Build a Bigger Grarage or Sell a couple cars ?

[Andy]

Would something like this work in your two car garage?

https://www.wildfirelifts.com/double-wide-car-lift

It's more economical than building an addition to your existing garage and solves the problem of storage for two other cars. It would allow you to save your funds to continue to invest for retirement while keeping your toys as well.

I built a 40x60 steel building in late 2019/early 2020 right before material prices skyrocketed. If I attempted to build that same building now I couldn't afford it. Prices have to come down eventually, and I would recommend trying to hold out until that happened. I had the foresight at the time to build my building with 14' walls so that I could add a few of those wildfire lifts in the future if needed. I'm almost out of floor space now so I know I'll be needing at least one before too long!

[Chevelle SS 396 L78]

Originally Posted by Andy

Would something like this work in your two car garage?

https://www.wildfirelifts.com/double-wide-car-lift

It's more economical than building an addition to your existing garage and solves the problem of storage for two other cars. It would allow you to save your funds to continue to invest for retirement while keeping your toys as well.

I built a 40x60 steel building in late 2019/early 2020 right before material prices skyrocketed. If I attempted to build that same building now I couldn't afford it. Prices have to come down eventually, and I would recommend trying to hold out until that happened. I had the foresight at the time to build my building with 14' walls so that I could add a few of those wildfire lifts in the future if needed. I'm almost out of floor space now so I know I'll be needing at least one before too long!

You were lucky to be able to build the inside ceiling height to 14ft. Typically, in detached garages anyway there will be a height limit in residential zoning districts, as I had to deal with. I tried getting a variance form 15ft to 18ft to have enough height clearance for my 2-post lift but it was denied because my wonderful neighbor next door complained. Everybody at the hearing liked my plans, but well so it goes. I ended up having a scissor truss roof designed with a 12ft peak inside the garage so my lift would clear. Scissor trusses work great if there is an overall height issue.

[DougA]

Scissor trusses worked great in my 10' garage for my lift. Plenty of room to get my cars up as high as needed.

[GrumpyJeff]

Feeling confident After settling into a stable new job & lots of lost sleep trying to decide which way to go on this subject. I've decided to move forward on my garage build ( adding any additional 26x28 onto my existing 2 car garage. I did consider all the honest opinions and thoughts you guys expressed on here,even if they weren't what i wanted to hear... After jumping thru hoops with the township/zoning and PPL (the power company) The footers/fondation & concrete have been poured . Just waiting on the framing and trusses to get started within the next week. Cant wait to have everything here under one roof !

[RamAirBirds]

William,
Would love to hear comments on the last post about the insurance / copays. I know it is off topic a little but was hoping to understand a little better how this could have happened.
I DO know that LONG TERM care can completely wipe out a persons savings before medicAID kicks in. That is a travesty in itself, even if there is a surviving spouse they will "spend down" most of your savings / assets before they start to pay for a persons long term care. Probably not a fun topic vs. cars and garages but......

[Too Many Projects]

Originally Posted by RamAirBirds

William,
Would love to hear comments on the last post about the insurance / copays. I know it is off topic a little but was hoping to understand a little better how this could have happened.
I DO know that LONG TERM care can completely wipe out a persons savings before medicAID kicks in. That is a travesty in itself, even if there is a surviving spouse they will "spend down" most of your savings / assets before they start to pay for a persons long term care. Probably not a fun topic vs. cars and garages but......

Actually, you would be better off discussing this with your agent or a family lawyer. I do hear of extreme cases like William brought up, but it seems those cases didn't have adequate insurance or the maximum out of pocket clause, like you do. We have these clauses too and have been assured we would never lose all our investments and savings for a serious illness/injury. BUT, never say never.

I learned the hard way, that if someone thinks you have deep enough pockets to make it worth their time and cost to get it, there is always a way to get around damn near any law designed to prevent just that from happening.

[Keith Seymore]

Originally Posted by GrumpyJeff

Build a Bigger Garage or Sell a couple cars?

.....

[black69]

I designed my own garage with cathedral ceilings. I got 4 cars with 4 post lifts in one bay, and the second bay that is 30 ft deep, I can have 2 cars side by side, one on a 2 post storage certified lift, and one sideways using go jacks. in the last bay is a working bay to have one car. So wife was good with it as a long term view as here in the burbs of chicago, you can get $100 a car per month storage.

The general size of my garage is made up of 3 sections, 24 deep, 21or so wide, the next section is 30 ft deep 21 or so wide, and the last bay is 11 wide by 24 deep. what is cool is from the house or from coming down the driveway, you would not know the center section is 30ft deep. It is hidden from view. The garage would have looked out of place with the house if it was 30ft deep overall.

again, depending on where you live, a nice storage rent is good in retirement. In my case I could get $900 min.