Hi guys,
After years looking after kids my wife is finally starting a job, it can be a point where it's possible to optimize our family cars and it'd be nice to hear your opinions. And I have to confess of having a huge problem - I want a truck. A big, diesel one; I always wanted one. Rumors say it has something to do with masculinity/sizing, but I overgrew that age and I still want a truck.
The current situation: 2 adults, 2 kids, 2 cars (both cars > 10 years old):
- small sedan (Toyota Corolla)
- minivan (Toyota Sienna)
Corolla is the primary coach, we put ~20-25k/yr miles on it. It's a really hard working horse, I love it and am sorry for it. It goes everywhere - school, shopping, camping, you name it. My plan is to run it to the end, then buy another one or something a bit more mustachian (prius?). Looking from current situation buying a minivan was probably a mistake. But 4 years ago when we moved from Australia we thought we can get along with one car only and bought the most versatile one (it didn't work out). By now we bought a house and the minivan mostly sits in the garage collecting dust and small scratches from me moving lumber around. Having said that, minivan is still a huge help when we use it. We like breaking/fixing/renovating things in our home, 4x8 plywood fits in Sienna perfectly (though only 4-5 sheets, if more the front sits get into the way), lumber up to 10 feet (longer one goes on the roof), I'm yet to see anything from Craigslist not fitting it.
The problem is that my wife will need to drive to work, I'll be responsible for driving kids to school (which probably require driving to work as well - currently I ride my bike to a nearest bus). Also minivan doesn't cover all transportation needs - I can't load gravel or manure for our yard, a lot of things are more convenient with truck (firewood, free pallets for reclaimed wood etc). And, you know, I have masculine/size problem that requires truck to fix.
So far I came up with a couple of options but can't make up my mind (which makes me unhappy):
1. Do nothing. Minivan would get more miles, gravel/manure would wait or somehow come by itself, finally I'll find out something from Craigslist that doesn't fit Sienna. I'll probably buy a motorbike, but later - when I'm in or close to FIRE.
2. Replace the minivan with a truck. It'll require 5-10K investment (which is not that critical). Truck would get some miles from driving kids around, gravel and manure would get a nice ride in it, I'll never find out if anything from Craigslist doesn't fit Sienna. I'll probably buy a motorcycle, but later - when I'm in or close to FIRE.
3. Sell minivan, buy a mustachian small car to drive kids around - something like Prius or Leaf (should we now wait for Chevrolet Bolt?) or even 2-seat Smart would do. Then buy an oldish shitty truck. It would require 7-10K investment, relatively small insurance hike (that will get paid off by shifting miles from truck/minivan to a smaller car); gravel and manure get even jollier ride in the shitty truck; I'll never find out if anything from Craigslist doesn't fit Sienna; and I'll probably buy a motorbike later on - when I'm in or close to FIRE.
Sorry for such a long post for such a small problem (I don't have any credit card debts or situation with 401K that I could offer for discussion). I wanted to summarize my case study but since my situation changes my statistical data is not valid anymore, maybe next year I'll do it. But up my honest, 3rd party opinions would be of a great help.
Currently I'm with option 1, but not because it was decided upon, it's merely because I can't make any decision.