Sorry. There isn't a single van that's $50k. The Honda Touring is low 40's if you are dumb enough to pay sticker. We paid $32 for our 2011 exl Honda (leather, power doors, etc.)

Where do you currently keep your emergency savings?

Thank you all - OP here. We do have an ING account and was trying to figure if anything else is out there. I guess anything short term only makes pennies. I understand that minivan might cost a lot, probably 30k+. We are aiming to save atleast 10k towards it. The reason we are waiting to buy is because we don't need it right now. We hope to have another kid in two yrs and that is when we will spring for the minivan

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:ing is about to be bought by capital one

I keep hearing about this but haven't received an official notice. When Is this supposed to happen?

if this happens I am closing my ING account. I will not have a thing to do with Capital One

Isn't Capital One = Bank of America? Hate BofA and will close my account as well!

Anonymous wrote:If you can afford to sock away $300 to $500 per month, why are you waiting to buy the van? Interest rate on a car loan isn't really any larger than you'd get in a CD -- maybe 150 basis points or so.

For me, this is why: http://www.dcurbanmom.com/jforum/posts/list/212074.page
To have the insurance check from the totaling of the car go to pay it off rather than buy a new one.

If you can afford to sock away $300 to $500 per month, why are you waiting to buy the van? Interest rate on a car loan isn't really any larger than you'd get in a CD -- maybe 150 basis points or so.

Anonymous wrote:You can get a mazda 5 for 18 or 19 K...

Yeah, but then you'd have to drive a Mazda 5.

It only seats 6 besides and those back seats area really small.

She's better off with a late-model Caravan or Town and Country at that pricepoint.

OP, I'm certainly no expert, but I would check out some of the high interest online accounts: http://www.consumerismcommentary.com/best-online-savings-accounts/