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Forum
-> Household Management
-> Finances
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amother
OP
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 Thu, Jun 27 2024, 6:01 am
We need a new minivan
Last car (sedan) we bought was before Covid and we had amazing interest rate and our price per month was so so affordable $250, but even that we struggled to pay.
Now we need a new minivan. Want someone thing that is going to last forever but the prices are insane now and the rate is so much higher.
We only want odyssey or sienna because they are known to be very reliable.
However they are way out of our price range
Anything we buy we’re gonna need to finance.we don’t want something that’s gonna need repairs next year.
What should we do?
Looking at a 2018 odyssey with 109k. It’s 20,000. My mouth is hanging open. No way we can afford that payment. But it’s the only thing that even remotely makes sense. It was very very well maintained and just had timing belt fixed and new tires
Is it worth buying that for 20k?
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amother
Iris
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Thu, Jun 27 2024, 6:53 am
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We just bought a 2019 odyssey with 45K for $27K. Assuming that it’s in drivable condition that price sounds reasonable.
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amother
OP
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Thu, Jun 27 2024, 6:55 am
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But 45k miles is very different than 109k
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amother
Freesia
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Thu, Jun 27 2024, 6:56 am
No advice but I could have written your post almost exactly.
No way we can afford a minivan. But we need one...
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amother
Marigold
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Thu, Jun 27 2024, 7:00 am
I'm selling a 2022 kia carnival fully loaded. 19k miles.
$38,000
NJ
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amother
Iris
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Thu, Jun 27 2024, 7:10 am
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I was saying from a mileage to price ratio it sounds really reasonable. Otherwise we were looking into a 2016 odyssey with 65K miles for 20K. Overall price sounds right
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amother
OP
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Thu, Jun 27 2024, 7:11 am
But is it worth it to put 20k into a minivan with 109k miles?
Either way we can’t pay either $600 a month or $750 a month for a more expensive one
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amother
OP
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Thu, Jun 27 2024, 7:11 am
| amother Marigold wrote: | I'm selling a 2022 kia carnival fully loaded. 19k miles.
$38,000
NJ |
I can get an odyssey with 29k for 35,000.
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amother
Marigold
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Thu, Jun 27 2024, 9:30 am
| amother OP wrote: | | I can get an odyssey with 29k for 35,000. |
So sounds like my price is on target.
They arw more expensive than odysseys.
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amother
OP
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Thu, Jun 27 2024, 9:32 am
| amother Marigold wrote: | So sounds like my price is on target.
They arw more expensive than odysseys. |
Right but what I’m saying is I can’t afford that.
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wiki
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Thu, Jun 27 2024, 9:35 am
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OP, the car you're looking at seems well-priced. I would get it if you're planning to use it for neighborhood use or a short commute. I wouldn't buy it if I were planning to commute 2-3 hours a day in it.
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amother
OP
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Thu, Jun 27 2024, 9:45 am
| wiki wrote: | | OP, the car you're looking at seems well-priced. I would get it if you're planning to use it for neighborhood use or a short commute. I wouldn't buy it if I were planning to commute 2-3 hours a day in it. |
We plan to use it till it’s death. Both local and long trips
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amother
Ebony
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Thu, Jun 27 2024, 10:03 am
| amother OP wrote: | | We plan to use it till it’s death. Both local and long trips |
I would rather an older car with less miles
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amother
Periwinkle
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Thu, Jun 27 2024, 10:57 am
My nephew bought a mini van a couple years ago. He found new was not that much more than used and got a hybrid sienna, so he saves a ton on gas.
Also, some places will let you finance 6 or 7 years. Long term it's more money but month to month is more manageable.
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amother
OP
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Thu, Jun 27 2024, 11:05 am
| amother Periwinkle wrote: | My nephew bought a mini van a couple years ago. He found new was not that much more than used and got a hybrid sienna, so he saves a ton on gas.
Also, some places will let you finance 6 or 7 years. Long term it's more money but month to month is more manageable. |
Our credit is not the best so we are not so flexible in terms of what we can get. Even so a new sienna is 45/50k
We are looking at 35k as even being unaffordable
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wiki
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Thu, Jun 27 2024, 12:07 pm
| amother OP wrote: | | We plan to use it till it’s death. Both local and long trips |
As long as you're not taking long trips daily, I would buy it.
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amother
Wallflower
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Thu, Jun 27 2024, 12:38 pm
I would NOT buy it. After 100k miles cars start falling apart.
Try and find an older model with less miles. The year doesn't matter. The miles definitely matter.
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amother
Tulip
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Thu, Jun 27 2024, 12:42 pm
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We bought really old (2007) for 5k
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amother
RosePink
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Thu, Jun 27 2024, 12:45 pm
| amother Wallflower wrote: | I would NOT buy it. After 100k miles cars start falling apart.
Try and find an older model with less miles. The year doesn't matter. The miles definitely matter. |
Sienna? I think they last a lot longer than 100k
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amother
Aquamarine
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Thu, Jun 27 2024, 12:47 pm
We bought a Sienna with 107,000 miles .
Drove it for ten years then sold it as we no longer needed a minivan.
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