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Old 07-25-2015, 02:41 PM   #1
Mini-Skoolie
 
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To Purchase or not? Please Advise!

Hello everyone! I have been looking for a while and am really excited about a possible project. Like most everyone else I wanted something better quality than an overpriced RV so I have been researching converting a bus. Here is my dilemma.

I am currently in grad school and our first baby will be here in 2-3 weeks (I am so excited). Financially we are in a good situation and I am cautious to add any financial strain until I am finished with school and working again (two years). I have found a bus that meets my requirements (basement storage, 8.3l cummins, Allison 3060 trans, lower miles, no rust, etc.) and although it is more costly than most, it requires much less work to be used (it isn't yellow either). We have family all over the country and a teenage stepdaughter and pets so flying is not a really good option. The sale of my truck would allow purchase of the bus with no loan and I could buy something much cheaper than my current truck. A slower conversion would allow us to use the bus for travel and enjoy it until I am working again and can commit more funds. My question is this. Should I pull the trigger and get this bus that I am pretty sure I won't come across again when finances are better, or play it safe and hold out until we are "ready".

Thank you for you thoughts.

Eric
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Old 07-25-2015, 03:27 PM   #2
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Do you have somewhere you can store it without it being a financial burden or without the possibility of the neighborhood revolting on you?
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Old 07-25-2015, 03:52 PM   #3
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I am currently looking for a place to store it but want to be able to work on it. As long as it's not to expensive and somewhere close to home and I can work on it. Shouldn't be to difficult to find. Hopefully
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Old 07-25-2015, 04:06 PM   #4
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too many major variables for me!

in school
not working
kid on the way
truck sale pending, (then picking up something cheaper IF the other one sells and you get what you need out of it.)
storage
don't know if you're renting or own

only you know what your daily expenses are, and what you can live with or without.
dunno how many kids you've got now, but them suckers are expensive!

personally, in my situation I wouldn't make any major changes with a baby on the way.

But, I know you're flip flopping with the idea of not finding another bus like this one, and I'm glad it's not me with the choice.

(No offense intended)



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edit:
Don't get me wrong.... I can spend someone else's money all day long!
You're coming to a discussion forum asking an open ended question to a bias community, asking for reassurance.

This is a sit down with the wife and have a long talk discussion, more than anything else
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Old 07-25-2015, 04:14 PM   #5
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With a baby on the way and Grad school you probably won't have time to work on it for awhile. Think of it like this, if you pay $80 a month to store and can't do any real work on it for a year than thats $960 down the drain that you could have spent on a bus had you have waited till when you were ready to do work on it. If it were me I would just keep saving money, wait until you know you have the time to work on the conversion and then start looking for the right bus. Enough buses go through all the auctions and random sites that you should be able to find another good bus in no more than 6 months or so if you are willing to travel. The last thing you want is a bus sitting there eating at your wallet as you push through grad school with a newborn waking you up every night.
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Old 07-25-2015, 04:18 PM   #6
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Location: Oklahoma aka "God's blind spot"
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Chassis: 35' Retired Air Force Ambulance
Engine: DT466, MT643
Rated Cap: 6 souls and a driver
Quote:
Originally Posted by Ryank327 View Post
With a baby on the way and Grad school you probably won't have time to work on it for awhile. Think of it like this, if you pay $80 a month to store and can't do any real work on it for a year than thats $960 down the drain that you could have spent on a bus had you have waited till when you were ready to do work on it. If it were me I would just keep saving money, wait until you know you have the time to work on the conversion and then start looking for the right bus. Enough buses go through all the auctions and random sites that you should be able to find another good bus in no more than 6 months or so if you are willing to travel. The last thing you want is a bus sitting there eating at your wallet as you push through grad school with a newborn waking you up every night.


I'd wanna be sitting on at least $40,000 nest egg, personally.... with this kind of timing we're talking about.
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Old 07-25-2015, 05:46 PM   #7
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Thanks for the input. It is good to hear outside point of views.
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Old 07-25-2015, 07:29 PM   #8
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You haven't said what the price is so I don't know if buying the bus will break you. I say buy the bus. Traveling with an infant on a plane can be a pain for everyone not just you. The bus isn't yellow so you won't need to pay for paint. Do a quick and dirty conversion and you are ready to haul ass across country. That 8.3 with 5th gear overdrive will cruise and get good mileage. You won't be driving from Texas at 45-50 mph like I did coming home.
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Old 07-25-2015, 07:36 PM   #9
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It won't financially break me and actually we won't feel it at all. I will just be driving a different daily driver. You hit the nail on the head. I am not interested in flying across the country with the items involved with a young child and not to mention the price of tickets for a family of 4 (and what about the dogs). We have very nice schedules and have the ability to travel often. I loved my time in a travel trailer and loved driving a bus daily so this is the best of both.
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Old 07-25-2015, 07:45 PM   #10
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Then buy it.
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