Author Topic: Should I sell it or keep it??  (Read 1673 times)

Offline 22angel

  • Learner's Permit
  • *
  • Location: Manitoba Canada
  • Posts: 18
  • Carma: +0/-0
  • Gender: Female
  • member
    • View Profile
Should I sell it or keep it??
« on: June 27, 2006, 03:48:28 am »
Ok, so I have this dilemma coming up right shortly.   ::)  I think in order for me to follow my dreams and go to school, I have to sell my car.  Which isn't a bad thing, really.  (See Here).  On a side note:  It doesn't do anything for anyone else that drives it, just to me!!  Seriously.  I don't really care if I have it or not, as I'm going to be 4500 kms from my family, and I do have friends that have vehicles as well. 

So you need some info (haha I'm cheating...I'm looking at the Owner's Manual):  2000 4 door Cavalier, 2.2 liter L4 Engine, remote keyless entry system, automatic, power locks, tape player, 2 new tires....ummm what else do you need to know?  Oh, I have about 147,000 km on it (not quite sure as the LCD crystal used for the odometer on a lot of the Cavaliers that year were faulty - my mechanic told me - and I don't have $400 to get it fixed.  Will I need to get it fixed before I sell it??  It does work, it just doesn't show all the numbers all the time), it's highway driven 99% of the time......

I have until next April to pay for it, then it's mine.  But I honestly don't want it b/c of the extra cost ($400 payments every month, plus $100 insurance--Manitoba insurance, possibly more elsewhere, so that's $500 more a month that I could have).  I was thinking of asking about $3500 for it.  Is that too much or too little??  Should I sell it privately or just take it to a car dealership and let them handle it??  (I'm seriously thinking the car dealership, just for the easiness factor).  Hmmm.  I think that's all that I can think of at this time.     

Offline AVToller

  • Car Crazy
  • *****
  • Location: At home in NS
  • Posts: 10170
  • Carma: +1/-0
  • Gender: Male
  • Going to the dogs
    • View Profile
Re: Should I sell it or keep it??
« Reply #1 on: June 27, 2006, 10:21:27 am »
This seems to be a fairly easy one. You don't like the car. You don't NEED the car. It is costing you a lot of money you can't really afford. Dump the beasty!! Even if you gave it away to a charity, you would be $500/month ahead. Look in the local car trading paper to get ideas of an appropriate selling price and accept what is offered without too much of a fight. Enjoy the savings.  ;D
Retired, married, and loving it
Ross

Offline tenpenny

  • Car Crazy
  • *****
  • Posts: 3906
  • Carma: +5/-2
    • View Profile
Re: Should I sell it or keep it??
« Reply #2 on: June 27, 2006, 10:35:11 am »
This seems to be a fairly easy one. You don't like the car. You don't NEED the car. It is costing you a lot of money you can't really afford. Dump the beasty!! Even if you gave it away to a charity, you would be $500/month ahead. Look in the local car trading paper to get ideas of an appropriate selling price and accept what is offered without too much of a fight. Enjoy the savings.  ;D

Sounds like a boyfriend/girlfriend thing:  you don't like them, you don't need them, and they cost you a lot of money!!!!!!!!

Offline y2chuck

  • Drunk on Fuel
  • ****
  • Location: Oakville
  • Posts: 1423
  • Carma: +1/-0
  • Gender: Male
    • View Profile
    • Visit my site
Re: Should I sell it or keep it??
« Reply #3 on: June 27, 2006, 11:15:01 am »
I doubt any dealer would buy your car from you unless you were trading it in for something new.  Selling privately is likely your only option.

i would up the asking price to 4K or best offer.  might as well try and get some $$ out of the sale instead of selling it for exactly what you owe.
Current Cars: 2012 Mazda5 GS, 2011 Ford Fiesta SE Hackback

Offline Bullet Blue

  • Car Crazy
  • *****
  • Location: Dartmouth, NS
  • Posts: 6795
  • Carma: +9/-19
  • Gender: Male
    • View Profile
  • Cars: 2008 BMW 128i & 2008 Volvo C30
Re: Should I sell it or keep it??
« Reply #4 on: June 27, 2006, 11:49:37 am »
Definately get rid of it if you don't WANT it, let alone need it. You can try a private sale. I'm not sure about getting the odo thing fixed. I think it's something that you probably should do before selling it.

Offline 22angel

  • Learner's Permit
  • *
  • Location: Manitoba Canada
  • Posts: 18
  • Carma: +0/-0
  • Gender: Female
  • member
    • View Profile
Re: Should I sell it or keep it??
« Reply #5 on: June 28, 2006, 03:22:48 am »
Ok, general online consensus:  sell it!  lol  I told my brother and he just about freaked on me, b/c he thinks that I should have it, and I'll want it and blah blah blah.  So I'll likely keep it for awhile anyhow, and see how it goes.  Considering I have only a few months left to pay on it....  Thanks for your thoughts!