Hello world!
I am a 30 year old Canadian male with around 110k in my savings. I have always owned shitty vehicles before and have been very frugal with other purchases and I am at a point in my life where I am considering purchasing a home but I am also considering the idea of buying a new(er) Toyota Tacoma for 35-45k as it would be a vehicle to suit my needs as an outdoor enthusiast and has a fairly high resale value if I were to ever sell it down the road. That being said if I were to buy this vehicle I would likely drive it for as long as humanly possible and I am told that Toyota's are very reliable and could last me forever. Do you think it would be wise of me to buy a new vehicle and enjoy it for 10+ years or make a larger deposit on a home? My retirement plan is already taken care of and this is money I've been specifically saving for a home/vehicle. I am scared to part with that amount of money as I haven't ever made such a purchase before and try to limit any luxuries in my life. The average home price in my area is 350-400k and I make around 85k a year as an unmarried childless man.
Thanks for your input!
Submitted May 02, 2019 at 04:27AM by adviceplease01989 http://bit.ly/2GWwd6K
