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Old 09-28-2010, 04:39 AM   #1
Jake D
Registered User
 
Join Date: Nov 2009
Location: Dayton Ohio
Posts: 225
May have to sell the car....need suggestions

So here's the break down. I bought an 00 S with 30k last year after driving one and loved it. I am a 25 yr old school teacher and have been renting to own a house my mom owns for the past 7 years. I haven't had to pay rent in years as I have worked at my mom & stepdad's business on nights and weekends with no pay to cover rent. That's pretty much why I have been able to afford the car on a minimal salary.

Well my mom is now getting a divorce and is taking back my house so she has a place to go. I am not being kicked out but all my **************** has to go and I really don't want to have to live with my mom.

So here's where I am at right now.....

1.Sell the car to get rid of a $300 payment (3 more years till payoff) and consolidate my financial loans in order to get a place

2.Try to find a low budget foreclosure house that I can afford and fix up and see if I can roll the rest of my loan (roughly 10g's) of my car into the mortgage

3.???? Suggestions?

I don't want to get rid of the car but unless I win the lotto, I pretty much have no real options to get out on my own anytime real soon. Since the split and being back to school now, I have not been working at the business as an extra means of income.
I don't want to lose the car but I am also in fear now with my budget that if anything serious would go wrong with it I also would not be able to afford to buy the parts (I was a mechanic for 6 years all through college)

Thanks for the suggestions..
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00 S Triple Black- Smoked lights, Tinted windows, Stainless exhaust, IwireP ipod cable, desnorkled, painted bumperettes
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