I am planning to retire next year. Just like most Americans, despite my relative frugality, due to the fact that we live in a town where there is no public transit, plus we have awful winter weather, we ended up having
three vehicles. Fortunately for us, they are all fully paid.
What is the thought of the group with regards to "fully paid" vehicles.?
Should we just keep them until the wheels fall off? Is there a financial benefit is keeping one and trading the two left to a newer one, thus downsizing to 2 newer ones.
The vehicles are:
1. Ford F150 Supercrew 4x4 truck -4000miles only
2. Honda Accord Coupe v6 - 15,000 miles.
3. Nissan Altima v6- 23,000 miles.
I think I am still spoiled in liking to drive the sporty Honda coupe during the summer and the Ford truck during the winter. The Altima is my wife's car. I am thinking of trading the two cars to a new minivan for travel.
I don't know if I will save money or not. BTW, I can afford to maintain the vehicles.
Thanks for advice.
three vehicles. Fortunately for us, they are all fully paid.
What is the thought of the group with regards to "fully paid" vehicles.?
Should we just keep them until the wheels fall off? Is there a financial benefit is keeping one and trading the two left to a newer one, thus downsizing to 2 newer ones.
The vehicles are:
1. Ford F150 Supercrew 4x4 truck -4000miles only
2. Honda Accord Coupe v6 - 15,000 miles.
3. Nissan Altima v6- 23,000 miles.
I think I am still spoiled in liking to drive the sporty Honda coupe during the summer and the Ford truck during the winter. The Altima is my wife's car. I am thinking of trading the two cars to a new minivan for travel.
I don't know if I will save money or not. BTW, I can afford to maintain the vehicles.
Thanks for advice.