I am trying to figure out our car situation and what the smartest path is. Right now we have a 08 Acura worth a minimum of 16k but hoping we can sell for 17k. It has 101k miles, and doesn't get great mileage, maybe 20mpg? It also takes supreme gas. My husband has agreed to sell it, we are compromising because he wants a motorcycle (3k limit).
That part is something I agreed to, but I said we needed to downgrade from luxury car to something cheaper. We are a one car family, and he has a very short commute, we are in an apartment now about 4 miles from his work, but when we buy a house we should be no further than 8 miles I would say. I was looking at a prius. A 2007 for $9500 with 93k miles. We have two in carseats, and do not drive much in a year, besides the commute we maybe drive to a vacation and some random family visits a couple hours away.
I feel like we would save money even downgrading to a Honda Accord of a similar year with less miles and less luxury. But I like the mileage you get with a prius. Am I overlooking anything? I always think about the costs associated with trading cars around and I want to save money- not waste money.