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Old 02-05-2011, 01:57 PM   #84
KeepItGreasey
So It'll Go Down Easy
 
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Drives: Camaro SS/RS
Join Date: Aug 2010
Location: Long Beach, CA
Posts: 852
Quote:
Originally Posted by Gene Culley View Post
Thank you for sharing your story. It looks like you made a bad decision to buy a Camaro for your situation. I had the same problem years ago. I bought a 2002 WS6 Trans Am, brand new, but had no vehicle for the family. I had to trade it. I am smarter this time. I got the new house we needed a year ago, I got the wife an SUV for the family and I just bought myself the Camaro.
My situation at the time was me working a good job, making good money, and only having to transport myself to and from work. The Camaro was the let-down. I was sitting on a mountain of cash after I got laid off. I always made my payments on time and paid more than was needed. Unemployment provided me the opportunity to actually drop off my Camaro on a Monday and not have to worry about transportation or scheduling around a rotating 12-hour shift schedule.

I have no "family" that needs to be transported or housed. I am responsible for myself, and am more than financially sound - even if I am looking at unemployment again. I currently have more than a year's wages (gross) saved in cash, and am very capable of drawing unemployment benefits and saving additional money on top of that. I would say that the results of all of this are due to good decisions that I've made and my persistence for the past 2 years. On top of that, I know a LOT more about the new car buying experience, I know a LOT more about the new truck that I will be looking at in the future... and I will definitely have the upper-hand on my next major monetary transaction.

C5 is a wealth of information.
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