[jhv48]

Since you are retired, I would not take money out of the house for a toy purchase. Nor would I tap into a 401k unless you have to in order to survive.

If you do not have the cash to buy it outright, you might not be able to afford it. I wouldn't advise you to place your home in jeopardy by taking out a heloc. Those interest rates are adjustable monthly and will climb as the economy recovers. Save that money for an emergency.

Cash is the only way to go. And the attitude of anyone that says "buy it now no matter what" is what got Americans into the financial fix they're in right now.

Cash is king. "It's good to be the King"

Signed,
the voice of reason