[P. Ham]

Originally Posted by DallasRetro

Buying a house is the best investment most people will ever make!

If you have a good dependable car, buy a home now, and by the time you need to get another car, your income will probably have increased. Then since your housing cost should be about the same, (rent keeps going up!), and you make more money, buy a new car (or better yet, buy a demo and save some more money!).

A general 'Rule of Thumb' to remember: A home payment usually won't keep you from getting a car loan, but a car loan will often keep you from getting a home loan!

Makes perfect sense. By the way, what's a demo?