\" id=\"pwMobiMedRectBtf1\"><\/div>\n<p><script type=\"text\/javascript\">\n  window.ramp.que.push(function () {\n      window.ramp.addTag(\"pwMobiMedRectBtf1\");\n  })\n<\/script><\/p>\n<p>        <a href=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2022\/06\/2019-Ford-Mustang-GT_2.jpg\" data-type=\"inarticle-image-block\"> <\/p>\n<figure class=\"wp-block-image size-large\">\n                <picture><source type=\"image\/webp\" srcset=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2022\/06\/2019-Ford-Mustang-GT_2.webp 1920w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2022\/06\/2019-Ford-Mustang-GT_2-400x217.webp 400w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2022\/06\/2019-Ford-Mustang-GT_2-1024x555.webp 1024w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2022\/06\/2019-Ford-Mustang-GT_2-768x416.webp 768w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2022\/06\/2019-Ford-Mustang-GT_2-1536x832.webp 1536w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2022\/06\/2019-Ford-Mustang-GT_2-300x163.webp 300w\" sizes=\"(max-width: 1920px) 100vw, (max-width: 1535px) 100vw, (max-width: 1024px) 100vw, (max-width: 768px) 1000px, (max-width: 300px) 600px, (max-width: 200px) 200px\"><\/source><img decoding=\"async\" class=\"lazy \" src=\"\" srcset=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2022\/06\/2019-Ford-Mustang-GT_2.jpg 1920w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2022\/06\/2019-Ford-Mustang-GT_2-400x217.jpg 400w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2022\/06\/2019-Ford-Mustang-GT_2-1024x555.jpg 1024w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2022\/06\/2019-Ford-Mustang-GT_2-768x416.jpg 768w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2022\/06\/2019-Ford-Mustang-GT_2-1536x832.jpg 1536w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2022\/06\/2019-Ford-Mustang-GT_2-300x163.jpg 300w\" sizes=\"(max-width: 1920px) 100vw, (max-width: 1535px) 100vw, (max-width: 1024px) 100vw, (max-width: 768px) 1000px, (max-width: 300px) 600px, (max-width: 200px) 200px\" alt=\" This Mustang GT Owner&rsquo;s $1,690 Monthly Payment Is A Financial Nightmare &ndash; What Would You Do?\" data-src=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2022\/06\/2019-Ford-Mustang-GT_2-1024x555.jpg\" data-type=\"inarticle-image\">\n                <\/picture>\n            <\/figure>\n<p>        <\/a>  <\/p>\n<p>Now, &ldquo;a year and a half&rdquo; later, they still owe about $34,000 on it despite making monthly payments of $729.98. Sure, their reported APR of 6.21% isn&rsquo;t exactly helping, but it&rsquo;s far from the worst we&rsquo;ve seen. Why not pay more on the Mustang to try and get out from underneath it quicker? According to the poster, their <a href=\"https:\/\/www.carscoops.com\/tag\/insurance\/\">insurance<\/a> payment is even more.<\/p>\n<p>Due to what they call &ldquo;one hell of a driving record&rdquo;, they cough up $960 (!) every month for the Mustang. In total, that means that they&rsquo;re paying approximately $1,689.98 each month to own this car. That&rsquo;s a cool $20,279.76 each year and we haven&rsquo;t even reached the worst part just yet. Evidently, this poster also uses this car for work so it has in excess of 41,000 miles on the odometer already.<\/p>\n<p>We&rsquo;d tell you what one of those is worth, but there don&rsquo;t appear to be any on the market, at least not ones that we could find. In short, this could end up being one of the cheapest 2022 <a href=\"https:\/\/www.carscoops.com\/tag\/ford\/\">Ford<\/a> Mustang GTs in the country if the owner decides to sell it. That in and of itself puts this poor financial decision into an even better perspective since they clearly shouldn&rsquo;t sell it for pennies on the dollar.<\/p>\n<div id=\"taboola-mid-article\"><\/div>\n<p><script type=\"text\/javascript\">\n  window._taboola = window._taboola || [];\n  _taboola.push({\n    mode: 'thumbnails-a-mid',\n    container: 'taboola-mid-article',\n    placement: 'Mid Article',\n    target_type: 'mix'\n  });\n<\/script><\/p>\n<div id=\"taboola-mid-article-thumbnails-organic\"><\/div>\n<p><script type=\"text\/javascript\">\n  window._taboola = window._taboola || [];\n  _taboola.push({\n    mode: 'thumbnails-oc-2x1',\n    container: 'taboola-mid-article-thumbnails-organic',\n    placement: 'Mid Article Thumbnails Organic',\n    target_type: 'mix'\n  });\n<\/script><\/p>\n<p>What would your advice be to this owner? Tell us in the comments below!<\/p>\n<p>        <a href=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2021\/12\/2022-Ford-Mustang-GT-California-Special-12.jpg\" data-type=\"inarticle-image-block\"> <\/p>\n<figure class=\"wp-block-image size-large\">\n                <picture><source type=\"image\/webp\" srcset=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2021\/12\/2022-Ford-Mustang-GT-California-Special-12.webp 1920w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2021\/12\/2022-Ford-Mustang-GT-California-Special-12-400x229.webp 400w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2021\/12\/2022-Ford-Mustang-GT-California-Special-12-768x439.webp 768w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2021\/12\/2022-Ford-Mustang-GT-California-Special-12-1024x585.webp 1024w\" sizes=\"(max-width: 1920px) 100vw, (max-width: 1535px) 100vw, (max-width: 1024px) 100vw, (max-width: 768px) 1000px, (max-width: 300px) 600px, (max-width: 200px) 200px\"><\/source><img decoding=\"async\" class=\"lazy \" src=\"\" srcset=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2021\/12\/2022-Ford-Mustang-GT-California-Special-12.jpg 1920w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2021\/12\/2022-Ford-Mustang-GT-California-Special-12-400x229.jpg 400w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2021\/12\/2022-Ford-Mustang-GT-California-Special-12-768x439.jpg 768w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2021\/12\/2022-Ford-Mustang-GT-California-Special-12-1024x585.jpg 1024w\" sizes=\"(max-width: 1920px) 100vw, (max-width: 1535px) 100vw, (max-width: 1024px) 100vw, (max-width: 768px) 1000px, (max-width: 300px) 600px, (max-width: 200px) 200px\" alt=\" This Mustang GT Owner&rsquo;s $1,690 Monthly Payment Is A Financial Nightmare &ndash; What Would You Do?\" data-src=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2021\/12\/2022-Ford-Mustang-GT-California-Special-12-1024x585.jpg\" data-type=\"inarticle-image\">\n                <\/picture>\n            <\/figure>\n<p>        <\/a><br \/>\n        <\/body><\/html><\/p>\n\n<h2><b>Commercials Cooperation Advertisements:<\/b><\/h2>\r\n<p><br>(1) IT Teacher IT Freelance<br> <\/p>\r\n<a href=https:\/\/itteacheritfreelance.hk\/wordpress><img src=http:\/\/gamefootballmobileanimeiphone.com\/wp-content\/uploads\/2023\/09\/ITTeacherITFreelance-Website.png alt=IT\u96fb\u8166\u88dc\u7fd2 java\u88dc\u7fd2 \u70ba\u5927\u5bb6\u914d\u5c0d\u96fb\u8166\u88dc\u7fd2,IT freelance, \u79c1\u4eba\u8001\u5e2b, PHP\u88dc\u7fd2,CSS\u88dc\u7fd2,XML,Java\u88dc\u7fd2,MySQL\u88dc\u7fd2,graphic design\u88dc\u7fd2,\u4e2d\u5c0f\u5b78ICT\u88dc\u7fd2,\u4e00\u5c0d\u4e00\u79c1\u4eba\u88dc\u7fd2\u548cFreelance\u81ea\u7531\u5de5\u4f5c\u914d\u5c0d\u3002\/><\/a><p><a href=https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/findteacher>\u7acb\u523b\u8a3b\u518a\u53ca\u5831\u540d\u96fb\u8166\u88dc\u7fd2\u8ab2\u7a0b\u5427! <\/a><br>\r\n\r\n\u7535\u5b50\u8ba1\u7b97\u673a -\u6559\u80b2 -IT \u96fb\u8166\u73ed\u201d ( IT\u96fb\u8166\u88dc\u7fd2 ) \u63d0\u4f9b\u4e00\u500b\u65b9\u4fbf\u7684\u7535\u5b50\u8ba1\u7b97\u673a \u6559\u80b2\u5e73\u53f0, \u70ba\u5927\u5bb6\u914d\u5c0d\u4fe1\u606f\u6280\u672f, \u96fb\u8166 \u8001\u5e2b, IT freelance \u548c programming expert. \u8b93\u5927\u5bb6\u65b9\u4fbf\u5730\u5c31\u80fd\u627e\u5230\u5408\u9069\u7684\u96fb\u8166\u88dc\u7fd2, \u96fb\u8166\u73ed, \u5bb6\u6559, \u79c1\u4eba\u8001\u5e2b.  <br>\r\n\r\nWe are a education and information platform which you can find a IT private tutorial teacher or freelance. <br>\r\n\r\nAlso we provide different information about information technology, Computer, programming, mobile, Android, apple, game, movie, anime, animation\u2026 \r\n<\/p>\n<p><br>(2) ITSec<br> <\/p><a href=https:\/\/itsec.vip><img src=http:\/\/gamefootballmobileanimeiphone.com\/wp-content\/uploads\/2023\/09\/ITSec-Main-Promotion-Image.png alt= https:\/\/itsec.vip\/\r\nSecure Your Computers from Cyber Threats and mitigate risks with professional services to defend Hackers.  \r\nITSec provide IT Security and Compliance Services, including IT Compliance Services, Risk Assessment, IT Audit, Security Assessment and Audit, ISO 27001 Consulting and Certification, GDPR Compliance Services, Privacy Impact Assessment (PIA), Penetration test, Ethical Hacking, Vulnerabilities scan, IT Consulting, Data Privacy Consulting, Data Protection Services, Information Security Consulting, Cyber Security Consulting, Network Security Audit, Security Awareness Training.\/><\/a> \r\n<br><br> \r\n<p><a href=https:\/\/itsec.vip>www.ITSec.vip<\/a> <br> <br> \r\n<p><a href=https:\/\/sraa.com.hk>www.Sraa.com.hk<\/a> <br> <br> \r\n<p><a href=https:\/\/itsec.hk>www.ITSec.hk<\/a> <br> <br> \r\n<p><a href=https:\/\/penetrationtest.hk>www.Penetrationtest.hk<\/a> <br> <br> \r\n<p><a href=https:\/\/itseceu.uk>www.ITSeceu.uk<\/a> <br> <br> \r\nSecure Your Computers from Cyber Threats and mitigate risks with professional services to defend Hackers. <br><br>\r\nITSec provide IT Security and Compliance Services, including IT Compliance Services, Risk Assessment, IT Audit, Security Assessment and Audit, ISO 27001 Consulting and Certification, GDPR Compliance Services, Privacy Impact Assessment (PIA), Penetration test, Ethical Hacking, Vulnerabilities scan, IT Consulting, Data Privacy Consulting, Data Protection Services, Information Security Consulting, Cyber Security Consulting, Network Security Audit, Security Awareness Training. \r\n<br><br>Contact us right away. <br><br>Email (Prefer using email to contact us): <br>SalesExecutive@ITSec.vip<\/p>","protected":false},"excerpt":{"rendered":"<div><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/12\/2022-Ford-Mustang-Stealth-Edition_01-copy234-1024x576.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" loading=\"lazy\"><\/div>\n<p>On top of that, they evidently have more than $30,000 to pay on a vehicle that is worth far less today than it was when new<\/p>\n","protected":false},"author":413,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-container-style":"default","site-container-layout":"default","site-sidebar-layout":"default","disable-article-header":"default","disable-site-header":"default","disable-site-footer":"default","disable-content-area-spacing":"default","footnotes":""},"categories":[3267,6165],"tags":[61,122,127,129,124,128,125,132,131,133,126,130,123,66,94,88,97,56,64,65,60,3344,3351,3357,3360,3335,3340,3362,112,3353,40,75,95,3350,3352,3356,3343,3359,3339,3345,3334,3341,104,3354,33,120,3358,3349,3337,3348,105,101,98,115,30,29,41,86,3342,3361,70,69,68,72,71,26,118,108,87,3355,46,55,48,52,54,51,50,83,3338,62,58,57,3336,109,35,3346,59,63,85,79,82,96,80,27,81,114,44,42,43,45,38,39,110,117,100,111,116,3300,73,89,90,92,91,93,84,78,37,102,34,36,77,67,74,99,113,3347,119,28,121,32,47,49,53,103,31,76],"class_list":["post-69523","post","type-post","status-publish","format-standard","hentry","category-car-or-automobile","category-news","tag-airpods","tag-anime","tag-anime-characters","tag-anime-cosplay","tag-anime-edits","tag-anime-merchandise","tag-anime-movies","tag-anime-news","tag-anime-recommendations","tag-anime-reviews","tag-anime-series","tag-anime-streaming","tag-animes","tag-app-store","tag-app-store-samsung","tag-appgallery","tag-appgallery-oneplus","tag-apple","tag-apple-music","tag-apple-tv","tag-apple-watch","tag-auto-financing-guide","tag-automobile-industry-news","tag-automobile-laws-and-regulations","tag-automobile-shows-and-expos","tag-automobile-specifications","tag-automobile-technology","tag-autonomous-vehicles","tag-bbc-sport","tag-best-cars-for-long-drives","tag-best-mobile-games","tag-bixby","tag-bixby-xiaomi","tag-car-accessories","tag-car-comparison","tag-car-customization-ideas","tag-car-insurance-advice","tag-car-interior-design-ideas","tag-car-maintenance-tips","tag-car-resale-value","tag-car-reviews","tag-car-safety-features","tag-champions-league","tag-city-cars","tag-cyberpunk","tag-cyberpunk-2077","tag-driving-tips-and-tricks","tag-eco-friendly-cars","tag-electric-vehicles","tag-family-cars","tag-fantasy-football","tag-fifa","tag-football","tag-formula-1","tag-fortnite","tag-free-fire","tag-free-mobile-games","tag-freebuds-pro","tag-fuel-efficiency-tips","tag-future-of-automobiles","tag-galaxy-a52","tag-galaxy-note-20","tag-galaxy-s21","tag-galaxy-watch-4","tag-galaxy-z-fold-3","tag-game","tag-games","tag-golf","tag-harmonyos","tag-highway-cars","tag-how-to-backup-iphone","tag-how-to-factory-reset-iphone","tag-how-to-reset-iphone","tag-how-to-restore-iphone","tag-how-to-unlock-iphone","tag-how-to-unlock-iphone-5","tag-how-to-unlock-iphone-6","tag-huawei","tag-hybrid-cars","tag-ios","tag-ipad","tag-iphone","tag-latest-car-models","tag-live-soccer","tag-lol","tag-luxury-cars","tag-macbook","tag-macos","tag-mate-40-pro","tag-mi-11-lite","tag-mi-home-security-camera-basic-1080p","tag-mi-home-security-camera-basic-1080p-huawei","tag-mi-smart-band-6","tag-minecraft","tag-miui","tag-mlb-scores","tag-mobile-game-design","tag-mobile-game-development","tag-mobile-game-marketing","tag-mobile-game-monetization","tag-mobile-games","tag-mobile-gaming","tag-nba-scores","tag-nba-standings","tag-nfl","tag-nfl-scores","tag-nhl-scores","tag-off-road-vehicles","tag-one-ui","tag-oneplus","tag-oneplus-9-pro","tag-oneplus-buds-pro","tag-oneplus-nord-ce-5g","tag-oxygenos","tag-p40-pro-plus","tag-poco-x3-pro","tag-pokemon","tag-premier-league","tag-pubg","tag-pubg-mobile","tag-redmi-note-10-pro","tag-samsung","tag-samsung-pay","tag-soccer","tag-sports","tag-sports-cars","tag-steam","tag-steeam","tag-top-10-anime","tag-valorant","tag-when-do-the-iphone-7-come-out","tag-when-does-the-iphone-7-come-out","tag-when-is-the-iphone-7-coming-out","tag-world-cup","tag-xbox-series-x","tag-xiaomi"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/69523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/users\/413"}],"replies":[{"embeddable":true,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/comments?post=69523"}],"version-history":[{"count":1,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/69523\/revisions"}],"predecessor-version":[{"id":69524,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/69523\/revisions\/69524"}],"wp:attachment"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