
Ryan writes:
Sajeev and Steve,
I find myself perplexed by a vehicular conundrum. A year ago I purchased my first new car, a 2010 Subaru WRX STI SE. It is a great car. Previously I daily drove a 1997 Toyota Land Cruiser. Another great car. I drive about 20,000 miles a year, mostly on the highway.
My wife and I both work. We contribute heavily to our 401K’s and IRA’s. About a month after I purchased the car my wife decided to go back to school, for an MBA. No problem. She now has a year left. For the year we will be setting aside just shy of $1000 per month to pay for her schooling. This leaves us saving very little over the next year. We have emergency funds to last a few months should the need arise. I want to eliminate debt as soon as possible (currently 2 car loans and a mortgage, nothing more).
My inner cheapskate has become uncomfortable with the nearly $1100 a month operating costs of my beloved STI. My inner car guy misses the Land Cruiser terribly. I’m without a truck. Replacing the STI with another 80 series Land Cruiser or Land Rover Discovery I do not save much money because of the fuel costs.
I am contemplating selling the STI, and picking up a truck and a commuter. The commuter would need to be somewhere around $10,000 or less. Cash for one vehicle, maybe a loan for the other. The ideal commuter would be more comfortable than the STI, get around 30 MPG, have four doors and possibly be all wheel drive (for ski trips). Cadillac CTS? Lexus something? Nothing soulless, please. I can turn a wrench and can maintain both vehicles no problem.
What say you? Do I keep the STI and buy a truck when I can? Sell the STI, buy the truck and commuter? If so, what kind do you suggest?
See the attached spreadsheet. (Ryan’s Car choices)
(Read More…)
Recent Comments
mshenzi - The ANC was founded around the turn of the 20th century by mission-educated Africans who most definitely were not communists– they aimed for English-style...
28-Cars-Later - You are correct that all variants of the Ju-87 and the main bomber type Ju-88A were powered by Jumo engines, however the Ju-88 was a...
28-Cars-Later - William Faulkner is that you?
28-Cars-Later - I agree and the sucker in me pines for a 98-02 Silver Seraph, but then I see “BMW V12″ in the specs. Would be better off...
wumpus - It’s a supercar. A weird, new type of supercar, but still a supercar. Car exists primarily to be seen getting in and out of (check) Car made of...
oldyak - Very entertaining! A person really needs a sense of humor about the world we live in. Spot on!
krhodes1 - It’s all relative. To someone making millions a year, a $500K car is no different than someone making $100K a year buying a 3-series....
28-Cars-Later - If I was ever in such a financial position, I would buy it to impress… myself. But I agree its an garish accessory not meant to be a...
wumpus - “In the Netherlands you pay sales tax according to the NEDC measured CO2 emission” WTF...
Mrb00st - It’s a magnificent auto/sculpture, it is, but I just can’t bring myself to care. Perhaps a little more than I can about the latest...