purchase dilema
10-06-2004, 04:37 PM
#11
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Im gonna see how much the monthly payment is for the s2k.
I plan to buy the house and the car. Everymonth's rent will be 300 and I'll put in another 300 for a total of 600 for the car payments. That way, I might be able to swing both. If not, the house it is.
I plan to buy the house and the car. Everymonth's rent will be 300 and I'll put in another 300 for a total of 600 for the car payments. That way, I might be able to swing both. If not, the house it is.
10-06-2004, 04:48 PM
#12
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I'm about in the same car situation. My montly payments are $160 a month.
As the house goes it sounds like a good investment. Follow up on the taxes and approximate maintainence involved. Something like that can turn from investment to money pit in the blink of an eye.
As the house goes it sounds like a good investment. Follow up on the taxes and approximate maintainence involved. Something like that can turn from investment to money pit in the blink of an eye.
10-06-2004, 04:56 PM
#13
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funny...I was just looking at real estate prices in Detroit today for the hell of it and they go as low as $1,500?! I just can't believe the price of houses out there. I'm in SF so prices here start at around half a mil. and I'm not used to seeing houses for that cheap.
Where are you located at longuyen?
Where are you located at longuyen?
10-06-2004, 05:01 PM
#14
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<//~~~ How bout buying the s2k & the house for a package deal? This way you'll get both but just have to fork out a little more. I just recently bought I house in san bruno which is located next to the city and man I don't regret getting the car first 
10-06-2004, 05:25 PM
#16
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Originally Posted by s2kmugen,Oct 6 2004, 08:17 PM
1500? that's pretty normal out her ein the big Tex. 1500$ is about 150k house right?
10-06-2004, 05:25 PM
#17
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Im located in Buffalo, NY. The house im buying already has residents, the owner is selling it to me because he is in deep debt. The house is basically perfect, as there isn't anything that needs to be done to it. It's pretty much buy the house and net 300 a month.
Then use that money and add 200 to it and get the s2k.
Then use that money and add 200 to it and get the s2k.
10-06-2004, 05:29 PM
#18
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If the house is as good as you say it is then an investment rather than a depreciating car is the better choice by far. If you say you can save up for one by next summer then wait till then.
10-06-2004, 05:40 PM
#19
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Originally Posted by longuyen,Oct 6 2004, 03:52 PM
We already have a house, and this extra house we're buying is purely for the profit. Im leaning towards the house because I can use the rent of the house to make payments on another s2k next year.
10-06-2004, 05:46 PM
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Buy the house and wait until the summer to buy the car. You won't regret it in 10~15 years when you are basically just putting money in your pocket. What the hell can you do with the S anyway with the snow around the corner.