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Cars and Transportation
Reply to "tired of paying for my car--should I sell it?"
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[quote=Anonymous][quote=Anonymous]An SUV for a single person who doesn't own a home? Well that was stupid. [/quote] A CRV is just a popped up CIVIC. It’s actually a great car for a single person, and ideal for a couple who may like to travel or have pets. Not hard to park, as it’s the length of a freaking civic I would not sell the car, it will easily last 15 years, and a used car is an unknown element — did they care for it etc? Paying off the loan is an idea, but I would definitely want to keep cash to buy a home; you can easily get a CD laying 4% on your cash; I would put it there and that really lowers the impact of the loan, maybe a 5 year Cd even — doesn’t sound like you are buying too soon? Not stocks since you need the money soon. [/quote]
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