Sold the CR-V and Tucson Loan Update
January 22nd, 2023 at 10:42 pmWhen I went down to the central valley for my mom's surprise 90th birthday party, that same old nasty hacking cough came back. By the 3rd day there, I was coughing non-stop. It continued on for 5 weeks, then mercifully tapered off and is now back to normal. (I feel the urge to cough most of the time, but can mostly resist. I use cough drops to help control the urge.) I missed a bunch of work because I just can't function like that.
All of this background to say that I did not deal with selling my cr-v in a timely manner. The repair was only $400 odd dollars, which was a pleasant surprise. Then I started coughing so it just sat. Then when I was ready to deal with it, it had started making a noise (some sort of engine noise). I decided that I just did not want to deal with it any longer, and I did not want to sell it private party. I sold it to CarMax for $2,900. It is a relief to have it done. And considering the circumstances, I feel that the price was fair.
Before it started making a noise, I strongly considered keeping the cr-v and selling the Tucson, even though I would take a hit of several thousand dollars. I just do not enjoy having a car loan. But it did start making a noise, so I grudingly concluded that buying a newer car made sense, loan or not.
Some of the $2,900 proceeds went into savings and some went towards the Tucson loan. I just wanted to give a quick update on the Tucson loan. Here are the payments I have made so far:
I am impatient to get the balance down, so I can stop paying so much interest. I've lost $368.95 to interest already. I have now repaid my credit card and my savings for the extra expenses I've had the last few months and can start paying more towards the loan each payday.