I’ve always enjoyed this column, and several years ago I took a piece of the advice you provided: I bought a used Ford Taurus for a teen driver.
Anyway, I’m curious for your thoughts on what we should drive now. My wife and I have long commutes as well as 3 children. It’ll be a year before the oldest can sit up front and, at that point, the youngest can go from a massive car seat to a booster.
I log about 18,000 miles per year in an E39 M5. I have little time for it to be down, though I can borrow a relative’s extra car in a pinch. As expected, the car costs a few thousand to maintain per year, plus fuel is about $3,000 per year at today’s prices.
My wife has a 2013 Prius with a total of 36,000 allowable miles over the 36 month lease through June 2016. The problem is she now drives more and is already at 37,500+ miles! At 0.25 cents per mile, it will add up quickly.
Should we just plan on buying the Prius from Toyota for 16,400 at the end of the lease term? Or should we take a negative equity hit today, cash out and buy a 2015/2016 Honda Accord Sport/EX? We could be looking at $4,000 in lease payment to roll into a new deal to get out of Prius. We kind of learned our lesson to not do a lease since now she drives a lot. (Read More…)
Tim from Hooniverse here, looking to see what you and the B&B have to suggest.
I’m writing for recommendations to replace my ’69 Wagoneer as the Family Dirtwagon. The Wagoneer’s great as a 46-year-old classic, but it’s a 46-year-old classic, and is a little too old, project-y and fragile for what I need. We’re talking about the fourth car in the fleet, aside my wife’s Mazda5 (6MT FTW!), my ’64 Falcon and the ’62 Ranchero LeMons racer.
This August, we will have a 23-year-old German au pair coming to live with us. She will be taking care of our three boys – ages 6, 4, and 1. I am looking for transportation for said au pair that fulfills the following criteria:
I wrote to you a few years ago about my dilemma with a boring Cobalt. Now I’m writing because I have the opposite problem. I held onto the Cobalt for a wonderful year with no car payment before trading it in on a 2013 FR-S in April 2013. At the time, no one could talk sense into me. I wanted THAT car. While I still love it and by no means want to let it go, there are some issues with the practicality of sports car ownership. Those issues as follows:
The future Mrs. isn’t comfortable driving stick so we usually take her ’07 Camry with 210k on the clock wherever we go out in case she needs to drive.
Since buying the car we’ve added a 100 pound fur baby to the mix and he can’t get in my car.
Future Mrs. ships off to Northwestern in 9 month for prosthetic school and can’t take the dog with her.
Student debt is going to be a big issue for us upon her graduation in 2017. I’d like to have a reliable 4 door paid off before we think about having kids.
If I move away from the city center, I’m going to need a way to transport my bikes, which with the FR-S the answer seems to be to install a hitch. To that I say no.
Like many of the people who write to you, I am having trouble deciding if I should keep my current car or trade it in for a new one.
I currently own a 2010 Honda Civic EX-L with 140,000 miles. It has been the single most reliable car I have ever owned. I keep it meticulously maintained and generally change its oil every 6 to 8 weeks. Otherwise, I have only paid for a set of brakes and new tires.
A week ago, I test drove a brand new Honda Accord Touring and fell in love. The dealership has offered me an excellent deal that includes trading in my Civic. My dilemma is that I feel an allegiance to the Civic. The car has the soul of a toaster and is not exciting to drive, but like a trusty horse, it gets me everywhere I want to go without any complaints. The Civic will eventually need repairs as it approaches 200K but I feel like I would be letting it down by trading it away. On the other hand, I can easily afford the payments for the Accord, but I generally try to avoid debt.
What should I do Sajeev? Should I cut the Civic loose and replace it or keep on driving until she can carry me no more?
I have been trying to find a Lexus GX470 for several months now. Either a 2012 or a 2013.
What I have found is that these vehicles simply don’t exist here in Tennessee.
I have gone through every Lexus dealer in the state, along with a few others that are out of state. I can’t find a GX anywhere.
So I thought that maybe I should try to look at a Toyota Sequoia, or maybe even a Toyota Tundra instead. I have found a few of these vehicles at the dealerships, but the prices are stupid high, and I just can’t justify paying what they want me to pay.
I am a cash customer, and I don’t think I’m too picky when it comes to cars. What I wanted to ask you is whether you can actually find a good deal on a late model GX at the auctions.