Am I ready to sell?
By Jess
@JJ4Ever (4693)
United States
July 2, 2008 3:07pm CST
A year ago this month, I bought a beautiful 1996 Chevy Camaro. I got it for a great deal considering how much it’s still worth. It’s been a really good car with no major problems, and the biggest investment I’ve made was a set of new tires, which were just under $500.
I agreed to sell the Camaro to my fiancé for $500 less than what I bought it for because he’s done a lot of work on it and kept it nice for me. (If I didn’t need the money so much, I’d just give it to him!) Since I need to furnish my apartment, he’s agreed to buy it from me. The Camaro is my second vehicle, so it has become quite expensive to have two cars.
Yesterday my fiancé and I took the Camaro to one of our friends who is also a mechanic. We wanted to have it checked out for some preventative maintenance to keep the car in good shape. He’d worked on the car before, so when he heard that I was going to sell it to my fiancé he mentioned that I should keep it or sell it for $6,000. I don’t doubt I could get that much out of it because it’s in such good shape.
He brought up some really good points and also put me in quite a dilemma! I already agreed to sell the car to my fiancé, but I technically have at least three options...
- I could sell the car to someone else for $6,000 and make at least a $1,500 profit including all of the money I’ve already put into it.
- I could keep the car and enjoy it myself, although that’s pretty much out of the question since I’m tired of paying for two vehicles!
- I could sell the car to my fiancé for a really good deal and still have the car after we get married.
What would you do and why?
P.S. It would make things a lot less complicated if I had enough money to buy a 2010 Camaro! (LOL)
3 people like this
6 responses
@Polly1 (12645)
• United States
2 Jul 08
I would do what you originally was going to do. Sell it to your fiance, after all he is the man you have chosen to marry and spend your life with. Plus like you said you will still have the car after you are married. You don't want to let money come between you now, there will be times when you have money issues. You don't want it to be something as insignificant as a car, even if its a nice car. Its still a car and if he needs one and you have an extra one. When it comes down to it, $1500 is not worth taking a chance that it could come between you two. Even though it would be nice to have the extra money. Have you asked him what he wants to do. Does he still want the car or does he think it would be smarter having the extra money.
2 people like this
@JJ4Ever (4693)
• United States
3 Jul 08
Hi, Polly. Thanks for the great question. My fiance really does still want to buy the car. He also looks very nice driving a sportscar. (LOL) He's still taking his time and contemplating the decision, though. I'd rather he not be impulsive when it comes to buying this car because there really isn't a rush on the issue. I can hold onto it for as long as I need to even with paying double insurance, gas, etc. Of course I'd do that for him. The only thing holding him back from buying the car is a more thorough checkup that he's having our mechanic friend do in a couple days. He's going to look it over in detail just to make sure there are no major problems (or potential major problems) with the car that'd need to be fixed right away. If we knew it'd have major problems within a matter of time, we'd go ahead and sell it for a decent price. My fiance paid for the most recent repairs on it that cost about $300, so I'd reimburse him for that through the sale of the car, and then the rest would be profit for me (above what I paid for and put into the car, of course). Just as you said before, I'd hate for this to become a financial burden or something that would put a damper on our relationship. You're exactly right that a car just isn't worth it. We've both always loved the car ever since I got it last year, but if it would become an obstacle between us, it'd be better to sell it and get it out of the way than have to fight over it and have issues because of it. I really appreciate your insightful response, because I never really thought about this issue that way! I'm glad you have our best interest in mind because I can certainly tell by your response! I'm one to get rid of a source of hard times in our relationship if possible rather than try to go through the trouble of fighting through it. It's at that point it'd just become a power struggle, and I don't think that's right. (I hope that makes sense!) In our relationship, in other words, I think it'd be better to get rid of something that causes us to conflict (if that would ever come to be) than leave it in between us and have a horrible time over it. I think that's another key in allowing a relationship to work and be at it's best. Good for you. I love your response. Thanks again!
1 person likes this
@hellcowboy (7374)
• United States
3 Jul 08
If I was you I would sell the car to your fiance because you already told him you would sell it too him, and that way you would not go back on your word,because if you love him you,and plan on marrying him then it is the right thing to do,or you could talk to him about see if he thinks you should sell it to someone else and make ya'll some extra money.
1 person likes this
@JJ4Ever (4693)
• United States
3 Jul 08
I'm glad for your response because I'm an honest person and would feel so guilty going back on my work, especially with my fiance. I don't want to hurt his feelings or lie to his face! As long as the maintenance normal checkup thing goes well this weekend, he's planning on buying it from me. Of course, if we later come to a point in our marriage where we need money more than the car, we can come to a mutual agreement to sell the car to hopefully get some extra money out of it. I never thought of that before, but I appreciate your response to help me come to that conclusion. Thanks and take care!
1 person likes this
@JJ4Ever (4693)
• United States
8 Jul 08
Thanks again! I know your responses are always great to read because they're dependable to be very down to earth, if you know what I mean. You seem to think along the same lines as I do, yet you always come up with things I never thought of. It's great! I appreciate your comment as well. Have a great day!
1 person likes this
@hellcowboy (7374)
• United States
4 Jul 08
Well I was happy to respond to you with my opinion and I hope it helped you out,and yeah I know guilt is a hard thing to live with,and yeah if it comes to where ya'll need money more than a car,ya'll can come to a mutual understanding to sell the car and make some extra money for ya'll,have a great day,good luck in your life,and Happy Posting.
1 person likes this
@gabs8513 (48686)
• United Kingdom
5 Jul 08
Lol I think you should stick to seeling it to your Fiance as you say you need the Money, it is to expensive to run 2 Cars and you will still be driving it, it's ok saying you could sell it for $6000 but will you get a Buyer? Also how would your Fiance feel about it? I mean if he is ok with it, then try to get a buyer and see what happens
Good luck Sweetie
@JJ4Ever (4693)
• United States
8 Jul 08
Hi, Gabs! Thanks so much for your response. I think the only way my fiance would be ok with my selling the car is if there was something horribly wrong with it that he knew our mechanic friend or anyone else we know for that matter could fix. That'd be such an awful problem that we probably could sell but not get that much money out of it. Even if we did try to sell a car for $6,000 that we knew wouldn't run for much longer, I wouldn't be able to handle the guilt of something like that...of course, I'd never do that to anyone in the first place! Since I know it's a great car with no potential for the awful problems I mentioned, I'm sure my fiance would be against selling it. You're right about one thing. In my response I seemed to just assume I'd be able to find a buyer who'd want my car for $6,000; however, the truth of your response is that I'm not guarranteed any of that! I'm not sure if I could find a buyer. I have several people who'd buy it if I wanted to sell it to them, but I'd want a buyer who realizes the worth of the vehicle, how rare it is, and then be willing to pay what I want for it. That's the tricky part, and you're exactly right! Thanks for giving me several things to think about. As always, Gabs, it's a pleasure to receive and read your response! Take care, my friend.
1 person likes this
@GardenGerty (160663)
• United States
3 Jul 08
I had already thought of the advantage of selling it to the fiance, so you would still have access to it, and it would be the best of both worlds. Especially since you already told him you would.
1 person likes this
@JJ4Ever (4693)
• United States
3 Jul 08
Thanks, Gerty! That's definitely what I'm leaning towards because I'm a woman of my word. He loves the car, and I know it'd break his heart for me to change my mind, turn around, and sell the car instead. That'd be such a slap in the face to him, and I couldn't and wouldn't do that to him. I have no reason not to keep it (through selling it to him, of course) because it's been a great and solid car for the year that I've had it so far. I'm just glad he wants to buy it, too, because it's easier to find a buyer that way; it's nice and really convenient for me. It'd be worth the money to sell it to someone else, but it'd be a lot more trouble to put it up for sale, continue to insure it, keep up with people I don't know who are interested in buying it, etc. I'm really not about making money at the expense of my fiance either. Like I said, though, I have to actually sell it to him because I'm buying furniture for my apartment, which is where he'll live as well after we get married. It sounds kind of funny that way because it's like I'm giving him a car, and he's furnishing our apartment. I think it's a great plan! Thank you for your response that further confirms in my mind what I've been thinking this whole time. I really appreciate it!
1 person likes this
@doubleloveyou (2466)
• United States
8 Jul 08
When do you plan on getting married? Does your fiance really want the car or does he just want to get you out of a jam? If it is the latter then he would probably agree to have you sell it to someone else. If he wants the car then great sell it to him. My suggestion would be to talk to him about it. You're going to be married so start off with good communication. It will pay off greatly once you are married.
1 person likes this
@doubleloveyou (2466)
• United States
29 Mar 10
WOW!! Congrats!!
It has been a Really long time since we had a chance to talk. So good to hear that things have turned around for you. I pray they continue to.
Now I have a Camaro. A 1994 red Camaro. Looking to sell mine too. LOL
Thanks for the BR. I look forward to chatting in the future as well.
Pastor G
1 person likes this
@JJ4Ever (4693)
• United States
8 Jul 08
We plan on getting married probably next summer or fall (2009). My fiance is one of the biggest reasons I bought the car (LOL) because he saw the car for sale and wanted me to look at it. I really like it, and it ended up being a great car and good investment. I got it for such a good deal. I know a second vehicle wouldn't be considered the best investment in the world, but it's still considered an asset and really comes in handy. It's a sportscar and muscle car, so of course, my fiance probably likes more than I do...that's not to say I don't enjoy driving it, though! (LOL) My fiance loves the car. He'd be saddened to see it sold to someone else when he could've bought it from me for a good deal. Lines of communication between the two of us are always open, so I'm not concerned in the least about our communication after marriage. I just thought it'd be an interesting subject to post on myLot to see what others would do if put in that situation. I pretty much already know I'm going to sell it to him because I'd hate to see him hurt and always enjoy giving him those things he enjoys. I would never hold anything back from him that I knew he'd love and enjoy, of course. The only thing holding us back from completely the transaction is money, number one. Second is that our mechanic friend is going to look at it next week when he has a chance to make sure there are and will be no major issues, for instance with the transmission or engine. That'll confirm what my fiance and I have already decided if everything goes as planned. Thanks for your feedback!
@JJ4Ever (4693)
• United States
28 Mar 10
Hi, DLY! Sorry for the lapse in time (about two years, to be exact) between your wonderful response and my crowning you with BR - LOL! As a reward, i just wanted to update you on the results of this discussion! I did not end up selling the car to my fiance at the time. We got married in July 2009, and we still own the Camaro. We are going to be selling it this summer (hopefully). The money we earn from it (we're looking for about $4,000 now, which is right at blue book private sale value) is going toward a 2010 Ford Fusion that I can't wait to get this fall. My hubby already has a 2004 Ford Ranger, and I still have my now-rusting 2001 Ford Taurus. (We're a "Ford Family" - can't you tell? LOL) So the Camaro needs to go or that would be four cars on our auto policy. That's too much if you ask me since we now have a house on our list of policies as well! Just thought I'd update you since it's been a while. Hope you are doing well, my friend!
@FaerieAne2003 (679)
• United States
7 Jul 08
Sell it to your fiance. After all, once you're married--what's yours is yours, and what's his is yours, too! He's kept it up for you, he loves you enough to buy your car from you (and you know he'll continue to take care of it), and you'll still get to "keep" it! If you guys are like me and my husband, I'm sure you'll be driving it just as often as you already do. It's nice to be chauffeured around from time to time!
1 person likes this
@JJ4Ever (4693)
• United States
8 Jul 08
You're right about that, I love being driven around! (LOL) Don't get me wrong, I love driving, and the Camaro makes it even more fun, but what's my fiance's after we're married will automatically become mine and also the other way around, of course, just as you said. I know we're a lot like you and your husband as you said because we put so many miles on our cars that it'll pretty much stay the same. Whenever we ride together, he always drives. In fact, I can count on one hand the number of times I've driven when he was in the car ever since we've known each other (over five years)! I appreciate your response and am definitely leaning toward your answer because it just makes sense. Thanks, Faerie, and take care!