Selling a rig your upside down on

RustyJC wrote:

Sprink-Fitter wrote:
Just because you can save $100,000 to buy a RV with Cas does not mean everyone can, some it would take a lifetime, so with your thinking, it might take 50 years to save for it, but now they can get a RV. There is nothing wrong with payments as long as you are living within your income situation.

I'm not going to debate with you how you choose to live your life - that's none of my business. I'm just going to say that the reason we have the cash to buy what we need and some of what we want is that we took the money we would have been paying out in payments and interest and saved/invested that money. Then, when we made a purchase, the cash was there to fund it. The reason we can buy a $100K RV (your number) with cash is that we settled for the $2500 refurbished 1978 Jayco Cardinal pop-up (our first RV purchased in 1992 after 23 years of tenting.) That's all we could afford without taking out a loan.

I realize that it's a lifestyle change - I just shared our perspective and perhaps a bit of wisdom gained through life experiences of 67 years on this earth. If you don't agree or don't want to hear it, please feel free to ignore it.

All the best to you and yours,

Rusty

My career was Carpenter/Superintendent. All our friends had the newest of everything and several lost everything when things went south. We were very careful because Construction has highs and lows. Other than a house payment we always had cash to pay any loan we did take. We always bought good used vehiclesRV's and saved a ton.

Now because of the life we led we can now buy what we want.

We see too many people take out big loans when they go full time and all we hear is "we can't do this or that" because they are counting every penny.

Anyway OP sorry for your situation! Young people don't think you need "NEW" every time you buy something!