Ok, I am looking for a new vehicle now that I sold my acura. I am having a dilema over trying to decide what to go for. Right now there are two vehicles on the table. I was looking for heated seats and sunroof, but sunroof wasa must (seats can be added easier) I am looking to put $3000 down, and take a loan on the rest.
Some of the considerations for this vehicle are that it will be able to serve me for a while, without a lot of major necessary maintenance. My last couple cars have been 110k+ cars, and all needed about what they are worth in maintenance while I owned them. Another consideration is that my girlfriend can drive it comfortable if needed, and it would be reliable to take on trip to help save miles off her new car (since we took her old one everywhere. ) This ruled out suburbans and most trucks, as she isn’t comfortable driving them a lot. The price range was $7k-11k, depending on mileage, year, and options. The vehicles in consideration were 00-05 regals, bonneville, park aves, 06+ G6 and saturn aura, and 02+ envoys, Trailblazer, canyons and colorados (4 door only) For mileage, we wanted under 60k, depending on price.
So this lead us to the two following choices:
First is a 2002 GMC Envoy SLE. 67,3xx on it. Has the sunroof, but no heated seats or steering wheel controls. needs a rear bumper cover due to a small fender bender, whines when turning in 4x4, but that might just be the way it is. looks nice, garage kept. no rust. Was smoked in, but cleaned pretty well. CD, cass, sunroof, power seats, temp, onstar, tow package. He was asking $8750 for it, but came down to $8300 before I left. Private party. Would keep this one 3-5 years before getting a new one.
Pros: 4x4, trailering package (no need for the 95 explorer I have) new tires. well maintained. Price would be a smaller loan and paid off quicker
cons: gas mileage isn’t the best (coming from a 32mpg acura) bumper cover needs to be replaced at some point, would have to add heated seats (~$500) smoke oder still present. Loan rate would be 6.5% due to it being an 02.
The second vehicle is a 2007 Saturn Aura XR. LOADED! 3.6L V6, 6 spd auto with paddle shift, sunroof, heated leather, 18" wheels, CD changer, fog lights, rear audio system, 2 unmounted snows with good tread. Remainder of 5 yr/100k power train warranty. 56,xxx miles on it. Dealer lemon law warranty. $10,995. Would keep this one longer, more like 5-7 years.
Pros: Newer. Less miles. More options. Needs me to do nothing. Lower interest rate of 4.74%. Nicer inside. exactly what I would want.
cons: priced higher, so load would be out longer. Collision needed for longer. No towing/hauling ability, would need to keep explorer or borrow father’s truck. worried about getting it dirty.
Now, for my driving habits, i drive 7 miles each way for work, mixed highway/city. I respond 3 miles each way for fire calls, roughly 4-8 per week. We take trips to Rochester roughly once a month, which I would do about half, and we go to ithaca every other weekend in the spring/summer/fall. I frequent the junkyard and grab parts about 1-2 times a week, and pick up something large probably once a month from there. I am looking for a vehicle I won’t have to work on, and won’t need/want to modify to make it comfy for me.
Financially, i have a good job that is solid. I have a house already, and a project vehicle to work on. The only big expense besides mortgage and school loans pending would be a ring. no kids in the near future. And i would plan on paying them off early.
So basically, which way do you think the most beneficial?? Would having one vehicle for all functions be better than having one for each purpose (daily driving and tow/haul)? Would the cost be better to have cheaper?
I am leaning one way currently, but would like to see what people have to say to see if there is something I am not considering.
Thanks.