Last week a friend and I bid on an investment property in Los Angeles. We didn’t think it was worth the asking price but overbid, anyway. The accepeted offer and backup offer were almost $100k over asking.
Ridiculous. I’ll shocked if it appraises at that. But this is LA
Now my beloved Lexus is showing signs she may be on her way out. I love the car. When I bought it, the make and model was my dream car. In 14 years, I haven’t found another dream car. Worse this car has less than 115k miles! Its engine should go another 200k miles. Do I repair or buy new?
I’d rather have money for travel, adventure and my collections, not car payment and insurance. Yet if I buy a car now, I expect it will be my last car. If I buy a house, I expect it will be my last house. Ugh, what to do?
How do you decide which big ticket items to buy?