Hello everyone! A little embarrassed to be posting this, but a situation has come up for which I need your input. My wife [26F] and I [26M] own one car, a small, fairly new SUV with good gas mileage, with which we only drive about 6,000 miles per year. I take a bus to work and she works from home. We have decided to start trying to have kids, and this is where this situation comes in.
My parents recently purchased a new car and offered to sell us their car, a 2003 Honda Pilot with high mileage (great maintenance record, though) for what is a very reasonable price (about half of market value). Right now we definitely do not need a second vehicle, but I wasn't sure how that would change after we have a child. If this deal makes sense I would go ahead and do it now, so that it is taken care of. I'm just not sure if we would definitely need a second car once we have a child.
FWIW, my wife will continue to work and will not be able to take care of the future child during the day, so they would be in some kind of daycare facility (as much as I hate doing that). Does anyone have any experience raising a child with one vehicle? If this is a great deal, should I go ahead and pull the trigger, or wait until we actually might need a vehicle? Any input is greatly appreciated, as we need to make the decision very, very soon. (The new car would only add about $12-$15 to our monthly auto insurance, and would not be driven very often.) Any resources you can point me toward would also be extremely helpful.
Thank you, you great mustachians!