You've probably already penciled it out, but mine are paid off also, and because of that it is very difficult to justify purchasing a new car with better economy. The fuel savings would have to be massive to offset taking on a payment, and that also means some little 4 seat tin can. Some arrangements like the $600 Camry would definitely work out financially - that was a good move.
In the middle would be selling the Cruiser for the $6k or whatever it's worth with fuel prices like they are and buying something for the cash to have no payments again. I'm sure that's what you're thinking of and surprisingly you can get a pretty nice car for that for DD. Since you have a big SUV for a safe family tank, an ability to tow, and an ability to car pool I'd consider going full on and getting a super economy DD with side airbags if possible.
We have two 80s and I've penciled it out. What I'm planning to do is wait until diesel SUV Toyotas are available here in the US because then the fuel savings WILL be radical (from my current 13mpg to as much as a 30mpg rig) and make the purchase worth it. Should be about 2 years.
I'd consider a 4 cylinder stick shift BMW 3 series, or an automatic Mercedes E class with square headlamps as good reliable safe economical transport. Dunno if you can do a driver's seat track extender for your carcass, tho.....
DougM
In the middle would be selling the Cruiser for the $6k or whatever it's worth with fuel prices like they are and buying something for the cash to have no payments again. I'm sure that's what you're thinking of and surprisingly you can get a pretty nice car for that for DD. Since you have a big SUV for a safe family tank, an ability to tow, and an ability to car pool I'd consider going full on and getting a super economy DD with side airbags if possible.
We have two 80s and I've penciled it out. What I'm planning to do is wait until diesel SUV Toyotas are available here in the US because then the fuel savings WILL be radical (from my current 13mpg to as much as a 30mpg rig) and make the purchase worth it. Should be about 2 years.
I'd consider a 4 cylinder stick shift BMW 3 series, or an automatic Mercedes E class with square headlamps as good reliable safe economical transport. Dunno if you can do a driver's seat track extender for your carcass, tho.....
DougM