Our minivan was a 2001, which we bought used in 2007. For the last 6 years, it has been a reliable car, with tons of space for our growing family. Unfortunately, this summer everything went to shit. Over the last 3 months, we spent about $1,200 to keep it running (ugh). But having it towed twice in one week pushed me over the edge. I didn't even feel comfortable driving the damn thing anymore. I was convinced that it was going to die somewhere, and I'd be stranded far from home with my 3 children.
So, John and I decided to purchased a new (used) vehicle...
We ended up going with another Grand Caravan, because the price was awesome. We weren't intending to get a new car right now, so price was a big issue for us. I actually feel a little sick to my stomach just thinking about the car payments. I hate having debt. I am hoping we can have it paid off in about a year and a half.
Although I love my new van, I am sad that other projects we were going to start this fall are being put on hold. We can no longer afford to start work on the 1/2 bath in the basement. We were also going to have some dieing trees in our backyard cut down, but that is going to have to wait too.
In summary, I am excited about my new van, but sad about my new debt.