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Re: Dave's Evo X Build/The Life of Dave blog
But you are clogging it with relevant evo x car talk, lol.
That is a good clog if you ask me... |
Re: Dave's Evo X Build/The Life of Dave blog
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Re: Dave's Evo X Build/The Life of Dave blog
Soooo, been a while since I posted in this thread, the car ran great finally and is a blast to drive. However, it is now sitting in the garage for the next 6 months or so.
I had a choice, either borrow a bit more money to pay off my credit card or incur the finance charges of it. The whole CMC thing set me back more than I had intended. So now I am in the hole more for the motor build than I owe on the car and the more I think about it the sadder I get. Here is something that is going through my mind right now. Sell the car...I am very much thinking about selling the car right now, it is a total blast to drive and its at a great spot right now, but this much debt blows. I really really want to simplify my fun car, this one just makes me nervous now as if it breaks I just have no money to fix it...sure I could just drive the honda until I can fix it but honestly I almost worry about beating on it. So anyway, here is what I am thinking...sell the car, pay off the motor build and the rest of the car and I should have like 12k left and find an Evo 8 RS or maybe 9 RS. I wouldn't be in a hurry at all to buy one so I could take my time. Then I wouldn't have much of a car payment if any and could mod accordingly. I would love to get around 400-420whp on DB's dyno and call it a day...if I got a 9 RS I think a stock turbo E85 setup would be awesome and all I would want too. I just really really miss not having to worry about checking every little thing before I drive it. Thoughts? Am I crazy? |
Re: Dave's Evo X Build/The Life of Dave blog
Haha it seems like you come to this point every couple months. I think you'll miss the power at only 400whp or especially 330ish on a stock turbo e85 setup. Debt sucks though, I understand wanting to get out, but I don't think getting an 8 or 9 is really going to save you that much in the end at this point.
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Re: Dave's Evo X Build/The Life of Dave blog
Modded cars aren't worth any more than a stock one. If you were Jim and were going to part it out then maybe you'd come out okay. I suspect you could end up breaking even and be sitting there with just a Honda.
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I might just toss it up on EvoM and see if I get any bites. I wouldn't sell it unless it made sense to me. As in pay off all the debt I owe on the car which would be easy if I sold it and then have a decent chunk left over. I owe 20 with what i have left on the car and what I owe on the motor. I think I could get 30-32 with the right buyer. I would have no problems selling it at 26-28k either which wouldn't be so bad either. Then maybe I take my time looking at cars and save up some more cash etc etc. Just thoughts in the old brain right now...I will say this, I will not be sad if I keep the car :) |
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Re: Dave's Evo X Build/The Life of Dave blog
Sell it and get something cheaper, lighter, and much more rowdy :)
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Re: Dave's Evo X Build/The Life of Dave blog
Boosted S2k?
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Re: Dave's Evo X Build/The Life of Dave blog
Me personally, I'd sell it. I'm not a fan of car payments, or modding expensive cars. That's just me.
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Re: Dave's Evo X Build/The Life of Dave blog
Not driving your car in the winter to me is kinda nutty. Why not drive it to enjoy it? Especially if you dont plan to keep it for years and years where rust may even be an issue.
Modding this type of car to this level is beyond anything Id do unless price werent an issue. If that were the case, id start with a different platform though. Id part it out, sell it mostly stock and go with an Evo 8 or 9 as a project. |
Re: Dave's Evo X Build/The Life of Dave blog
I am not parting it out...there is nothing to part out, I don't have parts to put back on the car.
I was planning on keeping the car for years. Not driving it in the winter saves me money...the reason I am looking at selling is because I wouldn't have to worry about budgeting over the next year. Without this car I would be back to being able to buy stuff without worrying about money. I also just lost my renter, my buddy moved out, so that is another 600 a month I don't have...with that I would be fine right now. So maybe I try to find a renter and keep the car, who knows. |
Re: Dave's Evo X Build/The Life of Dave blog
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For instants: 1. Nice practical (and quiet) DD for work and long distant trips. 2. Winter backup beater, when you want to go blasting though the snow and not be concerned about wrecking a $30k+ plus vehicle. 3. Balls-to-the-walls enthusiast car. A limited usage performance only, zero compromises street driven rocket. 4. Spec class race car (typically not street legal). There are of course more subcategories than this, but I would suggest a single car will force compromise. Just one point of view though :) |
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Tachyon, we need to hang out more, that is exactly how I approach the car owning experience. :) |
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Re: Dave's Evo X Build/The Life of Dave blog
Better keep it, you made more power than lomker:
http://scheides.com/misc/pics/evox/o...ummertires.jpg Somebody's gotta be king-o-teh-X's around here! :P |
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We will see what happens, nothing is going to happen anytime soon, was just thinking about stuff. |
Re: Dave's Evo X Build/The Life of Dave blog
Thought about the whole selling thing a lot...my dad said i was an idiot and I agreed after more thought. Going to keep it...it just sucks looking at all that money sitting there doing nothing but money is tight so it will continue to sit.
Now I just need to find a new roommate...my high school buddy moved out like 2 months ago which really screwed my finances and is the main reason I was thinking of selling. Instead just going to find someone else. If anyone is looking let me know :) |
Re: Dave's Evo X Build/The Life of Dave blog
I wouldn't say you were an idiot. But I hope you are happy with the choices, I know that you will be happier once you are driving it.
But I'd say get it rust proofed and drive it in the winter, 1 or 2 won't kill the car and you will probably pick up the next fan boy car anyway!! :sex2: :KANE: :scared: :leghump: :jackoff: :wedgie: |
Re: Dave's Evo X Build/The Life of Dave blog
I used roommates.com about 6 years ago (forever in internet time I know) with great results. You will only get back a fraction of what you put into the car....remember, you built it to have fun with! Keep it as a toy or think about the good times, no reason to ditch it if you don't absolutely have to. Sell some other stuff, you'd be surprised how mcuh $$ you can make selling books on half.com and random shit on ebay!
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Re: Dave's Evo X Build/The Life of Dave blog
Fuck, drive the shit out of it then. That's what cars are for.
Good luck man, try and make it out to a meet soon. we might have a surprise for you. :wink: |
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Don't have enough to buy new wheels/tires and pay for insurance etc. |
Re: Dave's Evo X Build/The Life of Dave blog
What does your bank think of not having full coverage on the car? IDK about other banks, but for my credit union, it is required that you have full coverage on the car for the length of the loan regardless if it is in storage or not.
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Re: Dave's Evo X Build/The Life of Dave blog
^I don't know shit about car loans, but that is what I have always heard from people.
I'd say keep an eye for some cheap shits to run in the winter. But don't u guys roll 18s? |
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Huh Ive never heard of that. Thats what storage insurance is for, it covers the car while its in storage and not being used. It protects against natural damage, theft, etc.
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Re: Dave's Evo X Build/The Life of Dave blog
Yes I need 18's...but I don't have rims I can use either so it doesn't matter...its not coming out this winter no matter what.
I did the same thing for my car when it was down being built...its Mitsu's financial branch, thats who I have the loan through. It is still covered if anything happens to it, just can't drive it. If they care, oh well. Quote:
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Re: Dave's Evo X Build/The Life of Dave blog
Yeah, I've taken insurance off a car I've had a loan on while I didn't drive it even though the credit union said I had to, but I was always worried about being caught with my pants down.
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Re: Dave's Evo X Build/The Life of Dave blog
I would assume they would've noticed already after 5 months the time before if they truly cared.
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Re: Dave's Evo X Build/The Life of Dave blog
^^Well, if they are anything like insurance companies, they will check at random. American family miraculously found 3 tickets on My policy (2 from my Wife) and my insurance shot up an extra $50/month for the policy.
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Re: Dave's Evo X Build/The Life of Dave blog
Well I spoke with my insurance agent and she seemed to think it would be fine, I guess I could shoot her another email and double check.
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Re: Dave's Evo X Build/The Life of Dave blog
Just got a response from my insurance person:
Your buddies are right with some financial institutions. Each loan carrier is different. Most, if they do notice storage coverage on the vehicle will send a letter asking for full coverage, at that time you and I would call the carrier, explain that the vehicle is stored and I can confirm with them what the coverage offers. I have never had a loan company force coverage onto a policy retroactive. Sometimes I feel like the Cliff Clavan of insurance…. J Happy Holidays David! This is pretty much what I remember her telling me when we talking about this the first time I took it off for the motor build. |
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