Ok. This may be a little long but I need some advice. I've owned many Mustangs, and a Lightning before and have always been a Ford guy. Since I've been with my wife (10 years), she is into the foreign luxury brands (we've owned Lexus, Infiniti and a few Acuras). I sold my 360R when we got married and told myself I would get another Mustang. Since then we have our family established, bought a new house last year and our finances are in order. I seem to be getting a car every 2 years since we've been married and she gets tired of talking about cars. Recently she got the car she absolutely wanted since she saw pictures of it ('14 Acura MDX).

The other day she throws me a curve ball and says I can get rid of my 4cyl 2012 Camry XLE for a car I want. I was shocked! Here's where my dilemma comes in to play. I always told myself and her that I would keep the Camry and when it's paid off, I would buy a Mustang again. Before buying the Camry, I was looking at another Infiniti G37 or a Lexus IS350. Now she tells me if I want to, I can start looking for either the Infiniti or Lexus I was wanting. I asked her what about the Mustang? She says that we can keep the Camry and have it paid off in 3 years, or get an everyday driver I enjoy, and wait 5 years and then get a Mustang.

I really don't know what to do. If I buy a different car, I'm losing 2 years of paying on the Camry and it will put me further back from getting the Mustang. However, I could have a really fun everyday driver and then get the Mustang and have 2 cars I enjoy! Our budget for buying a fun everyday driver now is $35k and if I decide to keep the Camry, the $35k budget will be for the Mustang (want a Shelby GT500).

Currently, I am all over the place on what I feel would be an enjoyable everyday driver. I'm really wanting something that is 4wd/AWD (living in Missouri, we can get some nasty snow storms). I'm thinking G37, IS350, would love a Jeep SRT (wife said no way because of the horrible gas mileage and reliability is in question), and I've even been looking at a F-150 (would love the Raptor but not in my budget).

Has anyone ever done research on what would be cheaper if you just bought a fun everyday driver, compared to keeping a paid off everyday driver, and have a sports car as a 3rd car? I'd be interested to see some opinions. I'm going to post this on the few car forums I'm apart of just to see different answers.

Thanks

 

I can't imagine how owning two cars can be cheaper than 1 car.

It sounds to me like you really want the 'Stang, and normally, everyone here would say go for what you want. However, your financial situation could change drastically in 2-3 years and you may regret not doing anything now. (I know this doesn't really help.)

Is it really that big of a deal to just get the Mustang now and ditch the Camry? How many times will you truly be able to not drive it, and will you not have access to her MDX or another ride (carpool, etc.)?

 

Sell Camry.

Buy Mustang.

 

Interesting. I am wrestling with a similar issue.

But thinking about this, do you like the current Mustang or the 2015? if the later, then it might be a good idea to get a great daily driver CPO or just off lease then save for a future mustang

 

word

 

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Sell Camry, buy 2015 Mustang.

 

Don't let your emotions get the best of you. Stick with plan A. Pay off the Camry first, and then get the Mustang.

 

Thanks for all the replies. My wife and I had a nice talk last night and I told her there really isn't much out there (within budget of course) that will push me to sell the Camry and have to wait another 5 years to get the mustang I want. Gonna keep the Camry and get the mustang. In a few years I turn 40 and couldn't think of a better gift for myself!

 

I have mixed feelings about the 2015. Really love the GT500s and that's what I'm shooting for. Also love the '03-04 Cobras and have always been a fox body guy. Loved the '93 Cobra growing up.

 

Sell wife, buy mustang (and Ferrari)

 

^

 

 

Ouch, how did you end up in a 4 banger Camry?

 

I always thought doing a trade-in or outright sell of that asset always leaves a guy so broke he can't buy an Aztek?