Cybertruck and Semi together?

[John K]

Call it whatever you want. I live in my camper full time. I can't afford to stay in a hotel 365 days a year, and even if I could, it would SUCK.
I like having all of my stuff with me when I travel, and I travel constantly.

If I could talk the wife into a smaller camper, maybe I could make the CT work, but for now the Semi is my only option.

If that is your rig, or you have a different setup, and you live in it, then you are getting returned value. My comment is based on those buying similar rigs and using once every five years or so.

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[Dave Lyon]

If that is your rig, or you have a different setup, and you live in it, then you are getting returned value. My comment is based on those buying similar rigs and using once every five years or so.

Nope, that one's not mine. Just an example I found.
Here's mine.

 

[John K]

Nope, that one's not mine. Just an example I found.
Here's mine.

Looks awesome. My personal philosophy, nothing is too expensive if within personal means and is used.

Ask me how many pressure cookers I own, still boxed that my wife bought? Since I rather keep her, those extra appliances are required. ?

 

[Dave Lyon]

Looks awesome. My personal philosophy, nothing is too expensive if within personal means and is used.

We follow the Dave Ramsey plan. Things that go down in value should equal less than 50% of your annual income, and should be paid for in cash. If you're gonna buy brand new, you should be a millionaire.

 

[Crissa]

I find that people who say only millionaires should buy new usually never had to deal with lemons or were already millionaires.

I always loved my snowbird neighbors as a kid on the beach... they missed the cold part of the year and were always going neat places.

-Crissa

 

[Dave Lyon]

I find that people who say only millionaires should buy new usually never had to deal with lemons or were already millionaires.


-Crissa

Most people finance their vehicles, and the average cost is over $500 a month. You can fix a lot of problems with $500 a month if you don't have a car payment, or any other payments.

Most people think it's easy to pay cash after you become a millionaire, when in actuality, paying cash and good investments help you to become a millionaire. Most millionaires live in the same type of neighborhood that average people live in.

 

[Bill906]

Most people finance their vehicles, and the average cost is over $500 a month. You can fix a lot of problems with $500 a month if you don't have a car payment, or any other payments.

Most people think it's easy to pay cash after you become a millionaire, when in actuality, paying cash and good investments help you to become a millionaire. Most millionaires live in the same type of neighborhood that average people live in.

What constitutes being a millionaire? If you count the equity I have in my house, my savings, and my 401k (adding to it every paycheck for over 20 years), I guess I am a millionaIre. I’m hoping to save up enough to pay for my CT outright, but will probably have to finance at least some if it.

 

[Crissa]

Paying cash for vehicles doesn't build credit. And doesn't make sense if you can finance at or below inflation. (Which is true for our last two vehicles).

And you need the cash in the first place, and most people need the vehicle to get to or perform work to generate income. (It's a nasty cycle my sister has avoided by not having a car.)

-Crissa

 

[Dave Lyon]

What constitutes being a millionaire? If you count the equity I have in my house, my savings, and my 401k (adding to it every paycheck for over 20 years), I guess I am a millionaIre. I’m hoping to save up enough to pay for my CT outright, but will probably have to finance at least some if it.

A millionaire is a person whose net worth (assets minus liabilities) is over one million. It sounds like you qualify to me. Congratulations. You are now one of those selfish rich people that hate the poor, never do anything for others, and don't pay your fair share of taxes.


Kiyosaki would warn you that a house you live in is not an asset, but that's a different discussion.
Ramsey would warn you not to have too much tied up in depreciating assets even if you are a millionaire.

 

[Sirfun]

Paying cash for vehicles doesn't build credit. And doesn't make sense if you can finance at or below inflation. (Which is true for our last two vehicles).

And you need the cash in the first place, and most people need the vehicle to get to or perform work to generate income. (It's a nasty cycle my sister has avoided by not having a car.)

-Crissa

Last year we purchased a Chrysler Pacifica PHEV. When they told me I qualified for 0% financing, I went with the least possible down, and longest loan period. That helped me buy a few Tesla shares. Why tie up your money in a depreciating asset?

 

[John K]

Today’s millionaire is yesterday’s thousandaire.

weather buying or financing is based on personal situations. Example, I financed my Volt with a zero percent interest loan. Regardless of financing versus purchase, life sucks when outgoing monthly leaves no disposable income. (Regardless of net worth)

 

[John K]

Paying cash, real cash, triggers a lot of paperwork. Where did you get your money? Paperwork.

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