I had new car fever. I was tired of driving my 2009 Honda Civic to and from Mobile due to how loud the cabin was on the interstate. I somehow talked Callean into letting me be stupid.
I traded in the Civic in on a 2009 BMW 328i. I was so happy at the time. But what I didn't realize is that I probably made the worst financial decision of my life. I traded in a car that was almost paid off for a $24k car.
I really enjoyed driving the BMW. It's not called the Ultimate Driving Machine for nothing. But it was very expensive to own. We started getting really serious about the total money makeover so I started looking at what debt I could payoff or reduce. So I looked at getting rid of the BMW.
We ended up trading the BMW in on a Jeep Compass because we wanted a second vehicle to transport the 5 of us around.
The issue with the Compass is that within the last 4 months the value has dropped $4k and I am putting 3k miles on it a month.
Now two years later I wish I didn't pay my stupid tax kept the Civic. Guess I'm just stuck with the Compass and a shovel to get myself out of this hole.
