Quote:
Originally Posted by Leingod
I personally wouldn't. Look at it this way for college. Say you sell the Z and get 20k for it. That'll cover maybe 2 years at a community college or 1 semester at a nice college. Also remember that this will be 18+ years from now. Who knows how college loans will be. People can't afford them now. That bubble will some day burst just like the housing market.
Just something to think about. I'd you do part out, I call first dibs on parts! Lol
|
Um what? My investment accounts have been averaging 10% annual returns. Said $20,000 at a modest 8% annual return and given no further contributions are made over the next 18years, the net balance will be around $79k....
Sad to say buy Zs value is depreciating away, they are becoming cheap cars nowadays. That's why I'm thinking about getting out while I'm ahead. Downside is no more fun car for awhile until we buy another house.