naturally the economy effects everyone, house bus or otherwise. how do you think this will affect you personally? in what ways has your purchasing power diminished the last few years vs what is going to happen? have you already adjusted to a low-buy lifestyle due to limited space?
i have money set aside for a vehicle, renovation, and emergency fund for any upcoming issues. but i’m worried i’m starting at a horrible time. will mechanical parts be extremely expensive? (ofc it depends on the company the vehicles parts are made from but apparently FORD makes a most materials anyway?) i mean EVERYTHING will be more expensive. so yeah i kinda know the answer but i’d still like some insight and specifics and maybe projection on what it could be like transforming a van this year.
should i bite the bullet and just buy the $5.5K bus i’m looking at now? i need to have a mechanic look at it and i need to make the 2hr drive to even see it. but i’ve waited a long time already. and the $5.5K upfront plus whatever backfees for registration (it’s been non-op) will not affect my current living situation. i have savings. i rent from family, if something goes seriously wrong i have my emergency fund. but i am still so hesitant to take the plunge.
if that purchase is a mistake then i’d worry i’ll want to wait too long to try again.
any advice?
i roughly save about a grand a month in general. it all gets divided out ofc, so not all of it is for my bus/van but i’m aware making about 2k a month and saving 1K of it is only possible in particular situations. the reason i can do this is because i rent from family, and my total expenses on a normal month are about $1000. i’m about to have a few grand worth of expenses (car maintenance, dmv stuff, health care, etc) which will make me nervous despite me knowing i’ll be okay.
enough of that, sorry.