Bob Lob Law
Well-Known Member
Kids are really the only ones who fit in the backseats! They're good back there until early teens! LOL
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Further consideration, you should try to sell it to a private party. You'll get more money for it that way. Then buy something older for a couple grand, or just rideshare with your wife until you've paid what you owe and saved enough for a down payment on something better. Definitely don't roll your underwater loan into another new vehicle that will depreciate by $5-10K right after you drive away from the dealership.Like the title says. I have reached a decision point. A few things have converged making the GT350 not too optimal for me.
1. I had free overtime for the last 3 years. I was working 70-80hour weeks every single week since then. I work from home on a laptop sitting on my ass. Long hours aren’t hard. I was CRUSHING IT financially. Now I’m restricted in OT to much less. I’m not broke, but I have less fun money. The car is worth more than I owe, so I won’t get hurt too bad selling or trading.
2. I have a kid on the way, and the GT350 is just not a good family car. I also like fishing and surfing and need a vehicle for carrying that stuff.
3. I have no warranty and if I had a catastrophic engine failure it would financially cripple me.
4. Because I work from home, I barely drive. I have this huge car payment for a car that just sits there. I do maybe 5-6k miles a year; sometimes less.
I really don’t want to do it. But it just seems like the rational thing to do right now. It’s got 44k miles and is in pretty good condition. Clean carfax, fresh tires, no dings or scratches bigger than a dime, it’s clean.
Chevy offered 42-44k trade in depending on condition. Checking prices that seems pretty fair.
This sucks. I don’t want to do it, but may have too. It really is the best car I have ever had. I probably will never be able to get another one. There just isn’t that many of them floating around that hit all my wickets. I was lucky to find this one.