6G Celicas Forums

Purchasing a newer car with a loan on a part time sub-$10/hr job was the first mistake.

When you're in school you need to minimize the amount of money leaving your wallet each month and maximize savings. I didn't buy my new car until I graduated and was making over $20/hr.

My suggestion (although you probably won't heed the advice of people on teh intarwebz) is that you sell the Neon, get rid of that car loan (I hope you're not upside down(owe more than it's worth) on that loan now). Grab some cheap transportation, and start saving money. Is the car registered to you? Or your parents? If you're on their plan it must be in their name, and will need to be registered to their new address in California, which will require CA plates, which means the car would have to be in CA to pass inspections. Besides, if your family moved to California and your insurance is in their name your insurance card would have a California address and you're in MI. Some police officers would think that was awfully suspicious.


Sell the car, save your money, be less stressed out. Yay!

working part time 4 hours a day, m-f only he would make roughly 600 a month after taxes

so 600
- ~400 for car expenses (loan, insurance, gas)

leaves him with 200 a month to live on

IF he can get a place where they wont charge him rent, but instead pawn off something like grocery shopping (~200 a month for like 2-3 people) i think that would be the thing to do.

1st priority - dont f*ck up your credit with the car loan
2nd priority - GET THAT DEGREE
--- even if its some bullsh*t degree, its still alot better than a HS diploma
3rd priority - living within means - no partying unless he can afford to litterally throw $30-50 out the window on the highway - because that about all you are doing with "fun" activities when you are in a pinch like that.

moving to california does not mean that he would have to sell his car unless its modded to the point where it wont pass inspections. however, the hit he would most likely take trying to unload the car, is not worth giving up what he already has.

plus... see if his parents cannot afford to give him an allowance of say $50 a week once the father starts receiving pay checks and they get back on their feet - that extra $200 a month should help out a bit with living expenses.

i vote to stay, and use this situation as a life lesson, that way, when all is said and done your friend should be a much "better" person (down to earth) having had to struggle - not to mention will appreciate the finer things in life that much more when he does pull outta this and free's his time and finances up

best of luck! (not to mention living on own + hot chicks - parents = ) lol

ya, all of them are so gay.