So we have made a decision. In reference to previous posts about getting rid of one of our cars, we have decided to sell my wife’s car and keep my Mini that I rarely drive anyway. She has taken the Mini to work this morning, and I will be taking her car over to the detailer to have it cleaned up. Lucky for us, we already sold it to a friend of ours, so that part of the headache is over. We decided to keep the newer car even if it costs us more per month as A. we like it more than her car, B. it is still fully covered under warranty, and C. well, it is a Mini. Most fun car I have ever owned, even better than my 2 Audi’s I had back in the day and my GTI.
Overall we will be saving about $375 – $400 per month, factoring in what was left of her car payments, her insurance, and her parking. Not a small amount, by any means, but not as much as we would have saved on the Mini. But still, we can afford both cars as it is right now, so getting rid of one will only help us put away even more money towards more important things like retirement. Plus, it will free us of any maintenance expenses that might have come along with her car, since her warranty expired as of the end of last year.
I am pretty happy about it, but kind of weirded out at the same time being car-less in Los Angeles. But since I work from home, rarely go anywhere I cannot bike or walk to, and plan on picking up a Vespa or something like it for longer trips, I think we will be fine. I told her to be careful with my car this morning and she said “you are not going to tell me that every morning, are you?” 🙂 I said no, of course not. Not EVERY morning…just some of them. I am car buff and I have always taken such great care of the cars I have owned that it is weird to hand over the keys to someone else…even if the someone else is my wife. But still….
Saving $375-$400 per month is no small feat and it will certainly add up over the course of time. Just thought I would share.