Tuesday, August 27, 2013

2011 Mitsubishi Outlander GT, we bid you adieu....

To Penny's friends, I am sorry to report:

It is THAT time....... I just got off the phone with Mitsubishi Credit. Unless we come up with $1,900.00 dollars to bring our loan current, we will be turning in the 2011 Mitsubishi on Saturday....... and it will go the Auto Auction route (they are estimating around $20,000.00 for it at auction and we will owe the $12,000.00 left plus towing + legal + wha
tever fees they dream up.
This will be the first time since our first marriage to certain people (ie: our mutual fiscal Chernobyl) that Penny and I are unable to come up with a solution to a financial problem. And it will sit on our credit like a albatross. The upside is, we still have a viable vehicle for her to drive (the 2001 Chrysler) and I will be driving the 1997 Handicap Van. So our monthly spend will be down to one vehicle as a result (we'll only have the 2001 Chrysler's $204 mo. payment for the next 3 years).

Penny LOVED this car as it is 4wd and is the safest car she has ever had, but it is what it is.  She'll still be able to get around to her friends, it just will be with a AAA card just in case.

This too shall pass.......... it doesn't make it feel any better tho. I just thought Penny's friends should hear it from me first. Saturday is D-day, and we'll most likely never own a new car again. Life will start to get interesting from here.

No comments:

Post a Comment

All comments are moderated due to the blog being Public.