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69MyWay 12-16-2006 05:07 AM

I would say $25K easy, with more possible from the right buyer. Therefore I would price it at $32K and be willing to negotiate.

With that being said, I was going through, and am still going through something like you. I don't have student loans, but I do have life issues. I took a different job position in mid 05 with a step back in pay to take advantage of a full relocation package and a whole new career option. My wife decided not to work and I had hopes of spring boarding through this position to a much higher salary by now. Needeless to say...her not working, less pay, living expenses drastically increased.....we were in trouble!

It became clear that was not going to make the next pay grade and I got real serious...about dumping my 69 Vette.

Our church sponsored some financial classes and I took some time to speak to a local financial advisor. We looked at our bank account and made some choices. My wife went back to work (she is a school teacher), and we cut and slashed excess (got rid of cable t.v.). While not in a crisis situation, I didn't want to BE in a crisis situation. We have since managed to build some savings, restructure debt, and have a little left over each month. It will be about 3.5 years before we can really see some comfort zone, but until then we will stay in the green.

Amazingly, I am kicking off another huge car project right now too. I am having to pay for it by doing side jobs and selling my headlight kits on the net. It is actually making it quite fun and adding a degree of challenge.

If you are curious, check out www.crown.org . It is a Christian perspective on getting your financial house in order. It works...even though some of it sounds kind of strange. There are hundreds of ways to get your arms around debt without going to the extreme. The good news is, that Camaro is the ace in the hole if all else fails. I would urge you to look at your whole picture, take a step back and look through the eyes of outside counsel, then decide what is going to work for you. Be patient...it took years to build that debt...it will take years to get rid of it. YOU CAN DO IT!

awr68 12-16-2006 07:55 AM

Quote:

Originally Posted by 69MyWay
Be patient...it took years to build that debt...it will take years to get rid of it. YOU CAN DO IT!

Just like weight loss...for most it takes years to get over weight and it takes years to get back into shape....keep your chin up and get a long term plan together and you will be fine!! :thumbsup:

FunkyNova66 12-16-2006 08:47 AM

Quote:

Originally Posted by Beegs
Local guy sold his 25K Nova for $15K to: "pay down debt" He thought 15K was a ton of money and it should make a difference.

Reality check: bankrupt, house is gone, credit is ruined AND his car is gone. If he had kept it he would still be in the same boat.

20K-30K is a pisshole in the snow in the big scheme of things. I would say work through it somehow.

^^Speaking words of wisdom. If there is a will, there is a way. :yes:


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