What type of investment property are you talking about? A house,a rental property,commercial investment, an empty lot, etc.. If your planning on buying a house,I think that's worth more than a new car.My house is payed for and I drive a piece of shit.If I had bought a new car when I wanted one instead of my house,I would still have a mortgage and still be driving a piece of shit.Atleast now I have the option of buying a new car or not if I want. My advise..do what you want to do.
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