Monterey Discuss the Mercury Monterey here...

Question

  #1  
Old 02-28-2009, 06:49 PM
Junior Member
Thread Starter
Join Date: Feb 2009
Location: United States
Posts: 1
Default



Ok I have a question and I am new to the forum so I would like to thank any advice you all may have.


My family reciently found out that in June we are relocation to beautiful Hawaii. Problem is we can only move 1 car. We have a 2005 Acura RSX type s with roughly 48K miles and about 7k untill pay off (I bout this car before the suprise of my 2 children) and a 2004 Merc Mountaineer V6 AWD with roughly 85K and is paid off. Now the Obvious answer to the car I should take is the RSX, however my wife is quitting her job to be with me and we will need 2 cars while we live in Hawaii, so we have decided to lease. All-in-all the reality of only 1 car payment while my wife goes back to school and works part time is very appealing. Plus When she is done and had a great job it will be my turn to get my car (2006 M3 ). My question then is it safe?? The car has been maintained by myself and is up to date on oil changes and has had no maint issues other than the belt needing to be replaced. Any suggestions on which one I should take would be greatly appreciated. ThanksEdited by: PAC 10 sucks
 
  #2  
Old 02-28-2009, 08:51 PM
Senior Member
Join Date: Oct 2008
Location: United States
Posts: 1,361
Default

If you can... sell the RSX to carmax or some other dealer and pay off the note. take the one that''s paid off. once you''re at your new place, find a car that''s in good shape that you can afford to pay cash for. believe me, owning your car and fixing little things here and there will still average out to be less than a car payment plus full coverage insurance. This is why me and my wife drive old land yachts. of course, I do most of the little repairs myself which also save a lot of money (though it raises the cost of bandages a bit for scrapes and cuts... but that doesn''t bother me).

the general idea is to have as little debt as possible. they can''t repo what already paid off.
 
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
surfingpolock
Grand Marquis
5
08-27-2017 01:10 PM
rpm911
Mountaineer
4
11-26-2006 04:24 AM
NitrousInfected
New Member Area
0
06-12-2006 06:25 PM
sstepp
Mountaineer
3
03-04-2005 12:06 AM
Lobato60
Grand Marquis
0
02-10-2005 01:15 AM


Thread Tools
Search this Thread
Quick Reply: Question


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

© 2019 MH Sub I, LLC dba Internet Brands

We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.