Convince me NOT to sell my EVO MR...
#46
Originally Posted by Kordwood
Sell the car! I don't think $45,000 is enough to buy a $35,000 car. Save your cash and watch the housing market because it's going to tank in a lot of areas. If you have cash ready you're going to be able to swoop down and pick up something at a reasonable price. I bought my house in 1988 during the last real estate bubble. It's in an upscale area outside NYC. Two years later I couldn't give it away and it took another eight years just for it to come back to what I paid for it. I saw people picking up some real bargains because they were both patient and prepared.
+1 The national market just lost value overall in the last 2 weeks. so lower cost for a house +highly motivated sellers = Great deals for buyers.