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....

[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.

[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?

[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]

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

[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 :

[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

[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.

[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.

[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* :

[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 :

[Outbackjack]

Originally Posted by MoreHPformyXR6

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

I would have agreed with that even if you weren't joking.

[GTPete]

Do the FPV drive day in it and then sell it. Its a great drive day, you get to put the car thru its paces. The memories will last a lifetime. If its unregistered,tow it to the track and enjoy the cars full potential.

[cedric]

Originally Posted by SSBUB

smart fella!

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

if you put ss front and tail lights maybee? point and laugh at ricer hsv. hsv tail lights :

[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.

[Green X]

****** that bro, keep it, Insure it under the old mans name for a few years and only drive it on the weekend, get yourself a cheep lapa to drive around the rest of the time

Or just garage it and store it for a few years.

You may never get the opportunity to own another one.

Or sell it like somebody else said and keep the money in a High interest account till your 24 then go out and by a new one with change left over to run it LOL.

The old man had a XY GTHO, which he sold and he wishes he never did and so do I LOL

If it were me the keys would have to be forced from my hand at Gun Point, selling it just wouldn’t be on the cards.

[MITCHAY]

Why not just slap 3rd Party Property insurance on it if you want to keep it. If you didn't pay for it in the first place it wouldn't hurt as much. I'm young too and I wanted to keep saving for a house aswell but even my mum who is pretty wise said "Your young only once, buy something that will make you happy". So I got a turbo :P Alternativley you could sell it and buy a decent car and save the rest.

[Full Noise]

Originally Posted by MITCHAY

Why not just slap 3rd Party Property insurance on it if you want to keep it. If you didn't pay for it in the first place it wouldn't hurt as much.

You’ve got to be kidding. Even without my crystal ball I’d almost bet the house that the car would eventually end up bent. I’m not saying that Mitch GT-P is irresponsible or not a good driver, it’s just the way it is. With a car like this it’s very tempting to see what It’ll do. Pinning the 250 km limiter isn’t hard in one of these.

Better of selling it while it’s still worth something.

[MITCHAY]

Originally Posted by Full Noise

You’ve got to be kidding. Even without my crystal ball I’d almost bet the house that the car would eventually end up bent. I’m not saying that Mitch GT-P is irresponsible or not a good driver, it’s just the way it is. With a car like this it’s very tempting to see what It’ll do. Pinning the 250 km limiter isn’t hard in one of these.

Better of selling it while it’s still worth something.

So I can do insane speeds aswell. Just because I can doesn't mean I'm going to do it. Believe me my mates have given me crap too about only driving to the speed limit and I just tell them to STFU or walk. I call it good self control ;)

[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..

[Ghiadude]

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

Lucky bastard!!!