Doug -
If you want instant gratification, use that stash to go buy a fully
restored healey.
Look you can buy the mustang, but give it 5 years and it will be worth
squat. That's the problem with buying American Cars these days.
On the other hand, your healey will never lose value. Look at mine:
1985: BJ8 - I paid $3,000 + another $5,000 for restoration (at that
time), now worth $30,000
2002: BN1 - I paid $12,500 + another $4,000 in minor fix ups, its now
a solid driver worth $25,000
What off the rack Mustang are you going to buy that is going to keep
value like that? Plus the classic car insurance is cheaper... by a
ton!
Cheers,
Alan
'53 BN1 '64 BJ8
On 3/13/06, Douglas W Flagg <dwflagg@juno.com> wrote:
> OK, I really need some experienced advise and there is nowhere else to
> turn. I can do one of two things, but not both. My Healey will take about
> two years to restore and I have a budget around $45,000. Then it will be
> greatly
> enjoyed albeit a limited driving schedule. My other option is immediate
> gratification with an '06 Mustang GT, with
> 300 hp, pavement scorching 320 lb-ft. of torque, and a rear wheel, tire
> smokin' 5 speed manual tranny. Of course it would have the racing
> stripes, rear spoiler, custom wheels, fog lamps, stainless exhaust, etc.
> for less than the
> Healey. Is this a mid, mid life crisis or a viable alternative? Of course
> the fact that my next door neighbor has a 500 hp Cobra hasn't influenced
> me at all. They had to go and make the new Stangs look like the '60's
> when I had my GTA fastback with the 289 HiPo. Anyway I'm looking for
> honest, don't hold any punches back opinions. I love my Healey and would
> more than anything like to enjoy it, but the leaves are starting to fall
> off the tree. Thanks.
>
> Doug
> '56 BN2
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