Sell my car for a home?

[Eric Bueno]

How's it going everyone! I'm in need of some decent advice so hopefully this is in the right section. Lately I've been thinking of selling my car, I have a 370z and although I do like my car it's becoming more and more impractical as my only vehicle. I can get about 20k and instead of selling it for another new car that will eventually depreciate I was thinking of saving that money and buying a little car for 5k. I would then save as much on the side as I could and combine it with what I have from the car to use as a downpayment. Would it be wise? Or should I just get a car for what I sell mine for. My background. I live in LA, 25, and moved back home with my parents to save some money. I hated feeling like I was paying someone's mortgage every month. I have an ok job, make about 22$ an hour and I'm fortunate enough to not have to pay any rent anymore while I'm back with my parents. I'm looking into house hacking but don't have much for a downpayment which is where the idea of using my car came in. I've always taken a huge interest in real estate but never really made a move. Any advice is greatly appreciated! Thank you!

[Chris T.]

@Eric Bueno

You've the right mindset to save money AND free up some cash.

@Alexander Ramos did the same thing w/ his car and now he is a proud owner of a duplex! 

If you can find a reliable car for $5K and get a fair price for your current car, I say go for it. 

I'm still driving my Civic bought over 15 years ago. And I just convinced my wife to spend $$ on some minor home reno AND buy another house, instead of buying a shiny vehicle. :)