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SVTPerformance's Chain of Restaurants
Road Side Pub
Financial Decisions...selling a car
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<blockquote data-quote="Massie02GT" data-source="post: 16450439" data-attributes="member: 116991"><p>Add another vote for selling it. </p><p></p><p>If it’s not something that brings you joy daily (you said you don’t love it or hate it) then why hold onto it, especially with uncertainty in the near future economy wise. </p><p></p><p>Sell it and pick up (like someone else said) the best beater you can find. </p><p></p><p>I’ll put it this way - now that you’ve thought about selling it, you’ll never stop thinking about selling it. Your power steering weeps now? Wait till it completely shits the bed. You’ll be looking at a repair bill thinking “man...I shoulda sold it x months ago.”</p><p></p><p>Sell it, pay cash for the beater, and roll however much you’re comfortable with into your wife’s payment to get rid of that debt quicker. Once you’re car payment free, and feel you’re able, look for a toy or a replacement for the beater. </p><p></p><p>I recently got rid of my project 02 GT. While it was paid and technically not costing me anything, it was a financial burden because I was planning a build. I sold everything I had and don’t regret a single second of it. Had that car for 15 years, too...</p></blockquote><p></p>
[QUOTE="Massie02GT, post: 16450439, member: 116991"] Add another vote for selling it. If it’s not something that brings you joy daily (you said you don’t love it or hate it) then why hold onto it, especially with uncertainty in the near future economy wise. Sell it and pick up (like someone else said) the best beater you can find. I’ll put it this way - now that you’ve thought about selling it, you’ll never stop thinking about selling it. Your power steering weeps now? Wait till it completely shits the bed. You’ll be looking at a repair bill thinking “man...I shoulda sold it x months ago.” Sell it, pay cash for the beater, and roll however much you’re comfortable with into your wife’s payment to get rid of that debt quicker. Once you’re car payment free, and feel you’re able, look for a toy or a replacement for the beater. I recently got rid of my project 02 GT. While it was paid and technically not costing me anything, it was a financial burden because I was planning a build. I sold everything I had and don’t regret a single second of it. Had that car for 15 years, too... [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Financial Decisions...selling a car
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