1) A term doesn't become imaginary just because it turned out to be physically more elaborate than its initial meaning.
The concept of time never vasnished. It just changed a bit. It is still one of the axes of spacetime.
2) The logic itself is flawed. Saying "Time might only exist in your head ... because of spacetime" is like saying:
* "Magnetism might only exist in your head ... because of electromagnetism"
* "Electricity might only exist in your head ... because of electromagnetism"
* "Atoms [meaning: individable parts] might only exist in your head ... because of electrons/protons/neutrons"
3) Even from a purely philosophical view, pointing out time here is meaningless. Every word describes a concept, a model, so anything including spacetime might exist just in our heads. Pointing that out specifically for time makes no sense.