so s2k will put you back into the same spot. " a couple hundred more" you say.

"barely afford payments and insurance on the G"

A lower car note but a higher insurance rate puts you back into the same boat you are now.

The main reason why i LOL @ 13000$ is because what KBB says it worth is different then what a person is willing to pay. If you can find the right buyer then yes its worth $13000. But if not then it might be $8.5-10k car and at that point it might make sense to keep it.

Put it up for sale, see what you can get and then figure things out. You are playing with far far too many woulda/coulda/shoulda stuff right now. People learn the hard way what their cars are really worth when they try to sell it.

 

From what I've read so far, it sounds like your hell bent on getting an s2k...so get it. Your asking a bunch of G owners what you should do, lets think here. We are all going to say to keep your G!! I'll tell you this though, don't plan on getting anything near what the kbb value of your car is wroth, and witch value are you going by? Private seller or retail? Just a heads up, my G coupe kbb value is 24000 (retail) cuz of the low mileage and year but I only paid 18 for it. Its your decision ether way. If you think the best thing to do is sell your G and pay it off, go for it. You also have to remember that you'll be taking out another loan for lets say 5 years...thats 5 more years you will be strapped on another car loan compared to what you have left on the G. Your decision ether way man. If it was me I'd pay it off before thinking about selling.

 

get a higher paying job..
shop around for cheaper insurance..

www.progressive.com

 

Well a couple hundred is what I was quoted for 6 months so it is a little more than $30 a month. And if my monthly is lower than what I'm paying right now then I might still be saving money.

I am just using the s2k as an example. I could sell my car for whatever I can get, pay my loan off and go get a 240 if I just wanted some car. But if I decide on selling then I am going to see if I can manage to get a car that I will be happy with and so far a s2k seems like a solid car.

I owe more than 5 on my car right now so I'm still looking at your est of 5 years.

I get that I am asking G owners if I should keep my G but this is the only place I can go to have other people tell me their experiences with situations that might relate to mine. Isn't that what forums are all about?

 

From what I've been reading it sounds like it could be one of a couple of things .
1. You'd like an s2k,
2. I'm guessing your G is an auto and you'd rather have a manual.
or it could be 3. Your going to college and you think you can really impress better with a sports car instead of a sedan. (other words easier for)
lol
Okay being serious though. Its up to you really. But yeah I went through something similar.
Although, in my case it was created by my own stupidity. Anyway, what I ended up doing was parking/store my car for a few months because selling it is not an option for me. I just love this car too much and I already have a lot of good memories with it. Anyway, I called my insurance and changed it to just fire and theft and it helped a lot because it cut it down almost 75% of the monthly insurance payments and I put that difference in money into my car payments. For the months that it was parked, I stayed at my sister's because of my job and just used the public transportation to get around(I will be honest though, I HATE THE TTC) If I really needed a car I just rented 1 for the day or the weekend. And for those months, I really saved up money on gas/maintenance/insurance which gave me some breathing room financially and helped me pay it off a lot quicker than expected. And also kept some km off the odometer because I drive a lot lol. For example, in the 1st year I owned my car, I put 60,000km on it. Anyway, my point is if you really want to keep it and its the financial burden that's making you to think this way, there's many things you can do. Just look into them and see for possibilities to make them happen. If you just want to change cars because you'd rather have a manual s2k, go for it. We're only young once. But just try not to get yourself buried alive in debt. GL with whatever you end up doing and I wish you all the best.

 

I wouldn't daily an s2000 for many reasons, or any coupe.

I had a '01 Firebird LS1 before this car ( 4 seats, 2 door). I couldn't stand it, getting people in and out of the car was a pain, I haul more than one other person pretty often. That car was big but it didn't seem that big because it had 2 doors. I couldn't imagine driving something as small as an s2000 every day. And like stated before the power band would ignore me.

But like others have said, in the end it is your decision, money, credit history, etc. that you have to think about. In the end you have to do what you think will make you happy.

 

Do what makes YOU happy. If you are doing if for financial reasons, then it might be not be a good choice. Also, if you are doing it for financial reasons, then look into a Civic or something similar that will significantly lower you payments or you can pay cash for. Then, when you are in a better financial situation, buy what you really want. What you are suggesting will probably only sightly lower what you owe and, in the long run, does not appear to improve your situation enough to justify.

If you are doing it because you would rather have an S2k, then just do it.

 

Sell it! Gas is horrible. Get a Honda fit

 

I vote keep the G, try to to find a loan with a better interest rate. I honestly think a clean G, especially the sedan would get you laid more than S2000. Most women don't give a damn about sports cars, she sits her *** down on some nice Infinity leather seats and she will be impressed.
Shop around for cheaper rates if you haven't already, also they use to give discounts if you complete defensive driving. I remember mine would even give addition savings if you were in college and made and maintained a certain grade. That was USAA insurance though.

 

I have decided to keep the G!!!

market value of my car has dropped drastically and im not going to get the amount i want to be able to get out of my situation. thank you all for your inputs. Once it is paid off and if i still feel like I want something else then i will try to sell or trade at that time. And i will try to see whether i can refinance the loan to reduce payments.

 

Good choice !! Once you pay it off you could always do like do buy a sports car as a second car. That way it doesn't matter if you break it or need to do repairs/upgrades and you still have something nice and fun to drive (the G). It's really alot less stressfull that way based on my past experiences.

 

Yes, thats what we're here for. Sorry if I came off as a dick. I was just giving my honest opinion.

 

you could always buy something on the side. like i bought a motorcycle. But i was looking at older miata,mr2 and a whole bunch of other cars. Sure its not a s2k but you also dont have the pay a insane price.

 

Where's the option of selling the G, buying a $5,000 car, and living within your means?

 

I don't think you should do that, sell the G u have right now and get the leftover money $6k and get another G, but a used one. around 7-8k if u don't mind the higher mileage. I like the shifter on the s2k but its so small and compact compared to the g, well GL with ur decision