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-   -   should I sell ? (http://forums.pelicanparts.com/off-topic-discussions/834479-should-i-sell.html)

calimedeiros 10-17-2014 03:06 PM

should I sell ?
 
I've come to a cross roads with my car and money I owe which is close to 35 gran just bought a house and some of that money went to that
now I got my 81 targa mint condition best car I've ever had but my common sense is its gonna prob take me a good 5 years to pay this off or sell the car for around 22 gran here in Canada and take most of this debt off my mind
I got the car last year for 17000 as a great deal I'm torn on what to do
I'm a car guy so if I sell it I'll prob get an old subaru to work on etc but I really don't wanna sell it but my mind is telling me it's the make sense thing to do
should I keep it

onewhippedpuppy 10-17-2014 03:14 PM

Sell it. Nothing compares to the peace of mind that comes with being debt free. Pay off your obligations and then pay cash for another.

fastfredracing 10-17-2014 03:17 PM

I'm at the same crossroads as you . As much as I love my 930, I have come to the realization that selling it , clears off all my debt, and I am off the hamster wheel, at the ripe age of 45. I go back and forth daily ... It is a tough call, if the market keeps going like it is, you , and I may never get another.

ledhedsymbols 10-17-2014 03:19 PM

Once upon a time I sold my 968 to get together the money for a down payment on my house. Do I miss that car? Hell yes I do! But I know that I made the smart decision for my family. It's paid off in spades. There are always other cars. You can't put a price on solvency.

calimedeiros 10-17-2014 03:25 PM

ya I think its the right thing to do I've told myself that if I don't get at least 22000 I won't let it go and just keep paying down my debt Slowly I guess who know what the value of these cars will be in 5 years but oh well

vash 10-17-2014 03:58 PM

you owe 35 g for the car?

you have a picture of the car? mint 911SC are not that easy to find..man..i might keep it.

calimedeiros 10-17-2014 04:22 PM

not part of it was to buy the car but the rest was for other things like I said just bought a house and had to spend some on that

masraum 10-17-2014 04:39 PM

I did something similar 10 years ago. I am back in a Porsche now for 2 months. It was definitely worth it for me, but you sound like you are in a better position than I was at the time.

M.D. Holloway 10-17-2014 04:48 PM

Like I tell my kids ... 'It's stuff...work for it, enjoy it, but don't think you can't live without it. It can always be replaced or upgraded.'

carambola 10-17-2014 04:49 PM

keep the car, you bought it for a reason.

stop living in the past and start living.

vash 10-17-2014 05:17 PM

if you're riding the ragged edge..buying the 911 was the wrong decision..but now that you have it..keep it. dont make two mistakes :)

Dueller 10-17-2014 05:34 PM

One way to look at it....if you had 22k in your pockey, would you buy a 32 year old pcar toy or would you pay down your debt to a reasonable level? There's your answer.

calimedeiros 10-17-2014 05:41 PM

it's a tough call I think if I can get 22000 out of it I could let it go then take a year to be debt free
there is no good sc 911 in ontario right now and the 86 and up people are asking close to 30 gran
I will keep it until I get what I want if not then I think it's worth keeping

David Goodman 10-17-2014 05:45 PM

intheGRANschemeofthings35GRANisreallynotatonofmone yireallythinkyoushouldkeepthecarinafewyearsyouarer eallygoingtoregretsellingitANthenyouaregoingtowant toreplaceitANitisgoingtocostyoutwiceasmuchtoreplac eit

MBAtarga 10-17-2014 05:54 PM

Quote:

Originally Posted by David Goodman (Post 8311523)
intheGRANschemeofthings35GRANisreallynotatonofmone yireallythinkyoushouldkeepthecarinafewyearsyouarer eallygoingtoregretsellingitANthenyouaregoingtowant toreplaceitANitisgoingtocostyoutwiceasmuchtoreplac eit

Ah yea! that is soooo much easier to read!

David Goodman 10-17-2014 05:55 PM

:)
Quote:

Originally Posted by MBAtarga (Post 8311532)
Ah yea! that is soooo much easier to read!


vash 10-17-2014 05:58 PM

Pfffffft! Wine out nose.

avi8torny 10-17-2014 06:15 PM

You're not going to get $22,000 for a 32 year old SC......it will probably yield enough to pay off half your debt load of your lucky. $12000-16000 would be a reasonable figure.

calimedeiros 10-17-2014 06:31 PM

Quote:

You're not going to get $22,000 for a 32 year old SC......it will probably yield enough to pay off half your debt load of your lucky. $12000-16000 would be a reasonable figure.

I disagree the market is what it is but if that's the case I guess I'll keep it

SilberUrS6 10-17-2014 06:37 PM

Quote:

Originally Posted by avi8torny (Post 8311571)
You're not going to get $22,000 for a 32 year old SC......it will probably yield enough to pay off half your debt load of your lucky. $12000-16000 would be a reasonable figure.

Only basketcase SCs are going for that money nowadays. Drivers with a lot of hassles, or very nice cars with engine issues.

Decent SCs have been trading hands in the 20s for a while now. Some exceeding 30.

$12-16k was two years ago.


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