Maybe Selling 97 Pathfinder need advice...

[colorado_cabrio]

. It's like buying a car without a title.

LOL - Now I have an answer for what to do with the Pathfinder! Huuzah

[Roland H]

The realistic alternative on a home isn't a cash payment, it's paying rent...dur

Paying off a loan on a depreciating asset (that could POSSIBLY appreciate) is smarter than renting (pissing away money).

When you move out of a house, you can rent it out, or sell it, and make money off of that asset. When you move out of an apartment, you walk away with nothing at all. It's like buying a car without a title.

[blefevre]

Ugh, renting.

[colorado_cabrio]

Yeah, If I had 300-400k cash I wouldnt get a house loan either....

The realistic alternative on a home isn't a cash payment, it's paying rent...dur

[blefevre]

Yeah, If I had 300-400k cash I wouldnt get a house loan either....

[Roland H]

Don't tell Tim, but most Boulder houses have appreciated through the entire down turn! My neighborhood in particular has been stellar.

Just another bubble. Boulder won't be able to maintain their artificial growth for too long.

Besides, living/owning a house outside of Boulder city limits is probably cheaper than owning one within, which will probably be enough to offset the money you might lose on depreciation.

[colorado_cabrio]

You say "a depreciating house" like there are any houses that are actually appreciating right now.

Don't tell Tim, but most Boulder houses have appreciated through the entire down turn! My neighborhood in particular has been stellar.

[Roland H]

Don't take a loan on a depreciating house either. Unless you know the socialist dictator is gonna bail you out!

You say "a depreciating house" like there are any houses that are actually appreciating right now.

I take it that none of you have experience witha vehicle donation?

I do. It's great, only if you want it to end up in a junkyard, because that's what happens to them. Personally, I can't justify sending good cars to the yard so I don't advocate it.

[colorado_cabrio]

Word.

Unless its a house.

Don't take a loan on a depreciating house either. Unless you know the socialist dictator is gonna bail you out!

I take it that none of you have experience witha vehicle donation?

[mkoneod]

That truck will not really depreciate especially in CO...taken off of insurance doesn't really make sense IMO either..

Honestly....Best thing, keep it as a back up or sell it now. Its worth what its worth now or later...The more it sits with those miles means possible issues that will just show up out of nowhere..

[Roland H]

Never take out a loan on a depreciating asset.

Word.

Unless its a house.

[colorado_cabrio]

Looks like the insurance is closer to $500 a year...

Maybe take it off the road? No tags or insurance...

For better or worse I own all the cars out right..Never take out a loan on a depreciating asset.

[hyperE30]

Imo, having a beater thats paid off is nice.

Indeed..

[Roland H]

yes.

[Bimmerman325i]

Imo, having a beater thats paid off is nice.