I am already financing a car (Honda Accord- $18k) paying $309/month and insurance $113/month. I am single, my office is near by and I feel that this car is little big for me for now.
I wish to buy a bike (Honda Shadow Phantom) ~$4000. Is it feasible to buy this bike and downgrade my car to something ~$7K -8K, that way I can own both Bike and Car ?
Please let me know your opinions. Appreciate your help!