Reformed Roman
Puritan Board Freshman
So I am not a car guy by any stretch of the imagination. So I got myself into a pickle.
I don't care too much how a car looks. I don't care that I have a sports car that can go 0 to 100 in 2 seconds. Because either way I was going to be stuck in traffic.
So I had two older cars, both with higher mileage and annoying problems. My wife and I both got car notes and sold those older cars. (one had slight mold damage from leaving a moon roof open, another was a 1999)
I decided to buy two 2015 Chevy Spark LT's.
They only have 80 horsepower, but I didn't care, because I was getting 40 MPG being the saavy person I thought I was.
Then I moved to South Dakota. The wind blows my car around like crazy out here. The interstates here have a 80 MPH speed limit with no traffic. And I travel them every day. So the wind blows me around like crazy, snow becomes more dangerous out here, etc.
My wife and I are in the place to possibly have a child in the next year or so as well. This means we will need at least 1 bigger vehicle to put a car seat in realistically.
I have little to no savings up.
If I try to sell my cars now I feel like it's a disaster. I paid $8,900 which was great value per kelly bluebook. But now if I sell to a dealer I only get $6,000 when I owe $8,000.
If I sell privately, blue book says I could get $7,500 to $8,000. But that would take a lot of time, and patience, and after I sell them, I would be without a car to go to work! (I doubt I could get approved for a loan until I sell first!)
So I'm not sure what to do, should I sell now, should I wait. I don't know enough about car engines to know if going 80 on the interstate with this low horsepower will destroy my engine. It's under warranty but still... I don't know the best time to sell, and if I do end up selling, I'm not sure what is the most EFFICIENT car long term to buy? I want convenience, less maintenance, and good gas mileage, a long term value. Don't care about anything else.
Any thoughts on the selling process, buying, and possibly what cars to look into?
I don't care too much how a car looks. I don't care that I have a sports car that can go 0 to 100 in 2 seconds. Because either way I was going to be stuck in traffic.
So I had two older cars, both with higher mileage and annoying problems. My wife and I both got car notes and sold those older cars. (one had slight mold damage from leaving a moon roof open, another was a 1999)
I decided to buy two 2015 Chevy Spark LT's.
They only have 80 horsepower, but I didn't care, because I was getting 40 MPG being the saavy person I thought I was.
Then I moved to South Dakota. The wind blows my car around like crazy out here. The interstates here have a 80 MPH speed limit with no traffic. And I travel them every day. So the wind blows me around like crazy, snow becomes more dangerous out here, etc.
My wife and I are in the place to possibly have a child in the next year or so as well. This means we will need at least 1 bigger vehicle to put a car seat in realistically.
I have little to no savings up.
If I try to sell my cars now I feel like it's a disaster. I paid $8,900 which was great value per kelly bluebook. But now if I sell to a dealer I only get $6,000 when I owe $8,000.
If I sell privately, blue book says I could get $7,500 to $8,000. But that would take a lot of time, and patience, and after I sell them, I would be without a car to go to work! (I doubt I could get approved for a loan until I sell first!)
So I'm not sure what to do, should I sell now, should I wait. I don't know enough about car engines to know if going 80 on the interstate with this low horsepower will destroy my engine. It's under warranty but still... I don't know the best time to sell, and if I do end up selling, I'm not sure what is the most EFFICIENT car long term to buy? I want convenience, less maintenance, and good gas mileage, a long term value. Don't care about anything else.
Any thoughts on the selling process, buying, and possibly what cars to look into?
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