Quote:
Originally Posted by Isaac Zachary
But what if I wait, say, another 5 years after paying off the Avalon and save up $10,000 in that time by saving what I would have put in payments. The Avalon would be worth even less, maybe $5,000 or less. But I'd have that plus the $10,000 I saved. If I put $15,000 down on a 5 year old Avalon then, maybe they'd be a little cheaper than they are now and payments would be about the same as now, or I'd be making a little more then????
|
Two parts of the equation; income and expenses. Right now, things are expensive and not a good market to be buying. But, lower end wages have skyrocketed. Taco Bell will pay $17/hr plus a bonus. Many job markets are seeking employees, and now is a good time to negotiate.