Hey All, I'm pondering a sort of win-win situation deciding between two great cars. For reference, I drive at about 7000 miles per year.
My current vehicle is a 2015 Honda Civic LX, Manual 19,000 miles which KBB values at $12,000. It is in excellent condition with no mechanical or cosmetic problems.
My mother is planning on trading in her 2009 Hyundai Elantra, Automatic, 100,000 miles, KBB $3,000. She's willing to sell it to me for somewhere around $2,000. A few additional details about this car:
- Mechanically the car hasn't had any problems and she is a conservative driver
- The air conditioning only slightly works. They've had the shop attempt to fix it multiple times without luck. I'd plan on just suffering through this and not fixing it (I live in Maryland)
- It needs new tires
What would you do in this situation? Sell the Civic, buy the Elantra, and invest a cool ~$9,000 in VTSAX? Or keep the Civic?
