All my life though I always wanted a convertible. A couple weeks ago I came across one that I just had to have! It’s a 2013 Chrysler 200 with 19,000 miles. Still smells like new. (Although I loved buying my Camry, will never buy new/new again)
The payments on my Toyota were $415 a month and I paid that off a couple years ago. However, since then, I have been putting those payment amounts in a savings account. I used that money for the down payment on the Chrysler and financed the remaining $4,500 over 30 months. My payments are less than half of what the Camry was.
My plan the entire time has been to keep both cars with my Camry being my primary source of transportation and the Chrysler as my “weekend” fun car. Well, since I have had the Chrysler, I have driven my Camry twice. I tell myself every morning to drive the Camry to work but somehow my ass winds up in the Chrysler. Perhaps the excitement of the new car hasn't worn off yet.
My question is -- Should I just give up the ghost and sell the Camry?
Pros for keeping: Better gas mileage. Complete car history known. Toyota’s are a wonderfully made car. Title free. More convenient when it comes to back seat passengers and great trunk room. All weather vehicle. Great in snow.
Cons for keeping: All mostly financial -- Insurance premium doubled. Another Sirius satellite subscription. Another annual personal property tax fee. DMV fees.
If I sell the Camry I’ll be able to pay off the Chrysler loan, pay off a 401K loan (small $) and pocket about $3K. The longer I wait to sell the Camry the less money I’ll get when I sell it. I have no idea how the Chrysler will be in snow (not that it snows all that much here) and when the top is down there is virtually no trunk room. But I guess if I do need the trunk room the top stays up. And mechanically, there are mixed reviews on Chryslers. I don’t beat up my cars or put a lot of miles on them so maybe this shouldn’t be too much of an issue?
I am financially able to keep both without struggling but are my reasons for keeping both a valid enough reason for the spending the extra money? So, what would you do?
[This message edited by IrishGirlVA at 11:55 AM, August 18th (Monday)]
Think of the haters in your life as sandpaper; they’ll scratch you up time and time again but in the end you’re polished, smooth, and spotless..while they end up useless
We make a living by what we get, but we make a life by what we give.
Can you delay your decision until you've been through a winter to see how the Chrysler handles?
"The dark does not destroy the light; it defines it." - Brene Brown
I'd ask other convertible owners how warm they were driving a convertible in the winter time.
Yes, I will definitely do that. Thank you. Only other convertible owner I know is my parents and they live in Florida. No help there. But I will Google to see what I can find out!
Is the gas mileage difference big? How long is your commute?
My commute is minimal. 12 miles one way and I take all back roads. The gas mileage on Camry is 21/30/24 (city, highway, combined) The Chrysler is 18/27/21. I guess not too bad.
Yes, I think that may be the best route to take. Personal prop taxes aren't due for another 6 months so that won't be an expense until Spring.
I've just been thinking about this the past few days because the poor Camry is just sitting in my driveway looking sad and neglected. I know it's just a car but it means a lot to me, too.
I also have a history of being financially irresponsible (20's to mid 30's) and don't want to fall back into that pattern either.
I think once the weather gets cooler and the "new-ness" of the new car wears off, you will go back to driving the Camry more and this will probably become the "weekend" car you intended it to be.
And suddenly I see...what I lost ain't no loss.
-Richie Kotzen, "What I Lost"
Seeing if you like the ragtop during winter is a good idea.
The Camry may be a great car normally, but if you let it sit, this particular one won't be. If you keep it, your best bet is to put miles on it.
I've always loved convertibles. My Dad actually bought one - a '67 fire engine red Pontiac Bonneville. Right after W & I got married. Boy, was I pissed! Funny, I got over it pretty quick, though - something about my W....
I've always been too cheap to buy a convert of my own. They conflict with one of my bigger goals - for my hifi system + music always to be worth more than any car I ever own....
After you sell it, do the same thing, and bank the extra money - that's a really good plan.
Sell the Camry and pocket the money!!
The people you do your life with shape the life you live
car go from un-driveable in the snow to unstoppable
Yup. That's what I'm always afraid of when driving in the snow....
Hmm...maybe I missed the point....