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Reply to "Downshifting to 70K - family of 4 - WWYD"
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[quote=Anonymous]OP, I would just caution you to be very careful on what kind of cars you get to replace your minivan. My mom did what you are planning to do. You will lose something in the transaction, especially if you sell to a dealer. My mom sold her car and bought two used cars. They both had major problems within a year. She couldn't afford to deal with all the mechanical issues so she ended up selling both older cars and bought a slightly better used car with that money. So within a year she went from one nice, reliable newish car to one old used, unreliable car. 70K doesn't give you a lot of cushion for major car repairs. If you must do this, choose wisely and buy older reliable cars with low mileage.[/quote]
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