Well good luck with your decision. Sometimes we all just need to learn things the hard way.

 

Understandable. It's just a car. If you're saving up for something big in the long run then ditch the car. There will always be something in the future.

 

I mean i can afford it. I just cant seem to save as much as i would like to.

 

What exactly do you mean? I'm curious.

 

Maybe you should sell your second car if you are attached to the EVO.

 

This is also an idea. Sell both, pay off the evo, find something with a much lower monthly payment.

 

[QUOTE=Solo II Evo;4806381]Refinancing is a good idea, also, try shopping around for car insurance too - I had Geico, which was the cheapest by far for me when I was under 25, but now that I turned 25, other brokers gave me much cheaper rates. SCM insurance got me down to $679 every 6 months for max coverages.

WOW $679, i remember when my insurance used to be that cheap, I pay that a month and $672 for the IX as well a month.

 

Well the second car is a 89 Legend i bought for $250. Very reliable too

 

Does anyone know what kaonashi meant? ^^^

 

I know what you mean, let me share this with you, insurance and everything + gas I pay about same amount a month and I got 56k on my ride allready, I drive it everyday to work and back, Do i like to pay that much a month? hell no... Sometimes im thinking to get rid of it as well BUT i said I DID put some good amount of time/work into my car and I went thru cars like gloves. Everytime i did mod any car i sold it or trade-it in than i missed it so much... SO if i would like to trade-it in for another car ok lower payments a month so what and get another 5 years to pay? I said ***** it and keeping it forever. In feb 2008 will be 3 years, so I got another 2 years to pay and it will be mine... (since 97 ive had 8 cars this is my 9th so you can imagine how much money went thru -

I say, keep the car! You dont see many evo's out there. It will become more rare over the years! who knows maybe price will go up (like supras) lol

 

I have had a bunch of cars as well. But i do not want to get into more car payments id rather just sell this car and keep my second car as a reliable daily. I want to save up some money and be able to do other things...

 

so in order to sell the car and take out another loan for 3k ( or so ) it has to be a private seller? i'm in the same situation. I love my evo. It's starting to rack up some miles and my mom is having money problems so i'm contemplating selling it. I pay a 500 car note and 1200 every 6 months! and i'm only 22 and want to go back to school. G/L and keep us posted. this is a helpful thread. thnx

 

300 a month for insurance is ridiculous. Mine is high based just off of the area but i have a good record and great coverage. How many years did you finance and refinance for. I agree, if youre absolutly miserable paying that amount, sell it. If you love the thing like you love your mother(i love mine) then start scrimpin. good luck. you should look into alternate car insurance companies with the same coverages

 

Yes...if you went the route of selling your car privately and didn't get enough $ to pay off the loan you would need to come up with the funds to pay off the loan so that the bank will transfer the title into your name. Otherwise (doubtful this would happen), maybe someone would be willing to take over the payments for you. In that case the title would just transfer into their name with the bank.

If you were to trade in your car, the dealer will just take the remaining balance of your loan and add it onto the balance of the car you pick up on trade.

 

Yea i guess when they buy it you just fill out a bill of sale and explain to them the situation? I just fear that lot of people will have trouble with me saying. I'll transfer the title to you in 4-6 weeks