The American Dollar
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One industrious American family's focus on a financial goal of freedom. Through worldly personal finance education, here is our story.
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Our Story: Both my wife and I are 27 years old and have gone through financial hell and back. Now we are on track to financial freedom, however we are not financial advisors or professionals, just everyday people. Share our journey from a negative networth and email us if you have questions or comments! :)



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Sunday, October 08, 2006

Are we minivan crazy?

In the past weeks, my wife and I have been discussing the possibility of upgrading her Toyota Corolla to a Minivan or SUV. A couple things that I thought before we even considered upgrading is 1. how much? or equal trade? 2. is it practical? Since we are having our FIRST child, i dont know if a minivan is going to be the most practical. The corolla is a great car and we love it for its gas mileage and makes sense for our age group. It does have enough room for a child seat and cargo too. My question is if we need to carry anything extra that may make it a tiny bit uncomfortable if we have 3 people in the corolla? Ive been looking at other vehicles like the Rendevoux, CR-V, and RAV-4 to balance out the minivan. Who knows, maybe I'm just going through a "phase" and it will pass, however an addition to our family is coming soon! Tuesday we find out if its a girl or a boy!! :)

2 Comments:

Anonymous Jane Dough said...

If you can keep your current car that is the best option. With a first child the only compelling reason to get a new car is if your current vehicle is not "safe".

You have a LOT of new expenses ahead of you in the next year. If you can avoid spending on something as expensive as a car that would be best.

Likely you will find that your current car will be fine for the first few years. You may need to upgrade to a minivan if more children come along or as baby gets older if you find yourself needing more space for car pooling.

11:43 AM  
Blogger Amdollar said...

Thanks for the comment... my wife says upgrading right now seems a little impractical, so until we are on the verge on total breakdown or have another kid, its compactsville.

11:12 PM  

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