got an offer on my car!!!

[Built4speed]

hey guys havent been on in a while!
well i was getting my oil changed today and the grease monkey said that there was absolutely no oil that came outwhen drained! but one of the mechanics made me an offer on my car. its aroung 3500 to 4000,( my car had 103k miles) the catch is is that he will have to make payments. this money will be enough to get me a 5.0 or maybe and old 95 gt down here. need some input or if its a good idea. my pop is against it because since im a student i need a reliable car but who knows wat i might be able to get....

[BurnTire]

If he doesn't have payment in full don't do it.

[Built4speed]

so there is no way to get some type of legal contract saying that he has to complete payment or no car?
or maybe he gets the car when he completes the payment? but would i be taking a gamble getting an older GT or should i stay with my little 6 banger?

[BurnTire]

If he can't get a loan from a Bank there is no reason you should be a Bank.

So are you keeping the car until he pays you in full?

Or is he getting the car and making payments to you.

[Built4speed]

see thats the thing im not sure if there is enough trust on either side to A. give me the money and then give him the car, or B. give him the car and have him pay me monthly. i will not give him the car until i have al the money in my hand unless its backed up by a legal contract which i dont think there is one for thei situation... IM CURSED WITH A V6!!!!!

but like i said my main concern is getting an older car and HAVING to rely on it for a DD

[BurnTire]

Keep the car unless someone has the money in full.

[Built4speed]

thanks. ya im gonna do that. what the power difference if i were to get either a 80's 5.0 or a 94-98 GT compared to my V6?

[BurnTire]

5.0's are nice. 94-95 GT are Nice

96-98 GT Weak.

[Built4speed]

REALLY? i was actually looking into a 98. is the power a huge difference compared to my 6?

[Built4speed]

http://reno.craigslist.org/cto/876270470.html