Gang, I am looking for a little financial advice on a situation I am in. I was just informed that my wife will be receiving her late father's Jeep Cherokee which is so much more than a vehicle to her....it is a part of her father which she wants to keep for ever. The kids recognize XJ's like his as Grampy's truck. She intends to use it as a daily driver, even with 140k on the clock....now she doesn't do more than 20miles a day, and most days she is under 10. It should work.
Here is the question....I want to make a solid financial decision, not an impulse. I drive a company Honda pickup for work, and since having it, we have only had one personal vehicle.....my beloved 1997 LX450. My intent was to keep it as a family vehicle and when it retired, start the mods.
Well......I use the little honda pick-up for everything......the bed is so much easier for moving stuff back and forth from the lease. My wife wants to sell the LX450 and get out from under car payments (12 more months), and just live with the XJ and my company vehicle (which really isn't insured for doing anything personal).
Would you?
1) Keep the FZJ80 as a 2nd personal vehicle and continue using the company pickup for lease trips
2) Sell the FZJ80 and continue using the company pickupfor lease trips
3) Trade/Sell the FZJ80 and get a pickup for weekends and the lease trips.
d) do something off the wall that I is not even on my radar?
Here is the question....I want to make a solid financial decision, not an impulse. I drive a company Honda pickup for work, and since having it, we have only had one personal vehicle.....my beloved 1997 LX450. My intent was to keep it as a family vehicle and when it retired, start the mods.
Well......I use the little honda pick-up for everything......the bed is so much easier for moving stuff back and forth from the lease. My wife wants to sell the LX450 and get out from under car payments (12 more months), and just live with the XJ and my company vehicle (which really isn't insured for doing anything personal).
Would you?
1) Keep the FZJ80 as a 2nd personal vehicle and continue using the company pickup for lease trips
2) Sell the FZJ80 and continue using the company pickupfor lease trips
3) Trade/Sell the FZJ80 and get a pickup for weekends and the lease trips.
d) do something off the wall that I is not even on my radar?