I know I should do, but looking at market values I might not even get 25k for the porsche and there is no guarantee I would even sell it straight away, then I'm lumbered with a depreciating asset. Add to that I can't drive clients around in a £1000 run about, we have a 5 year executive criteria set on our cars, mine was pushing the boundaries hugely but because I live 800m from my work I get away with it
I know I need to rectify the situation but there is always a greater need, in times gone past I would have just got a loan, sorted the car and paid off the difference, happy days, alas my credit rating is FUBAR