Trading a 17 GT on an 18 F150 - Page 2 - Ford F150 Forum - Community of Ford Truck Fans

Topic Sponsor
2015 - Present Ford F150 General discussion on the latest generation Ford F150 truck.
Sponsored By:
Sponsored By:
View Poll Results: How to F150?
Keep 17 GT; get early 2000s F-series in okay shape
17
35.42%
Trade for XLT Finance
23
47.92%
Trade for Lariat Lease + Cashback
8
16.67%
Voters: 48. You may not vote on this poll

Trading a 17 GT on an 18 F150

Reply

 
 
 
Old 12-13-2017, 10:02 AM
  #11  
Member
Thread Starter
 
joemomma22's Avatar
 
Join Date: Jun 2012
Posts: 66
Thanked 4 Times in 4 Posts
Default

Originally Posted by D. Reid View Post
Buy the XLT 5.0, church it up with leather and such, add a blower. You get the best of both worlds. Mic drop, and I'm out!
One of the major things i want in the lariat is keyless everything. I've been driving my brothers ram 2500 tradesman 4 door 8' bed and man i hate needing to pull the key out of my pocket for opening the doors. im so used to the mustang auto unlocking for me.


Originally Posted by SCrewYou View Post
im spoiled by my lariat, i could never go down to an xlt now.
My 401a mustang has spoiled me as well. heated and cooled seats Amazing lighting all over. No key needed for anything (except being in my pocket of course).

Originally Posted by Montuckyf150 View Post
Punt the mustang and get a truck. The only I problem I see with your plan is not considering the ecoboost.
I plan on getting a truck. No matter what happens here, i need a truck.

Originally Posted by MarkOPKS View Post
I traded my 03 cobra on my truck 2 years ago. I got an XLT 302a pretty damn well equipped. Granted new edge mustang "creature comforts" stop at power seats and 6 CDs lol so it was a huge upgrade in that dept. I loved my cobra dearly and had a lot of work into it but I have always preferred bigger vehicles. I'll never go back to DD'ing anything smaller than a F150. I've test driven a few S550s just for the hell of it and they are nice but it sure sounds like you want the truck.

Power wise if you go EB or supercharge a 5.0 you'll have plenty of fun. These trucks are impressive. Do an XLT loaded up and bust a couple knuckles doing katzkins yourself. You won't miss most of those other features.
I know i've been looking at 302a but as i mentioned there are a few things about the lariat that i really really want.

Originally Posted by caperj View Post
2 weeks into my trade from a 15 3.5 6 speed Eco 3.55 gears to a 18 3.31 gears 10 speed. I would say keep the 15. Wait to see what 19 will bring in the 10 speed and do not lower your gear ratio as with the new tranny you will regret it.
I would probably get 3.55 FX4 pack.
joemomma22 is offline  
Reply With Quote
Old 12-13-2017, 10:16 AM
  #12  
J15
Certified Cow Porker
 
Join Date: Sep 2015
Posts: 1,238
Thanked 314 Times in 225 Posts
Default

How often do you need the truck? If you’re only using it around town it may be cheaper to pay to rent one from Menards, Uhaul, etc than take a bath on a trade in. Trucks are fantastic, but they’re not always convenient when you aren’t using them as trucks. You may be ahead of your Mustang loan, but that doesn’t necessarily mean you’re not losing money when you trade it. I can buy a $30,000 car, put down $10,000, and owe the bank $20,000. If I trade it in a year later for $24,000, I didn’t profit $4000. I lost $6000. Equity can be deceiving. It seems like this may be an impulse buy. Unless you legitimately need a truck, I’d pump the brakes and consider what else you can be doing with that money. It sounds like you’re in good shape financially and you already have access to a truck when you need it. No need to rush into debt.
J15 is offline  
Reply With Quote
The Following User Says Thank You to J15 For This Useful Post:
igxqrrl (12-13-2017)
Old 12-13-2017, 10:29 AM
  #13  
Senior Member
 
Join Date: Nov 2015
Posts: 715
Thanked 112 Times in 92 Posts
Default

Man, hard to say. I can't live without a truck, but I love sports cars. Do you really have a use for a truck? Are you young and single where a sports car is a babe magnet? I can't recommend an early 00s F150, I owned two in that generation and they were not the best quality trucks. The Lariat is a nice ride, so is the XLT.
Rontbeamer is offline  
Reply With Quote
Old 12-13-2017, 10:44 AM
  #14  
Member
Thread Starter
 
joemomma22's Avatar
 
Join Date: Jun 2012
Posts: 66
Thanked 4 Times in 4 Posts
Default

Originally Posted by J15 View Post
How often do you need the truck? If you’re only using it around town it may be cheaper to pay to rent one from Menards, Uhaul, etc than take a bath on a trade in. Trucks are fantastic, but they’re not always convenient when you aren’t using them as trucks. You may be ahead of your Mustang loan, but that doesn’t necessarily mean you’re not losing money when you trade it. I can buy a $30,000 car, put down $10,000, and owe the bank $20,000. If I trade it in a year later for $24,000, I didn’t profit $4000. I lost $6000. Equity can be deceiving. It seems like this may be an impulse buy. Unless you legitimately need a truck, I’d pump the brakes and consider what else you can be doing with that money. It sounds like you’re in good shape financially and you already have access to a truck when you need it. No need to rush into debt.
I fully understand profit vs equity. That said buying a new car never leads to making money so equity is the next best thing. Again i obtained this 17 through lemon law so its right around break-even on profit while still being 12k equitable. its the best chance of getting out of a new car with money i have and probably will ever have.

That being said; yes i have limited access to my brothers truck. he lives an hour away. its a pain. i've been around trucks my whole life. I dont really understand the rushing into debt comment. i'm already indebted in the mustang there's virtually no difference.

Thank you for the input i appreciate all points of view.

Originally Posted by Rontbeamer View Post
Man, hard to say. I can't live without a truck, but I love sports cars. Do you really have a use for a truck? Are you young and single where a sports car is a babe magnet? I can't recommend an early 00s F150, I owned two in that generation and they were not the best quality trucks. The Lariat is a nice ride, so is the XLT.
I really would prefer to have one of each hahaha. i had an 01 cherokee that i bought stock and did a crap ton of work to over the last5 years that i just sold last week so i have a bit of cash floating from that; plus 9k from the dealer on the trade in, i would haveno problem buying an older sports car to suit my needs while dailying the f150 lease. one way or another i end up with a truck and a car no matter what.
joemomma22 is offline  
Reply With Quote
Old 12-13-2017, 10:51 AM
  #15  
Senior Member
 
speeddemon0712's Avatar
 
Join Date: Apr 2016
Location: Northlake, TX
Posts: 2,405
Thanked 475 Times in 387 Posts
Default

Oh boy, I've been down this road a few too many times. I love Mustangs as much as any other guy, but there's no way I could DD them. Having a truck, especially a newer one, is so nice. They're really fast, incredibly comfortable, spacious, and you can tow/haul stuff! I say buy a Lariat (so you can keep the same creature comforts as your Mustang), pay the truck off ASAP, then keep the truck and finance a GT again. That's what I'm doing.

Long story short, I traded in my last truck (Ram 1500) last year on a new GT premium performance pack. It lasted 3 days and I brought the car back. Luckily the dealership allowed me to bring it back within 3 days no questions asked. I LOVED that car, but not as much long term as I do a truck. Ended up trading in that Ram for my current F150 and couldn't be happier. My roommate did the same thing, traded in his Ram 1500 for a 16' GT premium PP and regretted it. He only had the car for 4 months before he couldn't take it anymore and traded it in on a 14' FX4. Now he's very happy. But he did lose $5k on the trade, plus his $1500 Corsa exhaust.
speeddemon0712 is offline  
Reply With Quote
Old 12-13-2017, 11:02 AM
  #16  
Member
Thread Starter
 
joemomma22's Avatar
 
Join Date: Jun 2012
Posts: 66
Thanked 4 Times in 4 Posts
Default

Originally Posted by speeddemon0712 View Post
Oh boy, I've been down this road a few too many times. I love Mustangs as much as any other guy, but there's no way I could DD them. Having a truck, especially a newer one, is so nice. They're really fast, incredibly comfortable, spacious, and you can tow/haul stuff! I say buy a Lariat (so you can keep the same creature comforts as your Mustang), pay the truck off ASAP, then keep the truck and finance a GT again. That's what I'm doing.

Long story short, I traded in my last truck (Ram 1500) last year on a new GT premium performance pack. It lasted 3 days and I brought the car back. Luckily the dealership allowed me to bring it back within 3 days no questions asked. I LOVED that car, but not as much long term as I do a truck. Ended up trading in that Ram for my current F150 and couldn't be happier. My roommate did the same thing, traded in his Ram 1500 for a 16' GT premium PP and regretted it. He only had the car for 4 months before he couldn't take it anymore and traded it in on a 14' FX4. Now he's very happy. But he did lose $5k on the trade, plus his $1500 Corsa exhaust.
buying a lariat is a bit out of the question. lease to buy might be doable for me but certainly not buying outright.
joemomma22 is offline  
Reply With Quote
Old 12-13-2017, 11:05 AM
  #17  
F150 STX
 
GTA150's Avatar
 
Join Date: Jun 2017
Posts: 74
Thanked 19 Times in 10 Posts
Default

Have you thought about looking at an STX? It's the best bang for your buck and you get a lot of nice options while retaining a cheaper price.
GTA150 is offline  
Reply With Quote
Old 12-13-2017, 11:07 AM
  #18  
Member
Thread Starter
 
joemomma22's Avatar
 
Join Date: Jun 2012
Posts: 66
Thanked 4 Times in 4 Posts
Default

Originally Posted by GTA150 View Post
Have you thought about looking at an STX? It's the best bang for your buck and you get a lot of nice options while retaining a cheaper price.
Nope. Havent even considered it. Way too low end for my tastebuds lol. Its definitely a great work truck package but its still exactly that at its core, an XL work truck.
joemomma22 is offline  
Reply With Quote
Old 12-13-2017, 11:15 AM
  #19  
F150 STX
 
GTA150's Avatar
 
Join Date: Jun 2017
Posts: 74
Thanked 19 Times in 10 Posts
Default

Originally Posted by joemomma22 View Post
Nope. Havent even considered it. Way too low end for my tastebuds lol. Its definitely a great work truck package but its still exactly that at its core, an XL work truck.
I have one and I'm very impressed with it. We use it as our new family vehicle. Everyone that gets in it is also impressed with how nice it looks and rides. Does not resemble or feel like a work truck AT ALL. I would suggest going down to your dealer and at least looking at one, possibly even test drive one and then formulate a more constructive opinion on the STX after that. You never know, you may be surprised... whats the worst that could happen?
GTA150 is offline  
Reply With Quote
Old 12-13-2017, 11:36 AM
  #20  
Member
Thread Starter
 
joemomma22's Avatar
 
Join Date: Jun 2012
Posts: 66
Thanked 4 Times in 4 Posts
Default

Originally Posted by GTA150 View Post
I have one and I'm very impressed with it. We use it as our new family vehicle. Everyone that gets in it is also impressed with how nice it looks and rides. Does not resemble or feel like a work truck AT ALL. I would suggest going down to your dealer and at least looking at one, possibly even test drive one and then formulate a more constructive opinion on the STX after that. You never know, you may be surprised... whats the worst that could happen?
I already have looked at one. Theyre fantastic. great value. Not my cup of tea.
joemomma22 is offline  
Reply With Quote

Thread Tools
Search this Thread
Quick Reply: Trading a 17 GT on an 18 F150


Contact Us Advertising Cookie Policy Privacy Statement Terms of Service

We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.
 
  • Ask a Question
    Get answers from community experts
Question Title:
Description:
Your question will be posted in: