Thanks, i'll likely just keep the car and see how things go over the next few week or months.

 

Got my new GSR with SSS for about $29.1k with 0%. At 2.9%, it would have been $27.1k. Mitsu is working hard to offload the last of the 08's. You're best bet is probably to hold on to it until the 2010's are out so dealers sell evos at MSRP again and the 08's are only sold as used. Otherwise you'll be taking a pretty big loss for sure.

 

Ya that sux, this is why i am glad i am in the military. Cant really lose my job lol, just have to deal with a lot of dumb stuff some time and the more rank you have the more $hit you have to deal with.

 

What if the world suddenly becomes a happy shiny place with rainbows?

 

with obama?

 

The 0% is great for new car buyers, but murdering used car values. Its an Evo, it will rebound when the economy does, but I predict the same thing will happen to the 2010s. If Mitsu is wise, they will send very few of them and trickle out to meet demand.

Many are upside down. Hunker down and hang in there. You will hate it if you downgrade to a WRX. Abolish $100 a month elsewhere. You have a cell phone plan you can lean out? Cable internet plan you can reduce? Do that.

Good luck man!

 

You've must have never been laid off before. If I owned 28k+ on a car loan with no job the first thing I would do is sell my car before the repo men are toeing it away...He needs to sell his car asap, pay off his loan, and buy a beater until he is able to find another job.

Like my signature says, everything happens for a reason. And I believe that 100%. There been times were I was so upset that I couldn't get a job to only later find a job that was even better w/ better pay & benefits. If one door closes another one will open you just have to be patient and keep your eyes open. Good luck in whatever you decide to do.

 

It depends on how good his finances are.

If I were in that situation, I'd cut back on everything else and dip into savings and/or some of my investments to hold onto it and at least have something fun to play around with to lift my spirits.

If he's living paycheck to paycheck, then yes, it would be a priority. But if he was a working professional, he should have enough buffer. I'm a firm believer that everyone, regardless of what car they own, should have at least 4-6 months of savings for day to day.

Without knowing how good his finances are, it's hard to tell. From the looks of it, he might be able to just weather this.

 

maybe he has other priorities like a child, wife, or home that he will need to dip in his savings for instead of dumping it in a car...your able to keep back 6 months of income and drive a ralliart?

 

Maybe he does, maybe he doesn't, like I said, I can't speak for his finances. Though I think he said he was getting married.

Hang on now.. is that a good or bad thing that I drive a ralliart?