dbirdhouse1

Not that I'm expecting to "see the light" but you guys bring that great perspective of loving a car within the realm of the real world......I am seriously dealing with the notion of:

a. Selling my 2012 GS 3LT Conv MT6 which I still owe about 15K on so
that I can retire at the end of this year

OR

b. Working an extra year so that it is completely off the books and
paid for

It is the only material possession that I give a rat's rear about but working an extra year?

Like I said, I'm not expecting an immediate solution, just bearing it amongst guys who can see both sides.

Thanks, I feel alittle better just typing this...later

RoadkingC6

If it were me, i would work the extra year and payoff the car and keep it, once your retired you will enjoy having the Vette to drive and play with for many years to come.

dbirdhouse1

born and raised in Livingston, NJ, also lived in Montville, Mtn. Lakes and matriculated at Rutgers College, thanks for the input/time

Welker1

If you really enjoy owning a Corvette; you need to ask yourself a few questions:

1) Will I be able to afford another one in the future?
2) Once retired, how much more/less will I be able to enjoy it?
3) Will retirement offer me an opportunity to take more trips in a vehicle I really enjoy?
4) Can I tolerate working another year to have it paid off?
5) Is life too short & I really want to start my retirement now and do a lot of things I've only thought of?

Your answers to these questions should help ... they helped me when I thought about retiring. After retiring from the Air Force, I worked a couple of other jobs for a few years until everything was paid off ... for me it was worth it. Good luck in your decision

simplegto

We know how you love your car, we all do but what about the job? I had the same plan and even thought about working longer to get a C7 but one day I had all I could take and now I keep the C6 and live cheap.

donwil

I think you have to ask yourself would you enjoy retirement more with or without the vette? Life can change and end at any moment so I am holding on to mine until I have to let it go. Its one of the few things in my life that makes me feel good. And mine is the old and lowly 05 . Short answer-KEEP IT!

BearZ06

Sounds like a good plan to me but you have to weigh the answers yourself. I do know a lot of people that sell their Corvette soon regret it.

AORoads

I think that most of the Q.s above are relevant, but one that I can think of is not for you to answer on the forum. If you retire a year from now w. the car paid off, will you be able to afford to keep the car? You know the costs associated w. the car---hb, clutch, tires, etc. This is really more of a "are your finances in shape to retire A) now before the car is paid off (and sell it), or B) even IF you work an extra year?" That's why I say it's not for us to be told. It's for you to figure out, or to do a second "check up" on how your finances look.

I can tell you this: there is a lot of truth to the above #1 Q. by welker. Some peop. do retire after selling the car, and then figure out they can't afford to buy another one. But usually (or sometimes) it's because they're comparing buying new, to looking for awhile and finding a great used one at a severely reduced price.

Be well.

5knives

I don't have an answer for you. It's really going to depend on your finances plus how much the job gets to you and if you can actually last another year.

I will say this however. Whenever people put off doing something because they think it will take too long, they usually find that time to fly by and they're left with the realization, "I could be done by now if I had kept with it." This can apply to anything. Saving money, losing weight, going to college, etc. Just think how fast your year of retirement will go then suddenly waking up on January 1 2017 and realizing you could be jumping in your Corvette today if you had just stuck it out. Regret is one of the most powerful forces in the human psyche. JMO but best of luck in whatever you decide.

unclecookie

Just curious about how old you are. I retired 2 years ago at age 66. Since then my wife and I have moved from California to Arizona. We had enough equity in our California house when we sold it, to pay cash for our Arizona house. Not having a house payment made many other purchases possible, including my 08 C6. If you are not too old, then working another year might be the right answer for you. If you have decided that now is definitely the right time to retire, then by all means do so, and don't worry about the Corvette. It's just a car! Do what is right for you. JMHO

Tropicana

Lots of good points here. I'd give it one more year to own the Vette and then owe nothing then I'd find another hobby like a little sailboat or a zippy lil' go cart or anything that keeps you engaged.

Personally on my bucket list is to help a young, injured vet and to inspire a youngster in karting. Those would be more personally rewarding than driving my expensive toy to the monthly car show.

RocketDawg

Depends on how old you are. Me, I worked several years beyond when I could have retired and never regretted it. But I enjoyed my work. Now I have a pretty substantial retirement pension due in part to having worked so long ... so I'd say ... go for another year and keep the car, if you're physically able to do so. The year will pass very quickly.

jrose7004

A year goes by really quick, so I'd do another year and pay off the Vette!

ruxvette

I agree. If you're 62 keep working. If you're 70 and can't afford vette payments on retirement benefits you have more serious issues to deal with...sorry.

sonic1519

There's nothing like a paid off car. if you can make it one more year. the vette will be paid off. and that extra money will come in handy that you were paying on your vette. That's what i'm trying to do. By the time i get ready to retire God willing I'll have my vettte free and clear. And it will make driving it around that much sweeter.

1rusty1

I am going to keep working as long as my body and mind allow. I can't stand sitting around so easy question for me to answer.

PAULEB07

I agree with all that has been said however...If you are in good health and can work just one more year, then do it!

You won't regret it.

You will regret, if you do sell it and then decide to work another year or more.


Remember ONLY YOU can make that decision.

Stay Well and Good Luck!

Cooter Tech

I retired at 63, never looked back and enjoy that every day is a Saturday, I occasionally throw in a holiday to have a long weekend. Do you enjoy your job, have good health and your age should be the deciding factor. Make sure you have something to do to keep you somewhat occupied. Many people become bored and miss the working life after a few months. Compare too the amount of your social security benefits are. Big difference if you retire at 62 or your maximum retirement age. Retirement too is not for everybody. If you Vette is important to you, and you sell it, you will always be second guessing yourself on your decision as time goes by.

Nosferatu

Plus, like the other guy said way up top, would you enjoy retirement without the car? Would you be able to still afford the car even after retirement? etc. etc. It's really a multi-faceted question. Ask yourself all of those and evaluate the options.

J3TVETTE

Another option is selling your GS and picking up a cheaper LS3 C6?