randomkid
03-29-2010, 10:40 AM
We have a 1998 Honda Accord that DH uses for daily driving and a 1990 Toyota pickup that he uses for recreation. We were hoping the Honda would last at least another year, but it is showing signs of dying soon. I would like for him to have one vehicle that is multi-purpose and our plan was to get a newer truck for him, but in about another year or so (I really want to get rid of his older truck and only have 2 vehicles, instead of 3). Since it now looks like we will need something sooner, we likely won't have that option. We just bought a van in '08 and really can't afford another decent size car payment. So, over the weekend, we shopped online and so far, these are the options:
1. Buy a 3 year old Honda Accord with 20K miles, get rid of our current Honda and keep the truck, which will likely need repairs.
2. Buy a 2003 Toyota 4Runner with 58K and get rid of the truck and our current Honda. This one is about $800 less than the Honda.
I'm not figuring in cost of insurance because it's pretty low on the Honda and the truck. A newer vehicle will likely be about as much as both of those combined. However, if we keep the truck, then we are still paying insurance on 3 vehicles and now we're throwing in a newer vehicle which will be more that our '98. I am not keen on buying a 7yo vehicle, but the mileage is low. However, the gas mileage on a 4Runner is terrible. To get a used truck, we would be looking at around $6K to $8K more than these vehicles. Gas mileage is better on a truck, but not by a lot. Obviously, the Honda gets better mileage than either. We have to do something soon and I don't want to make a decision under pressure that we are going to regret. Not really interested in a smaller car because I am just not comfortable with DH driving DD around in a smaller car. Maybe that's stupid of me, but that's just how I feel.
1. Buy a 3 year old Honda Accord with 20K miles, get rid of our current Honda and keep the truck, which will likely need repairs.
2. Buy a 2003 Toyota 4Runner with 58K and get rid of the truck and our current Honda. This one is about $800 less than the Honda.
I'm not figuring in cost of insurance because it's pretty low on the Honda and the truck. A newer vehicle will likely be about as much as both of those combined. However, if we keep the truck, then we are still paying insurance on 3 vehicles and now we're throwing in a newer vehicle which will be more that our '98. I am not keen on buying a 7yo vehicle, but the mileage is low. However, the gas mileage on a 4Runner is terrible. To get a used truck, we would be looking at around $6K to $8K more than these vehicles. Gas mileage is better on a truck, but not by a lot. Obviously, the Honda gets better mileage than either. We have to do something soon and I don't want to make a decision under pressure that we are going to regret. Not really interested in a smaller car because I am just not comfortable with DH driving DD around in a smaller car. Maybe that's stupid of me, but that's just how I feel.