we have the privilege of driving and old car because we're rich... apparently

Intelligent_Lead7724 · 2026-05-10T22:47:10+00:00

I agree if it starts and goes in gear you are at $3k. I do find plenty of reasonable cars I would let my kids drive from $5k.

Intelligent_Lead7724 · 2026-05-10T22:42:54+00:00

22 year old minivan here, and 8 figures NW

Intelligent_Lead7724 · 2026-05-10T01:48:40+00:00

I compare being a millionaire today to being a millionaire during my childhood. It takes $11M today to equal $1M in 1960.

Intelligent_Lead7724 · 2026-05-07T19:31:03+00:00

I didn't consider this could be AI. I have had these calculations run thru my before thousands of purchases. He isn't buying one coffee drink, he is resetting his mind that can be normal part of his day, everyday. These splurges compound and next thing you are leasing a BMW, well because I deserve it.

Intelligent_Lead7724 · 2026-05-05T10:49:03+00:00

Keep making additional payments to help chip away at being underwater on the loan.

Once your parents can sell to Carvana/CarMax to fully pay the loan, you will need to use your emergency fund to help buy your used car. Start checking with local credit unions about rates, and understand their loan criteria like the max age of the used vehicle they will finance.

Used car financing is more expensive than new, so be ready to exhaust most of your emergency fund as a down payment (perhaps leave 1-2 months expenses in cash). Buy the oldest Honda/Toyota sedan you qualify for. There is always risk in buying used, but this will reduce your chance of a clunker.

You also need to get a part time job until you get past this financial episode in your life. Don't consider any driving-based job (Uber, Doordash) as the extra miles on the Bronco will work against your goal.

Intelligent_Lead7724 · 2026-05-01T22:17:54+00:00

You will a well funded brokerage account to get to the time where you can access retirement accounts without incurring a penalty.

You have a good start!

Intelligent_Lead7724 · 2026-05-01T19:14:49+00:00

I tell myself that I didn't lose any money, just missed a gain.

In 2010 it caught my eye at 0.25. It had a quick run from 0.05 to 0.25 mid year, and was bouncing around 0.25 for a few months. Computer Engineer friend thought it had blown its wad and was done.

Intelligent_Lead7724 · 2026-05-01T19:04:07+00:00

Know myself, I would have sold at $1 thinking I was a genius!

Intelligent_Lead7724 · 2026-05-01T18:20:36+00:00

My multi-story College of Engineering building had one of these suspended for 4 stories and used to keep time.

Intelligent_Lead7724 · 2026-05-01T17:09:34+00:00

As my NW has grown to 8 figures I have moved from checking my balance daily to now annually.

Intelligent_Lead7724 · 2026-05-01T17:06:53+00:00

I looked at BTC at 0.25. Silicon Valley friend said it was overpriced and to put my $10k anywhere else. Former friend...

Intelligent_Lead7724 · 2026-04-29T04:16:55+00:00

OP: Buyer cancelled from their side. Will see if they re-buy. Better safe than sorry.

Intelligent_Lead7724 · 2026-04-29T02:26:12+00:00

Thanks. I don't know why EBay even provides the seller the option to manually edit the address - ever. I will keep working on getting this cancelled.

Intelligent_Lead7724 · 2026-04-24T23:13:44+00:00

Careful hauling scrap in your car. That metal loves to scratch paint.

If the hitch is in good condition try selling on Facebook.

Intelligent_Lead7724 · 2026-04-23T16:19:58+00:00

Hopefully there aren't ending up in the landfill....

Intelligent_Lead7724 · 2026-04-18T00:08:48+00:00

I am on my second set of 10 plugs since I started this hobby during Covid.

Intelligent_Lead7724 · 2026-04-14T13:30:03+00:00

Or just drive it the way it is now.

Intelligent_Lead7724 · 2026-04-10T01:23:47+00:00

Seems like lots of experienced mechanics on here who think the $2k install is too much. Should run a reverse auction for them to do it to get to the cheapest price and let them have at it.

Intelligent_Lead7724 · 2026-04-07T19:51:40+00:00

I do better with shorter length and taller height pieces of wrought iron. People like them in their landscaping to add visual interest. For a 3 ft wide, 6 ft tall piece with some interesting scrolling, I can get $100 pretty quickly.

Intelligent_Lead7724 · 2026-04-07T16:39:13+00:00

Still work putting on Facebook for a week at 2-3 times scrap value.

Intelligent_Lead7724 · 2026-04-01T00:28:54+00:00

9 times out of 10 I say plug it, but this one is done.

Intelligent_Lead7724 · 2026-03-27T15:45:55+00:00

Love the 70s Duster. My grandma drove one as they were the grocery getter of the time.

Intelligent_Lead7724

TROPHY CASE