My uncle is looking to purchase a palletizer but the one that he wants to purchase costs more than the amount of money that he managed to accumulate and save for this purpose. He was like, he would not mind waiting for another year or so before purchasing his choice palletizer and he discussed his situation with me. I just could not believe he was willing to wait because palletizers keep changing with time, and who knows, the following year, there may be newer models and not the one that he has in his mind at this time and what is the guarantee that the total amount of money that he would manage to save by the following year would be sufficient to purchase the newer model of his choice palletizer.
There is simply no such guarantee because palletizer prices keep rising and savings never do as much. I therefore advised him to look for finance deals that he could benefit from because he would only be supposed to be taking out financing on the balance of the palletizer price and not on the full price. Since he had enough money that he saved, he could have used that to finance his palletizer. An even better option would be auctions where he could Bid on Palletizer and purchase one cheaper.