I’m going to need some advice with this one, so I hope you’ll comment.
If you’ll notice the progress bar in my sidebar, you’ll see that we’re setting aside money for a “second car fund.” The goal amount was $8,000 and we have about $4,300 of it so far.
We have a car that has about 34,500 miles and is a 2006 model. Based on Kelley Blue Book and the asking prices of similar cars on craiglist, I feel like listing it at $9,500 would be a fair price.
We can probably fit two car seats in the back, but it’s going to be a tight squeeze. Right now, Johnny’s car seat is in the middle and the front seats don’t have to be as far forward as it would if his seat was directly behind the driver’s. With two car seats, the front seats will need pushed up just a tad bit more. That’s not comfortable.
While we don’t necessarily need a different car in the near future, we’re playing with the idea.
Our car will continue to depreciate and in a year’s time it will be worth even less.
Shane takes public transportation to work and that will continue. We still want to be a one-car family.
So where does the “second car” come into place? Ahh. I haven’t told you about this yet.
So um, we’d like to move back to Indiana. Possibly spring or summer 2011, or maybe later if it takes Shane awhile to find a good job.
We’re going to focus on Indianapolis. The city does have a bus system but it doesn’t go to the suburbs and it doesn’t seem to be the greatest public transit. Correct me if I’m wrong, but Indianapolis does seem to be a drive-to-commute city. We *might* be able to make it work as a one-car family if we live close enough to his job or we happen to live on a convenient bus route, but it may not work out that way.
So that is the reason we are saving for another vehicle.
We were originally going to use the $8,000 in savings or so and buy a minivan and have Shane drive our current car to work.
But that might be more expensive than it needs to be. Because again, I do think our car is worth around $9k or so. That’s a lot of money for a commuter car. We think we could find something reasonably reliable for $3-4k, if we need to buy a second vehicle at all. Yeah?
Selling our car and getting a van now, and then getting a second vehicle when and if we need one seems to make a little bit of sense. We could save a few thousand in doing so — a few thousand that would go toward buying a house.
If you were in our situation, how would you proceed?