2018 Challenger R/T Plus Shaker
Heaven or Hell, I'm kind of in between, is getting closer than I like.
If I came off as a "smart ass know it all ", I apologize. Because I don't. We all have made bad decisions . Thankfully , you found this quick and smartly parked the car from harm.When your wife offered to pay half on a Hellcat , that should have been your sign of upcoming issues. When I offer to pay on something she wants ,its after I check the numbers she comes up with. My wife doesn't work extra ,so anything she volunteers to pay extra on , in the end I usually cover. Anything that I want personally I do the work that's going to pay for it first . That way no "house money " is effected.
Always " Count your money before you go to buy ".
My sentiments exactly! You have some time to figure things out. Congratulations on both bundles of joy. Has the dealership sold your RT already?I am going to look at from a different perspective... you have 8 months to plan here... roll with your original plan.... in the meantime, keep the miles low, but enjoy the car in fair weather... look to see what trade in will be in a few months., maybe you can sell it privately.. maybe you pick up a little extra income in the next few months... who knows.. but take it easy... you will have enough time to worry later... stressing over it will not improve the options... put your faith to work for you... you might be surprised what can happen in a few months...
For example... if the car is not a daily driver... contact Grundy or Hagerty... get an agreed value policy for pennies on the dollar....
and Congrats DAD!!
My dad last fall traded his Harley Davidson Road King for a 1958 AMC Metropolitan because he said at 80 years old the heavy bike was starting to make his knees hurt. Now his hellraising is confined to 4 wheels.For me it was my "built" 1974 Harley Superglide FX. There was always an excuse not to get another one when money became easy. Too old to rise hell now.
Different regions of the country may be, well, different, but generally with a car purchase there is no grace period.I believe that by law, and hopefully a someone will chime in here. but you can return a vehicle and walk away from a loan within 72 hours of the actual loan approval. I guess 72 hours has past but if not take it back. Notify the bank.
True. I have seen a few who wright it in to attract customers for a satisfaction guaranteed type thing but unless their is deliberate deception it's yours. Seen the same thing on home loans.Different regions of the country may be, well, different, but generally with a car purchase there is no grace period.
The second you accept the keys the car is yours and the dealer doesn't have to take the car back barring the slim chance the car is a lemon. Or one may have some recourse if he can prove the dealer seriously misled him regarding the car.
A child is a definite Blessing from God, and God knew she was pregnant before she did, so maybe He was behind all the bank mumbo jumbo, however, He did allow it to go through, so get on your knees and Thank God for everything, and ask Him to get you through it all!Almost two weeks ago my wife and I were sitting down to breakfast, and she tells me she wants me to trade in my 12 R/T for a Hellcat. She will make half the payments. At first I declined, because of money. However, it was a tempting offer and she persisted that we at least look at the numbers. So, I relented. We drove the 90 miles down to the dealership, I test drove a beautiful black on black Hellcat...and don't really remember much until I was sitting there going "HOLY SHIT I HAVE A HELLCAT!" Suffice to say, in this mental state, I probably didn't get the best deal. Payments would suck, but be doable. Wasn't much room for anything else. Honestly I shouldn't have done it. Wife, wasn't real happy with the numbers, and was real unhappy with the insurance hike. She regretted even bringing up the notion at breakfast.
Next day I am informed by the bank that they are not financing the car. The bank even went so far as to tell me to take the car back. So I did, after hours of trying to reach the dealership for help and not getting a call back. When I did get to the dealership, they of course gave me the run around, told me the bank can't decline financing...blah blah blah. So began a week of getting the run around, getting lied to by both the dealership and the bank, and outright rudeness. Meanwhile, I have a Hellcat in the garage that I am not driving, because I don't even know if it is mine! If I had to turn it in, I wouldn't be liable for mileage, but I would be for any damage. After a week of this, I was angry and frustrated and just wanted to give the damn Hellcat back, get my old R/T back, and be done with the whole situation.
Well, one week to the day I drove off the lot, the bank and the dealership indivudially call me and say the deal went through. The bank mysteriously changed their mind on the deal....(I wonder what the dealership did to incentivize them?) and the car is mine. Okay, cool. Car is mine, time to start paying off this expensive ass loan and enjoy the car.
My wife looks at me after I get off the phone and tells me that we can't keep the car. Can't afford it any more. She then proceeds to hand me a postive pregnancy test.
Yup. Baby on the way changes everything.
So, in summary, I stupidly bought a Hellcat I could barely afford, didn't even get to drive it for a week, and now I have to sell it for what I owe (impossible?) or trade it in on a cheaper car and lose my ass on the deal because I am about to be a daddy.
Any advice anyone can give me?