I live and work full time in Japan. I will never return to the UK. I live with my in laws, a good situation no stress, but we would like our own house which are no cheaper than anywhere else in the world. My wife recently told me I can buy a new Toyota Landcruiser which will cost $50000 plus! and will take 5 years to pay for. My heart tells me Land cruiser, my dream car, but my brain tells me House! What would you do?
2007-09-10 19:40:08 · 22 answers · asked by Peter T 1 in Cars & Transportation ➔ Other - Cars & Transportation
There is a chance that the house will become an asset where as the car wont. Also your wife loves you so she is offering you what you 'want' but if you decline it and get what you 'need' as a 'family man' how much more will she love you?
A woman's love is worth more than the house and the car combined.
2007-09-10 20:03:01 · answer #1 · answered by noeusuperstate 6 · 1⤊ 1⤋
A house is the best choice. You will build EQUITY and it's an investment... depending on the market and location, if and when you decide to sell it you should make money on it.
The Land Cruiser will lose value as soon as you drive it off the lot, and it depreciates in value. (The Land Cruiser will not last as long as your home.)
The money you have saved will most likely go towards the down payment for the house and unexpected things you will need for your home.
After you settle in your home...then you can save for the car.
Besides, the excitement of your dream car will fade over time and you will find something else...newer, or better.
2007-09-10 20:06:16 · answer #2 · answered by Anonymous · 2⤊ 0⤋
Definitely a house--it will give you more for the money for a longer period of time--and worth more than you paid when you decide to sell the house--a car of any kind is going to give you a short happiness period and won't be worth much over the years. Buy the house and a used landcruiser. 50 grand for any vehicle is just plain silly--you are only going to go from point A to point B---and a used cheaper Toyota will do it just as well.
2007-09-10 20:26:58 · answer #3 · answered by fire_inur_eyes 7 · 2⤊ 0⤋
I would think anybody would be mad to buy a vehicle if they don't have a house first. A car takes a long time before if goes up in value and by that time you have spent the price of 3 cars on it. look for a good house and take your time finding the right one, not us an investment but to live for many years to come.
2007-09-10 19:55:18 · answer #4 · answered by Kitt 4 · 1⤊ 0⤋
Your wife told, u can buy a new Toyota Land cruiser. What was her tone while she told u, just casual or firm. If casual u can go ahead for the house and if firm I suggest u discuss with her thread bare to convince her to agree with u to buy the house instead of your dream car.
2007-09-10 20:46:09 · answer #5 · answered by nazbak 6 · 0⤊ 0⤋
Get the FJ Cruiser. The Escalade is nice but #1 its made by GM so right there you're dealing with poor build quality and marginal longevity. #2 Its such a poser vehicle
2016-04-04 01:36:05 · answer #6 · answered by Anonymous · 0⤊ 0⤋
the house will increase in value; the car will decrease in value.
in 2 or 3 years you can use the house equity to buy the land cruiser, then you can have both.
2007-09-10 19:46:46 · answer #7 · answered by nickipettis 7 · 4⤊ 0⤋
When Toyota comes out with a 3 bedroom, 2 bathroom car, I'll be 1st in line to buy one.
2007-09-10 19:43:51 · answer #8 · answered by Chris C 4 · 3⤊ 0⤋
Listen to your brain.
Buy the house, and in a few years you can re-finance and buy that Land Cruiser with the equity. Then you'll have both.
2007-09-10 19:49:01 · answer #9 · answered by Anonymous · 3⤊ 0⤋
The house - every time!! The car will depreciate at the speed of light in terms of value!
2007-09-10 19:44:07 · answer #10 · answered by Sal*UK 7 · 2⤊ 0⤋