What kind of vehicle do we need?
April 26, 2012 8:31 AM Subscribe
I don't know enough about cars. Should we trade in the Subaru for a pick-up truck? If so, how do we pick a truck?
posted by blue_bicycle to travel & transportation (20 answers total) 1 user marked this as a favorite
We sold my husbands exceptionally crappy truck two years ago because we'd left Ranch Country and moved to a place on the east coast where the roads are actually paved. We got a Subaru Outback because everyone recommended them and the AWD was handy for the snow. The Subaru has performed admirably over the last two years but now we're moving to the middle-of-nowhere again, (Montana this time) to a big ranch with dirt roads. My husband says he'd feel more comfortable driving a truck out there, and I believe him but I have questions about how we go about this.
We paid $4,000 cash for our Subaru (we got $5,000 for the truck we sold) and thought we'd drive it for the next ten years or so. Subarus have a good reputation for lasting to the 300,000 mile mark, so we were hopeful. According to the Kelly Blue Book we'd get $7,000 max for it now, which isn't terrible. We want to sell the Subaru here on the east coast a) because the market for Subarus here is huge and b) so that we can use the truck to help us in our move.
However, trucks seem to be insanely expensive. That $7,000 from the Subaru sale (if we can get it) isn't going to go very far. Even used trucks are expensive (e.g. $20,000). I've always thought that buying a used car made more sense, but now I'm wondering if it'd be better to buy a new truck and at least have the warranty. Not to mention trucks get crappy, crappy mileage but there are some new hybrid versions that get up to 20mpg, which is about the same as our Subaru.
We have savings, but not enough to pay for a new truck outright. We'd have to get a loan and aggressively pay it off. We have no debt of any kind at the moment.
So -- are we being silly? Should we just keep the Subaru? It has AWD after all. But, if we decide to trade it in is it smarter to buy a used truck (because new cars depreciate so fast) or buy the new truck because used cars are so expensive and we'll get a warranty? What's conventional wisdom on vehicles these days?