Quote:
Originally Posted by pmax
Missing the point again. Life goes on as you wait "forever" for that "bargain".
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And you're missing the point I made quite clearly. Here, I'll re-write it.
I agree if you find THE ONE at $28K, don't wait 6 months until it's $25K. But if you're just casually looking, why not wait?
I'm not attached to my cars on as much on a personal level as a lot of people. I like driving them. But they're assets, appliances really. Fun appliances, but appliances nonetheless. And like all assets, they lose and gain value. And if I'm looking to buy an asset and there's a strong likelihood that asset will be 20% cheaper in a few months, I'll wait. Be it a car, a house, a stock, a bond, whatever. Few people become (or stay) rich by purposely squandering money. Personally saving $5K 6 months from now, is worth more to me than the temporary high of an impulse buy today. It's not an affordability thing. It's an I don't like losing money thing. YMMV of course.
I also find it interesting that while you can find all sorts of threads here about saving money on DIY repairs, the notion of waiting a few months to save several thousands of dollars is mocked. So spending untold hours to save a couple hundred ...a-ok. But waiting 6 months to save thousands of dollars, mostest worstest things evah!!