November 30, 2008

Tighter Financial belt with a FIT.

Earlier this year we had two cars - a 2006 Saturn ion and a 2006 Saturn Relay (minivan) For a lot of families having a mini van is a necessity. I am not a mini-van Mom. It was bigger then we needed.

A few months ago I go a frugal stick up my butt - Jim and I sold our mini van and decided to live on one vehicle!

I'm almost ashamed to admit it - not long ago we broke down and bought a second car. A new car.

We are now very proud owners of a 2009 Honda Fit.

Here is list of excuses as to why we needed wanted a second car:

-getting the kids up early to take Hubby to work was tiresome (I'm lazy)
-picking up Hubby from work when I normally cook dinner was a bother. (I'm lazy)

Yes, I'm a lazy American who isn't even a citizen! - living out the American dream of being in debt.

But - hey! Didn't I say I was a proud owner? yes, I did.

Here is a list of good reasons why a Honda Fit fits us:

-We recently reached 38 mpg... awesome!
-It's looks tiny - but has more then enough space for our family - we bought what we needed not what we wanted. Here is what we wanted.

Why new - why not used?

-used cars loans generally have higher interest rates
-we wanted something under warranty.
-we looked for used Hondas - here's the thing - Hondas hold their value. A 2-3 year Honda is not a huge bargain.

Overall this was a good purchase for us. We have a new car- a car that fits our budget, a car that fits our family. This was an educated decision - not an emotional one. And that's a big deal for us!


Lorie said...

Congratulations! You made a sound decision for your family! While I don't get 38 mpg with my VW Passat Wagon I do get excellent mileage compared to many (many, many)others in my "huge truck" town with plenty of room for my family. Enjoy that new car!

Ethan, Zach, and Emma's Mom said...

Looks like a fun car! I'm a mini van mom, myself. It has to be a relief to get back to two cars, though.

Anonymous said...

I understand completely. I spend a lot of time in my car - a lot! wise choice