Now is the time to buy and SUV!

By
Services for Real Estate Pros with Charisma Media Group, LLC 50622

Army Hummer

There are cycles in life and in the economy. The masses are driven by fear--they believe what they read on the Internet and take it as TRUTH. They believe what they read in the newspaper--with journalistic license as the order of the day--reporters "report facts" with much subjectivity--their facts can be shaded a bit, don't have to be absolutely TRUE--just so they sound good to itching ears.

The same goes for the real estate market.We hear reports of the housing market getting badder and badder--and they are going to get worse and worse.

People ask, should I buy or wait? Timing any market and trying to pick a bottom is not easy. Anything can happen. Believing that GAS PRICES will be this high or higher--forever,means that there are NO CYCLES, NO HOPE--only UP for what's BAD and DOWN for what's good.

Follow the crowd and it can cost you. So, your gonna trade that SUV in for a GREEN car--it's a good idea to do the math: The cost to recoup what you'd save in gas could wind up being a LONG pay back period-- plus, you'll not get very much for your vehicle.

The pain is temporary. Suck it up.

Gas prices are coming down--maybe it's temporary.Who knows.  But wouldn't it be nice to I will have a nice roomy SUV  and to ride buyers around in through the mud, sleet and snow of South Carolina. (joke)

It's also time to buy a NICE roomy home--a bigger and better one that you can get at a great price, NOW!

Do the exact opposite of what the masses do--it's more fun and can be very profitable--Shop for your SUV in August...when dealers get their new cars--and will have lots of used and left over SUVs  

Posted by

John March

843-368-9146

Comments (4)

Sharon Alters
Coldwell Banker Vanguard Realty - 904-673-2308 - Fleming Island, FL
Realtor - Homes for Sale Fleming Island FL

John, I think you're right - especially about houses and the stock market. I'm not 100% on where gas is going to land because of the political landscape, but I'm not selling my SUV, that's for sure and maybe I will think twice about investing in another one. Do they still have that write-off for vehicles over a certain weight? I think I've passed the number of years and could do it again.

Thanks for the post. Buy houses and also, buy stocks!

Aug 06, 2008 11:41 AM
Chuck Carstensen
RE/MAX Results - Elk River, MN
Minnesota/Wisconsin Real Estate Expert

I am still going to stay away from an SUV.  Don't need it.  Get the roomy home though!

Aug 06, 2008 11:45 AM
George Wilson
Raleigh Cary Realty - Raleigh, NC
Raleigh Cary Realty 919 439 0965

I always tell people that all we know is right now and who knows what the rates are going to do on top of everything.

400,000 home is a whole lot more at 9% than 6.5%.

I do not think both rates and home prices are going to lower do you?

Then again, I try not to guess that.

Aug 06, 2008 11:46 AM
Richard Mielke
RE/MAX Results - Gettysburg, PA
REALTOR, Gettysburg Pennsylvania Real Estate

I bought a Prius in 2006 as a replacement for my Ford Explorer. It was less money than buying a new Explorer. I am getting 42 mpg vs 13 in the Explorer (there are mountains here and I have a lead foot). For long distance trips I get around 50 mpg. My clients love my car and I love the savings every time I fill up.

Aug 06, 2008 01:18 PM