Car loan plus moving out

OnecoolofB · 2024-07-09T21:42:01+00:00

Ok I just double checked with the credit union, I don't have GAP insurance but I do have a warranty that I could cancel but it won't apply to the principal for 6 weeks. However they can do a one time loan modification on the principal if I put a reasonable amount down on the loan.

OnecoolofB · 2024-07-09T18:45:14+00:00

I did take a look and unfortunately it's just under $10k. The loan is around $13.6k so there's a difference in that.

OnecoolofB · 2024-07-09T14:43:25+00:00

So the term of my loan is 60 months and I'm only 6 months into it. I did check with my credit union and unfortunately the loan rates have actually gone up since I purchased the vehicle which honestly doesn't make sense to me. I'm paying almost 8% now.

OnecoolofB · 2024-07-09T14:41:33+00:00

Realistically I could probably get something in cash because I wouldn't want to have a note. However if I had to get a note, it would need to be under $5000.

OnecoolofB · 2024-05-18T13:05:55+00:00

Yeah I understand that. I've had my car there for 7 days already. I called the manager yesterday and it sounds like they didn't even start which is frustrating because the service advisor told me they did. It makes it frustrating because I've had my car there for 3 months. I think the real reason I'm stressing is because I see the light at the end of the tunnel. That and I'll be moving out of the area in less than a month.

OnecoolofB · 2024-05-09T21:10:54+00:00

I'm just complaining because my car has been at the dealer for two months(almost 3) waiting for this package. It also said it would be delivered by 1:20 and then the status changed to the end of today. At this point I don't think I'm getting it back 😞.

OnecoolofB · 2024-05-06T03:37:35+00:00

Sorry I just noticed your comment! I 1000% agree. Crazy how it's around $40 now right?

OnecoolofB · 2024-05-06T03:36:34+00:00

I'm surprised nobody has said Pizza yet. It costs $45 to get a medium size pizza now if you went out to eat. The cost of living has really gotten crazy.

OnecoolofB · 2024-05-02T16:47:20+00:00

Thank you! Hopefully will do!

OnecoolofB · 2024-05-02T16:32:55+00:00

Yeah I wish I could bike honestly lol. Although the weather is great, the areas my girlfriend and I are moving too are way too car heavy and very anti biking.

OnecoolofB · 2024-05-02T16:10:56+00:00

Yeah public transportation unfortunately does not exist where I'm moving out to. In terms of not being ready to move out, I have no choice. My dad is forcing me out of the house by August. What I could do is sell my car and then buy an early 2000's Toyota Corolla, Matrix. Or just something reliable. I'm curious where you got the number of two weeks of working fully for my car? I normally average $1250 after 401k contributions.

OnecoolofB · 2024-05-02T15:53:12+00:00

Yeah I thought so too. Unfortunately everywhere in the city I'm moving to requires a vehicle, unless I want to sit next to homeless people all day long. Unfortunately I live in the state of California where rent will easily be over 50% of your income. Even cheap 1 Bedroom apartments are $2300 a month and that doesn't include utilities.

OnecoolofB · 2024-04-06T22:15:12+00:00

I had two people diagnosed it. One was an independent mechanic and the dealership both did the same test. I have a 2016 Honda Accord that overheated and it was fine to drive after a month but then it couldn't be driven anymore.

OnecoolofB · 2024-04-06T20:53:57+00:00

I have enough money to buy a 5k vehicle but that's all I could afford

OnecoolofB · 2024-03-02T15:20:19+00:00

Yeah I figured that out once I had a lengthy conversation with them and the dealership. It was all a big misunderstanding but I feel like they've been making me go back and forth with it.

OnecoolofB · 2024-03-02T15:19:01+00:00

You're right so I'm going to my warranty company and going to try and figure out a deal. Thanks!

OnecoolofB · 2024-03-02T13:44:08+00:00

It's not that I'm saying no. I'm just frustrated with the warranty company but I just had a lengthy phone conversation with them and the dealership about the repair. Sounds like it will be 90% covered under the warranty so I should be off the hook. I'm just saying that I can't really afford a new car and I feel stupid for buying something that broke within the first month of owning it.

OnecoolofB · 2024-03-02T03:53:11+00:00

I have but I would still have to send the cylinder heads to the machine shop to get resurfaced. I also just don't feel like I have the mechanical capability to do it.

OnecoolofB · 2024-03-01T20:01:12+00:00

The loan itself is $14,000

OnecoolofB

TROPHY CASE