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Truck Update!!

April 30th, 2011 at 11:26 am

I added some more money to the truck savings in the amount of $1,672. That brings the balance to $11,922!! Only $78 short. Wish I had won that in Vegas. Smile

But the real news is that we bought a new to us truck yesterday! We bought a 2007 Honda Ridgeline with just over 23,000 miles. It has the leather seats and a navigation system...which are much more than we were originally looking for. It is now sitting in our driveway!

Since our goal was to put $12K down, we went ahead and borrowed the extra $78 from other savings. We financed under $15K for 48 months at 3.39%. Some of the sales tax and registration fees were added to our finance amount. So yes. More debt. It was so fun to put down that much cash for a vehicle!! I highly expect we will pay off the truck early as we usually do, but that will likely wait as a goal until after we have moved.

We now have two Honda vehicles (both 2007) that we expect to have for quite a few more years to come. It would be nice to get the girls to college at least before we buy our next vehicles. Full cash would be awesome!

We bought the truck used from a BMW dealership. While we were waiting to do paperwork, the salesman took a few moments to talk to us about how affordable a BMW can be. Using a lease! Ugh. So not into those...the lease. I'd take a BMW if I could afford one.

2 Responses to “Truck Update!!”

  1. FrugalTexan75 Says:

    Congrats on the new truck!

  2. PNW Mom Says:

    Congratulations!

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