Should I Sell Out? Options

[914Pro]

First off I'm 17 and my 914 is my first car that I worked day in and day out at a minimum wage job to pay for. But lately I have been beginning to realize that this is not a daily driver car. So here is the problem. I need a daily driver but I love my car. She is cherry red and turns heads everywhere we go. The question is will I regret getting rid of it when I hit my midlife crisis? This is my baby and tears come to my eyes when I think of getting rid of it but its not cheap and it keeps my wallet constantly empty. So I thought who better to ask than the one group of people that understands what its like. Should I suffer through it and know that in the long run keeping it is best or sell it and buy something a little more practical?

Help Please!!

[rhcb914]

I was in a similar position in the mid 90's...long time ago. I loved the car but every time I would drive it I would have to spend $250 fixing something that broke. I ended up bailing. I just couldn't afford the repairs, didn't have a good place to store it, bla, bla, bla.

I calculated out the time value of $$, the amount I was spending on repairs and I just couldn't justify the expense at that point in my life. I ended up focusing on other things, got a water cooled VW that was fun and much cheaper to repair and invested the $$ I would have spent on the car. 10 years later I got a very clean 914 and have had that ever since.


Today's market is a little different. These cars are appreciating a bit more rapidly and it probably sense to keep it if you can and get a newer daily driver that doesn't need much.

As fun as these cars are to drive, if they are bleeding you dry that can sap every ounce of enjoyment out of owning one. I would hate to have someone soured by that experience.