I bought a car. A year later, I regret it. What are my options here?
January 8, 2014 1:57 PM Subscribe
One year ago, I was approved for an auto loan (via Ally, if it matters), and bought a 2006 Mini. I like the car well enough- it's fun to drive, no issues, and the newest model car I've ever owned...but it's an automatic, and as I've always been a manual driver, I find that I now deeply regret my purchase. Can I trade/sell this car, and get another, on my current loan?
posted by ElectricGoat to Travel & Transportation (13 answers total) 1 user marked this as a favorite
I am a FAR more inattentive driver behind the wheel of an automatic, and don't feel like I'm "connected" to the car...like I'm just passively sitting in the driver's seat turning the wheel. The Mini has a fake-y shift/toggle option (I forget what they call it), and I've played around with it, but it's no substitute for having my left foot on a clutch. I have about 3 years left to pay down at my current loan repayment plan. I'm cool with/able to afford the loan, my payment plan's fine, no issues with Ally, etc. I just, frankly, want a stick-shift car. I do not want to pay to have the transmission converted, so please do not present that as an option.
I want to know if it's possible for me to sell this car and buy another without rocking the boat too much. Has anyone else been where I'm at? Should I talk to Ally, or my dealership, or...? I appreciate any and all input, so long as it's not chiding me for buying it in the first place (I have my dad for that). Thanks all!