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Since i could remember, i've always wanted a Corvette... when the new Camaro came out i felt like i HAD to have it cuz it was new, cool, and the closest thing to a corvette i can get for my age and income. the first 6 months, it was great! the car was a major head turner and i was the only Camaro on the road. as they build more and more, i started to see them on the streets more and more. to date, i can say i see at least 5 or 6 new camaros on the roads everyday! that is A LOT! the car is no longer "exclusive", it doesn't really get that head turning reaction anymore unless i stomp on the gas, and it only gets driven 50 miles a week.

My wife and I have been discussing it for a few weeks now, she wants a new 2011 SRX, but we cannot afford 3 new car payments. the other day, i said to her, "what if we sold your car and the Camaro for the new SRX?" she looked at me like i was crazy saying, "if we did that you would resent me for the rest of our lives because you love that car." yes, i do love the car BUT it is... JUST a car.

IF, and that is a REALLY BIG IF, i went through with selling the Camaro, i will not accept less than $35k for it, might start out asking $37k. its fully loaded 2SS/RS with $5k in mods. i sat down last night and crunched all the numbers... if i sold it right now for $35k, trade in my wife's car and got the SRX she wants, we would actually be saving $600 per month in car payments, insurance, and fuel. i can either apply that money to pay off student loans and car payments faster and actually save enough in finance charges to where i would not be losing any of the money i put into the car, including monthly payments. it would be like i never spent money on a sports car once i pay off my debts.

or we could save that extra cash and save up for a down payment on a house once i'm in a permanent location with my job in a year and a half. i figured with that extra savings, plus saving part of my bonuses, we could have about $25k for a down payment by summer 2012.

well, that's my rant, i've really had a "come to Jesus" moment with owning her. i love the car, but a few years from now when i'm debt free and have a house, i should be able to pay cash for that Corvette i've always wanted!

i'm not really looking for a poll on if i should sell the car or not, that would be too typical for a forum. and please don't bash me, bash Dave Ramsey for this predicament!
 

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I had my come to Jesus moment when I drove the wifes 09 cts. Im telling you it hands down handles better stock than my camaro dropped 1" with new swaybars.

Im really really considering getting a v. Plus the car is 1,000,000 times nicer inside.

Food for thought.
 

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Realistically I would set your sights on selling your car for about $32K if you want to sell it within two to three months. If you couldn't part with it for $30K then I would just keep it.
 

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wow you bought it because it was new and to turn heads lol

if you would feel more comfortable paying off student loans and getting a vette down the road I would understand as it was something you wanted as a childhood kid plus you would get rid of debt.


You should want the car because you enjoy it not because its a head turner.


imo if you want a head turner get a loan from the bank and buy a 1st gen.
You should know any car you buy in TEXAS wont be rare for long when everyone has both a Truck and a Sports car.


I know for some time you have been wanting something faster.

GET WHAT MAKES YOU HAPPY. :thumbsup:


Remember modded cars are only something a special crowd wants.


Realistically I would set your sights on selling your car for about $32K if you want to sell it within two to three months. If you couldn't part with it for $30K then I would just keep it.
 

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Most people don't want to sell when they are upside down (owe more than the vehicle would sell for). Lets say you're upside down $4k if you sold it today you would realize the loss of the $4k immediately but if you keep making payments you will still realize the $4k loss only spreading it out over months of payments. If it would save you $600 a month why not start saving that as soon as possible?
 

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In all my car buying/selling experience, $5K worth of mods, including labor time/costs means virtually NOTHING to many SMART buyers. There's a handful that might factor that in if you find the right buyer. But normally, no. You have a car that many people could buy new for at or very near the price you're thinking of asking. Every time I hear "but I've spent $XXX in mods"....that goes in one ear and out the other.

Not saying you won't get what you're asking, and I hope you do should you sell, but I'd say you're closer to 33K vs. 35K. Just my opinion, so it doesn't mean squat.
 

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do what you gotta do but i wouldnt sell the car for a new srx. their nice, but not escalade money nice. dont you have a silverado now? why would you need an suv and a truck? do you get alot of snow? i wouldnt concider selling my camaro for a srx. no way. would i sell if for a used zr1? new z06? used 911 turbo.....HELL YES! but a SRX......no..... dont do it.
 

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Discussion Starter #8
i kinda wrote that wrong. i meant to say when i got it, it was a major head turner. i originally bought it because it looks awesome, has great performance, and completely different than other sports cars.

wow you bought it because it was new and to turn heads lol

if you would feel more comfortable paying off student loans and getting a vette down the road I would understand as it was something you wanted as a childhood kid plus you would get rid of debt.


You should want the car because you enjoy it not because its a head turner.


imo if you want a head turner get a loan from the bank and buy a 1st gen.
You should know any car you buy in TEXAS wont be rare for long when everyone has both a Truck and a Sports car.


I know for some time you have been wanting something faster.

GET WHAT MAKES YOU HAPPY. :thumbsup:


Remember modded cars are only something a special crowd wants.
 

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Discussion Starter #9
Most people don't want to sell when they are upside down (owe more than the vehicle would sell for). Lets say you're upside down $4k if you sold it today you would realize the loss of the $4k immediately but if you keep making payments you will still realize the $4k loss only spreading it out over months of payments. If it would save you $600 a month why not start saving that as soon as possible?
i owe $29k, trade in value on it is $33k, private party value is $35k. i didn't consider the mods i put into into what i want for the car.
 

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Discussion Starter #10 (Edited)
do what you gotta do but i wouldnt sell the car for a new srx. their nice, but not escalade money nice. dont you have a silverado now? why would you need an suv and a truck? do you get alot of snow? i wouldnt concider selling my camaro for a srx. no way. would i sell if for a used zr1? new z06? used 911 turbo.....HELL YES! but a SRX......no..... dont do it.

my silverado is my daily driver. my wife currently drives a 06 SRX, but wants the new one. the car isn't for me, it's for her. we currently are financing all of them, but if she got a new SRX, we couldn't afford all 3 car payments. plus, im only 23 years old. i bought the car when i was unmarried and living on my own. marriage changes everything! so if i sell the camaro and her SRX, we would only have 2 car payments and end up saving about $600 a month for our first home.

we looked at tahoe's and escalade's, and even acadia's and enclave's but she kept going back to the SRX. the new ones are very nice! all leather dash, heated/cooled seats, navigation, and its not so big that she feels uncomfortable driving it. that was her issue with the escalade and tahoe, they were too big for her.
 

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Discussion Starter #11
GOOD NEWS! the dealer we've been talking to just called us and said they just got in a 2010 SRX identical to what we are looking for with 8,000 miles on it. they haven't gotten a price on it yet, but clean retail on KBB and NADA averages it to about $40k. if we just traded her car in for the used one, our monthly payment increases $285 which is reasonable. my wife is guaranteed a raise at the first of the year, and we've been using all our extra money each month, about $2k, towards debt.

we're going to look at it now.

somebody splash some water on me for even considering selling my Camaro!
 

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my silverado is my daily driver. my wife currently drives a 06 SRX, but wants the new one. the car isn't for me, it's for her. we currently are financing all of them, but if she got a new SRX, we couldn't afford all 3 car payments. plus, im only 23 years old. i bought the car when i was unmarried and living on my own. marriage changes everything! so if i sell the camaro and her SRX, we would only have 2 car payments and end up saving about $600 a month for our first home.

we looked at tahoe's and escalade's, and even acadia's and enclave's but she kept going back to the SRX. the new ones are very nice! all leather dash, heated/cooled seats, navigation, and its not so big that she feels uncomfortable driving it. that was her issue with the escalade and tahoe, they were too big for her.
so she wants to get rid of her new SRX for a newer SRX? man, i dont know what to tell you but i sure wouldnt do it. i got my car before i got married. i just got married in april this year, and my car isnt going anywhere. if my wife wants a new car, shell trade hers in to get it. if she cant afford it, she will get something else. i understand compromising in relationships, but it sounds liek its her way or the highway. either way, i think youll be getting rid of this car so she gets what she wants. but then what do you get out of it since your getting rid of your car?

your solution, coming from me would be, find a demo SRX and have her trade her srx in on it. it will save you thousands of $ to not buy it new. still have a warranty and you will be the first owner since most demo cars arent titled. thats your best bet to save your car.
 

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GOOD NEWS! the dealer we've been talking to just called us and said they just got in a 2010 SRX identical to what we are looking for with 8,000 miles on it. they haven't gotten a price on it yet, but clean retail on KBB and NADA averages it to about $40k. if we just traded her car in for the used one, our monthly payment increases $285 which is reasonable. my wife is guaranteed a raise at the first of the year, and we've been using all our extra money each month, about $2k, towards debt.

we're going to look at it now.

somebody splash some water on me for even considering selling my Camaro!
good news :thumbsup: i would have personally flown out to see you and whooped your ass, had you gotten rid of your car......:lol:
 

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good news :thumbsup: i would have personally flown out to see you and whooped your ass, had you gotten rid of your car......:lol:
Amen to that! The only way I would sell mine is for the Z28. I would tell the wife to wait till hers is paid off before buying another one, (like I told mine). Cars always go down in value and as soon as she would drive it away it would lose at least $8000 in value. I owned 3 cadillacs and they lose a ton of money in value between the first 2 years of ownership. I know it is tempting but like my dad always said, "money doesn't grow on trees."
 

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Discussion Starter #15
i wouldn't call her current one new... yeah we bought it back in April, but it is 4 or 5 years old and has 60,000 miles. it is less fuel efficient and smaller in space. the seats are pretty stiff, not soft and comfy like the new one. and so far she pretty much gets what she wants if i want to stay out of the doghouse! the 2010 has all the bells and whistles you can think of, its the Premium package which is the top of the line model, so she should be satisfied for a few years... i hope :lol:

so she wants to get rid of her new SRX for a newer SRX? man, i dont know what to tell you but i sure wouldnt do it. i got my car before i got married. i just got married in april this year, and my car isnt going anywhere. if my wife wants a new car, shell trade hers in to get it. if she cant afford it, she will get something else. i understand compromising in relationships, but it sounds liek its her way or the highway. either way, i think youll be getting rid of this car so she gets what she wants. but then what do you get out of it since your getting rid of your car?

your solution, coming from me would be, find a demo SRX and have her trade her srx in on it. it will save you thousands of $ to not buy it new. still have a warranty and you will be the first owner since most demo cars arent titled. thats your best bet to save your car.
 

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good news :thumbsup: i would have personally flown out to see you and whooped your ass, had you gotten rid of your car......:lol:
yeah i think she drugged me, or hypnotized me and convinced me it was the "right" thing to do, so when i woke up it would be my idea, not hers :lol:
 

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Good luck! I hope your jobs are good steady ones in this economy. I know you want to make her happy, but one of the biggest reasons marriages break up is finances. Be careful.
 

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Good luck! I hope your jobs are good steady ones in this economy. I know you want to make her happy, but one of the biggest reasons marriages break up is finances. Be careful.
It kind of seems like for someone who is trying to save money you have a lot of cars that do the opposite.
 

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Discussion Starter #19
Good luck! I hope your jobs are good steady ones in this economy. I know you want to make her happy, but one of the biggest reasons marriages break up is finances. Be careful.
jobs are stable. as long as oil isn't below $40, we're safe. they keep throwing stock options and bonuses at me so i hope we're doing well. like my boss said all those perks come with the golden handcuffs, they show you a lot of them but you can't take it all at once, its divided up and vested a little bit each year.

i've heard that before about finances... but we are spending less than we make each month so we're not living beyond our means, credit cards are used for groceries and gas, then paid in full each month. if anything should happen we have an emergency fund, and worst case scenario, sell a car... or two.
 

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Discussion Starter #20
It kind of seems like for someone who is trying to save money you have a lot of cars that do the opposite.

it does, i completely agree! but we are managing it... it seems like a lot, but so far it is working; enough saved and in the emergency fund for lots of camaro mods and 3 months of unemployment. cars are my weakness... and shoes are hers! everytime i want to spend money on the cars, my wife puts me in check, and everytime she wants to go shopping i limit her! she doesn't take it as well as me :lol: but once i can afford that corvette with cash, maybe i could save enough so that i can keep the camaro too! who knows! i could die tomorrow and leave my wife debt free after she gets that life insurance check. ;)
 
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