March 5th, 2010 by The Rider

Should I sell my car? 10 points to the best advice!?

I am a college student who is currently paying $200 dollars a month on car insurance. I am getting ready to move out on my own and it is going to get really tight on money and that money would help. So I hate my car and I hate driving it, its a 2004 Dodge Neon, I am about 6 months into having it and it is already starting to cost me an arm and a leg in repairs, not to mention that somone hit it in a parking lot ( they took off the drivers side mirrior and took a good bit of paint off the door. I live in Tucson, Az a big commuter city which means I would need to get around town. But I was thinking a moped, don’t laugh. So I need some advice, should I sell it? How much would I get and how much would a moped cost me? Insurance and all. I hate driving but I don’t want to regret selling the car two years from now. (If it will even last that long) What do you think? Advice? Personal experience. I am young and stupid so I don’t want to make a mistake. Please help.

I would say dump it. Neon’s can be money pits. Here, you can see all the Technical service bulletins that have been issued for the 04 Neon.

http://www.allworldauto.com/tsbs/2004_dodge_neon_technical_service_bulletins_11-64-2004-1.html

If you haven’t fixed these problems yet, you most likely will shortly. Dealerships wont cover these most times.

As far as recalls go, there hasn’t been a whole lot of them. You can see the recalls here
http://www.allworldauto.com/recalls/2004_dodge_neon_recalls_11-64-2004-1.html

If nothing else, if the car is payed off, you can get the basic insurance without full coverage. That would save you some money. A car can be helpful, and the time you need it most, will be right after you get rid of it. Good luck in your decision.