Originally Posted by john kinzell
One rule that I have concerning buying a vehicle, NEVER buy new, minimum is 3 years or older, let some other sucker pay the 50%+ depreciation.. lots of low mile skooters out there at a good price.. ant I also tend to shy away from first year production runs.
+1 I always look for one-owner with low miles and never get the first year of a new generation!
Originally Posted by §treet_§peed
You're good man lol. I start a job next week. Nothing great considering I'll be making around half of what I did. O well, shit happens.
Good Luck to you man, I went through similar after a lay off and divorce. Things will get better as long as you keep a plan going and keep yourself motivated!
First make sure you set aside at least $500-$1000 for small emergencies, deductables, etc. Also, set aside or build at minimum 3mo. pay in savings, for lay offs, etc. Then, if you must have a bike, at least spend less of the settlement on a 08-10 model and pay for the insurance in one annual payment, which is far cheaper.