Well guys, I have never seen a post like this but maybe someone else has might have been through something like this.I was informed that my job had come to an end last week. I lost my savings and 401K through the divorce a few years back so no money to run on till another job shows up. I am letting my 2012 Buick Enclave go back with 5300 miles on it.There was no way to afford the notes and gas as I will most likely be taking a big cut in pay, probably 10 dollars an hour or more.my credit cards are the first to let go as I have to keep the house and utilities paid. Thats the scenario...The Grand Am was bought through a credit account and that account will get behind like all the rest of my cards for a while. The car has no front end on it and the interior is nonexistant. Should I hang on and take the hit or just sell it for as much as I can get trying to pay my accounts down. Either way with the voluntary repo and the other no pays on the cards my credit will be trash.
"If programmers were architects a single woodpecker could wreck civilization."
I resemble this post, my best suggestion to you is get a grip, hold on tight and ride it out. As with most spur of the moment decisions you regret it in the morning. When the going gets tough, the tough get going, just don't move to fast. Chin up and Good Luck Brother!
Poncho huggen gear snatchen posi piro.
+1A project car only has value to the builder.,. at least until it is near completion.As it sits, it won't fetch enough to make any difference to your debt load.I would hang on and weather the storm.,. the worst they can do is shoot you.,. and they won't do that.Best of luck and hang on tight.
When The Flag Drops,,, The Bull Chit Stops,,, P. Engineer, Engine Builder
Keep it. What you could get out of it would not justify turning it loose. You will thank yourself at the far end of this crisis. Screw it together so it can drive before all momentum is lost. Having your toy may be what keeps you sane. I do have some experience in this department but I avoid credit like the plague. Scale down life in general, immediately. It kinda makes you feel young again having to re-fight your career and lifestyle battles after such a setback. Leverage your connections and you'll be shiny side up soon, maybe even better off. That which doesn't kill us makes us stronger. Best of luck with your recovery!