View Full Version : So I have been thinking again...
ThoR294
10-27-2014, 08:58 AM
Here is my ultimate dilemma.
I am debating on parting with my WS6 again. I thought of it a while ago, but couldn't justify it. This is when I was still living with my parents, so I really couldn't part with it.
Story on my car is I have had it since I was 17. I wrecked my 94 formula after falling asleep driving to school, (http://www.njfboa.org/forums/showthread.php?t=65475) and shortly after that found my current WS6. I have done every mod myself, and the car and I have been through hell and back. Cracking a torque arm when driving home, rear U joint blowing out, setting off my airbags with 3 other people in the car at 10mph, spec stage 2 clutch roasting the PP under stock power, lady running over the front end of my car in a parking lot, many races and burnouts, fun cruises with the t-tops off.... I love this car, but at some point, I would kill for a house with a garage, and have my car in there instead of outside!!!
Now that I am off on my own (with my GF :bertstare:), I have a different thought process on it.
We recently tried buying a house, because her father decided to pay for the house and we would pay him the mortgage. We were looking, and were about to make our decision in a week or so, and he drops a bomb on us saying, "interest for life", etc. etc. bs. bs. So that was squashed hard.
Since moving out, medical procedures for my back, diabetes, more bills since I'm not under my parents roof, has really put a toll on my finances. I'm not SUPER SUPER in debt, but I do have Credit Card debit. I make huge payments every 2 weeks.
I am 100% selling the civic. After driving it, I just feel like a high school punk driving it, even though it is a BLAST to drive and it handles like a dream lol.
Anyway, my current thought process is:
Sell my WS6 outright OR Part out my WS6, keep some essential parts for my next bird (GMMG, MGW short throw, my stock wheels, and my sweet tail lights.
Pay off my debt and save for a house WITH A GARAGE to store my toys. If I sold the above 2 vehicles I would be out of debt.
Buy another pristine LT1 WS6, buy back my current bird, or buy a LS1 WS6. Keep it in the garage where it should be. Not rotting away outside like my current one.
I don't know most of you guys personally, but some input is always good from car people. If I was really going to sell my bird, I would prefer to sell it to a club member here who I KNOW will take good care of it, and maybe a few years down the road wouldn't mind selling it back :wink:. Of course, if they don't, no big deal... I'll find another!
TLDR:
Should I sell/partout my bird so I can pay off my debt?
LTb1ow
10-27-2014, 09:16 AM
You will never get what you want for the car and its a bad season to sell a perf (lulz @ LT1 perf) RWD car.
Find a place to stash it, take it off insurance and let it sit while you figure out life. Otherwise, take a hit on it price wise and move on. Whats KBB, 3 or 4 thousand? Ain't worth it IMO. But, if you really are strapped for cash do it while you have some fall season left.
Blackbirdws6
10-27-2014, 09:19 AM
Getting out of debt is always the most logical choice. Nothing ever goes quite to plan so while it will suck to sell the toys, knowing you are in a better financial position will relieve stress and put your mind at ease.
ThoR294
10-27-2014, 09:19 AM
You will never get what you want for the car and its a bad season to sell a perf (lulz @ LT1 perf) RWD car.
Find a place to stash it, take it off insurance and let it sit while you figure out life. Otherwise, take a hit on it price wise and move on. Whats KBB, 3 or 4 thousand? Ain't worth it IMO. But, if you really are strapped for cash do it while you have some fall season left.
Agreed lol, which is why I hinted at parting out :).
I know I can easily get ~$3-4k for 1/3 of the car lol.
Hood/airbox (OEM WS6 setup)
Vette wheels
Transmission
Rear end
Torque arm/xmember
Headers/Y-pipe
Getting out of debt is always the most logical choice. Nothing ever goes quite to plan so while it will suck to sell the toys, knowing you are in a better financial position will relieve stress and put your mind at ease.
Amen. Just thinking about when I have my own garage and parking a fresh WS6 in there makes me happy lol. Not seeing it outside everyday getting soaked, dirty, covered in snow... Rotting away...
LTb1ow
10-27-2014, 09:44 AM
Parting out takes time and a place to store parts. And with anything LT1, bring on the tire kicking, broke idiots who want everything for free.
ThoR294
10-27-2014, 09:45 AM
Parting out takes time and a place to store parts. And with anything LT1, bring on the tire kicking, broke idiots who want everything for free.
True. I can just leave it in my parents driveway while I piece it out. Financially that makes the most sense, but since I don't have a garage to piece it out, and it is getting cold.... its going to suck lol.
sweetbmxrider
10-27-2014, 10:25 AM
So you are going to sell both cars and drive what? I'd only part it if I can get the first big item or two sold before doing all of the small things.
ThoR294
10-27-2014, 10:29 AM
So you are going to sell both cars and drive what? I'd only part it if I can get the first big item or two sold before doing all of the small things.
My mom bought my G5 off of me, so I'd probably drive that again. I sold the G5 for the civic, so if I sell the civic I will be ahead by quite a bit in that game :)
True about the part out. I have my dads 93 non ram air hood I can use to cover the hood if I sell that together. Wheels are easy, trans/headers would be the hardest one to take out, out of everything listed. Knew I shouldn't have done the headers lol. Car sounds so damn good now though! oh well :P
1320B4U
10-27-2014, 11:13 AM
What could you get for the civic? I'd run that thru the winter and sell in the spring. Using someone else's car (even though its your mom) is not always the best thing to do. You'll have to jockey around her schedule to use it etc. Sell the bird to get you in the good financially and keep the Honda as its cheaper to run than the bird, plus the depreciation is out of the civic already.
Odds are, if everything goes to plan and once you are situated in a house down the line you'll probably never want you old bird again and get something better/nicer.
*Also be careful buying a house w/your girlfriend. I say that b/c if things go "Pontiac" and dissolve it will add another element to your stress (does 1 leave sticking the other w/the mortgage, want out and be force to put the house up for sale possibly taking a hit, etc). I bought my house when I was dating my wife, but didn't want to add her to the mix when it came around to financing. I know it will be harder securing a mortgage but may pay off down the line for the 'what if' scenario.......or put a ring on it.
ThoR294
10-27-2014, 11:19 AM
What could you get for the civic? I'd run that thru the winter and sell in the spring. Using someone else's car (even though its your mom) is not always the best thing to do. You'll have to jockey around her schedule to use it etc. Sell the bird to get you in the good financially and keep the Honda as its cheaper to run than the bird, plus the depreciation is out of the civic already.
Odds are, if everything goes to plan and once you are situated in a house down the line you'll probably never want you old bird again and get something better/nicer.
*Also be careful buying a house w/your girlfriend. I say that b/c if things go "Pontiac" and dissolve it will add another element to your stress (does 1 leave sticking the other w/the mortgage, want out and be force to put the house up for sale possibly taking a hit, etc). I bought my house when I was dating my wife, but didn't want to add her to the mix when it came around to financing. I know it will be harder securing a mortgage but may pay off down the line for the 'what if' scenario.......or put a ring on it.
As per honduh tech, they said $4500-$5000 depending on the buyer (lol). I paid $3000 for it. I am about ~$400 into it with the front/rear brakes, TPS, and carpet. Still has Indiana plates on it, so I am trying to not register it.
The G5 is a spare car, so no issue of me driving it everyday. My mom has a 09 camry but she wanted a "back up" car, even though her camry will never break :|.
Noted with the GF. She makes way more $$ than me so it may be the other way around lol.
sweetbmxrider
10-27-2014, 12:16 PM
Do not buy a house with your girlfriend. Buy a house with your wife or on your own.
ThoR294
10-27-2014, 12:19 PM
I'm OK with her buying and me essentially paying rent. As long as the place had 2 bedrooms and a garage lol
The_Bishop
10-27-2014, 01:03 PM
Listen to Sweetbmx.
If you can't land a mortgage without help, then don't buy. Especially don't buy a house with your girlfriend's father holding the note. You'll eventually end up broke, out on your ass, no cars and wondering what the hell happened.
ThoR294
10-27-2014, 01:10 PM
yeah, the father thing fell through. It was a good deal originally then he twisted it hardcore. He would not hold the deed (would be in the GFs name). Regardless, it won't happen.
I dont need to buy, I just want a place with a garage. I have to garage hunt now for my VFR because my parents garage is still full of **** and my friend is moving to FL sooner than he expected. I will not pay ~$100 a month for storage either. Ugh
sweetbmxrider
10-27-2014, 01:14 PM
Sell ws6, buy enclosed trailer.
ThoR294
10-27-2014, 01:18 PM
I was debating on a small movable shed. Pretty sure the HOA wouldn't have it, and my parent's driveway is already packed solid.
Trailer is a good idea. Wonder if it can sit in a parking spot at my condominium lol
BonzoHansen
10-27-2014, 01:22 PM
Clean house. You are not sitting on some rare Yenko car or anything.
ThoR294
10-27-2014, 01:24 PM
True. I wish my dad would do "Clean house" also. lol. He's sitting on a 66 corvair, 72 442 olds, 57 olds super 88, 39 ford coupe, 36? GMC panel truck, 52 olds 4door, 50something olds convertible, 93 trans am, 79 suburban......................................... and parts out the wazoo
Blackbirdws6
10-27-2014, 01:42 PM
Time to start getting the cars/parts sold. Not doing anyone any good by having them sit in a garage.
BonzoHansen
10-27-2014, 01:42 PM
there you go, sell your stuff, use his lol
ThoR294
10-27-2014, 01:44 PM
lol. he won't part with anything. I've tried. not gonnnnnnnnnnnnna happen :)
WildBillyT
10-27-2014, 01:48 PM
Dump it. Life comes first.
BonzoHansen
10-27-2014, 01:49 PM
lol. he won't part with anything. I've tried. not gonnnnnnnnnnnnna happen :)
You need to use the oldest trick in the book.
Looketh over there!
ThoR294
10-27-2014, 01:49 PM
Indeed it does. I think I am just finally able to part ways with it. Even though I've enjoyed so much with it.....
You need to use the oldest trick in the book.
Looketh over there!
lol. If only... :P
sweetbmxrider
10-27-2014, 02:15 PM
I was debating on a small movable shed. Pretty sure the HOA wouldn't have it, and my parent's driveway is already packed solid.
Trailer is a good idea. Wonder if it can sit in a parking spot at my condominium lol
Check first, my complex has rules about that.
ThoR294
10-27-2014, 02:54 PM
Check first, my complex has rules about that.
They probably do. My best bet is just to keep asking friends if i can use their garage. I'd rather pay them than some storage company... I know Brian has a sweet garage that would look beautiful with a VFR in it ;) hahaha. just kidding of course :P
wretched73
10-27-2014, 03:46 PM
Don't be silly, sell all your excess.
My camaro is now living a new life as a bicycle or some **** (i scraped it), because i was flat ass broke. And i will not buy anything else until i have a place to store it and money to afford the nonsense i want to do with it
ThoR294
10-27-2014, 03:48 PM
Don't be silly, sell all your excess.
My camaro is now living a new life as a bicycle or some **** (i scraped it), because i was flat ass broke. And i will not buy anything else until i have a place to store it and money to afford the nonsense i want to do with it
that made me lol at work.
Unfortunately, I think Im just going to sell it. Once I start rolling in dough, i'll get an unmolested one and start over...
NastyEllEssWon
10-27-2014, 04:12 PM
Dump it. Life comes first.
this x100. I sold my silver Trans Am about 4 years back in order to buy myself out of a really bad housing lease and move into a house twice as big for half the cost. I really do miss that car but it allowed me to not only get out of debt but as an added bonus the extra room in the house meant I could have an office to work out of...and now things are doing so well that I can afford to buy 3 Trans Ams if I wanted to. sometimes doing the grown up thing hurts, but it'll work itself out in the end.
ThoR294
10-27-2014, 04:13 PM
this x100. I sold my silver Trans Am about 4 years back in order to buy myself out of a really bad housing lease and move into a house twice as big for half the cost. I really do miss that car but it allowed me to not only get out of debt but as an added bonus the extra room in the house meant I could have an office to work out of...and now things are doing so well that I can afford to buy 3 Trans Ams if I wanted to. sometimes doing the grown up thing hurts, but it'll work itself out in the end.
Amen. I wish for that. Thanks brother :) OT but, What do you do for a living?
NastyEllEssWon
10-27-2014, 06:44 PM
I do some video editing and production :D
madness410
10-27-2014, 08:44 PM
you've had this car since you were 17. ask anyone if they had the opportunity to buy their first car back they would probably say yes. the sentimental value of this car seems heavy for you.
if you were to sell it now you most likely wont get what you want for it because not many are in the market for a rwd muscle car just before winter unless they can get a great price on it.
if you part it it will take time and space and you may very well still have a lot of the car left over come spring when people are in the market for the rwd muscle cars and by then you could have kept it in tact and possibly be able to sell it for more in the spring than right now had you decided not to part it and sell it outright.
id say now is a bad time to think about letting it go. if it were me id hang on to it until at least spring then reevaluate life then. there are many other ws6's and muscle cars out there for you to buy but there is only one like this that has a lot of good memories and sentimental value to it.
ThoR294
10-28-2014, 02:15 PM
I do some video editing and production :D
Nice ;)
you've had this car since you were 17. ask anyone if they had the opportunity to buy their first car back they would probably say yes. the sentimental value of this car seems heavy for you.
if you were to sell it now you most likely wont get what you want for it because not many are in the market for a rwd muscle car just before winter unless they can get a great price on it.
if you part it it will take time and space and you may very well still have a lot of the car left over come spring when people are in the market for the rwd muscle cars and by then you could have kept it in tact and possibly be able to sell it for more in the spring than right now had you decided not to part it and sell it outright.
id say now is a bad time to think about letting it go. if it were me id hang on to it until at least spring then reevaluate life then. there are many other ws6's and muscle cars out there for you to buy but there is only one like this that has a lot of good memories and sentimental value to it.
Yeah unfortunately I picked a bad time to do this. In the end though, I think parting out would yield way more $$$. I could keep my stock WS6 wheels, sick tails, GMMG, shifter, and springs/shocks. Everything else I'd be willing to part with. At this point that may be the best. I'll keep it listed through the winter anyway to see if I get any bites on it.
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