I am happy to report: I defeated the sunk-cost fallacy.
Sunk-cost fallacy is when you’ve invested so much time and resources (read: money) into a thing, that you are reluctant to pull the plug because of the perceived waste of said time and resources. So desperate for maximum utility that it blinds and binds you from the potential benefits of letting something go. In my case, the sunk-cost was the enormous sum towards buying and owning the 911 GT3. I was so financially invested into that car that selling it right now would mean a hugely negative return on that money - it hasn’t yet amortize over a long enough period of time.
So I was effectively locked into the expensive sports car, all the while hampering the progress of other life changes. The GT3 was not a financial albatross, but it was enough of a burden on my monthly budget that any large expenditure would require some heavy consultation and thought.
Recent circumstances have made it clear that I need to move to the west side of San Francisco, for many reasons, primarily to be closer to campus. The additional monthly rental cost means keeping the GT3 would have been quite difficult. I could have made it work, but ultimately, having the freedom to do other things triumphs over my absolute love for the GT3. So, I sold the 911, and along with it the many tens of thousands of dollars I’ve already put into the car, so naively thinking I would keep the GT3 forever, and therefore be able to amortize that expense over decades.
2020 had different plans - for all of us, I suppose. It was a tough decision to let the GT3 go, but I have only gratitude for the opportunity of a lifetime to own such an amazing car.
Not a bad consolation.