What options are you considering for solution, let’s start there. These aren’t right or wrong, just need to know what the options are for you in your life.
current car
brand new car? hd truck?
used vehicle but meets what criteria?
I can break this down but only if I know what your acceptable end states are in terms of vehicle.
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It’s a 15 year old Hyundai Santa Fe. 155k miles. In good shape it’s maybe worth 4500 private sale. Half that for trade in. Less in its current state (caliper failed and ruins rotors and pads. Also has a coolant leak.)
Was hoping to get a ridgeline for my next car. I need something with some clearance for driving two tracks when I’m hunting and something some space for my kids hockey gear and the occasional lumber purchase. So needs to be a small truck or another crossover type car. Preferably a truck.
In an ideal world I would’ve gotten another five years out of this, given it to my kid when she turns 16, and then spent that time saving for the ridgeline.
I could probably sell enough to at least cover a down payment on a used ridgeline that’s only a few years old. My concern with going with something too old is that I have very little mechanical knowledge of cars. So I’d be worried about buying something older that either I can’t evaluate the state that it’s currently in (bc I lack the knowledge and end up getting screwed) or that is going to give me the same issues as the one I currently have (bc it’s older and has many miles and things just start breaking). So basically, it wouldn’t make sense to unload this for another car in the 5-8k range. I should drop the 1300 to get the current one fixed and cross my fingers.
So it’s kind of between drop the 1300 and hope or drop some btc on something that I can (probably) get a lot more time and miles out of.