boosted Si! like ur name, gotta keep it JDM yo!

n yea i think its a good idea to get a home with a garage and then get another S

 

ya, FWD sucks, but its a cheap drug, and it sips gas. althought the SS is just about as fast as a SC s2k stock and that would be fun too.

 

your reasoning is perfectly sound BUT life is short - take calculated risks if it means it will save you from regrets.

 

!!! Sorry you have to sell man. I've been in your place numerous times as we're in a very similar situation, however, every time I get ready to start parting out my car, I start thinking that once the car is gone, I know that it'll be really tough to actually get one again because I'll be wrapped up financially in other things (and I want to travel/live internationally for a year or so once I graduate in May).

I hope that selling and getting another car will actually be saving you enough to make it worth it!

-Justin

 

ya, ive been using that rational for the last year or so, as ive known that i really should sell that s2k. BUT....i would regret not buying a house when i should have, and at my age, if i can get into a house before im 25, and build up a NICE goose egg in savings......i really cant not make this decsion.

 

How much can you really pocket from selling a 2002 S2000 and buying a LS1 Camaro or even a EK Si? If you're selling the car, putting the money toward the house, and financing the new car and a house then you're financing the same money only to be paying more interest (used car loan interest > home interest) than if you just financed the house.

Why not pay off the S, then save what you would have been paying as a car payment until you can put that money down on a house. Or if you're going to sell the S to get a house, do it right and get a real junker that you're not gonna be making payments on and put the rest toward the house. Payments = bad. When you're almost done paying for something is not the time you want to sell it.

 

i owe $1234.34 on the s2k. i wouldnt be financing anything. the whole idea is to get something fun used, and pay cash for it. but i see what your saying.

 

i agree--the S is free after that. talk about a cheap drug--i wish mine was all paid for!

you can probably just finance a bit more on the house by getting a HELOC (home equity line of credit), unless you're planning on using the money to furnish your new place. that way, you net the equity on the home appreciation--which is the real reaon to buy--and still get to keep your toy!

 

It really doesn't sound like you stand to pocket a lot of money by selling the S and getting another car that you will spend $$$ on modifying. Are you sure you're not just tired of the car?

 

Damn, that loan is just about paid. Pay it off and keep the S. I am with the other ppl here, I do not think you would benefit much by buying another car