Best time to move out with your bf

So i was talking with my bf and saying that I want to move out with him because living apart has created some issues with us. Not having enough time together, his family demands a LOT of his time, trouble communicating about any issues, big or small, because he hates texting. He says he doesnt think its possible. We are both college students, work full time, and hes worried about his project car that is at his parents that hes put a lot of money into, that he cant just move anywhere. The engine is currently pulled out and he needs garage space to work on it. He also says the car could take another year to complete. I domt want to be with him with these issues for another year. I also have a lot of savings, well just say above the 10k mark and he is currently in debt of 5k due to the car. Not that money is important to me and I know hed pay the rent/bills 50/50 thats why hes hesitant. My question is when did you feel ready to move out with your partner? & financially ready as well? Do you think its a bad idea considering our circumstances?

I see other students do it and it makes me really want that but i want to know if im being impractical. He could also keep thr car at his parents and work on it there so i think its more of a financial concern for him, ive suggested at least paying off the car before we do it but I think he can pay it off quickly if he works hard.