Buyer's remorse - some options.

"traderQAMobileTestAutomationMobileBoostOn" (el-peasant) 04/07/2015 at 00:14 • Filed to: None

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Post-Purchase Cognitive Dissonance. Is has arrived. Yeah it’s a bad-to-the-bone Challenger R/T, but it was twenty eight grand.

Options:

-Keep the Challenger through college. This sounds expensive.

-Sell the Challenger soon, carless for the next 2 years, buy ‘94 Camry (just an example) right before college. Now that’s a bit cruel, but the most beneficial in the long run.

-Sell the Challenger soon, buy ‘94 Camry soon after, use through college. See above.

-Keep the Challenger until the enjoyment goes away, buy and use ‘94 Camry through college. If the enjoyment goes away before college, I will drive a Camry. If the enjoyment does not go away before college, I will keep the Challenger. This idea sounds the best to me, and I predict that the enjoyment will wear off at the end of the year.

Ehhh I might lose the PPCD when I fire up that Hemi again in the morning, but what does Oppo think?

Flat Six > traderQAMobileTestAutomationMobileBoostOn 04/07/2015 at 00:22

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If you already bought the car, you might as well enjoy it for a while! Keep it spotless, scratchless, then sell it before college unless you are really hurting on the payments. You probably don't need a fancy car during college, there are so many other things to do.

Flavien Vidal > traderQAMobileTestAutomationMobileBoostOn 04/07/2015 at 00:23

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You're not in college yet and you got a 28k$ Dodge Challenger?? WTF??

I come from a rich family, but there's no way in hell my parents would have been stupid enough to buy a 350+hp car to the 16 year old me, eventhough it was pocket change for them. That's borderline irresponsible lol

traderQAMobileTestAutomationMobileBoostOn > Flat Six 04/07/2015 at 00:24

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Good idea. After 2.5 years then of owning it, I'm almost certain that the enjoyment will wear off.

Tuned-Port-Injected-Rage > traderQAMobileTestAutomationMobileBoostOn 04/07/2015 at 00:26

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You're 15, right? Sit back and enjoy your Challenger. Pick up a job to maintain it if you have to. But, right now, you seem to be in a pretty good situation. Take good care of it, then sell it in college if payments are strangling you (which is quite possible).

Not to mention, don't you think your parents would be more than a little pissed if you just turned around and sold the car that you have been looking so long for?

traderQAMobileTestAutomationMobileBoostOn > Tuned-Port-Injected-Rage 04/07/2015 at 00:28

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Can't agree more on the last bit.

My citroen won't start > traderQAMobileTestAutomationMobileBoostOn 04/07/2015 at 00:30

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Why not sell it and buy something else with the 25k? Something more useable and cheaper (gas at least) to maintain.

Jordan and the Slowrunner, Boomer Intensifies > traderQAMobileTestAutomationMobileBoostOn 04/07/2015 at 00:31

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I've had buyers remorse a couple of times in the 3.5 years of my 4Runner ownership, but even through being helplessly slow and a terror on gas, I am super glad I kept it. I regret not swapping for a bigger engine when the headgaskets blew, especially since it would've saved money in the long run.

Jayhawk Jake > traderQAMobileTestAutomationMobileBoostOn 04/07/2015 at 00:31

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Are you serious?

It hasn't even been a week, has it? Just enjoy the car. Even if you don't like it weren't you basically given it? That alone should be enough for you to not complain about not liking it. Even if it's not perfect it's not like it cost you anything.

traderQAMobileTestAutomationMobileBoostOn > My citroen won't start 04/07/2015 at 00:32

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If there's any car that has about 90% of the Challenger's appeal for about 50% of the price...

traderQAMobileTestAutomationMobileBoostOn > Jayhawk Jake 04/07/2015 at 00:33

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It cost my parents a lot though, who will also have to pay for college, while I contribute slightly with a part-time job.

I love the car to pieces, but after a while, it probably won't be worth the continuous sub-25 insurance payments.

My citroen won't start > traderQAMobileTestAutomationMobileBoostOn 04/07/2015 at 00:35

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You should drive whatever makes you happy, even if it costs money. Keep the Charger, or sell it and buy something else you might want.

Sampsonite24-Earth's Least Likeliest Hero > traderQAMobileTestAutomationMobileBoostOn 04/07/2015 at 00:43

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#humblebrag #spoiled #firstworldproblems #woeisme

Jayhawk Jake > traderQAMobileTestAutomationMobileBoostOn 04/07/2015 at 00:50

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It's not like you made them buy you the car.

As an independent adult if I was in your situation I would have asked to get something more reasonable and have the rest put away for after college, but that's becauee I have experience. If I was 15 and my parents gave me a $28k budget for a car I would have been stoked.

I wouldn't have picked an automatic Challenger but to each their own...

Flavien Vidal > traderQAMobileTestAutomationMobileBoostOn 04/07/2015 at 00:55

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You're 16 and your parents just bought you a 28k$ 375hp car that you will bang and crash very soon. I highly doubt they will have problems to pay your tuitions, the insurance and the gas for it.

If they can't or if they even THINK of these costscosts for that matter, they really need to get their heads examined and learn what the word "priorities" mean.

boxrocket > traderQAMobileTestAutomationMobileBoostOn 04/07/2015 at 00:59

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Return it if you can, buy a used Challenger, Charger, or Magnum (or 300) for easily $10k less. CarMax will even sell SRT-8s with their warranty!

CRider > traderQAMobileTestAutomationMobileBoostOn 04/07/2015 at 01:00

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I'd regret buying an automatic Challenger too. Keyword automatic.

Dr. Zoidberg - RIP Oppo > traderQAMobileTestAutomationMobileBoostOn 04/07/2015 at 01:07

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Your parents should have made you work at burger king and then pay for half of your '91 Legacy wagon.

Dr. Zoidberg - RIP Oppo > Flavien Vidal 04/07/2015 at 01:10

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And like several other fortunate youths on oppo, it appears no car is just good enough if it's under 50k :(

TopSirloin > traderQAMobileTestAutomationMobileBoostOn 04/07/2015 at 01:20

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Forgive me, but WTF is a 15 year old doing driving a 28 THOUSAND DOLLAR CAR?!

E. Julius > Dr. Zoidberg - RIP Oppo 04/07/2015 at 02:11

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ha fucking classic. It's one thing if there's a bunch of teenagers driving cars that cost more than a lot of the adults' DDs—people come from different situations—but the fact that almost none of them are happy with it says something. People learn though.

SlickMcRick > traderQAMobileTestAutomationMobileBoostOn 04/07/2015 at 02:18

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NO! Keep it.

Sure I probably would have gone in a different direction with a $28k budget but to each their own. Honestly I probably would have gone mad on CL and had at least 4-5 cars at my disposal. But that's just me and a dream I have.

Like many on this post I feel you should have started off a wee bit simpler but now that you're into the situation stick it out. The best thing you can do to alleviate your parents of major college bills is study hard in school now and when senior year rolls around apply for as many scholarships or grants as you can.

The fact that your parents gave you such a budget in the first place I'm almost certain they knew what they were doing and have planned out finances accordingly. If you can get a part time gig somewhere to offset whatever costs you can. At least gas money and maybe either some of the insurance or car note.

Jefffthereff > traderQAMobileTestAutomationMobileBoostOn 04/07/2015 at 02:29

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Give the car back. Start working. Delay college and driving until you can pay for it on your own. Gain self-respect.

JQJ213- Now With An Extra Cylinder! > traderQAMobileTestAutomationMobileBoostOn 04/07/2015 at 06:22

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....

Smh

I can't even think of the right words to use here without sounding like a dick

JGrabowMSt > traderQAMobileTestAutomationMobileBoostOn 04/07/2015 at 06:48

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I didnt have a car at your age (Im not that much older than you). Now I have a Magnum RT, and its my DD. You're going to need a good job to keep it as a DD, but as has been said, there are more important things. I had a Neon for 5 years before it got totaled, and outside of repairs and gas, I didnt put any money into it. Thats part of why I have the Magnum as a DD, and also part of why I have an SL.

That said, is your Challenger an auto or manual? The auto + 5.7 should return good gas mileage if you stay out of it, with MDS being your saving grace. I average 20mpg, with a bigger, heavier car, and I have a brand new HEMI in it.

Ultimately, it just comes down to what your willing to do. Some people just want something else, some people will fight for keeping what they have, and other people just settle. Which group will you stick to?

Sn210 > traderQAMobileTestAutomationMobileBoostOn 04/07/2015 at 07:09

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I've had buyers remorse with every car I've bought. Just enjoy it for now. If you dump it now, you're going to lose a good chunk to depreciation. Also, consider the others' comments. You're pretty damn lucky! Don't start complaining because you won't find a lot of sympathy.

NoneOfYourBiz > traderQAMobileTestAutomationMobileBoostOn 04/07/2015 at 07:57

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Sell Challenger.

Buy Corolla.

Take some of the proceeds and go on a singles cruise on which you have lots of sex. Smile big at all the Challenger owners not getting nearly as much as you.

yamahog > JQJ213- Now With An Extra Cylinder! 04/07/2015 at 08:12

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Right with you on that, I'm gonna just bite my tongue because I have nothing nice to say that hasn't already been said anyway. Just gonna enjoy being 24 and buying myself a bitchin Camaro for a bit more than $28k ;)

Eric @ opposite-lock.com > traderQAMobileTestAutomationMobileBoostOn 04/07/2015 at 08:14

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With your parents covering it, college, etc, why not keep it?

However, being brutally, painfully, realistic here, my girlfriend got a similar deal (parents bought her a brand new car when she got her license and paid all her expenses through college, though they did require her to get a part-time job) and I think she made an incredibly wise decision for a 16-year-old: A 5-door hatchback.

You move a lot in college and probably won't want to pay for the parking permit, so get something that you can pack full of all your belongings and that doesn't attract attention sitting in the dorm/apartment parking lot. A souped up coupe is not what you really want for this. If you were poorer, I'd recommend a beat-up lower-mileage minivan, since it can carry a lot of crap, attracts zero attention (college campuses and areas around them tend to have relatively high crime rates, so looking less interesting is a good plan), and gets you to those few places you need to drive to.

Jayhawk Jake > My citroen won't start 04/07/2015 at 08:27

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>cheaper to maintain

>BMW

Are you trying to bankrupt the kid?

Jayhawk Jake > yamahog 04/07/2015 at 08:27

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I wish I had been as smart as you with money when I graduated college. That's why it pains me to see some of these high schoolers on oppo blowing big cash on cars

yamahog > Jayhawk Jake 04/07/2015 at 08:50

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thanks :) I was also very fortunate to be able to build my credit from scratch and get my student loans out of the way in the three years since graduation, only had 5 figures of debt to begin with. Definitely would've been a whole different story without my grandparents help on tuition or if I hadn't gotten a good engineering job straight out of college.

E. Julius > traderQAMobileTestAutomationMobileBoostOn 04/07/2015 at 09:04

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my parents… who will also have to pay for college

They don't have to do shit. This is also an extraordinary privilege. Remember that when you plan a night out and one of your friends can't join you because they just borrowed $8,000 to get through the semester.

E. Julius > yamahog 04/07/2015 at 09:05

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Not to mention you also got a slammin' deal on that Camaro!

Jayhawk Jake > yamahog 04/07/2015 at 09:05

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I had no debt and solid credit out of college, but instead of saving money for a downpayment I financed a car 2 months in. Then traded it two years later, again without a big enough down payment.

I was not a smart man, though I'm enjoying my current car and I can't complain much, my only debt is my car.

E. Julius > traderQAMobileTestAutomationMobileBoostOn 04/07/2015 at 09:07

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You should talk to the Oppo who just sold his CL63 AMG for four cars and a jet ski.

JQJ213- Now With An Extra Cylinder! > Flavien Vidal 04/07/2015 at 09:07

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it just goes to show that if it's not your money, you don't care as much. You don't know the value of a dollar at all...

I hate being 17 and associated with these people because yes I have a 13 Civic... But its a base model and I make every payment for it myself and have been paying for it by working since I was 14

JQJ213- Now With An Extra Cylinder! > yamahog 04/07/2015 at 09:10

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I just look at it as the fact that I'm 17 and have been working for 3 years already to pay for my car. I know I'll be better off in the future.. And appreciate the value of a dollar!

DipodomysDeserti > Jayhawk Jake 04/07/2015 at 09:23

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If someone gave me $28k for a car I wouldn't have bought a fucking Charger.

Jayhawk Jake > DipodomysDeserti 04/07/2015 at 10:55

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A charger would have been better than a Challenger...

Your boy, BJR > traderQAMobileTestAutomationMobileBoostOn 04/07/2015 at 11:18

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Now correct me if I'm wrong, but I'm assuming now that you gotta pay gas and insurance, you gotta get a job, but oh no, we can't have that, can we? So I'm guessing you expect to sell the car, buy something for under $2k, and pocket the difference, don't ya? Allow me to explain why that plan is retarded- if you have any respect for your parents, well, you'd keep it, but if keeping it isn't an option, you'd pay them back, THE FULL $28k, not to mention if THEY have any sense at all (my money is on that they don't really, but I'm not gonna judge) they'd make you give back the money you get selling it, then pay em the remaining whatever is left toward the $28k, and leave you on your own for whatever beater you wanna get.

Either way, you won't be getting the big payday you expect from selling it.

PetarVN, GLI Guy, now with stupid power > traderQAMobileTestAutomationMobileBoostOn 04/07/2015 at 15:55

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I can't seem to reply to your actual post (#kinja'd) so i'll reply to your reply.

I got my GLI, for free from my parents. This car was $23,034 USD. This makes it four times more expensive than my brother's elantra, and double the price of my sister's sonic.

And you know what? For a while I really didn't like it. It pissed me off. it wasn't fast enough, or cool enough, and it was wrong wheel drive.

But then something amazing happened. I stopped giving a shit about what others thought, and I started having fun. I drove the GLi as it was meant to be driven, and I put work in to it (new tires, and a tune!)

Now? I love the car! Sure, it's no 4.6GT mustang, it's no Camaro, and it's no E46 M3, but it's just as fun as any of those cars would be day to day, and it's a better daily.

I paid $23K for a USED JETTA. and I do not regret it one bit!

Enjoy the car man, because you have one bad-ass, fast, cool ride, with a pretty big aftermarket! :D

JQJ213- Now With An Extra Cylinder! > traderQAMobileTestAutomationMobileBoostOn 04/11/2015 at 08:50

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After a lot of thought I know what to do...

I will buy you a 94 Camry! I'll get one of the nicest ones I can find. We will trade then so you get the Camry and I get the challenger. I mean hey, it's not like it was your money anyway.

jkm7680 > traderQAMobileTestAutomationMobileBoostOn 04/11/2015 at 08:51

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Holy hell guy. You are 15 and have a $28,000 car. You shouldn't be complaining at all.

Didn't we all tell you not to have your parents spend that full amount on a car? $10,000 would be responsible and more than one person actually said that.

Manwich - now Keto-Friendly > traderQAMobileTestAutomationMobileBoostOn 04/12/2015 at 14:10

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WAIT a second... your parents bought it for you??? Well then there is ONLY things you should be doing are:

-Express to them how much you love the car and how grateful you are. Your parents bought you the car because they love you and want to make you happy. Letting them know the car makes you happy and that you appreciate it will make them happy and they will feel it's money well spent.

-Take care of the car, don't abuse it, don't drive it like an idiotic fashion where you risk your life. The WORST thing you could do is crash and get yourself killed.