Considering your current Van situation this seems pointless. Why buy another vehicle ? 3 row SUV? can't even fit the same number of passengers or cargo.KYGTIGuy wrote: ↑Tue Oct 23, 2018 2:14 pmAnything that sits higher than a sedan is on the table at this point but I'm looking at midsize trucks or 3 row SUVs.max225 wrote: ↑Tue Oct 23, 2018 2:03 pm
What are the requirements for the vehicle again and any favorites? Are you looking to buy outright or finance. Recent rates are no longer CHEAP. So you have to factor in 4-5% in interest even with good credit. So Unless you have a super aggressive fund that earns more I'd recommend paying cash at this point.
Finance. Could potentially buy new and get a better rate via the manufacturer but then we pay the depreciation. Right now lowest rate outside of manufacturer i see is 3.99 which adds 4-5k over the course of the loan. So that seems like a wash(new comes fartless doe). Cash is technically possible but we aren't going to do that.
So what is prompting the hunt? If you're looking to improve a vehicle that makes sense but it seems like you're looking to get into family transport for which you have the perfect vehicle already. A nearly fully depreciated relatively reliable van. It should run to 200k miles just fine if you service the trans/engine.