Should I?

"Makoyouidiot" (makaan12) 01/21/2017 at 21:44 • Filed to: carbuying

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Haven’t posted to Oppo in nearly a year, so here we go. My 500 is starting to edge close to 80k miles, and I’m feeling itchy for something different-ish...but I still like the car. So I found this 500e, which has somehow found it’s way to Texas. I’m thinking it’d be different enough that I’d be content for a while, but it’s still my favorite brand and car, somewhat, with a lot less miles. Problem is, I owe around 7k on my current 500, and at best it’s worth maybe 5k, and I’ve got three years left on the loan for it. So I’m torn.
Pic is of my current. Cept now the hood stripe is gone and the wheels are orange. :)

!!!error: Indecipherable SUB-paragraph formatting!!!

DC3 LS, will be perpetually replacing cars until the end of time > Makoyouidiot 01/21/2017 at 21:47

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Keep it til it’s paid off. Then drive it for 5 more years or until the engine/transmission shits out.

Makoyouidiot > DC3 LS, will be perpetually replacing cars until the end of time 01/21/2017 at 21:50

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I could definitely do that, I just get bored having the same car for years on end.

1111111111111111111111 > Makoyouidiot 01/21/2017 at 21:51

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You could go Bolt...Roll the 2k into the new loan and be out the door with about 32k debt.

DC3 LS, will be perpetually replacing cars until the end of time > Makoyouidiot 01/21/2017 at 21:52

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That’s why you buy a project car!

For Sweden > Makoyouidiot 01/21/2017 at 21:54

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Buy it. It would be a poor financial decision, but we need to Keep Oppo fEiat

HFV has no HFV. But somehow has 2 motorcycles > Makoyouidiot 01/21/2017 at 21:55

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I’m with the other guy. If you want to go into debt just buy another car. Something from the 80s.

Alfalfa > Makoyouidiot 01/21/2017 at 21:56

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How’s your wrenching skills? Maybe get a beater/project with cash to keep things interesting while you pay off the Fiat.

1111111111111111111111 > DC3 LS, will be perpetually replacing cars until the end of time 01/21/2017 at 22:01

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My son told me today he wants to get a car the nobody wants. I asked him why, he said he wanted gears for his parts collection. I asked if we could get a car that didn’t work right and make it work...He said no I just want gears. I’m hoping this clears up soon.

Makoyouidiot > Alfalfa 01/21/2017 at 22:06

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They’re...average. And that’s what I’ve done for the last several years. But I always end up selling the project after 6 months to a year, I’m an impatient sort. Unless it’s something I really love.

Makoyouidiot > 1111111111111111111111 01/21/2017 at 22:07

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Nahh, I promised myself I’d never fall into the new trap of a new car again. Slightly used? Sure. Beat to death? Sure. New, so that I can get the depreciation boning...no sir.

Makoyouidiot > DC3 LS, will be perpetually replacing cars until the end of time 01/21/2017 at 22:08

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True.

Makoyouidiot > For Sweden 01/21/2017 at 22:08

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You make a point. There aren’t nearly enough Italian cars on the roads.

Makoyouidiot > HFV has no HFV. But somehow has 2 motorcycles 01/21/2017 at 22:08

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Just out of curiosity, why the 80's?

Frenchlicker > 1111111111111111111111 01/21/2017 at 22:09

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I am thoroughly confused as to what is going on there.

Frenchlicker > Makoyouidiot 01/21/2017 at 22:10

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In all fairness your particular car receives one of the worst depreciation bindings there is especially with that many miles.

Makoyouidiot > Frenchlicker 01/21/2017 at 22:16

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Truth. Nice thing about the 500e I was looking at, it looks like the depreciation bit during the lease. Can’t get much cheaper and still work.

HFV has no HFV. But somehow has 2 motorcycles > Makoyouidiot 01/21/2017 at 22:19

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Idk I just love 80s cars. Plus a lot of cool 80s cars are starting to go up in value. So say for example you bought a Chrysler Conquest or Starion. There is a chance that in a few years it’ll be be worth what you’ve put into it.

Racin'Jason001 > Makoyouidiot 01/21/2017 at 22:36

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Where have you been?

1111111111111111111111 > Makoyouidiot 01/21/2017 at 22:44

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I haven’t been too worried about it when buying a new car that’s only 30k or so. I’m planning on buying something fun like a corvette or viper, and that I would never buy new.

Frenchlicker > Makoyouidiot 01/21/2017 at 22:54

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That’s what I thought when I saw the story about them on Jalopnik. If they were available in Indiana in a decent amount I would look at getting one.

MyJeepGetsStuckInTheSnow > Makoyouidiot 01/21/2017 at 23:15

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Especially considering those 500e’s are wholesaling for $4200.

MyJeepGetsStuckInTheSnow > Frenchlicker 01/21/2017 at 23:16

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For the price they are going for it might be worth a road trip!

Frenchlicker > MyJeepGetsStuckInTheSnow 01/22/2017 at 09:56

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It would take far too long to get back home with a range of only 84 miles or I would seriously consider it.

Makoyouidiot > MyJeepGetsStuckInTheSnow 01/22/2017 at 23:37

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Yeah, the value is there

Makoyouidiot > MyJeepGetsStuckInTheSnow 01/22/2017 at 23:37

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ROADTRIP

Makoyouidiot > Frenchlicker 01/22/2017 at 23:37

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three words: car hauling trailer

Makoyouidiot > Racin'Jason001 01/22/2017 at 23:40

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Busy busy working. Also, I took up kayak fishing, got serious playing with guns, and most important, dealing with being a dad twice over since last Feb. (suspiciously the last time I posted was last Feb.)

Makoyouidiot > HFV has no HFV. But somehow has 2 motorcycles 01/22/2017 at 23:41

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True. Sadly about the only 80's car I have interest in is a DeLorean :)

Racin'Jason001 > Makoyouidiot 01/23/2017 at 07:27

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Wow, that’s amazing!

Frenchlicker > Makoyouidiot 01/23/2017 at 08:07

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I’ve got some more words: I don’t think my XJ has got that in it. Which means for the price of renting all of that and going to get one it would almost be worth getting it through Carmax and having one moved here.

Makoyouidiot > Frenchlicker 01/24/2017 at 15:23

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Makes sense. If you could find one at a Carmax, anyway.

Frenchlicker > Makoyouidiot 01/24/2017 at 18:53

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There are several at Carmax. However that start out at over $10k.

Makoyouidiot > Frenchlicker 01/30/2017 at 17:52

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Hmm, still not a bad price, really.

Frenchlicker > Makoyouidiot 01/30/2017 at 19:40

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No, not for an electric car with a very usable range.