Should i keep my car?

Question

I have a 91 Camaro RS, in great condition with less then 80000 miles (though close to it).

There is nothing wrong with the car, besides the fact that it gets around 15mpg, i have a 45 minute drive to work and i spend 20.00 a day on gas!

I only have this problem in the summer, during the rest of the year im at college so i dont drive much.

I want a sport bike, the problem is if i want a semi-decent 1 i would want to sell the car.... this wouldent be that bad but i wondering if it's a good investment.

Before next summer i need either the sport bike or a smaller car, i can't keep spending this much on gas, but should i keep the car?

I bought the car for 4000. I could probably sell it for the same right now, i guess my real question is will the value go up eventually so will keeping it be a good long term investment.

I can afford something else and keep the car but then ill be pretty broke.

Should i keep the car, sell it, keep using it, store it and when will the value increse?

Answer 1

No, cars are the evil that is destroying our ability to live and have a future for our children and people like you are destroying the future of everyone.  Maybe your sick or sadistic, but if you're not be responsible for once in your short life.

Answer 2

I think you should sell the car and get a sport bike or a gas efficient car. Because the more miles you put on it the lower the value will go. And since it's a 91, it would probably take a little time for the value to go up (and it probably won't go up until the car becomes historic.) And if you are able to get sport bike, they get around 40 or 50 miles to the gallon and you would be able to fill up on around $20. So I think you should sell the car and get a sport bike.

Answer 3

sounds like u want a fast car with better gas mileage. get a civic with a vtec engine. they get 25 miles city 35 highway. u can get a hooked up one. hatchbacks get 49 miles on the highway. they r fast too. dont get a bike cuz its too dangerous and u'll need a car anyways cuz its too impracticle just to have a bike. if u need to haul stuff, or if u need to bring a friend(s), bad weather, etc... i would sell the car and find another one. get a vtec civic. go on craigslist.com to sell and buy ur ride. its free and a million times better than ebay

Answer 4

No, a Camaro RS with 80,000 miles would not be a good long-term investment. It would be many years before it would start to appreciate. If it were a more limited-production model, with way less miles, I'd say yes. The late 80s-early 90s pony cars won't see the same gains in value like the 60s-70s musclecars have.

However, an RS was mass-produced and wasn't very "special" to begin with.

If you sold it, you probably wouldn't be losing out on anything.