Trade in delimma

[marshall12802]

I possess two vehicles: a 2005 Dodge Grand Caravan (82k) and a 2006 Honda Civic (42k). I own the Dodge and owe $7000 on the Honda. Recently, I inherited a 2004 Volvo XC90. I do not need three vehicles. From strictly a monetary perspective I should sell the Honda; however, I question long term repairs, cost, fuel economy, etc. with the Dodge vs. the Honda. I would appreciate any and all advice regarding this delimma. I realize its a good delimma, I just want to make an objective and informed decision.

[old_master]

Originally Posted by marshall12802

..... I question long term repairs, cost, fuel economy, etc. with the Dodge vs. the Honda....

You'll have repair costs with both vehicles...The Dodge has a $7000 head start. Whatever the coupons are on the rice burner each month, the Dodge certainly won't require in repairs, you can save the difference. It's a no brainer.... broom the rice burner.

['97ventureowner]

Sell the Honda. Then take a portion of what you would've been paying each month on the Honda and put it aside, (savings account for example), as a hedge for future repair cists on the Dodge or Volvo. No use having to have a car payment when you already own 2 paid for vehicles.

[bryce drew]

why you gonna sell those car if your kids can used it for the future, maybe just .take good care of it