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Cars and Transportation
Reply to "Should we buy a new car?"
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[quote=Anonymous]I'm more concerned that you still have a car payment on a car with 150k miles. How long was the loan for? Will you be able to pay it off if you trade the car in or are you in the negative with it? If in the negative, I think you are stuck with this car. Pay it off and hope you get some payment-free years out of it. If you'll be able to pay it off with trade-in, I'd buy a new car that's more reliable and set up the payment terms so that it's paid off before the big repairs kick in.[/quote]
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