Wonder how many cyclists already figured this out?

[mimitabby]

When you put the Bike Fridays in my car, the value well more than doubles I kinda like it that way (though I'm starting to get the large firm pressure of you have to buy a nicer car to impress clients - my response - you can pay for it then...)

There are some nice things about working in research and development, in a test chamber. The only car presssure going on around here is the guys seeing who can buy the biggest PU truck. and obviously, with my honda civic, i'm not in the competition!

[wannaduacentury]

Then some of us drive 15 year old cars and buy expensive Italian bikes.
When I'm all through, the bike will be worth more than the car

Well my bike isn't italian, but I did pay more for it than the last car I got off ebay. dh found it, has it purring for a 20 yr old Saab. and it's red We did real good on that one. Our game is to see how good a car/truck we can get for even less than the time before(that incl any mechanical fix-ups) We finally have all of our cars paid for and that's the way it'll stay. I can't see spending up to $400 a month on a car, when I can take that and go on vacation somewhere. Less is more for me. My advice: Find something you like, buy it, and drive it. Don't keep up w/ the Jones', be yourself and you'll save a bundle. Jennifer

[Brandi]

Interesting article from MSN about how people are going broke with car debt (hope this isn't old news).
http://articles.moneycentral.msn.com...&wa=wsignin1.0

and don't forget the foreclosures for house loans. A lot of people are really going to hurt from that

[Pax]

and don't forget the foreclosures for house loans. A lot of people are really going to hurt from that

Can you imagine how terrifying it would be to be locked into an ARM you KNOW you can't pay and wondering when they're coming to take your house?? I am thrilled to live below my means so I don't have to have those fears.

[Brandi]

Can you imagine how terrifying it would be to be locked into an ARM you KNOW you can't pay and wondering when they're coming to take your house?? I am thrilled to live below my means so I don't have to have those fears.

Amen sister! I am with you on that one. We have no debt except our home loan. And we refied at the right time. We took no money out when we refied cause we want to pay off our home loan. I think we got a 4.7% interest. when we bought our house it 6.8%. Our mortgage payments arelike $735. and we add an extra $300. a month to pay it off. When we bought our truck back n 2002 it was interest free. So that was cool! And it is paid off now. Credit cards we use like cash. If we don't have it we don't use it point blank. The credit card company does not like us!

[Mr. Bloom]

Interesting article on cnn/money earlier this week. It places a $180,000 value on the benefits of buying less of a car

http://money.cnn.com/2007/01/12/maga...ymag/index.htm

We've only bought two new cars in our marriage...both for Silver. 30 years ago, used cars were bad deals...but quality is much better now.

[silver]

We've only bought two new cars in our marriage...both for Silver. 30 years ago, used cars were bad deals...but quality is much better now.

you're forgetting the Mazda 626 that you got.


Right and buying a used car that is still under a warranty has worked out great for us.

but it is certainly nice to have the cars paid off and not want any thing else. While I hate driving a mini van...a '98 minivan with some 115,000 miles on it, I LOVE quickly stowing my bike (and various tri equipment) inside the van all nice and secure!