well that just sucks! Wheres the auction?

 

Indianapolis. So, I guess I saved myself a 6+ hour bike ride :/

 

I'm with you on the loan thing in regards to a bike, I am not even trying to take on debt for what is basically a toy when I have an F3 that runs great and I don't have a ton of disposable income... even as much as I want a new RR. But you're not saving anything by renting simply because there's no interest on it. If you're paying down a mortgage, you're gaining equity. If you're paying rent, you're getting nothing except for temporary housing.

Now I rent too... but my situation (current job) is not certain where I live and, once the opportunity arises I'm moving on. But if I thought there was a good chance I'd be here 5+ years, I'd be looking into a place where I could get a 5% loan with mortgage payments that largely go to my nest egg rather than throwing away $800 a month on rent for some landlord or corporation... Just a little take from a financial analyst for ya bud

 

That said, there's also a lot to be said for saving for a decent down payment, especially when it comes to working out financing for the remainder of the loan! A lender is much more apt to give you a good APR if you're putting a lot down on a property!