Lost my job should i sell my type r

[acag]

I say sell the car to Carmax or Carvana like someone mentioned, they usually have the best quote options and stand by them. Bank the equity you made on the CTR then get something cheap to get you to point A-B... it's not a collector's item like a S2000 or ITR so you can always get something fun later.

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[typearghhhh]

sorry to hear that bro!

 

[Byron Sexton]

Man its extra hard out here. I'd Say!!! give yourself 6 months look aggressively for a job. Don't get rid of the Type R yet. There is work out here, even more for people willing to not remote and come into the office.

 

[NapalmEnema]

My hesitancy is its a special car,my wife makes great $,and I still need a another car obviously. It does make financial sense though.I could get a new wrx base for msrp for 15k hmmm.payments would be in the 200s and it's plenty of car in reality. Subaru will give me 45885 for the type r.

No - keep the car find new job. You're going to regret selling it for a WRX.

Also -

WRX will top 30 in this market so what are you gaining?
WRX is less reliable - less fun - less fast - less practical - and mad ugly if you're thinking the new one

Sell when you have to, not because you're a bit panicked right now.

 

[jconnway]

I was a assistant director making just north of 50k.my out look is tough because I have 2 young kids so I had to turn down a good offer at $24hr because of mandatory ot.I would have made bank honestly but don't have anyone to watch my children. So I might just go back to bartender/server Part time I was bringing home $800 in 30hrs.

Geez, I'm surprised you have a type R on that 50k to begin with! Sorry to hear, I’d say keep it and see how the next few weeks go

 

[SmokeGhost]

Dont wanna get all preachy. But this is a cautionary tale of living outside of ones means.
good luck and God bless.

 

[Mufasa]

Dont wanna get all preachy. But this is a cautionary tale of living outside of ones means.
good luck and God bless.

Didn't wanna say it either....but damn. Almost didn't want to see that post . Financing a CTR at MSRP being over 50% gross income is not the move. Please sell it and get on the hunt for employment.

 

[Infinity000]

Your a grown man with a family. You are not a 20 year old kid trying to impress the young ladies.

Get your priorities straight.

The best thing to do right now would be to sell it, and buy a used car for what your banking off the sale. Then you don't have any payment to worry about.

It's only a bunch of metal, and a bucket of bolts.

It's a Honda Civic, it's not a Ferrari, it's not a Lamborghini.

You can have a fancy car when the time is right, now is not that time.

You need to learn the difference between needs and wants.

You NEED a car.

You WANT your type R, but you don't NEED it.

Good sir OP, I too ran into a similar situation and posted a similar question on this very forum previously. I almost lost my job due to a disorder and was almost on long term disability. I panicked and posted here a similar question. After reading a few responses I realized that reality dictates to us the answer. I would never ever place my family in financial straights over a car. I determined that if I lost my job I would sell the car. Fortunately, I managed to find a medicine that helps with the disorder and allowed me to return to work. I was able to keep the car.

Your circumstances are different, but the reality is the same. If holding the car were to place your family at risk, then sell it. If not, then hold onto what you can, within reason.

 

[bigbacon]

Sounds like you over spent on your car anyway. 575 bucks a month and you can survive 3 months?

 

[n2da2nd]

Sorry to hear about the bad news, man. If I were you, I would sell the car and take the gain of $14k (given it is true and not a scam like someone has mentioned). You might not be able to make that much of a gain from non-exotic cars in today's market ever again. Have you tried applied again for your field on LinkedIn? This Great Resignation has opened up a lot more opportunities for better pay. Best of luck, man!

 

[CTR39322]

Carvana offered me 46900 for my 21 R with 3500 miles, I would try and see their offer

 

[Bobbyt]

Geez, I'm surprised you have a type R on that 50k to begin with! Sorry to hear, I’d say keep it and see how the next few weeks go

My wife makes 150k so we make out well as a unit

 

[Bobbyt]

Carvana offered me 46900 for my 21 R with 3500 miles, I would try and see their offer

Offer is 44k carvana

 

[Bobbyt]

Dont wanna get all preachy. But this is a cautionary tale of living outside of ones means.
good luck and God bless.

Yes and no my wife makes good money 150k

 

[arpypat]

Sounds you need to figure this out with your wife, since she's head of the household...

My vote would be sell your car and take the 14k to buy a used car. Drive it to the ground and build up your cash reserve.

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