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There are basically 3 elements to your issue: what you want, what you need, and money. The overshadowing fact is that "buying" or "trading" vehicles is seldom a money "making" proposition. For me...I have to take care of element 2 first or family life will not be nice! Your choice to make.....
Like you, I found I am not a truck person. For me, a truck is a very well put together utility vehicle, no matter how sporty its design. Most of the guys I work with are truck people. They and I come from two different worlds. For the few of them that have hot cars, they hardly drive them, which is hard for me to fathom. They also sell the hot car with the arrival of a newborn. And buy a compact with a small back seat (WHY?). I am talking about going from a Mustang or Camaro or Challenger (late model, mind you) to a small four-seater.
They do not buy minivans.
Sounds to me that the truck is not your problem (aside from payments). My thinking is you need to decide which Corvette you want to keep. The track one or the daily driver [once you get it].
Like the others said: life is short.
You will come up with something....or be unsatisfied with a couple dollars in your pocket.
I like my Vette but if I had to chose between my F150 and the Corvette, bye, bye Vette.
JMHO
I have a 2002 Avalanche, and push come to shove, I would make the same decision - the Vette would be gone and the truck would stay. I'm currently toying with the idea of a 2016 Silverado or Sierra. I like the F150 but the new GM trucks are rated higher and have more bells and whistles available than the F150. I also like the Ram but it's just not a contender - I worked for Lear Corporation and built the seats for the Ram in the late 90's/early 2000's.
I hate to get rid of the Avalanche as I sunk a bunch of time and money into it through the years, but it's 14 years old with 90k miles on it; sooner or later it's going to start nickel and diming me to death. My "gut" tells me it's time to move on and 95% of the time my gut proves to make the correct decision.
OP - if you can afford it, a few thousand dollars is not the end of the world. Do what you want and move on.
I've never met a homeowner, trackday enthusiastic, jet skier, they did not absolutely need a pickup truck in the family. I think you need to just hang on to the F 150, and figure out a way to get rid of some other toys and buy the fun car in addition.
I have a 2002 Avalanche, and push come to shove, I would make the same decision - the Vette would be gone and the truck would stay. I'm currently toying with the idea of a 2016 Silverado or Sierra. I like the F150 but the new GM trucks are rated higher and have more bells and whistles available than the F150. I also like the Ram but it's just not a contender - I worked for Lear Corporation and built the seats for the Ram in the late 90's/early 2000's.
I hate to get rid of the Avalanche as I sunk a bunch of time and money into it through the years, but it's 14 years old with 90k miles on it; sooner or later it's going to start nickel and diming me to death. My "gut" tells me it's time to move on and 95% of the time my gut proves to make the correct decision.
OP - if you can afford it, a few thousand dollars is not the end of the world. Do what you want and move on.
So the payments on the vette would be lower, just might last a little longer (but I would be paying interest, have 0% on my truck).
The f150 blows the competition away in features. Mine parks itself, has a panoramic moonroof, massaging seats, radar cruise control, push to start... it's like driving a mercedes thrown into a truck. It's also totally unnecessary for a truck, but kind of nice.
Sell all the other toys. Keep the truck and go buy the corvette! Life is waaaaaaaay tooooooo short! No matter how you look at it it's one or the other! This way as your truck is the DD, then park it and hop in your GS and ride. It can be done! Either way your losing money. Put the $3-4K that you were going to lose if you trade or sell the truck to good use...Put it down on the GS. Now you lost nothing but, gained a GS. With all the other useless toys gone, now you are a happy camper. JMHO GOOD LUCK!
You will always resent that truck if you don't do anything about it.
The money's replaceable. The time you spend riding around in the Ford wishing you were in the Vette isn't. It's really a simple equation and should not be affected by those who'd choose a F150 over a Vette because while right for them, it's not right for you.
If you live every day in the present so have no past and no future what would you do? Or let me put it another way. You learn you will die in a week. Do you spend that week with a long face in the F150 or smiling as you drive the C6?
I would weigh the toy 'value' option. We all like the toys, be it tools, electronics, cars, motorcycles, whatever. How much to they add to your overall happiness? Do the wife/kids??? get to enjoy them? Is the C4 worth the space it takes up? Meaning space in your pocketbook, mind, garage...?
That new F150 IS NICE, no argument or discussion there.
If you really want back in to a late model Corvette, that new truck will never take that place.
If it were me, I would find the vette you want and trade the truck in for it.
Assess the toy importance-buy a beater truck to get you back and forth to the lake.
Just my .02
Last edited by _05C6_; Feb 10, 2016 at 09:17 AM.
Reason: I can't spell
You will never keep the truck long term. You will eventually sell it. So you have to consider resale loss as well as initial purchase loss.
The Corvette will hold its value better then a truck. Meaning if you compare future value at resale you will lose less with the Corvette.
So you lose up front...but win on the way out.
With the corvette you have a higher probability of holding it longer term too. The Corvette is the greatest sports car ever built on American soil so the demand and target market spans all ages. What this means is you have greater liquidity and resale value in the future with the Corvette.
Plus do you honestly want to drive a truck over this?
If you dont like losing money ....sell the C4 too. This is something you were not considering with the truck but something you may consider with the upgrade to a Cent. GS C6! This will save you money, reduce responsibility and have you driving the meanest looking corvette every produced by GM.
FAUEE, luckily I own a Platinum, and a C6. Couldn't do without either. Leaving in Hickory (I live in Concord) you could probably sell you truck privately for more, but be warned you will pay 3% tax on the total amount paid for the C6. Make sure you you make that up in the price of the truck, or you will lose more money. It's tough, but my suggestion is to start saving for a C6, and keep the truck if that's financially feasible for you. Like you say, you're gonna take a beating anyway you go if you move now. Good luck.
Insert meme: "Life's too short to drive a boring car".
If it were me, I'd take the loss and get what I *really* wanted, and try not to do the same mistake twice. Life's short. We've recently lost several members here who I am sure would agree.
I sold my custom 1981 C3 back in 85 when I changed careers and bought a business that I needed to have a pickup truck for. After 24 years I wanted a sports car again and bought a Roush Mustang in 2009. Then in Jan 2014 sold that and bought my 2011GS. I still need a truck for work but the vette is my daily driver. It does suck to lose money. You can drive the truck a few more years to get it paid down and to a point where the loss is absorbed more while also saving money towards a vette or bite the bullet and do it now. Only you can make the choice. I survived a head on car crash in 2011. I had an eight month recovery and have disabilities from the wreck. I look at things differently now than I used to. Life is short. It can end suddenly and very unexpectedly. Make the most of today because you are not guaranteed a tomorrow. Be happy!!!
Last edited by BROCKYJACK; Feb 10, 2016 at 02:00 PM.
Insert meme: "Life's too short to drive a boring car".
If it were me, I'd take the loss and get what I *really* wanted, and try not to do the same mistake twice. Life's short. We've recently lost several members here who I am sure would agree.
Which is why if you're thinking about selling the truck, you probably should. Sure you might lose some cash, but the longer you hold on to it the more time you're wasting too. You can spend both money and time, but time is more valuable than money. You can get more money, but you cannot get more time.
I've never met a homeowner, trackday enthusiastic, jet skier, they did not absolutely need a pickup truck in the family. I think you need to just hang on to the F 150, and figure out a way to get rid of some other toys and buy the fun car in addition.
Or just pay cash for a cheap beater truck & get the Vette FTW
Sell the truck..Buy a Tacoma...Then buy your GS...
I bought the new Tacoma. I am a truck and roadster guy....who likes bikes....and has nowhere to go everyday.
I have to have a truck. Wife has an SUV and My roadsters and bike. I am "fun and utility" covered.
I could not own a roadster and not have a truck.
The last vehicle standing for me will likely be the truck. I love its utility, and prefer the truck to be "new"
Interesting....would you make that choice out of necessity of needing a truck, or because you would rather drive/enjoy the truck ??
I'm a big do it your selfer, couldn't imagine life without a truck. Then there's the winter driving thing. As far as enjoying driving the truck, it's about as comfortable vehicle you could ask for, whisper quiet and rides smooth as silk.
The Vette is a toy for me, my truck is a necessity IMO.
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