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Old 04-30-2007, 12:23 PM   #1
MsODancr
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car question.... would you....

buy a used car that is 2 years old with 30,000 miles on it, for around 25 k ( the new one is 43) or

spend a $1000.00 to fix up your old car that has 123,000 miles on it when the dealer only will give 3500.00 for it...

I'm not sure if I posted about this a month ago, but I have been on the fence about this for that long.

The car I want is an AWD Toyota Sienna, the car I have is a 2001 Chrysler Town and Country... the Toyota is the only van on the market right now that has AWD which I most definitely need.

I can't afford the payments on an '07, but I could swing the payments on a used one. I was hoping to find one with less mileage on it, but this one has everything on it I want ( all three automatic doors, the AWD, the third row that folds into the floor & DVD system)

thanks!
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Old 04-30-2007, 12:29 PM   #2
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My opinion is that I would do whichever option I could pay cash for. I am trying to pay off all of my debt and don't want another car payment. Right now my car is a 2001, and although I would love a new one, I am not buying another one until I save up enough cash. That's just me, though!
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Old 04-30-2007, 12:53 PM   #3
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I'd make the change if it were me. You'll probably keep pouring money into the old car.....better to just get a newer one.
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Old 04-30-2007, 01:02 PM   #4
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Definitely get the Toyota! I've had several Toyota cars and they are always reliable. My Chrysler Town & Country was a lemon and I will never buy another Chrysler. Put your money into what you need...the AWD.
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Old 04-30-2007, 01:26 PM   #5
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I would go with the Toyota as an older car usually begins to take more and more money to maintain.
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Old 04-30-2007, 01:39 PM   #6
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Get the Toyota. My next car will be a used one. I find it's such a waste of money for brand new. And you don't want to keep dumping money into something with that many miles on it.
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Old 04-30-2007, 01:39 PM   #7
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Definitely the Toyota for me. After 100,000 miles, no matter how well you've cared for a car, you're gambling with major expenses in repairs. And you know car repairs - they spring up at the worst possible times!!
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Old 04-30-2007, 02:45 PM   #8
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Another vote for the Toyota If you haven't put a new tranny in your Chrysler yet, you probably will be soon
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Old 04-30-2007, 03:37 PM   #9
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Is it certified used?? We recently bought a 2005 Honda Odyssey, certified used with 15000 miles on it. Like brand new, just $4000 less!! The warranty is phenomenal and it is the exact same color and model of the new one I went to buy that day!! I highly recommend the certified used car option
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Old 04-30-2007, 05:36 PM   #10
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We had a Crisis Caravan that we were so happy to unload. We bought my Kia used and so far, so good. My Dad's rule is if the repair is more than 25% of the car's value, it's time to upgrade.
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Old 04-30-2007, 06:30 PM   #11
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I agree with JoanW, a used car is so much better than a new one for the value. And if you have to spend that much to fix it, I'd trade it in.
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Old 04-30-2007, 09:27 PM   #12
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I love my Sienna. Go for it if you can afford it.
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Old 04-30-2007, 10:04 PM   #13
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I guess it would depend on how many more miles you think you can get out of your Town and Country. If it is basically in fairly good shape and might run for quite awhile longer, then the $1000 investment might be more worthwhile. However if it has reached the point where the $1000 might be the first many expensive repairs to come, then upgrading might not be the worst idea. Personally I don't want any more car payments once my car is paid off, so I probably wouldn't spend that much on a vehicle~new or used. But if it is something that you really want and you think it is a good deal for you, then I would say go for it. Good luck!
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