Well That Was Quick

[GTBrandon]

Granted, I graduated college and drove a $2,000 535i with no heat so you could totally go down that route if you want.

And now you have an X5 with... limp mode?  Look how far you've come 

If you buy a house you're not tethered to it, you can always rent it out, so its up to you if thats a commitment that you want to make in your 20's.  I might argue that any extra income is probably better served in aggressive index funds, though, for future value/retirement.  I wish I'd bought a house earlier than in my 30's, FWIW.

With the change in tax law; its also made renting out your primary home (that you are still living in) less of an investment as well.  If this was 2009/10/11 when housing prices were depressed; I would say it was worth it.  We may not be at peak, but we are certainly not at the bottom.  It's not worth the risk.  You can't hang onto a car more than 2 years and you want a house? 

So is the Jeep registered or under Temp plates?  If it's not registered/titled; I think you can get away with not paying that sales tax (due at titling) if you dump it now.  Of course; if they already signed the title its a lot trickier.  I wouldn't keep the car; but that's me.

Jeep is on transport tags currently, never went to the DMV and therefore don't' have any plates or registration. The Iowa dealer printed out a 15-day transport tag, and I had that taped up in my rear window up until the explosion. I'm honestly not sure about the titling since everything went through a loan. I assume since I was given the check from the credit union, that they currently have the title and therefore the titling has taken place? Might have to call the DMV on this one after work today.

Side note, I'll get with you offline about your experience in the renting market.