Reverse Mortgage
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Buy Car with Reverse Mortage Funds

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Walter Cabe
Nini Stone
Linn F
Cherry Pearl
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Post  Cherry Pearl Tue Feb 05, 2008 9:25 am

I'm thinkiing about the reverse mortgage and I also need a new car, at my age it will probably be my last one. Can I use the money to buy a car?

Cherry Pearl

Posts : 20
Join date : 2008-01-29

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Post  Linn F Tue Feb 05, 2008 9:39 am

I'm not 100% sure but I would think you could buy anything you want.

Linn F

Posts : 20
Join date : 2008-02-05

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Post  Nini Stone Tue Feb 05, 2008 10:09 am

Yes you should be able to buy a car. Just becareful when you start buying you only have a limited amount of funds that have to last.

Nini Stone

Posts : 17
Join date : 2008-02-04

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Post  Walter Cabe Thu Feb 07, 2008 9:58 am

You can buy what you want with the money, but as a senior myself I can tell you from experience you need to be careful how and when you spend your money that you get.

Walter Cabe

Posts : 23
Join date : 2008-01-28

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Post  Ralph J Thu Feb 07, 2008 10:16 am

If you are going to invest in a new car you might want to take someone with you. I know women can buy cars on their own now but for some reason it seems like the car salesmen just don't give a woman as good a deal. That is my wife and my experience.

Ralph J

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Join date : 2008-01-28

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Post  Foster Brown Thu Feb 07, 2008 11:00 am

I haven't had a new car in years and will probably never get one now as I'm limited to where I can drive now. You go Cherry Pearl, get a good looking red car for me and enjoy.

Foster Brown

Posts : 20
Join date : 2008-01-28

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Post  Sun Shine Thu Feb 07, 2008 11:04 am

Oh no Cherry I always wanted a "White Cadallic" get that one they are beautiful.

Sun Shine

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Join date : 2008-02-05

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Post  Lizzy B Fri Feb 08, 2008 12:42 pm

Well I'm going to ask for a Lincoln Escalade I think they are beautiful and I'd also like a driver please.

Lizzy B

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Join date : 2008-02-05

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